Listed by Coldwell Banker Evergreen, Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE

613 Primrose Ln SE Unit 615 Tumwater, WA 98501

Deschutes Neighborhood

Estimated Value: $528,329 - $589,000

4 Beds
4 Baths
2,203 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $390,000 $177 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,460/month

5 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • Ceramic Tile Flooring
  • Tumwater Middle School Rated A-
  • Patio
  • High Speed Internet

About This Home

As of December 2020

Attractive single story no steps duplex in a close-in neighborhood near downtown Olympia, schools and freeway access. Always rented, each side has approximately 1,100 sq. ft. with 2 bdrms, 1 full bath, nice big living room, full kitchen, utility room, vaulted ceilings and fireplace. Fully fenced separate backyards with lots of privacy. Covered carports with extra storage. Newer vinyl windows and one side has been updated with laminate and tile floors, plus refurbished open concept kitchen.

Last Agent to Sell the Property

Bruce Batson

Coldwell Banker Evergreen License #48666 Listed on: 10/21/2020

Coldwell Banker Evergreen

Co-Listed By

Jodi Ashline

Coldwell Banker Evergreen License #41036

Last Buyer's Agent

Dylan Peckenpaugh

HomeSmart Real Estate Assoc License #128803

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1680207

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1972

Lot Details

  • 8,160 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Duplex
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,203 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Galloway Addition Condos
  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 49700001200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,099

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1972
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Galloway Addition
  • New Construction: No
  • CalculatedSquareFootage: 2203
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: See Remarks
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 49700001200
  • Lot Size Acres: 0.1873
  • Lot Size Sq Ft: 8160
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2280

Multi Family

  • Gross Scheduled Income: 27360
  • Net Operating Income: 21763
  • Number Of Units Total: 2
  • Insurance Expense: 1130
  • Leasable Area: 2203
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 2, 2020
Sold by
Tschetter Sue Ann and The Sat Revocable Trust
Bought by
Mcdonald Josh and Turner Amy
Seller's Agent
Bruce Batson
Coldwell Banker Evergreen
Buyer's Agent
Dylan Peckenpaugh
HomeSmart Real Estate Assoc
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$565,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,832
Avg. Annual Appreciation
8.47%
Original Mortgage
$292,500
Outstanding Balance
$263,822
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$310,435

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 30, 2020
Sold by
Sat Revocable Trust and Tschetter Sue Ann
Bought by
Turner Amy and Mcdonald Josh
Seller's Agent
Bruce Batson
Coldwell Banker Evergreen
Buyer's Agent
Dylan Peckenpaugh
HomeSmart Real Estate Assoc
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$263,822
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$310,435

Purchase Details

Closed on
Jul 29, 2016
Sold by
Harcking Sue A and Tschetter Sue
Bought by
Sat Revocable Trust
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
Mcdonald Josh $390,000 Thurston County Title Co
Turner Amy -- Thurston County Title
Sat Revocable Trust -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Josh $292,500
Closed Turner Amy $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $390,000 -1.3% $177 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $395,000 -- $179 / 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 $4,808 $536,300 $252,200 $284,100
2023 $4,808 $480,300 $193,200 $287,100
2022 $4,041 $441,900 $182,000 $259,900
2021 $3,638 $343,300 $119,900 $223,400
2020 $3,099 $283,400 $97,300 $186,100
2019 $3,047 $234,000 $116,100 $117,900
2018 $3,161 $244,800 $109,100 $135,700
2017 $2,587 $196,950 $63,650 $133,300
2016 $2,280 $191,900 $68,700 $123,200
2014 -- $167,150 $72,750 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1680207

Northwest Multiple Listing Service (NWMLS)

APN: 49700001200