Listed by Crescent Realty powered by KW
NOT LISTED FOR SALE

711 83rd Ave SW Tumwater, WA 98512

Estimated Value: $507,000 - $1,115,000

4.78 Acres
$145,776 Price per Acre
208,217 Sq Ft Lot

Last Sold June 20, 2019

Last sale price $275,000 $182 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,043/month

363 Days on Market

About This Lot

As of June 2019

Property zoned LI - Light Industrial. Tons of uses under LI zoning. Nearly 5 acres corner lot near Olympia Municipal Airport and State Patrol HQ. Close to I5, schools and other industrial businesses. Existing home on property is of no value. Value is in the land. Excellent location with road on two sides.

Last Agent to Sell the Property

Vanessa Parker

Crescent Realty powered by KW License #25642 Listed on: 03/01/2018

Crescent Realty powered by KW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1252223

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,754

Lot Details

  • Corner Lot
  • Level Lot

Utilities

  • Well
  • Sewer Not Available

Community Details

  • Tumwater Community

Listing and Financial Details

  • Assessor Parcel Number 12715120100

Property Details

Property Type

Land

Est. Annual Taxes

$4,754

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Garden/Fruit Trees, Lightly Treed, Partially Cleared, Pasture Land
  • Style: 43 - Comm/Industrial
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: North and East
  • Water Jurisdiction: Private Well

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic System Installed: Y
  • Sewer: Not Available
  • Water: Private Well

Condo/Co-op/Association

  • Community Name: Tumwater

Schools

  • School District: TUM

Lot Info

  • General Zoning Classification: Industrial-Light
  • Improvements: Fenced-Partially
  • Lot Details: Corner Lot, Paved Street
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 208217
  • Parcel Number: 12715120100
  • Topography: Level
  • Zoning Jurisdiction: County
  • Zoning Remarks: LI - Light Industria

Tax Info

  • Tax Amount: 3468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 19, 2019
Sold by
Henry Barbara A
Bought by
Vandelay Industries Llc
Seller's Agent
Vanessa Parker
Crescent Realty powered by KW
List Price
$405,000
Sold Price
$275,000
Premium/Discount to List
-$130,000
-32.1%
Current Estimated Value
$696,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,808
Avg. Annual Appreciation
15.74%
Original Mortgage
$215,000
Outstanding Balance
$189,038
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$507,770
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
Vandelay Industries Llc $275,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandelay Industries Llc $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $275,000 0.0% $182 / Sq Ft
06/20/2019 06/20/19 Off Market $275,000 -- --
02/28/2019 02/28/19 Pending -- -- --
03/01/2018 03/01/18 For Sale $405,000 -- $267 / 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 $4,754 $461,600 $265,700 $195,900
2023 $4,754 $452,700 $247,100 $205,600
2022 $4,555 $423,300 $200,200 $223,100
2021 $4,586 $362,900 $186,000 $176,900
2020 $4,214 $329,200 $187,900 $141,300
2019 $3,489 $291,300 $160,700 $130,600
2018 $3,443 $244,600 $147,400 $97,200
2017 $3,468 $238,150 $148,150 $90,000
2016 $3,810 $256,850 $166,050 $90,800
2014 -- $263,050 $166,050 $97,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2019

    Vanessa Parker

    Crescent Realty powered by KW

    (253) 318-8004

    37 Total Sales

    Vanessa Parker
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1252223

Northwest Multiple Listing Service (NWMLS)

APN: 12715120100

Washington Thurston County Tumwater 98501

711 83rd Ave SW, Tumwater, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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