Listed by eXp Realty, Bought with Signature Service RE Olympia
$500,000
SOLD DEC 27, 2024

1016 Peach Rd Unit A & B Winlock, WA 98596

4 Beds
4 Baths
2,304 Sq Ft
3,484 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

7% Below List Price

159 Days on Market

About This Home

As of December 2024

Almost brand-new duplex, built in 2023! Prime LOCATION off Hwy 505, minutes from I-5 in a new development! Each unit features 2 primary bedrooms with en-suite bathrooms and walk-in closets! Tenants cover all utilities! Luxury Vinyl Plank flooring throughout, separately fenced yards, mini splits on both levels, and ducting to each bedroom and bathroom. Each unit includes a one-car garage with an automatic opener. Located in the growing community of Winlock between Portland & Olympia – a premium investment opportunity!

Last Agent to Sell the Property

Justin McClellan

eXp Realty License #23019813 Listed on: 06/21/2024

eXp Realty

Last Buyer's Agent

Adina Groza

Signature Service RE Olympia License #132682

Signature Service RE Olympia

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2251334

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 2023

Lot Details

  • 3,484 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Winlock Miller Elementary School
  • Winlock Mid Middle School
  • Winlock Snr High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System

Community Details

  • Winlock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015628002019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,913

Year Built

Built in 2023

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2023
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2304
  • EffectiveYearBuiltSource: Public Records
  • Special Features: NewHome
  • Cumulative Days on Market: 290

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: Lewis County PUD
  • SewerCompany: City of Winlock
  • WaterCompany: City of Winlock
  • InternetConnected: ToledoTel
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 20
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Winlock
  • High School: Winlock Snr High
  • Middle Or Junior School: Winlock Mid

Lot Info

  • Parcel Number: 015628002019
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: GIS
  • MLSSquareFootageSource: Plans
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.21
  • LeasedItems: None
  • TotalMonthlyIncome: 3650

Multi Family

  • Gross Scheduled Income: 43800
  • Net Operating Income: 37939
  • Number Of Units Total: 2
  • Insurance Expense: 1948
  • Leasable Area: 2304
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3913

MLS Schools

  • Elementary School: Winlock Miller Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Dec 20, 2024
Sold by
Levanen Marty and Levanen Melissa
Bought by
Duplessis Debra Lynn
Seller's Agent
Justin McClellan
eXp Realty
Buyer's Agent
Adina Groza
Signature Service RE Olympia
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Total Days on Market
159
Views
17
Current Estimated Value
$482,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,098
Avg. Annual Appreciation
-7.60%
Original Mortgage
$500,000
Outstanding Balance
$498,709
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
-$15,807
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Chicago Title
Warranty Deed $500,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 VA
Closed $500,000 VA
Previous Owner $382,500 New Conventional
Previous Owner $360,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $500,000 -4.8% $217 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $525,000 -1.9% $228 / Sq Ft
06/21/2024 06/21/24 For Sale $535,000 -- $232 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $544,500 $62,400 $482,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2251334

Northwest Multiple Listing Service (NWMLS)

APN: 015628-002-019