Listed by Cycle Real Estate Inc., Bought with RE/MAX Advantage
NOT LISTED FOR SALE

Estimated Value: $520,369 - $582,000

5 Beds
2 Baths
2,160 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $234,000 $108 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,479/month

12 Days on Market

Highlights

  • Golf Course Community
  • Timberline High School Rated A-
  • 1-Story Property

About This Home

As of April 2016

Live in one side and rent the other!!! Great location within the Capitol City Golf Club Estates. This is a single story duplex with each unit having two bedroom, single car garages, Dining areas, Washer / Dryer hookups. New Septic system installed in 2012. Rents are currently $ 795.00 Each. Please don't bother the tenants. Leases are expired. Association dues and utility costs to be verified by Buyer.

Last Agent to Sell the Property

Dan Pate

Cycle Real Estate Inc. License #13805 Listed on: 01/11/2016

Last Buyer's Agent

Jessica Liederbach

RE/MAX Advantage License #71251

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 881185

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1978

Lot Details

  • 8,200 Sq Ft Lot

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Horizons Elementary School
  • Komachin Mid Middle School

Utilities

  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 38750028600

Community Details

Overview

  • Capital City Golf Subdivision

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,866

Year Built

Built in 1978

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • Lot Features: Community Golf Course
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Pse
  • SewerCompany: Septic
  • WaterCompany: City
  • WaterSewerGarbage: 400

Condo/Co-op/Association

  • Community Features: Golf
  • Association Fee: 240
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Komachin Mid

Lot Info

  • Parcel Number: 38750028600
  • Lot Size Acres: 0.1882
  • Lot Size Sq Ft: 8200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1590

Multi Family

  • Gross Scheduled Income: 19800
  • Net Operating Income: 14022
  • Number Of Units Total: 2
  • Insurance Expense: 839
  • Leasable Area: 2710
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2866

MLS Schools

  • Elementary School: Horizons Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Partington Daniel A and Partington Alexandra
Bought by
Partington Daniel A and Partington Alexandra
Current Estimated Value
$562,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$195,081
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$367,761

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 25, 2016
Sold by
Buchanan Kenneth R and Buchanan Lois M
Bought by
Partington Daniel A
Seller's Agent
Dan Pate
Cycle Real Estate Inc.
Buyer's Agent
Jessica Liederbach
RE/MAX Advantage
List Price
$229,000
Sold Price
$234,000
Premium/Discount to List
$5,000
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$229,761
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2003
Sold by
Buchanan Lois M
Bought by
Buchanan Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
5.77%
Mortgage Type
Unknown
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
Partington Daniel A -- Stewart Title Thurston
Partington Daniel A $233,719 Thurston County Title
Buchanan Kenneth R -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Partington Daniel A $220,000
Closed Partington Daniel A $229,761
Previous Owner Buchanan Kenneth R $94,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $234,000 +2.2% $108 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $229,000 -- $106 / 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 $5,698 $571,000 $247,400 $323,600
2023 $5,698 $596,200 $267,500 $328,700
2022 $4,145 $492,800 $220,700 $272,100
2021 $4,278 $355,700 $136,000 $219,700
2020 $4,181 $330,800 $89,200 $241,600
2019 $3,455 $332,900 $136,000 $196,900
2018 $3,237 $228,000 $90,200 $137,800
2017 $2,964 $217,000 $56,300 $160,700
2016 $2,867 $206,250 $71,550 $134,700
2014 -- $206,450 $78,250 $128,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 881185

Northwest Multiple Listing Service (NWMLS)

APN: 38750028600