Listed by Tag Team Realty, Bought with CENTURY 21 North Homes Realty
NOT LISTED FOR SALE

2605 Otis St SE Olympia, WA 98501

Wildwood Neighborhood

Estimated Value: $654,000 - $678,843

6 Beds
4 Baths
2,725 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $420,000 $154 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,000/month

76 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Lincoln Elementary School Rated A-
  • Wood Flooring
  • Central Air

About This Home

As of November 2019

Great Investment Opportunity! Spacious updated duplex, each unit three bedrooms and 1.5 bath. Backed by a beautiful wooded ravine. One car garage per unit, lots of storage, quite neighborhood, and conveniently located in the Carlyon District. Property offers a daylight basement, update electrical panel, A/C, and vaulted ceilings. Single owner for the last 29 years and very well maintained. Two neighboring duplexes also for sale.

Last Agent to Sell the Property

Kalvin Hargrave

Tag Team Realty License #132796 Listed on: 07/17/2019

Tag Team Realty

Co-Listed By

Brad Hargrave

Tag Team Realty License #24008705

Last Buyer's Agent

Brenda Rumball

CENTURY 21 North Homes Realty License #3546

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1491193

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1960

Lot Details

  • 10,268 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,725 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Carlyon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 83700002600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,900

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2725
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Hardwood, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • 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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: city of olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 83700002600
  • Lot Size Acres: 0.2357
  • Lot Size Sq Ft: 10268
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2245

Multi Family

  • Gross Scheduled Income: 26940
  • Net Operating Income: 23054
  • Number Of Units Total: 2
  • Insurance Expense: 986
  • Leasable Area: 2725
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2900

MLS Schools

  • Elementary School: LincolnElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Benton Richard Sidney
Bought by
Rumball Brenda Lynn
Current Estimated Value
$666,461

Purchase Details

Listed on
Jul 17, 2019
Closed on
Nov 5, 2019
Sold by
Hanlon Gerald M and Hanlon Linda T
Bought by
Rumball Brenda L
Seller's Agent
Kalvin Hargrave
Tag Team Realty
Buyer's Agent
Brenda Rumball
CENTURY 21 North Homes Realty
List Price
$428,900
Sold Price
$420,000
Premium/Discount to List
-$8,900
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$286,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2019
Closed on
Nov 1, 2019
Sold by
Rumball Brenda L and Benton Richard S
Bought by
Rumball Brenda L
Seller's Agent
Kalvin Hargrave
Tag Team Realty
Buyer's Agent
Brenda Rumball
CENTURY 21 North Homes Realty
List Price
$428,900
Sold Price
$420,000
Premium/Discount to List
-$8,900
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Rumball Brenda Lynn -- None Listed On Document
Rumball Brenda L $425,000 Thurston County Title Co
Rumball Brenda L -- Thurston County Title Co
Rumball Brenda L $425,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rumball Brenda L $286,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $420,000 -2.1% $154 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $428,900 0.0% $157 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $428,900 -- $157 / 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 $5,725 $619,800 $271,600 $348,200
2023 $5,725 $547,400 $198,500 $348,900
2022 $5,017 $516,000 $194,500 $321,500
2021 $4,691 $419,900 $157,100 $262,800
2020 $3,433 $363,300 $107,400 $255,900
2019 $2,901 $259,200 $113,400 $145,800
2018 $2,639 $195,800 $63,500 $132,300
2017 $2,076 $165,750 $43,050 $122,700
2016 $1,806 $170,250 $53,850 $116,400
2014 -- $144,050 $56,850 $87,200
Source: Public Records

Agents Affiliated with this Home

  • Kalvin Hargrave

    Seller's Agent in 2019

    Kalvin Hargrave

    Tag Team Realty

    (360) 878-1163

    10 Total Sales

    Kalvin Hargrave
    Section Image
  • Brad Hargrave

    Seller Co-Listing Agent in 2019

    Brad Hargrave

    Tag Team Realty

    (360) 481-0205

    9 Total Sales

    Brad Hargrave
    Section Image
  • Brenda Rumball

    Buyer's Agent in 2019

    Brenda Rumball

    CENTURY 21 North Homes Realty

    (425) 244-0400

    25 Total Sales

    Brenda Rumball
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1491193

Northwest Multiple Listing Service (NWMLS)

APN: 83700002600

Washington Thurston County Olympia 98501 Wildwood

2605 Otis St SE, Olympia, WA

This home is located at 2605 Otis St SE, Olympia, WA 98501 since 17 July 2019 and is currently estimated at $666,461, approximately $244 per square foot. This property was built in 1960. 2605 Otis St SE 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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