Listed by Ecklund Properties, Bought with Haven Homes LLC
NOT LISTED FOR SALE

Estimated Value: $586,000 - $632,000

6 Beds
4 Baths
2,176 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $589,000 $271 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,773/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • High Speed Internet
  • Reeves Middle School Rated A-
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of October 2023

TERRIFIC OPPORTUNITY to own a DUPLEX in Olympia School District featuring 2-story units with 3 bedrooms, 1.5 baths, 1 car garages. Fresh paint, new laminate floors, and clean carpets await new owner and tenants. Refrigerator included and washer/dryer hookups in each unit Live in one side and rent the other out! No HOA fees. Conveniently located on quiet dead end street near I-5, parks, trails, shopping, and dining.

Last Agent to Sell the Property

Kelly Ecklund

Ecklund Properties License #23017542 Listed on: 09/15/2023

Last Buyer's Agent

Cherie Haven

Haven Homes LLC License #23054

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2162319

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 1985

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Madison Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53300200300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,285

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2176
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • 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: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 3439

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Reeves Mid

Lot Info

  • Parcel Number: 53300200300
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4400

Multi Family

  • Gross Scheduled Income: 52800
  • Net Operating Income: 44544
  • Number Of Units Total: 2
  • Insurance Expense: 1019
  • Leasable Area: 2608
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4285

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 18, 2023
Sold by
Solis Romeo C
Bought by
Hanna Braden and Grinberg Rochelle
Seller's Agent
Kelly Ecklund
Ecklund Properties
Buyer's Agent
Cherie Haven
Haven Homes LLC
List Price
$589,000
Sold Price
$589,000
Views
28
Current Estimated Value
$610,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,963
Avg. Annual Appreciation
2.44%
Original Mortgage
$569,342
Outstanding Balance
$561,308
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$54,575
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
Hanna Braden $589,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanna Braden $569,342
Previous Owner Solis Romeo C $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $589,000 0.0% $271 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $589,000 -- $271 / 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 $5,404 $549,800 $271,600 $278,200
2023 $5,404 $516,700 $215,100 $301,600
2022 $4,285 $467,000 $196,800 $270,200
2021 $4,612 $358,500 $138,300 $220,200
2020 $3,821 $357,200 $107,000 $250,200
2019 $4,118 $288,600 $109,900 $178,700
2018 $3,574 $265,300 $96,000 $169,300
2017 $2,990 $239,100 $60,800 $178,300
2016 $2,481 $204,900 $84,400 $120,500
2014 -- $198,150 $89,050 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2162319

Northwest Multiple Listing Service (NWMLS)

APN: 53300200300