Listed by Keller Williams South Sound
$1,200,000
$100K PRICE DROP

423 Franz Anderson Rd SE Olympia, WA 98501

Estimated payment $7,087/month

Total Views 143,040
2 Beds
1 Bath
1,848 Sq Ft
$649 Price per Sq Ft

Highlights

  • Territorial View
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Bathroom on Main Level
  • Attached Carport

About This Home

Exceptional opportunity with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees. This is zoned HDC-4 in the City of Olympia.

Listing Agent

Jason Munoz

Keller Williams South Sound License #114219 Listed on: 04/25/2024

Keller Williams South Sound

Co-Listing Agent

Kyle Shimabukuro

Keller Williams South Sound License #23010877

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2233030

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,518

Year Built

  • Built in 1930

Lot Details

  • 1.02 Acre Lot
  • Level Lot
  • Value in Land

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Wood Flooring
  • Territorial Views

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • Attached Carport

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41700200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,518

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1930
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1848
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None
  • Cumulative Days on Market: 463

Interior Features

  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Living Area: 1848
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1848
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Value In Land
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2

Utilities

  • Sewer: Available, Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 41700200000
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.02
  • Lot Size Sq Ft: 44431
  • Zoning: HDC-4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5518

Multi Family

  • EnergySource: Electric,Natural Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,518 $430,400 $186,600 $243,800
2023 $5,518 $561,000 $186,200 $374,800
2022 $5,509 $548,100 $137,700 $410,400
2021 $4,855 $453,000 $137,300 $315,700
2020 $4,355 $373,000 $119,700 $253,300
2019 $3,780 $343,100 $88,000 $255,100
2018 $3,981 $283,700 $78,200 $205,500
2017 $3,217 $247,700 $72,600 $175,100
2016 $2,902 $238,450 $78,850 $159,600
2014 -- $225,700 $79,600 $146,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $1,200,000 -7.7% --
04/25/2024 04/25/24 For Sale $1,300,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $249,719 First American Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2233030

Northwest Multiple Listing Service (NWMLS)

APN: 41700200000

Washington Thurston County Olympia 98501

423 Franz Anderson Rd SE, Olympia, WA

This home is located at 423 Franz Anderson Rd SE, Olympia, WA 98501 and is currently priced at $1,200,000, approximately $649 per square foot. This property was built in 1930. 423 Franz Anderson Rd SE is a home located in Thurston County with nearby schools including Pleasant Glade Elementary School, Chinook Middle School, and North Thurston High School.

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Based on information submitted to the MLS GRID

Nearby Homes
Jason Munoz
Listing Agent
Jason Munoz
Section Image
Keller Williams South Sound
(360) 472-4569