Listed by Terry Wise & Associates, Bought with Wilcox Real Estate
NOT LISTED FOR SALE

9133 Tolo Ct NE Unit A & B Olympia, WA 98516

Meadows Neighborhood

Estimated Value: $533,000 - $587,000

4 Beds
2 Baths
1,960 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $535,000 $273 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,377/month

22 Days on Market

Highlights

  • Deck
  • Territorial View
  • Cul-De-Sac
  • Meadows Elementary School Rated A-
  • Corner Lot
  • Patio

About This Home

As of December 2023

Fantastic opportunity to own a duplex located in the Hawks Prairie community W/easy access to I-5! $1,650 rent/side- 6.4% cap rate. Both units offer a living room W/wood fireplace ft brick surround. Both W/open kitchens- Unit A W/newer cabinetry/Unit B W/originals, plenty of prep space, & appliances that stay! Dining area off kitchen! 2 oversized bedrooms & 1 full bath- including a primary bedroom W/dual closets. Unit A bathroom has been updated. Unit B W/original bathroom & sink only in primary. 1 car garage per unit (2 car garage total). Both units have a large, fenced yard W/patio area. Front porch for seating! Centrally located near shopping, restaurants, schools & entertainment! Minutes to parks/recreation. ~15 minutes to JBLM!

Last Agent to Sell the Property

Shawn Maxey

Terry Wise & Associates License #74359 Listed on: 10/05/2023

Terry Wise & Associates

Co-Listed By

Carrie Johnson

Terry Wise & Associates License #129380

Last Buyer's Agent

Paulette Taylor

Wilcox Real Estate License #135754

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2167645

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,486

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

HOA Fees

  • $11 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Tanglewilde East Condos
  • Hawks Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 78770009700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,486

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tanglewilde East
  • New Construction: No
  • CalculatedSquareFootage: 1960
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: On sales price, less than concessions!
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Paved
  • View: Yes
  • 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: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Security: PartiallyFenced
  • Cooling: Radiant
  • Cooling Y N: Yes
  • Heating: Radiant
  • 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

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 78770009700
  • Lot Size Acres: 0.2963
  • Lot Size Sq Ft: 12905
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.26
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 39600
  • Net Operating Income: 33679
  • Number Of Units Total: 2
  • Insurance Expense: 1300
  • Leasable Area: 1960
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4486

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 16, 2023
Sold by
Park Chase and Dorle Paola
Bought by
Garibay Antonio Angel and Garibay Nicole Dakota
Seller's Agent
Shawn Maxey
Terry Wise & Associates
Buyer's Agent
Paulette Taylor
Wilcox Real Estate
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
18
Current Estimated Value
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,000
Avg. Annual Appreciation
2.30%
Original Mortgage
$546,502
Outstanding Balance
$539,432
Interest Rate
7.63%
Mortgage Type
VA
Estimated Equity
$17,901

Purchase Details

Closed on
Oct 30, 2020
Sold by
Homann Tracey A and Homann Cindy L
Bought by
Yip Bei and Park Chase

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,660
Interest Rate
2.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Garibay Antonio Angel $535,000 Chicago Title
Yip Bei -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garibay Antonio Angel $546,502
Previous Owner Yip Bei $429,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $535,000 +1.9% $273 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $525,000 -- $268 / 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 $5,220 $521,000 $242,500 $278,500
2023 $5,220 $531,000 $208,300 $322,700
2022 $4,156 $450,600 $184,300 $266,300
2021 $3,697 $344,000 $127,200 $216,800
2020 $3,605 $284,200 $83,500 $200,700
2019 $2,959 $285,200 $121,800 $163,400
2018 $3,415 $241,200 $99,300 $141,900
2017 $2,710 $197,400 $58,000 $139,400
2016 $2,385 $193,200 $64,100 $129,100
2014 -- $170,100 $64,100 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2167645

Northwest Multiple Listing Service (NWMLS)

APN: 78770009700