Listed by Olympic Sotheby's Int'l Realty, Bought with Keller Williams South Sound
NOT LISTED FOR SALE

15219 Martinson Rd SE Yelm, WA 98597

Estimated Value: $374,734 - $542,000

4 Beds
2 Baths
1,336 Sq Ft
$322/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $300,000 $225 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,610/month

105 Days on Market

Highlights

  • Secluded Lot
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of April 2021

Great investment property on 4.805 Acers! Bring your ideas to this property, it has so much potential and room to roam! Current duplex offers metal roof with each unit having covered carport parking, additional outdoor storage space, mud room, 2 bedroom, one bath, large living room windows! Both units currently rented out and has been managed by a property management company. on Septic and Shared Well.

Last Agent to Sell the Property

Lauren Maguire

Olympic Sotheby's Int'l Realty License #117807 Listed on: 11/23/2020

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Kevin Gordham

Keller Williams South Sound License #89722

Keller Williams South Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1690698

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 1975

Lot Details

  • 4.81 Acre Lot
  • Secluded Lot
  • Value in Land
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,336 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Shared Well
  • Septic Tank
  • Septic System

Community Details

  • Rainier Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21613440301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,442

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1336
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Shared Well
  • WaterSewerGarbage: 110

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 21613440301
  • Lot Size Acres: 4.8054
  • Lot Size Sq Ft: 209322
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1790

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3442

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 15
  • Insurance Expense: 71
  • Leasable Area: 1376
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Apr 28, 2021
Sold by
Alvis Patty J and The Alvis Living Trust
Bought by
Power Robert and Power Angela
Seller's Agent
Lauren Maguire
Olympic Sotheby's Int'l Realty
Buyer's Agent
Kevin Gordham
Keller Williams South Sound
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$429,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,934
Avg. Annual Appreciation
8.04%
Original Mortgage
$300,000
Outstanding Balance
$275,512
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$146,657

Purchase Details

Closed on
Nov 10, 2009
Sold by
Alvis Bobby R and Alvis Bobby Ray
Bought by
Alvis Bobby R and Alvis Patty J
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
Power Robert $300,000 Thurston County Title Co
Alvis Bobby R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Power Robert $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $300,000 -4.8% $225 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/19/2021 02/19/21 Price Changed $315,000 -3.1% $236 / Sq Ft
02/18/2021 02/18/21 For Sale $325,000 0.0% $243 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $325,000 0.0% $243 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $325,000 -- $243 / 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 $3,967 $397,700 $194,000 $203,700
2023 $3,967 $404,900 $260,300 $144,600
2022 $3,329 $323,900 $177,700 $146,200
2021 $4,145 $298,100 $188,000 $110,100
2020 $3,442 $327,700 $180,100 $147,600
2019 $1,704 $263,200 $154,700 $108,500
2018 $2,361 $169,100 $84,200 $84,900
2017 $2,230 $164,450 $78,950 $85,500
2016 $1,876 $146,250 $62,650 $83,600
2014 -- $128,650 $67,150 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1690698

Northwest Multiple Listing Service (NWMLS)

APN: 21613440301