Sold

Listed by: Westlake Associates, Inc. • Reid Jones

Bought with: ZNonMember-Office-MLS

$1,640,000

1527 Bishop Road SW, Tumwater, WA 98512

--beds

--baths

6,500sqft

Multi Family

Built in 1977

-- sqft lot

$1,578,800 Zestimate^®

$252/sqft

$2,186 Estimated rent

Home value

$1,578,800

$1.47M - $1.71M

$2,186/mo

Zestimate^® history

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$2,186/mo

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$2,186/mo

Rent Zestimate^®

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$9,920/mo

Est. payment

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$9,920/mo

Est. payment

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What's special

The property has undergone substantial upgrades to maximize its excellent location and future growth potential. Exterior renovations were completed in 2021 and 2022. All six units have been remodeled with new appliances, flooring, cabinetry, fencing, and other miscellaneous improvements. The Bishop 6-unit community is conveniently located just two blocks off Littlerock Rd SW, with access to public transit options. Enjoy easy access to I-5, with the property being less than a mile from the interstate. Within a three-minute drive to essential locations such as Tumwater Middle School & High School, Costco, and Home Depot.

Facts & features

Interior

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Vinyl Plank, Carpet
Has fireplace: No

Interior area

Total structure area: 6,500
Total interior livable area: 6,500 sqft

Property

Parking

Total spaces: 12
Parking features: Open
Covered spaces: 6
Uncovered spaces: 6

Features

Patio & porch: Wall to Wall Carpet

Lot

Size: 0.67 Acres
Features: Paved, Sidewalk, Fenced-Fully

Details

Parcel number: 12703241900
Zoning description: Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 5-9 Units
Property subtype: Multi Family

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1977

Utilities & green energy

Sewer: Sewer Connected

Community & HOA

Community

Subdivision: Tumwater

Location

Region: Tumwater

Financial & listing details

Price per square foot: $252/sqft
Tax assessed value: $1,190,900
Annual tax amount: $10,597
Date on market: 9/4/2024
Cumulative days on market: 686 days
Listing terms: Assumable,Conventional

Price history

Date	Event	Price
10/17/2024	Sold	$1,640,000-0.6%$252/sqft
Source: NWMLS as distributed by MLS GRID #2257996 Report a problem
8/13/2024	Pending sale	$1,650,000$254/sqft
Source: NWMLS as distributed by MLS GRID #2257996 Report a problem
6/27/2024	Listed for sale	$1,650,000+73.8%$254/sqft
Source: NWMLS as distributed by MLS GRID #2257996 Report a problem
9/2/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/2/2022	Listed for rent	$2,100
Source: Zillow Rental Manager Report a problem
5/17/2021	Sold	$949,100$146/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$11,839 -1.4%	$1,190,900 -0.8%
2023	$12,010 +25.3%	$1,201,100 +22.1%
2022	$9,588 -9%	$983,500 +9.8%
2021	$10,533 +8.3%	$896,000 +18%
2020	$9,730 +27.3%	$759,200 -6.2%
2019	$7,640 +7.4%	$809,300 +31.3%
2018	$7,114 +24.6%	$616,500 +12.3%
2017	$5,711	$548,850 +19.5%
2016	$5,711	$459,150 +9.4%
2014	$5,711	$419,650
2011	--	--
2010	--	--
2009	$5,831	--
2008	--	--
2007	$6,135 -28.8%	--
2006	$8,617 +48.4%	--
2005	$5,809	--
2002	--	--
2000	$4,486	$273,500