Listed by Heaton Dainard, LLC, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $534,000 - $670,000

6 Beds
2 Baths
1,990 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 04, 2019

Last sale price $280,000 $141 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,722/month

105 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 1-Story Property
  • Pioneer Elementary School Rated A

About This Home

As of February 2019

Location! Location! Investment opportunity!! Duplex for sale in a highly desirable area surrounded by well maintained and established homes. Tons of potential with this large floor plan. This is an investors dream with this property being the eye sore of the neighborhood. Close to shopping, freeway and just a few minutes from downtown Olympia and the Capitol. $1500/unit rental rates in this area. This property needs your HGTV vision to make it shine again and bring you a great monthly income.

Last Agent to Sell the Property

Anthony Rodriguez

Heaton Dainard, LLC License #131889 Listed on: 10/03/2018

Heaton Dainard, LLC

Last Buyer's Agent

Vicky Marchenko

John L. Scott, Inc. License #118848

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1370626

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,360

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Fixer Upper
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Natural Gas Connected

Community Details

  • Carlyon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 49200000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,360

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1990
  • Special Features: None
  • Cumulative Days on Market: 377

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 49200000700
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2360

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1090
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Marchenko Timothy
Bought by
Marchenko Timothy and Marchenko Victoriya
Current Estimated Value
$602,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2018
Closed on
Jan 30, 2019
Sold by
Skinner Rory D and Skinner Rosemarie R
Bought by
Nwig Llc
Seller's Agent
Anthony Rodriguez
Heaton Dainard, LLC
Buyer's Agent
Vicky Marchenko
John L. Scott, Inc.
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$252,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2006
Sold by
Bidwell Curtis G and Bidwell Kristi A
Bought by
Skinner Rory D and Skinner Rosemarie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2005
Sold by
Poorman George M and Poorman Mary E
Bought by
Bidwell Curtis G and Bidwell Kristi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,400
Interest Rate
3%
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
Marchenko Timothy -- First Amer Ttl Thurston Cnty
Marchenko Timothy -- First Amer Ttl Thurston Cnty
Nwig Llc $280,000 Chicago Title Co
Skinner Rory D $305,280 Stewart Title Of Western
Bidwell Curtis G $240,500 Stewart Title Of Western
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchenko Victoria $296,907
Closed Marchenko Timothy $296,250
Previous Owner Nwig Llc $252,000
Previous Owner Nwig Llc $78,000
Previous Owner Skinner Rory D $244,000
Previous Owner Bidwell Curtis G $192,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2019 02/04/19 Sold $280,000 +0.4% $141 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $279,000 0.0% $140 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $279,000 -- $140 / 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 $5,602 $618,200 $271,600 $346,600
2023 $5,602 $552,500 $202,600 $349,900
2022 $4,783 $509,000 $195,000 $314,000
2021 $4,459 $408,000 $152,600 $255,400
2020 $4,277 $350,700 $107,500 $243,200
2019 $2,284 $327,100 $150,100 $177,000
2018 $2,360 $180,500 $102,800 $77,700
2017 $2,048 $159,600 $68,400 $91,200
2016 $2,294 $173,400 $67,300 $106,100
2014 -- $163,700 $71,300 $92,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1370626

Northwest Multiple Listing Service (NWMLS)

APN: 49200000700