NOT LISTED FOR SALE

1018 Puget St NE Olympia, WA 98506

Northeast Olympia Neighborhood

Estimated Value: $540,000 - $640,000

4 Beds
2 Baths
1,825 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $560,000 $307 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,435/month

4 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Forced Air Heating System
  • Reeves Middle School Rated A-
  • No HOA
  • 4-minute walk to Parc Foundation

About This Home

As of June 2023

Welcome to this beautifully maintained duplex in the desirable Olympia School District! Featuring 2 units, 1018 & 1020, both with 2 bedrooms and 1 bath. Hardwood flooring throughout both. Newer Kitchen Cabinets and Counters in 1020. All kitchen appliances stay for both units. There is a detached 2 car garage separated for each unit or can be used as storage. Separated fully fenced yards for both sides. Located near restaurants, shopping, and adjacent to Intercity transit line 21. Both units are rented and would be a great investment opportunity! New Furnaces in each unit and New Roof installed less than 2 years ago.

Last Agent to Sell the Property

Jason Munoz

Keller Williams South Sound License #114219 Listed on: 04/06/2023

Keller Williams South Sound

Co-Listed By

Brian Wilcock

Keller Williams South Sound License #21005415

Last Buyer's Agent

Amanda Sampson

eXp Realty License #108709

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2051776

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1949

Lot Details

  • 5,402 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,825 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52103000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1949
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1825
  • Special Features: VirtualTour
  • Cumulative Days on Market: 279

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • 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
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: 90%+ High Efficiency, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 52103000801
  • Lot Size Acres: 0.124
  • Lot Size Sq Ft: 5402
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3050

Multi Family

  • Gross Scheduled Income: 36600
  • Net Operating Income: 31357
  • Number Of Units Total: 2
  • Insurance Expense: 717
  • Leasable Area: 1825
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jun 5, 2023
Sold by
Sparks Valerie
Bought by
Barnett Lauren and Barnett Cody
Seller's Agent
Jason Munoz
Keller Williams South Sound
Buyer's Agent
Amanda Sampson
eXp Realty
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Total Days on Market
4
Views
42
Current Estimated Value
$577,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,517
Avg. Annual Appreciation
1.55%
Original Mortgage
$549,857
Outstanding Balance
$537,729
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$39,788

Purchase Details

Closed on
Nov 18, 2009
Sold by
Puget Llc
Bought by
Sparks Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
White Kenneth M and Wells Desiree L
Bought by
Sparks Valerie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 13, 2003
Sold by
Bailey Gregory F and Bailey Rae L
Bought by
909 Llc

Purchase Details

Closed on
Dec 23, 2002
Sold by
Bailey Gregory F and Bailey Rae Lynn
Bought by
White Keneth M and Wells Desiree L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,701
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2001
Sold by
Bailey Properties Llc
Bought by
Bailey Gregory F and Bailey Rae Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.73%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Barnett Lauren $560,000 First American Title
Sparks Valerie -- Accommodation
Sparks Valerie J $217,000 Chicago Title Co
909 Llc -- --
White Keneth M $165,000 Chicago Title Company
Bailey Gregory F -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Lauren $549,857
Previous Owner Sparks Valerie $139,000
Previous Owner Sparks Valerie $163,600
Previous Owner Sparks Valerie J $173,600
Previous Owner White Keneth M $162,701
Previous Owner Bailey Gregory F $93,750
Closed White Keneth M $6,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $560,000 +1.8% $307 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $550,000 -- $301 / 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 $4,436 $531,500 $271,600 $259,900
2023 $4,436 $424,000 $195,900 $228,100
2022 $4,126 $434,500 $201,300 $233,200
2021 $4,395 $345,200 $141,600 $203,600
2020 $3,466 $340,300 $107,500 $232,800
2019 $3,072 $261,700 $94,900 $166,800
2018 $3,383 $251,100 $87,500 $163,600
2017 $2,540 $203,000 $48,900 $154,100
2016 $1,955 $173,150 $63,350 $109,800
2014 -- $156,000 $66,900 $89,100
Source: Public Records

Agents Affiliated with this Home

  • Jason Munoz

    Seller's Agent in 2023

    Jason Munoz

    Keller Williams South Sound

    (360) 495-8990

    5 in this area

    314 Total Sales

    Jason Munoz
    Section Image
  • Brian Wilcock

    Seller Co-Listing Agent in 2023

    Brian Wilcock

    Keller Williams South Sound

    (559) 859-4245

    2 in this area

    58 Total Sales

    Brian Wilcock
    Section Image
  • Amanda Sampson

    Buyer's Agent in 2023

    Amanda Sampson

    eXp Realty

    (360) 485-8973

    2 in this area

    88 Total Sales

    Amanda Sampson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2051776

Northwest Multiple Listing Service (NWMLS)

APN: 52103000801

Washington Thurston County Olympia 98506 Northeast Olympia

1018 Puget St NE, Olympia, WA

This home is located at 1018 Puget St NE, Olympia, WA 98506 since 06 April 2023 and is currently estimated at $577,517, approximately $316 per square foot. This property was built in 1949. 1018 Puget St NE is a home located in Thurston County with nearby schools including Roosevelt Elementary School, Reeves Middle School, and Avanti 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) 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. ©2025 NWMLS.

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