Listed by Riley Jackson Real Estate Inc., Bought with Redfin
NOT LISTED FOR SALE

2429 2429.5 Capitol Way S Olympia, WA 98501

South Capitol Neighborhood
-- Bed
-- Bath
2,170 Sq Ft
7,998 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $595,000 $274 Per Sq Ft

174 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Lincoln Elementary School Rated A-
  • High Speed Internet
  • 4-minute walk to Stevens Field

About This Home

As of July 2021

You'll be charmed! 2 homes in the desirable South Capitol neighborhood. FRONT home is 2 bedrooms, 3/4 bath & has been beautifully updated. Hardwood floors, high ceilings, quality wood doors & trim. Kitchen w/ custom maple cabinets & granite counters. Bath w/tiled shower. Newer gas forced air furnace & elec. panel. Vinyl windows. Large basement w/laundry area & sink has access from interior & also outside entrance. Covered front porch. Circle drive & lots of parking. 10 year tenant that just moved had below market rent of $1380. BACK house has 2 bedrooms, full bath, hardwood floors but needs some updating in bath & kitchen. 1 car garage. Double pane windows. tenant is month to month at $1210.

Last Agent to Sell the Property

Kathryn Franzen

Riley Jackson Real Estate Inc. License #25906 Listed on: 11/25/2020

Last Buyer's Agent

Tyson Marcum

Redfin License #126154

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1692651

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1912

Lot Details

  • 7,998

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 7 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • 7,998 Sq Ft Lot

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38500700700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,897

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1912
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2170
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

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: 38500700700
  • Lot Size Acres: 0.1836
  • Lot Size Sq Ft: 7998
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2590

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4897

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 928
  • Leasable Area: 2170
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: LincolnElem

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $595,000 -7.8% $274 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $645,000 0.0% $297 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $645,000 -- $297 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathryn Franzen

    Seller's Agent in 2021

    Kathryn Franzen

    Riley Jackson Real Estate Inc.

    (360) 791-4170

    1 in this area

    54 Total Sales

    Kathryn Franzen
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1692651

Northwest Multiple Listing Service (NWMLS)
Washington Thurston County Olympia 98501 South Capitol

2429 2429.5 Capitol Way S, Olympia, WA

This home is located at 2429 2429.5 Capitol Way S, Olympia, WA 98501 since 25 November 2020. This property was built in 1912. 2429 2429.5 Capitol Way S is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington Middle School, and Olympia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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