NOT LISTED FOR SALE

16326 Birkland St SE Unit 16328 Yelm, WA 98597

Estimated Value: $545,116

6 Beds
4 Baths
1,638 Sq Ft
$333/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $330,000 $201 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,273/month

4 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Partially Fenced Property
  • Territorial View
  • Patio
  • Wall to Wall Carpet

About This Home

As of November 2019

Opportunity knocks on this single story duplex. With interest rates at a low for the year, now is the time to capitalize. Both units have washer/dryer connections, dishwashers, & private decks. Yelm is a growing rural city with its great access to JBLM & Tacoma. Hard to go wrong with property’s current 6% cap rate & tough to beat with another investment of this amount.

Last Listed By

Justin Hjelm

Olympic Sotheby's Int'l Realty License #102063 Listed on: 09/09/2019

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1516873

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 1998

Lot Details

  • 10,206 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Fort Stevens Elementary School
  • Yelm Mid Middle School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 69260001700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,114

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1998
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1638
  • Special Features: None
  • Cumulative Days on Market: 251

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Yelm
  • WaterCompany: City of Yelm
  • WaterSewerGarbage: 0

Fee Information

  • Annual Fuel Expense: 2580

Schools

  • Junior High Dist: Yelm
  • High School: Buyer To Verify
  • Middle Or Junior School: Yelm Mid

Lot Info

  • Parcel Number: 69260001700
  • Lot Size Acres: 0.2343
  • Lot Size Sq Ft: 10206
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2150

Multi Family

  • Gross Scheduled Income: 25800
  • Net Operating Income: 20206
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 1638
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2114

MLS Schools

  • Elementary School: Fort Stevens Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 10, 2019
Sold by
Stormans John C and Stormans Charli
Bought by
Cjcg Investments Llc
Seller's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
Buyer's Agent
John Stormans
Olympic Sotheby's Int'l Realty
List Price
$324,900
Sold Price
$330,000
Premium/Discount to List
$5,100
1.57%
Total Days on Market
4
Current Estimated Value
$545,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,116
Avg. Annual Appreciation
9.63%
Original Mortgage
$210,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 30, 2019
Sold by
Govednik Joseph M and The Joseph M Govednik 2006 Tru
Bought by
Stormans Gregory and Stormans Cristina
Seller's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
Buyer's Agent
John Stormans
Olympic Sotheby's Int'l Realty
List Price
$324,900
Sold Price
$330,000
Premium/Discount to List
$5,100
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 23, 2016
Sold by
Olguin Kenneth E and Olguin Melinda K
Bought by
Govednik Joseph M and Joseph M Govednik 2006 Trust
Seller's Agent
Cynthia Schmier
RE/MAX Country
Buyer's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%

Purchase Details

Closed on
Jun 11, 1997
Sold by
Ear Enterprises
Bought by
Olguin Kenneth E and Olguin Melinda K

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
Cjcg Investments Llc -- None Available
Stormans Gregory $330,000 Thurston County Title Co
Govednik Joseph M $184,522 Stewart Title Western Wa Inc
Olguin Kenneth E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cjcg Investments Llc $215,000
Closed Stormans Gregory $210,000
Previous Owner Olguin Kenneth E $172,500
Previous Owner Olguin Kenneth E $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $330,000 +1.6% $201 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $324,900 +51.1% $198 / Sq Ft
08/26/2016 08/26/16 Sold $215,000 -4.4% $131 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $225,000 -- $137 / 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 $3,009 $432,800 $194,000 $238,800
2023 $3,009 $308,000 $133,100 $174,900
2022 $2,796 $332,000 $139,000 $193,000
2021 $2,833 $253,700 $91,200 $162,500
2020 $2,785 $223,500 $73,100 $150,400
2019 $2,114 $214,700 $89,200 $125,500
2018 $2,736 $194,100 $52,300 $141,800
2017 $2,248 $173,650 $40,550 $133,100
2016 $2,227 $146,200 $53,400 $92,800
2014 -- $162,300 $53,400 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1516873

Northwest Multiple Listing Service (NWMLS)

APN: 69260001700