Listed by Castle Realty Inc, Bought with Better Properties UP/Fircrest
$628,000
SOLD JUL 23, 2024

936 Union Mills Rd SE Lacey, WA 98503

6 Beds
-- Bath
3,200 Sq Ft
0.5 Acres

Recently Sold

$196 Per Sq Ft

3% Below List Price

53 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Vinyl Plank Flooring

About This Home

As of July 2024

Rare 2 story duplex of a larger than average size 3200 sqft (1,600 each side). Unit ‘B’ is vacant, freshly painted with new flooring throughout - ready for viewing. Each unit has an attached 2 car garage. Duplex is well maintained, newer roof (5-6 years ago). Privately situated, yet convenient located (5 minutes to I-5). Showings limited to Unit B. Unit “A” can be viewed after mutual acceptance.

Last Agent to Sell the Property

Dave Champagne

Castle Realty Inc License #17754 Listed on: 04/15/2024

Last Buyer's Agent

Steve Hiatt

Better Properties UP/Fircrest License #103770

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2223427

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1986

Lot Details

  • 0.5 Acre Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Composite

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

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

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Seven Oaks Elementary School
  • Nisqually Mid Middle School
  • River Ridge High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53870000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,125

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1986
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3200
  • Special Features: None
  • Cumulative Days on Market: 317

Interior Features

  • Possible Bedrooms: 6
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Nisqually Mid

Lot Info

  • Parcel Number: 53870000900
  • Lot Size Acres: 0.4984
  • Lot Size Sq Ft: 21711
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.25
  • LeasedItems: None
  • TotalMonthlyIncome: 3860

Multi Family

  • Gross Scheduled Income: 46320
  • Net Operating Income: 46320
  • Number Of Units Total: 2
  • Insurance Expense: 1600
  • Leasable Area: 3200
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6125.43

MLS Schools

  • Elementary School: Seven Oaks Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jul 15, 2024
Sold by
Haas Marc E and Haas David L
Bought by
Tanayan Malcolm and Foreman Carey S
Seller's Agent
Dave Champagne
Castle Realty Inc
Buyer's Agent
Steve Hiatt
Better Properties UP/Fircrest
List Price
$645,000
Sold Price
$628,000
Premium/Discount to List
-$17,000
-2.64%
Total Days on Market
53
Views
97
Current Estimated Value
$660,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,958
Avg. Annual Appreciation
6.13%
Original Mortgage
$616,625
Outstanding Balance
$611,959
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$48,999

Purchase Details

Closed on
May 25, 2001
Sold by
Elmore Steven E and Vonstein Jan Von
Bought by
Haas Marc E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,821
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 1998
Sold by
Leicht Marlene D
Bought by
Elmore Steven E and Vonstein Jan Von

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.6%
Source: Public Records

Similar Homes in the area

  • 5514 22nd Ave SE, Lacey, WA 98503

    $699,500

    • 6 Beds
    • 5 Baths
    • 2,440 Sq Ft
    • 5514 22nd Ave SE
    • Lacey, WA

    Updated & Affordable Conversion to include 4 units ranging from 240 sq ft to 1300 sq ft & added bonus a partially finished office/studio rental apartment & potential RV storage unit. Updated paint, flooring, fixtures & applncs. Units are cozy & a private lot which affords room for tenants w nice decks & covered patio. All units feature their own wash/dryer & rent includes utilities. Great units

    Bob Jorgenson Coldwell Banker Evergreen

    Section Image
  • 1414 1412 Notter Ln SE, Lacey, WA 98503

    $700,000

    • 4 Beds
    • 4 Baths
    • 2,611 Sq Ft
    • 1414 1412 Notter Ln SE
    • Lacey, WA

    Incredible first time homebuyer opportunity, live in one side and rent out the other! A perfect solution to rising ownership costs. High quality & supremely well-maintained duplex in convenient Lacey location! These 1300+/- sqft 2 bed, 1.5 bath units have great open floor plans and include their own furnace and AC units, one car garage, private back yard, & more. New vinyl flooring on the

    John Stormans Olympic Sotheby's Int'l Realty

    Section Image
  • 4409 4411 21st Ct SE, Olympia, WA 98503

    $649,950

    • 8 Beds
    • 4 Baths
    • 2,448 Sq Ft
    • 4409 4411 21st Ct SE
    • Olympia, WA

    Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor’s

    Noe Quezada BHGRE - Northwest Home Team

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $628,000 Stewart Title
Warranty Deed $181,821 First American Title Ins Co
Warranty Deed -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $616,625 FHA
Previous Owner $225,000 New Conventional
Previous Owner $254,400 Fannie Mae Freddie Mac
Previous Owner $156,821 Seller Take Back
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $628,000 +0.5% $196 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $625,000 -3.1% $195 / Sq Ft
05/01/2024 05/01/24 Price Changed $645,000 0.0% $202 / Sq Ft
05/01/2024 05/01/24 For Sale $645,000 -2.3% $202 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $660,000 -- $206 / 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 $6,125 $657,100 $247,400 $409,700
2023 $6,125 $619,800 $203,700 $416,100
2022 $4,973 $501,100 $152,500 $348,600
2021 $5,246 $409,600 $127,500 $282,100
2020 $4,854 $404,200 $92,200 $312,000
2019 $4,098 $384,200 $131,500 $252,700
2018 $4,463 $314,800 $79,600 $235,200
2017 $3,926 $288,150 $65,750 $222,400
2016 $3,533 $239,150 $66,650 $172,500
2014 -- $254,000 $72,900 $181,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2223427

Northwest Multiple Listing Service (NWMLS)

APN: 53870000900