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Listing provided courtesy of Chris Nye, MLS4owners.com.
Source NWMLS.
1416 Stillwell St NE, Olympia, WA 98516
4
beds
2
baths
2124
ft2
· 15795
ft2 lot
$469,000
$221 / ft2
In the last ten years a new: roof/gutters/massive landscaping/all flooring/all painting inside and out/all bathrooms including tubs/showers/most appliances includ. hot water heater/garbage disposal/oven/frigs et al/all heating/lots of new lighting/fans. The Fort Lewis Base and the growing community has allowed the unit to experience high occupancy rates with many renewed one year lease terms for most tenants (rarely has a tenant only stayed one year). Within a growing rental income environment.
HOA
$0/month
On market
4 months
Year built
1973
Property type
52 Duplex,Multi Family
Parking
4
MLS
1713798
Price / Sq.Ft.
$221 / ft2
Status
Active
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Based on a price of $469,000
Rebate:
Cash Offer Costs:
Negotiating Power:
Flyhomes Cash Offer
$3,518
$4,314
+$90/day
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$3,518
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Discount Brokerage
$1,618
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Traditional Brokerage
$0
not offered
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Property Details
Interior Features & Layout
Oven Unit 1
Oven Unit 1
Oven Unit 2
Oven Unit 2
Dishwasher Unit 1
Dishwasher Unit 1
Dishwasher Unit 2
Dishwasher Unit 2
Fireplaces Unit 2
1
Heating Details
Baseboard, Insert
Refrigerator Unit 1
Refrigerator Unit 1
Flooring
Laminate, Vinyl, Wall to Wall Carpet
Refrigerator Unit 2
Refrigerator Unit 2
Unit 1 Baths
1.00
Unit 2 Baths
1.00
Unit 3 Baths
0.00
Unit 4 Baths
0.00
Unit 2 Beds
2
Unit 1 Beds
2
Unit 5 Baths
0.00
Unit 6 Baths
0.00
Property, Lot, Community & Exterior Features
Total Units In Building
2
Vacancy Rate
4
Garage Spaces
2
Zoning
Multi-Family
Lot Features
Cable TV, Fenced-Partially, Patio
Lot Size Source
Seller
Mls Prop Type
52 - Duplex, Multi-Family
Building Exterior Details
Wood, Wood Products
Uncovered Spaces
2
Style
52 - Duplex
Foundation
Poured Concrete
Roof
Composition
Unit 2 Sqft
1100
Lot Details
Dead End Street, Paved Street
Unit 1 Sqft
1100
Mls Property Type
Multi-Family
Unit 1 Details
c
Unit 2 Details
D
Number Stories
1
Utilities & Other Information
Water / Sewer / Garbage
999
Water Source
Public
Energy Source
Electric, Solar Hot Water
Sewer
Septic
Listing Details, Costs & Financing Information
Insurance Expenses
971
Form 17
Provided
Possession
Closing
Buyer's Agent Commission
2%*
Terms
Cash Out, Conventional
Net Operating Income
25393
Monthly Rent Unit 1
1550
Other Expenses
1540
Monthly Rent
2995
Monthly Rent Unit 2
1445
Gross Rent Multiplier
13
Cap Rate
5.40
Tax Year
2019
Sale Type
MLS
Status
Active
Gross Scheduled Income
32968
Offers
RECEIPT
Taxes
2665
Operating Expense
6175, 6175
Preliminary Title Ordered
Preliminary Title Ordered
Apn
79550005100
Gross Adjusted Income
31568
School Neighborhood & Directions
Directions
Thompson Place is located off of Martin Ave between Marvin and the I-5 Martin Exit. Take the I-5 Martin Exit and turn NO on Martin. Turn LF on Hensley, RT on 12thAve which turns into Stillwell St.
Details provided by NWMLS and may not match the public record.The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 12, 2021 4:29pm
Neighborhood snapshot
20
Properties for sale
4
Median days on market
$221.56
Median sold price/sqft
103.15%
Sold/List %
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Property History
01/05/2021
01/05/2021
NWMLS #1713798
active
NWMLS #1713798
$469,000
+141.75%
06/26/2009
06/26/2009
Public Record
sold
Public Record
$194,000
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Courtesy of NWMLS
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