NOT LISTED FOR SALE

2730 10th Ct SE Olympia, WA 98501

Estimated Value: $415,431 - $518,000

3 Beds
3 Baths
3,402 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $555,000 $163 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,982/month

48 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • Wall to Wall Carpet
  • Reeves Middle School Rated A-
  • Wood Siding

About This Home

As of November 2019

Looking for a great investment property that is already producing revenue. This duplex is centrally located in south Olympia with easy access to all of the perks of living downtown. These homes have been well maintained and fully rented for several years. They are beautiful and would be great properties independently or together.

Last Listed By

Scott Hollis

John L. Scott Lacey License #26688 Listed on: 06/07/2019

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1471412

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 2007

Lot Details

  • 6,100 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,402 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32240001800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,008

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3402
  • SOCComments: Show and sell
  • Special Features: None
  • Cumulative Days on Market: 317

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 32240001800
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 188
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 3030
  • Net Operating Income: 36840
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 3402
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2007
Sold by
Benco Properties Inc
Bought by
Hou Yuhan and Hou Layying
Total Days on Market
48
Current Estimated Value
$477,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Outstanding Balance
$158,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$318,245

Purchase Details

Closed on
Sep 12, 2006
Sold by
Tronie Corp
Bought by
Benco Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,252,500
Interest Rate
6.56%
Mortgage Type
Construction
Source: Public Records

Similar Homes in Olympia, WA

  • 1230 1228 5th Ave E, Olympia, WA 98501

    $515,000

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 1230 1228 5th Ave E
    • Olympia, WA

    Don’t miss this incredible opportunity to own a fully updated and renovated duplex in one of Olympia’s most desirable locations. Featuring sleek stainless-steel appliances, brand-new Hardie siding throughout, and modern finishes, this property is truly move-in ready. Perfect for investors or owner-occupants alike, each unit offers comfortable living just steps from shops, restaurants, parks, and

    Tyler Kanda Greene Commercial

    Section Image
  • 518-520 18th Ave SE, Olympia, WA 98501

    $535,000

    • 4 Beds
    • 2 Baths
    • 1,524 Sq Ft
    • 518-520 18th Ave SE
    • Olympia, WA

    This well-maintained duplex in Olympia's South Capitol neighborhood is an excellent investment opportunity, featuring two 2-bedroom, 1-bath units. It's ideal for both investors and owner-occupants. The single-story property includes a newer roof, a shared two-car garage with storage, and a private driveway. Each unit has private fenced backyards. Easy access to shopping, dining, public

    Terrance Meyer Better Properties - Metro

    Section Image
  • 1814 Franklin St SE, Olympia, WA 98501

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,786 Sq Ft
    • 1814 Franklin St SE
    • Olympia, WA

    This well-kept duplex offers a fantastic investment opportunity with low tenant turnover & long-term rental stability. Perfect for investors or owner-occupants, this property features two distinct units. One unit boasts 3 beds & 1 bath. Other unit features 1 bed & 1 bath, plus a fireplace! Two dedicated parking spaces available. Brand new roof! Whether you’re looking to generate steady rental

    Ron Rougeaux eXp Realty

    Section Image
  • 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
  • 5615 Boston Harbor Rd NE Unit A&B, Olympia, WA 98506

    $575,000

    • 4 Beds
    • 2 Baths
    • 1,832 Sq Ft
    • 5615 Boston Harbor Rd NE
    • Unit A&B
    • Olympia, WA

    First time on the market in almost 40 years! 50's vintage duplex located just minutes from downtown & Boston Harbor Marina, but outside the City of Oly rental jurisdiction. Very well maintained! Always rented as a shoes-off home, Unit A (Long term tenant on month to month lease) features 2 BR, 1 BA, 1-car garage with refinished oak HDWD floors, retro solid wood cabinets and newer appliances.

    Paul Oczkewicz Virgil Adams Real Estate, Inc.

    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
Hou Yuhan $270,000 Chicago Title Company
Benco Properties Inc $950,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hou Yuhan $243,000
Previous Owner Benco Properties Inc $1,252,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $555,000 -2.6% $163 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $570,000 -- $168 / 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 $3,602 $354,200 $78,200 $276,000
2023 $3,602 $344,100 $66,400 $277,700
2022 $3,202 $328,900 $48,000 $280,900
2021 $2,977 $267,700 $40,000 $227,700
2020 $3,030 $230,300 $57,600 $172,700
2019 $2,491 $227,200 $54,500 $172,700
2018 $2,321 $170,900 $37,000 $133,900
2017 $2,112 $167,100 $37,000 $130,100
2016 $1,957 $161,100 $36,600 $124,500
2014 -- $154,750 $38,050 $116,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1471412

Northwest Multiple Listing Service (NWMLS)

APN: 32240001900