Listed by Redfin, Bought with Group 7 Inc., Real Estate Serv
NOT LISTED FOR SALE

7636 Pacific Ave SE Lacey, WA 98503

6 Beds
6 Baths
7,344 Sq Ft
1.02 Acres

Last Sold March 11, 2016

Last sale price $847,000 $115 Per Sq Ft

5 Days on Market

About This Home

As of March 2016

Great opportunity 16 one bedroom units, 4 in each building all on one single parcel. Close to town and busline. Properties are maintained with vinyl windows, and freshly painted exterior. Plenty of parking in front of building Several long-term tenants low vacancy rates make this a solid investment.

Last Agent to Sell the Property

Kristine Conrads

Redfin License #76492 Listed on: 11/16/2015

Redfin

Last Buyer's Agent

Kelli Morgan

Group 7 Inc., Real Estate Serv License #46356

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 870734

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,712

Year Built

  • Built in 1969

Lot Details

  • 1.02 Acre Lot
  • Property is in average condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,344 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11814330900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,712

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7344
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 369

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 5500

Fee Information

  • Annual Fuel Expense: 400

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 11814330900
  • Lot Size Acres: 1.02
  • Lot Size Sq Ft: 44431
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: public record
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 9631

Multi Family

  • Gross Scheduled Income: 97273
  • Net Operating Income: 66722
  • Number Of Units Total: 16
  • Electric Expense: 400
  • Insurance Expense: 3179
  • Leasable Area: 7344
  • UnitsInBuildingTotal: 16
  • UnitsBelowGrade: false
  • VacancyRate: 13

Tax Info

  • Year: 2014
  • Tax Annual Amount: 11712

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/11/2016 03/11/16 Sold $847,000 -3.2% $115 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $875,000 -- $119 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kristine Conrads

    Redfin

    Section Image

  • K

    Buyer's Agent in 2016

    Kelli Morgan

    Group 7 Inc., Real Estate Serv

    (360) 791-3788

    2 Total Sales

    Kelli Morgan
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 870734

Northwest Multiple Listing Service (NWMLS)
Washington Thurston County Lacey 98503

7636 Pacific Ave SE, Lacey, WA

This home is located at 7636 Pacific Ave SE, Lacey, WA 98503 since 16 November 2015. This property was built in 1969. 7636 Pacific Ave SE is a home located in Thurston County with nearby schools including Seven Oaks Elementary School, Nisqually Middle School, and River Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes