Listed by Keller Williams South Sound, Bought with eXp Realty
NOT LISTED FOR SALE

1616 Evergreen Park Ln SW Unit 18 Olympia, WA 98502

Estimated Value: $582,000 - $729,000

5 Beds
4 Baths
3,034 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $650,000 $214 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,877/month

6 Days on Market

Highlights

  • Lake View
  • Deck
  • Patio
  • Jefferson Middle School Rated A
  • No HOA
  • High Speed Internet

About This Home

As of August 2022

Great opportunity, Duplex on Olympia's West side. Minutes from Capitol Lake, I-5, shopping, schools and medical. 3 bed, 2 bath on 1 side, with a 2 bed, 1 bath on the other. Covered parking. Bird's eye views of Capitol Lake. Secluded. Large deck off living room.

Last Agent to Sell the Property

Kevin Gordham

Keller Williams South Sound License #89722 Listed on: 06/21/2022

Keller Williams South Sound

Last Buyer's Agent

Juan Delgado

eXp Realty License #125790

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1955236

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,936

Year Built

  • Built in 1972

Lot Details

  • 0.42 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Property Views

  • Lake
  • City

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,034 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Parking

  • 4 Parking Spaces
  • 3 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46830002900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,936

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3034
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Concrete, Vinyl, Carpet
  • Interior Amenities: Forced Air, Concrete, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: City, Lake
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 46830002900
  • Lot Size Acres: 0.4225
  • Lot Size Sq Ft: 18402
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: assessor
  • ZoningClass: Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 24.97
  • LeasedItems: None
  • TotalMonthlyIncome: 26021

Multi Family

  • Gross Scheduled Income: 26021
  • Net Operating Income: 19868
  • Number Of Units Total: 2
  • Leasable Area: 3139
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 13, 2022
Sold by
Darr Scot R
Bought by
Berloui Azita and Jackman Brian
Seller's Agent
Kevin Gordham
Keller Williams South Sound
Buyer's Agent
Juan Delgado
eXp Realty
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$646,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,351
Avg. Annual Appreciation
-1.97%
Original Mortgage
$487,500
Outstanding Balance
$466,190
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$144,523

Purchase Details

Closed on
Jan 5, 2000
Sold by
Cutler Dorothy R
Bought by
Darr Russell E
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
Berloui Azita $650,000 Thurston County Title
Darr Russell E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berloui Azita $487,500
Closed Berloui Azita $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $650,000 0.0% $214 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $650,000 -- $214 / 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 $5,538 $560,700 $200,600 $360,100
2023 $5,538 $529,500 $169,700 $359,800
2022 $4,936 $530,200 $145,800 $384,400
2021 $4,774 $413,100 $122,300 $290,800
2020 $4,493 $369,700 $125,000 $244,700
2019 $5,266 $339,400 $96,900 $242,500
2018 $5,186 $385,100 $79,700 $305,400
2017 $4,417 $353,600 $90,400 $263,200
2016 $3,848 $326,950 $80,350 $246,600
2014 -- $307,750 $78,750 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1955236

Northwest Multiple Listing Service (NWMLS)

APN: 46830002900