NOT LISTED FOR SALE

314 Quince St NE Olympia, WA 98506

6 Beds
4 Baths
3,328 Sq Ft
6,450 Sq Ft Lot

Last Sold January 30, 2018

Last sale price $370,000 $111 Per Sq Ft

1 Day on Market

Highlights

  • Territorial View
  • Corner Lot
  • Wood Siding
  • Reeves Middle School Rated A-
  • High Speed Internet
  • 4-minute walk to East Bay Waterfront Park

About This Home

As of January 2018

Great location for this 4 Unit Multi-family investment property. Easy access to Swan-Town Marina & downtown Olympia. Don't miss out on the opportunity to own this solid investment property. Property owned by an advocate for affordable rents & kept the rents lower than market rate. Coin washer & dryer located on property. Uncovered parking behind the building. Tenants are occupying all units.Please don't disturb the tenants. Interior viewing with approved offer. Estate sale, AS-IS

Last Agent to Sell the Property

Bobbi Kelly

Bayleaf Realty License #25971 Listed on: 01/10/2018

Last Buyer's Agent

Jim Oviedo

Van Dorm Realty, Inc License #98326

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1231831

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1970

Lot Details

  • 6,450 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Bigelow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 81500001400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,836

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3328
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 275

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 3936

Schools

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

Lot Info

  • Parcel Number: 81500001400
  • Lot Size Acres: 0.1481
  • Lot Size Sq Ft: 6450
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 22775
  • Number Of Units Total: 5
  • Electric Expense: 363
  • Insurance Expense: 1290
  • Leasable Area: 3328
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2836

MLS Schools

  • Elementary School: RooseveltElem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2018 01/30/18 Sold $370,000 +13.8% $111 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $325,000 -- $98 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1231831

Northwest Multiple Listing Service (NWMLS)