Listed by Virgil Adams Real Estate, Inc., Bought with NextHome Northwest Group
$802,000
SOLD JUL 31, 2024

13702 Littlerock Rd SW Unit 1-4 Rochester, WA 98579

8 Beds
-- Bath
3,536 Sq Ft
9.07 Acres

Recently Sold

$227 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Baseboard Heating
  • Secluded Lot
  • Open Space
  • Wood Siding

About This Home

As of July 2024

Rare investment opportunity that pencils! TWO 1-story duplexes on over 9 serene country acres, located just outside of Littlerock. Each unit has 884 SF, 2BR, 1BA, attached garage, all appliances, and wood fireplace. Excellent rents and exceptional rental history...just 1 unit turnover in past 6+ years. Beautiful setting of forest and pastureland, with the duplexes tucked away privately in the trees. One good shared well for all, and one septic system for each duplex...one septic tank is brand new! Additional 4-bay shop for units 3-4. Outstanding 7.1 Cap Rate includes a 3% vacancy rate, which hasn't happened. Tumwater schools.

Last Agent to Sell the Property

Patrick Thier

Virgil Adams Real Estate, Inc. License #16920

Last Buyer's Agent

Roberta Rudnick

NextHome Northwest Group License #31611

NextHome Northwest Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2250478

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,648

Year Built

  • Built in 1975

Lot Details

  • 9.07 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Secluded Lot
  • Property is in average condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,536 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Littlerock Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Baseboard Heating
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Littlerock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09760005000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,648

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3536
  • Special Features: None
  • Cumulative Days on Market: 251

Interior Features

  • Possible Use: Multi-Family, Residential
  • Possible Bedrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Open Space, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 09760005000
  • Lot Size Acres: 9.07
  • Lot Size Sq Ft: 395089
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 11.53
  • LeasedItems: None
  • TotalMonthlyIncome: 5600

Multi Family

  • Gross Scheduled Income: 67200
  • Net Operating Income: 54936
  • Number Of Units Total: 4
  • Electric Expense: 400
  • Insurance Expense: 2200
  • Leasable Area: 3536
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7648

MLS Schools

  • Elementary School: Littlerock Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 3, 2024
Sold by
Tri County Holding Llc
Bought by
Thiele Blake and Thiele Megan
Seller's Agent
Patrick Thier
Virgil Adams Real Estate, Inc.
Buyer's Agent
Roberta Rudnick
NextHome Northwest Group
List Price
$775,000
Sold Price
$802,000
Premium/Discount to List
$27,000
3.48%
Total Days on Market
5
Views
5
Current Estimated Value
$821,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,583
Avg. Annual Appreciation
2.64%
Original Mortgage
$601,500
Outstanding Balance
$598,421
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$219,804

Purchase Details

Closed on
Aug 2, 2018
Sold by
Turner Steven J and Turner Elisa M
Bought by
Tri County Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2001
Sold by
West Arlene C
Bought by
Turner Timothy M and Turner Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%

Map

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 Type Sale Price Title Company
Warranty Deed $802,000 Thurston County Title
Warranty Deed $474,719 First American Title Ins Co
Warranty Deed -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $601,500 New Conventional
Previous Owner $380,000 Commercial
Previous Owner $20,000 Credit Line Revolving
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $802,000 +3.5% $227 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $775,000 -- $219 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,648 $807,600 $261,900 $545,700
2023 $6,629 $721,800 $239,600 $482,200
2022 $6,621 $662,100 $177,900 $484,200
2021 $8,549 $520,500 $154,500 $366,000
2020 $8,149 $611,300 $178,900 $432,400
2019 $6,153 $561,700 $306,400 $255,300
2018 $5,637 $395,900 $134,400 $261,500
2017 $7,126 $488,350 $211,950 $276,400
2016 $4,567 $330,050 $96,350 $233,700
2014 -- $307,350 $114,750 $192,600
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2250478

Northwest Multiple Listing Service (NWMLS)

APN: 09760005000