$630,000
SOLD JUL 17, 2024

539 16th Ave SE Unit 541 Olympia, WA 98501

South Capitol Neighborhood
-- Bed
-- Bath
2,140 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

Highlights

  • No HOA
  • Wood Siding
  • 1-Story Property
  • Lincoln Elementary School Rated A-

About This Home

As of July 2024

This home is located at 539 16th Ave SE Unit 541, Olympia, WA 98501 and is currently priced at $630,000, approximately $294 per square foot. This property was built in 1983. 539 16th Ave SE Unit 541 is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington Middle School, and Avanti High School.

Last Agent to Sell the Property

Noe Quezada

BHGRE - Northwest Home Team License #22008948 Listed on: 07/17/2024

BHGRE - Northwest Home Team

Last Buyer's Agent

Noe Quezada

BHGRE - Northwest Home Team License #22008948 Listed on: 07/17/2024

BHGRE - Northwest Home Team

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2267071

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,987

Year Built

  • Built in 1983

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • 1-Story Property
  • 8,276 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Capital Campus Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09690026000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,987

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel Number: 09690026000
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Multi Family

  • Leasable Area: 2140
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Jul 16, 2024
Sold by
Randich Michael J and Randich Susan L
Bought by
Jallo Emma and Carlson Kyler
Seller's Agent
Noe Quezada
BHGRE - Northwest Home Team
Buyer's Agent
Noe Quezada
BHGRE - Northwest Home Team
List Price
$630,000
Sold Price
$630,000
Total Days on Market
0
Current Estimated Value
$641,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,495
Avg. Annual Appreciation
2.05%
Original Mortgage
$580,000
Outstanding Balance
$575,612
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$66,119

Purchase Details

Closed on
Aug 27, 2021
Sold by
Randich Jeffrey R and Randich Kathleen M
Bought by
Randich Michael J and Randich Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2006
Sold by
Brenneis William and Brenneis Linda K
Bought by
Randich Jeffrey R and Randich Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
6.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2001
Sold by
Osborne Harold Edwin and Osborne Gillian A
Bought by
Brenneis William and Brenneis Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.91%

Purchase Details

Closed on
Aug 29, 1996
Sold by
Koleda John
Bought by
Osborne Harold Edwin and Osborne Gillian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.23%
Source: Public Records

Similar Homes in the area

  • 518-520 18th Ave SE, Olympia, WA 98501

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,524 Sq Ft
    • 518-520 18th Ave SE
    • Olympia, WA

    This well-maintained duplex in Olympia's South Capitol neighborhood is an excellent investment opportunity, featuring two 2-bedroom, 1-bath units. It's ideal for both investors and owner-occupants. The single-story property includes a newer roof, a shared two-car garage with storage, and a private driveway. Each unit has private fenced backyards. Easy access to shopping, dining, public

    Terrance Meyer Better Properties - Metro

    Section Image
  • 1814 Franklin St SE, Olympia, WA 98501

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,786 Sq Ft
    • 1814 Franklin St SE
    • Olympia, WA

    This well-kept duplex offers a fantastic investment opportunity with low tenant turnover & long-term rental stability. Perfect for investors or owner-occupants, this property features two distinct units. One unit boasts 3 beds & 1 bath. Other unit features 1 bed & 1 bath, plus a fireplace! Two dedicated parking spaces available. Brand new roof! Whether you’re looking to generate steady rental

    Ron Rougeaux eXp Realty

    Section Image
  • 2320 Capitol Way S, Olympia, WA 98501

    $695,000

    • 4 Beds
    • 2 Baths
    • 3,040 Sq Ft
    • 2320 Capitol Way S
    • Olympia, WA

    Incredible investment in this charming renovated Duplex of 2196 SF plus 844 SF finished basement - on large lot just minutes from Capitol Campus! 3 bed/1 bath (1835 sf) on one side and a 1 bed/1 bath (1205 sf) on the other. Each side includes private basement w/laundry. Newer hardi siding, windows & doors. AND, newer electrical, plumbing, kitchens, baths, appliances, flooring, driveway,

    Jodi Ashline Coldwell Banker Evergreen

    Section Image
  • 1841 Yew Ave NE, Olympia, WA 98506

    $488,000

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • 1841 Yew Ave NE
    • Olympia, WA

