Listed by Virgil Adams Real Estate, Inc., Bought with Pellego, Inc.
NOT LISTED FOR SALE

4330 Ridgewood Ct NW Unit A Olympia, WA 98502

Estimated Value: $504,000 - $653,000

4 Beds
2 Baths
2,116 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $530,000 $250 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,398/month

6 Days on Market

Highlights

  • Patio
  • Vinyl Plank Flooring
  • Wood Siding
  • Jefferson Middle School Rated A
  • High Speed Internet
  • 1-Story Property

About This Home

As of December 2021

Cooper Point investment opportunity! Nice duplex located at the end of the street with lots of privacy. Unit A, has long term tenants, had new paint, carpet and a remodeled bathroom (down to the subfloor) in 2018. Unit B was completely refurnished in 2021. New paint, flooring bathroom with custom tile shower surround, doors and millwork. Exterior was painted in 2015, new gutters in 2015 and a30-year roof installed in 2012. Owner only pays for septic pumping. Each unit is 2 BR, 1 BA with lots of storage and a separate utility room off the garage. All appliances included! This duplex has been maintained at a high level.

Last Agent to Sell the Property

Paul Oczkewicz

Virgil Adams Real Estate, Inc. License #47964 Listed on: 10/26/2021

Last Buyer's Agent

John Adams

Pellego, Inc. License #111527

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1858210

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1978

Lot Details

  • 0.45 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Ridgewood Replat Condos
  • Cooper Point Subdivision

Listing and Financial Details

  • Tax Lot 7B
  • Assessor Parcel Number 70730000702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,096

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ridgewood Replat
  • New Construction: No
  • CalculatedSquareFootage: 2116
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

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: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electric, Wood
  • PowerCompany: PSE
  • WaterCompany: Thurston County PUD
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 70730000702
  • Lot Size Acres: 0.4459
  • Lot Size Sq Ft: 19422
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet,Patio
  • MLSLotSizeSource: County records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 7B

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 35487
  • Number Of Units Total: 2
  • Insurance Expense: 513
  • Leasable Area: 2116
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4096

MLS Schools

  • Elementary School: Leland P Brown Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 18, 2021
Sold by
Mcreynolds Charles and Mcreynolds Cynthia
Bought by
Oliver Timothy
Seller's Agent
Paul Oczkewicz
Virgil Adams Real Estate, Inc.
Buyer's Agent
John Adams
Pellego, Inc.
List Price
$515,000
Sold Price
$530,000
Premium/Discount to List
$15,000
2.91%
Current Estimated Value
$572,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,333
Avg. Annual Appreciation
2.02%
Original Mortgage
$542,190
Outstanding Balance
$497,851
Interest Rate
3.14%
Mortgage Type
VA
Estimated Equity
$74,482

Purchase Details

Closed on
Dec 22, 2020
Sold by
Mcreynolds Charles
Bought by
Mcreynolds Charles and Mcreynolds Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,700
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Aug 27, 2007
Sold by
Welsh Michael and Welsh Sharon
Bought by
Mcreynolds Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,655
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
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
Oliver Timothy $530,000 Chicago Title
Mcreynolds Charles -- Chicago Title Lacey
Mcreynolds Charles $244,900 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Timothy $542,190
Previous Owner Mcreynolds Charles $190,700
Previous Owner Mcreynolds Charles $232,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $530,000 +2.9% $250 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $515,000 -- $243 / 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 $4,363 $523,100 $271,600 $251,500
2023 $4,363 $383,800 $170,400 $213,400
2022 $3,472 $344,300 $130,000 $214,300
2021 $4,095 $269,700 $108,200 $161,500
2020 $3,858 $291,200 $75,200 $216,000
2019 $2,863 $267,700 $108,800 $158,900
2018 $2,988 $210,400 $87,000 $123,400
2017 $2,807 $203,900 $67,000 $136,900
2016 $2,426 $172,550 $57,850 $114,700
2014 -- $173,050 $65,350 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1858210

Northwest Multiple Listing Service (NWMLS)

APN: 70730000702