Listed by Olympic Sotheby's Int'l Realty, Bought with Keller Williams Realty
NOT LISTED FOR SALE

2610 Lincoln Ave SE Olympia, WA 98501

Estimated Value: $709,000 - $728,000

6 Beds
2 Baths
3,362 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $603,000 $179 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,381/month

51 Days on Market

Highlights

  • Deck
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • Reeves Middle School Rated A-

About This Home

As of January 2021

Well maintained, nicely appointed one owner duplex located in south Olympia. Great room concept with open kitchen, dining and family room. All bedrooms upstairs with laundry room upstairs as well. Nice master suite with walk-in closet and vaulted ceilings. Attached garage, gas heat and hot water. Each unit has private, fenced yard with patio. Quiet setting located at the end of Lincoln Ave. Brand new roof and front porch. e

Last Agent to Sell the Property

Sterling Stock

Olympic Sotheby's Int'l Realty License #20207 Listed on: 10/08/2020

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Erica Richardson

Keller Williams Realty License #128353

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1675248

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,889

Year Built

  • Built in 2005

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 229 x 165
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,362 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Madison Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Natural Gas Connected
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50000901600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,889

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3362
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, Septic System, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Olympia

Schools

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

Lot Info

  • Parcel Number: 50000901600
  • Lot Size Acres: 0.8712
  • Lot Size: 229 x 165
  • Lot Size Sq Ft: 37950
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6889

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 4, 2021
Sold by
Perez Elizabeth Victoria
Bought by
Perez Jarrett
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Erica Richardson
Keller Williams Realty
List Price
$624,900
Sold Price
$603,000
Premium/Discount to List
-$21,900
-3.5%
Current Estimated Value
$716,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,667
Avg. Annual Appreciation
3.59%
Original Mortgage
$616,869
Outstanding Balance
$550,461
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$166,206

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 30, 2020
Sold by
Perez Elizabeth Victoria
Bought by
Perez Jarrett
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Erica Richardson
Keller Williams Realty
List Price
$624,900
Sold Price
$603,000
Premium/Discount to List
-$21,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,869
Outstanding Balance
$550,461
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$166,206

Purchase Details

Closed on
Jan 6, 2020
Sold by
Dandridge John and Dandridge Daniela
Bought by
Perez Jarrett

Purchase Details

Closed on
May 17, 2004
Sold by
Harmonie Properties Inc
Bought by
Dandridge John and Dandridge Daniela

Purchase Details

Closed on
Jun 17, 2003
Sold by
Decker Rogar W and Decker Theresa L
Bought by
Harmonie Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
5.53%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Jarrett -- Thurston County Title Co
Perez Jarrett -- Thurston County Title
Perez Jarrett -- Thurston County Title
Perez Jarrett $603,000 Thurston County Title Co
Dandridge John -- Thurston County Title
Harmonie Properties Inc -- Thurston County Title
Harmonie Properties Llc $50,000 Transnation Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jarrett $616,869
Closed Perez Jarrett $616,869
Previous Owner Harmonie Properties Llc $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $603,000 +0.5% $179 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/03/2020 11/03/20 Price Changed $599,900 -4.0% $178 / Sq Ft
10/08/2020 10/08/20 For Sale $624,900 -- $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 $7,282 $754,800 $271,600 $483,200
2023 $7,282 $696,500 $185,700 $510,800
2022 $8,285 $720,500 $251,700 $468,800
2021 $6,931 $693,900 $312,400 $381,500
2020 $6,889 $537,100 $112,500 $424,600
2019 $5,374 $520,800 $217,800 $303,000
2018 $4,675 $347,100 $65,300 $281,800
2017 $4,515 $361,450 $86,750 $274,700
2016 $4,160 $318,000 $95,400 $222,600
2014 -- $332,700 $100,700 $232,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1675248

Northwest Multiple Listing Service (NWMLS)

APN: 50000901600