Listed by eXp Realty, Bought with Real Broker LLC
$575,000
SOLD OCT 9, 2024
-- Bed
-- Bath
1,546 Sq Ft
0.34 Acres

Recently Sold

$372 Per Sq Ft

96 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Baseboard Heating
  • Timberline High School Rated A-
  • Patio
  • Property is Fully Fenced

About This Home

As of October 2024

Discover this 5-star remodeled income-producing duplex, meticulously renovated down to the studs in 2021-22. Everything has been updated or corrected, including a new 30-year roof, insulation, fresh interior and exterior paint, ductless AC, plumbing, kitchens, bathrooms, and nearly all interior fixtures, windows, doors, and hot water heaters. Located on a tranquil dead-end street, it's just a short walk to Lake access. The property also features beautiful landscaping. There’s far too much to list here. See supplements/ List agent for more details. Perfect for living and investment, this duplex is a true gem!

Last Agent to Sell the Property

Cyrus Bonnet

eXp Realty License #109117 Listed on: 06/13/2024

eXp Realty

Last Buyer's Agent

Krystopher Ceja

Real Broker LLC License #23018967

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2249248

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11702110502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1546
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 377

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, See Remarks
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 1440

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 150

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 11702110502
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.89
  • LeasedItems: None
  • TotalMonthlyIncome: 1

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 34475
  • Number Of Units Total: 2
  • Electric Expense: 1350
  • Insurance Expense: 1890
  • Leasable Area: 1546
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Oct 7, 2024
Sold by
Junk John T and Junk Barbara
Bought by
Campos-Cruz Oscar and Campos-Cruz Antonio
Seller's Agent
Cyrus Bonnet
eXp Realty
Buyer's Agent
Krystopher Ceja
Real Broker LLC
List Price
$574,950
Sold Price
$575,000
Premium/Discount to List
$50
0.009%
Views
100
Current Estimated Value
$586,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,365
Avg. Annual Appreciation
2.30%
Original Mortgage
$564,585
Outstanding Balance
$559,755
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$26,610

Purchase Details

Closed on
May 17, 2021
Sold by
Junk John T
Bought by
Junk John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
2.9%
Mortgage Type
New Conventional
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 $575,000 Wfg National Title
Interfamily Deed Transfer -- Servicelink
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $564,585 FHA
Previous Owner $332,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $575,000 0.0% $372 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $574,950 0.0% $372 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $574,950 -4.2% $372 / Sq Ft
06/13/2024 06/13/24 For Sale $599,950 -- $388 / 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 $3,895 $431,300 $247,400 $183,900
2023 $3,895 $392,100 $204,700 $187,400
2022 $2,843 $296,900 $141,700 $155,200
2021 $3,013 $231,100 $105,900 $125,200
2020 $2,900 $229,300 $91,000 $138,300
2019 $2,332 $226,900 $112,800 $114,100
2018 $2,581 $179,600 $73,800 $105,800
2017 $2,089 $149,550 $49,050 $100,500
2016 $2,066 $145,250 $60,150 $85,100
2014 -- $146,000 $65,800 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2249248

Northwest Multiple Listing Service (NWMLS)

APN: 11702110502