Listed by RE/MAX Advantage, Bought with Keller Williams South Sound
$680,000
SOLD AUG 8, 2025

1053 & 1055 Mccormick St SE Olympia, WA 98501

Eastside Neighborhood
9 Beds
4 Baths
3,032 Sq Ft
0.28 Acres

Recently Sold

$224 Per Sq Ft

2% Below List Price

Highlights

  • Corner Lot
  • No HOA
  • Patio
  • Reeves Middle School Rated A-
  • Thermal Windows
  • Vinyl Plank Flooring

About This Home

As of August 2025

Exceptional opportunity to invest in a Duplex! Located within Olympia’s Eastside community with access to downtown businesses, farmers market, restaurants, schools, parks, waterfront & freeways make this a desirable investment. Each unit has had recent upgrades including safety features, being brought up to code with the City of Olympia and updated living spaces. Both units have functional floorplans; there is a 4 bedroom, 2 bath unit, and a 5 bedroom, 2 bath unit; a one-car garage, driveway & off-street parking; plus, a storage room. Spacious yard for outdoor fun. Both units can produce a steady income. One unit is currently rented on a month-to-month basis at market rates.

Last Agent to Sell the Property

Marie Black

RE/MAX Advantage License #114087 Listed on: 06/28/2025

RE/MAX Advantage

Last Buyer's Agent

Jason Munoz

Keller Williams South Sound License #114219

Keller Williams South Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2398399

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,032 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hinderson And Lybarger Condos
  • Eastside Olympia Subdivision

Listing and Financial Details

  • Tax Lot 1&2
  • Assessor Parcel Number 53300300101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,337

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1973
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hinderson and Lybarger
  • New Construction: No
  • CalculatedSquareFootage: 3032
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 53300300101
  • Lot Size Acres: 0.2824
  • Lot Size Sq Ft: 12300
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • LotNumber: 1&2

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 4890
  • Number Of Units Total: 2
  • Insurance Expense: 1271.85
  • Leasable Area: 3730
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6337

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2025
Closed on
Aug 8, 2025
Sold by
Ramirez Silvesto and Plascencia Marcela
Bought by
Plascencia Marcela
Seller's Agent
Marie Black
RE/MAX Advantage
Buyer's Agent
Jason Munoz
Keller Williams South Sound
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%
Original Mortgage
$380,000
Outstanding Balance
$380,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$313,601

Purchase Details

Listed on
Jun 28, 2025
Closed on
Aug 7, 2025
Sold by
Clancy Properties Llc
Bought by
Plascencia Marcela
Seller's Agent
Marie Black
RE/MAX Advantage
Buyer's Agent
Jason Munoz
Keller Williams South Sound
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$380,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$313,601

Purchase Details

Closed on
Mar 14, 2024
Sold by
Thomas Amber
Bought by
Clancy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2024
Sold by
Tag Jr Llc
Bought by
Thomas Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2022
Sold by
Integrity Development Services Llc
Bought by
Tag Jr Llc

Purchase Details

Closed on
Nov 23, 2020
Sold by
Pease Genita E and Miller Anisa L
Bought by
Integrity Development Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,145
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 20, 2020
Sold by
Pease Genita E and Miller Anisa L
Bought by
Integrity Dev Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,145
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 26, 2019
Sold by
Pease Genita E and Miller Anisa L
Bought by
Pease Genita E and Miller Anisa L

Purchase Details

Closed on
Mar 18, 2010
Sold by
R & M Miller Limited Partnership Iii
Bought by
Miller Ray and Miller Marla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2003
Sold by
Banter Jeannette O
Bought by
R & M Miller Lp Iii

Purchase Details

Closed on
Jul 30, 1998
Sold by
Lantz Leroy and Lantz Lois C
Bought by
Banter Jeanette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- First American Title Insurance
Warranty Deed $680,000 First American Title Insurance
Quit Claim Deed -- None Listed On Document
Warranty Deed $650,000 Wfg National Title Company Of
Quit Claim Deed -- Stewart Title & Trust Of Phoen
Warranty Deed $425,000 Chicago Title
Warranty Deed -- Chicago Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $215,000 Transnation Title Insur
Warranty Deed $158,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $487,500 New Conventional
Previous Owner $391,145 Future Advance Clause Open End Mortgage
Previous Owner $391,145 New Conventional
Previous Owner $112,000 Credit Line Revolving
Previous Owner $126,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $680,000 -2.2% $224 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $695,000 -- $229 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,909 $604,800 $271,600 $333,200
2023 $5,909 $565,100 $207,500 $357,600
2022 $5,288 $536,200 $209,400 $326,800
2021 $5,186 $442,600 $177,800 $264,800
2020 $5,018 $401,700 $108,200 $293,500
2019 $4,234 $379,200 $165,200 $214,000
2018 $4,173 $344,500 $119,000 $225,500
2017 $3,871 $309,800 $99,400 $210,400
2016 $2,897 $262,650 $109,950 $152,700
2014 -- $231,550 $116,050 $115,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2398399

Northwest Multiple Listing Service (NWMLS)

APN: 53300300101