Listed by Van Dorm Realty, Inc
NOT LISTED FOR SALE

735 Desoto St SW Unit A & B Tumwater, WA 98512

Tumwater Hill Neighborhood

Estimated Value: $463,625 - $731,000

6 Beds
4 Baths
2,584 Sq Ft
$234/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $380,000 $147 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,801/month

29 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Tumwater Middle School Rated A-
  • Thermal Windows
  • Property is in very good condition

About This Home

As of December 2017

Tumwater Hill Duplex. Great central location! Homey, light & airy 3 BR, 2.5 BA unit duplex. Units feature open floor plan w/eating bar, big kitchen w/pantry, MBR suite w/walk-in closets. W/D hookups. 1 car garage. (Owner occupies 1 side, so rent is estimated calculations for Cap Rate, etc.) Private, treed, low maintenance backyard w/deck. Desirable Tumwater Schools. Park w/tennis & playground 3 blocks away!

Last Agent to Sell the Property

Catherine' 'Haag

Van Dorm Realty, Inc License #21392 Listed on: 10/27/2017

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1212329

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Tumwater Hill Elementary School
  • Tumwater Mid Middle School
  • A G West Black Hills High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Tumwater Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80606300501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2584
  • Special Features: None
  • Cumulative Days on Market: 367

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • 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
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 1800

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tumwater
  • High School: A G West Black Hills
  • Middle Or Junior School: Tumwater Mid

Lot Info

  • Parcel Number: 80606300501
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Multi Family

  • Gross Scheduled Income: 28200
  • Net Operating Income: 21838
  • Number Of Units Total: 2
  • Insurance Expense: 834
  • Leasable Area: 2584
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3768

MLS Schools

  • Elementary School: Tumwater Hill Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Meier and Dan
Bought by
Duncan Mitchell
Current Estimated Value
$596,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$409,241
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$250,253

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 14, 2017
Sold by
Chjarlton Donald R
Bought by
Meier Robyn and Meier Dan
Seller's Agent
Catherine' 'Haag
Van Dorm Realty, Inc
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$323,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2013
Sold by
Hlliard Timothy M and Graham Sarah S
Bought by
Charlton Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,421
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2004
Sold by
Trans Northwest Construction
Bought by
Hilliard Timothy M and Graham Sarah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Unknown
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
Duncan Mitchell -- First American Title
Meier Robyn $379,719 None Available
Charlton Donald R $308,000 Thurston County Title
Hilliard Timothy M $269,900 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Mitchell $424,000
Previous Owner Meier Robyn $323,000
Previous Owner Charlton Donald R $280,000
Previous Owner Charlton Donald R $300,294
Previous Owner Charlton Donald R $302,421
Previous Owner Hilliard Timothy M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $380,000 -3.8% $147 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $395,000 -- $153 / 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 $6,082 $614,300 $252,200 $362,100
2023 $6,082 $607,800 $241,000 $366,800
2022 $4,835 $557,200 $222,800 $334,400
2021 $5,219 $410,900 $141,800 $269,100
2020 $4,037 $406,900 $98,300 $308,600
2019 $4,275 $305,000 $112,600 $192,400
2018 $4,281 $331,700 $109,000 $222,700
2017 $3,769 $287,250 $59,350 $227,900
2016 $3,444 $245,200 $67,400 $177,800
2014 -- $252,850 $71,350 $181,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1212329

Northwest Multiple Listing Service (NWMLS)

APN: 80606300501