Listed by Better Properties - Metro, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

9510 A & B Tilley Rd S Olympia, WA 98501

Estimated Value: $431,000 - $545,000

4 Beds
2 Baths
1,740 Sq Ft
$296/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $475,000 $273 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,996/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • No HOA
  • East Olympia Elementary School Rated A-
  • Territorial View
  • Thermal Windows

About This Home

As of December 2021

Great turnkey Duplex, first time on market - rarely vacant. Roof/gutter/gutter screens new 2021. Unit A was refreshed when tenant left - new carpet, blinds, bathroom sink/toilet up. Exterior paint 2019. All Windows replaced 2016. Each unit has attached, extra deep Garage. Unit A was rented until Oct. Interior was refreshed after last renter left. Unit B is occupied, mirrors Unit A. Buyer will have access with mutual acceptance of offer. 1.3 Acres of privacy. Tenant pays garbage and elec. - each unit has separate electrical meter.

Last Agent to Sell the Property

Darcy Eggeman

Better Properties - Metro License #23734 Listed on: 12/04/2021

Better Properties - Metro

Last Buyer's Agent

Jorge Ruiz

Van Dorm Realty, Inc License #81330

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1869874

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1977

Lot Details

  • 1.13 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Dog Run
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12723220606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,288

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1740
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Shared Well
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 12723220606
  • Lot Size Acres: 1.13
  • Lot Size Sq Ft: 49223
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dog Run,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16.5
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 21208
  • Number Of Units Total: 2
  • Insurance Expense: 2000
  • Leasable Area: 1740
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3288

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Dec 17, 2021
Sold by
Walton Patricia E and Patricia Walton Revocable Trus
Bought by
Ruiz Jorge
Seller's Agent
Darcy Eggeman
Better Properties - Metro
Buyer's Agent
Jorge Ruiz
Van Dorm Realty, Inc
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$514,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,592
Avg. Annual Appreciation
2.13%
Original Mortgage
$388,700
Outstanding Balance
$356,875
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,717

Purchase Details

Closed on
Dec 28, 2020
Sold by
Walton Patricia R
Bought by
Walton Patricia R and Patricia Walton Revocable Trus
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
Ruiz Jorge $475,000 Chicago Title Company Of Wa
Walton Patricia R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Jorge $388,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $475,000 0.0% $273 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $475,000 -- $273 / 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 $3,089 $388,100 $179,500 $208,600
2023 $3,089 $293,400 $108,900 $184,500
2022 $2,304 $260,200 $75,000 $185,200
2021 $3,288 $186,700 $59,000 $127,700
2020 $3,541 $248,500 $76,800 $171,700
2019 $2,530 $263,700 $135,700 $128,000
2018 $2,192 $157,500 $54,600 $102,900
2017 $2,296 $161,000 $57,600 $103,400
2016 $1,796 $144,100 $42,600 $101,500
2014 -- $123,950 $45,650 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1869874

Northwest Multiple Listing Service (NWMLS)

APN: 12723220606