Listed by Skyline Properties, Inc., Bought with John L. Scott Lacey
NOT LISTED FOR SALE

Estimated Value: $437,000 - $531,000

3 Beds
2 Baths
1,543 Sq Ft
$310/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $401,500 $260 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,783/month

8 Days on Market

Highlights

  • Wood Siding
  • Reeves Middle School Rated A-
  • Vinyl Flooring

About This Home

As of December 2021

Fantastic opportunity to own multi-family property in Olympia! This one story with daylight basement style, well maintained duplex has 2 bedrooms, 1 bath on main level and 1 bedroom, 1 bath unit located on lower level. Start earning income immediately. Upstairs unit has laminate wood flooring throughout main areas and bedrooms, vinyl in kitchen and bath. Lower level has ceramic tile throughout. Laundry room and additional storage space located on lower level. Rear lower level has sizeable covered patio and carport that opens up to mostly private, buffered back yard. Upstairs has side small deck off of side door and paved walk-way that leads to backyard. Close to shopping, freeway, and bus line.

Last Agent to Sell the Property

Blythe Larsen

Skyline Properties, Inc. License #71595 Listed on: 10/11/2021

Skyline Properties, Inc.

Last Buyer's Agent

Jake DeAtley

John L. Scott Lacey License #140289

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1851652

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1955

Lot Details

  • 5,250 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,543 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Eastside Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 68200401000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,267

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1955
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1543
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Olympia
  • WaterCompany: Olympia
  • WaterSewerGarbage: 2781

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 68200401000
  • Lot Size Acres: 0.1205
  • Lot Size Sq Ft: 5250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2090

Multi Family

  • Gross Scheduled Income: 25080
  • Net Operating Income: 18396
  • Number Of Units Total: 2
  • Insurance Expense: 636
  • Leasable Area: 1543
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3267

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 2, 2021
Sold by
Deatley Sarah T
Bought by
Deatley Blade Aaron
Seller's Agent
Blythe Larsen
Skyline Properties, Inc.
Buyer's Agent
Jake DeAtley
John L. Scott Lacey
List Price
$365,000
Sold Price
$401,500
Premium/Discount to List
$36,500
10%
Current Estimated Value
$477,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,078
Avg. Annual Appreciation
4.57%
Original Mortgage
$394,227
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2005
Sold by
Hurley Clifford and Hurley Linda
Bought by
Hurley Clifford I and Hurley Linda M
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
Deatley Blade Aaron -- Chicago Title Company Of Wa
Hurley Clifford I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Deatley Blade Aaron $394,227
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $401,500 +10.0% $260 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $365,000 -- $237 / 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 $3,112 $433,400 $271,600 $161,800
2023 $3,112 $297,200 $154,500 $142,700
2022 $2,906 $310,500 $158,400 $152,100
2021 $3,267 $242,900 $111,000 $131,900
2020 $2,650 $252,800 $107,700 $145,100
2019 $2,275 $199,900 $93,300 $106,600
2018 $2,721 $201,900 $101,500 $100,400
2017 $2,014 $160,800 $59,800 $101,000
2016 $1,846 $163,750 $91,750 $72,000
2014 -- $147,250 $96,850 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1851652

Northwest Multiple Listing Service (NWMLS)

APN: 68200401000