Listed by Coldwell Banker Evergreen, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

322 Bing St NW Unit 24 Olympia, WA 98502

Estimated Value: $489,667 - $608,000

4 Beds
4 Baths
1,938 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $225,000 $116 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,356/month

37 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Wood Siding
  • Jefferson Middle School Rated A
  • High Speed Internet
  • 5-minute walk to Sunrise Park

About This Home

As of September 2015

Well located in Olympia's Westside, this well built duplex offers many amenities to ensure a stable income. 2 bedrooms & full bath are upstairs AND 1/2 bath on main -- an upgrade compared to the competition. New Windows. Fam Rms feature wood burning fireplaces w/tile flooring accents. Kitchen w/eating nook &dishwasher, designed for efficiency. Private side yards on corner lot, sliding glass doors accessing the patio from the Kitchen. Washer/Dryer w/each unit. Attached Carports. City Utilities.

Last Agent to Sell the Property

Scott Euteneier

Coldwell Banker Evergreen License #52691 Listed on: 07/08/2015

Coldwell Banker Evergreen

Last Buyer's Agent

Jorge Ruiz

Van Dorm Realty, Inc License #81330

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 816101

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1977

Lot Details

  • 7,205 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,938 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Garfield Elementary School
  • Jefferson Mid Middle School
  • Capital High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Ss 5086 Condos
  • Westside Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 09300037001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,209

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: SS-5086
  • New Construction: No
  • CalculatedSquareFootage: 1938
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 356

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Jefferson Mid

Lot Info

  • Parcel Number: 09300037001
  • Lot Size Acres: 0.1654
  • Lot Size Sq Ft: 7205
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Net Operating Income: 14803
  • Number Of Units Total: 6
  • Insurance Expense: 1428
  • Leasable Area: 1938
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2209

MLS Schools

  • Elementary School: Garfield Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2018
Sold by
Mcgill Michele Lynn and Belt Virginia Lee Mckemie
Bought by
Oxford Texas Llc
Total Days on Market
37
Current Estimated Value
$549,188

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 31, 2015
Sold by
Nisbet Charles T and Nisbet Sandra L
Bought by
Mckemie Belt Virginia L and Mcgill 2014 Trust
Seller's Agent
Scott Euteneier
Coldwell Banker Evergreen
Buyer's Agent
Jorge Ruiz
Van Dorm Realty, Inc
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Source: Public Records

Range of Values:

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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
Oxford Texas Llc -- None Available
Belt Virginia Lee Mckemie -- None Available
Mckemie Belt Virginia L $224,719 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $225,000 -4.2% $116 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $234,900 -- $121 / 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 $4,192 $513,300 $271,600 $241,700
2023 $4,192 $400,600 $182,300 $218,300
2022 $3,711 $393,900 $180,900 $213,000
2021 $4,076 $310,400 $122,900 $187,500
2020 $3,753 $315,600 $105,800 $209,800
2019 $3,337 $283,400 $136,700 $146,700
2018 $3,445 $255,700 $111,200 $144,500
2017 $2,717 $217,250 $71,050 $146,200
2016 $2,209 $187,900 $70,800 $117,100
2014 -- $176,350 $79,450 $96,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Scott Euteneier

    Coldwell Banker Evergreen Olympic Realty, Inc.

    Section Image
  • Jorge Ruiz

    Buyer's Agent in 2015

    Jorge Ruiz

    Van Dorm Realty, Inc

    (360) 485-9110

    49 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 816101

Northwest Multiple Listing Service (NWMLS)

APN: 09300037001

Washington Thurston County Olympia 98502

322 Bing St NW Unit 24, Olympia, WA

This home is located at 322 Bing St NW Unit 24, Olympia, WA 98502 since 08 July 2015 and is currently estimated at $555,667, approximately $286 per square foot. This property was built in 1977. 322 Bing St NW Unit 24 is a home located in Thurston County with nearby schools including Garfield Elementary School, Jefferson Middle School, and Capital 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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