Listed by John L. Scott Lacey, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

560 Clark St SW Unit A&B Tumwater, WA 98512

Tumwater Hill Neighborhood

Estimated Value: $632,000 - $751,000

6 Beds
4 Baths
3,112 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $430,000 $138 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,573/month

4 Days on Market

Highlights

  • Wood Siding
  • Tumwater Middle School Rated A-
  • Wall to Wall Carpet

About This Home

As of April 2019

Instant cash flow! This great little duplex is in great condition, fully rented with a less than 5 percent vacancy rate. Centrally located on Tumwater Hill it has proven to be a very well sought after property with long term renters already in place. this property is a must have. Close to shops, schools, and bus routes.

Last Agent to Sell the Property

Scott Hollis

John L. Scott Lacey License #26688 Listed on: 03/05/2019

John L. Scott Lacey

Last Buyer's Agent

Sukjoo Sohn

Van Dorm Realty, Inc License #39327

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1418909

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 2004

Lot Details

  • 1,200 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,112 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80602500800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,771

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3112
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Show and sell
  • Special Features: None
  • Cumulative Days on Market: 350

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 80602500800
  • Lot Size Acres: 0.0275
  • Lot Size Sq Ft: 1200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 3200
  • Number Of Units Total: 2
  • Leasable Area: 3112
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4771

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 5, 2019
Sold by
560 Clark Street Llc
Bought by
Peterson Andrew and Peterson Lahela
Seller's Agent
Scott Hollis
John L. Scott Lacey
Buyer's Agent
Sukjoo Sohn
Van Dorm Realty, Inc
List Price
$415,000
Sold Price
$430,000
Premium/Discount to List
$15,000
3.61%
Current Estimated Value
$736,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,002
Avg. Annual Appreciation
8.64%
Original Mortgage
$180,575
Outstanding Balance
$160,364
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$567,499

Purchase Details

Closed on
Mar 15, 2011
Sold by
Dittmer Donna Burch
Bought by
560 Clark Street

Purchase Details

Closed on
Oct 30, 2007
Sold by
Dittmer Martin David
Bought by
Dittmer Donna Burch

Purchase Details

Closed on
Sep 24, 1998
Sold by
Nielsen Ronald G
Bought by
Dittmer M David and Dittmer Donna Burch
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
Peterson Andrew $430,000 Chicago Title Company
560 Clark Street -- None Available
Dittmer Donna Burch -- None Available
Dittmer M David -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Andrew $180,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $430,000 +3.6% $138 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $415,000 -- $133 / 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 $6,745 $687,200 $252,200 $435,000
2023 $6,745 $674,200 $241,100 $433,100
2022 $5,472 $622,600 $222,900 $399,700
2021 $5,999 $465,100 $141,900 $323,200
2020 $4,537 $467,800 $98,300 $369,500
2019 $4,795 $342,900 $112,600 $230,300
2018 $4,771 $369,700 $109,000 $260,700
2017 $4,278 $326,150 $59,350 $266,800
2016 $4,084 $291,500 $67,400 $224,100
2014 -- $299,950 $71,350 $228,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1418909

Northwest Multiple Listing Service (NWMLS)

APN: 80602500800