Listed by LPT Realty LLC, Bought with CrossRoads Realty
NOT LISTED FOR SALE

1327 Horne St NE Olympia, WA 98516

Tanglewilde Neighborhood

Estimated Value: $528,000 - $664,000

4 Beds
4 Baths
2,160 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $536,000 $248 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,528/month

9 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wood Siding

About This Home

As of October 2022

Beautiful duplex. Home is sound and has a brand new roof. One long term tenant and one newer tenant. Right across the street from the elementary school! Great location, close to JBLM, and the I-5 Corridor.

Last Agent to Sell the Property

Maggie Franco

LPT Realty LLC License #24132 Listed on: 09/30/2022

LPT Realty LLC

Co-Listed By

Austin Hellickson

LPT Realty LLC License #24023617

Last Buyer's Agent

Ben Smith

CrossRoads Realty License #120874

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2002400

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 1971

Lot Details

  • 9,363 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Central Air
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Hawks Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 79550000800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,353

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Central A/C
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 1380

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 79550000800
  • Lot Size Acres: 0.2149
  • Lot Size Sq Ft: 9363
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.2
  • LeasedItems: None
  • TotalMonthlyIncome: 3900

Multi Family

  • Gross Scheduled Income: 46800
  • Net Operating Income: 22670
  • Number Of Units Total: 2
  • Insurance Expense: 1396.08
  • Leasable Area: 2160
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3353

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 25, 2022
Sold by
Richmond Matthew
Bought by
Koechlein Alan and Choe Shaneile
Seller's Agent
Maggie Franco
LPT Realty LLC
Buyer's Agent
Ben Smith
CrossRoads Realty
List Price
$525,000
Sold Price
$536,000
Premium/Discount to List
$11,000
2.1%
Current Estimated Value
$592,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,333
Avg. Annual Appreciation
2.67%
Original Mortgage
$548,328
Outstanding Balance
$533,960
Interest Rate
6.92%
Mortgage Type
VA
Estimated Equity
$44,373

Purchase Details

Closed on
May 23, 2022
Sold by
Robert Richmond
Bought by
Richmond Matthew

Purchase Details

Closed on
Jun 12, 1997
Sold by
Cole Richard W
Bought by
Richmond Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,100
Interest Rate
7.98%
Mortgage Type
FHA
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
Koechlein Alan $536,000 Chicago Title
Richmond Matthew -- None Listed On Document
Richmond Robert G $141,250 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koechlein Alan $548,328
Previous Owner Richmond Robert G $81,000
Previous Owner Richmond Robert G $131,895
Previous Owner Richmond Robert G $93,000
Previous Owner Richmond Robert G $139,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $536,000 +2.1% $248 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $525,000 -- $243 / 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 $4,461 $470,800 $242,500 $228,300
2023 $4,461 $445,300 $205,700 $239,600
2022 $3,353 $369,900 $172,800 $197,100
2021 $3,389 $270,200 $109,200 $161,000
2020 $3,012 $255,200 $82,700 $172,500
2019 $2,566 $231,900 $90,500 $141,400
2018 $3,236 $224,300 $82,200 $142,100
2017 $2,493 $177,750 $38,350 $139,400
2016 $1,999 $178,450 $47,650 $130,800
2014 -- $138,150 $47,650 $90,500
Source: Public Records

Agents Affiliated with this Home

  • Maggie Franco

    Seller's Agent in 2022

    Maggie Franco

    LPT Realty LLC

    (253) 604-6000

    1 in this area

    194 Total Sales

    Maggie Franco
    Section Image
  • Austin Hellickson

    Seller Co-Listing Agent in 2022

    Austin Hellickson

    LPT Realty LLC

    (206) 940-0942

    1 in this area

    193 Total Sales

    Austin Hellickson
    Section Image

  • B

    Buyer's Agent in 2022

    Ben Smith

    CrossRoads Realty

    (253) 326-1185

    1 in this area

    13 Total Sales

    Ben Smith
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2002400

Northwest Multiple Listing Service (NWMLS)

APN: 79550000800

Washington Thurston County Olympia 98516 Tanglewilde

1327 Horne St NE, Olympia, WA

This home is located at 1327 Horne St NE, Olympia, WA 98516 since 30 September 2022 and is currently estimated at $592,333, approximately $274 per square foot. This property was built in 1971. 1327 Horne St NE is a home located in Thurston County with nearby schools including Olympic View Elementary School, Nisqually Middle School, and River Ridge 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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