9115 Old Highway 99 SE Olympia, WA 98501
Estimated payment $10,702/month
Highlights
- Territorial View
- No HOA
- Level Lot
- East Olympia Elementary School Rated A-
About This Lot
6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2159407
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,157
Lot Details
- 6.63 Acre Lot
- Level Lot
- Zoning described as MFM
Property Views
- Territorial Views
Schools
- East Olympia Elementary School
- George Wash Bush Mid Middle School
- Tumwater High School
Utilities
- Well
- Septic Design Installed
- Sewer in Street
Community Details
- No Home Owners Association
- Olympia Subdivision
Listing and Financial Details
- Assessor Parcel Number 12713420400
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,663 | $593,300 | $281,900 | $311,400 |
| 2023 | $2,663 | $588,300 | $266,500 | $321,800 |
| 2022 | $2,382 | $568,500 | $216,800 | $351,700 |
| 2021 | $2,559 | $477,600 | $200,600 | $277,000 |
| 2020 | $2,423 | $419,800 | $197,800 | $222,000 |
| 2019 | $2,166 | $395,500 | $182,700 | $212,800 |
| 2018 | $2,264 | $327,900 | $167,500 | $160,400 |
| 2017 | $2,338 | $318,500 | $167,600 | $150,900 |
| 2016 | $2,616 | $336,450 | $188,650 | $147,800 |
| 2014 | -- | $348,450 | $188,650 | $159,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2024 11/05/24 | For Sale | $1,975,000 | 0.0% | -- |
| 08/09/2024 08/09/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | Price Changed | $1,975,000 | -14.1% | -- |
| 01/11/2024 01/11/24 | For Sale | $2,300,000 | 0.0% | -- |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- |
| 09/18/2023 09/18/23 | For Sale | $2,300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2159407
APN: 12713420400
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Based on information submitted to the MLS GRID
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