NOT LISTED FOR SALE

2514 Carpenter Rd SE Unit G & H Lacey, WA 98503

The Lakes Neighborhood

Estimated Value: $508,582 - $534,000

4 Beds
2 Baths
1,744 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $325,000 $186 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,278/month

8 Days on Market

Highlights

  • Patio
  • Wood Siding
  • 1-Story Property
  • Timberline High School Rated A-
  • Wall to Wall Carpet

About This Home

As of August 2019

Investors!! Well maintained duplex, located in popular area of Lacey! Features of each unit include 2 bedrooms, 1 bath, range/stove, dishwasher, fridge, pellet stove, electric baseboard heat, covered patio. Located on extra large lot at end of cul-de-sac, close to bus line, shopping, schools, Long Lake county park, fairgrounds. Great returns with this one!! Showings upon accepted offer.

Last Agent to Sell the Property

Susan Wise

RE/MAX Northwest License #15110 Listed on: 06/06/2019

RE/MAX Northwest

Last Buyer's Agent

Quy Pham

Dove Realty, Inc. License #47641

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1470407

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1977

Lot Details

  • 0.39 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,744 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

  • Woodland Elementary School
  • Komachin Mid Middle School
  • Timberline High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Long Lake West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11827122404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,869

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: 1744
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 304

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: 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: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 60

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: North Thurston
  • High School: Timberline High
  • Middle Or Junior School: Komachin Mid

Lot Info

  • Parcel Number: 11827122404
  • Lot Size Acres: 0.3925
  • Lot Size Sq Ft: 17098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2435

Multi Family

  • Gross Scheduled Income: 29220
  • Net Operating Income: 23873
  • Number Of Units Total: 2
  • Insurance Expense: 957
  • Leasable Area: 1744
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2869

MLS Schools

  • Elementary School: Woodland Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 22, 2019
Sold by
Monohon Troy E and Monohon Carol A
Bought by
Kim Tyree H
Seller's Agent
Susan Wise
RE/MAX Northwest
Buyer's Agent
Quy Pham
Dove Realty, Inc.
List Price
$325,000
Sold Price
$325,000
Total Days on Market
8
Current Estimated Value
$520,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,646
Avg. Annual Appreciation
8.10%
Original Mortgage
$308,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2019
Sold by
2514 Carpenter Duplex Llc
Bought by
Monhon Troy and Monhon Carol

Purchase Details

Closed on
Oct 31, 2016
Sold by
Monohon Troy E and Monohon Carol A
Bought by
2514 Carpenter Duplex Llc

Purchase Details

Closed on
Aug 5, 2016
Sold by
2514 Carpenter Duplex Llc
Bought by
Monohon Troy and Monohon Carol

Purchase Details

Closed on
Apr 12, 2013
Sold by
Monohon Troy E and Mohonon Carol
Bought by
2514 Carpenter Duplex Llc

Purchase Details

Closed on
May 12, 2010
Sold by
Huth Robert T A
Bought by
Monohon Troy E and Monohon Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Huth Robert
Bought by
Huth Robert T A

Purchase Details

Closed on
Aug 7, 2003
Sold by
Rose Wilbert Russell and Rose Caren M
Bought by
Rentschler Pat M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2000
Sold by
Mattson Virginia and Currier Charla D
Bought by
Rose Wilbert Russell and Rose Caren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.43%
Source: Public Records

Similar Homes in the area

  • 4722 Carpenter Rd SE, Olympia, WA 98513

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • 4722 Carpenter Rd SE
    • Olympia, WA

    Fantastic duplex ready for owner occupant or investor! One side has been thoroughly remodeled and is ready for occupancy. Fresh paint, new flooring, new cabinets/countertops, new tub/shower, mini-split and more. This duplex is the perfect kind of long term real estate investment, units are always rented, vacancy is low. The garages divide the units for noise privacy. Washer/dryer hookup are in

    Phil Harlan Keller Williams South Sound

    Section Image
  • 1414 Hensley St NE Unit 1412, Olympia, WA 98516

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,832 Sq Ft
    • 1414 Hensley St NE
    • Unit 1412
    • Olympia, WA

    Attention Investors: Nice duplex near city of Lacey amenities within walking distance to groceries, restaurants and bigger shopping center. This duplex is located at the end street offering privacy. Spacious fenced backyard with some trees. Nice responsible and established tenants who wish to stay. A well-maintained single-story duplex, each unit offers 2-beds, 1-bath, utility room with washer

    Margo Street Networks Real Estate LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kim Tyree H $325,000 Fatco
Monhon Troy -- None Available
2514 Carpenter Duplex Llc -- None Available
Monohon Troy -- None Available
2514 Carpenter Duplex Llc -- None Available
Monohon Troy E $208,000 Stewart Title
Huth Robert T A -- None Available
Rentschler Pat M $187,000 Transnation Title Insur
Rose Wilbert Russell $115,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Tyree $210,000
Closed Kim Tyree H $308,750
Closed Kim Tyree H $308,750
Previous Owner Monohon Troy E $156,000
Previous Owner Rentschler Pat M $140,250
Previous Owner Rose Wilbert Russell $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $325,000 0.0% $186 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $325,000 -- $186 / 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 $4,672 $505,100 $247,400 $257,700
2023 $4,672 $473,600 $211,100 $262,500
2022 $3,557 $368,100 $149,900 $218,200
2021 $3,711 $292,500 $116,400 $176,100
2020 $3,513 $285,300 $91,700 $193,600
2019 $2,869 $277,600 $119,800 $157,800
2018 $3,257 $229,500 $93,700 $135,800
2017 $2,647 $192,550 $65,650 $126,900
2016 $2,528 $176,950 $63,350 $113,600
2014 -- $180,850 $69,350 $111,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1470407

Northwest Multiple Listing Service (NWMLS)

APN: 11827122404