Listed by Virgil Adams Real Estate, Inc., Bought with John L. Scott, Inc
NOT LISTED FOR SALE

927 S 5th Ave SW Tumwater, WA 98512

Tumwater Hill Neighborhood

Estimated Value: $533,000 - $606,010

6 Beds
2 Baths
1,613 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $530,000 $329 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,373/month

6 Days on Market

Highlights

  • Patio
  • Vinyl Plank Flooring
  • Property is in very good condition
  • Michael T. Simmons Elementary School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of December 2021

Fantastic investment opportunity in an excellent location. Extremely well maintained duplex w\loads of updates. Fresh exterior paint. Unit 927 interior recently painted, new Luxury Vinyl Plank flooring, newer ductless heat mini split w/A/C. Unit 925 has a new (2021) Ductless heat system w/A/C & includes washer/dryer. Bright, open & spacious units w/private back patios & space to relax. Newer architectural roof, gutter guards, and vinyl windows. Two car carport and two other off street parking spaces. Easy I-5 access, on the bus line, near Tumwater Hill, close to schools, minutes to South Puget Sound Community College, & near the heart of Tumwater shopping district. Turn-key investment property is an excellent cash flow machine. NO HOA!

Last Agent to Sell the Property

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340 Listed on: 11/16/2021

Last Buyer's Agent

Dawson Van Pelt

John L. Scott, Inc License #114548

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1864914

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,009

Year Built

  • Built in 1960

Lot Details

  • 8,000 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,613 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Michael T Simmons El Elementary School
  • Tumwater Mid Middle School
  • A G West Black Hills High School

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33202800500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,009

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1613
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tumwater
  • High School: A G West Black Hills
  • Middle Or Junior School: Tumwater Mid

Lot Info

  • Parcel Number: 33202800500
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2900

Multi Family

  • Gross Scheduled Income: 34800
  • Net Operating Income: 30879
  • Number Of Units Total: 2
  • Insurance Expense: 912
  • Leasable Area: 1613
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3009

MLS Schools

  • Elementary School: Michael T Simmons El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 23, 2021
Sold by
Ochsner Allen and Ochsner Linda
Bought by
Vanpelt Luke and Vanpelt Van Pelt
Seller's Agent
Sue Sandberg
Virgil Adams Real Estate, Inc.
Buyer's Agent
Dawson Van Pelt
John L. Scott, Inc
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%
Current Estimated Value
$562,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,017
Avg. Annual Appreciation
0.78%
Original Mortgage
$378,000
Outstanding Balance
$351,913
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$193,109

Purchase Details

Closed on
May 27, 2014
Sold by
Fair Tracy A
Bought by
Vandormolen William and Eastside Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,135
Interest Rate
4.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2014
Sold by
Eastside Funding Llc
Bought by
Vandormolen William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,135
Interest Rate
4.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2008
Sold by
Davis Buddy L and Davis Tricia J
Bought by
Fair Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2006
Sold by
Dethlefs Neil Edward
Bought by
Davis Buddy L and Davis Tricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 1998
Sold by
Dethlefs Neil Edward
Bought by
Dethlefs Neil Edward and The Neil Edward Dethlefs Living Trust
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
Vanpelt Luke $530,000 Chicago Title
Vandormolen William $121,500 None Available
Vandormolen William -- None Available
Fair Tracy A $256,000 Stewart Title Of Western Was
Davis Buddy L $200,000 Chicago Title Company
Dethlefs Neil Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanpelt Luke $378,000
Previous Owner Ochsner Allen $196,800
Previous Owner Ochsner Linda R $135,000
Previous Owner Vandormolen William $112,135
Previous Owner Fair Tracy A $165,500
Previous Owner Davis Buddy L $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $530,000 +7.1% $329 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $495,000 -- $307 / 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 $3,551 $434,200 $252,200 $182,000
2023 $3,551 $354,500 $193,500 $161,000
2022 $2,809 $328,800 $181,700 $147,100
2021 $3,009 $238,400 $119,000 $119,400
2020 $2,686 $234,300 $96,800 $137,500
2019 $2,603 $202,700 $115,700 $87,000
2018 $2,485 $192,400 $92,900 $99,500
2017 $2,082 $158,350 $62,950 $95,400
2016 $1,825 $151,450 $68,650 $82,800
2014 -- $133,700 $72,700 $61,000
Source: Public Records

Agents Affiliated with this Home

  • Sue Sandberg

    Seller's Agent in 2021

    Sue Sandberg

    Virgil Adams Real Estate, Inc.

    (360) 352-3756

    2 in this area

    35 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Dawson Van Pelt

    John L Scott

    (206) 981-1573

    1 in this area

    166 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1864914

Northwest Multiple Listing Service (NWMLS)

APN: 33202800500

Washington Thurston County Tumwater 98512 Tumwater Hill

927 S 5th Ave SW, Tumwater, WA

This home is located at 927 S 5th Ave SW, Tumwater, WA 98512 since 16 November 2021 and is currently estimated at $566,503, approximately $351 per square foot. This property was built in 1960. 927 S 5th Ave SW is a home located in Thurston County with nearby schools including Michael T. Simmons Elementary School, Tumwater Middle School, and A.G. West Black Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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