Listed by Realty One Group Bold, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

4518 Sleater Kinney Rd NE Olympia, WA 98506

Estimated Value: $633,746 - $826,000

5 Beds
2 Baths
2,520 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $599,000 $238 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,199/month

129 Days on Market

Highlights

  • Greenhouse
  • Wood Burning Stove
  • Patio
  • Deck
  • No HOA
  • Stone Flooring

About This Home

As of August 2023

Home with a totally separate unit in the daylight basement. Rent one and live in the other….Or great set up for anyone who needs someone close by….Or just rent as a duplex. Recently reroofed and attic insulation replaced. Upper unit is a 3 bedroom, 2 bath. Lower unit is 2 bedroom, 1 bath. And there is a separate storage room. Both have a washer/dryer included. Present owner has always had both units rented. Vacant now for cleanup, repairs, and sale. Reviewing offers on Friday.

Last Agent to Sell the Property

Robert Elvin

Realty One Group Bold License #92410 Listed on: 03/14/2023

Realty One Group Bold

Last Buyer's Agent

Laura Lundin

Abbey Realty Inc License #24684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2044573

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 1962

Lot Details

  • 0.92 Acre Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Stone
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11932120100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,407

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2520
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Stone, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove/Free Standing, Wall Unit(s)
  • Heating Yn: Yes
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterSewerGarbage: 1200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 1860

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 11932120100
  • Lot Size Acres: 0.92
  • Lot Size Sq Ft: 40075
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Green House,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.3
  • LeasedItems: None
  • TotalMonthlyIncome: 4190

Multi Family

  • Gross Scheduled Income: 50280
  • Net Operating Income: 42673
  • Number Of Units Total: 2
  • Electric Expense: 540
  • Insurance Expense: 600
  • Leasable Area: 2520
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Aug 17, 2023
Sold by
Auston Mel and Auston Tawn Holstra
Bought by
Mcaloon Rachel Marie
Seller's Agent
Robert Elvin
Realty One Group Bold
Buyer's Agent
Laura Lundin
Abbey Realty Inc
List Price
$599,999
Sold Price
$599,000
Premium/Discount to List
-$999
-0.17%
Views
497
Current Estimated Value
$712,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,187
Avg. Annual Appreciation
8.47%
Original Mortgage
$588,150
Outstanding Balance
$575,118
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$137,069

Purchase Details

Closed on
Oct 4, 2011
Sold by
Holstra Tawn Elaine
Bought by
Auston Mel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 2005
Sold by
Ferrara Clinton and Kiliona Joel
Bought by
Ferrara Clinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
7.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2002
Sold by
Ferrara Paula
Bought by
Ferrara Clint

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.05%

Purchase Details

Closed on
Oct 12, 2002
Sold by
Linzee John W and Linzee Dorothy A
Bought by
Ferrara Clint and Kiliona Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.05%
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
Mcaloon Rachel Marie $599,000 Aegis Land Title
Auston Mel -- First American Title
Auston Mel $110,325 First American Title
Ferrara Clinton -- Chicago Title Co
Ferrara Clint -- First American Title
Ferrara Clint $125,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcaloon Rachel Marie $588,150
Previous Owner Auston Mel $115,000
Previous Owner Ferrara Clinton $229,000
Previous Owner Ferrara Clint $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $599,000 -0.2% $238 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $599,999 +0.2% $238 / Sq Ft
06/30/2023 06/30/23 Off Market $599,000 -- --
05/23/2023 05/23/23 Price Changed $599,999 -3.1% $238 / Sq Ft
05/22/2023 05/22/23 For Sale $619,000 +3.3% $246 / Sq Ft
05/19/2023 05/19/23 Off Market $599,000 -- --
03/14/2023 03/14/23 For Sale $619,000 -- $246 / 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 $5,075 $662,500 $271,600 $390,900
2023 $5,075 $515,800 $184,900 $330,900
2022 $4,884 $336,000 $91,700 $244,300
2021 $4,038 $412,400 $165,500 $246,900
2020 $3,536 $314,800 $138,700 $176,100
2019 $3,827 $282,000 $92,600 $189,400
2018 $3,771 $274,300 $78,400 $195,900
2017 $3,296 $247,100 $86,100 $161,000
2016 $2,968 $218,550 $75,650 $142,900
2014 -- $216,000 $73,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2044573

Northwest Multiple Listing Service (NWMLS)

APN: 11932120100