Listed by Terrafin, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

2602 18th Ave SE Olympia, WA 98501

Estimated Value: $372,000 - $386,000

2 Beds
1 Bath
752 Sq Ft
$501/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $368,428 $490 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,203/month

4 Days on Market

Highlights

  • Solar Power System
  • Fruit Trees
  • Territorial View
  • Reeves Middle School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of October 2024

Attention renovators and visionaries! Come check out this Hidden gem with tremendous amounts of untapped potential. This 5 acre parcel boasts beautiful wetland views and scrumptious fruit trees. A true diamond in the rough. The location is desirable, it is less than 10 minutes from downtown Olympia and Lacey so you are close to everything! With some Dedication and work the home built on the property could really shine. The property alone is worth it. Come take a look and see if this project is right for you! Home and property comes as-is, Priced to sell.

Last Agent to Sell the Property

Brenna Smith

Terrafin License #21005494 Listed on: 08/27/2024

Terrafin

Co-Listed By

Marilyn Winters

Terrafin License #29377

Last Buyer's Agent

Colton Blyle

RE/MAX Northwest License #119502

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2277936

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,610

Year Built

  • Built in 2009

Lot Details

  • 5 Acre Lot
  • Brush Vegetation
  • Sloped Lot
  • Fruit Trees
  • Wooded Lot

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 752 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Ceramic Tile Flooring
  • Territorial Views
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Detached Carport Space

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Additional Features

  • Solar Power System
  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,610

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2009
  • Buyer Agency Compensation: 2.5
  • Inclusions: Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Mottmans Warbass TR
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1504
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2277936?w=Consumer&agent=133482
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceramic Tile, Fireplace, Skylight(s)
  • Living Area: 752
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 752
  • SquareFootageUnfinished: 752
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: Buyer to Verify

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: PSA

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: 6300001400
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Shop
  • MLSLotSizeSource: County records

Green Features

  • Green Power: Solar
  • Power Production Type: Electric, Solar PV, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2610

Multi Family

  • EnergySource: Electric,Solar PV,Wood

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 9, 2024
Sold by
Newcomb Thomas R and Woollin Nichole A
Bought by
Ray William H and Choate Taylor S
Seller's Agent
Brenna Smith
Terrafin
Buyer's Agent
Colton Blyle
RE/MAX Northwest
List Price
$349,950
Sold Price
$368,428
Premium/Discount to List
$18,478
5.28%
Views
41
Current Estimated Value
$376,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,530
Avg. Annual Appreciation
2.08%
Original Mortgage
$14,470
Outstanding Balance
$14,318
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$362,640

Purchase Details

Closed on
Jan 21, 2009
Sold by
Schneider Mildred
Bought by
City Of Olympia

Purchase Details

Closed on
Mar 12, 2004
Sold by
Fristoe E Robert and Fristoe Jane M
Bought by
Newcomb Thomas R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ray William H $368,428 Chicago Title
City Of Olympia -- Thurston County Title
Newcomb Thomas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray William H $14,470
Open Ray William H $361,754
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $368,428 +5.3% $490 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $349,950 -- $465 / 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 $2,610 $239,600 $121,400 $118,200
2023 $2,610 $246,600 $124,300 $122,300
2022 $2,508 $239,800 $102,400 $137,400
2021 $2,392 $207,300 $96,600 $110,700
2020 $2,447 $183,300 $101,500 $81,800
2019 $2,055 $183,000 $97,100 $85,900
2018 $2,047 $150,300 $67,900 $82,400
2017 $1,879 $148,400 $70,900 $77,500
2016 $1,917 $155,050 $87,150 $67,900
2014 -- $151,350 $85,650 $65,700
Source: Public Records

Agents Affiliated with this Home

  • Brenna Smith

    Seller's Agent in 2024

    Brenna Smith

    Terrafin Real Estate

    (360) 464-0669

    79 Total Sales

    Brenna Smith
    Section Image
  • Marilyn Winters

    Seller Co-Listing Agent in 2024

    Marilyn Winters

    Terrafin Real Estate

    (425) 830-1501

    96 Total Sales

    Marilyn Winters
    Section Image
  • Colton Blyle

    Buyer's Agent in 2024

    Colton Blyle

    RE/MAX Professionals

    (360) 888-6006

    99 Total Sales

    Colton Blyle
    Section Image
  • Cindy Blyle

    Buyer Co-Listing Agent in 2024

    Cindy Blyle

    RE/MAX Professionals

    (360) 888-7253

    83 Total Sales

    Cindy Blyle
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2277936

Northwest Multiple Listing Service (NWMLS)

APN: 63300001400

Washington Thurston County Olympia 98501

2602 18th Ave SE, Olympia, WA

Not Listed for Sale

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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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