NOT LISTED FOR SALE

3429 Shincke Rd NE Olympia, WA 98506

Estimated Value: $270,809

-- Bed
3 Baths
1,632 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $250,000 $153 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,617/month

14 Days on Market

Highlights

  • No HOA
  • Geothermal Energy System
  • 1-Story Property

About This Home

As of September 2022

Zoned Rural Commercial with many practical applications. This vacant property is on record with the county assessor as being a duplex, with an office. Its current interior configuration is that of Duplex. It has also been used as storage warehouse. The county has land use as automotive. (although never used as such) Property is served by septic and well, the septic requires a septic tank replacement. Application has been made for this replacement. Structure requires a complete remodel. Two car garage and duplex configuration, plus small office. Building is concrete block.

Last Agent to Sell the Property

Paul McLain

RE/MAX Parkside Affiliates License #19412 Listed on: 07/12/2022

RE/MAX Parkside Affiliates

Last Buyer's Agent

Paul McLain

RE/MAX Parkside Affiliates License #19412 Listed on: 07/12/2022

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1967366

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1938

Lot Details

  • 0.29

Home Design

  • Duplex
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Geothermal Energy System
  • 0.29 Acre Lot

Community Details

  • No Home Owners Association
  • South Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11806111000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,157

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1938
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1632
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 365

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • 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
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Septic System, Geothermal, Individual Well
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 11806111000
  • Lot Size Acres: 0.2853
  • Lot Size Sq Ft: 12429
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: County
  • ZoningClass: Commercial

Green Features

  • Power Production Type: Geothermal

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1157

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1632
  • EnergySource: Geothermal
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 100

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 7, 2022
Sold by
Helstrom Robert L and Helstrom Yvonne E
Bought by
Laroque Mark E and Laroque Kyong
Seller's Agent
Paul McLain
RE/MAX Parkside Affiliates
Buyer's Agent
Paul McLain
RE/MAX Parkside Affiliates
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$270,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,809
Avg. Annual Appreciation
1.63%
Original Mortgage
$200,000
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 3, 2008
Sold by
Sackett Barbara Jo
Bought by
Helstrom Robert L and Helstrom Yvonne E
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
Laroque Mark E -- Thurston County Title
Helstrom Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laroque Mark E $200,000
Closed Laroque Mark E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $250,000 0.0% $153 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $250,000 -- $153 / 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 $1,686 $166,100 $122,100 $44,000
2023 $1,686 $167,900 $120,600 $47,300
2022 $1,157 $123,100 $67,200 $55,900
2021 $1,703 $92,900 $57,900 $35,000
2020 $1,531 $130,400 $102,100 $28,300
2019 $1,093 $119,900 $106,900 $13,000
2018 $1,496 $106,800 $93,500 $13,300
2017 $1,630 $121,050 $107,550 $13,500
2016 $1,155 $82,250 $73,850 $8,400
2014 -- $82,150 $73,850 $8,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1967366

Northwest Multiple Listing Service (NWMLS)

APN: 11806111000