NOT LISTED FOR SALE

841 14th St Washougal, WA 98671

Estimated Value: $1,285,000 - $1,373,000

12 Beds
12 Baths
-- Sq Ft
0.69 Acres

Last Sold March 28, 2023

Last sale price $1,150,000

Est. 15% increase in value since last sale

Current estimated payment $8,148/month

3 Days on Market

Highlights

  • 10 Car Attached Garage
  • Level Lot
  • Wall Furnace
  • Controlled Entrance

About This Home

As of March 2023

Great Investment Opportunity in Washougal. Very nice property with 3 duplexes. All units have an attached 1 car garage, plus there is additional parking onsite. Property backs up to Elizabeth Park. Don't miss your chance to own this rare investment opportunity.

Last Agent to Sell the Property

Greg Goforth

Windermere/Crest Realty Co License #95909 Listed on: 01/27/2023

Windermere/Crest Realty Co

Co-Listed By

Brandon Roberts

Windermere/Crest Realty Co License #102225

Last Buyer's Agent

Donald Carlson

RE/MAX Equity Group License #123351

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,030

Year Built

  • Built in 1994

Lot Details

  • Level Lot

Parking

  • 10 Car Attached Garage
  • Controlled Entrance

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Crawl Space

Schools

  • Hathaway Elementary School
  • Jemtegaard Middle School
  • Washougal High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 071676010

Community Details

Overview

  • 6 Units
  • Elizabeth Park Subdivision

Building Details

  • Operating Expense $30,190
  • Gross Income $93,464
  • Net Operating Income $63,274

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,030

Year Built

Built in 1994

Lot Details

0

Parking

10

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1994
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 10.0
  • Total Parking Spaces: 10.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hathaway
  • High School: Washougal
  • Middle Or Junior School: Jemtegaard

Lot Info

  • Zoning: R1-7.5
  • Parcel #: 071676010

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 11029.91

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 13.91
  • Annual Gross Income: 93464.0
  • Property Net Operating Income: 63274.0
  • Annual Operating Expense: 30190.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 28, 2023
Sold by
William E Ekman Revocable Living Trust
Bought by
Hmjl Properties Llc
Seller's Agent
Greg Goforth
Windermere/Crest Realty Co
Buyer's Agent
Donald Carlson
RE/MAX Equity Group
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%
Views
25
Current Estimated Value
$1,324,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,160
Avg. Annual Appreciation
3.39%
Original Mortgage
$850,000
Outstanding Balance
$828,945
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$421,717

Purchase Details

Closed on
Nov 14, 2018
Sold by
Ekman William F
Bought by
Livi Ekman William E and Livi William E Ekman Revocable

Purchase Details

Listed on
Feb 3, 2017
Closed on
Oct 12, 2017
Sold by
Groeneveld De Witt Leona
Bought by
Ekman William E
Seller's Agent
Chris Cooley
Knipe Realty ERA Powered
Buyer's Agent
Bill Irving
Copper West Real Estate
List Price
$1,299,000
Sold Price
$1,110,000
Premium/Discount to List
-$189,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$540,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2017
Sold by
Rausch Jerry J and Rausch Patricia L
Bought by
Dewitt Leona

Purchase Details

Closed on
Sep 15, 1997
Sold by
Rausch Jerry J and Rausch Patricia L
Bought by
Groeneveld Dewitt Leona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hmjl Properties Llc $1,150,000 Fidelity National Title
Livi Ekman William E -- None Available
Ekman William E $1,110,000 Chicago Title Vancouver
Dewitt Leona -- Chicago Title Vancouver
Groeneveld Dewitt Leona $465,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hmjl Properties Llc $850,000
Previous Owner Ekman William E $540,000
Previous Owner Groeneveld Dewitt Leona $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $1,150,000 -11.5% --
01/31/2023 01/31/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $1,300,000 +17.1% --
10/13/2017 10/13/17 Sold $1,110,000 -14.5% --
08/18/2017 08/18/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,299,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,536 $1,428,400 $165,310 $1,263,090
2024 $12,928 $1,428,400 $228,128 $1,200,272
2023 $11,006 $1,190,300 $190,107 $1,000,193
2022 $11,030 $1,190,300 $190,107 $1,000,193
2021 $10,397 $1,035,000 $165,310 $869,690
2020 $10,237 $915,200 $124,132 $791,068
2019 $8,801 $915,200 $124,132 $791,068
2018 $9,966 $832,000 $0 $0
2017 $7,918 $777,600 $0 $0
2016 $7,731 $678,600 $0 $0
2015 $7,064 $605,880 $0 $0
2014 -- $550,800 $0 $0
2013 -- $550,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23547502

Regional Multiple Listing Service (RMLS)

APN: 071676-010