Listed by Realty One Group Bold, Bought with MORE Realty
NOT LISTED FOR SALE

925 N Tower Ave Centralia, WA 98531

Estimated Value: $196,000 - $233,002

3 Beds
2 Baths
1,270 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $225,000 $177 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,263/month

12 Days on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

As of December 2024

Opportunity for an owner occupant or investor with this duplex. Unit A is a 2 bedroom, 1 bath and unit B is a 1 bed, 1 bath apartment. Lots of off street parking in the rear. Unit B has a deck that overlooks N Tower Ave. New roof in 2015 and exterior was painted in 2021. Do not disturb the tenants. No real estate sign in yard.

Last Agent to Sell the Property

Lyndsay Walker

Realty One Group Bold License #93778 Listed on: 11/02/2024

Realty One Group Bold

Last Buyer's Agent

Patricia Peterson-Hodge

MORE Realty License #129459

MORE Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2307860

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,270 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Centralia Mid Middle School
  • Centralia High School

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001652000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,438

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1915
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1270
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Post & Pillar
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: City of Centralia
  • WaterSewerGarbage: 3508

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia
  • High School: Centralia High
  • Middle Or Junior School: Centralia Mid

Lot Info

  • Parcel Number: 001652000000
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1810

Multi Family

  • Gross Scheduled Income: 21720
  • Net Operating Income: 15937
  • Number Of Units Total: 2
  • Insurance Expense: 837
  • Leasable Area: 1270
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1438

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2024
Closed on
Dec 12, 2024
Sold by
Raymond Leigh Enterprises Llc
Bought by
Tesfamariam Salamawit W
Seller's Agent
Lyndsay Walker
Realty One Group Bold
Buyer's Agent
Patricia Peterson-Hodge
MORE Realty
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Views
15
Current Estimated Value
$214,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,499
Avg. Annual Appreciation
5.25%
Original Mortgage
$168,750
Outstanding Balance
$168,160
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$65,768

Purchase Details

Listed on
Aug 28, 2014
Closed on
Jan 28, 2015
Sold by
Adamson Matthew and Adamson Leslie
Bought by
Raymond Leigh Enterprises Llc
Seller's Agent
Laura Lundin
Abbey Realty Inc
Buyer's Agent
Lyndsay Walker
Realty One Group Bold
List Price
$90,000
Sold Price
$77,500
Premium/Discount to List
-$12,500
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%

Purchase Details

Closed on
Sep 23, 2011
Sold by
Powell Chris R
Bought by
Adamson Matthew and Adamson Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2010
Sold by
Iddings Earl J
Bought by
Powell Chris R

Purchase Details

Closed on
Sep 24, 2010
Sold by
Fannie Mae
Bought by
Iddings Earl J

Purchase Details

Closed on
Feb 15, 2010
Sold by
Kushmaul Jeffrey M and Kushmaul Annette E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2005
Sold by
Bloom Buffi
Bought by
Kushmaul Jeffrey M and Kushmaul Annette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,463
Interest Rate
5.76%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tesfamariam Salamawit W $225,000 Title Guaranty
Tesfamariam Salamawit W $225,000 Title Guaranty
Raymond Leigh Enterprises Llc $155,000 Lewis County Title
Adamson Matthew $80,000 Lewis County Title
Powell Chris R -- None Available
Iddings Earl J -- Stewart Title Company
Federal National Mortgage Association $115,004 Lewis County Title
Kushmaul Jeffrey M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesfamariam Salamawit W $168,750
Closed Tesfamariam Salamawit W $168,750
Previous Owner Adamson Matthew $60,000
Previous Owner Kushmaul Jeffrey M $100,000
Previous Owner Kushmaul Jeffrey M $13,463
Previous Owner Kushmaul Jeffrey M $72,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $225,000 -5.9% $177 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/02/2024 11/02/24 For Sale $239,000 +208.4% $188 / Sq Ft
01/31/2015 01/31/15 Sold $77,500 -13.9% $61 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
08/28/2014 08/28/14 For Sale $90,000 -- $71 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2024 $1,438 $218,600 $14,000 $204,600
2023 $1,465 $177,700 $14,000 $163,700
2022 $1,779 $179,400 $35,900 $143,500
2021 $1,384 $179,400 $35,900 $143,500
2020 $1,494 $155,400 $34,600 $120,800
2019 $1,283 $132,400 $29,200 $103,200
2018 $1,244 $109,100 $23,800 $85,300
2017 $990 $93,200 $23,800 $69,400
2016 $804 $98,000 $25,000 $73,000
2015 $824 $78,400 $35,500 $42,900
2013 $824 $77,100 $35,500 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2307860

Northwest Multiple Listing Service (NWMLS)

APN: 001651-000-000