NOT LISTED FOR SALE

1208 Central St NE Olympia, WA 98506

Northeast Olympia Neighborhood

Estimated Value: $471,000 - $548,000

4 Beds
2 Baths
1,736 Sq Ft
$289/Sq Ft Est. Value

Last Sold March 21, 2013

Last sale price $180,000 $104 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $3,095/month

68 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Reeves Middle School Rated A-
  • Wood Siding
  • 4-minute walk to Mission Creek Nature Park

About This Home

As of March 2013

Great investment opportunity in Olympia school district! Both units currently rented. Dishwashers were new in 2008. 1208 Central has outbuilding in back. Washer and Dryer hookups are included.

Last Agent to Sell the Property

Susan Wise

RE/MAX Northwest License #15110 Listed on: 10/12/2012

RE/MAX Northwest

Last Buyer's Agent

Jessica Liederbach

RE/MAX Advantage License #71251

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 414645

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73202200100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,611

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1736
  • Special Features: None
  • Cumulative Days on Market: 342

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • 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
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 1166

Schools

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

Lot Info

  • Parcel Number: 73202200100
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings,Patio
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 16800
  • Net Operating Income: 12216
  • Number Of Units Total: 2
  • Insurance Expense: 807
  • Leasable Area: 173
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2611

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Mar 14, 2013
Sold by
Miller Maria J
Bought by
Buechel Daniel T
Seller's Agent
Susan Wise
RE/MAX Northwest
Buyer's Agent
Jessica Liederbach
RE/MAX Advantage
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Total Days on Market
68
Current Estimated Value
$501,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,069
Avg. Annual Appreciation
8.50%
Original Mortgage
$176,739
Outstanding Balance
$129,253
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$358,698

Purchase Details

Closed on
Jan 5, 2013
Sold by
R & M Miller Partnership Iii
Bought by
Miller Maria J

Purchase Details

Closed on
Jan 4, 2013
Sold by
R & M Miller Limited Partnership Iii
Bought by
Miller Maria J

Purchase Details

Closed on
Nov 28, 2012
Sold by
R & M Miller Limited Partnership Iii
Bought by
Miller Marla J
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
Buechel Daniel T $180,000 First American Title
Miller Maria J -- None Available
Miller Maria J -- None Available
Miller Maria J -- None Available
Miller Marla J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buechel Daniel T $7,395
Open Buechel Daniel T $21,649
Open Buechel Daniel T $176,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2013 03/21/13 Sold $180,000 -5.2% $104 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $189,900 -- $109 / 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 $3,549 $463,300 $271,600 $191,700
2023 $3,549 $339,000 $170,900 $168,100
2022 $3,148 $314,000 $138,300 $175,700
2021 $3,640 $263,200 $109,300 $153,900
2020 $3,181 $281,700 $106,700 $175,000
2019 $2,740 $240,100 $112,500 $127,600
2018 $2,938 $218,000 $95,300 $122,700
2017 $2,434 $194,500 $64,700 $129,800
2016 $2,088 $180,000 $85,300 $94,700
2014 -- $166,650 $90,050 $76,600
Source: Public Records

Agents Affiliated with this Home

  • Susan Wise

    Seller's Agent in 2013

    Susan Wise

    RE/MAX Professionals

    (360) 790-2047

    1 in this area

    120 Total Sales

    Susan Wise
    Section Image
  • Jessica Liederbach

    Buyer's Agent in 2013

    Jessica Liederbach

    RE/MAX

    (360) 556-3878

    22 in this area

    180 Total Sales

    Jessica Liederbach
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 414645

Northwest Multiple Listing Service (NWMLS)

APN: 73202200100

Washington Thurston County Olympia 98506 Northeast Olympia

1208 Central St NE, Olympia, WA

This home is located at 1208 Central St NE, Olympia, WA 98506 since 12 October 2012 and is currently estimated at $501,069, approximately $288 per square foot. This property was built in 1977. 1208 Central 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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