Listed by Virgil Adams Real Estate, Inc., Bought with RE/MAX Northwest
NOT LISTED FOR SALE

1313 1315 10th Ave SE Olympia, WA 98501

Eastside Neighborhood

Estimated Value: $492,000 - $616,000

4 Beds
2 Baths
2,310 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $476,000 $206 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,296/month

43 Days on Market

Highlights

  • Deck
  • No HOA
  • Partially Fenced Property
  • Reeves Middle School Rated A-
  • Baseboard Heating
  • Wood Siding

About This Home

As of June 2024

Great location and close to everywhere a tenant would want to be! These 2 BR 1.5 bath units feature 1155 sq. ft (per unit), fresh exterior paint, private backyards w/ low maintenance fencing with each unit having their own separated space. Deck w/beautiful brand-new cedar privacy panel. Newer carpet, pad, vinyl, and appliances in one unit. The other unit is the mirror image and offers newer appliances. Both units have brick fireplaces, sliding glass doors that leads onto the deck as well as eat-in kitchens. Good sized closets in bedrooms. Very functional layout. Carports with additional parking in driveway. Close to I-5. Walking distance to downtown, shops, restaurants, etc. Fantastic rental history. Tenant pays all utilities!

Last Agent to Sell the Property

Karen Thurston

Virgil Adams Real Estate, Inc. License #12636 Listed on: 04/24/2024

Last Buyer's Agent

Cindy Blyle

RE/MAX Northwest License #23983

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2228010

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1977

Lot Details

  • 7,750 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

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

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32700500008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2310
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 32700500008
  • Lot Size Acres: 0.1779
  • Lot Size Sq Ft: 7750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 18.01
  • LeasedItems: None
  • TotalMonthlyIncome: 2775

Multi Family

  • Gross Scheduled Income: 33300
  • Net Operating Income: 27705
  • Number Of Units Total: 2
  • Insurance Expense: 1700
  • Leasable Area: 2310
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3895

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 20, 2024
Sold by
Morrison Michelle C and Coffman-Whitney Michelle C
Bought by
Cary Raymond Owen
Seller's Agent
Karen Thurston
Virgil Adams Real Estate, Inc.
Buyer's Agent
Cindy Blyle
RE/MAX Northwest
List Price
$529,000
Sold Price
$476,000
Premium/Discount to List
-$53,000
-10.02%
Views
54
Current Estimated Value
$560,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,477
Avg. Annual Appreciation
4.14%

Purchase Details

Listed on
Jul 5, 2013
Closed on
Aug 6, 2013
Sold by
Beyer Karen S
Bought by
Morrison Michelle C
Seller's Agent
Paul Oczkewicz
Virgil Adams Real Estate, Inc.
Buyer's Agent
Karen Thurston
Virgil Adams Real Estate, Inc.
List Price
$219,900
Sold Price
$212,500
Premium/Discount to List
-$7,400
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$159,375
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2011
Sold by
Beyer Michael K
Bought by
Beyer Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,716
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Yunker Richard A and Yunker Barbara Brundage
Bought by
Beyer Michael K and Beyer Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.29%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cary Raymond Owen $476,000 Thurston County Title
Morrison Michelle C $212,500 Thurston County Title
Beyer Karen S -- First American Title
Beyer Michael K $185,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Michelle C $159,375
Previous Owner Beyer Karen S $148,716
Previous Owner Beyer Michael K $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $476,000 -4.8% $206 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $499,900 -2.7% $216 / Sq Ft
05/21/2024 05/21/24 Price Changed $514,000 -2.8% $223 / Sq Ft
04/24/2024 04/24/24 For Sale $529,000 +148.9% $229 / Sq Ft
08/16/2013 08/16/13 Sold $212,500 -3.4% $86 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $219,900 -- $89 / 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 $3,894 $499,700 $271,600 $228,100
2023 $3,894 $372,100 $172,100 $200,000
2022 $3,864 $391,300 $183,200 $208,100
2021 $4,070 $323,200 $140,500 $182,700
2020 $3,961 $315,100 $106,500 $208,600
2019 $3,391 $299,200 $147,700 $151,500
2018 $3,487 $258,800 $112,900 $145,900
2017 $2,896 $231,550 $77,350 $154,200
2016 $2,535 $218,100 $106,000 $112,100
2014 -- $202,550 $111,850 $90,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Karen Thurston

    Virgil Adams Real Estate, Inc.

    (360) 789-1015

    1 in this area

    47 Total Sales

    Karen Thurston
    Section Image
  • Cindy Blyle

    Buyer's Agent in 2024

    Cindy Blyle

    RE/MAX Professionals

    (360) 888-7253

    1 in this area

    88 Total Sales

    Cindy Blyle
    Section Image
  • Colton Blyle

    Buyer Co-Listing Agent in 2024

    Colton Blyle

    RE/MAX Professionals

    (360) 888-6006

    1 in this area

    106 Total Sales

    Colton Blyle
    Section Image
  • Paul Oczkewicz

    Seller's Agent in 2013

    Paul Oczkewicz

    Virgil Adams Real Estate, Inc.

    (360) 701-5278

    3 in this area

    213 Total Sales

    Paul Oczkewicz
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2228010

Northwest Multiple Listing Service (NWMLS)

APN: 32700500008

Washington Thurston County Olympia 98501 Eastside

1313 1315 10th Ave SE, Olympia, WA

This home is located at 1313 1315 10th Ave SE, Olympia, WA 98501 since 24 April 2024 and is currently estimated at $560,477, approximately $242 per square foot. This property was built in 1977. 1313 1315 10th Ave SE is a home located in Thurston County with nearby schools including Madison 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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