$389,900 Price Analysis   ♡   Montesano, WA 98563 Unknown bed None bath 2,362 SqFt ($165/SqFt) 6,000SqFt lot. Built 1891 Listed 2024-08-06, Taxes $2,355 | ✓ USDA Eligible near Grisdale, WA Restrictions may apply due to home size |
Location
Location, location! Montesano duplex within walking distance to shopping, post office, pharmacy and bus station. Main level unit is a sizeable 1392 square feet per county records. 2 bedrooms, 1 full bath, eat-in kitchen with w/d hook up. Upper unit is 970 square feet with 1 bedroom, 3/4 bath, high ceilings, good-sized living room and eat-in kitchen.
Off stret parking is available in the back, accessed from the alley. Rents are considerably under current market rates which would be closer to $1400 for the main level unit and $1000 for the upper unit. A reasonable refresh would be well worth the investment. This could be a tremendous opportunity for an owner occupant, live in one unit, rent the other, desirable area, schoo ls close by.
Presented by Mary Lawson at
Aberdeen Realty, Inc.
Property MLS #2272295 from NWMLS
Laminate Hardwood
Wall to Wall Carpet
Flooring: Laminate, Laminate Hardwood, Wall to Wall Carpet
Heating Fuel: Electric
Heating: Yes
Wood Products
Lot Size Acres: 0.137741
Lot Size Square Feet: 6000
High School: Montesano Jr-Sr High
High School District: Montesano
Middle School: Montesano Jr-Sr High
Map directions Map directions Map directionsLeasable Area: 2362
Leasable Area Units: Square Feet
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 0.75
Unit-1 Description: M
Unit-2 Description: U
Unit-1 Square Feet: 1392
Unit-2 Square Feet: 970
Unit 1 Total Actual Rent: 800
Unit 2 Total Actual Rent: 800
Source Listing Status: Active
Country Region: US
County: Grays Harbor
Cap Rate: 2.35
Directions: Into Montesano on main street. Turn right on Pioneer. GPS friendly.
Tax Year: 2024
Source Property Type: Multi-Family
Possible Use: Multi-Family, Residential
Insurance Expense: 1400
Area: 203 - Montesano
List Development Name: Montesano
Source Neighborhood: Montesano
Parcel Number: 076100800900
Street Suffix Modifier: Avenue
Subdivision: Montesano
Zoning: Multi-Family, Residential
Source System Name: C2C
Buyer Agent Commission: 2.5
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $207,403 + $52,560 $259,963 | $2,355 |
| 2022 | $192,652 + $30,912 $223,564 | $2,419 |
| 2021 | $141,425 + $27,600 $169,025 | $2,011 |
| 2020 | $128,569 + $24,000 $152,569 | $1,882 |
| 2019 | $119,045 + $24,000 $143,045 | $1,620 |
| 2017 | $94,370 + $24,000 $118,370 | $1,594 |
| 2017 | $99,089 + $24,000 $123,089 | $1,594 |
| 2016 | $94,370 + $24,000 $118,370 | $1,651 |
| 2015 | $92,950 + $24,000 $116,950 | $1,550 |
| 2014 | $87,375 + $27,000 $114,375 | $1,547 |
| 2013 | $87,375 + $27,000 $114,375 | $1,535 |
| 2012 | $76,325 + $36,000 $112,325 | $1,290 |
| 2011 | $76,325 + $36,000 $112,325 | $1,243 |
| 2010 | $76,325 + $36,000 $112,325 | $1,164 |
| 2009 | $76,325 + $36,000 $112,325 | $1,257 |
| 2008 | $76,325 + $18,000 $94,325 | $1,253 |
$389,900
NWMLS
Sold 2009-08-17
$85,000
Public Record
Listing removed 2009-06-23
$85,000
NWMLS
Listed 2009-06-09
$85,000
NWMLS
Sold 2006-05-31
$115,000
Public Record
Sold 2005-01-25
$99,500
Public Record
Operating Expense: 7869.020000000
Sewer: Septic, Sewer Connected
Water Source: Public
Building Area Units: Square Feet
Building Name: Mooneys
Foundation Details: Post & Block
Living Area Units: Square Feet
Property Age: 133
Property Condition: Good
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Year Built Effective: 1891
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.