Listed by Windermere RE/Himlie, Bought with Coldwell Banker Evergreen
NOT LISTED FOR SALE

3516 6th Ave NW Olympia, WA 98502

Estimated Value: $595,000 - $627,000

4 Beds
2 Baths
1,888 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $210,000 $111 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,518/month

45 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 5-minute walk to Grass Lake Nature Park
  • Thurgood Marshall Middle School Rated A-
  • 1-Story Property

About This Home

As of November 2014

Great older duplex with solid rental history in a convenient Westside neighborhood. Both units 2 bedroom / 2 bath homes with garages. Lots of elbow room for tenants that need some gardening space. Newer composition roof, carpeting and appliances. Rural feeling with easy access to highways, TESC, SPSCC and Olympia Schools.

Last Agent to Sell the Property

Jeff Conklin

Windermere RE/Himlie License #4186 Listed on: 07/15/2014

Windermere RE/Himlie

Co-Listed By

Andy Conklin

Windermere RE/Himlie License #37195

Last Buyer's Agent

Dan Barrett

Coldwell Banker Evergreen License #34989

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 674480

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1978

Lot Details

  • 0.47 Acre Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Mclane Elementary School
  • Thurgoodmarshallmi Middle School
  • Capital High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Heritage West Condos
  • Westside Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 53830000600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,182

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Heritage West
  • New Construction: No
  • CalculatedSquareFootage: 1888
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Heritage West
  • WaterSewerGarbage: 1295

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: ThurgoodMarshallMi

Lot Info

  • Parcel Number: 53830000600
  • Lot Size Acres: 0.4654
  • Lot Size Sq Ft: 20273
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1590

Multi Family

  • Gross Scheduled Income: 19080
  • Net Operating Income: 11265
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1888
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2182

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Coleman Daniel and Coleman Keli
Bought by
Lewand Chandler Siegfried and Lewand Marie Oakes
Current Estimated Value
$604,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,324
Outstanding Balance
$426,231
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$177,787

Purchase Details

Closed on
Nov 1, 2018
Sold by
Coleman Daniel
Bought by
Coleman Daniel and Coleman Keli

Purchase Details

Closed on
Jun 29, 2018
Sold by
Coleman Brandy M
Bought by
Coleman Daniel R

Purchase Details

Listed on
Jul 15, 2014
Closed on
Nov 10, 2014
Sold by
Bolender John A and Bolender Wendy J
Bought by
Coleman Daniel R and Coleman Brandy Mccain
Seller's Agent
Jeff Conklin
Windermere RE/Himlie
Buyer's Agent
Dan Barrett
Coldwell Banker Evergreen
List Price
$224,500
Sold Price
$210,000
Premium/Discount to List
-$14,500
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$210,000
Interest Rate
4.16%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lewand Chandler Siegfried $479,000 Stewart
Coleman Daniel -- None Available
Coleman Daniel R -- None Available
Coleman Daniel R $210,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewand Chandler Siegfried $470,324
Previous Owner Coleman Daniel R $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2014 11/13/14 Sold $210,000 -6.5% $111 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $224,500 -- $119 / 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 $4,286 $474,000 $271,600 $202,400
2023 $4,286 $409,600 $226,600 $183,000
2022 $5,225 $461,000 $281,400 $179,600
2021 $3,789 $425,300 $267,800 $157,500
2020 $4,313 $284,700 $108,200 $176,500
2019 $2,973 $316,700 $191,100 $125,600
2018 $3,005 $216,500 $92,700 $123,800
2017 $2,949 $228,250 $101,250 $127,000
2016 $2,160 $174,400 $66,500 $107,900
2014 -- $166,750 $74,650 $92,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 674480

Northwest Multiple Listing Service (NWMLS)

APN: 53830000600