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  • Listed by: Olympic Sotheby's Int'l Realty • Deborah Dunham-Bouis
    $475,000

    509 McPhee Road SW, Olympia, WA 98502

    --beds
    --baths
    0.97Acres
    Unimproved Land
    Built in ----
    0.97 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    .97+/- acre with multiple development opportunities. Just minutes from Capital Medical MultiCare and Olympia Orthopedics. Zoned Professional and Multi Family Use. Sewer and Water in street.
    --
    on Zillow
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    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah Dunham-Bouis,

    Olympic Sotheby's Int'l Realty,

    Quint Newell,

    Greene Commercial

    Source: NWMLS as distributed by MLS GRID,MLS#: 2529549MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 0.97 Acres
      • Features: Paved, Evergreens, Lightly Treed
      • Topography: Level
      Details
      • Parcel number: 12817411802
      • Zoning description: Business,Commercial,Multi-Family,Office,Jurisdiction: City
      • Special conditions: Standard

      Utilities & green energy

      • Electric: In Street
      • Gas: Not Available
      • Sewer: In Street
      • Water: In Street, Jurisdiction: City of Olympia
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Westside
      Location
      • Region: Olympia

      Financial & listing details

      • Tax assessed value: $262,200
      • Annual tax amount: $2,798
      • Date on market: 6/3/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/24/2026Listed for sale$475,000
        Source: NWMLS as distributed by MLS GRID #2529549 Report a problem
        7/30/2026Pending sale$475,000
        Source: NWMLS as distributed by MLS GRID #2529549 Report a problem
        6/3/2026Listed for sale$475,000+97.9%
        Source: NWMLS as distributed by MLS GRID #2529549 Report a problem
        4/2/2010Sold$240,000+20%
        Source: Public Record Report a problem
        3/28/2007Sold$200,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,798 +2.5%$262,200 +1.7%
        2024$2,731 +6.8%$257,800 +6.7%
        2023$2,556 +29.5%$241,600 +24%
        2022$1,974 -11.8%$194,900 +5.5%
        2021$2,237 -30.3%$184,800 -25.2%
        2020$3,209 +5.3%$246,900 -0.3%
        2019$3,048 -16.8%$247,600 +0.5%
        2018$3,665 +61.6%$246,300 +12.9%
        2017$2,269 $218,250 +25.8%
        2016$2,269 $173,550 -3.4%
        2014$2,269 $179,700
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98502

        Getting around

        43 / 100
        Car-Dependent
        38 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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