Sold
Last Sold Price
1,708 sqft

4339 Ruddell Rd SE, Lacey, WA 98503

Multi FamilyProperty Type
0.35 acresLot Size
1975Year Built
$334/sq ftPrice per sq ft
8 carsParking Spaces

Description

Great investment property! 2 bedroom, 1 bath rambler style duplex in a great location. Cash flow opportunity, or live in one unit and keep the other rented. Wonderful tenants, but room for rental increase; currently on a month to month rental agreement. Landlord currently pays water and sewer. Fresh exterior paint and gutters. Fully fenced spacious backyard. Washer and dryer in each unit. Furnace and Heat pump in both units installed in 2021. Close to park, golf course, shops and stores. Don't pass...Great investment property! 2 bedroom, 1 bath rambler style duplex in a great location. Cash flow opportunity, or live in one unit and keep the other rented. Wonderful tenants, but room for rental increase; currently on a month to month rental agreement. Landlord currently pays water and sewer. Fresh exterior paint and gutters. Fully fenced spacious backyard. Washer and dryer in each unit. Furnace and Heat pump in both units installed in 2021. Close to park, golf course, shops and stores. Don't pass this one up!
Listing closed: 09/07/2022 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1946816
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Location

Listing Courtesy of Keller Williams Western Realty

Sold By Keller Williams Realty

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$3,362 per month

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Principal and Interest

$3,049

Property Taxes

$312

HOA Dues

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Property Information for 4339 Ruddell Road Southeast

Property Details

  • Taxes: $3,749 / year
  • MLS Type: Residential Income
  • Community Name: Lacey
  • School District: North Thurston
  • Number of Assigned Spaces: 8
  • Total Covered Parking: 2
  • Entry Date: 06-06-2022
  • Energy Source: Electric
  • Sewer: Sewer Connected

Building Information

  • Stories: 1
  • Residences: 2
  • Year Built: 1975
  • Lot Size: 0.35 AC / 15,246 SF

Summary

Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, Patio
  • Area: 450 - Lacey
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: Southbound I-5,take exit 109 on Martin Way E to Sleater-Kinney Road North. Take a left turn on College St SE. Turn onto Lacey Blvd SE. Turn right on Ruddell Rd SE,Duplex is located on right hand side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes

Interior and Exterior Features

Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Carpet
  • Features: Central A/C, Forced Air, Heat Pump, Wall to Wall Carpet
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: PartiallyFenced

Property

Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2776
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Lacey
  • Water Company: City of Lacey
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 9
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 11833120901
  • Building Condition: Average
  • Calculated Square Footage: 1708
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1708.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Multi Family

Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7285
  • Gross Adjusted Income: 42000
  • Gross Rent Multiplier: 13.92
  • Gross Scheduled Income: $42,000
  • Insurance Expense: $760
  • Net Operating Income: $34,715
  • Other Expenses: $0
  • Total Monthly Income: 3500
  • Fuel Expense: $0

Rental

Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1708.0
  • Leasable Area Units: Square Feet

Property History for 4339 Ruddell Road Southeast

DateEvent & SourcePriceAppreciation
Sep 7, 2022

Sold

NWMLS #1946816

$571,200—
Sep 1, 2022

Sold (Public Record)

Public Record #1496697480

$571,200

+27.2% / yr

Aug 7, 2022

Pending

NWMLS #1946816

—
DateEvent & SourcePrice
09/07/2022

Sold

NWMLS #1946816

$571,200
09/01/2022

Sold (Public Record)

Public Record #1496697480

$571,200

+27.2% / yr

08/07/2022

Pending

NWMLS #1946816

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

4339 Ruddell Road Southeast

Baths

2

Total Finished SqFt

1,708 SqFt

Above Ground SqFt

1,708 SqFt

Stories

1

Lot Size

15,246 SqFt

Style

Duplex

Schools near 4339 Ruddell Road Southeast

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Lakes Elementary School
PublicK to 5

Komachin Middle School
Public6 to 8

Timberline High School
Public9 to 12

Ignite Family Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4339 Ruddell Road Southeast, Lacey, WA 98503
$571,200
–
–
1,708
15,246
$195,000
–
–
2,380
15,000
$195,000
–
2
1,712
15,246
$330,000
–
2
1,712
14,810
$330,000
–
–
1,712
14,810
–
–
1
1,200
68,825

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Western Realty

Based on information submitted to the MLS GRID as of 09/05/2024 05:45 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.