1111 Fairview Lane East
1111 Fairview Lane East
Montesano, WA 98563
$425,000
Last Sold Price
4
Beds
2
Baths
2,080 Sq. Ft.
$204 / Sq. Ft.
2,080
Sq. Ft.
$204
per Sq. Ft.
Sold 1/4/24
Sold 1/4/24
Description
Superb investment opportunity with this well-maintained duplex, nicely situated in Montesano. Both units are occupied by fantastic tenants who would love to stay. Each unit is 1040 sq ft. Entering the front door you'll find the living, dining area, kitchen and laundry. Downstairs hosts two bedrooms and a bath. The east unit’s fridge and dishwasher are a few months new. The west unit includes a 2 year-old fridge and washer/dryer. The west unit boasts hardy Lifeproof flooring throughout. Sliders in...Superb investment opportunity with this well-maintained duplex, nicely situated in Montesano. Both units are occupied by fantastic tenants who would love to stay. Each unit is 1040 sq ft. Entering the front door you'll find the living, dining area, kitchen and laundry. Downstairs hosts two bedrooms and a bath. The east unit’s fridge and dishwasher are a few months new. The west unit includes a 2 year-old fridge and washer/dryer. The west unit boasts hardy Lifeproof flooring throughout. Sliders in the dining area provide tons of light and walk out onto sizable decks. Downstairs, the south bedroom sliders open to concrete patios. The partially-fenced yard has two small storage sheds. 3 minutes to downtown. This is an exceptional property.
Property Details for 1111 Fairview Lane East
Community Name
Montesano
School DistrictMontesano
ViewTerritorial
Number of Assigned Spaces4
Total Covered Parking0
Entry Date11-28-2023
Energy SourceElectric
SewerSewer Connected
Location
Add your commute
LISTING UPDATED: 01/04/2024 12:40 PM
Property Details for 1111 Fairview Lane East
| Status | Sold |
|---|---|
| MLS # | 2168877 |
| Days on Market | 3 |
| Cumulative Days on Market | 3 |
| Taxes | $3,265 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2008 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Grays Harbor County |
Location
Add your commute
Building Information for 1111 Fairview Lane East
Stories2Residences2Year Built2008Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$2,591 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,319
Property Taxes
$272
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1111 Fairview Lane East
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Deck, Fenced-Partially, High Speed Internet, Patio
- Area: 203 - Montesano
- Effective Year Built Source: Public Records
- Directions: From Hwy 12, at the Montesano exit, head North on Main. Right at Pioneer. Left at S Academy. Slight right on to Beacon. Left on Adams. Right on Fairview. Property on right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Ceramic Tile, Laminate, Vinyl, Carpet
- Features: Ceramic Tile, Laminate, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Cement/Concrete, Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: GH PUD
- Sewer Company: City of Montesano
- Water Company: City of Montesano
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- MLS Square Footage Source: Public Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2008
- Photos Count: 30
Lot Information
- Lot Details: Dead End Street
- Lot Size Source: Public Records
- Parcel Number Free Text: 075800100003
- Building Condition: Good
- Calculated Square Footage: 2080
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2080.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 5141
- Gross Adjusted Income: 24259
- Gross Rent Multiplier: 14.46
- Gross Scheduled Income: $29,400
- Insurance Expense: $1,376
- Net Operating Income: $24,259
- Other Expenses: $500
- Total Monthly Income: 2450
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1111
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1040
- Rent Unit 1: $1,400.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 1113
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1040
- Rent Unit 2: $1,050.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2080.0
- Leasable Area Units: Square Feet
Property History for 1111 Fairview Lane East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1111 Fairview Lane East
Taxable ValueLand$55,924Additions$304,359Total$360,283
Tax Record2023$3,265 ($272 / month)
Home Facts
Total Finished SqFt1,040 SqFtAbove Ground SqFt1,040 SqFtStories1Lot Size6,098 SqFtStyleMobile / Manufactured HomeYear Built2008CountyGRAYS HARBORAPN075800100003
Schools near 1111 Fairview Lane East
This home is within Montesano School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 6 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Beacon Avenue Elementary School PublicPK to 2 | ||
Simpson Avenue Elementary School Public3 to 6 | ||
Montesano Jr-Sr High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
