Listed by RE/MAX Advantage, Bought with RE/MAX Advantage
NOT LISTED FOR SALE

Estimated Value: $393,000 - $494,455

2 Beds
1 Bath
944 Sq Ft
$459/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $299,000 $317 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,739/month

Highlights

  • City View
  • Fruit Trees
  • 1 Fireplace
  • Peter G. Schmidt Elementary School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of February 2021

INVESTOR ALERT - Capital Boulevard Corridor (CBC) zoned 12,983sf Property with cute house with great tenant in it, shop, garden shed, garden and corner lot street access. Near Dairy Queen, State Buildings, Eagens. Seller has Meyer Architecture Conceptual for Medical office (Dental). 2 Bedroom 1 Bath house with lots of charm. City of Tumwater only takes about 1 week to get a developmental review with them. CBC zoning regs #18.21. Great location.

Last Agent to Sell the Property

Beckie Stephens

RE/MAX Advantage License #1128 Listed on: 02/09/2021

RE/MAX Advantage

Last Buyer's Agent

Jessica Liederbach

RE/MAX Advantage License #71251

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1729115

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,760

Year Built

  • Built in 1939

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned G-C/CBC

Parking

  • Off-Street Parking

Property Views

  • City
  • Territorial

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Oven or Range
  • Unfinished Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Tumwater Community

Listing and Financial Details

  • Assessor Parcel Number 12702230900

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,760

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room, Jetted Tub
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Dining Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 944
  • Square Footage Finished: 944

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Territorial

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Tumwater
  • Water Company: City of Tumwater
  • Water Heater: basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Tumwater

Schools

  • Elementary School: Peter G Schmidt Elem
  • Middle School: Tumwater Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 12983
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 12702230900
  • Zoning Code: G-C/CBC
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Rental Info

  • Monthly Rentif Rented: 1250

Tax Info

  • Tax Amount: 2396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Bradley Tessa and Bradley Tyrell
Bought by
Rookery Olympia Llc
Current Estimated Value
$433,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,770,000
Outstanding Balance
$2,735,189
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$2,302,037

Purchase Details

Listed on
Feb 9, 2021
Closed on
Feb 5, 2021
Sold by
Downing Richard C and Downing Michelle L
Bought by
Bradley Tessa and Bradley Tyrell
Seller's Agent
Beckie Stephens
RE/MAX Advantage
Buyer's Agent
Jessica Liederbach
RE/MAX Advantage
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$224,250
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 3, 2018
Sold by
Hanning Ronda Lee
Bought by
Dowing Richard C and Dowing Michelle L
Seller's Agent
Nancy Griego
RE/MAX Parkside Affiliates
Buyer's Agent
Ron' 'Wesselius
Van Dorm Realty, Inc
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$192,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 1995
Sold by
Hanning Ronald O and Hanning Leida A
Bought by
City Of Tumwater
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rookery Olympia Llc $105,592 Thurston County Title
Bradley Tessa $299,000 Thurston County Title Co
Dowing Richard C $239,719 First American Title Ins Co
City Of Tumwater -- Transamerica Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rookery Olympia Llc $2,770,000
Previous Owner Bradley Tessa $224,250
Previous Owner Dowing Richard C $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $299,000 0.0% $317 / Sq Ft
02/09/2021 02/09/21 For Sale $299,000 +24.6% $317 / Sq Ft
07/05/2018 07/05/18 Sold $240,000 -4.0% $254 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $250,000 -- $265 / 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 $4,760 $443,000 $275,100 $167,900
2023 $4,760 $475,500 $283,600 $191,900
2022 $2,908 $306,900 $136,000 $170,900
2021 $2,778 $246,800 $99,900 $146,900
2020 $2,396 $216,200 $101,100 $115,100
2019 $2,103 $180,700 $62,600 $118,100
2018 $2,040 $157,900 $48,500 $109,400
2017 $1,821 $138,400 $56,400 $82,000
2016 $1,827 $133,800 $62,400 $71,400
2014 -- $133,800 $62,400 $71,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1729115

Northwest Multiple Listing Service (NWMLS)

APN: 12702230900