Listed by RE/MAX Advantage, Bought with Real Broker LLC
NOT LISTED FOR SALE
-- Bed
3 Baths
3,812 Sq Ft
10,800 Sq Ft Lot

Sale Details

Date Sold: March 3, 2022

Last sale price $641,500 $168 Per Sq Ft

26 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Reeves Middle School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of March 2022

This tri-plex, converted from a three level house built in 1929, has touches from the art deco era. Large covered front porch extends the entire front of the house. Main floor unit with 1,447 sq ft, has 2 bedrooms, 1 bath, living room, dining room, and kitchen with eating nook. The upper floor unit is 918 sq ft and has 1 bed, 1 bath, with open concept living/kitchen area. The downstairs unit is 1350 sq ft, 2 bed, 1 bath, large living area and kitchen. Shared washer/dryer on lower level. Tenants are month-to-month. No vacancies! 5.59% CAP rate. Popular Eastside walkable neighborhood with bus stop, grocery store, eateries, and bike store nearby. Close to I-5 and downtown. Great investment! Seller is licensed real estate broker in WA State.

Last Agent to Sell the Property

Kim Piper

RE/MAX Advantage License #21003415 Listed on: 12/28/2021

RE/MAX Advantage

Last Buyer's Agent

Charity Slawter

Real Broker LLC License #23006595

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1874369

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1929

Lot Details

  • 10,800 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,812 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Covered Spaces
  • Open Parking

Schools

  • Madison Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eastside Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47100100300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,570

Year Built

Built in 1929

Lot Details

10,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1929
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Triplex
  • CalculatedSquareFootage: 3812
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 1138

Schools

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

Lot Info

  • Parcel Number: 47100100300
  • Lot Size Acres: 0.2479
  • Lot Size Sq Ft: 10800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.11
  • LeasedItems: None
  • TotalMonthlyIncome: 4130

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5570

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1037
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Madison Elem

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Mar 2, 2022
Sold by
Bought by
Seller's Agent
Kim Piper
RE/MAX Advantage
Buyer's Agent
Charity Slawter
Real Broker LLC
List Price
$650,000
Sold Price
$641,500
Premium/Discount to List
-$8,500
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Outstanding Balance
$418,297
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.96%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eastside, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$641,180 First American Title
-- Fatco
-- Thurston County Title
-- None Available
$250,000 Transnation Title Insur
$43,500 First American Title
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $457,500
Previous Owner $162,000
Previous Owner $200,000
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $641,500 -1.3% $168 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $650,000 0.0% $171 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $650,000 -- $171 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,416 $745,200 $320,000 $425,200
2024 $5,416 $719,200 $310,400 $408,800
2023 $5,416 $517,800 $201,800 $316,000
2022 $5,861 $557,300 $230,600 $326,700
2021 $5,570 $490,600 $203,600 $287,000
2020 $5,173 $431,500 $108,100 $323,400
2019 $4,049 $390,900 $155,300 $235,600
2018 $4,333 $321,700 $105,700 $216,000
2017 $3,743 $299,500 $91,800 $207,700
2016 $2,165 $219,300 $74,100 $145,200
2014 -- $172,850 $78,250 $94,600
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1874369

Northwest Multiple Listing Service (NWMLS)

APN: 4710-01-00300

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