Listed by John L. Scott Dupont, Bought with Cycle Real Estate Inc.
NOT LISTED FOR SALE

406 Bungalow Dr NW Olympia, WA 98502

Estimated Value: $376,000 - $442,000

2 Beds
3 Baths
2,550 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $395,000 $155 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,467/month

57 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Wall to Wall Carpet
  • Thurgood Marshall Middle School Rated A-
  • Property is Fully Fenced

About This Home

As of May 2017

Wonderful opportunity to own and invest! Great duplex style town homes located in the Grass Lake Village community. Purchase the building and take advantage of the great flexibility to owner occupy or rent with a solid rental history and no vacancies. Each unit is 2BR 2.5BA 2 story Attached 2 car garage w/ fenced yard. Located on a corner lot. HOA maintains front landscaping. Please do not disturb tenants.

Last Agent to Sell the Property

Davina Clardy

John L. Scott Dupont License #24487 Listed on: 01/31/2017

John L. Scott Dupont

Last Buyer's Agent

Dan Pate

Cycle Real Estate Inc. License #13805

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1072460

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 2004

Lot Details

  • 7,850 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Grass Lake Village Condos
  • Westside Subdivision

Listing and Financial Details

  • Tax Lot 26 and 27
  • Assessor Parcel Number 51450002600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,668

Year Built

Built in 2004

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Grass Lake Village
  • New Construction: No
  • CalculatedSquareFootage: 2550
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Association Fee: 70
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 51450002600
  • Lot Size Acres: 0.1802
  • Lot Size Sq Ft: 7850
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Patio,Sprinkler System
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 26 and 27

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2495

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4668

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Apr 27, 2017
Sold by
Capstone Homes Inc
Bought by
Fuh Llc
Seller's Agent
Davina Clardy
John L. Scott Dupont
Buyer's Agent
Dan Pate
Cycle Real Estate Inc.
List Price
$405,000
Sold Price
$395,000
Premium/Discount to List
-$10,000
-2.47%
Current Estimated Value
$412,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,421
Avg. Annual Appreciation
0.51%
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
Fuh Llc $394,719 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $395,000 -2.5% $155 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/12/2017 03/12/17 For Sale $405,000 0.0% $159 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/11/2017 02/11/17 Price Changed $405,000 0.0% $159 / Sq Ft
02/11/2017 02/11/17 For Sale $405,000 +2.5% $159 / Sq Ft
02/02/2017 02/02/17 Off Market $395,000 -- --
01/31/2017 01/31/17 For Sale $428,000 -- $168 / 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 $3,504 $352,800 $87,500 $265,300
2023 $3,504 $334,700 $67,300 $267,400
2022 $3,339 $327,900 $51,400 $276,500
2021 $2,980 $279,200 $44,200 $235,000
2020 $3,037 $230,500 $56,700 $173,800
2019 $2,674 $229,200 $58,500 $170,700
2018 $2,663 $197,600 $50,900 $146,700
2017 $2,479 $198,100 $44,000 $154,100
2016 $2,275 $190,250 $53,850 $136,400
2014 -- $181,650 $53,850 $127,800
Source: Public Records

Agents Affiliated with this Home

  • Davina Clardy

    Seller's Agent in 2017

    Davina Clardy

    John L. Scott

    (253) 964-7700

    75 Total Sales

    Davina Clardy
    Section Image

  • D

    Buyer's Agent in 2017

    Dan Pate

    Cycle Real Estate Inc.

    (360) 753-0916

    Dan Pate
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1072460

Northwest Multiple Listing Service (NWMLS)

APN: 51450002600

Washington Thurston County Olympia 98502

406 Bungalow Dr NW, Olympia, WA

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Based on information submitted to the MLS GRID

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