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

Estimated Value: $745,000 - $808,393

4 Beds
3 Baths
2,742 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $415,000 $151 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,758/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Partially Fenced Property
  • Reeves Middle School Rated A-
  • Patio
  • 5-minute walk to Madison Scenic Park

About This Home

As of April 2017

Ultra cool urban duplex. Main 3 bedroom unit has 180° view stretching from Capitol Dome and downtown North to the Olympics. Spacious great room with wall of windows and city views. Solid oak floors, granite counters w/2 main floor bedrooms. Enormous 2nd story master suite and bath. Wrap around covered deck and private patio. Tandem garage with lots of storage. 2nd unit is 1 bedroom with private entrance and rents for $1070.

Last Agent to Sell the Property

Sterling Stock

Olympic Sotheby's Int'l Realty License #20207 Listed on: 03/29/2017

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Tommy Lowe

Olympic Sotheby's Int'l Realty License #97082

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1097141

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1939

Lot Details

  • 5,152 Sq Ft Lot
  • Lot Dimensions are 46 x 113
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,742 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Madison Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Natural Gas Connected
  • Private Water Source
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61000200700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,045

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1939
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2742
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 342

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • 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: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Reeves Mid

Lot Info

  • Parcel Number: 61000200700
  • Lot Size Acres: 0.1183
  • Lot Size: 46 x 113
  • Lot Size Sq Ft: 5152
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2970

Multi Family

  • Gross Scheduled Income: 2970
  • Number Of Units Total: 2
  • Leasable Area: 2742
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3045

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Apr 24, 2017
Sold by
Lemaster Donald
Bought by
1608 7Th Ave Llc
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Tommy Lowe
Olympic Sotheby's Int'l Realty
List Price
$419,900
Sold Price
$415,000
Premium/Discount to List
-$4,900
-1.17%
Current Estimated Value
$754,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,919

Purchase Details

Closed on
Oct 9, 2009
Sold by
Morand Leo J and Morand Carroll J
Bought by
Lemaster Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 28, 2009
Sold by
Wyatt Lemaster Kathleen S
Bought by
Lemaster Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 1998
Sold by
Mclees Carroll June and Morand Carroll J
Bought by
Morand Leo J and Morand Carroll J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.42%
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
1608 7Th Ave Llc $414,719 Stewart Title Of Western Wa
Lemaster Donald R $300,000 First American Title
Lemaster Donald R -- First American Title
Morand Leo J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemaster Donald R $239,407
Previous Owner Lemaster Donald R $242,500
Previous Owner Lemaster Donald R $177,000
Previous Owner Morand Leo J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $415,000 -1.2% $151 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $419,900 -- $153 / 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 $7,067 $797,100 $285,200 $511,900
2023 $7,067 $676,000 $229,600 $446,400
2022 $6,710 $696,500 $235,300 $461,200
2021 $7,096 $561,800 $164,300 $397,500
2020 $5,891 $549,900 $129,500 $420,400
2019 $5,262 $445,300 $147,600 $297,700
2018 $5,053 $375,200 $100,600 $274,600
2017 $3,045 $243,500 $59,000 $184,500
2016 $2,964 $223,550 $90,850 $132,700
2014 -- $236,900 $95,900 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1097141

Northwest Multiple Listing Service (NWMLS)

APN: 61000200700