NOT LISTED FOR SALE

6318 6th Ave SE Lacey, WA 98503

Estimated Value: $537,000 - $572,237

4 Beds
2 Baths
1,974 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $463,000 $235 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,366/month

7 Days on Market

Highlights

  • Patio
  • Wood Siding
  • Wall to Wall Carpet
  • Property is Fully Fenced

About This Home

As of April 2021

Amazing investment opportunity. Your tenants will love it here in this quiet, peaceful setting. Perfect for owner occupancy too. 1.06 Acre lot is zoned LD 3-6 units per acre. Water & Sewer are at Carpenter Rd for long term potential investment. Tenants are on month to month. Tenant yards are huge and are fully fenced. Tenants love the coziness of the fireplace, master bedroom ceiling fan and walk in closet. Property boundary line is second fence line behind the trees. Terrific location with easy freeway access. Walk to grocery and near by park. Located behind Lois Lake so there will be no construction across the street giving this property a serene setting for years to come. Don't miss this opportunity.

Co-Listed By

Dani Rader

Realty One Group Bold License #139036

Realty One Group Bold

Last Buyer's Agent

Andrew Hodgson

eXp Realty License #135565

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1717887

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 1976

Lot Details

  • 1.06 Acre Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Lydia Hawk Elementary School
  • Nisqually Mid Middle School
  • River Ridge High School

Utilities

  • Shared Well
  • Cable TV Available

Community Details

  • Ss 0359 Condos
  • Olympia Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 48204000301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,110

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: SS-0359
  • New Construction: No
  • CalculatedSquareFootage: 1974
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Available
  • Water Source: Shared Well
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Nisqually Mid

Lot Info

  • Parcel Number: 48204000301
  • Lot Size Acres: 1.0621
  • Lot Size Sq Ft: 46266
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4110

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 150
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Lydia Hawk Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 27, 2021
Sold by
Nolan Sylvia and Lueck Sylvia L
Bought by
Milnes Joel and Koppel Remara
Buyer's Agent
Andrew Hodgson
eXp Realty
List Price
$455,000
Sold Price
$463,000
Premium/Discount to List
$8,000
1.76%
Current Estimated Value
$554,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,059
Avg. Annual Appreciation
4.00%
Original Mortgage
$347,250
Outstanding Balance
$312,508
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$241,551

Purchase Details

Closed on
Jul 22, 2002
Sold by
Lewellen Ruby M
Bought by
Lueck Sylvia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Milnes Joel $463,000 Thurston County Title Co
Lueck Sylvia A $161,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milnes Joel $347,250
Previous Owner Lueck Sylvia A $129,200
Closed Lueck Sylvia A $24,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $463,000 +1.8% $235 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $455,000 -- $230 / 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 $5,414 $464,600 $242,500 $222,100
2023 $5,414 $560,200 $327,500 $232,700
2022 $5,221 $482,400 $290,000 $192,400
2021 $3,218 $444,100 $287,200 $156,900
2020 $4,111 $253,200 $85,900 $167,300
2019 $2,849 $337,600 $200,000 $137,600
2018 $3,592 $263,800 $123,800 $140,000
2017 $3,313 $256,950 $119,550 $137,400
2016 $2,611 $202,200 $82,100 $120,100
2014 -- $196,800 $82,100 $114,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1717887

Northwest Multiple Listing Service (NWMLS)

APN: 48204000301