Listed by Olympic Rentals, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

4319 Quail Run Loop NW Unit A & B Olympia, WA 98502

Estimated Value: $522,000 - $607,967

4 Beds
2 Baths
2,101 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $246,500 $117 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,368/month

Highlights

  • Waterfront
  • Patio
  • 1-Story Property
  • Jefferson Middle School Rated A
  • Wall to Wall Carpet

About This Home

As of May 2014

Great investment opportunity in this well maintained West Olympia duplex. Rental income potential $1800+ per month when both units are leased. One unit is already currently rented! Private setting with old growth timber. Each unit features 2 bedrooms, 1.75 bathrooms, fireplace and attached two car garage with opener. Interior features include cedar trim vaulted ceilings and fresh paint. The Quail Run community features a private 2 acre park with picnic area.

Last Agent to Sell the Property

Todd Monohon

Olympic Rentals License #24273 Listed on: 04/01/2014

Last Buyer's Agent

Barbara Muirhead

Van Dorm Realty, Inc License #78631

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 611444

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1983

Lot Details

  • 0.41 Acre Lot
  • Waterfront
  • Property is in average condition

Parking

  • 4 Covered Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,101 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 69840001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,936

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2101
  • 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
  • Lot Features: Paved
  • View: No
  • Waterfront Features: Bank-High
  • Waterfront: Yes
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 69840001000
  • Lot Size Acres: 0.4059
  • Lot Size Sq Ft: 17680
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 10

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 920

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2936

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2101
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 14, 2014
Sold by
Gallant Group Investments General Partne
Bought by
Neely Brandon M and Neely Anita M
Seller's Agent
Todd Monohon
Olympic Rentals
Buyer's Agent
Barbara Muirhead
Van Dorm Realty, Inc
List Price
$249,950
Sold Price
$246,500
Premium/Discount to List
-$3,450
-1.38%
Current Estimated Value
$559,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,242
Avg. Annual Appreciation
7.45%
Original Mortgage
$184,875
Outstanding Balance
$141,159
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$418,583

Purchase Details

Closed on
Jul 17, 2007
Sold by
Merle Debora and Gallant Julie
Bought by
Gallant Group Investments General Partne

Purchase Details

Closed on
Sep 10, 2003
Sold by
Gallant Helen M
Bought by
Gallant Helen M

Purchase Details

Closed on
Aug 27, 2003
Sold by
Hartman Katherine G
Bought by
Gallant Helen M
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
Neely Brandon M $246,500 First American Title
Gallant Group Investments General Partne -- None Available
Merle Debora -- None Available
Gallant Helen M -- Thurston County Title Co
Gallant Helen M $232,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neely Brandon M $184,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2014 05/20/14 Sold $246,500 -1.4% $117 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $249,950 -- $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 $4,798 $571,100 $271,600 $299,500
2023 $4,798 $423,500 $169,800 $253,700
2022 $4,196 $425,400 $170,600 $254,800
2021 $4,651 $328,600 $136,500 $192,100
2020 $4,715 $332,300 $75,300 $257,000
2019 $3,407 $329,700 $140,600 $189,100
2018 $3,661 $260,200 $101,600 $158,600
2017 $3,439 $252,350 $79,050 $173,300
2016 $3,153 $214,450 $69,650 $144,800
2014 -- $227,850 $78,650 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 611444

Northwest Multiple Listing Service (NWMLS)

APN: 69840001000