    This Eastside duplex ticks off the boxes - whether you’re looking to invest into your property portfolio or as an owner occupant with some rental income on the side (literally). Tucked into a quiet neighborhood yet with easy proximity to downtown, government offices and medical services, each side is move-in ready. Two bed/one bath homes - each with soaring ceilings and great light with an

    Tonya Hennen Windermere Real Estate Olympia

    Section Image
  • 1715 Quince St NE, Olympia, WA 98506

    $649,000

    • 5 Beds
    • 3 Baths
    • 3,316 Sq Ft
    • 1715 Quince St NE
    • Olympia, WA

    Discover this amazing investment opportunity in the highly desirable Eastside Neighborhood. This historic Triplex offers 3 - 2 bedroom, 1 bathroom units each with their own kitchen, living and dining space. Each unit also comes with its own washer and dryer for an additional bonus to tenants. Additionally the garage also has amazing potential to easily be converted in a fourth unit without

    Abby Mondau BHGRE - Northwest Home Team

    Section Image
  • 3217 Mayfair Dr SW Unit A&B, Tumwater, WA 98512

    $699,000

    • 5 Beds
    • 3 Baths
    • 2,780 Sq Ft
    • 3217 Mayfair Dr SW
    • Unit A&B
    • Tumwater, WA

    This recently refreshed ranch style duplex is a proven portfolio builder. Located on a cul-de-sac within walking distance of SPSCC and 5 minutes to west Olympia. They have double car garages, gas forced air heat and separate utility meters. Both units have a washer/dryer hook up, open concept great room with vaulted ceilings, skylights, slider to large deck, expansive kitchen, dining area, gas

    Robert Elvin Realty One Group Bold

    Section Image
  • 1438 Fones Rd SE Unit A&B, Olympia, WA 98501

    $649,900

    • 5 Beds
    • 3 Baths
    • 2,383 Sq Ft
    • 1438 Fones Rd SE
    • Unit A&B
    • Olympia, WA

    Large Duplex with good rental income. Excellent location! Units are in great shape. With interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique

    Joshua Carlson Better Properties N. Proctor

    Section Image
  • 3305 Windolph Ln NW, Olympia, WA 98502

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,536 Sq Ft
    • 3305 Windolph Ln NW
    • Olympia, WA

    Location, Location, Location! Great Cooper Point Duplex opportunity! Steps from the water and Olympia Country Club. Located in a neighborhood with Million-dollar houses, this is a great opportunity to owner occupy or find great long-term tenants in a well-established neighborhood. Each side features 2 bed, 1 bath and cozy wood burning fireplaces. Quartz counters, Luxury Vinyl plank floors and

    Kyle Schrader RE/MAX Parkside Affiliates

    Section Image
  • 5615 Boston Harbor Rd NE Unit A&B, Olympia, WA 98506

    $575,000

    • 4 Beds
    • 2 Baths
    • 1,832 Sq Ft
    • 5615 Boston Harbor Rd NE
    • Unit A&B
    • Olympia, WA

    First time on the market in almost 40 years! 50's vintage duplex located just minutes from downtown & Boston Harbor Marina, but outside the City of Oly rental jurisdiction. Very well maintained! Always rented as a shoes-off home, Unit A (Long term tenant on month to month lease) features 2 BR, 1 BA, 1-car garage with refinished oak HDWD floors, retro solid wood cabinets and newer appliances.

    Paul Oczkewicz Virgil Adams Real Estate, Inc.

    Section Image

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $630,000 First American Title
Quit Claim Deed $184,500 Thurston County Title Co
Warranty Deed $315,000 Thurston County Title
Warranty Deed $168,000 Thurston County Title Co
Warranty Deed $148,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $236,250 Unknown
Previous Owner $105,000 No Value Available
Previous Owner $103,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $630,000 0.0% $294 / Sq Ft
07/17/2024 07/17/24 For Sale $630,000 -- $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 $5,987 $607,000 $271,600 $335,400
2023 $5,987 $572,500 $214,100 $358,400
2022 $4,856 $520,800 $198,900 $321,900
2021 $4,860 $406,400 $144,800 $261,600
2020 $4,551 $376,400 $106,400 $270,000
2019 $3,952 $343,800 $149,700 $194,100
2018 $4,013 $297,900 $112,400 $185,500
2017 $3,381 $270,500 $80,200 $190,300
2016 $3,016 $244,850 $106,550 $138,300
2014 -- $241,100 $112,500 $128,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2267071

Northwest Multiple Listing Service (NWMLS)

APN: 09690026000