Listed by Windermere RE/Capitol Hill,Inc, Bought with Realty One Group Bold
NOT LISTED FOR SALE

9023 Steilacoom Rd SE Unit A & B Olympia, WA 98513

Meadows Neighborhood

Estimated Value: $552,000 - $640,000

6 Beds
2 Baths
2,468 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $490,000 $199 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,882/month

10 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • Wood Siding
  • Meadows Elementary School Rated A-
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of March 2021

Side by side mirror image duplex in a highly desirable cul-de-sac neighborhood. Live in one unit and rent out the other or have both units rented for a wonderful low vacancy investment opportunity. Each 3 bed/1.75 bath unit is 1234 sq ft, has one car attached garage with interior access, and loads of parking in the driveway. Features include a NEW ROOF (1/21), vaulted ceilings, wood burning fireplaces, large living & dining rooms, sliders to the partially fenced yards, and appliances included (washer/dryers belong to the tenants). Professionally well run property management can continue with your ownership. Tenants pay all utilities. Pictures show unfurnished unit and floorplans. Convenient location near shopping, restaurants, & schools.

Last Agent to Sell the Property

Philip Heier

Windermere RE/Capitol Hill,Inc License #49773 Listed on: 02/14/2021

Windermere RE/Capitol Hill,Inc

Last Buyer's Agent

Jim Clerget

Realty One Group Bold License #134306

Realty One Group Bold

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1730051

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,610

Year Built

  • Built in 1997

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,468 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Hawks Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11813120005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,610

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1997
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2468
  • Special Features: VirtualTour
  • Cumulative Days on Market: 349

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 86

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 11813120005
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2890

Multi Family

  • Gross Scheduled Income: 34140
  • Net Operating Income: 20353
  • Number Of Units Total: 2
  • Electric Expense: 55
  • Insurance Expense: 872
  • Leasable Area: 2468
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4610

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 5, 2021
Sold by
Stell A Coming 5 Llc
Bought by
Zillmar Llc
Seller's Agent
Philip Heier
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Jim Clerget
Realty One Group Bold
List Price
$477,000
Sold Price
$490,000
Premium/Discount to List
$13,000
2.73%
Current Estimated Value
$616,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,341
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Jan 30, 2008
Sold by
Carter Kenneth J and Carter Maria X
Bought by
Steil A Coming 5 Llc

Purchase Details

Closed on
Jul 5, 2007
Sold by
Tomsinksi Roman
Bought by
Carter Kenneth J and Carter Maria X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
1.4%
Mortgage Type
Unknown
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
Zillmar Llc $490,000 Cw Title
Steil A Coming 5 Llc -- None Available
Carter Kenneth J $318,800 Stewart Title Of Western Was
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Kenneth J $255,000
Previous Owner Carter Kenneth J $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $490,000 +2.7% $199 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $477,000 -- $193 / 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 $6,084 $569,800 $247,400 $322,400
2023 $6,084 $621,700 $257,900 $363,800
2022 $5,022 $539,000 $236,000 $303,000
2021 $4,649 $418,500 $174,100 $244,400
2020 $4,610 $360,600 $90,600 $270,000
2019 $3,813 $368,400 $148,700 $219,700
2018 $4,288 $305,600 $107,400 $198,200
2017 $3,648 $269,650 $73,850 $195,800
2016 $3,571 $228,150 $74,550 $153,600
2014 -- $259,650 $81,550 $178,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1730051

Northwest Multiple Listing Service (NWMLS)

APN: 11813120005