2123 9th Ave SW Olympia, WA 98502
South Westside NeighborhoodEstimated payment $7,001/month
Highlights
- 2.33 Acre Lot
- Corner Lot
- No HOA
- Thurgood Marshall Middle School Rated A-
About This Lot
Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24, with the potential for increased density beyond that. This property sits on the corner of 9th and Fern in the desirable Westside neighborhood next to countless amenities, and between the Capital Mall and Downtown Olympia. With housing demand rapidly increasing this is a prime opportunity to construct a beautiful multifamily development. Call today with questions because once this property is gone, there won't be another like it. Lot also features 1408+/- sqft home that needs some work, but could bring in rental income while you work on getting development permits.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2198596
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,883
Lot Details
- 2.33 Acre Lot
- Corner Lot
- Level Lot
- 12822220900
- Zoning described as Multi-Family
Utilities
- Water Not Available
- Sewer in Street
Community Details
- No Home Owners Association
- Westside Subdivision
Listing and Financial Details
- Assessor Parcel Number 12822220900
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,883 | $204,900 | $204,900 | -- |
| 2023 | $1,883 | $179,400 | $179,400 | $0 |
| 2022 | $1,863 | $162,100 | $162,100 | $0 |
| 2021 | $1,829 | $155,400 | $155,400 | $0 |
| 2020 | $1,812 | $141,200 | $141,200 | $0 |
| 2019 | $3,675 | $136,400 | $136,400 | $0 |
| 2018 | $1,476 | $109,300 | $109,300 | $0 |
| 2017 | $1,541 | $122,850 | $122,850 | $0 |
| 2016 | $1,293 | $105,050 | $105,050 | $0 |
| 2014 | -- | $102,950 | $102,950 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 08/26/2024 08/26/24 | For Sale | $1,250,000 | 0.0% | -- |
| 03/02/2024 03/02/24 | Pending | -- | -- | -- |
| 02/09/2024 02/09/24 | For Sale | $1,250,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Thurston County Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,000 | Seller Take Back |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2198596
APN: 12822220900
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Based on information submitted to the MLS GRID
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