NOT LISTED FOR SALE

Estimated Value: $339,000 - $437,000

2 Beds
2 Baths
1,224 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $81,200 $66 Per Sq Ft

Est. 378% increase in value since last sale

Current estimated payment $2,345/month

7 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • Partially Fenced Property
  • Reeves Middle School Rated A-
  • Patio
  • 4-minute walk to East Bay Waterfront Park

About This Home

As of June 2013

Incredible find in this downtown duplex with an ideal urban location. Each of the units offers a very comfortable 1 bedroom layout with a nice-sized kitchen, a sunny living room space, a full bathroom, and backyard access. This prime location should be ideal to rent as well as convenient to your tenants. VALUE priced for your repairs!

Last Agent to Sell the Property

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565 Listed on: 05/16/2013

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Kaaleen Gassin

North Star Realty License #95210

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 488683

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1914

Lot Details

  • 2,178 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 78202801002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$808

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1914
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1224
  • Special Features: None
  • Cumulative Days on Market: 281

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 78202801002
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Patio

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

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

Tax Info

  • Year: 2013
  • Tax Annual Amount: 808

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1224
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 11, 2013
Sold by
Deutsche Bank Trust Company Americas
Bought by
Hawthorne John
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Kaaleen Gassin
North Star Realty
List Price
$79,900
Sold Price
$81,200
Premium/Discount to List
$1,300
1.63%
Total Days on Market
7
Current Estimated Value
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,800
Avg. Annual Appreciation
14.85%

Purchase Details

Listed on
May 16, 2013
Closed on
May 2, 2013
Sold by
Luque Todd James
Bought by
Deutsche Bank Trust Company Americas
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Kaaleen Gassin
North Star Realty
List Price
$79,900
Sold Price
$81,200
Premium/Discount to List
$1,300
1.63%

Purchase Details

Closed on
Jan 21, 2005
Sold by
Goebel Bill and Goebel Marilee J
Bought by
Luque Todd James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
8.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 1998
Sold by
Leenhouts H Wayne and Leenhouts Emily
Bought by
Goebel William P and Goebel Marilee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.93%
Source: Public Records

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Range of Values:

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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
Hawthorne John $81,200 Fidelity National Title
Deutsche Bank Trust Company Americas $110,000 None Available
Luque Todd James $123,500 Stewart Title Of Wester
Goebel William P $62,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawthorne John $49,438
Previous Owner Luque Todd James $152,000
Previous Owner Luque Todd James $98,800
Previous Owner Goebel William P $57,000
Closed Luque Todd James $24,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2013 06/17/13 Sold $81,200 +1.6% $66 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $79,900 -- $65 / 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 $2,003 $399,100 $271,600 $127,500
2023 $2,003 $190,900 $79,200 $111,700
2022 $1,893 $195,700 $81,000 $114,700
2021 $2,191 $157,900 $56,300 $101,600
2020 $1,744 $169,300 $54,000 $115,300
2019 $1,542 $131,300 $50,800 $80,500
2018 $1,593 $118,100 $41,600 $76,500
2017 $1,170 $93,100 $24,200 $68,900
2016 $757 $75,350 $26,250 $49,100
2014 -- $60,000 $27,700 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 488683

Northwest Multiple Listing Service (NWMLS)

APN: 78202801002