NOT LISTED FOR SALE

9029 Steilacoom Rd SE Unit A & B Olympia, WA 98513

Meadows Neighborhood

Estimated Value: $633,000 - $684,000

6 Beds
4 Baths
2,468 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $320,000 $130 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,971/month

6 Days on Market

Highlights

  • Cul-De-Sac
  • Patio
  • Property is in very good condition
  • Meadows Elementary School Rated A-
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of April 2017

Great opportunity to own a well maintained Duplex. New roof in 2016, Updated in 2013- new beautiful hardwood laminate flooring, new carpets, fresh coat of paint, appliances, hot water tanks, lighting, fixtures. Exterior painted in 2014 . Features - Large open living room w/FP, dining room, kitchen w/island, large masters w/ master baths & double closets plus 2 more good sized bedrooms. Each unit has a patio off dining area & master bedroom. Large partly fenced yards for privacy. Great tenants -

Last Buyer's Agent

Marina Garcia

Group 7 Inc., Real Estate Serv License #27782

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1088882

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 1997

Lot Details

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

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Seven Oaks Elementary School
  • Nisqually Mid Middle School
  • River Ridge High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11813120301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,135

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2468
  • SOCComments: 2.5%
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Very 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: Septic Tank, Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Nisqually Mid

Lot Info

  • Parcel Number: 11813120301
  • Lot Size Acres: 0.3958
  • Lot Size Sq Ft: 17242
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: 17424
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 22524
  • Number Of Units Total: 2
  • Insurance Expense: 741
  • Leasable Area: 2468
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3135

MLS Schools

  • Elementary School: Seven Oaks Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Apr 25, 2017
Sold by
Haunreiter John P and Haunreiter Roswitha E
Bought by
Pawelka Richard M and Pawelka Monique E
Buyer's Agent
Marina Garcia
Group 7 Inc., Real Estate Serv
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$659,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,667
Avg. Annual Appreciation
8.91%
Original Mortgage
$220,000
Outstanding Balance
$183,952
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$475,715

Purchase Details

Listed on
Jun 24, 2013
Closed on
Aug 24, 2013
Sold by
Wells Fargo Bank National Association
Bought by
Haunreiter John P and Haunreiter Roswitha E
Seller's Agent
Mark Gillispie
Wise Realty
List Price
$207,900
Sold Price
$207,000
Premium/Discount to List
-$900
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$155,250
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2013
Sold by
Cornelius Ethan A and Cornelius Rochelle L
Bought by
Wells Fargo Bank National Association and Structured Asset Mortgage Investment Ii

Purchase Details

Closed on
Nov 30, 2007
Sold by
Cornelius Ethan A and Cornelius Rochelle L
Bought by
Grizzly Investments Three Llc

Purchase Details

Closed on
Jul 11, 2007
Sold by
Tomsinski Roman S
Bought by
Cornelius Ethan A and Cornelius Rochelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
2%
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
Pawelka Richard M $319,719 Thurston County Title
Haunreiter John P $207,280 Chicago Title Company
Wells Fargo Bank National Association $185,275 None Available
Grizzly Investments Three Llc -- None Available
Cornelius Ethan A $318,000 Stewart Title Of Western Was
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pawelka Richard M $220,000
Previous Owner Haunreiter John P $155,250
Previous Owner Cornelius Ethan A $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2017 04/26/17 Sold $320,000 -3.0% $130 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $329,900 +59.4% $134 / Sq Ft
08/30/2013 08/30/13 Sold $207,000 -0.4% $84 / Sq Ft View Prior Sale
07/03/2013 07/03/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $207,900 -- $84 / 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 $5,645 $569,800 $247,400 $322,400
2023 $5,645 $575,600 $211,800 $363,800
2022 $4,824 $504,100 $201,100 $303,000
2021 $4,664 $401,500 $157,100 $244,400
2020 $4,743 $361,800 $91,800 $270,000
2019 $3,859 $379,400 $159,700 $219,700
2018 $4,369 $311,600 $109,900 $201,700
2017 $3,756 $277,950 $82,150 $195,800
2016 $3,633 $232,400 $78,800 $153,600
2014 -- $264,300 $86,200 $178,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1088882

Northwest Multiple Listing Service (NWMLS)

APN: 11813120301