Listed by Mondau Real Estate, Bought with Best Choice Network LLC
NOT LISTED FOR SALE

2607 44th Ave NW Unit A & B Olympia, WA 98502

Estimated Value: $505,000 - $624,000

4 Beds
2 Baths
2,116 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $574,000 $271 Per Sq Ft

Current estimated payment $3,401/month

3 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Patio
  • Jefferson Middle School Rated A
  • No HOA
  • Open Space

About This Home

As of October 2022

Excellent investment opportunity for owner occupied or straight rental in the highly desirable neighborhood of West Olympia. Each unit features single story living w/2 BR & 1 bath plus a W/D hook-up (tenant owned). Your tenants will love the ample storage & privacy provided by the garage & the partially fenced patio/backyard. You'll appreciate the newer roof, fresh exterior paint, updated garage doors, gutter guards & no HOA. Unit B has an updated kitchen w/newer cabinets & linoleum. Unit A is currently vacant for viewing & offers new vinyl plank flooring, updated bathroom & new kitchen hood & range. Owner pays for water (approx $45/mo) & tenant pays for garbage, elect. & cable TV/Internet. Excellent school district & close to amenities.

Last Agent to Sell the Property

Phil Mondau

Mondau Real Estate License #22005792 Listed on: 09/14/2022

Last Buyer's Agent

Charles Hays

Best Choice Network LLC License #20115482

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1995854

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,602

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 9 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70730000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,602

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: 2116
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Open Space
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Thurston PUD
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 540

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 70730000901
  • Lot Size Acres: 0.3409
  • Lot Size Sq Ft: 14848
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.78
  • LeasedItems: None
  • TotalMonthlyIncome: 3150

Multi Family

  • Gross Scheduled Income: 37800
  • Net Operating Income: 33658
  • Number Of Units Total: 2
  • Leasable Area: 2116
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3602

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 14, 2022
Sold by
Yusko Michael C and Yusko Ann F
Bought by
Ocampo Daniel A
Seller's Agent
Phil Mondau
Mondau Real Estate
Buyer's Agent
Charles Hays
Best Choice Network LLC
List Price
$559,000
Sold Price
$574,000
Premium/Discount to List
$15,000
2.68%
Current Estimated Value
$574,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713
Avg. Annual Appreciation
0.04%
Original Mortgage
$574,000
Outstanding Balance
$552,280
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$22,433

Purchase Details

Closed on
Dec 12, 2001
Sold by
Davidson Julie
Bought by
Ness Ann F and Yusko Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,950
Interest Rate
6.57%

Purchase Details

Closed on
Aug 14, 2000
Sold by
Deforest Russell and Deforest Yvonne
Bought by
Davidson Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.5%
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
Ocampo Daniel A $574,000 Wfg National Title Company Of
Ness Ann F $141,000 Stewart Title Company
Davidson Julie $135,000 Thurston County Title Co
Davidson Julie $135,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Daniel A $574,000
Previous Owner Ness Ann F $133,950
Previous Owner Davidson Julie $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $574,000 +2.7% $271 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $559,000 -- $264 / 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 $4,251 $518,600 $271,600 $247,000
2023 $4,251 $373,600 $163,800 $209,800
2022 $3,602 $372,400 $162,000 $210,400
2021 $4,037 $280,300 $121,700 $158,600
2020 $3,693 $286,900 $74,600 $212,300
2019 $2,798 $255,800 $100,300 $155,500
2018 $2,922 $205,500 $84,300 $121,200
2017 $2,655 $192,250 $57,850 $134,400
2016 $2,305 $165,650 $52,950 $112,700
2014 -- $163,900 $59,800 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1995854

Northwest Multiple Listing Service (NWMLS)

APN: 70730000901