Seller's Agent in 2021
Peter Henry
NetWorks Real Estate, LLC
(360) 791-6240
4 in this area
145 Total Sales
Listed by Networks Real Estate LLC, Bought with Real Broker LLC
633 School St SE Unit 635 Lacey, WA 98503
Tanglewilde NeighborhoodEstimated Value: $642,108 - $703,000
6
Beds
2
Baths
2,600
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- 0.56 Acre Lot
- Property is Fully Fenced
- Wall to Wall Carpet
- Territorial View
- Wood Siding
About This Home
As of November 2021Looking for the PERFECT investment property...then LOOK NO FURTHER. This big 2600 SF duplex is sure to fit the bill. Each side features 3 bed and 1.5 bath and is 1300 SF. Huge back yard and extra long 1 car garage to boot! Recent upgrades include 40 year roof (2017) and recent exterior paint (2020). New appliances in BOTH units the last couple years as well as a new water heater in unit 635. HARD to find 3 bedroom units are always in demand and these bedrooms are HUGE and that half bath comes in really handy! Easy commute to I-5. Close to schools, Costco and multiple grocery stores. Long term renter unit 633 (23 years qualifies) but unit 635 is vacant and ready for new tenant. Pro Forma Cap Rate 6.7%. 5.5% current due to long term tenant
Last Agent to Sell the Property
Networks Real Estate LLC License #47516 Listed on: 09/28/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1845220
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,379
Year Built
- Built in 1993
Lot Details
- 0.56 Acre Lot
- Property is Fully Fenced
- Property is in good condition
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
Parking
- 2 Parking Spaces
- 2 Covered Spaces
- Open Parking
Schools
- Lydia Hawk Elementary School
- Nisqually Mid Middle School
- River Ridge High School
Utilities
- Septic Tank
- Septic System
- Cable TV Available
Community Details
- Tanglewilde Subdivision
Listing and Financial Details
- Assessor Parcel Number 64200000300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2021
Closed on
Nov 18, 2021
Sold by
Cheney Michael L and Cheney Karla
Bought by
Gabriel Chesela and Mcneeley Dion Lee
Seller's Agent
Peter Henry
Networks Real Estate LLC
Buyer's Agent
David Pichler
Real Broker LLC
List Price
$565,000
Sold Price
$555,000
Premium/Discount to List
-$10,000
-1.77%
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
$104,529
Avg. Annual Appreciation
4.59%
Original Mortgage
$528,794
Outstanding Balance
$490,611
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$164,641
Purchase Details
Closed on
Sep 10, 1999
Sold by
Carlile Christopher W
Bought by
Cheney Michael L and Cheney Karla
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gabriel Chesela | $555,000 | Stewart Title Company | |
| Cheney Michael L | -- | Thurston County Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gabriel Chesela | $528,794 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $555,000 | -1.8% | $213 / Sq Ft |
| 10/02/2021 10/02/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | For Sale | $565,000 | -- | $217 / 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 | $6,121 | $537,500 | $242,500 | $295,000 |
| 2023 | $6,121 | $619,300 | $275,300 | $344,000 |
| 2022 | $5,597 | $559,900 | $278,000 | $281,900 |
| 2021 | $4,380 | $463,200 | $233,200 | $230,000 |
| 2020 | $4,405 | $334,700 | $84,800 | $249,900 |
| 2019 | $3,595 | $347,100 | $146,000 | $201,100 |
| 2018 | $3,938 | $276,100 | $103,900 | $172,200 |
| 2017 | $3,509 | $256,050 | $81,350 | $174,700 |
| 2016 | $3,115 | $233,900 | $70,500 | $163,400 |
| 2014 | -- | $222,400 | $70,500 | $151,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
David Pichler
Real Broker LLC
(626) 222-0972
2 in this area
110 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1845220
APN: 64200000300
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Based on information submitted to the MLS GRID
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