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1603 Alder Street Southeast

1603 Alder Street Southeast, Lacey, WA 98503
Property in Thurston
Sold Apr 28, 2021
$390,000
$300,000 by Fairway Independent Mortgage C
Mortgage Due May 01, 2051
Sold Sep 18, 2015
$208,719
$209,000 by Usa Direct Funding
Mortgage Due Oct 01, 2045
1603 Alder Street Southeast has been categorized by the local assessors in Lacey, WA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. However, we must point out that the home was most recently renovated and altered in 1993. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1603 Alder Street Southeast has 1,366 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 443 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a covered porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of concrete. The exterior walls of the building are made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1603 Alder Street Southeast sold most recently in Apr 10, 2021 for a total of $390,000. If you work out the math, that's approximately a cost of $215.59 per sqft. Before that, the property was also sold for $208,719 in Sep 16, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,629 in taxes each year. 1603 Alder Street Southeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $370,200. If we break it down further, the land itself was valued at $90,100. Improvements to the property, however, were assessed at a total of $280,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 443
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 11,197
  • Total Building Area: 1,809
  • Gross Building Area: 1,977
  • Building Area: 1,366
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,366
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLLEGE VIEW PLACE
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SECTION 21 TOWNSHIP 18 RANGE 1W PLAT COLLEGE VIEW PLACE DIV 1 BLK 3 LT 16 DOCUMENT 012/045

Ownership

  • Current Owner : MCDONALD THOMAS
  • Current Owner 2: WOLFE ANGELA
  • Previous Owner : LERUD ANITA C
  • Previous Owner 2: LERUD PATRICK T
  • Owner Before Previous Owner: DEARDEN GLORIA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Thurston Public Schools
  • School Tax School District: NORTH THURSTON
  • Census Tract: 011410

Zoning

  • Zoning: LD 0-4

Geography

  • Parcel: 41900301600
  • Block: 3
  • Lot: 16
  • Meridian: SEC 21 TWN 18 RNG 01
  • Municipality: CITY OF LACEY
  • Latitude: 47.0327
  • Longitude: -122.814

    Address

  • Full Address: 1603 Alder St Se
  • Address - House Number: 1603
  • Street Segment Direction: SE
  • Address - Street Name: Alder
  • Address - Suffix Type: St
  • State: WA
  • City Name: Lacey
  • Carrier Code: C050
  • 4-Digit Zip Code: 2732
  • Zip Code: 98503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,629
  • Tax Rate Code Area: 241

    Appraisal Valuation

  • Standard Deviation: 0.1469
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 82
  • Final Value: 433,868
  • High Value: 497,606
  • Low Value: 370,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $370,200
  • Market Land Value: $90,100
  • Market Improvement Value: $280,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $370,200
  • Assessed Land Value: $90,100
  • Assessed Improvements Value: $280,100

    Sales

  • Current Sale Contract Date: Apr 10, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11833377503
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4846198
  • Previous Sale Recording Date: Sep 18, 2015
  • Previous Sale Contract Date: Sep 16, 2015
  • Previous Sale Amount: $208,719
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: USA DIRECT FUNDING
  • Previous Mortgage Transaction Date: Sep 18, 2015
  • Previous Mortgage Loan Amount: $209,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2045

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Frequently Asked Questions

What neighborhood is 1603 Alder Street Southeast located in?
The 1603 Alder Street Southeast is a located in the neighborhood of Thurston in Lacey, Lacey.
What is the average sales price for listings in 1603 Alder Street Southeast?
The average sales price for units in 1603 Alder Street Southeast is $0 currently.

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