4501 Wiggins Road Southeast
4501 Wiggins Road Southeast
Olympia, WA 98501
$760,000
Last Sold Price
12
Beds
7.75
Baths
7,068 Sq. Ft.
$108 / Sq. Ft.
7,068
Sq. Ft.
$108
per Sq. Ft.
Sold 9/28/22
Sold 9/28/22
Listing provided courtesy of Kelly Right RE of Seattle LLC, Realty One Group Bold
Description
Investor Alert! 10% cap rate! These recently updated properties are a must see cash flowing machine. Live in the main 1 1/2 story home and keep the 3 mobiles rented. With over 7,000 sq ft of rentable living space and 1.7 acres zoned R4-8 this investment property will not last long. Recent updates in some of the units include fresh interior paint, laminate & vinyl flooring, carpet & much more. Located in the highly sought after Olympia school district.Investor Alert! 10% cap rate! These recently updated properties are a must see cash flowing machine. Live in the main 1 1/2 story home and keep the 3 mobiles rented. With over 7,000 sq ft of rentable living space and 1.7 acres zoned R4-8 this investment property will not last long. Recent updates in some of the units include fresh interior paint, laminate & vinyl flooring, carpet & much more. Located in the highly sought after Olympia school district.
- Listed by Bing Yu • Kelly Right RE of Seattle LLC
- Listed by Ka Ming Wong • Kelly Right RE of Seattle LLC
Property Details for 4501 Wiggins Road Southeast
Community Name
Olympia
School DistrictOlympia
ViewTerritorial
Number of Assigned Spaces2
Total Covered Parking2
Entry Date04-28-2022
Energy SourceElectric,Natural Gas
SewerSeptic Tank
Location
Listing Courtesy of Kelly Right RE of Seattle LLC![]()
Sold By Realty One Group Bold
Add your commute
LISTING UPDATED: 10/07/2022 09:16 AM
Property Details for 4501 Wiggins Road Southeast
| Status | Sold |
|---|---|
| MLS # | 1923522 |
| Days on Market | 119 |
| Cumulative Days on Market | 650 |
| Taxes | $6,240 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1924 |
| Lot Size | 1.71 AC / 74,488 SF |
| County | Thurston County |
Location
Listing Courtesy of Kelly Right RE of Seattle LLC![]()
Sold By Realty One Group Bold
Add your commute
Building Information for 4501 Wiggins Road Southeast
Stories2Residences4Year Built1924Building Size-Lot Size1.71 AC / 74,488 SF
Payment Calculator
$4,668 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,148
Property Taxes
$520
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4501 Wiggins Road Southeast
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Electric Car Charging, Fenced-Partially, Gas Available, Outbuildings, RV Parking
- Area: 448 - Olympia South
- Elementary School: Centennial Elem
- Middle Or Junior School: Wash Mid
- High School: Olympia High
- Effective Year Built Source: Public Records
- Directions: Head south on College St SE, Turn right onto Yelm Hwy SE, Turn right onto Wiggins Rd SE, Property on left side 0.6 miles.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
- Additional Tax Ids: 11831140000
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 10.0
- Open Parking: Yes
- Parking Features: RV Parking
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Hardwood, Laminate, Vinyl, Carpet
- Features: Forced Air, Heat Pump, Central A/C, Hardwood, Wall to Wall Carpet, Laminate
- Cooling: Yes
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Metal/Vinyl, Wood Products
- Roof: Composition
Property
Utilities
- Heating and Cooling: Baseboard,Central A/C,Forced Air,Heat Pump
- Water Source: Individual Well
- Water/Sewer/Garbage: 0
- Power Company: PSE
- Sewer Company: Septic
- Water Company: Well
- Power Production Type: Electric, Natural Gas
- Utilities: Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected, Individual Well
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: See Remarks
- First Right Of Refusal: false
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1980
- Photos Count: 38
Lot Information
- Lot Details: Corner Lot, Open Space
- Lot Size Source: Realist
- Parcel Number Free Text: 11831140000
- Building Condition: Average
- Calculated Square Footage: 7068
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 7068.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Common Interest: Multi-Family
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 10
- Number of Stories in Building: 2
- Vacancy Rate: 2
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 8240
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 89560
- Gross Scheduled Income: $0
- Insurance Expense: $2,000
- Net Operating Income: $89,560
- Other Expenses: $0
- Total Monthly Income: 8150
- Fuel Expense: $0
Unit 1
- Name Unit 1: T3
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1536
- Rent Unit 1: $1,900.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: T2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1680
- Rent Unit 2: $2,000.00
- Bedrooms Unit 2: 3
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: T1
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 896
- Rent Unit 3: $1,500.00
- Bedrooms Unit 3: 3
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: House (1 1/2 Story)
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 2956
- Rent Unit 4: $2,750.00
- Bedrooms Unit 4: 3
- Fireplaces Unit 4: 1
- Bathrooms Unit 4: 2
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 7068.0
- Leasable Area Units: Square Feet
Property History for 4501 Wiggins Road Southeast
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4501 Wiggins Road Southeast
Taxable ValueLand$171,800Additions$604,700Total$776,500
Tax Record2023$7,773 ($648 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt2,798 SqFtAbove Ground SqFt2,798 SqFtStories1Lot Size74,488 SqFtStyleSingle Family ResidenceYear Built1924Year Renovated1980CountyTHURSTONAPN1183-11-40000Fireplace TypeHas Fireplace
Schools near 4501 Wiggins Road Southeast
This home is within Olympia School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Centennial Elementary School PublicPK to 5 | ||
Washington Middle School Public6 to 8 | ||
Avanti High School Public9 to 12 | ||
Olympia 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 Kelly Right RE of Seattle LLC
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.