Listed by NextHome Northwest Group, Bought with Prime Realty
NOT LISTED FOR SALE

1304 9th Ave SW Unit A & B Olympia, WA 98502

South Westside Neighborhood

Estimated Value: $529,000 - $555,000

2 Beds
2 Baths
1,684 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $434,000 $258 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,290/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Softwood Flooring
  • Patio
  • Thurgood Marshall Middle School Rated A-
  • Corner Lot
  • Wood Siding

About This Home

As of May 2021

Vintage Westside Duplex...Always rented. Units are vacant to make it easier to show. Freshly painted interior with new carpets in unit A. Unit B has oak & fir floors & fireplace w/insert. Some vinyl windows. Corner lot with loads of possibilities as zoning is R-4-8. The laundry area is centrally located between both units and shared between tenants. Last rents were $1450 per side per month...w/g/s was paid by tenants. Electric was charged to Unit B and A paid 40% of the bill. Last tenants were related so they worked out the electric bill. Convenient location, close to shopping, schools and & freeway access.
Foundation and electric issues, Cash, Conventional or Rehab loan.

Last Agent to Sell the Property

Roberta Rudnick

NextHome Northwest Group License #31611 Listed on: 04/14/2021

NextHome Northwest Group

Co-Listed By

Kimberly Rucker

NextHome Northwest Group License #33824

Last Buyer's Agent

James Doerfel

Prime Realty License #26431

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1756205

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1924

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Fixer Upper
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Hansen Elementary School
  • Marshall Middle School
  • Capital High School

Utilities

  • Cable TV Available

Community Details

  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38700201200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,970

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1924
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1684
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Softwood, Hardwood, Laminate, Carpet
  • Interior Amenities: Forced Air, Fir/Softwood, Hardwood, Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Post & Block, Slab
  • Property Condition: Fixer
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Electric, Wood
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Marshall Middle

Lot Info

  • Parcel Number: 38700201200
  • Lot Size Acres: 0.2686
  • Lot Size: 11,700
  • Lot Size Sq Ft: 11700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Wood

Rental Info

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

Multi Family

  • Gross Scheduled Income: 2900
  • Number Of Units Total: 2
  • Insurance Expense: 478
  • Leasable Area: 1684
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2970

MLS Schools

  • Elementary School: Hansen Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 13, 2021
Sold by
Newell Kimberly
Bought by
Newell Quint
Seller's Agent
Roberta Rudnick
NextHome Northwest Group
Buyer's Agent
James Doerfel
Prime Realty
List Price
$375,000
Sold Price
$434,000
Premium/Discount to List
$59,000
15.73%
Current Estimated Value
$542,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,974
Avg. Annual Appreciation
5.20%
Original Mortgage
$279,300
Outstanding Balance
$253,116
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$289,858

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 3, 2021
Sold by
Bazemore Sandra
Bought by
Bazemore Brandon
Seller's Agent
Roberta Rudnick
NextHome Northwest Group
Buyer's Agent
James Doerfel
Prime Realty
List Price
$375,000
Sold Price
$434,000
Premium/Discount to List
$59,000
15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Outstanding Balance
$253,116
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$289,858

Purchase Details

Closed on
Apr 7, 2004
Sold by
Gilsdorf Nicolle
Bought by
Gilsdorf Nicolle

Purchase Details

Closed on
Aug 26, 1999
Sold by
Gilsdorf Renee
Bought by
Gilsdorf Nicolle and Testamentary Trust Nicolle Gilsdorf
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
Newell Quint -- Thurston County Title Co
Bazemore Brandon -- Thurston County Title
Bazemore Brandon $434,000 Thurston County Title Co
Gilsdorf Nicolle -- --
Gilsdorf Nicolle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bazemore Brandon $279,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $434,000 +15.7% $258 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $375,000 -- $223 / 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 $4,929 $465,400 $271,600 $193,800
2023 $4,929 $471,200 $257,300 $213,900
2022 $4,134 $447,600 $257,100 $190,500
2021 $2,970 $345,800 $189,900 $155,900
2020 $3,153 $229,700 $106,400 $123,300
2019 $2,548 $238,000 $151,300 $86,700
2018 $2,591 $192,200 $106,400 $85,800
2017 $2,186 $174,650 $92,450 $82,200
2016 $1,610 $143,450 $73,550 $69,900
2014 -- $128,400 $82,500 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1756205

Northwest Multiple Listing Service (NWMLS)

APN: 38700201200