1319 Glen Mary Drive Southeast

Lacey, WA 98503

$510,000
Price
4
Beds
2
Baths
1,824 Sq. Ft.
$280 / Sq. Ft.
1,824
Sq. Ft.
$280
per Sq. Ft.

Description

Don’t miss this great investment opportunity with a fully rented duplex in Lacey, centrally located near schools, shopping, and just around the corner from Homann Park. Each unit has two bedrooms, one bath, and one-car garage. Large shared yard with plenty of room to relax or entertain. Both units have been fully rented during ownership, and one unit was recently remodeled. Exterior photos are current; interior photos are of Unit A and were taken prior to the current tenant.Don’t miss this great investment opportunity with a fully rented duplex in Lacey, centrally located near schools, shopping, and just around the corner from Homann Park. Each unit has two bedrooms, one bath, and one-car garage. Large shared yard with plenty of room to relax or entertain. Both units have been fully rented during ownership, and one unit was recently remodeled. Exterior photos are current; interior photos are of Unit A and were taken prior to the current tenant.
  1. Listed by Jessica Kammeyer • Redfin

Property Details for 1319 Glen Mary Drive Southeast

Community Name
Central Lacey
School District
North Thurston
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
10-11-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 10:53 AM

Property Details for 1319 Glen Mary Drive Southeast

StatusActive
MLS #2300339
Days on Market37
Cumulative Days on Market125
Taxes$2,186 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.25 AC / 11,000 SF
CountyThurston County

Building Information for 1319 Glen Mary Drive Southeast

Stories1Residences2Year Built1975Building Size-Lot Size0.25 AC / 11,000 SF

Property Information for 1319 Glen Mary Drive Southeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 450 - Lacey
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From College St SE, take 1st exit at traffic circle onto Homann Dr SE. Left on 13th Ave SE/Glen Mary Dr SE. Home is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Concrete, Vinyl Plank, Carpet
  • Features: Concrete, Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 265
  • Power Company: PSE
  • Sewer Company: City of Lacey
  • Water Company: City of Lacey
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Possible Use: Residential
  • MLS Square Footage Source: Realist - Buyer to Verify
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 24
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist - Buyer to Verify
  • Parcel Number Free Text: 55260001200
  • Calculated Square Footage: 1824
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1824.0
  • 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: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 2451
  • Gross Adjusted Income: 34653
  • Gross Rent Multiplier: 13.84
  • Gross Scheduled Income: $36,840
  • Insurance Expense: $0
  • Net Operating Income: $32,201
  • Other Expenses: $0
  • Total Monthly Income: 3070
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 912
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 912
  • Rent Unit 2: $1,470.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1824.0
  • Leasable Area Units: Square Feet

Property History for 1319 Glen Mary Drive 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 1319 Glen Mary Drive Southeast

Taxable ValueLand$176,200Additions$210,400Total$386,600
Tax Record2023$3,681 ($307 / month)
Home Facts
Baths2Total Finished SqFt1,824 SqFtAbove Ground SqFt1,824 SqFtStories1Lot Size10,890 SqFtStyleMulti-Family Dwelling (2-4)Year Built1975Year Renovated1991CountyTHURSTONAPN5526-00-01200Fireplace TypeHas Fireplace

Schools near 1319 Glen Mary Drive 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 - K to 12
Rating
School
Distance
Lacey Elementary School
PublicK to 5

Chinook Middle School
Public6 to 8

North Thurston High School
Public9 to 12

Summit VIrtual Academy
PublicK to 12

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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1319 Glen Mary Drive Southeast is a multi-family home for sale in Lacey, WA 98503. This property was listed for sale on October 11, 2024 by Redfin, it's currently listed at $510,000. It has been on the market for a total of 37 days and was last sold on December 7, 2021. This listing's school district is North Thurston Public Schools. Nearby schools include Lacey Elementary School, Chinook Middle School and North Thurston High School. 1319 Glen Mary Drive Southeast is a 4-bed, 2-bath, 1,824 sqft multi-family home built in 1975.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin

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.