NOT LISTED FOR SALE

Estimated Value: $524,000 - $565,702

4 Beds
2 Baths
1,766 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 23, 2013

Last sale price $227,000 $129 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,273/month

6 Days on Market

Highlights

  • RV Access or Parking
  • 0.6 Acre Lot
  • Patio
  • Reeves Middle School Rated A-
  • Corner Lot
  • Property is Fully Fenced

About This Home

As of September 2013

Well maintained duplex located on over 1/2 acre (.60) in a great area, NE Olympia, close to all services, yet far enough out to be private and quiet. Great tenant history, good leases in place. Each unit has 1 car garage, both offer 2 bedrooms and 1 bath, private patios and fully fenced yards. Very nice lot, good privacy front and back. New roof and exterior paint in approx. 2005, all good condition.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1977

Lot Details

  • 0.6 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Corner Lot
  • Property is in average condition

Home Design

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

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

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

Outdoor Features

  • Patio

Schools

  • Rooseveltelem Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Eastside Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09480068001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,663

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1766
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Concrete Ribbon
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: NA
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 09480068001
  • Lot Size Acres: 0.6
  • Lot Size Sq Ft: 26136
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio,RV Parking
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 16417
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 1766
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2663

MLS Schools

  • Elementary School: RooseveltElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Sep 17, 2013
Sold by
Bird Scott A
Bought by
Gallegos Anthony and Popova Ellada
List Price
$239,950
Sold Price
$227,000
Premium/Discount to List
-$12,950
-5.4%
Current Estimated Value
$541,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,176
Avg. Annual Appreciation
7.48%
Original Mortgage
$170,250
Outstanding Balance
$126,845
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$414,331

Purchase Details

Closed on
Nov 9, 2012
Sold by
Fischer Bird Tamara L
Bought by
Bird Scott A

Purchase Details

Closed on
May 29, 2008
Sold by
Everett James C
Bought by
Bird Scott and Bird Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Everett James C
Bought by
Everett James C and James C Everett Irrevocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gallegos Anthony $227,000 Chicago Title Company
Bird Scott A -- None Available
Bird Scott $295,000 Chicago Title Company
Everett James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Anthony $170,250
Previous Owner Bird Scott $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2013 09/23/13 Sold $227,000 -5.4% $129 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $239,950 -- $136 / 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 $4,714 $494,600 $271,600 $223,000
2023 $4,714 $450,600 $211,100 $239,500
2022 $4,650 $408,100 $192,200 $215,900
2021 $4,013 $389,100 $214,200 $174,900
2020 $4,321 $310,700 $112,000 $198,700
2019 $3,224 $326,400 $183,700 $142,700
2018 $3,206 $237,900 $101,200 $136,700
2017 $3,343 $267,450 $125,150 $142,300
2016 $2,487 $208,950 $99,250 $109,700
2014 -- $198,650 $104,750 $93,900
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 523956

Northwest Multiple Listing Service (NWMLS)

APN: 09480068001