Listed by Olympic Sotheby's Int'l Realty, Bought with Theory Real Estate
$440,000
SOLD FEB 6, 2025
6 Beds
2 Baths
1,976 Sq Ft
0.33 Acres

Recently Sold

$223 Per Sq Ft

11% Below List Price

84 Days on Market

Highlights

  • Secluded Lot
  • No HOA
  • Wood Siding
  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of February 2025

Investors Special. Hard to find 3 bedroom units with 1 car garages and large back yards. This duplex is a great opportunity for an investor who is willing to bring their toolbelt! Great location with easy access to I-5 via exit 114, close to shopping and transit access. Situated close to shopping and I-5.

Last Agent to Sell the Property

Sterling Stock

Olympic Sotheby's Int'l Realty License #20207 Listed on: 08/19/2024

Olympic Sotheby's Int'l Realty

Co-Listed By

Benjamin Gaubert

Olympic Sotheby's Int'l Realty License #122552

Last Buyer's Agent

Rizwan Awan

Theory Real Estate License #27407

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2279795

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1963

Lot Details

  • 0.33 Acre Lot
  • Secluded Lot

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tanglewilde Subdivision

Listing and Financial Details

  • Assessor Parcel Number 78970002300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,626

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1963
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1976
  • Special Features: None
  • Cumulative Days on Market: 230

Interior Features

  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Secluded, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 78970002300
  • Lot Size Acres: 0.3306
  • Lot Size Sq Ft: 14400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Natural Gas, Wood

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3070

Multi Family

  • Gross Scheduled Income: 3100
  • Number Of Units Total: 2
  • Leasable Area: 1976
  • EnergySource: Natural Gas,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4626

MLS Schools

  • Elementary School: Lydia Hawk Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Feb 5, 2025
Sold by
Doughly Razhida E and Doughly Raghida
Bought by
Awan Rizwan Ahmad
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Rizwan Awan
Theory Real Estate
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Total Days on Market
84
Views
121
Current Estimated Value
$471,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,333
Avg. Annual Appreciation
16.26%
Original Mortgage
$461,250
Outstanding Balance
$460,469
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$12,531

Purchase Details

Listed on
Aug 19, 2024
Closed on
Jan 31, 2025
Sold by
Awan Anikah
Bought by
Awan Rizwan Ahmad
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Rizwan Awan
Theory Real Estate
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$460,469
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$12,531
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 Thurston County Title
Quit Claim Deed -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $461,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $440,000 -7.4% $223 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $475,000 -4.0% $240 / Sq Ft
08/19/2024 08/19/24 For Sale $495,000 -- $251 / 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 $4,526 $482,500 $242,500 $240,000
2023 $4,526 $452,100 $206,200 $245,900
2022 $3,321 $344,900 $140,200 $204,700
2021 $3,453 $267,500 $100,300 $167,200
2020 $3,111 $260,300 $83,500 $176,800
2019 $2,597 $240,100 $96,100 $144,000
2018 $3,297 $228,800 $84,100 $144,700
2017 $2,624 $187,900 $49,400 $138,500
2016 $1,952 $173,750 $52,250 $121,500
2014 -- $134,550 $52,250 $82,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2279795

Northwest Multiple Listing Service (NWMLS)

APN: 78970002300