Listed by Networks Real Estate LLC
NOT LISTED FOR SALE

1242 Willow St SE Unit A-B Lacey, WA 98503

Central Lacey Neighborhood

Estimated Value: $545,000 - $576,853

4 Beds
3 Baths
1,928 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $303,000 $157 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,379/month

Highlights

  • RV Access or Parking
  • Territorial View
  • Wood Siding
  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of August 2017

THE PERFECT INVESTMENT PROPERTY. Very well maintained duplex in heart of Lacey. Recent roof, gutters and exterior paint. Terrific floorplan with 2 bd. 1.5 ba on each side. UNIQUE design allows for maximum privacy for each tenant (must see to appreciate) and the grounds are just lovely. Each side has two decks (one off master) and a REAL fireplace. Storage unit too! Large master bedroom with PLENTY of closet space. Jack n' Jill bath. Gas forced air heat. Rents under market. Really a NICE PLACE!

Last Agent to Sell the Property

Peter Henry

Networks Real Estate LLC License #47516 Listed on: 07/19/2017

Networks Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1163442

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1987

Lot Details

  • 0.36 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Mountain View Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Cable TV Available

Community Details

  • Central Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 65200100700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,942

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1928
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • 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: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: CITY OF LACEY
  • WaterCompany: CITY OF LACEY
  • WaterSewerGarbage: 2040

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 65200100700
  • Lot Size Acres: 0.3558
  • Lot Size Sq Ft: 15500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Outbuildings,RV Parking
  • MLSLotSizeSource: COUNTY RECORDS
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 18318
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 1928
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2942

MLS Schools

  • Elementary School: Mountain View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2022
Sold by
Gunderson Kristine B and Gunderson Randall D
Bought by
Rkg Homes Llc
Current Estimated Value
$560,963

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 24, 2017
Sold by
Mcclintock Rentals Llc
Bought by
Gunderson Randall D and Gunderson Kristine B
Seller's Agent
Peter Henry
Networks Real Estate LLC
List Price
$289,900
Sold Price
$303,000
Premium/Discount to List
$13,100
4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$225,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Mcclintock John and Lori Mcclintock
Bought by
Mcclintock Rentals Llc

Purchase Details

Listed on
Mar 5, 2015
Closed on
Mar 18, 2015
Sold by
Mcclintock Lori
Bought by
Mcclintock John
Seller's Agent
John Duerr
Coldwell Banker Evergreen
Buyer's Agent
Peter Henry
Networks Real Estate LLC
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
Mar 5, 2015
Closed on
Mar 16, 2015
Sold by
Northwest Surety Llc
Bought by
Roberts James L
Seller's Agent
John Duerr
Coldwell Banker Evergreen
Buyer's Agent
Peter Henry
Networks Real Estate LLC
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
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
Rkg Homes Llc -- None Listed On Document
Gunderson Randall D $302,719 First American Title
Mcclintock Rentals Llc -- None Available
Mcclintock John -- Thurston County Title
Mcclintock John $224,719 Thurston County Title
Roberts James L -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gunderson Randall D $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $303,000 +4.5% $157 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $289,900 +28.8% $150 / Sq Ft
03/20/2015 03/20/15 Sold $225,000 -1.7% $117 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $229,000 -- $119 / 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 $4,863 $513,800 $247,400 $266,400
2023 $4,863 $508,700 $206,200 $302,500
2022 $3,621 $394,400 $144,000 $250,400
2021 $3,915 $311,100 $109,000 $202,100
2020 $3,508 $313,400 $91,200 $222,200
2019 $2,889 $291,700 $110,800 $180,900
2018 $3,620 $269,600 $103,200 $166,400
2017 $2,942 $230,750 $73,350 $157,400
2016 -- $202,850 $71,850 $131,000
2014 -- $220,150 $78,650 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1163442

Northwest Multiple Listing Service (NWMLS)

APN: 65200100700