Listed by Van Dorm Realty, Inc, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

Estimated Value: $478,000 - $543,000

4 Beds
2 Baths
1,984 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $335,000 $169 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,060/month

12 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Wood Siding
  • Michael T. Simmons Elementary School Rated A-
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of August 2020

Great investment duplex in Tumwater. Close to I-5, city services, restaurants, Costco & Fred Meyer. Easy to rent and always rented. Long term tenant in unit B. Current rents are below market value.

Last Agent to Sell the Property

Kent Stottlemyre

Van Dorm Realty, Inc License #34744 Listed on: 07/01/2020

Van Dorm Realty, Inc

Last Buyer's Agent

Dave Carney

Abbey Realty Inc License #114253

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1624003

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in average condition

Home Design

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

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Michael T Simmons El Elementary School
  • Tumwater Mid Middle School
  • A G West Black Hills High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 72720000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,077

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1984
  • Special Features: None
  • Cumulative Days on Market: 358

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 2678

Schools

  • Junior High Dist: Tumwater
  • High School: A G West Black Hills
  • Middle Or Junior School: Tumwater Mid

Lot Info

  • Parcel Number: 72720000100
  • Lot Size Acres: 0.2587
  • Lot Size Sq Ft: 11267
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 15248
  • Number Of Units Total: 2
  • Insurance Expense: 597
  • Leasable Area: 1964
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3077

MLS Schools

  • Elementary School: Michael T Simmons El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 26, 2020
Sold by
Pearson William B and Pearson Charlette I
Bought by
Kochhar Jasmit Singh and Kochhar Molina Kaur
Seller's Agent
Kent Stottlemyre
Van Dorm Realty, Inc
Buyer's Agent
Dave Carney
Abbey Realty Inc
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$494,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,430
Avg. Annual Appreciation
7.54%
Original Mortgage
$251,250
Outstanding Balance
$225,484
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$255,554

Purchase Details

Listed on
Dec 17, 2014
Closed on
Feb 26, 2015
Sold by
Triad
Bought by
Pearson William B and Pearson Charlette I
Seller's Agent
Phil Harlan
Keller Williams South Sound
Buyer's Agent
Kent Stottlemyre
Van Dorm Realty, Inc
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$160,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Bernhardt Carole
Bought by
Bernhardt Keya J and Gilley Ramie H

Purchase Details

Closed on
May 3, 1996
Sold by
Dusbabek Violet M
Bought by
Triad
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kochhar Jasmit Singh $335,000 Chicago Title Company Of Wa
Pearson William B $199,719 Thurston County Title Co
Bernhardt Keya J -- None Available
Triad -- Transamerica Title Ins Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kochhar Jasmit Singh $251,250
Previous Owner Pearson William B $160,000
Previous Owner Triad $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $335,000 -4.3% $169 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $349,900 +75.0% $176 / Sq Ft
03/10/2015 03/10/15 Sold $200,000 -4.7% $101 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $209,900 -- $106 / 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 $4,390 $485,900 $252,200 $233,700
2023 $4,390 $438,400 $229,700 $208,700
2022 $3,845 $424,300 $231,900 $192,400
2021 $3,545 $326,600 $171,600 $155,000
2020 $3,094 $276,100 $99,200 $176,900
2019 $3,077 $233,600 $122,600 $111,000
2018 $3,046 $235,900 $103,600 $132,300
2017 $2,674 $203,600 $75,100 $128,500
2016 $2,110 $181,000 $58,900 $122,100
2014 -- $154,650 $62,350 $92,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1624003

Northwest Multiple Listing Service (NWMLS)

APN: 72720000100