Listed by Knipe Realty ERA Powered, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

8202 Normandy St SE Olympia, WA 98501

Estimated Value: $365,000 - $453,000

3 Beds
2 Baths
1,560 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $345,000 $221 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,498/month

53 Days on Market

Highlights

  • Corner Lot
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • East Olympia Elementary School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of June 2021

Do not miss out on this 2 unit multi-family home. Live in half and rent the other? Remodel and make it one home. Great location, corner lot. Local food, transit and shopping close by. Private School PK-8 across the street. Great investment, come take a look! Previous sale failed due to financing.

Last Agent to Sell the Property

David Neal

Knipe Realty ERA Powered License #23002418 Listed on: 03/17/2021

Co-Listed By

Charles Grate

Real Broker LLC License #24984

Last Buyer's Agent

Sarah Morris

Van Dorm Realty, Inc License #71587

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1743824

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1974

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39900500100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Buyer Broker must be present at showings
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 39900500100
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: tax records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 1550

Multi Family

  • Gross Scheduled Income: 1750
  • Number Of Units Total: 2
  • Leasable Area: 1560
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jun 10, 2021
Sold by
Hicks Kevin J and Hicks Melody L
Bought by
Hieronymus Troy
Seller's Agent
David Neal
Knipe Realty ERA Powered
Buyer's Agent
Sarah Morris
Van Dorm Realty, Inc
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$418,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,460
Avg. Annual Appreciation
5.24%
Original Mortgage
$293,250
Outstanding Balance
$268,375
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,636

Purchase Details

Closed on
Jun 11, 2010
Sold by
U S Bank National Assocation
Bought by
Hicks Kevin J and Hicks Melody L

Purchase Details

Closed on
Apr 9, 2010
Sold by
Rickert Patricia L and Rickert Fred C
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 26, 2009
Sold by
Rickert Patricia L
Bought by
Rickert Patricia L

Purchase Details

Closed on
Mar 29, 2007
Sold by
Brown Vickie L
Bought by
Rickert Fred C and Rickert Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.61%
Mortgage Type
Balloon

Purchase Details

Closed on
May 2, 2001
Sold by
Shaver Douglas V
Bought by
Brown Terry M and Brown Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,441
Interest Rate
6.89%
Mortgage Type
FHA
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
Hieronymus Troy $345,000 Chicago Title
Hicks Kevin J $125,000 Chicago Title Company
U S Bank National Association $193,010 None Available
Rickert Patricia L -- None Available
Rickert Fred C -- Chicago Title Company
Brown Terry M -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hieronymus Troy $293,250
Previous Owner Bordwell Hicks Kevin James $80,000
Previous Owner Hicks Kevin J $87,500
Previous Owner Rickert Fred C $172,500
Previous Owner Brown Terry M $118,677
Previous Owner Brown Terry M $116,937
Previous Owner Brown Terry M $114,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $345,000 0.0% $221 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $345,000 0.0% $221 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/18/2021 04/18/21 Price Changed $345,000 0.0% $221 / Sq Ft
04/18/2021 04/18/21 For Sale $345,000 +1.5% $221 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $340,000 -- $218 / 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 $3,228 $356,400 $194,000 $162,400
2023 $3,228 $303,200 $159,800 $143,400
2022 $2,607 $296,800 $153,000 $143,800
2021 $2,962 $209,400 $101,100 $108,300
2020 $2,771 $219,700 $73,700 $146,000
2019 $2,230 $201,000 $93,000 $108,000
2018 $2,504 $178,500 $90,500 $88,000
2017 $2,111 $144,700 $56,500 $88,200
2016 $1,550 $124,300 $37,500 $86,800
2014 -- $103,800 $40,200 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1743824

Northwest Multiple Listing Service (NWMLS)

APN: 39900500100