Listed by Virgil Adams Real Estate, Inc., Bought with Blue Summit Realty LLC
NOT LISTED FOR SALE

426 Craftsman Dr NW Olympia, WA 98502

Estimated Value: $657,213 - $772,000

4 Beds
2 Baths
2,727 Sq Ft
$268/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $475,000 $174 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,372/month

2 Days on Market

Highlights

  • Deck
  • Territorial View
  • Corner Lot
  • Thurgood Marshall Middle School Rated A-
  • Wood Flooring
  • High Speed Internet

About This Home

As of January 2021

Newer duplex opportunity in desirable Grass Lake Village. One side is rented and the other is vacant so is prime for owner occupancy. Attached 1-car garages and gas forced air heat. Low maintenance back yards with decks. Open concept floor plans with vaulted ceilings. Main floor master suites with walk-in closets. Upper level guest bedrooms are spacious with walk-in closets and private bathrooms. Rents are at $1495 monthly. Great schools and so close to everything!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 11/04/2020

Last Buyer's Agent

Kevin Welch

Blue Summit Realty LLC License #118004

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1686145

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 2004

Lot Details

  • 6,167 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,727 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck

Schools

  • Mclane Elementary School
  • Marshall Middle School
  • Capital High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 51450009300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,806

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2727
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 51450009300
  • Lot Size Acres: 0.1416
  • Lot Size Sq Ft: 6167
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2990

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4806

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 21, 2020
Sold by
Craftsman Drive Llc
Bought by
Welch Kevin and Welch Courtney
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Kevin Welch
Blue Summit Realty LLC
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$729,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,553
Avg. Annual Appreciation
9.37%
Original Mortgage
$356,250
Outstanding Balance
$317,226
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$412,327

Purchase Details

Closed on
Jul 6, 2011
Sold by
Schmidt Stilla T
Bought by
Craftsman Drive Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Schmidt Stilla T
Bought by
Schmidt Stilla T and Hans Rainer & Stilla T Schmidt Living Tr

Purchase Details

Closed on
Oct 20, 2004
Sold by
Capstone Homes Inc
Bought by
Schmidt Stilla T
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
Welch Kevin $475,000 Chicago Title Lacey
Craftsman Drive Llc -- None Available
Schmidt Stilla T -- --
Schmidt Stilla T -- --
Schmidt Stilla T $206,900 Transnation Title
Schmidt Stilla T $205,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Kevin $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $475,000 0.0% $174 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $475,000 -- $174 / 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 $6,414 $709,300 $271,600 $437,700
2023 $6,414 $613,400 $219,700 $393,700
2022 $5,721 $599,900 $214,500 $385,400
2021 $6,199 $478,900 $141,200 $337,700
2020 $5,193 $480,300 $103,700 $376,600
2019 $4,806 $392,400 $128,600 $263,800
2018 $4,851 $360,200 $107,200 $253,000
2017 $4,186 $335,100 $64,200 $270,900
2016 $4,417 $332,850 $67,150 $265,700
2014 -- $353,350 $75,350 $278,000
Source: Public Records

Agents Affiliated with this Home

  • Spence Weigand

    Seller's Agent in 2021

    Spence Weigand

    Virgil Adams Real Estate, Inc.

    (360) 789-3160

    136 Total Sales

    Spence Weigand
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Welch

    Blue Summit Realty LLC

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1686145

Northwest Multiple Listing Service (NWMLS)

APN: 51450009300

Washington Thurston County Olympia 98502

426 Craftsman Dr NW, Olympia, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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