Listed by Van Dorm Realty, Inc, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

Estimated Value: $525,000 - $599,981

4 Beds
2 Baths
1,600 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $458,000 $286 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,396/month

5 Days on Market

Highlights

  • RV Access or Parking
  • 0.54 Acre Lot
  • Thermal Windows
  • Pioneer Elementary School Rated A
  • Engineered Wood Flooring
  • Cul-De-Sac

About This Home

As of February 2021

Great location and backs to Olympia Watershed Park. Minutes to downtown Olympia, restaurants, services & schools. Potential to build another building/shop/ADU zoned 4-8/acre with RV parking. Each side has large living room, dining room open to kitchen & 2 bedrooms & 1 bath, one car garage, washer and dryer hook-up & laundry sink. Nicely maintained, 10 year old comp roof & vinyl windows. Olympia Schools - Pioneer Elementary, Washington Middle School & Olympia High School. Unit A rents for $1350.00, Seller pays Water, Sewer and Garbage.

Last Agent to Sell the Property

Kent Stottlemyre

Van Dorm Realty, Inc License #34744 Listed on: 12/26/2020

Van Dorm Realty, Inc

Last Buyer's Agent

Alex Gardner

Van Dorm Realty, Inc License #124157

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1711936

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,811

Year Built

  • Built in 1961

Lot Details

  • 0.54 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

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

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09940084004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,811

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 09940084004
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23522
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4811

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Pioneer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Shidong Zhang
Bought by
Zhao Huan and Liu Zhi
Current Estimated Value
$568,245

Purchase Details

Listed on
Dec 26, 2020
Closed on
Feb 10, 2021
Sold by
Garman Curtis V and Garman Cindy L
Bought by
Zhao Huan and Liu Zhi
Seller's Agent
Kent Stottlemyre
Van Dorm Realty, Inc
Buyer's Agent
Alex Gardner
Van Dorm Realty, Inc
List Price
$425,000
Sold Price
$458,000
Premium/Discount to List
$33,000
7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$343,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1998
Sold by
Garman Curtis V
Bought by
Garman Curtis and Garman Cindy L

Purchase Details

Closed on
May 4, 1995
Sold by
Macy Peni J
Bought by
Garman Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.46%
Source: Public Records

Range of Values:

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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
Zhao Huan $250,000 None Listed On Document
Zhao Huan $458,000 Chicago Title Company Of Wa
Garman Curtis -- First American Title Ins Co
Garman Curtis $120,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhao Huan $343,500
Previous Owner Garman Curtis $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $458,000 +7.8% $286 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/26/2020 12/26/20 For Sale $425,000 -- $266 / 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 $4,880 $487,700 $271,600 $216,100
2023 $4,880 $466,500 $233,700 $232,800
2022 $5,591 $485,400 $276,200 $209,200
2021 $3,926 $468,000 $297,400 $170,600
2020 $4,811 $303,900 $110,300 $193,600
2019 $3,465 $363,500 $224,800 $138,700
2018 $2,972 $220,500 $110,400 $110,100
2017 $2,837 $226,800 $125,200 $101,600
2016 $2,019 $182,050 $84,150 $97,900
2014 -- $161,150 $88,850 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1711936

Northwest Multiple Listing Service (NWMLS)

APN: 09940084004