Listed by MLS4owners.com, Bought with Riley Jackson Real Estate Inc.
NOT LISTED FOR SALE

1717 Water St SW Unit 1721 Olympia, WA 98501

South Capitol Neighborhood

Estimated Value: $776,000 - $1,242,665

6 Beds
3 Baths
5,017 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $619,000 $123 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,757/month

11 Days on Market

Highlights

  • 0.3 Acre Lot
  • Deck
  • Views
  • Lincoln Elementary School Rated A-
  • Thermal Windows
  • 5-minute walk to Winged Victory Monument

About This Home

As of August 2016

Unbeatable S. Capitol Historic District, 3 blocks from Capitol means never a vacancy. Tenants pay utilities. Huge 3 br/3 bath units w/ walk-in closets, formal dining rm/den/office, kitchen nook, abundant storage, finished half-basement, detached 2-car garage, beautiful landscaping w/ back yard deck, updated siding/windows. View of Capitol Dome from 1717. 1721 subject to long term lease, 1717 vacant w/ room to grow rent after long term tenant moved 4/1 or owner occupy.

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 06/15/2016

Last Buyer's Agent

Kathryn Franzen

Riley Jackson Real Estate Inc. License #25906

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 961014

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,320

Year Built

  • Built in 1967

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 5,017 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Radiator
  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38600200500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,320

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5017
  • Special Features: None
  • Cumulative Days on Market: 349

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Radiator, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage,Thermal Windows

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • View: See Remarks
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Olympia
  • WaterCompany: Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 38600200500
  • Lot Size Acres: 0.2984
  • Lot Size Sq Ft: 13000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Seller
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3675

Multi Family

  • Gross Scheduled Income: 43325
  • Net Operating Income: 36184
  • Number Of Units Total: 2
  • Insurance Expense: 932
  • Leasable Area: 5545
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 5320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Rumley Mary Jane
Bought by
5 Pack Llc
Current Estimated Value
$1,065,257

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jul 28, 2016
Sold by
Winant Anais and Sidran Mark H
Bought by
Rumley Mary Jane
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Kathryn Franzen
Riley Jackson Real Estate Inc.
List Price
$619,000
Sold Price
$619,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Feb 3, 2006
Sold by
Bogard Rebecca L
Bought by
Sidran Mark H and Winant Anais

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
5.52%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
5 Pack Llc -- None Listed On Document
Rumley Mary Jane $611,719 Thurston County Title
Sidran Mark H $498,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winant Anais $335,016
Previous Owner Sidran Mark H $398,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $619,000 0.0% $123 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $619,000 -- $123 / 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 $10,493 $1,055,300 $271,600 $783,700
2023 $10,493 $1,004,100 $260,300 $743,800
2022 $10,155 $1,031,900 $332,300 $699,600
2021 $11,355 $850,700 $287,600 $563,100
2020 $9,854 $880,400 $135,800 $744,600
2019 $8,763 $745,300 $211,200 $534,100
2018 $8,794 $653,200 $147,100 $506,100
2017 $7,592 $608,300 $123,100 $485,200
2016 $5,320 $480,500 $133,100 $347,400
2014 -- $425,700 $140,500 $285,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 961014

Northwest Multiple Listing Service (NWMLS)

APN: 38600200500