J
Seller's Agent in 2024
Julie Brannberg
Kenzie Properties LLC
(360) 588-5228
20 Total Sales
Listed by Kenzie Properties LLC, Bought with Better Properties N. Proctor
507 Kaiser Rd NW Unit A Olympia, WA 98502
Estimated Value: $512,000 - $654,000
--
Bed
3
Baths
1,902
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Territorial View
- Patio
- Thurgood Marshall Middle School Rated A-
- No HOA
- Vinyl Plank Flooring
About This Home
As of March 20248% Cap Rate! 3 units on 2/3 acre on Olympia's Westside. Duplex plus single family home. Unit A: 1 bed / 1 full bath w/ attached carport; Unit B: Studio Apt w/ full bath. Unit C: 2 bed / 1 full bath & loft. Updated interiors. Property has wide circular driveway w/ 4 additional parking spaces. Accessibility cannot be beat! One block to bus stop and 1/4 mile to 101 freeway. Owner will pay for professional placement of new tenants for all units. All units are currently operating as a 4.78-star Airbnbs. Furnishings can be purchased outside of closing for $10,000. Please do not disturb guests. Tours available - must be accompanied by an agent.
Last Agent to Sell the Property
Kenzie Properties LLC License #25244 Listed on: 11/17/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2180926
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,385
Year Built
- Built in 1970
Lot Details
- 0.63 Acre Lot
- Property is in good condition
Home Design
- Triplex
- Composition Roof
- Wood Siding
Interior Spaces
- 1,902 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl Plank
- Vinyl
Parking
- 6 Parking Spaces
- Open Parking
- RV Access or Parking
Outdoor Features
- Patio
- Outbuilding
Schools
- Mclane Elementary School
- Marshall Middle School
- Capital High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- Well
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Westside Subdivision
Listing and Financial Details
- Assessor Parcel Number 12817310901
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2023
Closed on
Mar 14, 2024
Sold by
Burch-Stevens Trust
Bought by
Turnbow Christy
Seller's Agent
Julie Brannberg
Kenzie Properties LLC
Buyer's Agent
Gretchen Nogler
Better Properties N. Proctor
List Price
$617,000
Sold Price
$600,000
Premium/Discount to List
-$17,000
-2.76%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,358
Avg. Annual Appreciation
-2.53%
Original Mortgage
$450,000
Outstanding Balance
$444,669
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$134,453
Purchase Details
Closed on
Jul 1, 2019
Sold by
Burch Stevens Shirlee
Bought by
Burch Stevens Shirlee and Burch Stevensburch Stevens Trust
Purchase Details
Closed on
Jul 13, 2012
Sold by
Burch Stevens Shirlee E and Stevens Brittney B
Bought by
Burch Stevens Shirlee E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,600
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 2005
Sold by
Altrum Oliver J King and Altrum Chelsea L Thomas
Bought by
Burch Stevens Shirlee E and Stevens Brittney B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 2004
Sold by
Arnold Patricia J
Bought by
Altrum Oliver J King and Altrum Chelsea L Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.12%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Turnbow Christy | $600,000 | Thurston County Title | |
| Burch Stevens Shirlee | -- | None Available | |
| Burch Stevens Shirlee E | -- | Chicago Title | |
| Burch Stevens Shirlee E | $282,000 | Stewart Title Of Western | |
| Altrum Oliver J King | $205,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Turnbow Christy | $450,000 | |
| Previous Owner | Burch Stevens Shirlee E | $198,600 | |
| Previous Owner | Burch Stevens Shirlee | $211,000 | |
| Previous Owner | Burch Stevens Shirlee E | $211,500 | |
| Previous Owner | Altrum Oliver J King | $164,000 | |
| Closed | Altrum Oliver J King | $30,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $600,000 | -2.8% | $315 / Sq Ft |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 01/08/2024 01/08/24 | For Sale | $617,000 | +2.8% | $324 / Sq Ft |
| 01/06/2024 01/06/24 | Off Market | $600,000 | -- | -- |
| 11/17/2023 11/17/23 | For Sale | $617,000 | -- | $324 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,611 | $483,300 | $214,900 | $268,400 |
| 2023 | $4,611 | $438,500 | $177,500 | $261,000 |
| 2022 | $4,719 | $437,000 | $154,200 | $282,800 |
| 2021 | $3,867 | $382,100 | $156,900 | $225,200 |
| 2020 | $3,714 | $289,200 | $117,100 | $172,100 |
| 2019 | $3,489 | $271,300 | $90,500 | $180,800 |
| 2018 | $3,609 | $258,800 | $95,900 | $162,900 |
| 2017 | $3,150 | $242,400 | $93,500 | $148,900 |
| 2016 | $2,750 | $220,200 | $85,800 | $134,400 |
| 2014 | -- | $211,100 | $85,800 | $125,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Gretchen Nogler
Better Properties N. Proctor
(253) 232-4811
30 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2180926
APN: 12817310901
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
Nearby Homes
- 507 Kaiser Rd NW Unit A,B,C
- 535 Beechwood Ct SW
- 535 Rosewood Dr SW
- 449 Woodduck Dr SW
- 4318 3rd Ave NW
- 606 Sandalwood Dr SW
- 415 Fire Willow St NW
- 4504 5th Ave NW
- 4212 5th Ave NW Unit 101
- 3526 6th Ave NW
- 3812 4th Ave NW
- 431 Craftsman Dr NW
- 513 Craftsman Dr NW
- 520 Yauger Way NW Unit B
- 511 Grass Lake St NW
- 434 Grass Lake St NW
- 4413 Hudson Ct NW
- 4415 Goldcrest Dr NW
- 3929 Westpark Ct NW
- 1613 Camden Cir SW
- 507 Kaiser Rd SW
- 4602 5th Way SW
- 4606 5th Way SW
- 4610 5th Way SW
- 447 Kaiser Rd SW
- 4614 5th Way SW
- 438 Kaiser Rd SW
- 4618 5th Way SW
- 518 Kaiser Rd SW
- 528 Beechwood Ct SW
- 4622 5th Way SW
- 527 Beechwood Ct SW
- 532 Beechwood Ct SW
- 4626 5th Way SW
- 524 Kaiser Rd SW
- 531 Beechwood Ct SW
- 528 Cherrywood Dr SW
- 4630 5th Way SW
- 536 Beechwood Ct SW
- 532 Cherrywood Dr SW