Listed by Westlake Associates, Inc.
$3,800,000
SOLD MAR 12, 2025

1714 Evergreen Park Ct SW Olympia, WA 98502

36 Beds
23 Baths
17,575 Sq Ft
0.88 Acres

Recently Sold

$216 Per Sq Ft

10% Below List Price

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Vinyl Plank Flooring
  • Jefferson Middle School Rated A
  • Cul-De-Sac
  • Baseboard Heating

About This Home

As of March 2025

The Timbers West is a 22-unit garden-style multifamily community located in Olympia, Washington. The property consists of 4 separate buildings all built in 1972. The unit mix is (4) 1 bed/1 bath, (4) 1 bed/1 bath townhome style, (13) 2 bed/1 bath, and (1) 2 bed/1.5 bath townhome style unit. The interiors and exterior have been diligently maintained by the current ownership. The apartments are spacious in size, including large private decks, dishwashers, and some cathedral ceilings or 2-story layouts. The community provides private parking with 16 covered stalls. Timbers West is located on a quiet, park like setting in a premier Olympia location. Situated on a green belt that directly faces Capitol Lake with immediate access to Interstate 5.

Last Agent to Sell the Property

River Voorhees

Westlake Associates, Inc. License #111863 Listed on: 01/15/2025

Co-Listed By

Louis Voorhees

Westlake Associates, Inc. License #111646

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2322988

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,632

Year Built

  • Built in 1972

Lot Details

  • 0.88 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 17,575 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 23 Bathrooms

Parking

  • 26 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46830002600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,632

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1972
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 17575
  • Special Features: None
  • Cumulative Days on Market: 148

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 36
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 16
  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 26
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Available
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 28936

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 46830002600
  • Lot Size Acres: 0.881
  • Lot Size Sq Ft: 38376
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Thurston County
  • MLSSquareFootageSource: Thurston County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.49
  • LeasedItems: None
  • TotalMonthlyIncome: 30450

Multi Family

  • Gross Scheduled Income: 365400
  • Net Operating Income: 235512
  • Number Of Units Total: 22
  • Insurance Expense: 7500
  • Leasable Area: 17575
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 31632

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $3,800,000 -9.5% $216 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $4,200,000 +141.7% $239 / Sq Ft
06/17/2016 06/17/16 Sold $1,737,500 -9.7% $99 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $1,925,000 -- $110 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2322988

Northwest Multiple Listing Service (NWMLS)