Listed by Urban Management Company LLC
NOT LISTED FOR SALE

7547 Trails End Dr SE Unit A-B Olympia, WA 98501

Estimated Value: $521,284 - $558,000

4 Beds
2 Baths
1,800 Sq Ft
$297/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $255,000 $142 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,156/month

168 Days on Market

Highlights

  • Thermal Windows
  • Open Space
  • 1-Story Property
  • Peter G. Schmidt Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of January 2018

Great investment opportunity. Large Lot, owner has been providing landscape services, Current leases, owner pays water. New windows installed this year. Long Term tenants, 1 side updated, white trim package, with laminate flooring, other side wall to wall carpet. 1 car attached garage, with large driveways. Well maintained.

Last Agent to Sell the Property

Teri Haglund

Urban Management Company LLC License #24621 Listed on: 06/21/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1148393

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Open Space
  • Property is in good condition

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Bush Prairie Condos
  • Bush Prairie Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 37960000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,519

Year Built

Built in 1979

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Bush Prairie
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City

Condo/Co-op/Association

  • Association Fee: 162
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 37960000100
  • Lot Size Acres: 0.3279
  • Lot Size Sq Ft: 14285
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1519

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Carcia Family Trust and Garcia Glenn A
Bought by
Cornejo Miguel and Alvarado America Bailon
Current Estimated Value
$535,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Outstanding Balance
$458,487
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$76,834

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jan 4, 2018
Sold by
Pinsky Richard M
Bought by
Garcia Glenn A and Garcia Sandra L
Seller's Agent
Teri Haglund
Urban Management Company LLC
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
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
Cornejo Miguel $515,000 Chicago Title
Garcia Glenn A $254,719 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornejo Miguel $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $255,000 -10.5% $142 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $285,000 0.0% $158 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
10/13/2017 10/13/17 Price Changed $285,000 -2.7% $158 / Sq Ft
06/21/2017 06/21/17 For Sale $293,000 -- $163 / 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 $4,081 $471,900 $252,200 $219,700
2023 $4,081 $407,500 $186,000 $221,500
2022 $3,793 $401,200 $198,000 $203,200
2021 $3,688 $322,100 $157,800 $164,300
2020 $3,373 $287,300 $99,500 $187,800
2019 $3,260 $254,700 $137,200 $117,500
2018 $3,183 $246,500 $108,800 $137,700
2017 $2,925 $222,800 $89,500 $133,300
2016 $2,442 $182,750 $75,250 $107,500
2014 -- $171,350 $79,650 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1148393

Northwest Multiple Listing Service (NWMLS)

APN: 37960000100