Seller's Agent in 2020
Pamela Brechwald
RE/MAX
(360) 480-8835
65 Total Sales
5847 Rich Rd SE Olympia, WA 98501
Estimated Value: $403,000 - $482,000
2
Beds
1
Bath
936
Sq Ft
$474/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Fruit Trees
- 2 Fireplaces
- Centennial Elementary School Rated A
- Territorial View
- Attached Garage
About This Home
As of December 2020Investor alert! Classic rambler on 3/4 of an acre with R4-8 zoning! The opportunity to increase the value by adding a shop or more housing units is vast. This 2 bedroom 1 bath home is well built and has many of the original details. The large unfinished basement with fireplace and plumbing could be finished with another bedroom, rec/family room & bathroom. Home is connected to city water, the septic is a 3 bedroom and there is the ability to connect to the city sewer. Olympia School district
Last Agent to Sell the Property
RE/MAX Parkside Affiliates License #75620 Listed on: 09/17/2020
Last Buyer's Agent
Shannon Kimminau
John L. Scott Lacey
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1665050
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,744
Year Built
- Built in 1955
Lot Details
- Brush Vegetation
- Level Lot
- Fruit Trees
- Garden
- Property is zoned R4-8
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2 Fireplaces
- Territorial Views
- Unfinished Basement
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- Attached Garage
- RV Access or Parking
Outdoor Features
- Patio
Utilities
- Septic System
- Cable TV Available
Community Details
- East Olympia Community
Listing and Financial Details
- Assessor Parcel Number 11706210203
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2020
Closed on
Dec 9, 2020
Sold by
Heckman Ori Colleen Ohman and 1998 Frances O
Bought by
Adame Jose and Adame Erlinda
Seller's Agent
Pamela Brechwald
RE/MAX Parkside Affiliates
Buyer's Agent
Shannon Kimminau
John L. Scott Lacey
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,080
Avg. Annual Appreciation
4.41%
Original Mortgage
$14,139
Outstanding Balance
$12,663
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$431,417
Purchase Details
Closed on
Jul 23, 1998
Sold by
Ohman Frances O
Bought by
Ohman Frances O and 1998 Frances O Ohman Revocable Living Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adame Jose | $360,000 | Wfg Natl Ttl Co Of Wa Llc | |
| Ohman Frances O | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adame Jose | $14,139 | |
| Open | Adame Jose | $353,479 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2020 12/16/20 | Sold | $360,000 | +2.9% | $385 / Sq Ft |
| 10/17/2020 10/17/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | Price Changed | $350,000 | -6.7% | $374 / Sq Ft |
| 09/17/2020 09/17/20 | For Sale | $375,000 | -- | $401 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $3,744 | $350,600 | $194,000 | $156,600 |
| 2023 | $3,744 | $354,400 | $189,000 | $165,400 |
| 2022 | $3,693 | $344,100 | $155,900 | $188,200 |
| 2021 | $3,404 | $308,100 | $158,700 | $149,400 |
| 2020 | $3,083 | $260,400 | $149,500 | $110,900 |
| 2019 | $2,644 | $231,500 | $113,800 | $117,700 |
| 2018 | $2,811 | $202,800 | $80,900 | $121,900 |
| 2017 | $2,661 | $197,900 | $88,000 | $109,900 |
| 2016 | $2,449 | $182,600 | $89,400 | $93,200 |
| 2014 | -- | $180,450 | $87,850 | $92,600 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Brechwald
-
S
Buyer's Agent in 2020
Shannon Kimminau
John L. Scott Lacey
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1665050
APN: 11706210203
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Based on information submitted to the MLS GRID
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