NOT LISTED FOR SALE

Estimated Value: $511,000 - $532,000

4 Beds
2 Baths
1,344 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $459,200 $342 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,209/month

195 Days on Market

Highlights

  • No HOA
  • Patio
  • High Speed Internet
  • Peter G. Schmidt Elementary School Rated A-
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

As of December 2022

Centrally located Tumwater Duplex. Mirrored units have large, spacious, fully-fenced, private backyards and decks to enjoy the fresh air and nature. Units each feature 2 beds and 1 bath, separate laundry, garage, and driveway space. Close to shops, stores, schools, and commuting options! Units are both currently tenant occupied with steady stream of rental income.

Last Agent to Sell the Property

Timothy Fenton

Keller Williams Downtown Sea License #128690 Listed on: 04/27/2022

Keller Williams Downtown Sea

Last Buyer's Agent

Chris Titus

Terry Wise & Associates License #27752

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1922344

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56400000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,127

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1970
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1344
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 433

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Tumwater
  • WaterCompany: Tumwater
  • WaterSewerGarbage: 2540

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 56400000400
  • Lot Size Acres: 0.2812
  • Lot Size Sq Ft: 12247
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.1
  • LeasedItems: None
  • TotalMonthlyIncome: 1550

Multi Family

  • Gross Scheduled Income: 42540
  • Net Operating Income: 36253
  • Number Of Units Total: 2
  • Insurance Expense: 620
  • Leasable Area: 1344
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3127

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Jan 12, 2019
Sold by
Stepelton Andre F and Roberts Kathie J
Bought by
Maalouf Dakota and Maalouf Shlann
Seller's Agent
Patrick Pieroni
Virgil Adams Real Estate, Inc.
Buyer's Agent
Timothy Fenton
Keller Williams Downtown Sea
List Price
$289,000
Sold Price
$274,900
Premium/Discount to List
-$14,100
-4.88%
Total Days on Market
195
Current Estimated Value
$519,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,463
Avg. Annual Appreciation
10.47%
Original Mortgage
$280,810
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Jul 22, 2009
Sold by
Homann Darcy R
Bought by
Stepelton Andre F and Roberts Kathie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,725
Interest Rate
5.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2004
Sold by
Shaffer Mark
Bought by
Shaffer Darcy
Source: Public Records

Similar Home in Tumwater, WA

  • 6580 Elm St SE, Tumwater, WA 98501

    $515,000

    • 5 Beds
    • 3 Baths
    • 1,966 Sq Ft
    • 6580 Elm St SE
    • Tumwater, WA

    **Prime Location! ** This fully occupied duplex is right in town, with each 2-bedroom unit rented out. Each unit comes with covered parking & extra storage shed. The larger unit has been partially converted into a studio as well. The spacious lot features one unit that is completely fenced and landscaped, along with ample parking. Tenants are responsible for all utilities.

    Julie Salazar eXp Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maalouf Dakota $274,900 Stewart Title Co
Stepelton Andre F $214,300 Thurston County Title
Shaffer Darcy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wascher Michele M $357,000
Closed Maalouf Dakota $277,248
Closed Maalouf Dakota $280,810
Previous Owner Stepelton Andre F $160,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $459,200 -2.3% $342 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/06/2022 11/06/22 Price Changed $470,000 -5.1% $350 / Sq Ft
10/07/2022 10/07/22 For Sale $495,000 0.0% $368 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $495,000 0.0% $368 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $495,000 -3.9% $368 / Sq Ft
06/02/2022 06/02/22 Price Changed $515,000 -6.4% $383 / Sq Ft
04/27/2022 04/27/22 For Sale $550,000 +100.1% $409 / Sq Ft
01/15/2019 01/15/19 Sold $274,900 -1.8% $205 / Sq Ft
12/24/2018 12/24/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $279,900 -3.1% $208 / Sq Ft
09/05/2018 09/05/18 For Sale $289,000 -- $215 / 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 $3,513 $415,400 $252,200 $163,200
2023 $3,513 $350,700 $186,800 $163,900
2022 $3,128 $341,600 $191,200 $150,400
2021 $3,054 $265,500 $144,700 $120,800
2020 $2,838 $237,800 $99,000 $138,800
2019 $2,572 $214,200 $127,300 $86,900
2018 $2,637 $204,200 $105,200 $99,000
2017 $2,280 $173,500 $79,000 $94,500
2016 $1,938 $152,450 $70,850 $81,600
2014 -- $142,000 $75,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1922344

Northwest Multiple Listing Service (NWMLS)

APN: 56400000400