Listed by RE/MAX Northwest, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

1807 Yelm Hwy SE Olympia, WA 98501

Estimated Value: $474,000 - $530,000

0.93 Acre
$537,229 Price per Acre
40,511 Sq Ft Lot

Last Sold June 29, 2021

Last sale price $450,000 $378 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,051/month

11 Days on Market

Highlights

  • Corner Lot
  • Centennial Elementary School Rated A
  • Open Space

About This Lot

As of June 2021

RARE RAMBLER ON .93 ACRE LOT WITH MORE ROOM TO BUILD... Located in the highly desirable Olympia High area this cleared land has 2 separate entrances & is potentially ready for multiple additional homes zoned R4-8 (Gopher Study Approved/Current). This stunning 3 bed 1.75 bath + bonus features Quartz Countertops, Fresh Interior Paint, Gorgeous Laminate Flooring, Walk-In Shower, & A/C when your not enjoying your backyard Patio, Hot Tub & Pergola on those hot summer days.

Last Agent to Sell the Property

Colton Blyle

RE/MAX Northwest License #119502 Listed on: 05/22/2021

RE/MAX Northwest

Co-Listed By

Cindy Blyle

RE/MAX Northwest License #23983

Last Buyer's Agent

Richard Moats

Van Dorm Realty, Inc License #26928

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1779372

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,008

Lot Details

  • Open Space
  • Corner Lot
  • Level Lot

Utilities

  • Well
  • Sewer in Street

Community Details

  • Olympia Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 12836310101

Property Details

Property Type

Land

Est. Annual Taxes

$4,008

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: Gravel, Paved

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Septic Approved for Number of Bedrooms: 3
  • Septic System Installed: Y
  • Sewer: In Street
  • Water: In Street, Private Well

Condo/Co-op/Association

  • Community Name: Olympia
  • Community Features: CCRs

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Wash Mid
  • High School: Olympia High
  • School District: OLY

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially, Outbuilding(s)
  • Lot Details: Corner Lot, Open Space, Paved Street, Sidewalk
  • Lot Sq Ft: 40337
  • Parcel Number: 12836310101
  • Topography: Level
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 3139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 21, 2021
Sold by
Marlatt Richard J and Marlatt Alisha L
Bought by
Osial Thomas and Osial Selwyn
Seller's Agent
Colton Blyle
RE/MAX Northwest
Buyer's Agent
Richard Moats
Van Dorm Realty, Inc
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Current Estimated Value
$499,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,623
Avg. Annual Appreciation
3.13%
Original Mortgage
$350,000
Outstanding Balance
$320,993
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$190,782

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jan 26, 2016
Sold by
Sanders Nicholas G and Sanders Sheila J
Bought by
Marlatt Richard J and Marlatt Allisha L
Seller's Agent
Rhonda Olnick
Redfin
Buyer's Agent
Joleen Harlan
Keller Williams South Sound
List Price
$224,999
Sold Price
$224,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%
Original Mortgage
$220,923
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2012
Sold by
Sanders Darrell C
Bought by
Sanders Nicholas G and Sanders Sheila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Osial Thomas $450,000 Chicago Title Company Of Wa
Marlatt Richard J $224,717 Chicago Title Company
Sanders Nicholas G $213,089 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osial Thomas $350,000
Previous Owner Marlatt Richard J $240,000
Previous Owner Marlatt Richard J $220,923
Previous Owner Sanders Nicholas G $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $450,000 0.0% $378 / Sq Ft
06/03/2021 06/03/21 Off Market $450,000 -- --
05/31/2021 05/31/21 Price Changed $425,000 -5.6% $357 / Sq Ft
05/26/2021 05/26/21 Price Changed $450,000 -7.2% $378 / Sq Ft
05/22/2021 05/22/21 For Sale $485,000 +115.6% $407 / Sq Ft
01/29/2016 01/29/16 Sold $224,999 0.0% $149 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $224,999 -- $149 / 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 $4,008 $415,200 $180,100 $235,100
2023 $4,008 $382,600 $184,800 $197,800
2022 $3,751 $348,900 $136,900 $212,000
2021 $3,140 $315,200 $143,800 $171,400
2020 $3,474 $240,800 $99,100 $141,700
2019 $3,014 $263,500 $130,300 $133,200
2018 $3,048 $222,000 $84,900 $137,100
2017 $2,942 $221,200 $87,300 $133,900
2016 $2,900 $212,400 $95,600 $116,800
2014 -- $216,600 $97,100 $119,500
Source: Public Records

Agents Affiliated with this Home

  • Colton Blyle

    Seller's Agent in 2021

    Colton Blyle

    RE/MAX Professionals

    (360) 888-6006

    108 Total Sales

    Colton Blyle
    Section Image
  • Cindy Blyle

    Seller Co-Listing Agent in 2021

    Cindy Blyle

    RE/MAX Professionals

    (360) 888-7253

    89 Total Sales

    Cindy Blyle
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Moats

    Van Dorm Realty, Inc

    Section Image

  • J

    Buyer's Agent in 2016

    Joleen Harlan

    Keller Williams South Sound

    (360) 951-2526

    14 Total Sales

    Joleen Harlan
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1779372

Northwest Multiple Listing Service (NWMLS)

APN: 12836310101

Washington Thurston County Olympia 98501

1807 Yelm Hwy SE, Olympia, WA

This home is located at 1807 Yelm Hwy SE, Olympia, WA 98501 since 22 May 2021 and is currently estimated at $499,623, approximately $419 per square foot. 1807 Yelm Hwy SE is a home located in Thurston County with nearby schools including Centennial Elementary School, Washington Middle School, and Olympia 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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