Listed by Capitol Real Estate LLC
NOT LISTED FOR SALE

3531 93rd Ave SW Olympia, WA 98512

Estimated Value: $787,000 - $1,441,671

4 Beds
2 Baths
2,904 Sq Ft
$400/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $1,360,000 $468 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $7,042/month

Highlights

  • RV Access or Parking
  • Built Green
  • Walk-In Pantry
  • Michael T. Simmons Elementary School Rated A-
  • Property is near public transit
  • 10 Car Garage

About This Home

As of January 2022

A truly rare opportunity to own 2+ acres of Light Industrial zoned property on 93rd Ave in Tumwater. This prime real estate is located approx 1 mile west of I-5, right down from Exit 99 which is the next hottest commercial development on the I-5 corridor in Thurston county. This gated property is built up and ready for your business, featuring a 84 x 40 commercial grade shop, approx 3/4 acre of asphalt in front of shop, and a 2904 sq. ft. BUILT GREEN 5 STAR HOME built by Scott Homes. This high quality energy efficient home features 4 beds, 9' ceilings, exposed wood beams, granite counter tops, and main floor master bedroom. Large 64 x 16 8-stall storage building. Huge yard to entertain! The opportunities are endless with this property!

Last Agent to Sell the Property

Mark Ellis

Capitol Real Estate LLC License #22033591 Listed on: 08/31/2021

Capitol Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1832552

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 2014

Lot Details

  • 2.01 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Property is in good condition
  • Zoning described as LI ( Light Industrial )

Parking

  • 10 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Structural Insulated Panel System
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Triple Pane Windows
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Location

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

Utilities

  • Mini Split Air Conditioners
  • Generator Hookup
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Additional Features

  • Built Green
  • Outbuilding

Community Details

  • Built by Scott Homes, Inc
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12720120302

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,600

Year Built

Built in 2014

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2014
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2904
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Tankless Water Heater, Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Dining Room, Triple Pane Windows, Walk-In Closet(s), Walk-In Pantry, Wired for Generator
  • Living Area: 2904
  • Main Level Bedrooms: 1
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2904
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Builder Name: Scott Homes, Inc
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Structural Insulated Panel (SIPs)

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 10
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Detached Garage
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Propane, Septic System, Electricity Available, Natural Gas Connected, Individual Well
  • HeatingCoolingType: Ductless HP-Mini Split,Tankless Water Heater
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Private Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 12720120302
  • Topography: Level
  • Lot Size Acres: 2.0085
  • Lot Size Sq Ft: 87490
  • Zoning Description: LI ( Light Industrial )
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Gated Entry,Outbuildings,Propane,RV Parking,Shop
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Efficiency: Structural Insulated Panel (SIPs)
  • Green Building Verification Type: Built Green™
  • Power Production Type: Electric, Natural Gas
  • GreenVerificationBuiltGreenRating: 5 stars
  • GreenVerificationHERSMetric: 54

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7600

Multi Family

  • EnergySource: Electric,Natural Gas
  • EnvironmentalCertification: Built Green™

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Dec 28, 2021
Sold by
Graham Douglas E and Graham Sharon
Bought by
93Rd Ave Llc
Seller's Agent
Mark Ellis
Capitol Real Estate LLC
List Price
$1,500,000
Sold Price
$1,360,000
Premium/Discount to List
-$140,000
-9.33%
Current Estimated Value
$1,160,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,332
Avg. Annual Appreciation
-4.16%
Original Mortgage
$1,156,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2013
Sold by
Graham Douglas and Graham Sharon
Bought by
Graham Douglas and Graham Sharon
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
93Rd Ave Llc -- Thurston County Title
Graham Douglas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 93Rd Ave Llc $1,156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $1,360,000 -2.9% $468 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $1,400,000 -6.7% $482 / Sq Ft
08/31/2021 08/31/21 For Sale $1,500,000 -- $517 / 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 $10,669 $1,034,300 $198,500 $835,800
2023 $10,669 $1,028,400 $215,800 $812,600
2022 $8,204 $792,600 $132,400 $660,200
2021 $7,612 $659,700 $124,600 $535,100
2020 $7,496 $551,100 $127,200 $423,900
2019 $6,653 $523,700 $108,000 $415,700
2018 $6,262 $498,800 $85,900 $412,900
2017 $5,879 $408,250 $88,850 $319,400
2016 $3,308 $373,250 $74,750 $298,500
2014 -- $258,950 $74,750 $184,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1832552

Northwest Multiple Listing Service (NWMLS)

APN: 12720120302