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2826 Otis Street Southeast

2826 Otis Street Southeast, Olympia, WA 98501
Property in Wildwood
Sold Oct 02, 2020
$395,000
$375,250 by Evergreen Moneysource Mortgage
Mortgage Due Oct 01, 2050
Sold Jun 20, 2016
$249,719
$150,000 by Guild Mortgage Co
Mortgage Due Jul 01, 2046
2826 Otis Street Southeast has been categorized by the local assessors in Olympia, WA as a residential type of property. The building on the property was first built in 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1983. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2826 Otis Street Southeast has 1,769 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 955 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,680 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 351 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. 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 forced air unit and being fueled with gas. 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, 2826 Otis Street Southeast sold most recently in Sep 22, 2020 for a total of $395,000. If you work out the math, that's approximately a cost of $159.85 per sqft. Before that, the property was also sold for $249,719 in Jun 10, 2016. 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 $3,469 in taxes each year. 2826 Otis Street Southeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $350,200. If we break it down further, the land itself was valued at $118,100. Improvements to the property, however, were assessed at a total of $232,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1938
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 955
  • Garage Type: Attached
  • Garage Square Area: 351
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,680
  • Total Building Area: 2,471
  • Gross Building Area: 2,471
  • Building Area: 1,769
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,769
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILDWOOD PARK
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: WILDWOOD PK L 7 S 64F OF N 284F LESS W 30F ST

Ownership

  • Current Owner : MCGUIRE CHRISTOPHER
  • Current Owner 2: GILKERSON KRISTIN
  • Previous Owner : HINDES ANDREW A
  • Previous Owner 2: HINDES MIRI DAY
  • Owner Before Previous Owner: FERGUSON EDWARD
  • Owner Before Previous Owner 2: FERGUSON DEIDRE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Olympia School District
  • School Tax School District: OLYMPIA
  • Census Tract: 010400

Zoning

  • Zoning: R-4-8

Geography

  • Subdivision Tract Number: 7
  • Parcel: 83700000704
  • Lot: 7
  • Meridian: SEC 26 TWN 18 RNG 02
  • Municipality: CITY OF OLYMPIA
  • Latitude: 47.0236
  • Longitude: -122.892

    Address

  • Full Address: 2826 Otis St Se
  • Address - House Number: 2826
  • Street Segment Direction: SE
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: WA
  • City Name: Olympia
  • Carrier Code: C005
  • 4-Digit Zip Code: 3480
  • Zip Code: 98501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,469
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 74
  • Final Value: 515,042
  • High Value: 613,152
  • Low Value: 416,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,250
  • First Open Lien Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 02, 2020
  • First Open Lien Mortgage Loan Amount: $375,250
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $350,200
  • Market Land Value: $118,100
  • Market Improvement Value: $232,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $350,200
  • Assessed Land Value: $118,100
  • Assessed Improvements Value: $232,100

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11789511683
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4788449
  • Previous Sale Recording Date: Jun 20, 2016
  • Previous Sale Contract Date: Jun 10, 2016
  • Previous Sale Amount: $249,719
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Mortgage Transaction Date: Oct 02, 2020
  • First Mortgage Loan Amount: $375,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 20, 2016
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Wildwood



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Frequently Asked Questions

What neighborhood is 2826 Otis Street Southeast located in?
The 2826 Otis Street Southeast is a located in the neighborhood of Wildwood in Wildwood, Olympia.
What is the average sales price for listings in 2826 Otis Street Southeast?
The average sales price for units in 2826 Otis Street Southeast is $0 currently.

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