Listed by NextHome Northwest Group, Bought with Windermere Northwest Living
NOT LISTED FOR SALE

5127 5129 187th Trail SW Rochester, WA 98579

Grand Mound Neighborhood

Estimated Value: $1,245,000 - $1,288,000

6 Beds
4 Baths
4,768 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $1,200,000 $252 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,564/month

7 Days on Market

Highlights

  • 1.43 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Territorial View
  • Thermal Windows
  • Forced Air Cooling System

About This Home

As of April 2024

Investors Alert! 4 Units...Well maintained single-story duplexes...Fabulous opportunity to own 2 duplexes! Each duplex offers vaulted living room, 2 full bathrooms, walk-in pantry, inside utility room, single garage & heat pump! Great rental history with low vacancy rate. Good I-5 access to Centralia and/or Olympia. Several units have been updated with laminate floors. Both buildings have fresh exterior paint. Duplex on the left side is 5127 & 5129; Duplex on the right side is 5133 & 5135. Unit # 5129 has been left empty for easy viewing. Each duplex has it own well and septic system. There is also a nice-sized storage building with well pump. Units 5127 and 5129 are 2 bedrooms with dens, and Units 5133 and 5135 are 3 bedrooms.

Last Agent to Sell the Property

Roberta Rudnick

NextHome Northwest Group License #31611 Listed on: 02/22/2024

NextHome Northwest Group

Co-Listed By

Evan Rudnick

NextHome Northwest Group License #119599

Last Buyer's Agent

Laura Yoder

Windermere Northwest Living License #94141

Windermere Northwest Living

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2199048

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,871

Year Built

  • Built in 2008

Lot Details

  • 1.43 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Quadruplex
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 4,768 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 14 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Forced Air Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rochester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31411700701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,871

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4768
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Block
  • Property Condition: Very Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well, Private
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Well
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 1248

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Rochester
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 31411700701
  • Lot Size Acres: 1.4286
  • Lot Size: 1.42 acres
  • Lot Size Sq Ft: 62232
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 93300
  • Net Operating Income: 77882
  • Number Of Units Total: 4
  • Electric Expense: 480
  • Insurance Expense: 1856
  • Leasable Area: 4768
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7871

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 4, 2024
Sold by
Holbrook Jerry
Bought by
Hahn Jeffrey
Seller's Agent
Roberta Rudnick
NextHome Northwest Group
Buyer's Agent
Laura Yoder
Windermere Northwest Living
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Views
13
Current Estimated Value
$1,267,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,346
Avg. Annual Appreciation
3.56%
Original Mortgage
$900,000
Outstanding Balance
$886,604
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$380,742

Purchase Details

Closed on
Aug 20, 2009
Sold by
Holbrook Penny
Bought by
Holbrook Jerry

Purchase Details

Closed on
Mar 26, 2009
Sold by
Holbrook Jerry
Bought by
Holbrook Jerry and Holbrook Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2006
Sold by
Turner Timothy M and Turner Susan L
Bought by
Holbrook Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2003
Sold by
Krueger Robert R and Krueger Bette E
Bought by
Turner Timothy M and Turner Susan L

Purchase Details

Closed on
Oct 26, 1999
Sold by
Krueger Robert R and Krueger Bette E
Bought by
Krueger Robert R and Krueger Bette E
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
Hahn Jeffrey $1,200,000 Thurston County Title
Holbrook Jerry -- None Available
Holbrook Jerry -- Thurston County Title
Holbrook Jerry $75,000 Stewart Title Of Western
Turner Timothy M -- First American Title
Krueger Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hahn Jeffrey $900,000
Previous Owner Holbrook Jerry $417,000
Previous Owner Holbrook Jerry $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $1,200,000 -14.3% $252 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $1,400,000 -- $294 / 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 $10,999 $1,048,900 $281,300 $767,600
2023 $10,999 $1,276,300 $147,000 $1,129,300
2022 $9,703 $980,500 $80,200 $900,300
2021 $7,314 $947,500 $113,900 $833,600
2020 $8,809 $652,800 $140,900 $511,900
2019 $6,327 $657,600 $229,400 $428,200
2018 $7,786 $543,900 $127,500 $416,400
2017 $7,418 $524,300 $103,900 $420,400
2016 $6,365 $393,600 $73,300 $320,300
2014 -- $439,700 $73,300 $366,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2199048

Northwest Multiple Listing Service (NWMLS)

APN: 31411700701