4438-4436 Ridgewood Court Northwest

Olympia, WA 98502

$500,000
Last Sold Price
—
Beds
1,860 Sq. Ft.
$269 / Sq. Ft.
1,860
Sq. Ft.
$269
per Sq. Ft.

Description

Investor Alert!! Well maintained and cash flowing Duplex, Located close to Evergreen State College and all the Westside has to offer. Minutes from local restaurants, and amenities. This duplex with a large lot gives you the feeling of privacy even though you're only minutes from town! Each unit features a spacious 2-bedroom 1-bath with a washer and dryer in the large attached garage! Great upside potential to Market Rent of $1,675 per sideInvestor Alert!! Well maintained and cash flowing Duplex, Located close to Evergreen State College and all the Westside has to offer. Minutes from local restaurants, and amenities. This duplex with a large lot gives you the feeling of privacy even though you're only minutes from town! Each unit features a spacious 2-bedroom 1-bath with a washer and dryer in the large attached garage! Great upside potential to Market Rent of $1,675 per side

Listing Agent

  1. Laura Lynn

    Laura Lynn

    Listing Agent

    Compass

    laura.lynn@compass.com

    P: (425)-647-0550

Property Details for 4438-4436 Ridgewood Court Northwest

Community Name
Cooper Point
School District
Olympia
Number of Assigned Spaces
6
Total Covered Parking
2
Entry Date
04-21-2022
Energy Source
Electric,Wood
Sewer
Septic Tank
LISTING UPDATED: 09/05/2024 05:44 AM

Property Details for 4438-4436 Ridgewood Court Northwest

StatusSold
MLS #1919950
Days on Market9
Cumulative Days on Market9
Taxes$3,554 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size0.33 AC / 14,545 SF
CountyThurston County
Buyer's Agent Compensation2.5%

Virtual Tour

Building Information for 4438-4436 Ridgewood Court Northwest

Stories1Residences2Year Built1976Building Size-Lot Size0.33 AC / 14,545 SF

Property Information for 4438-4436 Ridgewood Court Northwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially, Patio
  • Area: 444 - Olympia Westside
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Jefferson Mid
  • High School: Capital High
  • Directions: North on Cooper Point Rd to R on 44th to R on Ridgewood to end of cul-de-sac.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Carpet
  • Features: Laminate Hardwood, Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Puget Sound Energy
  • Sewer Company: Thurston County Water and Sewer
  • Water Company: Olympia Water Company
  • Power Production Type: Electric, Wood
  • Utilities: Septic System, Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 20
Lot Information
  • Lot Details: Cul-De-Sac, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 70730000402
  • Calculated Square Footage: 1860
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1860.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 4554
  • Gross Adjusted Income: 27936
  • Gross Rent Multiplier: 17.8
  • Gross Scheduled Income: $28,800
  • Insurance Expense: $1,000
  • Net Operating Income: $23,382
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1860.0
  • Leasable Area Units: Square Feet

Property History for 4438-4436 Ridgewood Court Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4438-4436 Ridgewood Court Northwest

This home is within Olympia School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Leland P Brown Elementary School
PublicK to 5

Jefferson Middle School
Public6 to 8

Avanti High School
Public9 to 12

Capital High School
Public9 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.

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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 COMPASS

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.