NOT LISTED FOR SALE

811 O'Farrell Ave SE Olympia, WA 98501

Wildwood Neighborhood

Estimated Value: $358,172 - $541,000

-- Bed
1 Bath
2,520 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $145,000 $58 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,477/month

55 Days on Market

Highlights

  • 0.67 Acre Lot
  • Territorial View
  • Wood Siding
  • Lincoln Elementary School Rated A-
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of November 2013

Location, location...Versatile extended living opportunity on 2/3± acre in Olympia's Wildwood neighborhood. Close to exciting new coffee, produce, & pizza places. On bus line. Sale includes 3 parcels - 2 separate lot town houses, plus a shy half acre green space. Live in one, rent the other? buy for investment? Currently one-half owner occupied. Easy to maintain, and has always been easy to rent.

Last Buyer's Agent

Colt Fairley

Kelly Right RE of Seattle LLC License #105154

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 525769

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 75' x 390'
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lincolnelem Elementary School
  • Wash Mid Middle School
  • Olympia High School

Utilities

  • High Speed Internet

Community Details

  • Wildwood Park Condos
  • Olympia Subdivision

Listing and Financial Details

  • Tax Lot 1,2 & 3
  • Assessor Parcel Number 83700000902

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Wildwood Park
  • New Construction: No
  • CalculatedSquareFootage: 2520
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

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: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Olympia
  • WaterCompany: Olympia
  • WaterSewerGarbage: 240

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 83700000902
  • Lot Size Acres: 0.6715
  • Lot Size: 75' x 390'
  • Lot Size Sq Ft: 29250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet
  • ZoningClass: Residential
  • LotNumber: 1,2 & 3

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 700

Multi Family

  • Gross Scheduled Income: 8400
  • Net Operating Income: 2749
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2520
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4611

MLS Schools

  • Elementary School: LincolnElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Nov 7, 2013
Sold by
Norris Ruth M
Bought by
Richmond Bradley J and Partridge Sonia A
Buyer's Agent
Colt Fairley
Kelly Right RE of Seattle LLC
List Price
$315,000
Sold Price
$145,000
Premium/Discount to List
-$170,000
-53.97%
Current Estimated Value
$416,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,043
Avg. Annual Appreciation
9.21%
Original Mortgage
$108,750
Outstanding Balance
$81,229
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$334,814
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
Richmond Bradley J $145,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Bradley J $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $145,000 -54.0% $58 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $315,000 -- $125 / 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 $3,321 $329,500 $126,900 $202,600
2023 $3,321 $317,200 $97,100 $220,100
2022 $2,836 $305,900 $80,400 $225,500
2021 $2,494 $237,000 $64,800 $172,200
2020 $2,481 $192,800 $67,900 $124,900
2019 $2,660 $187,100 $60,100 $127,000
2018 $2,751 $204,100 $65,200 $138,900
2017 $2,446 $195,500 $71,900 $123,600
2016 $2,254 $182,400 $59,800 $122,600
2014 -- $179,950 $62,450 $117,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 525769

Northwest Multiple Listing Service (NWMLS)

APN: 83700000902