NOT LISTED FOR SALE

1603 Capitol Way S Olympia, WA 98501

South Capitol Neighborhood
-- Bed
-- Bath
3,804 Sq Ft
5,227 Sq Ft Lot

Last Sold August 28, 2015

Last sale price $429,000 $113 Per Sq Ft

50 Days on Market

Highlights

  • Secluded Lot
  • Patio
  • High Speed Internet
  • Lincoln Elementary School Rated A-
  • Ceramic Tile Flooring
  • 2-minute walk to Korean War Memorial

About This Home

As of August 2015

This rare duplex in Olympia's historic South Capitol Neighborhood will charm you with its quality construction & vintage details like built-in cabinetry, balcony, beautiful wood floors, tile mosaic, alcoves, glass door knobs+more. Great opportunity to live on one side+have rental income from the other side, provide maximum affordability. Enjoy close access to Capitol Campus, downtown, I-5, bus line, Lincoln School, Stevens Field Park, as well as a front row seat to the annual Lakefair parade.

Last Agent to Sell the Property

Sandra Nelson

Riley Jackson Real Estate Inc. License #86454 Listed on: 06/01/2015

Last Buyer's Agent

Phyllis Mandel

Olympic Sotheby's Int'l Realty

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 796324

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1934

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property
  • Secluded Lot
  • Sprinkler System
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,804 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Lincolnelem Elementary School
  • Wash Mid Middle School
  • Olympia High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60800500700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,687

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1934
  • Buyer Agency Compensation: 2.75%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3804
  • Special Features: VirtualTour
  • Cumulative Days on Market: 291

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, See Remarks
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: pse
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 60800500700
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Tax Assessor

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2670

Multi Family

  • Gross Scheduled Income: 32040
  • Net Operating Income: 27150
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 3804
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2687

MLS Schools

  • Elementary School: LincolnElem

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $429,000 +3.4% $113 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $415,000 -- $109 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sandra Nelson

    Seller's Agent in 2015

    Sandra Nelson

    Riley Jackson Real Estate Inc.

    (360) 789-7505

    92 Total Sales

    Sandra Nelson
    Section Image
  • Phyllis Mandel

    Buyer's Agent in 2015

    Phyllis Mandel

    Olympic Sotheby's Int'l Realty

    (360) 951-3693

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 796324

Northwest Multiple Listing Service (NWMLS)

Washington Thurston County Olympia 98501 South Capitol

1603 Capitol Way S, Olympia, WA

This home is located at 1603 Capitol Way S, Olympia, WA 98501 since 01 June 2015. This property was built in 1934. 1603 Capitol Way S is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington Middle School, and Avanti High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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