move-in ready

Under $100K Sunday ~ c.1909 Move-In Ready Bungalow in Malden WA Under $90K ~ Off Market

124 SE Aerie St, Malden, WA 99149      $89,500 Off Market

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OHU50K NOTES

We hit the jackpot with this move-in ready home. We don’t often find homes at this price point, especially in this condition, in the state of Washington.

History

Malden, Washington, is one of those boom to bust towns. This home was built in 1909, right at the starting point of the boom period, by and for Arthur Pederson, the owner of the new hardware store in town.

Before it became headquarters for Columbia Division of the Chicago, Milwaukee and St. Paul Railway (CM & St. P) in 1909, Malden was a sleepy wheat farming community with just a handful of residents. When the railroad came to town, however, Malden became one of the largest and fastest growing communities in the region.

Lodging places were built, a newspaper was founded, Pederson opened his hardware store, and saloons and grocery stores shot up to serve all the residents who worked for the railroad.

The boom years, though, proved to be short-lived. The railroad moved out of Malden in the 1920s, and the population decreased rapidly. By 1930, the town only had 375 residents remaining.

In the 1970s, the train depot was razed and all of the train tracks removed.  In 2010, the town’s population was 203. Although the post office still operates, the bustling stores and hotels were long since shuttered.

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REALTOR COMMENTS

This move-in ready, turn of the Century Charm, is in a wonderful Malden location. Built approx. 1909, known as the Pederson house, built as the home for the owner of the hardware store in town.

All new wiring and period light fixtures, all new plumbing, refinished floors, top of the line Hearthstone Manchester wood stove, farmhouse sink, restaurant quality farmhouse stove and oven, newer hot water heater, new windows, newly insulated in every wall of the house, excellent craftsmanship, 15 fruit trees.

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