Listed by NextHome Northwest Group, Bought with Tag Team Realty
NOT LISTED FOR SALE

Estimated Value: $667,000 - $848,495

4 Beds
3 Baths
2,806 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $374,000 $133 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,694/month

62 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Partially Fenced Property
  • Lincoln Elementary School Rated A-
  • Patio
  • 4-minute walk to Stevens Field

About This Home

As of June 2015

Location, Location, Location. Beautiful, “One of a Kind” Vintage 1937 Duplex in the Heart of the Capitol District. Ambiance of Yesteryear includes hardwood floors and brick fireplaces. Both units have their own semi finished basement, not included in square footage. Great useable space for storage or workshop.This home is not a conversion but was custom built as a duplex. Home sits on a an large corner lot providing privacy for the tenants. Garage includes a finished storage area that is heated.

Last Agent to Sell the Property

Patricia Casteels

NextHome Northwest Group License #6357 Listed on: 02/14/2015

NextHome Northwest Group

Last Buyer's Agent

Brad Hargrave

Tag Team Realty License #24008705

Tag Team Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 739919

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1937

Lot Details

  • 3,552 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,806 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Capital Campus Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38500600100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,518

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1937
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2806
  • Special Features: None
  • Cumulative Days on Market: 390

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Double Wall,Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: PSE
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 38500600100
  • Lot Size Acres: 0.0815
  • Lot Size: 3552
  • Lot Size Sq Ft: 3552
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio,Sprinkler System
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Double Wall
  • Power Production Type: Natural Gas

Rental Info

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

Multi Family

  • Gross Scheduled Income: 29280
  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Leasable Area: 2806
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2518

MLS Schools

  • Elementary School: LincolnElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2015
Closed on
Jun 2, 2015
Sold by
2003 Chambers Family Llc
Bought by
Swalling Craig and Swalling Sheila
Seller's Agent
Patricia Casteels
NextHome Northwest Group
Buyer's Agent
Brad Hargrave
Tag Team Realty
List Price
$389,900
Sold Price
$374,000
Premium/Discount to List
-$15,900
-4.08%
Current Estimated Value
$757,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,357
Avg. Annual Appreciation
7.20%
Original Mortgage
$277,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Chambers Bette J
Bought by
Chambers Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,456
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 18, 2003
Sold by
Chambers Bette J
Bought by
Chambers Family Llc

Purchase Details

Closed on
May 29, 2001
Sold by
Chambers Bette J
Bought by
Bette J Chambers Family Trust

Purchase Details

Closed on
Feb 2, 2001
Sold by
Wertz Michael R and Martin Gerald K
Bought by
Chambers Bette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.08%

Purchase Details

Closed on
May 12, 2000
Sold by
Cheesman Kathryn E and Wertz Kathryn Kearns
Bought by
Wertz Michael R and Martin Gerald K
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
Swalling Craig $373,719 Thurston County Title
Chambers Family Llc -- First American Title
Chambers Bette J -- First American Title
Chambers Family Llc -- --
Bette J Chambers Family Trust -- --
Chambers Bette J $225,000 Thurston County Title Co
Wertz Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swalling Craig E $259,500
Closed Swalling Craig $277,500
Previous Owner Chambers Bette J $194,456
Previous Owner Chambers Bette J $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $374,000 -4.1% $133 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
02/14/2015 02/14/15 For Sale $389,900 -- $139 / 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 $6,559 $703,000 $271,600 $431,400
2023 $6,559 $627,300 $167,500 $459,800
2022 $5,506 $600,400 $184,800 $415,600
2021 $6,474 $460,900 $119,100 $341,800
2020 $5,113 $501,700 $114,100 $387,600
2019 $6,337 $386,400 $107,300 $279,100
2018 $4,859 $360,800 $95,100 $265,700
2017 $3,903 $312,400 $49,200 $263,200
2016 -- $260,950 $76,150 $184,800
2014 -- $201,250 $80,350 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 739919

Northwest Multiple Listing Service (NWMLS)

APN: 38500600100