NOT LISTED FOR SALE

2832 Wilderness Dr SE Unit M Olympia, WA 98501

Wilderness Neighborhood

Estimated Value: $654,000 - $704,000

5 Beds
2 Baths
2,712 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 07, 2025

Last sale price $660,000 $243 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,082/month

110 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Partially Fenced Property
  • Centennial Elementary School Rated A
  • Baseboard Heating
  • Wood Siding

About This Home

As of March 2025

Amazing opportunity for investors or homeowners! Well maintained duplex in desirable SE Olympia. 3BR/1Bath & 2BR/1Bath. Currently leased with stable rental history (non-smoking; no pets). Single story units; large open living spaces; enclosed garages each side; long driveway for additional parking. Newer roof; large private backyards/patio areas, dedicated interior laundry hookups and hot water heaters on both sides; recently upgraded bathrooms/kitchens; newer laminate flooring in 3BR. Olympia Schools; on city bus line; close to medical and retail. Live on one side or continue renting both units. Showing by appointment only after offer is submitted/accepted contingent upon viewing the property. Please do not disturb tenants.

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 10/17/2024

Last Buyer's Agent

Chris Nye

MLS4owners.com License #13886 Listed on: 10/17/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2303034

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,444

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property
  • Corner Lot

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,712 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 83660010900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,444

Year Built

Built in 1974

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1974
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2712
  • SOCComments: *Minus SO Admin Fee $400 See Remarks*
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 83660010900
  • Lot Size Acres: 0.3237
  • Lot Size Sq Ft: 14100
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 14.37
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5444

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric,Wood
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Mar 6, 2025
Sold by
Bash Joanne S and Rodeheaver Lesli
Bought by
Uong Iraki
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Chris Nye
MLS4owners.com
List Price
$689,900
Sold Price
$660,000
Premium/Discount to List
-$29,900
-4.33%
Views
113
Current Estimated Value
$679,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,000
Avg. Annual Appreciation
3.66%
Original Mortgage
$681,780
Outstanding Balance
$678,351
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$649
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Uong Iraki $660,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uong Iraki $681,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $660,000 -1.4% $243 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $669,200 -3.0% $247 / Sq Ft
10/17/2024 10/17/24 For Sale $689,900 -- $254 / 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 $5,989 $608,900 $271,600 $337,300
2023 $5,989 $569,300 $207,200 $362,100
2022 $5,445 $543,300 $216,000 $327,300
2021 $5,269 $459,400 $193,200 $266,200
2020 $5,184 $410,000 $108,300 $301,700
2019 $4,398 $394,100 $177,400 $216,700
2018 $4,208 $309,200 $108,900 $200,300
2017 $3,731 $283,200 $96,300 $186,900
2016 $3,058 $243,450 $79,650 $163,800
2014 -- $223,900 $84,100 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2303034

Northwest Multiple Listing Service (NWMLS)

APN: 83660010900