Listed by Olympic Sotheby's Int'l Realty, Bought with John L. Scott Lacey
NOT LISTED FOR SALE

100 N 8th Ave SW Tumwater, WA 98512

Tumwater Hill Neighborhood
-- Bed
-- Bath
11,559 Sq Ft
0.3 Acres

Last Sold September 11, 2020

Last sale price $1,500,000 $130 Per Sq Ft

9 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wood Siding
  • Tumwater Middle School Rated A-
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of September 2020

Great investment opportunity on coveted Tumwater Hill! With close proximity to the freeway, state offices, schools, shopping & restaurants, this well-maintained building rarely experiences vacancies. Featuring two 2-BR, 1-BA & eight 1-BR, 1-BA units w/ private decks, covered parking & storage units on the parking level. New roof, w/ added pitch, & gutters in 2010 & new sewer line in 2019. Don’t purchase based on proforma! Current CAP rate is above 5%!

Last Agent to Sell the Property

Tim Lynch

Olympic Sotheby's Int'l Realty License #117939 Listed on: 06/30/2020

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Randy Rajala

John L. Scott Lacey License #24480

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1622751

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,484

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 11,559 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Tumwater Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09250066001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,484

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 11559
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 10
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of TUmwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 8085

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 09250066001
  • Lot Size Acres: 0.2965
  • Lot Size Sq Ft: 12916
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 10000

Multi Family

  • Gross Scheduled Income: 118200
  • Net Operating Income: 81834
  • Number Of Units Total: 10
  • Electric Expense: 1158
  • Insurance Expense: 4848
  • Leasable Area: 8120
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10484

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $1,500,000 0.0% $130 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $1,500,000 0.0% $130 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $1,500,000 -- $130 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Lynch

    Seller's Agent in 2020

    Tim Lynch

    Olympic Sotheby's Int'l Realty

    (360) 789-7890

    2 in this area

    107 Total Sales

    Tim Lynch
    Section Image
  • Randy Rajala

    Buyer's Agent in 2020

    Randy Rajala

    John L. Scott

    (360) 561-8753

    11 Total Sales

    Randy Rajala
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1622751

Northwest Multiple Listing Service (NWMLS)
Washington Thurston County Tumwater 98512 Tumwater Hill

100 N 8th Ave SW, Tumwater, WA

This home is located at 100 N 8th Ave SW, Tumwater, WA 98512 since 30 June 2020. This property was built in 1968. 100 N 8th Ave SW is a home located in Thurston County with nearby schools including Tumwater Hill Elementary School, Tumwater Middle School, and A.G. West Black Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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