Listed by KW Mountains to Sound Realty, Bought with Coldwell Banker Evergreen
NOT LISTED FOR SALE

514 Mcphee Rd SW Olympia, WA 98502

Estimated Value: $127,504 - $346,000

0.31 Acre
$763,716 Price per Acre
13,504 Sq Ft Lot

Last Sold March 11, 2021

Last sale price $50,000

Est. 374% increase in value since last sale

Current estimated payment $1,313/month

Highlights

  • Territorial View
  • Jefferson Middle School Rated A
  • Level Lot

About This Lot

As of March 2021

OLYMPIA - 0.310 ACRES: PRICE REDUCED. Located next to Capital Medical Center, property offers potential in a well established area with quick access to 101 & I-5. Property is 13,504 sq ft and level. Zoned MS allows for hospital, medical office, day care, gym, restaurant, & duplex among others. Water, power, phone, sewer, gas near by. Buy and build or hold for future investment. No new studies available. Buyer to confirm feasibility for building. Imagine the possibilities. LOOK FOR SIGN!

Last Agent to Sell the Property

John Love

KW Mountains to Sound Realty License #112332 Listed on: 08/28/2020

KW Mountains to Sound Realty

Last Buyer's Agent

Gene Brickl

Coldwell Banker Evergreen License #7837

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1653324

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $889

Lot Details

Additional Features

  • Territorial Views
  • Level Lot

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 12817410901

Property Details

Property Type

Land

Est. Annual Taxes

$889

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: West
  • View: Territorial
  • Water Jurisdiction: City of Olympia

Utilities

  • Electricity: In Street
  • Gas Available: Available
  • Sewer: Available
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • School District: OLY

Lot Info

  • General Zoning Classification: Commercial
  • Lot Details: Paved Street
  • Lot Sq Ft: 13503
  • Parcel Number: 12817410901
  • Slopeof Property: Level
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: MS

Tax Info

  • Tax Amount: 1732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Pinetop Holdings Llc
Bought by
Kentiba Bontu and Wakjira Kano
Current Estimated Value
$236,752

Purchase Details

Listed on
Aug 28, 2020
Closed on
Mar 9, 2021
Sold by
Croco Invest Corp
Bought by
Pinetop Holdings Llc
Seller's Agent
John Love
KW Mountains to Sound Realty
Buyer's Agent
Gene Brickl
Coldwell Banker Evergreen
List Price
$139,997
Sold Price
$50,000
Premium/Discount to List
-$89,997
-64.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.81%

Purchase Details

Closed on
Aug 12, 2020
Sold by
Tree Amigos Ventures Llc
Bought by
Croco Invest Corp

Purchase Details

Closed on
Apr 1, 2008
Sold by
Bucher Ann and Elrod Dennis
Bought by
Tres Amigos Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kentiba Bontu -- Chicago Title
Pinetop Holdings Llc -- Chicago Title
Croco Invest Corp $31,600 First American Title Ins Co
Tres Amigos Ventures Llc $215,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tres Amigos Ventures Llc $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $50,000 -60.0% --
01/16/2021 01/16/21 Pending -- -- --
01/08/2021 01/08/21 Price Changed $124,997 -10.7% --
01/06/2021 01/06/21 For Sale $139,997 0.0% --
01/02/2021 01/02/21 Pending -- -- --
11/17/2020 11/17/20 Price Changed $139,997 -6.7% --
08/28/2020 08/28/20 For Sale $149,997 -- --
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 $889 $138,100 $138,100 --
2023 $889 $71,500 $71,500 $0
2022 $775 $60,100 $60,100 $0
2021 $2,267 $64,200 $64,200 $0
2020 $1,732 $175,200 $175,200 $0
2019 $1,968 $130,400 $130,400 $0
2018 $2,101 $155,800 $155,800 $0
2017 $1,291 $102,800 $102,800 $0
2016 $1,090 $83,750 $83,750 $0
2014 -- $86,700 $86,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1653324

Northwest Multiple Listing Service (NWMLS)

APN: 12817410901