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  • Listed by: Century 21 Van Dorm Realty • Melody Cahill
    Bought with: Olympic Sotheby's Int'l Realty
    $450,000

    1515 Mercantile Lane NE, Olympia, WA 98506

    2beds
    1,683sqft
    Single Family Residence
    Built in 1949
    0.67 Acres Lot
    $516,200 Zestimate®
    $267/sqft
    $2,693 Estimated rent

    Home value

    $516,200

    $480,000 - $552,000

    $2,693/mo

    Zestimate® history
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    What's special

    Garden spaceThree fig treesNew washer and dryerCozy finished attic areaNew hot water tankAsian pear treeNew electric range
    Coveted Boston Harbor Rd area! This charming home has just over 1200 sf of living space, with two bedrooms and 1.75 bathrooms. A cozy finished attic area will do in a pinch for extra sleeping space, or a hobby or office space - or simply attic storage. You'll enjoy the roomy .67 acre parcel with room for your pets, garden space, Asian pear tree, walnut, and three fig trees! Another bonus is the outbuildings! We have a carport with attached 30x40 shop, a 30x40 RV garage with an attached barn. Very nice updates with new electric range, garden window in the kitchen, insta-hot faucet in the kitchen, new hot water tank, new washer and dryer. A very special home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Melody Cahill,

    Century 21 Van Dorm Realty

    Bought with:

    Kyle Kanda, 21001593

    Olympic Sotheby's Int'l Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2304820MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Ductless HP-Mini Split, Electric, Propane
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Electric, Water Heater Location: Utility Room
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Vinyl, Carpet
    • Windows: Double Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,683
    • Total interior livable area: 1,683 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached Carport, Driveway, Detached Garage, RV Parking
    • Garage spaces: 5
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Wall to Wall Carpet, Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.67 Acres
    • Features: Dead End Street, Paved, Barn, Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, RV Parking, Shop
    • Topography: Equestrian,Level
    • Residential vegetation: Fruit Trees, Garden Space
    Details
    • Parcel number: 12925311300
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Northwest Contemporary,1 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1949
    • Major remodel year: 1986

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Individual Well, Company: Well
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Gull Harbor
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $267/sqft
    • Tax assessed value: $430,500
    • Annual tax amount: $4,311
    • Date on market: 12/30/2024
    • Cumulative days on market: 569 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    12/16/2024Sold$450,000$267/sqft
    Source: NWMLS as distributed by MLS GRID #2304820 Report a problem
    11/12/2024Pending sale$450,000$267/sqft
    Source: NWMLS as distributed by MLS GRID #2304820 Report a problem
    10/25/2024Listed for sale$450,000$267/sqft
    Source: NWMLS as distributed by MLS GRID #2304820 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,701 +9%$430,500 +3.7%
    2023$4,311 +8.8%$415,100 +3.9%
    2022$3,964 -2.3%$399,600 +14.3%
    2021$4,056 +17.6%$349,700 +28.7%
    2020$3,447 +22.1%$271,700 +10.1%
    2019$2,824 -3.5%$246,800 +5.6%
    2018$2,925 +15.5%$233,800 +14.6%
    2017$2,534 $204,100 +6.5%
    2016$2,534 $191,700 +1%
    2014$2,534 $189,750 +3%
    2013-- $184,300
    2012$2,150 --
    2011-- --
    2010-- --
    2009$2,254 --
    2008-- --
    2007$2,135 -35.2%--
    2006$3,297 +54.3%--
    2005$2,137 --
    2004-- --
    2002-- --
    2001$1,522 -0.2%$94,600
    2000$1,525 $94,600
    Find assessor info on the county website

    Neighborhood: 98506

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Boston Harbor Elem
    • Middle: Reeves Mid
    • High: Olympia High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $516,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $516,200