NOT LISTED FOR SALE

Estimated Value: $577,578 - $663,000

4 Beds
2 Baths
1,848 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $367,500 $199 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,937/month

4 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • Property is in very good condition
  • Thurgood Marshall Middle School Rated A-
  • High Speed Internet
  • Property is Fully Fenced

About This Home

As of November 2019

Fabulous rambler duplex investment opportunity with the option of owner occupancy! Location is key and condition matters. One unit is remodeled with vinyl flooring, marble tub surround, and a new kitchen in 2017. This unit has been owner-occupied for 2 years with a recent offer to rent for $1550. The tenant occupied unit has a LTR since 2007 and could bear a market increase. The exterior was just painted and new gutters installed. HOA includes lawn and community maintenance. Invest now!

Last Listed By

Michelle Sparks

RE/MAX Parkside Affiliates License #23690 Listed on: 10/08/2019

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1529642

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in very good condition

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Mclane Elementary School
  • Thurgoodmarshallmi Middle School

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • Normandy Park Condos
  • Westside Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 65240002400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,451

Year Built

Built in 1977

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Normandy Park
  • New Construction: No
  • CalculatedSquareFootage: 1848
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 269

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 2400

Condo/Co-op/Association

  • Association Fee: 1158
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: ThurgoodMarshallMi

Lot Info

  • Parcel Number: 65240002400
  • Lot Size Acres: 0.3172
  • Lot Size Sq Ft: 13816
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 24

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1100

Multi Family

  • Gross Scheduled Income: 11400
  • Number Of Units Total: 2
  • Insurance Expense: 635
  • Leasable Area: 1848
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3451

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2020
Sold by
Stormans Gregory D and Stormans Cristina L
Bought by
Cjcg Investments Llc
Total Days on Market
4
Current Estimated Value
$613,895

Purchase Details

Listed on
Oct 8, 2019
Closed on
Nov 7, 2019
Sold by
Vigil Kathryn and Vigil Adam
Bought by
Stormans Gregory and Stormans Cristina
Seller's Agent
Michelle Sparks
RE/MAX Parkside Affiliates
Buyer's Agent
John Stormans
Olympic Sotheby's Int'l Realty
List Price
$365,000
Sold Price
$367,500
Premium/Discount to List
$2,500
0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$245,625
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 8, 2017
Sold by
Murillo Katherine A
Bought by
Energy Living Properties Llc
Seller's Agent
Teri Haglund
Urban Management Company LLC
Buyer's Agent
Michelle Sparks
RE/MAX Parkside Affiliates
List Price
$285,000
Sold Price
$281,000
Premium/Discount to List
-$4,000
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$224,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 21, 2017
Sold by
Energy Living Properties Llc
Bought by
Dobkins Kathryn and Vigil Adam J
Seller's Agent
Teri Haglund
Urban Management Company LLC
Buyer's Agent
Michelle Sparks
RE/MAX Parkside Affiliates
List Price
$285,000
Sold Price
$281,000
Premium/Discount to List
-$4,000
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 8, 2017
Sold by
Murillo Katherine A and Taber Katherine Anne
Bought by
Energy Living Properties Llc
Seller's Agent
Teri Haglund
Urban Management Company LLC
Buyer's Agent
Michelle Sparks
RE/MAX Parkside Affiliates
List Price
$285,000
Sold Price
$281,000
Premium/Discount to List
-$4,000
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2013
Sold by
Taber Katherine A
Bought by
Energy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 2001
Sold by
Normandy Park Llc
Bought by
Taber Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,700
Interest Rate
6.84%

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
Cjcg Investments Llc -- None Available
Stormans Gregory $367,781 Thurston County Title Co
Energy Living Properties Llc -- None Available
Dobkins Kathryn $280,719 Thurston County Title Co
Energy Living Properties Llc -- Thurston County Title Co
Energy Properties Llc $660,000 Thurston County Title
Taber Katherine A $141,900 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cjcg Investments Llc $249,000
Previous Owner Stormans Gregory $245,625
Previous Owner Vigil Kathryn $50,000
Previous Owner Dobkins Kathryn $224,800
Previous Owner Energy Properties Llc $460,000
Previous Owner Taber Katherine A $88,080
Previous Owner Taber Katherine A $89,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $367,500 +0.7% $199 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $365,000 +29.9% $198 / Sq Ft
04/03/2017 04/03/17 Sold $281,000 -1.4% $152 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $285,000 -- $154 / 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 $4,844 $500,000 $271,600 $228,400
2023 $4,844 $463,000 $207,700 $255,300
2022 $4,247 $445,900 $215,300 $230,600
2021 $4,080 $355,300 $167,700 $187,600
2020 $4,080 $315,900 $106,700 $209,200
2019 $3,451 $308,200 $161,400 $146,800
2018 $3,389 $251,500 $107,100 $144,400
2017 $3,095 $247,550 $101,450 $146,100
2016 $2,365 $199,400 $75,400 $124,000
2014 -- $188,850 $84,650 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1529642

Northwest Multiple Listing Service (NWMLS)

APN: 65240002400