NOT LISTED FOR SALE

Estimated Value: $400,000 - $436,000

2 Beds
2 Baths
1,200 Sq Ft
$351/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $400,000 $333 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,607/month

77 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Partially Fenced Property
  • Michael T. Simmons Elementary School Rated A-
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of November 2023

Great investment opportunity in a fantastic location! This duplex has been freshly painted both inside and out, new gutters and new Luxury Plank Vinyl flooring installed. Each unit has 1 bedroom, 1 bath, washer/dryer hookups and a 1 car garage! The lot is a large .18 acres with a spacious yard, loads of potential! Enjoy the vintage features of arched doorways and built-in cabinets. This Duplex is close to schools, bus lines, grocery stores, restaurants, and close to freeway access. Whether you want to rent both sides or live in one side and rent the other there are plenty of possibilities.

Last Agent to Sell the Property

Pamela Brechwald

RE/MAX Parkside Affiliates License #75620 Listed on: 07/20/2023

RE/MAX Parkside Affiliates

Last Buyer's Agent

Kathryn Sentinella

Keller Williams Western Realty License #111054

Keller Williams Western Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2141400

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1948

Lot Details

  • 7,847 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Michael T Simmons El Elementary School
  • Tumwater Mid Middle School
  • A G West Black Hills High School

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09080008000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,965

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1200
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 373

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • CableConnected: Comcast/Xfinity
  • InternetConnected: Comcast/Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: A G West Black Hills
  • Middle Or Junior School: Tumwater Mid

Lot Info

  • Parcel Number: 09080008000
  • Lot Size Acres: 0.1801
  • Lot Size Sq Ft: 7847
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 26535
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 1200
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2965

MLS Schools

  • Elementary School: Michael T Simmons El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 24, 2023
Sold by
Campbell Daniel R and Campbell Laurie P
Bought by
Kraft Alex
Seller's Agent
Pamela Brechwald
RE/MAX Parkside Affiliates
Buyer's Agent
Kathryn Sentinella
Keller Williams Western Realty
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Views
105
Current Estimated Value
$420,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,764
Avg. Annual Appreciation
4.36%
Original Mortgage
$340,000
Outstanding Balance
$335,212
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$93,590

Purchase Details

Closed on
Aug 2, 2004
Sold by
Carlson Christopher L and Carlson William R
Bought by
Lazy C Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2004
Sold by
Lazy C Properties
Bought by
Campbell Daniel R and Campbell Laurie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2003
Sold by
Carlson Janelle E
Bought by
Carlson Christopher L
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
Kraft Alex $400,000 Chicago Title
Lazy C Properties -- Thurston County Title
Campbell Daniel R $133,500 Thurston County Title
Carlson Christopher L -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraft Alex $340,000
Previous Owner Campbell Daniel R $93,750
Previous Owner Campbell Daniel R $106,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $400,000 -2.4% $333 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $410,000 -8.9% $342 / Sq Ft
08/28/2023 08/28/23 Price Changed $450,000 -5.3% $375 / Sq Ft
07/30/2023 07/30/23 Price Changed $475,000 -4.8% $396 / Sq Ft
07/20/2023 07/20/23 For Sale $499,000 -- $416 / 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 $3,268 $385,500 $252,200 $133,300
2023 $3,268 $326,100 $193,900 $132,200
2022 $2,566 $303,500 $181,400 $122,100
2021 $2,734 $217,700 $118,100 $99,600
2020 $2,476 $212,800 $97,300 $115,500
2019 $2,369 $186,800 $115,300 $71,500
2018 $2,521 $195,200 $109,500 $85,700
2017 $1,830 $139,150 $62,350 $76,800
2016 $1,473 $122,850 $58,250 $64,600
2014 -- $107,750 $61,650 $46,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2141400

Northwest Multiple Listing Service (NWMLS)

APN: 09080008000