NOT LISTED FOR SALE

3235 Libby Rd NE Olympia, WA 98506

Estimated Value: $541,000 - $628,724

4 Beds
2 Baths
1,572 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $350,000 $223 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,612/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • High Speed Internet
  • Reeves Middle School Rated A-
  • Patio
  • Property is in very good condition

About This Home

As of July 2018

Please, NO Dogs, No Exceptions.

Very nice Duplex on country-like setting with private walking trails! Located minutes from downtown Olympia and local amenities. 2 bedrooms/1 bath, Mud/laundry room, single car garage with plenty of storage room. Nice sized kitchen with island Jennair cooktop. Classic tongue and groove wood ceilings with exposed beams. Maintained very well. Fenced back yard with deck to entertain friends and family. A very nice neighborhood for you and your family! Peaceful, quiet, and private. Olympia school district.

Appliances include: Fridge, stove and D/W. Sliding door off of dining leads to back patio and private yard. Laundry utility room has W/D hook-ups. Double closets in master bedroom. 1-Car garage, room for storage. Electric forced air heating. Tenant pays utilities (water excluded).

Basic Requirements:
No smoking of any kind (tobacco or marijuana)
No Dogs
Proof of minimum monthly income(s) of $6,000 or more (2 paystubs)
Must setup auto pay with online system
Must pass background and credit checks
Must keep place clean
Must maintain yard
Tenant pays for all utilities.

Note: This unit is NOT listed on Craigslist; beware of scams there.

Last Agent to Sell the Property

Carla Boyer

Virgil Adams Real Estate, Inc. License #38216 Listed on: 05/24/2018

Last Buyer's Agent

Carla Boyer

Virgil Adams Real Estate, Inc. License #38216 Listed on: 05/24/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1298037

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1962

Lot Details

  • 4.43 Acre Lot
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Boston Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09010003000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,801

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1572
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 351

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Individual Well
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: well
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 09010003000
  • Lot Size Acres: 4.43
  • Lot Size Sq Ft: 192971
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential

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: 25663
  • Number Of Units Total: 2
  • Insurance Expense: 1176
  • Leasable Area: 1572
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2801

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 6, 2018
Sold by
Daab Donald L and Daab Anita L
Bought by
Lim Howard
Seller's Agent
Carla Boyer
Virgil Adams Real Estate, Inc.
Buyer's Agent
Carla Boyer
Virgil Adams Real Estate, Inc.
List Price
$334,900
Sold Price
$350,000
Premium/Discount to List
$15,100
4.51%
Current Estimated Value
$595,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,203
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
May 25, 1995
Sold by
Bisom Gary L
Bought by
Daab Donald L and Peck Daab Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
8.43%
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
Lim Howard $349,719 Thurston County Title
Daab Donald L $129,979 Commonwealth Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daab Donald L $103,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2024 09/07/24 For Rent $1,895 0.0% --
07/13/2018 07/13/18 Sold $350,000 +4.5% $223 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $334,900 -- $213 / 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 $4,242 $496,300 $271,600 $224,700
2023 $4,242 $393,900 $204,700 $189,200
2022 $3,536 $325,900 $138,200 $187,700
2021 $4,616 $291,300 $150,000 $141,300
2020 $4,855 $355,100 $166,000 $189,100
2019 $2,505 $365,200 $226,100 $139,100
2018 $2,961 $214,600 $114,500 $100,100
2017 $2,801 $208,450 $100,150 $108,300
2016 $2,050 $153,900 $56,500 $97,400
2014 -- $143,700 $63,800 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1298037

Northwest Multiple Listing Service (NWMLS)

APN: 09010003000