Listed by Wilcox Real Estate, Bought with Blue Summit Realty LLC
NOT LISTED FOR SALE

9128 Tolo Ct NE Unit A Olympia, WA 98516

Meadows Neighborhood

Estimated Value: $497,119 - $602,000

4 Beds
4 Baths
2,280 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $300,000 $132 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,298/month

61 Days on Market

Highlights

  • Cul-De-Sac
  • Wood Siding
  • Vinyl Flooring
  • Meadows Elementary School Rated A-

About This Home

As of May 2019

Duplex in excellent location, has been rented for the past 10 years with no vacancy. Each unit is 1,140 sq ft with 2 bedrooms and 1.5 baths. The master bedroom upstairs is huge and always a plus for tenants. Large lot with front and backyard space and patio off the back of the kitchen. Each side has a single car garage. Close to JBLM, shopping and schools. Good sized backyard and plenty of space for parking.

Last Agent to Sell the Property

Barrett Burbidge

Wilcox Real Estate License #137665 Listed on: 03/02/2019

Last Buyer's Agent

Jonell Bozeman

Blue Summit Realty LLC License #94616

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1447302

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1980

Lot Details

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

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 78770010000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,620

Year Built

Built in 1980

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2280
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: See Remarks, Vinyl
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 135
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 78770010000
  • Lot Size Acres: 0.2888
  • Lot Size Sq Ft: 12582
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1950

Multi Family

  • Gross Scheduled Income: 23400
  • Net Operating Income: 17607
  • Number Of Units Total: 2
  • Insurance Expense: 1003
  • Leasable Area: 2280
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2019
Closed on
May 30, 2019
Sold by
Burbidge Barrett A and Burbidge Brandi L
Bought by
Umer Stacey
Seller's Agent
Barrett Burbidge
Wilcox Real Estate
Buyer's Agent
Jonell Bozeman
Blue Summit Realty LLC
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$541,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,780
Avg. Annual Appreciation
9.05%
Original Mortgage
$225,000
Outstanding Balance
$199,865
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$318,289

Purchase Details

Closed on
Dec 28, 2004
Sold by
Woods Charles R
Bought by
Burbidge Barrett and Burbidge Brandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,950
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
Umer Stacey $300,000 Chicago Title Company
Burbidge Barrett $199,950 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umer Stacey $225,000
Previous Owner Mills Samuel B $63,250
Previous Owner Burbidge Barrett $159,950
Closed Burbidge Barrett $19,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $300,000 0.0% $132 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/28/2019 04/28/19 Price Changed $300,000 -6.3% $132 / Sq Ft
03/02/2019 03/02/19 For Sale $320,000 -- $140 / 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 $5,117 $540,400 $242,500 $297,900
2023 $5,117 $520,200 $208,000 $312,200
2022 $4,059 $440,800 $183,200 $257,600
2021 $3,989 $335,700 $125,400 $210,300
2020 $3,815 $307,600 $83,300 $224,300
2019 $3,182 $302,600 $121,200 $181,400
2018 $3,620 $256,300 $99,200 $157,100
2017 $2,893 $211,500 $57,200 $154,300
2016 $2,533 $208,450 $63,850 $144,600
2014 -- $181,250 $63,850 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1447302

Northwest Multiple Listing Service (NWMLS)

APN: 78770010000