NOT LISTED FOR SALE

Estimated Value: $397,669

1.17 Acres
$338,845 Price per Acre
51,122 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $385,000

Est. 3% increase in value since last sale

Current estimated payment $2,568/month

58 Days on Market

Highlights

  • 1.17 Acre Lot
  • No HOA
  • Level Lot
  • Jefferson Middle School Rated A
  • Open Space
  • 3-minute walk to Woodruff Park

About This Lot

As of May 2023

Take a look at this 1.17 acre commercial site on the Westside in Olympia close to Capital Mall. Zoned HDC-3 City of Olympia. This lot was previously used as a parking lot and is mostly paved with lights, parking spaces, curbs, and sidewalks. Ideal location very close to Harrison Ave, Black Lake Blvd & Hwy 101. In the heart of Westside shopping areas. Many uses such as auto repair, offices, apartments, mixed use development, stores, building materials, restaurants, and bars just to list a few. Buyer to verify with City of Olympia. A new opportunity awaits!

Last Agent to Sell the Property

Barbara Haggerty

Van Dorm Realty, Inc License #76491 Listed on: 03/06/2023

Van Dorm Realty, Inc

Last Buyer's Agent

Barbara Haggerty

Van Dorm Realty, Inc License #76491 Listed on: 03/06/2023

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2039830

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,475

Year Built

  • 1990

Lot Details

  • 1.17 Acre Lot
  • Open Space
  • Level Lot
  • Zoning described as HDC-3

Schools

  • Leland P Brown Elementary School
  • Jefferson Mid Middle School
  • Capital High School

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70400101400

Property Details

Property Type

Land

Est. Annual Taxes

$3,475

Year Built

1990

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Partially Cleared
  • Improvements: Fenced-Partially
  • Special Features: None
  • Year Built (Public Record): 1990
  • Cumulative Days on Market: 803

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved
  • WaterJurisdiction: Public

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Jefferson Mid

Lot Info

  • Parcel Number: 70400101400
  • Topography: Level
  • Lot Size Acres: 1.1736
  • Lot Size Sq Ft: 51122
  • Zoning Description: HDC-3
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3475

MLS Schools

  • Elementary School: Leland P Brown Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 18, 2023
Sold by
Heady Sherry L Le
Bought by
Redstone Black Lake Lot Llc
Seller's Agent
Barbara Haggerty
Van Dorm Realty, Inc
Buyer's Agent
Barbara Haggerty
Van Dorm Realty, Inc
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Total Days on Market
58
Views
58
Current Estimated Value
$397,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,669
Avg. Annual Appreciation
1.59%
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
Redstone Black Lake Lot Llc -- Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $385,000 -14.4% --
05/03/2023 05/03/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $450,000 -- --
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 $4,030 $378,200 $343,300 $34,900
2023 $4,030 $600,900 $546,900 $54,000
2022 $5,506 $348,000 $287,900 $60,100
2021 $7,971 $460,800 $405,700 $55,100
2020 $8,078 $617,800 $568,000 $49,800
2019 $6,656 $610,800 $556,000 $54,800
2018 $7,983 $592,900 $544,300 $48,600
2017 $6,927 $554,900 $491,700 $63,200
2016 $6,526 $504,200 $454,500 $49,700
2014 -- $522,350 $468,850 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2039830

Northwest Multiple Listing Service (NWMLS)

APN: 70400101400