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  • Listed by: Virgil Adams Real Estate, Inc.
    Bought with: RE/MAX Northwest
    $525,000

    5011 Rumac Street SE, Olympia, WA 98513

    4beds
    2baths
    1,820sqft
    Multi Family
    Built in 1973
    -- sqft lot
    $555,800 Zestimate®
    $288/sqft
    $2,215 Estimated rent

    Home value

    $555,800

    $528,000 - $584,000

    $2,215/mo

    Zestimate® history
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    $2,215/mo

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    $3,203/mo

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    What's special

    PLEASE DO NOT DISTURB Tenants! Meticulously maintained Duplex that is locally owned. Newer Roof, large yards for tenants to enjoy sunny days, private patios w a view of the greenbelt behind. Each unit has a single car garage w additional driveway & paved spot off driveaway for easy parking. Updated lighting and close to schools, shopping and the essential espresso stands! Single story living makes for easy maintenance. Continue renting out or wait until a lease has expired and live in one side renting out the other. Duplexes are in great shape and do not require additional work! Great investment opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tammy Adams,

    Virgil Adams Real Estate, Inc.

    Bought with:

    Rae Anne Toth, 25374

    RE/MAX Northwest

    Source: NWMLS as distributed by MLS GRID,MLS#: 2282572MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Baseboard, Wall Unit(s), Electric
    Cooling
    • None
    Features
    • Flooring: Laminate, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,820
    • Total interior livable area: 1,820 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Covered spaces: 2
    • Uncovered spaces: 2
    Features
    • Patio & porch: Laminate Hardwood
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 10,001 sqft
    • Dimensions: 100 x 110
    • Features: Paved, Fenced-Partially, Patio
    Details
    • Parcel number: 48360000700
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1973
    • Major remodel year: 1973

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Public, Company: City of Lacey
    • Utilities for property: Comcast, Comcast

    Community & neighborhood

    Location
    • Region: Olympia
    • Subdivision: Lacey

    Other

    Other facts
    • Listing terms: Conventional,FHA,VA Loan
    • Cumulative days on market: 547 days

    Price history

    DateEventPrice
    10/7/2024Sold$525,000-2.8%$288/sqft
    Source: NWMLS as distributed by MLS GRID #2282572 Report a problem
    9/9/2024Pending sale$540,000$297/sqft
    Source: NWMLS as distributed by MLS GRID #2282572 Report a problem
    8/27/2024Listed for sale$540,000+56.1%$297/sqft
    Source: NWMLS as distributed by MLS GRID #2282572 Report a problem
    8/31/2018Sold$346,000+50.6%$190/sqft
    Source: NWMLS as distributed by MLS GRID #1422570 Report a problem
    5/7/2018Sold$229,719+91.4%$126/sqft
    Source: Public Record Report a problem
    9/26/2001Sold$120,000$66/sqft
    Source: NWMLS as distributed by MLS GRID #21106634 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,282 +12%$494,800 +3.4%
    2023$4,718 +17.5%$478,400 +19.2%
    2022$4,014 +10.9%$401,500 +34.8%
    2021$3,619 -5.1%$297,800 +1.5%
    2020$3,813 +41.4%$293,500 +10.6%
    2019$2,696 -8.5%$265,400 +14.7%
    2018$2,945 +53.4%$231,400 +43.2%
    2017$1,920 $161,600 +6.5%
    2016$1,920 $151,750 +12.4%
    2014$1,920 $135,000 +1.9%
    2013-- $132,500
    2012$1,676 --
    2011-- --
    2010-- --
    2009$2,260 --
    2008-- --
    2007$2,219 -33.7%--
    2006$3,346 +58.6%--
    2005$2,110 --
    2004-- --
    2002-- --
    2001$1,835 +0.7%$112,400 +2.8%
    2000$1,823 $109,300

    Find assessor info on the county website

    Neighborhood: 98513

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $555,800
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    Estimated market value
    $555,800