Listed by Virgil Adams Real Estate, Inc., Bought with Greene Commercial
$543,000
SOLD FEB 24, 2025

3714 Wesley Loop NW Olympia, WA 98502

4 Beds
4 Baths
1,956 Sq Ft
0.35 Acres

Recently Sold

$278 Per Sq Ft

1% Below List Price

58 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Patio
  • Jefferson Middle School Rated A
  • Thermal Windows
  • Vinyl Plank Flooring

About This Home

As of February 2025

Cooper Point area Duplex! Finally the investment property you've been looking for... Well maintained, updated, great location and easy to move in as owner occupied! Built in 1971, each unit offers 2 bed, 1.5 bath, 978sf & storage space. Units feature laminate or LVP flooring, ductless heat pump, vinyl windows, fireplace & appliances included. Full bathrooms are big & both bath have tile floors, kitchens are spacious w/tile backsplash. Each unit has a carport space and storage closet. Outbuilding could generate extra income for storage needs. This property boasts a unique layout that provides privacy for each unit. The back unit borders a forested area w/cedars & vibrant rhododendrons. Close to schools, shopping, freeway, parks and more!

Last Agent to Sell the Property

Rick Wilson

Virgil Adams Real Estate, Inc. License #72711 Listed on: 11/14/2024

Co-Listed By

Duncan Pidone

Virgil Adams Real Estate, Inc. License #22007182

Last Buyer's Agent

Quint Newell

Greene Commercial License #113575

Greene Commercial

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2310117

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,694

Year Built

  • Built in 1971

Lot Details

  • 0.35 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Leland P Brown Elementary School
  • Jefferson Mid Middle School
  • Capital High School

Utilities

  • Ductless Heating Or Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42460001700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,694

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1956
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 185

Interior Features

  • Possible Use: Residential
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank
  • Interior Amenities: Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Tile
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • 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: Septic Tank
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: PUD
  • CableConnected: comcast
  • InternetConnected: xfinity
  • WaterSewerGarbage: 2448

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 42460001700
  • Lot Size Acres: 0.3537
  • Lot Size Sq Ft: 15409
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: County

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 2675

Multi Family

  • Gross Scheduled Income: 32100
  • Net Operating Income: 23541
  • Number Of Units Total: 2
  • Insurance Expense: 1417
  • Leasable Area: 1956
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4694

MLS Schools

  • Elementary School: Leland P Brown Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jan 23, 2025
Sold by
Atkins-Mackie Ashley Nicole and Mackie Richard D
Bought by
3714 Wesley Loop Nw Llc
Seller's Agent
Rick Wilson
Virgil Adams Real Estate, Inc.
Buyer's Agent
Quint Newell
Greene Commercial
List Price
$550,000
Sold Price
$543,000
Premium/Discount to List
-$7,000
-1.27%
Views
138
Current Estimated Value
$538,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,033
Avg. Annual Appreciation
1.50%
Original Mortgage
$271,500
Outstanding Balance
$271,047
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$275,429

Purchase Details

Listed on
May 29, 2015
Closed on
Oct 30, 2015
Sold by
Nowell Robert T
Bought by
Atkins Ashley Nicole and Mackie Richard D
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$235,653
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $543,000 Chicago Title
Warranty Deed $239,719 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,500 New Conventional
Previous Owner $225,500 New Conventional
Previous Owner $235,653 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $543,000 -1.3% $278 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
11/14/2024 11/14/24 For Sale $550,000 +129.2% $281 / Sq Ft
11/04/2015 11/04/15 Sold $240,000 -7.3% $123 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $259,000 -- $132 / 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 $4,694 $544,900 $271,600 $273,300
2023 $4,694 $414,000 $164,800 $249,200
2022 $4,015 $415,400 $163,400 $252,000
2021 $4,586 $313,900 $124,400 $189,500
2020 $4,573 $327,500 $74,800 $252,700
2019 $3,378 $319,400 $133,800 $185,600
2018 $3,615 $256,800 $99,000 $157,800
2017 $3,352 $245,700 $73,000 $172,700
2016 $2,664 $200,900 $69,000 $131,900
2014 -- $190,950 $77,950 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2310117

Northwest Multiple Listing Service (NWMLS)

APN: 42460001700