Listed by NextHome Northwest Group, Bought with City Realty Inc.
NOT LISTED FOR SALE

1711 Capitol Way S Unit 12 Olympia, WA 98501

South Capitol Neighborhood

Estimated Value: $575,634 - $622,000

3 Beds
2 Baths
1,874 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $325,000 $173 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,632/month

6 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Wood Siding
  • Lincoln Elementary School Rated A-
  • High Speed Internet
  • 3-minute walk to Korean War Memorial

About This Home

As of March 2018

Charming craftsman in the sought after Capitol neighborhood. Great investment ! Rent both units or live in one and rent the other. Home retained the charm of yesteryear with beautiful original built-in cabinets and hardwood floors. Downstairs unit has two bedrooms and one full bathroom, upstairs unit has one bedroom one full bath. Bathroom has tiled surround tub. Great storage potential in basement 1200SF not included in square footage. One carport parking off the back alley.

Last Agent to Sell the Property

Patricia Casteels

NextHome Northwest Group License #6357 Listed on: 01/23/2018

NextHome Northwest Group

Last Buyer's Agent

Laura Vandersnick

City Realty Inc. License #112406

City Realty Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1235872

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1920

Lot Details

  • 3,550 Sq Ft Lot
  • Lot Dimensions are 103'x62'x81'x20'x22'x42'
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,874 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio

Schools

  • Lincolnelem Elementary School
  • Wash Mid Middle School
  • Olympia High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Capital Campus Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70800100300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,750

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1920
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1874
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia

Schools

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

Lot Info

  • Parcel Number: 70800100300
  • Lot Size Acres: 0.0815
  • Lot Size: 103'X62'X81'X20'X22'X42'
  • Lot Size Sq Ft: 3550
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2750

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: LincolnElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 2, 2018
Sold by
Hopkins Yvette C
Bought by
Manijak Philip W
Seller's Agent
Patricia Casteels
NextHome Northwest Group
Buyer's Agent
Laura Vandersnick
City Realty Inc.
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$601,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,159
Avg. Annual Appreciation
8.22%
Original Mortgage
$276,250
Outstanding Balance
$235,420
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$365,739

Purchase Details

Closed on
Aug 10, 2001
Sold by
Phillips Robert W and Phillips Hazel I
Bought by
Hopkins Yvette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,250
Interest Rate
7.19%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 1998
Sold by
Bergt Carol
Bought by
Phillips Robert W and Phillips Hazel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manijak Philip W $324,719 Thurston County Title Co
Hopkins Yvette C $188,500 Chicago Title Insurance Comp
Phillips Robert W -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manijak Philip W $276,250
Previous Owner Hopkins Yvette C $192,250
Previous Owner Phillips Robert W $108,000
Closed Phillips Robert W $59,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2018 03/09/18 Sold $325,000 0.0% $173 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $325,000 -- $173 / 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 $5,679 $619,000 $271,600 $347,400
2023 $5,679 $543,000 $167,400 $375,600
2022 $4,685 $523,100 $184,700 $338,400
2021 $5,264 $392,000 $119,000 $273,000
2020 $4,215 $407,800 $114,100 $293,700
2019 $3,760 $318,400 $107,300 $211,100
2018 $3,520 $261,300 $95,000 $166,300
2017 $2,749 $219,750 $49,150 $170,600
2016 $1,991 $174,150 $53,250 $120,900
2014 -- $158,900 $56,200 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1235872

Northwest Multiple Listing Service (NWMLS)

APN: 70800100300