Listed by Riley Jackson Real Estate Inc., Bought with SCOUT
NOT LISTED FOR SALE

617 -619 School St SE Olympia, WA 98503

Tanglewilde Neighborhood

Estimated Value: $649,815 - $772,000

6 Beds
2 Baths
2,600 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $455,000 $175 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,279/month

8 Days on Market

Highlights

  • 0.56 Acre Lot
  • Territorial View
  • High Speed Internet
  • Deck
  • Patio
  • Wood Siding

About This Home

As of July 2020

Fine investments opportunity in great location. Close to JBLM, shopping, parks & amenities. Rent both sides, or live in one & rent the other. Tenant in #619 is on month-to-month lease. Roof replaced & ext.paint in the last 5 years. Brand new carpets, int. paint & laminate flooring in #617. New laminate in #619 the past 2 years. Special features incl. covered front porch, privacy screen between both patios, huge yard for playing, entertaining, gardening, etc. Ample parking on street or driveway.

Last Agent to Sell the Property

Sandra Nelson

Riley Jackson Real Estate Inc. License #86454 Listed on: 05/25/2020

Co-Listed By

Cherie Allen

Riley Jackson Real Estate Inc. License #138650

Last Buyer's Agent

Lorena Bensching

SCOUT License #136130

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1604865

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,438

Year Built

  • Built in 1996

Lot Details

  • 0.56 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 64200000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,438

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1996
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2600
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: PSE
  • WaterCompany: Thurston PUD
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 3
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 64200000700
  • Lot Size Acres: 0.5587
  • Lot Size Sq Ft: 24335
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 31980
  • Net Operating Income: 26892
  • Number Of Units Total: 2
  • Insurance Expense: 650
  • Leasable Area: 2600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Guzman Elija
Bought by
Guzman Elijah Venida and Guzman Elvis Venida
Current Estimated Value
$706,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2021
Sold by
Kwangwanh Victoria
Bought by
Guzman Elija

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2020
Closed on
Jun 29, 2020
Sold by
Vuong Quang M and Phu Anh N
Bought by
Guzman Elija and Kwangwanh Victoria
Seller's Agent
Sandra Nelson
Riley Jackson Real Estate Inc.
Buyer's Agent
Lorena Bensching
SCOUT
List Price
$439,900
Sold Price
$455,000
Premium/Discount to List
$15,100
3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$446,758
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 1996
Sold by
Moats Richard L and Moats Bernadette S
Bought by
Vuong Quang M and Phu Anh N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.68%
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
Guzman Elijah Venida -- Stewart Title
Guzman Elijah Venida -- Stewart Title
Guzman Elija -- Stewart Title
Guzman Elija -- Stewart Title
Guzman Elija $455,000 Stewart Title Company
Guzman Elija $455,000 Stewart Title Company
Vuong Quang M $167,500 Pioneer Title Company
Vuong Quang M $167,500 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Guzman Elijah Venida $0
Open Guzman Elija $443,400
Previous Owner Guzman Elija $446,758
Previous Owner Vuong Quang M $147,000
Previous Owner Vuong Quang M $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $455,000 +3.4% $175 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $439,900 -- $169 / 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 $6,167 $541,800 $242,500 $299,300
2023 $6,167 $624,200 $275,300 $348,900
2022 $5,671 $563,800 $278,000 $285,800
2021 $4,422 $469,600 $233,200 $236,400
2020 $4,438 $338,100 $84,800 $253,300
2019 $3,628 $349,800 $146,000 $203,800
2018 $3,968 $278,300 $103,900 $174,400
2017 $3,563 $260,150 $81,350 $178,800
2016 $3,209 $237,700 $70,500 $167,200
2014 -- $229,500 $70,500 $159,000
Source: Public Records

Agents Affiliated with this Home

  • Sandra Nelson

    Seller's Agent in 2020

    Sandra Nelson

    Riley Jackson Real Estate Inc.

    (360) 789-7505

    1 in this area

    86 Total Sales

    Sandra Nelson
    Section Image
  • Cherie Allen

    Seller Co-Listing Agent in 2020

    Cherie Allen

    Riley Jackson Real Estate Inc.

    (360) 552-8001

    16 Total Sales

    Cherie Allen
    Section Image

  • L

    Buyer's Agent in 2020

    Lorena Bensching

    SCOUT

    (360) 520-7676

    49 Total Sales

    Lorena Bensching
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1604865

Northwest Multiple Listing Service (NWMLS)

APN: 64200000700

Washington Thurston County Olympia 98503 Tanglewilde

617 -619 School St SE, Olympia, WA

This home is located at 617 -619 School St SE, Olympia, WA 98503 since 25 May 2020 and is currently estimated at $706,704, approximately $271 per square foot. This property was built in 1996. 617 -619 School St SE is a home located in Thurston County with nearby schools including Lydia Hawk Elementary School, Nisqually Middle School, and River Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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