NOT LISTED FOR SALE

Estimated Value: $235,470

3 Beds
0.5 Bath
1,129 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $225,000 $199 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,529/month

1 Day on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Home Security System
  • Reeves Middle School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of April 2023

Fantastic location in Olympia with development or rehab potential. Within blocks of all services and downtown this property is zoned as HDC-1 (High Density Corridor 1) with potential for a mix of office, moderate to high-density multifamily residential, and small-scale commercial uses. Current use was as a business office but has potential for more. All city utilities are on the property and connected. Puget Sound Energy with gas and electric service is also connected. Both street and alley access and off street parking behind the current building. Property is sold as-is with Seller making no repairs. Potential for rehab but highest and best use may be development potential. Value in land, location, and amenities.

Last Agent to Sell the Property

Roderick Swisshelm

Windermere Real Estate Olympia License #17137 Listed on: 03/20/2023

Windermere Real Estate Olympia

Last Buyer's Agent

Linh Huynh

Skyline Properties, Inc. License #21027225

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2046720

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 1909

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 76x111
  • North Facing Home
  • Terraced Lot
  • Value in Land
  • Zoning described as HDC-1

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,129 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Wall to Wall Carpet
  • Home Security System
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 0.5 Bathroom

Parking

  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Madison Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 78700400200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,138

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1909
  • Inclusions: Microwave,Refrigerator,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1129
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 802

Interior Features

  • Basement: None
  • Appliances: Microwave, Refrigerator
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet, Ceiling Fan(s), Dining Room, Security System, Water Heater
  • Living Area: 1129
  • Main Level Bedrooms: 3
  • Bathrooms: 0.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1129
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Microwave,Refrigerator
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Post & Block, Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Window Unit A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterHeaterLocation: Storage room
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 78700400200
  • Topography: PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.1894
  • Lot Size: 76X111
  • Lot Size Sq Ft: 8250
  • Zoning Description: HDC-1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2138.32

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 4, 2023
Sold by
Kessel Barbara A
Bought by
Soden Llc
Seller's Agent
Roderick Swisshelm
Windermere Real Estate Olympia
Buyer's Agent
Linh Huynh
Skyline Properties, Inc.
List Price
$225,000
Sold Price
$225,000
Total Days on Market
1
Views
54
Current Estimated Value
$235,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,470
Avg. Annual Appreciation
2.10%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Soden Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kessel Willard E $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $225,000 0.0% $199 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $225,000 -- $199 / 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 $2,572 $225,000 $145,900 $79,100
2023 $2,572 $245,400 $164,400 $81,000
2022 $2,138 $214,000 $108,800 $105,200
2021 $2,741 $178,500 $113,700 $64,800
2020 $3,083 $212,000 $182,700 $29,300
2019 $6,111 $232,700 $198,900 $33,800
2018 $2,133 $158,200 $129,800 $28,400
2017 $2,763 $220,900 $180,100 $40,800
2016 $2,527 $218,100 $184,000 $34,100
2014 -- $201,900 $165,600 $36,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2046720

Northwest Multiple Listing Service (NWMLS)

APN: 78700400200