NOT LISTED FOR SALE

Estimated Value: $657,000 - $795,000

4 Beds
2 Baths
4,696 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $595,000 $127 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,575/month

12 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Cul-De-Sac
  • Thurgood Marshall Middle School Rated A-
  • Thermal Windows
  • Patio

About This Home

As of July 2021

Tremendous all brick exterior side by side duplex with level entry floor plans and large basements. This makes an excellent investment opportunity or an easy conversion to one big single family home with double 2 car garages attached. All rich hardwood floors. Commanding stone hearth wood burning fireplaces. Energy efficient natural gas powered radiant heat. Tankless hot water heaters. Giant like floor plans and each side has its own lower level basement for additional space to finish. Basements have gas fireplaces. The garages are huge. Oversized driveways for multiple cars. 1/3 acres lot with private backyard areas and beautiful greenery. Main unit has a gas cook tope range. Newer comp roof. Upgraded windows. Great neighborhood location.

Last Agent to Sell the Property

Steve & Meriam Knoblaugh

COMPASS License #25542 Listed on: 05/15/2021

COMPASS

Last Buyer's Agent

Jessica Liederbach

RE/MAX Advantage License #71251

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1774964

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,966

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Property is in very good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 4,696 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Wood Flooring
  • Territorial Views

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Radiator

Community Details

  • Capital View Condos
  • Olympia Subdivision

Listing and Financial Details

  • Tax Lot 8-10
  • Assessor Parcel Number 38700600800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,966

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Capital View
  • New Construction: No
  • CalculatedSquareFootage: 4696
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 272

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Radiator, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 38700600800
  • Lot Size Acres: 0.2789
  • Lot Size Sq Ft: 12150
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio,Shop
  • MLSLotSizeSource: county records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 8-10

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 22034
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 4696
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6966

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Marie Wootan Gail
Bought by
Wootan Gail Marie and Balder Matthew L
Total Days on Market
12
Current Estimated Value
$713,604

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 24, 2021
Sold by
Condon Linda M and Hoonan Richard James
Bought by
Wootan Gail Marie and Balder Matthew L
Seller's Agent
Steve & Meriam Knoblaugh
COMPASS
Buyer's Agent
Jessica Liederbach
RE/MAX Advantage
List Price
$549,950
Sold Price
$595,000
Premium/Discount to List
$45,050
8.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$464,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Condon Linda M
Bought by
Condon Linda M and Hoonan Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,300
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
The Hunter Revocable Living Trust
Bought by
Condon Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
5.97%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Wootan Gail Marie -- Cap City Law Ps
Wootan Gail Marie $595,000 Chicago Title
Condon Linda M -- None Available
Condon Linda M $282,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wootan Gail Marie $464,000
Previous Owner Condon Linda $35,000
Previous Owner Condon Linda M $268,300
Previous Owner Condon Linda M $289,345
Previous Owner Condon Linda M $225,600
Closed Condon Linda M $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $595,000 +8.2% $127 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $549,950 0.0% $117 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $549,950 -- $117 / 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 $6,964 $687,900 $271,600 $416,300
2023 $6,964 $666,100 $207,000 $459,100
2022 $5,952 $630,000 $208,400 $421,600
2021 $6,967 $498,300 $155,600 $342,700
2020 $6,124 $539,900 $106,300 $433,600
2019 $5,574 $462,900 $153,800 $309,100
2018 $5,446 $404,400 $106,900 $297,500
2017 $4,856 $388,850 $94,450 $294,400
2016 $3,366 $327,400 $74,200 $253,200
2014 -- $269,100 $83,300 $185,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1774964

Northwest Multiple Listing Service (NWMLS)

APN: 38700600800