Listed by Redfin, Bought with Epique Realty
NOT LISTED FOR SALE

1424 Kimtah Ct NE Olympia, WA 98516

Meadows Neighborhood

Estimated Value: $611,000 - $634,000

4 Beds
2 Baths
2,280 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $600,000 $263 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,809/month

1 Day on Market

Highlights

  • RV Access or Parking
  • Cul-De-Sac
  • Vinyl Plank Flooring
  • Meadows Elementary School Rated A-
  • Patio
  • High Speed Internet

About This Home

As of March 2022

This is a very clean, well maintained duplex that is centrally located. Not only is it close to JBLM, I-5 and shopping, but it's on a cul-de-sac and each unit has a large back yard. There's garden space, plenty of off street parking, and both have an efficient, and attractive layout. Unit B has a converted garage for extra living space. Both units have a fireplace: one with a pellet stove insert. The kitchens overlook the spacious back yard with plenty of room for outdoor gatherings. All the appliances stay. Live in one side and rent the other--or rent both--there's no shortage of options for you here. PLEASE be respectful of the neighbors yards--park only on the pavement!

Last Agent to Sell the Property

Rachel Lieder Simeon

Redfin License #120076 Listed on: 02/09/2022

Redfin

Last Buyer's Agent

Marija Spasikova

Epique Realty License #20106960

Epique Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1886897

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Sprinkler System

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring

Parking

  • 10 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 78770008800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,231

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2280
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Pellet, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 50

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 11
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 78770008800
  • Lot Size Acres: 0.3372
  • Lot Size Sq Ft: 14689
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Realist- Buyer to Verify
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Pellet, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.02
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 42273
  • Number Of Units Total: 2
  • Electric Expense: 60
  • Insurance Expense: 1386
  • Leasable Area: 2952
  • EnergySource: Electric,Pellet,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4231.34

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 9, 2022
Sold by
Abkemeier Nathan E and Abkemeier Diana K
Bought by
Chima Nnamdi
Seller's Agent
Rachel Lieder Simeon
Redfin
Buyer's Agent
Marija Spasikova
Epique Realty
List Price
$529,000
Sold Price
$600,000
Premium/Discount to List
$71,000
13.42%
Current Estimated Value
$622,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,488
Avg. Annual Appreciation
1.02%
Original Mortgage
$431,250
Outstanding Balance
$402,927
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$219,561

Purchase Details

Closed on
Oct 20, 2015
Sold by
Abkemeier Nathan
Bought by
Abkemeier Nathan E and Abkemeier Diana K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,316
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Listed on
Aug 7, 2013
Closed on
Feb 26, 2014
Sold by
Vatne Daniel A and Vatne Sandra L
Bought by
Abkemeier Nathan
Buyer's Agent
Susan Short
eXp Realty
List Price
$259,900
Sold Price
$219,000
Premium/Discount to List
-$40,900
-15.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$223,708
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Feb 13, 1998
Sold by
Thompson Sandy and Thompson Sandra Lea
Bought by
Vatne Daniel A and Vatne Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
6.97%
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
Chima Nnamdi $599,719 New Title Company Name
Abkemeier Nathan E -- Chicago Title Company
Abkemeier Nathan $219,000 Thurston County Title
Vatne Daniel A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chima Nnamdi $431,250
Previous Owner Abkemeier Nathan E $260,316
Previous Owner Abkemeier Nathan $223,708
Previous Owner Vatne Daniel A $94,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $600,000 +13.4% $263 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $529,000 +141.6% $232 / Sq Ft
02/28/2014 02/28/14 Sold $219,000 -15.7% $96 / Sq Ft View Prior Sale
01/14/2014 01/14/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $259,900 -- $114 / 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 $6,084 $600,900 $242,500 $358,400
2023 $6,084 $621,700 $205,400 $416,300
2022 $4,231 $528,300 $187,200 $341,100
2021 $4,059 $350,500 $134,900 $215,600
2020 $3,887 $313,200 $83,800 $229,400
2019 $3,239 $308,600 $123,000 $185,600
2018 $3,779 $268,000 $94,200 $173,800
2017 $3,092 $226,800 $58,900 $167,900
2016 $2,729 $216,050 $60,250 $155,800
2014 -- $196,050 $60,250 $135,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rachel Lieder Simeon

    Redfin

    Section Image
  • Marija Spasikova

    Buyer's Agent in 2022

    Marija Spasikova

    Epique Realty

    (425) 529-4069

    1 in this area

    35 Total Sales

    Marija Spasikova
    Section Image
  • Susan Short

    Buyer's Agent in 2014

    Susan Short

    eXp Realty

    (253) 691-2478

    68 Total Sales

    Susan Short
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1886897

Northwest Multiple Listing Service (NWMLS)

APN: 78770008800

Washington Thurston County Olympia 98516 Meadows

1424 Kimtah Ct NE, Olympia, WA

This home is located at 1424 Kimtah Ct NE, Olympia, WA 98516 since 09 February 2022 and is currently estimated at $622,488, approximately $273 per square foot. This property was built in 1983. 1424 Kimtah Ct NE is a home located in Thurston County with nearby schools including Meadows 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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