Listed by BHGRE - Northwest Home Team, Bought with Olympic Sotheby's Int'l Realty
NOT LISTED FOR SALE

Estimated Value: $617,000 - $641,000

5 Beds
3 Baths
3,268 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $600,000 $184 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,721/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Patio
  • Peter G. Schmidt Elementary School Rated A-
  • Cul-De-Sac
  • Baseboard Heating

About This Home

As of August 2023

INVESTOR, FIRST TIME BUYER, MULTI GENERATIONAL ALERT!!!! If you are in the market for a turn-key investment property you owe it yourself to see this amazing Tumwater Duplex located in the heart of Tumwater. Unit B features 3 bedrooms and 2 full baths, with a private, fenced backyard. Unit A features 2 bedrooms and 1 full bath, a beautifully landscaped and fenced, private back yard. Both units have their own private garages. This property does not have any deferred maintenance and a new roof was just installed. Both units are fully rented with long term tenants and are on month to month leases. The opportunities that exist with this property are endless, you will kick yourself for not buying this amazing home.

Last Agent to Sell the Property

Megan Buchanan

BHGRE - Northwest Home Team License #101215 Listed on: 06/28/2023

BHGRE - Northwest Home Team

Last Buyer's Agent

Kyle Kanda

Olympic Sotheby's Int'l Realty License #21001593

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2132653

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1977

Lot Details

  • 9,598 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,268 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Peter G Schmidt Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 79160002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,267

Year Built

Built in 1977

Lot Details

0

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
  • New Construction: No
  • CalculatedSquareFootage: 3268
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 79160002000
  • Lot Size Acres: 0.2203
  • Lot Size Sq Ft: 9598
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2550

Multi Family

  • Gross Scheduled Income: 30600
  • Net Operating Income: 25333
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 3268
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4267

MLS Schools

  • Elementary School: Peter G Schmidt Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2002
Sold by
Roderick Ralph R and Roderick Janice S
Bought by
Roderick Ralph R and Roderick Janice
Current Estimated Value
$628,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.78%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Roderick Ralph R
Bought by
Roderick Ralph R and Roderick Janice G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7%
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
Roderick Ralph R -- Chicago Title Company
Roderick Ralph R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roderick Ralph R $106,500
Closed Roderick Ralph R $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $600,000 +3.4% $184 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $580,000 -- $177 / 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 $4,668 $569,600 $252,200 $317,400
2023 $4,668 $466,300 $182,300 $284,000
2022 $3,944 $437,200 $178,300 $258,900
2021 $4,337 $335,000 $125,800 $209,200
2020 $3,523 $338,000 $98,400 $239,600
2019 $3,620 $266,100 $116,100 $150,000
2018 $3,593 $278,300 $102,800 $175,500
2017 $3,129 $238,400 $68,400 $170,000
2016 $2,663 $211,500 $67,300 $144,200
2014 -- $195,350 $71,250 $124,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2132653

Northwest Multiple Listing Service (NWMLS)

APN: 79160002000