Listed by Virgil Adams Real Estate, Inc., Bought with Olympic Sotheby's Int'l Realty
NOT LISTED FOR SALE

6643 Kinwood Park Ln SE Olympia, WA 98503

Tanglewilde Neighborhood
-- Bed
-- Bath
3,424 Sq Ft
0.5 Acres

Last Sold June 02, 2022

Last sale price $915,000 $267 Per Sq Ft

8 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • High Speed Internet
  • Deck
  • Patio
  • Property is in very good condition

About This Home

As of June 2022

Investors will love this conveniently located 4-plex in the heart of Lacey so close to all amenities! The building is in excellent condition, and has been lovingly maintained as if it were a primary residence. Easy to rent and never vacant. Newer roof. Covered 4-car carport with additional parking as well. Small patios/decks. Lot of outdoor space for recreation. Add me to your portfolio!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 03/30/2022

Last Buyer's Agent

John Stormans

Olympic Sotheby's Int'l Realty License #130340

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1908830

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,009

Year Built

  • Built in 1986

Lot Details

  • 0.5 Acre Lot
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,424 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 57690000600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,009

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1986
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3424
  • Special Features: None
  • Cumulative Days on Market: 340

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • CableConnected: Comcast
  • WaterSewerGarbage: 2239

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 57690000600
  • Lot Size Acres: 0.501
  • Lot Size Sq Ft: 21825
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.6
  • LeasedItems: None
  • TotalMonthlyIncome: 4290

Multi Family

  • Gross Scheduled Income: 61200
  • Net Operating Income: 50728
  • Number Of Units Total: 4
  • Electric Expense: 397
  • Insurance Expense: 1827
  • Leasable Area: 3392
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6009

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $915,000 +2.2% $267 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $895,000 -- $261 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1908830

Northwest Multiple Listing Service (NWMLS)