Listed by Blue Summit Realty LLC, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

4524 4526 5th Ave NW Olympia, WA 98502

Estimated Value: $333,000 - $605,000

2 Beds
2 Baths
2,860 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $571,000 $200 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,743/month

51 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Wood Siding
  • Thurgood Marshall Middle School Rated A-
  • Corner Lot
  • 4-minute walk to Grass Lake Nature Park

About This Home

As of November 2020

Great location! 2 separate parcel numbers on this great newer duplex in NW Olympia, featuring a 3 bedroom, 2.5 bath, 1532 sq ft on left side and 2 bedroom, 2.5 bath, 1328 sq ft on the right side. Easy commute to FWY, shopping, restaurants. Units offer laminate floors, kitchen has quartz counter tops, SS appliances, wall to wall carpet upstairs in the bedrooms. Nice fenced back yards. Units is being sold together.

Last Agent to Sell the Property

Denice Durila

Blue Summit Realty LLC License #79080 Listed on: 08/17/2020

Last Buyer's Agent

Kathy Holt

John L. Scott, Inc. License #27535

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1648733

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 2011

Lot Details

  • 6,505 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33560011200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

Year Built

Built in 2011

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2011
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2860
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected

Condo/Co-op/Association

  • Association Fee: 1920
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 33560011200
  • Lot Size Acres: 0.1493
  • Lot Size Sq Ft: 6505
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: PR

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5137

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 9, 2020
Sold by
Capitol City Propertis Llc
Bought by
Conway Jerry and Roeloffzen Edmee B
Seller's Agent
Denice Durila
Blue Summit Realty LLC
Buyer's Agent
Kathy Holt
John L. Scott, Inc.
List Price
$575,000
Sold Price
$571,000
Premium/Discount to List
-$4,000
-0.7%
Current Estimated Value
$440,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,924
Avg. Annual Appreciation
-5.11%

Purchase Details

Closed on
Feb 25, 2020
Sold by
Olson Phillip A
Bought by
Capitol City Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2017
Sold by
Synergy 360 Investments Llc
Bought by
Olson Phillip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,375
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2017
Sold by
Olson Michelle
Bought by
Olson Phillip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,375
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2011
Sold by
Northwest Family Homes Inc
Bought by
Synergy 360 Investments Llc

Purchase Details

Closed on
May 5, 2010
Sold by
First Citizens Bank & Trust
Bought by
Nw Family Homes Inc

Purchase Details

Closed on
Nov 19, 2009
Sold by
Bay Hill Llc
Bought by
First Citizens Bank & Trust Company and Venture Bank

Purchase Details

Closed on
Aug 6, 2009
Sold by
Bay Hill Llc
Bought by
Venture Bank

Purchase Details

Closed on
Jun 17, 2009
Sold by
Bay Hill Llc
Bought by
Venture Bank

Purchase Details

Closed on
Jan 4, 2007
Sold by
Bayhill Partners Llc
Bought by
Bay Hill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,560,000
Interest Rate
6.17%
Mortgage Type
Construction
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
Conway Jerry $571,000 Thurston County Title
Capitol City Properties Llc $425,000 Fatco
Olson Phillip A $352,219 None Available
Olson Phillip A -- None Available
Synergy 360 Investments Llc -- None Available
Nw Family Homes Inc $35,000 Chicago Title Company
First Citizens Bank & Trust Company $1,655,622 None Available
Venture Bank -- None Available
Venture Bank -- None Available
Bay Hill Llc $80,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capitol City Properties Llc $425,000
Previous Owner Olson Phillip A $264,375
Previous Owner Bay Hill Llc $8,560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $571,000 -0.7% $200 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $575,000 0.0% $201 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $575,000 -2.5% $201 / Sq Ft
09/14/2020 09/14/20 Price Changed $589,988 -1.7% $206 / Sq Ft
08/17/2020 08/17/20 For Sale $599,988 -- $210 / 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 $3,354 $338,800 $108,600 $230,200
2023 $3,354 $320,300 $83,500 $236,800
2022 $3,111 $302,000 $63,800 $238,200
2021 $2,770 $260,100 $57,300 $202,800
2020 $2,707 $214,200 $63,800 $150,400
2019 $2,371 $204,200 $55,700 $148,500
2018 $2,296 $170,300 $42,900 $127,400
2017 $2,051 $163,800 $38,200 $125,600
2016 $1,856 $156,350 $44,050 $112,300
2014 -- $148,050 $44,050 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1648733

Northwest Multiple Listing Service (NWMLS)

APN: 33560011200