Listed by Van Dorm Realty, Inc, Bought with Real Broker LLC
NOT LISTED FOR SALE

7547 Trails End Dr SE Olympia, WA 98501

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

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

Last Sold October 28, 2024

Last sale price $515,000 $286 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,158/month

90 Days on Market

Highlights

  • Baseboard Heating
  • Wall to Wall Carpet
  • 1-Story Property
  • Peter G. Schmidt Elementary School Rated A-

About This Home

As of October 2024

Beautifully updated one-story 2-bedroom duplex in Tumwater! This exceptionally well-maintained property features an attached garage for each unit on a spacious 0.33-acre lot, offering 1800 square feet of living space. Built in 1979, the duplex received significant upgrades in 2018, including a new roof, gutters, and exterior paint. Unit B was refreshed with new interior paint and carpets in 2023, while Unit A received new flooring in 2018. With great long-term tenants and low HOA fees of just $186 per year, this is a rare investment opportunity in a fantastic neighborhood, priced to sell!

Last Agent to Sell the Property

Sukjoo Sohn

Van Dorm Realty, Inc License #39327 Listed on: 07/02/2024

Van Dorm Realty, Inc

Last Buyer's Agent

Stacy Littlejohn

Real Broker LLC License #90836

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2259425

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,080

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Property is in good condition

HOA Fees

  • $16 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Schools

  • Michael T Simmons El Elementary School
  • Tumwater Mid Middle School
  • Tumwater High School

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37960000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,080

Year Built

Built in 1979

Lot Details

0

HOA Fees

$16 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
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • Special Features: None

Interior Features

  • Possible Use: Office
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks, Wood Products
  • Foundation Details: Poured Concrete
  • 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
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Tumwater

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 186
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: Tumwater Mid

Lot Info

  • Parcel Number: 37960000100
  • Lot Size Acres: 0.3279
  • Lot Size Sq Ft: 14285
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningClass: Office

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1350

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4080

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Michael T Simmons El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Oct 18, 2024
Sold by
Carcia Family Trust and Garcia Glenn A
Bought by
Cornejo Miguel and Alvarado America Bailon
Seller's Agent
Sukjoo Sohn
Van Dorm Realty, Inc
Buyer's Agent
Stacy Littlejohn
Real Broker LLC
List Price
$515,000
Sold Price
$515,000
Views
5
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.
Estimated Appreciation
$20,321
Avg. Annual Appreciation
3.95%
Original Mortgage
$463,500
Outstanding Balance
$458,487
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$76,834

Purchase Details

Closed on
Jan 4, 2018
Sold by
Pinsky Richard M
Bought by
Garcia Glenn A and Garcia Sandra L
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
10/28/2024 10/28/24 Sold $515,000 0.0% $286 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $515,000 0.0% $286 / Sq Ft
07/17/2024 07/17/24 Off Market $515,000 -- --
07/04/2024 07/04/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $515,000 -- $286 / 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: 2259425

Northwest Multiple Listing Service (NWMLS)

APN: 37960000100