Listed by John L. Scott Lacey, Bought with Virgil Adams Real Estate, Inc.
NOT LISTED FOR SALE

Estimated Value: $473,000 - $592,000

6 Beds
4 Baths
2,128 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $236,900 $111 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,336/month

283 Days on Market

Highlights

  • 0.58 Acre Lot
  • Patio
  • Wood Siding
  • Cul-De-Sac
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of June 2016

INVESTOR/HOME BUYER! Live in one unit, rent one or rent both. Great Duplex - Utilities paid by renters. Property in good condition. Wood fireplace, radiant heat in ceilings, each unit has elec stove refrig, dishwasher. Washer & dryer hookups located in garage. Huge .58 acre lot, back yard fenced. All rooms are very good sized. Units have had continuous rent with no vacancies. Community playground & outdoor pool. Close to everything - I-5, Big Box Stores, restaurants & JBLM.

Last Agent to Sell the Property

Marlene Benton

John L. Scott Lacey License #81281 Listed on: 07/08/2015

John L. Scott Lacey

Last Buyer's Agent

Rick Wilson

Virgil Adams Real Estate, Inc. License #72711

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 815875

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 1967

Lot Details

  • 0.58 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Patio

Schools

  • Lydia Hawk Elementary School
  • Nisqually Mid Middle School
  • River Ridge High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Tanglewilde Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 78990003400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,206

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2128
  • Special Features: None
  • Cumulative Days on Market: 574

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • Pool Features: Community
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • PoolType: Community

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Septic System, Electric, Wood
  • PowerCompany: PSE
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Nisqually Mid

Lot Info

  • Parcel Number: 78990003400
  • Lot Size Acres: 0.5791
  • Lot Size Sq Ft: 25226
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Residential
  • LotNumber: 34

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 14615
  • Number Of Units Total: 2
  • Insurance Expense: 807
  • Leasable Area: 2128
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2206

MLS Schools

  • Elementary School: Lydia Hawk Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
May 31, 2016
Sold by
Helton Sandra Jo
Bought by
Phillips Staci
Seller's Agent
Marlene Benton
John L. Scott Lacey
Buyer's Agent
Rick Wilson
Virgil Adams Real Estate, Inc.
List Price
$236,900
Sold Price
$236,900
Current Estimated Value
$540,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,422
Avg. Annual Appreciation
8.86%
Original Mortgage
$189,520
Outstanding Balance
$153,057
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$367,534
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
Phillips Staci $236,619 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Staci $189,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $236,900 0.0% $111 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
07/09/2015 07/09/15 For Sale $236,900 -- $111 / 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 $4,974 $562,700 $242,500 $320,200
2023 $4,974 $499,000 $221,400 $277,600
2022 $4,066 $399,900 $169,000 $230,900
2021 $3,764 $331,500 $143,500 $188,000
2020 $3,522 $285,300 $85,700 $199,600
2019 $2,900 $274,100 $111,800 $162,300
2018 $3,663 $255,800 $89,300 $166,500
2017 $3,151 $228,450 $66,950 $161,500
2016 $2,207 $198,650 $57,050 $141,600
2014 -- $153,850 $57,050 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 815875

Northwest Multiple Listing Service (NWMLS)

APN: 78990003400