Sold

Listed by: Redfin • Jessica Kammeyer

Bought with: WeLakeside

$350,000

3601 Landau Avenue NE, Olympia, WA 98506

2beds

960sqft

Single Family Residence

Built in 1950

0.5 Acres Lot

$382,900 Zestimate^®

$365/sqft

$3,402 Estimated rent

Home value

$382,900

$348,000 - $414,000

$3,402/mo

Zestimate^® history

Owner options

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$3,402/mo

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$3,402/mo

Rent Zestimate^®

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$2,164/mo

Est. payment

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$2,164/mo

Est. payment

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What's special

Investor alert! So much potential in this 1/2 acre corner lot on Lilly Rd, just down the road from medical services, shopping, and freeway. Fix up the 2-bedroom home for rental income, build your dream home on this large lot, or hold for future development. City of Olympia states that zoning allows for one structure per lot but up to 4 dwelling units, so there are possibilities for townhomes or a fourplex, barring restrictions from old neighborhood covenants or ability to connect to sewer line on Lilly Rd. Buyer to verify all development options to their satisfaction. Property does need some repair and is being sold as is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air, Electric

Cooling

None

Appliances

Included: Dryer(s), Refrigerators_, StovesRanges_, Washer(s), Refrigerator(s), Stove(s)/Range(s), Water Heater Location: Closet

Features

Ceiling Fan(s), Dining Room
Flooring: Laminate
Has fireplace: No

Interior area

Total structure area: 960
Total interior livable area: 960 sqft

Property

Parking

Parking features: Driveway

Features

Levels: One
Stories: 1
Entry location: Main
Patio & porch: Laminate, Ceiling Fan(s), Dining Room

Lot

Size: 0.5 Acres
Features: Corner Lot, Paved, Sidewalk, Fenced-Partially, Outbuildings
Topography: Level

Details

Parcel number: 51670002600
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: 1 Story
Property subtype: Single Family Residence

Materials

Wood Products
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 1950

Utilities & green energy

Electric: Company: PSE
Sewer: Septic Tank, Company: N/A
Water: Public, Company: City of Olympia
Utilities for property: Xfinity

Community & HOA

Community

Subdivision: Olympia

Location

Region: Olympia

Financial & listing details

Price per square foot: $365/sqft
Tax assessed value: $285,800
Annual tax amount: $2,539
Offers reviewed: 06/24/2024
Date on market: 8/6/2024
Cumulative days on market: 715 days
Listing terms: Conventional
Inclusions: Dryers, Refrigerators, StovesRanges, Washers

Price history

Date	Event	Price
6/30/2026	Listing removed	$3,950$4/sqft
Source: Zillow Rentals Report a problem
9/22/2025	Price change	$3,950+8.2%$4/sqft
Source: Zillow Rentals Report a problem
9/6/2025	Listed for rent	$3,650$4/sqft
Source: Zillow Rentals Report a problem
8/12/2024	Sold	$350,000$365/sqft
Source: NWMLS as distributed by MLS GRID #2253301 Report a problem
6/25/2024	Pending sale	$350,000$365/sqft
Source: NWMLS as distributed by MLS GRID #2253301 Report a problem
6/18/2024	Listed for sale	$350,000+55.6%$365/sqft
Source: NWMLS as distributed by MLS GRID #2253301 Report a problem
5/27/2021	Sold	$225,000$234/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,083 +21.5%	$285,800 +12.1%
2023	$2,539 +8.8%	$254,900 +10.1%
2022	$2,333 -9%	$231,500 +11.1%
2021	$2,564 +5.4%	$208,400 +12.7%
2020	$2,433 +35.6%	$184,900 +5.7%
2019	$1,795 -10.3%	$174,900 +14.5%
2018	$2,001 +32.4%	$152,700 +20.3%
2017	$1,512	$126,950 +11.3%
2016	$1,512	$114,100 -1.5%
2014	$1,512	$115,850 +10.8%
2013	--	$104,600
2012	$1,309	--
2011	--	--
2010	--	--
2009	$1,696	--
2008	--	--
2007	$1,615 -14%	--
2006	$1,877 +50.4%	--
2005	$1,248	--
2004	--	--
2002	--	--
2001	$1,082 +10.6%	$71,600 +14.9%
2000	$978	$62,300