Listed by Legacy Elite Property Mgmt, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

935 College Ln NE Unit A&B Lacey, WA 98516

Pleasant Glade Neighborhood

Estimated Value: $641,000 - $924,000

3 Beds
5 Baths
2,780 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $240,000 $86 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,029/month

13 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wall to Wall Carpet
  • Territorial View
  • Partially Fenced Property

About This Home

As of March 2014

Terrific investment opportunity. Spacious, open floor plan, with room to move. 3 bedrooms up, Master has its own on suite full bath. Home includes rear wood deck and covered porch up front. Easy to maintain with one car garage and plenty of space to park. Live in one, rent the other. Easy access to area amenities, shopping, I-5 - anywhere you might want to go. Don't miss this!

Last Agent to Sell the Property

Gergen Robinson

Legacy Elite Property Mgmt License #25666 Listed on: 02/12/2014

Legacy Elite Property Mgmt

Last Buyer's Agent

Sukjoo Sohn

Van Dorm Realty, Inc License #39327

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 592564

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,780 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11808440105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2003
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2780
  • Special Features: None
  • Cumulative Days on Market: 349

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 11808440105
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2800

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2610
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 20, 2014
Sold by
Pentagon Federal Credit Union
Bought by
Li Chia Chi
Seller's Agent
Gergen Robinson
Legacy Elite Property Mgmt
Buyer's Agent
Sukjoo Sohn
Van Dorm Realty, Inc
List Price
$249,601
Sold Price
$240,000
Premium/Discount to List
-$9,601
-3.85%
Total Days on Market
13
Current Estimated Value
$637,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,000
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Aug 16, 2013
Sold by
Victoria Job P and Victoria Marilyn A
Bought by
Pentagon Federal Credit Union

Purchase Details

Closed on
Feb 1, 2011
Sold by
Victoria Job P and Victoria Marilyn A
Bought by
Victoria Job Portugal and Victoria Marilyn Angeles

Purchase Details

Closed on
Jun 15, 2005
Sold by
Woodard Nona A and Woodard Michael J
Bought by
Victoria Job P and Victoria Marilyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.72%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 4, 2003
Sold by
Silver King Development Corp
Bought by
Woodard Michael J and Woodard Nona A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,220
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Li Chia Chi $240,000 Chicago Title Company
Pentagon Federal Credit Union $237,575 1St Am
Victoria Job Portugal -- None Available
Victoria Job P $320,000 Stewart Title Of Western
Woodard Michael J $253,200 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Victoria Job P $240,000
Previous Owner Woodard Michael J $215,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $240,000 -3.8% $86 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $249,601 -- $90 / 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 $6,128 $614,100 $242,500 $371,600
2023 $6,128 $641,200 $208,800 $432,400
2022 $4,475 $520,100 $167,100 $353,000
2021 $4,863 $384,600 $95,800 $288,800
2020 $4,337 $389,500 $81,500 $308,000
2019 $3,682 $360,900 $113,100 $247,800
2018 $4,098 $305,300 $96,300 $209,000
2017 $3,245 $254,650 $37,650 $217,000
2016 $3,148 $253,200 $54,500 $198,700
2014 -- $240,900 $54,500 $186,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 592564

Northwest Multiple Listing Service (NWMLS)

APN: 11808440105