Listed by Engel & Voelkers Chambers Bay, Bought with Simply Home Realty, LLC
NOT LISTED FOR SALE

9031 Steilacoom Rd SE Olympia, WA 98513

Meadows Neighborhood

Estimated Value: $594,000 - $682,000

6 Beds
4 Baths
2,468 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $640,000 $259 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,060/month

4 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • 1-Story Property
  • Meadows Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of May 2022

Amazing opportunity for investor or live in one side and rent the other side. Well maintained and cash flowing Duplex! 3 bedroom 2 bath units. Open concept living with primary sweet! Attached garage on each unit. Large yards. Close to JBML, shopping and more.

Last Agent to Sell the Property

Luke Bentson

Engel & Voelkers Chambers Bay License #111918 Listed on: 04/28/2022

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Eugene Kyyan

Simply Home Realty, LLC License #135728

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1923751

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 1995

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Hawks Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11813120008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,579

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2468
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 343

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: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: 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: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 11813120008
  • Lot Size Acres: 0.3564
  • Lot Size Sq Ft: 15524
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 38760
  • Net Operating Income: 33381
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2468
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Yevgen Kyyan and Yevgen Tetiana Kyian
Bought by
9031 Steilacoom Road Llc
Current Estimated Value
$650,389

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 25, 2021
Sold by
Carpenter Stephen and Carpenter Debra
Bought by
Huang Peter and Huang Tina Chen
Seller's Agent
Laura Lundin
Abbey Realty Inc
Buyer's Agent
Laura Lundin
Abbey Realty Inc
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$345,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2016
Closed on
Jun 20, 2016
Sold by
Marstan Properties Llc
Bought by
Carpenter Stephen and Carpenter Debra
Seller's Agent
Bobbi Kelly
Bayleaf Realty
Buyer's Agent
Laura Lundin
Abbey Realty Inc
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$284,747
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2009
Sold by
Romack Marvin L
Bought by
Marstan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2009
Sold by
Marstan Properties Llc
Bought by
Romack Marvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2008
Sold by
Romack Marvin L
Bought by
Marstan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,550
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2008
Sold by
Tomsinski Roman S
Bought by
Romack Marvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,550
Interest Rate
6%
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
9031 Steilacoom Road Llc -- None Listed On Document
Huang Peter $460,000 Chicago Title
Carpenter Stephen $289,719 First American Title
Marstan Properties Llc -- None Available
Romack Marvin L -- None Available
Marstan Properties Llc -- None Available
Romack Marvin L $319,400 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Peter $345,000
Previous Owner Carpenter Stephen $284,747
Previous Owner Romack Marvin L $225,000
Previous Owner Romack Marvin L $239,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $640,000 +2.4% $259 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $625,000 +35.9% $253 / Sq Ft
01/29/2021 01/29/21 Sold $460,000 -3.2% $186 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $475,000 0.0% $192 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $475,000 +63.8% $192 / Sq Ft
06/22/2016 06/22/16 Sold $290,000 +1.8% $118 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $285,000 -- $115 / 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 $5,988 $560,700 $247,400 $313,300
2023 $5,988 $611,600 $257,900 $353,700
2022 $5,000 $530,800 $240,100 $290,700
2021 $4,567 $416,600 $181,900 $234,700
2020 $4,579 $354,000 $91,100 $262,900
2019 $3,759 $365,800 $151,800 $214,000
2018 $4,219 $300,500 $107,300 $193,200
2017 $3,570 $263,650 $76,750 $186,900
2016 $3,504 $222,000 $75,300 $146,700
2014 -- $254,600 $82,400 $172,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1923751

Northwest Multiple Listing Service (NWMLS)

APN: 11813120008