Listed by Virgil Adams Real Estate, Inc., Bought with Virgil Adams Real Estate, Inc.
NOT LISTED FOR SALE

2524 Leach Ct SE Olympia, WA 98501

Cain Road Neighborhood

Estimated Value: $439,060 - $570,000

4 Beds
2 Baths
1,320 Sq Ft
$395/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $220,000 $167 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,148/month

1 Day on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • 1-Story Property
  • McKenny Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of January 2017

Close in Duplex, always rented, Olympia Schools, Cozy units, fireplace, long term renters. Vinyl windows, 1 car garage, laundry hook ups.

Last Agent to Sell the Property

Patrick Pieroni

Virgil Adams Real Estate, Inc. License #18878 Listed on: 10/17/2016

Co-Listed By

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654

Last Buyer's Agent

Tammy Adams

Virgil Adams Real Estate, Inc. License #106926

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1043317

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,003

Year Built

  • Built in 1959

Lot Details

  • 7,862 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Wash Mid Middle School
  • Olympia High School

Utilities

  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43960000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,003

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1320
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Olympia
  • WaterCompany: Olympia
  • WaterSewerGarbage: 2376

Schools

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

Lot Info

  • Parcel Number: 43960000100
  • Lot Size Acres: 0.1805
  • Lot Size Sq Ft: 7862
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

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

Multi Family

  • Gross Scheduled Income: 19500
  • Net Operating Income: 13876
  • Number Of Units Total: 2
  • Insurance Expense: 795
  • Leasable Area: 660
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Dec 30, 2016
Sold by
Weigoni Llc
Bought by
Pellicer John
Seller's Agent
Patrick Pieroni
Virgil Adams Real Estate, Inc.
Buyer's Agent
Tammy Adams
Virgil Adams Real Estate, Inc.
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$522,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,015
Avg. Annual Appreciation
9.62%
Original Mortgage
$165,000
Outstanding Balance
$137,283
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$353,725

Purchase Details

Closed on
Jun 16, 2009
Sold by
Weigand Monica M
Bought by
Weigand Philip

Purchase Details

Closed on
Jun 3, 2005
Sold by
Weigand Philip Spence and Pieroni Patrick J
Bought by
Weigoni Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2005
Sold by
Pieroni Diane A
Bought by
Pieroni Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 9, 2002
Sold by
Costello Craig J and Piper Marilyn L
Bought by
Sanders Thomas N and Sanders Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.13%

Purchase Details

Closed on
Mar 7, 1997
Sold by
Hayes William M and Hayes Patricia C
Bought by
Costello Craig J and Piper Marilyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,950
Interest Rate
7.9%
Source: Public Records

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
Pellicer John $219,719 Stewart Title Western Wa Inc
Weigand Philip -- None Available
Weigoni Llc -- Chicago Title Co
Pieroni Patrick J -- Chicago Title Co
Weigand Philip Spence -- Chicago Title Co
Weigand Philip Spence $188,000 Chicago Title Co
Sanders Thomas N $144,000 Thurston County Title Co
Costello Craig J $125,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pellicer John $165,000
Previous Owner Weigand Philip Spence $150,400
Previous Owner Sanders Thomas N $115,200
Previous Owner Costello Craig J $99,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2017 01/03/17 Sold $220,000 -2.2% $167 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $225,000 -- $170 / 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 $4,557 $487,700 $271,600 $216,100
2023 $4,557 $435,600 $228,800 $206,800
2022 $3,627 $399,200 $210,700 $188,500
2021 $3,603 $303,300 $150,400 $152,900
2020 $3,601 $278,900 $106,300 $172,600
2019 $2,994 $271,900 $148,300 $123,600
2018 $2,997 $222,400 $109,500 $112,900
2017 $2,051 $163,800 $67,600 $96,200
2016 $1,893 $164,750 $72,550 $92,200
2014 -- $151,050 $76,550 $74,500
Source: Public Records

Agents Affiliated with this Home

  • Patrick Pieroni

    Seller's Agent in 2017

    Patrick Pieroni

    Virgil Adams Real Estate, Inc.

    (360) 402-8100

    68 Total Sales

    Patrick Pieroni
    Section Image
  • Spence Weigand

    Seller Co-Listing Agent in 2017

    Spence Weigand

    Virgil Adams Real Estate, Inc.

    (360) 789-3160

    140 Total Sales

    Spence Weigand
    Section Image
  • Tammy Adams

    Buyer's Agent in 2017

    Tammy Adams

    Virgil Adams Real Estate, Inc.

    (360) 584-2736

    80 Total Sales

    Tammy Adams
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1043317

Northwest Multiple Listing Service (NWMLS)

APN: 43960000100

Washington Thurston County Olympia 98501 Cain Road

2524 Leach Ct SE, Olympia, WA

This home is located at 2524 Leach Ct SE, Olympia, WA 98501 since 17 October 2016 and is currently estimated at $522,015, approximately $395 per square foot. This property was built in 1959. 2524 Leach Ct SE is a home located in Thurston County with nearby schools including McKenny 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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