1022 Bethel Street Northeast

1022 Bethel Street Northeast

Olympia, WA 98506

$690,000
Price
6
Beds
5
Baths
2,736 Sq. Ft.
$252 / Sq. Ft.
2,736
Sq. Ft.
$252
per Sq. Ft.

Pending

Pending

a front view of a house with a garden and garage
a view of outdoor space
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a kitchen with refrigerator and stove
a large kitchen with sink a stove and cabinets
a view of a dining room with furniture window and outside view
a bathroom with a toilet a sink and mirror
a view of staircase with white walls and windows
a view of a hallway with wooden shelves
a bedroom with a bed and a painting on the wall
a bedroom with a large bed a painting on the wall and a shower
a bathroom with a granite countertop toilet sink and mirror
a bedroom with a bed and flat screen tv
a bed room with a bed and a painting on the wall
a bathroom with a sink a toilet and shower curtain
a living room with furniture and a flat screen tv
a utility room with dryer and washer
a room with furniture a flat screen tv and a book shelf
a view of backyard with barbeque and a large tree
a view of a two chairs and table in the patio
a view of a yard with table and chairs under an umbrella
Listing provided courtesy of Coldwell Banker Evergreen

Description

Wonderfully maintained 3BR/2.5 bath each side. Same owner for over 20 years has maintained the units carefully. Roof, gutters and Hardi-Plank siding approximately 2014. FAG furnace and hot water heaters have been updated. Back patio, fenced yards. Long term tenants pay very low rents. Income was not a concern of current owner/family trust. Both tenants are on a month to month lease. POTENTIAL ALERT: Similar duplexes in age, size, 3/2.5, condition and nbrhd sold in October 2023 for $735,000 and $740,000...Wonderfully maintained 3BR/2.5 bath each side. Same owner for over 20 years has maintained the units carefully. Roof, gutters and Hardi-Plank siding approximately 2014. FAG furnace and hot water heaters have been updated. Back patio, fenced yards. Long term tenants pay very low rents. Income was not a concern of current owner/family trust. Both tenants are on a month to month lease. POTENTIAL ALERT: Similar duplexes in age, size, 3/2.5, condition and nbrhd sold in October 2023 for $735,000 and $740,000 respectively both with rents of $1900 and $2200 per side. Cap rate reflects that owner currently pays W/S/G to offset cost of irrigation water, could be modified in several ways. This would make a wonderful owner occupied duplex.
  1. Listed by Mary Sears • Coldwell Banker Evergreen

Property Details for 1022 Bethel Street Northeast

Community Name
Bigelow
School District
Olympia
View
City
Number of Assigned Spaces
6
Total Covered Parking
2
Offers Review Date
04-09-2024
Entry Date
03-27-2024
Energy Source
Natural Gas

Location

Listing Courtesy of Coldwell Banker Evergreen
Add your commute
LISTING UPDATED: 04/17/2024 03:12 PM

Property Details for 1022 Bethel Street Northeast

StatusPending
MLS #2214311
Days on Market14
Cumulative Days on Market14
Taxes$4,972 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size0.17 AC / 7,194 SF
CountyThurston County

Location

Listing Courtesy of Coldwell Banker Evergreen
Add your commute

Building Information for 1022 Bethel Street Northeast

Stories2Residences2Year Built1994Building Size-Lot Size0.17 AC / 7,194 SF

Payment Calculator

$4,180 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,766

Property Taxes

$414

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1022 Bethel Street Northeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, Sprinkler System
  • Area: 447 - Olympia North
  • Block: BLA-5812
  • Elementary School: Roosevelt Elementary
  • Middle Or Junior School: Reeves Mid
  • High School: Olympia High
  • Effective Year Built Source: See Remarks
  • Directions: North on Puget, Right on Pine, Right on Bethel to 1022, second building on your left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4212
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2014
  • Photos Count: 24
Lot Information
  • Lot Number: Tract A
  • Lot Size Source: assessor
  • Parcel Number Free Text: 52103200900
  • Building Condition: Very Good
  • Calculated Square Footage: 2736
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2736.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • 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: 10724
  • Gross Adjusted Income: 38400
  • Gross Rent Multiplier: 17.96
  • Gross Scheduled Income: $38,400
  • Insurance Expense: $1,540
  • Net Operating Income: $27,676
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1022
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1368
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: 1026
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1368
  • Rent Unit 2: $1,600.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 3
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2736.0
  • Leasable Area Units: Square Feet

Property History for 1022 Bethel Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1022 Bethel Street Northeast

Taxable ValueLand$180,600Additions$317,800Total$498,400
Tax Record2023$4,972 ($414 / month)
Home Facts
Baths4.5Total Finished SqFt2,736 SqFtAbove Ground SqFt2,736 SqFtStories2Lot Size7,405 SqFtStyleMulti-Family Dwelling (2-4)Year Built1994Year Renovated1995CountyTHURSTONAPN5210-32-00900Fireplace TypeHas Fireplace

Schools near 1022 Bethel Street Northeast

This home is within Olympia School District.
Rating
School
Type
Grades
Distance
Roosevelt Elementary School
Public - PK to 5
Reeves Middle School
Public - 6 to 8
Olympia High School
Public - 9 to 12
Avanti High School
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Reeves Middle School
Public6 to 8

Olympia High School
Public9 to 12

Avanti High School
Public9 to 12

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Evergreen

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.