NOT LISTED FOR SALE

7508 Littlerock Rd SW Unit ABCD Olympia, WA 98512

Estimated Value: $729,000 - $1,198,000

8 Beds
4 Baths
3,840 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $370,000 $96 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,969/month

81 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • 1-Story Property
  • Michael T. Simmons Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of November 2014

Great investment opportunity, income producing property at an affordable price. 4 units, fully rented. Newer roofs (7 yrs). Large lot for vehicles or RV parking. Each unit has 2 bedrooms, 1 bath, W/D hook ups, 1 car garage. Low maintenance.

Last Listed By

Jacki Pruss

Greyson Real Estate License #27281 Listed on: 06/26/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 658694

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,830

Year Built

  • Built in 1975

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,840 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • A G West Black Hills High School

Utilities

  • Private Water Source
  • Septic Tank
  • Septic System

Community Details

  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09090018002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,830

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3840
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 350

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: private
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 09090018002
  • Lot Size Acres: 2.56
  • Lot Size Sq Ft: 111514
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Multi Family

  • Gross Scheduled Income: 2750
  • Number Of Units Total: 4
  • Leasable Area: 3840
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Nov 10, 2014
Sold by
Stuart George W
Bought by
Anna Michael F
Seller's Agent
Jacki Pruss
Greyson Real Estate
Buyer's Agent
Mike Young
Coldwell Banker Danforth
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%
Total Days on Market
81
Current Estimated Value
$943,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,982
Avg. Annual Appreciation
9.29%
Original Mortgage
$277,500
Outstanding Balance
$216,837
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$723,131

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
Anna Michael F $384,887 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anna Michael F $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $370,000 -7.5% $96 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $400,000 -- $104 / 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 $8,830 $735,000 $329,800 $405,200
2023 $8,830 $832,400 $260,500 $571,900
2022 $8,660 $682,900 $175,000 $507,900
2021 $8,861 $683,200 $392,100 $291,100
2020 $8,921 $630,300 $350,200 $280,100
2019 $5,618 $612,700 $351,000 $261,700
2018 $4,994 $345,100 $99,700 $245,400
2017 $5,837 $393,850 $152,650 $241,200
2016 $4,567 $342,250 $119,150 $223,100
2014 -- $305,550 $126,150 $179,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 658694

Northwest Multiple Listing Service (NWMLS)

APN: 09090018002