Seller's Agent in 2022
Wesley Neal
Abbey Realty Inc
(360) 402-8130
33 Total Sales
Listed by Abbey Realty Inc, Bought with Windermere Mercer Island
1517 Lilly Rd NE Olympia, WA 98506
Estimated Value: $610,000 - $699,000
4
Beds
4
Baths
1,924
Sq Ft
$346/Sq Ft
Est. Value
Highlights
- Barn
- RV Access or Parking
- Thermal Windows
- Rooftop Deck
- No HOA
- Patio
About This Home
As of May 2022Truly a rare and unique find, especially in today's market! This incredible property boasts a 3 bedroom, 2.5 bath home w/a huge kitchen, a main floor master suite, a detached 3 car garage w/a full apartment above, and the potential for an office (3/4 bath in) or ??? down below. Plus, yes, there is an amazing 60x36 5-bay shop (32*16 is covered RV w/open sides) w/4-12' doors, 12x12 enclosed awning, and a bathroom. The property is zoned 4-8 which means that it has the potential to have 4-8 units. Sewer is coming up Lilly so there is so much upside to this investment opportunity! The home, the 3-car garage, and the 5-bay Shop are all individually metered.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1907816
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,419
Year Built
- Built in 1936
Lot Details
- 1.09 Acre Lot
- Property is Fully Fenced
- Property is in average condition
Home Design
- Duplex
- Flat Roof Shape
- Block Foundation
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 1,924 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 21 Parking Spaces
- 7 Covered Spaces
- Open Parking
- RV Access or Parking
Outdoor Features
- Rooftop Deck
- Patio
- Outbuilding
Schools
- South Bay Elementary School
- Chinook Mid Middle School
- North Thurston High School
Farming
- Barn
Utilities
- Well
- Septic Tank
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
- Eastside Olympia Subdivision
Listing and Financial Details
- Assessor Parcel Number 11807111200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 25, 2017
Sold by
Mckee David D and Mckee Karin M
Bought by
Mckee David D and Mckee Karin M
Current Estimated Value
Purchase Details
Closed on
Jul 19, 2007
Sold by
Finney Rickey Lee and Backman Charles Dale
Bought by
Mckee David D and Mckee Karin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$167,596
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$498,064
Purchase Details
Closed on
Jan 17, 2007
Sold by
Thorp Marilyn June
Bought by
The June Thorp/Backman Irrevocable Trust
Purchase Details
Closed on
Apr 9, 2003
Sold by
Backman Al
Bought by
Backman Al and Thorp June
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckee David D | -- | None Available | |
| Mckee David D | $335,000 | Stewart Title Western Wa Inc | |
| The June Thorp/Backman Irrevocable Trust | -- | None Available | |
| Backman Al | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckee David D | $268,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $680,000 | +2.5% | $353 / Sq Ft |
| 04/03/2022 04/03/22 | Pending | -- | -- | -- |
| 03/28/2022 03/28/22 | For Sale | $663,620 | -- | $345 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $5,873 | $611,700 | $207,900 | $403,800 |
| 2023 | $5,873 | $597,500 | $207,600 | $389,900 |
| 2022 | $5,921 | $583,000 | $153,900 | $429,100 |
| 2021 | $5,419 | $487,200 | $153,300 | $333,900 |
| 2020 | $5,308 | $416,800 | $127,500 | $289,300 |
| 2019 | $4,608 | $419,100 | $116,300 | $302,800 |
| 2018 | $5,107 | $364,900 | $93,900 | $271,000 |
| 2017 | $4,433 | $342,750 | $93,450 | $249,300 |
| 2016 | $3,804 | $315,950 | $85,250 | $230,700 |
| 2014 | -- | $297,000 | $86,100 | $210,900 |
Source: Public Records
Agents Affiliated with this Home
-
Wesley Neal
-
Brooke Davis
Buyer's Agent in 2022
Brooke Davis
Windermere Corporate
(206) 851-0521
259 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1907816
APN: 11807111200
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Based on information submitted to the MLS GRID
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