Listed by Bayleaf Realty, Bought with RE/MAX Parkside Affiliates
NOT LISTED FOR SALE

549 Pattison St NE Olympia, WA 98506

Estimated Value: $447,758 - $529,000

4 Beds
2 Baths
1,876 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $230,000 $123 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,002/month

79 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 1-Story Property
  • Reeves Middle School Rated A-

About This Home

As of June 2017

Multi-family duplex with large lot in the county with close city access. 2 bedroom,1 bath with 1 car attached garage and plenty of space to park another vehicle or toy. Solid investment property that has potential for rents to be raised to todays rental standards over time.Lovely sloped property with space to roam.Conveniently located close to shopping, downtown and freeways. Interior pictures taken are from 625 Pattison Drive NE #B.

Last Agent to Sell the Property

Bobbi Kelly

Bayleaf Realty License #25971 Listed on: 02/24/2017

Last Buyer's Agent

Dan Sweeney

RE/MAX Parkside Affiliates License #29797

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1081334

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 101'x171'x100'x156'
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,876 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Rooseveltelem Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Berry Farms Condos
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34201400101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,082

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Berry Farms
  • New Construction: No
  • CalculatedSquareFootage: 1876
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • 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: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 1800

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Reeves Mid

Lot Info

  • Parcel Number: 34201400101
  • Lot Size Acres: 0.3809
  • Lot Size: 101'x171'x100'x156'
  • Lot Size Sq Ft: 16592
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1720

Multi Family

  • Gross Scheduled Income: 20640
  • Net Operating Income: 14958
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 1876
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3082

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jun 22, 2017
Sold by
Seth Donna Durelle
Bought by
Morton Dawn and Morton Donald
Seller's Agent
Bobbi Kelly
Bayleaf Realty
Buyer's Agent
Dan Sweeney
RE/MAX Parkside Affiliates
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%
Current Estimated Value
$494,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,690
Avg. Annual Appreciation
8.86%
Original Mortgage
$172,500
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Morton Dawn $229,719 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Dawn $160,500
Closed Morton Dawn $172,500
Previous Owner Seth Timothy M $75,144
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $230,000 -8.0% $123 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/12/2017 05/12/17 Price Changed $249,900 -10.4% $133 / Sq Ft
03/04/2017 03/04/17 Price Changed $279,000 -7.0% $149 / Sq Ft
02/25/2017 02/25/17 Price Changed $300,000 0.0% $160 / Sq Ft
02/24/2017 02/24/17 For Sale $299,900 -- $160 / 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 $4,682 $481,000 $271,600 $209,400
2023 $4,682 $436,900 $209,800 $227,100
2022 $3,982 $375,900 $170,500 $205,400
2021 $3,927 $328,400 $161,800 $166,600
2020 $4,391 $298,900 $109,700 $189,200
2019 $3,494 $328,600 $190,500 $138,100
2018 $3,422 $279,000 $130,200 $148,800
2017 $3,504 $262,300 $121,800 $140,500
2016 $3,034 $229,350 $119,450 $109,900
2014 -- $219,250 $126,050 $93,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1081334

Northwest Multiple Listing Service (NWMLS)

APN: 34201400101