NOT LISTED FOR SALE

1411 Hensley St NE Unit A & B Olympia, WA 98516

Tanglewilde Neighborhood

Estimated Value: $498,000 - $602,000

4 Beds
3 Baths
2,572 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $279,950 $109 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,187/month

59 Days on Market

Highlights

  • Patio
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of November 2017

GREAT INVESTMENT OPPORTUNITY!! Tenants just renewed in July for 1 year, 3 years with same great tenants. Each unit has 2 bdrms, 1.5 bath, large fenced yards with patios, 1286 sq. ft. and loads of parking in addition to more than ample 2 spaces per unit. Each unit has refrigerator, dishwasher and stove/range with W/D hookups on main level. If looking for a great investment property, this is the one!!

Leonard Hunt

Better Properties Real Estate License #88680 Listed on: 08/15/2017

Better Properties Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1178719

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1978

Lot Details

  • 7,098 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,572 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Thompson Place Condos
  • Thompson Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 79550009700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,718

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Thompson Place
  • New Construction: No
  • CalculatedSquareFootage: 2572
  • Special Features: None
  • Cumulative Days on Market: 304

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 2334

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 79550009700
  • Lot Size Acres: 0.1629
  • Lot Size Sq Ft: 7098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Thurston County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2050

Multi Family

  • Gross Scheduled Income: 24600
  • Net Operating Income: 15879
  • Number Of Units Total: 2
  • Insurance Expense: 926
  • Leasable Area: 2572
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2022
Sold by
Piteo-Tarpy Mark
Bought by
Rindle Holdings Inc
Total Days on Market
59
Current Estimated Value
$526,841

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 22, 2017
Sold by
Antonia Nicoletta Anita and Piteo Tarpy Mark
Bought by
Piteo Tarpy Mark
Buyer's Agent
Leonard Hunt
Better Properties Real Estate
List Price
$284,950
Sold Price
$279,950
Premium/Discount to List
-$5,000
-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
8.87%
Original Mortgage
$209,962
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2017
Closed on
Oct 20, 2017
Sold by
Grandy Michael P
Bought by
Tarpy Mark
Buyer's Agent
Leonard Hunt
Better Properties Real Estate
List Price
$284,950
Sold Price
$279,950
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,962
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2016
Sold by
Cullen John P and Cullen Patricia A
Bought by
Grandy Michael P and M Grandy Cpa Solo 401K Trust

Purchase Details

Closed on
Oct 14, 2005
Sold by
Sharp & Sharp Holdings Llc
Bought by
Cullen John P and Cullen Patricia A

Purchase Details

Closed on
Mar 18, 2005
Sold by
Sharp Philip N T and Sharp Gayle L
Bought by
Sharp & Sharp Holdings Llc

Purchase Details

Closed on
Apr 26, 2004
Sold by
Taylor Marie K
Bought by
Sharp Nugent M and Sharp Philip N T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 1997
Sold by
Taylor Robert
Bought by
Taylor Marie K

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
Rindle Holdings Inc -- --
Piteo Tarpy Mark -- Chicago Title Company Of Wa
Tarpy Mark $279,669 Chicago Title
Grandy Michael P $214,719 Chicago Title Company
Cullen John P -- Stewart Title Of Webster
Sharp & Sharp Holdings Llc -- Stewart Title Of Wester
Sharp Nugent M $160,000 Stewart Title Of Wester
Taylor Marie K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piteo Tarpy Mark $212,500
Previous Owner Piteo Tarpy Mark $209,962
Previous Owner Sharp Nugent M $128,000
Closed Sharp Nugent M $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $279,950 -1.8% $109 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $284,950 -- $111 / 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 $4,696 $483,400 $242,500 $240,900
2023 $4,696 $469,900 $213,900 $256,000
2022 $3,376 $381,300 $172,600 $208,700
2021 $3,541 $272,200 $100,800 $171,400
2020 $3,137 $267,400 $82,400 $185,000
2019 $2,681 $242,200 $91,300 $150,900
2018 $3,474 $241,800 $87,400 $154,400
2017 $2,730 $196,000 $34,900 $161,100
2016 $2,444 $196,350 $49,150 $147,200
2014 -- $171,750 $49,150 $122,600
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1178719

Northwest Multiple Listing Service (NWMLS)

APN: 79550009700