1502 4th Ave E Olympia, WA 98506
Bigelow Highlands NeighborhoodEstimated Value: $486,000 - $684,000
Highlights
- Corner Lot
- Reeves Middle School Rated A-
- Concrete Flooring
About This Home
As of April 2015Prime Commercial/Multi-Family building on a corner lot with good parking and very close to downtown. Easy short distance to Ralph's Thriftway. Building is located on a corner on a block with excellent visibility and in good company with other commercial businesses located in close proximity on 4th Ave. Excellent Income potential with Retail Space with good natural lighting. Additional Income from the three fully rented apartments. Cap Rate 8%.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,670
Year Built
- Built in 1927
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 64x60x63x60
- Corner Lot
- Property is in good condition
Home Design
- Triplex
- Poured Concrete
- Composition Roof
- Metal Roof
- Wood Composite
Interior Spaces
- 2,704 Sq Ft Home
- 3-Story Property
Flooring
- Wall to Wall Carpet
- Laminate
- Concrete
- Vinyl
Parking
- 8 Parking Spaces
- 1 Covered Space
- Open Parking
Schools
- Madison Elementary School
- Reeves Mid Middle School
- Olympia High School
Utilities
- Cable TV Available
Community Details
- Olympia Subdivision
Listing and Financial Details
- Assessor Parcel Number 33300100802
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1502 4Th Ave Olympia Llc | $299,719 | Thurston County Title | |
| Ledonna Michael | -- | None Available | |
| Ledonna Michael | $348,000 | Stewart Title Of Western Was | |
| Sharp & Sharp Holdings Llc | -- | Stewart Title Of Wester | |
| Sharp & Sharp Holdings Llc | $120,000 | Chicago Title Co | |
| Boyd Real Estate Investments Inc | -- | Chicago Title Co | |
| Jdc Homes & Remodel Inc | $165,000 | Transnation Title Insurance |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1502 4Th Ave Olympia Llc | $300,000 | |
| Previous Owner | Sharp & Sharp Holdings Llc | $114,000 | |
| Previous Owner | Jdc Homes & Remodel Inc | $192,500 | |
| Closed | Jdc Homes & Remodel Inc | $25,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2015 04/23/15 | Sold | $300,000 | -11.5% | $111 / Sq Ft |
| 02/27/2015 02/27/15 | Pending | -- | -- | -- |
| 11/03/2014 11/03/14 | For Sale | $339,000 | -- | $125 / Sq Ft |
Tax History Compared to Growth
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 | $3,947 | $382,500 | $75,800 | $306,700 |
| 2023 | $3,947 | $377,100 | $78,100 | $299,000 |
| 2022 | $3,918 | $432,400 | $62,000 | $370,400 |
| 2021 | $3,533 | $327,700 | $73,700 | $254,000 |
| 2020 | $3,790 | $273,400 | $103,900 | $169,500 |
| 2019 | $3,518 | $286,200 | $121,800 | $164,400 |
| 2018 | $3,584 | $266,000 | $121,400 | $144,600 |
| 2017 | $3,250 | $260,000 | $122,000 | $138,000 |
| 2016 | -- | $218,000 | $101,700 | $116,300 |
| 2014 | -- | $206,950 | $96,350 | $110,600 |
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 712463
APN: 33300100802
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Based on information submitted to the MLS GRID
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