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  • Listed by: Windermere RE/Aberdeen
    Bought with: Century 21 Northwest
    $505,000

    407 Simpson Avenue, Hoquiam, WA 98550

    --beds
    --baths
    4,480sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $503,600 Zestimate®
    $113/sqft
    $1,421 Estimated rent

    Home value

    $503,600

    $458,000 - $554,000

    $1,421/mo

    Zestimate® history
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    What's special

    Full kitchenVinyl plank flooring
    Multi-Family and commercial opportunity located near downtown Hoquiam. This property features 3 upper units - 2 Bedroom, 1 Bath with full kitchen (stove/range, refrigerator and dishwasher), washer/dryer and vinyl plank flooring. Additional opportunity for commercial/retail space located on main floor (owner currently uses as personal office/storage). All units are metered separate for power and water. Parking lot offers 8 parking spots. 2 units are used as an Airbnb with a short term renter in the other unit. Financial numbers are based on nightly rental income and are substantially above a market (if leased on a year basis). Units will be sold fully furnished.

    Zillow last checked:

    Listing updated:

    Listed by:

    Travis Jelovich,

    Windermere RE/Aberdeen,

    Lori Maruska,

    Windermere RE/Aberdeen

    Bought with:

    Tracy Mettier, 124424

    Century 21 Northwest

    Source: NWMLS as distributed by MLS GRID,MLS#: 2153181MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Concrete, Vinyl, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 4,480
    • Total interior livable area: 4,480 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Uncovered spaces: 8
    Features
    • Patio & porch: Concrete, Wall to Wall Carpet
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 7,840 sqft
    • Features: Paved, Sidewalk, Cable TV, High Speed Internet
    Details
    • Parcel number: 051802200203
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone, Wood Siding, Wood Products
    • Foundation: Poured Concrete, Slab
    • Roof: Composition
    Condition
    • Year built: 1968

    Utilities & green energy

    • Electric: Company: GH PUD
    • Sewer: Sewer Connected, Company: City of Hoquiam
    • Water: Public, Company: City of Hoquiam

    Community & neighborhood

    Location
    • Region: Hoquiam
    • Subdivision: West Hoquiam

    Other

    Other facts
    • Listing terms: Conventional
    • Cumulative days on market: 906 days

    Price history

    DateEventPrice
    11/3/2023Sold$505,000-13.7%$113/sqft
    Source: NWMLS as distributed by MLS GRID #2153181 Report a problem
    9/22/2023Pending sale$585,000$131/sqft
    Source: NWMLS as distributed by MLS GRID #2153181 Report a problem
    8/19/2023Listed for sale$585,000+431.8%$131/sqft
    Source: NWMLS as distributed by MLS GRID #2153181 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    12/2/2018Listing removed$969
    Source: Owner Report a problem
    12/2/2018Price change$969-9.4%
    Source: Owner Report a problem
    11/23/2018Price change$1,069-8.6%
    Source: Owner Report a problem
    11/20/2018Listed for rent$1,170
    Source: Owner Report a problem
    10/5/2018Sold$110,000-4.3%$25/sqft
    Source: Public Record Report a problem
    8/3/2017Sold$115,000-48.9%$26/sqft
    Source: Public Record Report a problem
    4/2/2016Listing removed$224,900$50/sqft
    Source: RE/MAX Northwest Realtors #876706 Report a problem
    12/12/2015Listed for sale$224,900+78.5%$50/sqft
    Source: RE/MAX NORTHWEST REALTORS #876706 Report a problem
    9/10/2012Sold$126,000-2.2%$28/sqft
    Source: NWMLS as distributed by MLS GRID #320288 Report a problem
    4/30/2012Listing removed$128,900$29/sqft
    Source: Premier Realty #320288 Report a problem
    3/27/2012Price change$128,900-0.8%$29/sqft
    Source: Premier Realty Grays Harbor, LLC Report a problem
    2/17/2012Price change$129,900-31.6%$29/sqft
    Source: Premier Realty Grays Harbor, LLC Report a problem
    1/4/2012Listed for sale$189,900$42/sqft
    Source: Premier Realty Grays Harbor, LLC #172474 Report a problem
    10/5/2010Listing removed$189,900$42/sqft
    Source: Visual Tour #76690 Report a problem
    6/6/2010Listed for sale$189,900-36.7%$42/sqft
    Source: Visual Tour #76690 Report a problem
    7/27/2008Listing removed$299,997$67/sqft
    Source: Visual Tour #28034182 Report a problem
    4/2/2008Listed for sale$299,997$67/sqft
    Source: Visual Tour #28034182 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,222 +49.2%$448,089 +71.3%
    2023$2,830 -2.2%$261,592
    2022$2,892 +61.2%$261,592 +85.3%
    2021$1,794 -6.1%$141,188
    2020$1,910 -3.1%$141,188
    2019$1,972 $141,188 +18.5%
    2018$1,972 +0%$119,151 -3.9%
    2017$1,972 +0.9%$124,048 -3.8%
    2016$1,953 $128,945 -3.8%
    2014$1,953 -1.4%$134,030
    2013$1,981 -7.6%$134,030 -8.9%
    2003$2,144 +2.6%$147,060
    2002$2,089 +2.3%$147,060
    2001$2,042 $147,060

    Find assessor info on the county website

    Neighborhood: 98550

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Hoquiam Mid
    • High: Hoquiam High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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