Listed by Olympic Sotheby's Int'l Realty, Bought with eXp Realty
$685,000
SOLD AUG 8, 2025

1414 1412 Notter Ln SE Lacey, WA 98503

Central Lacey Neighborhood
-- Bed
-- Bath
2,611 Sq Ft
6,138 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

2% Below List Price

Highlights

  • No HOA
  • Property is Fully Fenced
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

Incredible first time homebuyer opportunity, live in one side and rent out the other! A perfect solution to rising ownership costs. High quality & supremely well-maintained duplex in convenient Lacey location! These 1300+/- sqft 2 bed, 1.5 bath units have great open floor plans and include their own furnace and AC units, one car garage, private back yard, & more. New vinyl flooring on the occupied unit and carpet in vacant unit. Upside potential in rents allow for steady cash flow for an investor, or supplemental income for an owner occupant. Easy access to I-5 for north and southbound travel. Investment properties of this caliber rarely come to market & are always in high demand. This is a great opportunity that you will not want to miss!

Last Agent to Sell the Property

John Stormans

Olympic Sotheby's Int'l Realty License #130340 Listed on: 04/17/2025

Olympic Sotheby's Int'l Realty

Co-Listed By

Kyle Kanda

Olympic Sotheby's Int'l Realty License #21001593

Last Buyer's Agent

Patrick Clark

eXp Realty License #124852

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2361184

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,907

Year Built

  • Built in 1996

Lot Details

  • 6,138 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,611 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Private Water Source

Community Details

  • No Home Owners Association
  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 65600200602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,907

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1996
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2611
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, 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
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • 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: Sewer Connected
  • Water Source: Private
  • Security: Fully Fenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 65600200602
  • Lot Size Acres: 0.1409
  • Lot Size Sq Ft: 6138
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1975

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5907

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2611
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Jul 24, 2025
Sold by
Brezicha Timothy H and Brezicha Donna E
Bought by
Ajlm Properties Llc
Seller's Agent
John Stormans
Olympic Sotheby's Int'l Realty
Buyer's Agent
Patrick Clark
eXp Realty
List Price
$700,000
Sold Price
$685,000
Premium/Discount to List
-$15,000
-2.14%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-39.81%
Original Mortgage
$435,000
Outstanding Balance
$435,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$212,799

Purchase Details

Closed on
Aug 6, 2020
Sold by
Brezicha Andrew Harold and Estate Of Phyllis I Burney
Bought by
Brezicha Timothy H and Brezicha Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $685,000 Thurston County Title
Warranty Deed $400,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $171,500 New Conventional
Previous Owner $114,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $685,000 -2.1% $262 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $700,000 -- $268 / 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 $5,907 $563,200 $247,400 $315,800
2023 $5,907 $618,100 $257,700 $360,400
2022 $4,210 $502,100 $206,600 $295,500
2021 $4,448 $361,800 $119,200 $242,600
2020 $3,713 $356,200 $87,700 $268,500
2019 $3,213 $308,800 $91,800 $217,000
2018 $3,860 $287,500 $88,300 $199,200
2017 $2,936 $230,350 $35,650 $194,700
2016 $3,245 $213,000 $50,600 $162,400
2014 -- $248,300 $55,400 $192,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2361184

Northwest Multiple Listing Service (NWMLS)

APN: 65600200602