NOT LISTED FOR SALE

Estimated Value: $540,000 - $706,948

4 Beds
2 Baths
1,864 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $349,900 $188 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,785/month

3 Days on Market

Highlights

  • City View
  • Thermal Windows
  • Dog Run
  • Reeves Middle School Rated A-
  • Patio
  • High Speed Internet

About This Home

As of January 2018

Fully remodeled duplex in a great location! Brand new roof done by Weatherguard in July 2017, electrical panels(October), hardiplank siding, double panel vinyl windows, fresh paint inside and out, new fencing, no short-cuts were taken. New flooring, cabinets, trim, bathrooms, garage door openers, etc. needs nothing!! Olympia schools, responsible tenants on fresh leases for $1,300 a month, this place is completely dialed in! Perfect for an eventual owner occupant or a savvy investor!

Last Agent to Sell the Property

Kyle Schrader

RE/MAX Parkside Affiliates License #122699 Listed on: 11/14/2017

RE/MAX Parkside Affiliates

Last Buyer's Agent

Tim O'Neil

John L. Scott, Inc License #43566

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1218411

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 1970

Lot Details

  • 9,314 Sq Ft Lot
  • Dog Run
  • Property is Fully Fenced
  • Property is in very good condition

Property Views

  • City
  • Territorial

Home Design

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

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Eastside Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 68006000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,411

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1970
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1864
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 280

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition, Flat
  • View: City, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • 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: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 200

Schools

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

Lot Info

  • Parcel Number: 68006000100
  • Lot Size Acres: 0.2138
  • Lot Size Sq Ft: 9314
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dog Run,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 27891
  • Number Of Units Total: 2
  • Insurance Expense: 698
  • Leasable Area: 1864
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2411

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 4, 2018
Sold by
Schrader Kalsie B and Schrader Kayle
Bought by
Sattler Chad K and Sattler Melanie A
Seller's Agent
Kyle Schrader
RE/MAX Parkside Affiliates
Buyer's Agent
Tim O'Neil
John L. Scott, Inc
List Price
$349,900
Sold Price
$349,900
Total Days on Market
3
Current Estimated Value
$610,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,337
Avg. Annual Appreciation
7.57%
Original Mortgage
$262,420
Outstanding Balance
$224,915
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$376,557

Purchase Details

Closed on
Sep 27, 2017
Sold by
Conrads Kristine and Christian Kristine
Bought by
Schrader Kelsie B and Schrader Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2007
Sold by
Christian Marty
Bought by
Christian Kristine

Purchase Details

Closed on
Nov 29, 2006
Sold by
Webster Johns Nadine L and Johns Nadine L
Bought by
Christian Kristine M and Christian Marty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,600
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 1999
Sold by
Vatne Raymond Tom and Vatne Emtisal
Bought by
Johns Nadine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
7.5%
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 Buyer Sale Price Title Company
Sattler Chad K $377,709 Chicago Title
Sattler Chad K $377,709 Chicago Title
Schrader Kelsie B $227,219 Thurston County Title
Christian Kristine -- Chicago Title Company
Christian Kristine M $214,500 Chicago Title Company
Johns Nadine L $107,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sattler Chad K $262,420
Closed Sattler Chad K $262,420
Previous Owner Schrader Kelsie B $168,750
Previous Owner Christian Kristine $161,350
Previous Owner Christian Kristine M $171,600
Previous Owner Johns Nadine L $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $349,900 0.0% $188 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $349,900 -- $188 / 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 $4,312 $510,200 $271,600 $238,600
2023 $4,312 $412,100 $205,900 $206,200
2022 $4,061 $384,100 $170,800 $213,300
2021 $4,158 $339,700 $141,800 $197,900
2020 $3,520 $321,900 $107,600 $214,300
2019 $3,014 $265,800 $112,900 $152,900
2018 $2,849 $211,400 $91,800 $119,600
2017 $2,411 $192,700 $67,800 $124,900
2016 $1,819 $162,100 $71,600 $90,500
2014 -- $145,150 $75,550 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1218411

Northwest Multiple Listing Service (NWMLS)

APN: 68006000100