$660,000
SOLD MAR 7, 2025

2832 Wilderness Dr SE Unit M Olympia, WA 98501

Wilderness Neighborhood
5 Beds
2 Baths
2,712 Sq Ft
0.32 Acres

Recently Sold

$243 Per Sq Ft

4% Below List Price

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
  • Cumulative Days on Market: 171

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 Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

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
  • WaterSewerGarbage: 725

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
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

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

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 39981
  • Number Of Units Total: 2
  • Insurance Expense: 950
  • Leasable Area: 2712
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5444

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%
Total Days on Market
110
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.58%
Original Mortgage
$681,780
Outstanding Balance
$681,217
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$17,450
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $660,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $681,780 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • Chris Nye

    Seller's Agent in 2025

    Chris Nye

    MLS4owners.com

    (253) 460-1900

    1 in this area

    979 Total Sales

    Chris Nye
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2303034

Northwest Multiple Listing Service (NWMLS)

APN: 83660010900

Washington Thurston County Olympia 98501 Wilderness

2832 Wilderness Dr SE Unit M, Olympia, WA

This home is located at 2832 Wilderness Dr SE Unit M, Olympia, WA 98501 and is currently priced at $660,000, approximately $243 per square foot. This property was built in 1974. 2832 Wilderness Dr SE Unit M is a home located in Thurston County with nearby schools including Centennial 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) 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. ©2025 NWMLS.

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