Listed by RE/MAX Northwest, Bought with Blackwell Real Estate LLC
NOT LISTED FOR SALE

4401 Saratoga Place NE Unit 5-8 Lacey, WA 98516

Pleasant Glade Neighborhood
12 Beds
4 Baths
4,308 Sq Ft
0.45 Acres

Last Sold September 26, 2013

Last sale price $340,000 $79 Per Sq Ft

100 Days on Market

Highlights

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Wood Siding
  • Deck
  • Patio

About This Home

As of September 2013

A cash cow! Can be owner occupied, FHA/VA! If you find a property with better cash flow, buy it! 3 bdrm units with dishwashers, on-site laundry, large backyard and deck/patios. Great tenant base; near St Peters Hospital, St Martin’s College, the State Capitol, Ft Lewis; no shortage of tenants with steady jobs. Rents are trending up to $3300/mo in August, $3400/mo by end of year. Extra income with laundry, currently professionally managed. Very low vacancy rate. Fully rented, good condition.

Last Agent to Sell the Property

Ted Meenk

RE/MAX Northwest License #2796 Listed on: 05/17/2013

RE/MAX Northwest

Last Buyer's Agent

Robert Slattery

Blackwell Real Estate LLC License #25765

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 489142

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,261

Year Built

  • Built in 1976

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Shake Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 4,308 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • North Thurston High School

Utilities

  • Septic Tank

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62170003900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,261

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 4308
  • Special Features: None
  • Cumulative Days on Market: 582

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Cedar Shake, Torch Down
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • WaterSewerGarbage: 2040

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High

Lot Info

  • Parcel Number: 62170003900
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 31659
  • Number Of Units Total: 4
  • Insurance Expense: 1440
  • Leasable Area: 4000
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3261

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2013 09/26/13 Sold $340,000 -2.6% $79 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $349,000 -- $81 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 489142

Northwest Multiple Listing Service (NWMLS)