Listed by Olympic Sotheby's Int'l Realty, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $619,000 - $703,517

4 Beds
2 Baths
2,144 Sq Ft
$311/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $655,000 $306 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,168/month

72 Days on Market

Highlights

  • Patio
  • High Speed Internet
  • Wall to Wall Carpet
  • Thurgood Marshall Middle School Rated A-
  • Wood Siding

About This Home

As of September 2022

This is the premiere duplex in the highly sought after westside community of Normandy Park. You will not get another chance to purchase an investment property like this. This duplex is an absolute gem & the perfect low maintenance addition to your portfolio, while also being excellent for an owner occupant. Each side has 2 beds, 1.5 baths, 1 car garage, open concept living space downstairs, private back patio, & large .215 acre lot. Over the past few years everything has been updated from the roof, siding, flooring, paint, bathroom vanities, & more. HOA maintains manicured landscaping, keeping the curb appeal in pristine condition. Owner has taken meticulous care of this property; it is truly an investment to be proud of.

Last Agent to Sell the Property

John Stormans

Olympic Sotheby's Int'l Realty License #130340 Listed on: 06/29/2022

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Mace Erickson

Skyline Properties, Inc. License #24105

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1959798

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,095

Year Built

  • Built in 1977

Lot Details

  • 9,385

HOA Fees

  • $96 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 9,385 Sq Ft Lot

Community Details

  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 65240002800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,095

Year Built

Built in 1977

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2144
  • Special Features: None
  • Cumulative Days on Market: 406

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 96
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 65240002800
  • Lot Size Acres: 0.2154
  • Lot Size Sq Ft: 9385
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3150

Multi Family

  • Gross Scheduled Income: 37800
  • Net Operating Income: 31347
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 2144
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 23, 2022
Sold by
Mcmahon Timothy M
Bought by
Mclean Cynthia
Seller's Agent
John Stormans
Olympic Sotheby's Int'l Realty
Buyer's Agent
Mace Erickson
Skyline Properties, Inc.
List Price
$649,900
Sold Price
$655,000
Premium/Discount to List
$5,100
0.78%
Current Estimated Value
$665,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,985
Avg. Annual Appreciation
0.35%

Purchase Details

Closed on
Nov 23, 2001
Sold by
Normandy Park Llc
Bought by
Mcmahon Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,605
Interest Rate
6.63%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Mcmahon Robin Gale
Bought by
Mcmahon Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,605
Interest Rate
6.63%
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
Mclean Cynthia $655,000 Thurston County Title
Mcmahon Timothy $145,900 Chicago Title Insurance Comp
Mcmahon Timothy M -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon Timothy M $110,000
Previous Owner Mcmahon Timothy M $40,000
Previous Owner Mcmahon Timothy $138,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $655,000 +0.8% $306 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $649,900 0.0% $303 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $649,900 -- $303 / 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 $5,113 $553,400 $271,600 $281,800
2023 $5,113 $488,800 $205,500 $283,300
2022 $4,095 $450,800 $196,400 $254,400
2021 $4,360 $342,600 $135,400 $207,200
2020 $4,018 $337,600 $106,000 $231,600
2019 $3,572 $303,500 $141,200 $162,300
2018 $3,763 $279,300 $106,300 $173,000
2017 $3,171 $253,650 $81,450 $172,200
2016 $2,600 $217,150 $71,050 $146,100
2014 -- $207,750 $79,750 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1959798

Northwest Multiple Listing Service (NWMLS)

APN: 65240002800