NOT LISTED FOR SALE

1217 2nd Ave SW Unit A&B Tumwater, WA 98512

Trosper Neighborhood

Estimated Value: $657,000 - $749,000

6 Beds
5 Baths
2,686 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $349,900 $130 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,322/month

16 Days on Market

Highlights

  • Mountain View
  • Deck
  • Ceramic Tile Flooring
  • Michael T. Simmons Elementary School Rated A-

About This Home

As of January 2017

Terrific investment opportunity with rent upside! Newer Duplex, always rented. Currently occupied, one long-term tenant, one just moved in. Both tenants are month to month. Newer roof, very well maintained property.

Last Agent to Sell the Property

Quint Newell

Greene Commercial License #113575 Listed on: 11/18/2016

Greene Commercial

Last Buyer's Agent

Quint Newell

Greene Commercial License #113575 Listed on: 11/18/2016

Greene Commercial

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1054048

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,575

Year Built

  • Built in 2003

Lot Details

  • 6,465 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09080012003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,575

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2003
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2686
  • Special Features: None
  • Cumulative Days on Market: 313

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Post & Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 09080012003
  • Lot Size Acres: 0.1484
  • Lot Size Sq Ft: 6465
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 29880
  • Net Operating Income: 25705
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 2686
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3575

MLS Schools

  • Elementary School: Michael T Simmons El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Martincello Thomas
Bought by
Zeeks Properties Llc
Total Days on Market
16
Current Estimated Value
$684,289

Purchase Details

Closed on
Mar 1, 2021
Sold by
Martincello Jean Marie
Bought by
Martincello Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 28, 2017
Sold by
Collins Matthew
Bought by
Stoker Chad W
Seller's Agent
Quint Newell
Greene Commercial
Buyer's Agent
Quint Newell
Greene Commercial
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$262,425
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 26, 2017
Sold by
Stoker Heather D
Bought by
Stoker Chad W
Seller's Agent
Quint Newell
Greene Commercial
Buyer's Agent
Quint Newell
Greene Commercial
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,425
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2009
Sold by
Collins Julie
Bought by
Collins Matthew
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
Zeeks Properties Llc -- None Listed On Document
Martincello Thomas -- Thurston County Title Co
Martincello Thomas $525,000 Thurston County Title Co
Stoker Chad W $349,619 Thurston County Title
Stoker Chad W -- Thurston County Title
Collins Matthew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martincello Thomas $279,000
Previous Owner Stoker Chad W $262,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $349,900 0.0% $130 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $349,900 -- $130 / 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 $6,287 $638,400 $252,200 $386,200
2023 $6,287 $628,300 $236,000 $392,300
2022 $4,978 $573,600 $215,600 $358,000
2021 $5,488 $423,000 $133,900 $289,100
2020 $4,165 $427,900 $97,400 $330,500
2019 $4,458 $314,700 $108,200 $206,500
2018 $4,464 $345,900 $106,700 $239,200
2017 $3,943 $300,600 $55,500 $245,100
2016 $3,661 $263,200 $55,400 $207,800
2014 -- $268,800 $58,700 $210,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1054048

Northwest Multiple Listing Service (NWMLS)

APN: 09080012003