Listed by Bentley Properties, Bought with Morrison House Sotheby's Intl
NOT LISTED FOR SALE

Estimated Value: $505,000 - $567,000

4 Beds
2 Baths
1,656 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $180,000 $109 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $3,125/month

286 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Disabled Access
  • Reeves Middle School Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of March 2014

Bank owned duplex with one unit updated. Property sold as-is with one tenant lease. One unit has a garage and the other a carport, gas fireplace, 2 bedrooms and 1.5 bathrooms, large rooms, plenty of storage, W/D hookups. Large yards, fenced backyards and quiet neighborhood.

Last Agent to Sell the Property

George Moorhead

Bentley Properties License #2390 Listed on: 05/03/2013

Bentley Properties

Last Buyer's Agent

Courtney Drennon

Morrison House Sotheby's Intl License #74829

Morrison House Sotheby's Intl

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 482066

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Utilities

  • Septic Tank
  • Septic System

Additional Features

  • Disabled Access
  • Patio

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09440067000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,558

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Accessibility Features: Other
  • Year Built: 1970
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1656
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • WaterCompany: Olympia
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 09440067000
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Disabled Access,Fenced-Partially,Gas Available,Patio,RV Parking
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2558

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1656
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Mar 24, 2014
Sold by
Oualstar Credit Union
Bought by
Pruett Brian R
Seller's Agent
George Moorhead
Bentley Properties
Buyer's Agent
Courtney Drennon
Morrison House Sotheby's Intl
List Price
$220,000
Sold Price
$180,000
Premium/Discount to List
-$40,000
-18.18%
Current Estimated Value
$526,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,000
Avg. Annual Appreciation
8.81%
Original Mortgage
$144,000
Outstanding Balance
$110,970
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$362,697

Purchase Details

Closed on
Nov 13, 2012
Sold by
Brown Kent and Brown Kent E
Bought by
Qualstar Credit Union

Purchase Details

Closed on
Oct 26, 2002
Sold by
Brown Eva L and Brown Clarence E
Bought by
Brown Kent

Purchase Details

Closed on
Oct 9, 2002
Sold by
Okeefe Michael Shawn and Okeefe Larrel Ann
Bought by
Brown Clarence E and Brown Eva L

Purchase Details

Closed on
May 13, 1999
Sold by
Brown Clarence E and Brown Eva L
Bought by
Okeefe Michael and Okeefe Larrel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8%
Source: Public Records

Range of Values:

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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
Pruett Brian R $180,000 First American Title
Qualstar Credit Union -- Nextitle
Brown Kent -- --
Brown Clarence E -- --
Okeefe Michael $105,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruett Brian R $144,000
Previous Owner Brown Kent $272,750
Previous Owner Brown Kent E $52,000
Previous Owner Brown Kent E $26,000
Previous Owner Brown Kent E $207,200
Previous Owner Brown Kent $45,000
Previous Owner Brown Kent E $140,099
Previous Owner Brown Kent E $135,000
Previous Owner Brown Kent $70,500
Previous Owner Okeefe Michael $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $180,000 -18.2% $109 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
05/03/2013 05/03/13 For Sale $220,000 -- $133 / 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 $3,366 $443,400 $271,600 $171,800
2023 $3,366 $313,300 $171,300 $142,000
2022 $2,948 $285,600 $138,200 $147,400
2021 $3,384 $242,500 $108,600 $133,900
2020 $2,975 $258,800 $106,400 $152,400
2019 $2,549 $220,900 $112,300 $108,600
2018 $2,801 $202,100 $95,500 $106,600
2017 $2,369 $175,600 $64,200 $111,400
2016 $2,181 $172,100 $85,300 $86,800
2014 -- $156,800 $90,000 $66,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 482066

Northwest Multiple Listing Service (NWMLS)

APN: 09440067000