5121 Rumac Street Southeast

Olympia, WA 98513

$520,000
Last Sold Price
4
Beds
2
Baths
1,820 Sq. Ft.
$286 / Sq. Ft.
1,820
Sq. Ft.
$286
per Sq. Ft.

Description

Attention! the opportunity is here & now with this duplex for the owner-occupied buyer that wants to save money on their mortgage payments with a tenant paying half or more of the mortgage & start building their real estate portfolio. Or the investor that wants to begin or expand their Inv portfolio enjoying the appreciation of their equity, assets & rising rents. This 4br, 2ba duplex with many recent updates is move-in ready. Conveniently located near schools & shopping with easy 15-20 minute commute...Attention! the opportunity is here & now with this duplex for the owner-occupied buyer that wants to save money on their mortgage payments with a tenant paying half or more of the mortgage & start building their real estate portfolio. Or the investor that wants to begin or expand their Inv portfolio enjoying the appreciation of their equity, assets & rising rents. This 4br, 2ba duplex with many recent updates is move-in ready. Conveniently located near schools & shopping with easy 15-20 minute commute to JBLM. Back yard is fully fenced with 6ft chainlink & additional parking in the front. This duplex design is among the most desirable with the garage separating the units. The new septic drain field installed in 2018. 1 yr Hm wrnty included
  1. Listed by Dale Flaten • Blue Emerald Real Estate Co.

Property Details for 5121 Rumac Street Southeast

Community Name
Pattison Lake
School District
North Thurston
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
2
Entry Date
06-29-2022
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of Blue Emerald Real Estate Co.

Sold By Berkshire Hathaway HS NW

Add your commute
LISTING UPDATED: 08/14/2022 09:20 PM

Property Details for 5121 Rumac Street Southeast

StatusSold
MLS #1958950
Days on Market12
Cumulative Days on Market597
Taxes$3,715 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size0.32 AC / 14,059 SF
CountyThurston County

Location

Listing Courtesy of Blue Emerald Real Estate Co.

Sold By Berkshire Hathaway HS NW

Add your commute

Building Information for 5121 Rumac Street Southeast

Stories1Residences2Year Built1973Building Size-Lot Size0.32 AC / 14,059 SF

Payment Calculator

$3,147 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,838

Property Taxes

$310

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5121 Rumac Street Southeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet, Patio, RV Parking
  • Area: 450 - Lacey
  • Elementary School: Lakes Elem
  • Middle Or Junior School: Komachin Mid
  • High School: Timberline High
  • Effective Year Built Source: Public Records
  • Directions: South on Ruddell, Left on Mullen, Right on Rumac to Duplex on the right. From exit I-5, 111, South on Marvin Rd, Right on Mullen Rd, Left on Rumac to duplex on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl Plank
  • Features: Laminate
  • Amenities: Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: City of Lacey
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1991
  • Photos Count: 33
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Dimensions: 110 x 130 approx
  • Lot Number: 11
  • Lot Size Source: realist
  • Parcel Number Free Text: 48360001100
  • Building Condition: Very Good
  • Calculated Square Footage: 1820
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1820.0
  • 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: 6
  • Number of Stories in Building: 1
  • Vacancy Rate: 5
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 4417
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $702
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 3400
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 910
  • Rent Unit 1: $1,700.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 910
  • Rent Unit 2: $1,700.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 2340.0
  • Leasable Area Units: Square Feet

Property History for 5121 Rumac Street Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5121 Rumac Street Southeast

Taxable ValueLand$188,500Additions$208,300Total$396,800
Tax Record2023$3,969 ($331 / month)
Home Facts
Baths2Total Finished SqFt1,820 SqFtAbove Ground SqFt1,820 SqFtStories1Lot Size13,939 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973Year Renovated1991CountyTHURSTONAPN4836-00-01100Fireplace TypeHas Fireplace

Schools near 5121 Rumac Street 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 - 6 to 8
Rating
School
Distance
Lakes Elementary School
PublicK to 5

Komachin Middle School
Public6 to 8

Timberline High School
Public9 to 12

Aspire Middle School
Public6 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.

Similar Homes

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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 Blue Emerald Real Estate Co.

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.