Listed by Van Dorm Realty, Inc, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

8018 S Bicentennial Loop SE Olympia, WA 98503

Estimated Value: $499,000 - $654,000

6 Beds
2 Baths
2,292 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $390,000 $170 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,400/month

5 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 1-Story Property
  • Territorial View
  • Wall to Wall Carpet

About This Home

As of November 2020

Great Investment opportunity in Lacey!! Hard to find 3 bedroom, one full bath with 1 car attached garage on each unit on one level. Each unit has fireplace, vaulted ceiling, skylight, large deck, new roof in 2009. Nice kitchen and spacious living room. Great open floor plan. Nice large corner lot on .37 acre lot. Excellent condition. Easy access to shopping , school, 1-5 and JBLM. Great cash flow investment property!!

Last Agent to Sell the Property

Sukjoo Sohn

Van Dorm Realty, Inc License #39327 Listed on: 10/14/2020

Van Dorm Realty, Inc

Last Buyer's Agent

Alex Bautista

Abbey Realty Inc License #80837

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1677426

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1984

Lot Details

  • 0.37 Acre Lot
  • Corner Lot
  • Property is in good condition

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,292 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck

Schools

  • Nisqually Mid Middle School
  • River Ridge High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Hawks Prairie Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 34570006701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,267

Year Built

Built in 1984

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2292
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks
  • 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: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee: 149
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 34570006701
  • Lot Size Acres: 0.3667
  • Lot Size Sq Ft: 15973
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Assessor
  • ZoningClass: Residential
  • LotNumber: 2

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2240

Multi Family

  • Gross Scheduled Income: 2240
  • Number Of Units Total: 2
  • Insurance Expense: 871
  • Leasable Area: 2292
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3267

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Nov 6, 2020
Sold by
Chung Connie Suk
Bought by
Jenna Properties Llc
Seller's Agent
Sukjoo Sohn
Van Dorm Realty, Inc
Buyer's Agent
Alex Bautista
Abbey Realty Inc
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Current Estimated Value
$561,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,418
Avg. Annual Appreciation
7.64%
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
Jenna Properties Llc $390,000 Thurston County Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $390,000 -1.3% $170 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/17/2020 10/17/20 Price Changed $395,000 +2.6% $172 / Sq Ft
10/14/2020 10/14/20 For Sale $385,000 -- $168 / 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 $5,048 $514,200 $242,500 $271,700
2023 $5,048 $521,900 $259,800 $262,100
2022 $3,660 $397,000 $180,300 $216,700
2021 $3,635 $309,700 $133,000 $176,700
2020 $3,267 $274,900 $83,900 $191,000
2019 $2,769 $253,000 $98,300 $154,700
2018 $3,514 $244,800 $84,600 $160,200
2017 $2,902 $209,300 $52,200 $157,100
2016 $2,398 $191,150 $53,450 $137,700
2014 -- $168,250 $53,450 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1677426

Northwest Multiple Listing Service (NWMLS)

APN: 34570006701