Listed by Redfin, Bought with Olympic Sotheby's Int'l Realty
NOT LISTED FOR SALE

Estimated Value: $565,000 - $672,000

6 Beds
4 Baths
2,966 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2025

Last sale price $625,000 $211 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,945 / mo

9 Days on Market

Highlights

  • Corner Lot
  • Patio
  • High Speed Internet
  • No HOA
  • Ceramic Tile Flooring
  • Property is Fully Fenced

About This Home

As of January 2025

Fantastic opportunity to own a well-established Eastside duplex in Olympia with a strong rental history. Ideally located near downtown, this property offers convenient access to shops, restaurants, schools, Capitol building, and freeway access. Each two-story unit features 3 bedrooms, 1.5 baths, a tiled-counter kitchen, newer appliances, private fenced yards, in-unit washer and dryer, radiant heating, a private single-car garage, and driveway parking. Excellent investment with a 5.35% cap rate!

Last Agent to Sell the Property

Remi Evergreen

Redfin License #27309 Listed on: 11/22/2024

Last Buyer's Agent

Stacey Gravatt

Olympic Sotheby's Int'l Realty License #20111670

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2311917

Northwest Multiple Listing Service (NWMLS)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,327

Year Built

  • Built in 1999

Lot Details

  • 8,000 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,966 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Radiant Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43400000600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,327

Year Built

Built in 1999

Lot Details

8,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 2966
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 43400000600
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist - Buyer to verify
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.61
  • LeasedItems: None
  • TotalMonthlyIncome: 3550

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5327

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 14, 2025
Sold by
Bought by
Seller's Agent
Remi Evergreen
Redfin
Buyer's Agent
Stacey Gravatt
Olympic Sotheby's Int'l Realty
List Price
$665,000
Sold Price
$625,000
Premium/Discount to List
-$40,000
-6.02%
Views
42
Current Estimated Value
$636,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,924
Avg. Annual Appreciation
1.23%

Purchase Details

Closed on
Sep 19, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eastside, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 Wfg National Title
$354,719 Thurston County Title Co
-- First American Title Ins Co
-- First American Title Ins Co
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $625,000 -6.0% $211 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $665,000 -- $224 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,327 $659,900 $280,000 $379,900
2024 $5,327 $646,600 $271,600 $375,000
2023 $5,327 $509,300 $182,800 $326,500
2022 $5,389 $535,800 $195,600 $340,200
2021 $5,758 $451,100 $151,600 $299,500
2020 $5,177 $446,100 $105,700 $340,400
2019 $4,594 $391,200 $148,800 $242,400
2018 $4,649 $345,200 $112,900 $232,300
2017 $4,204 $336,500 $78,800 $257,700
2016 $3,745 $289,050 $106,450 $182,600
2014 -- $299,500 $112,400 $187,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2311917

Northwest Multiple Listing Service (NWMLS)

APN: 43400000600

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