Great Olympia West Side investment opportunity, 2 fully occupied duplexes on a secluded lot in the Bay Hill. Each of the 4 townhome-style units feature lots of windows & light, laminate wd flrs, ktchns w quartz cnter tops, SS appliances & territorial views. Convenient location in a quiet neighbrhd close to shopping, schls, freeway access & downtown Olympia. These large, nicely maintained duplexes were built in 2014 & are well positioned for new ownership. Each unit offers 1,467 sq ft w lots of windows & includes 3 bedrms & 2.5 baths, fenced backyard & patio, 1 oversized single-car garage & lots of parking. Please DO NOT CONTACT TENANTS. These are clean, well-maintained units in a great location & a fantastic asset to add to your portfolio!
Sold
Listed by: Coldwell Banker Evergreen • Bob Jorgenson
Bought with: ShopProp Inc.
$1,330,000
515 Fire Willow Street NW, Olympia, WA 98502
--beds
--baths
5,870sqft
Quadruplex, Multi Family
Built in 2014
-- sqft lot
$1,315,900 Zestimate®
$227/sqft
$2,793 Estimated rent
Home value
$1,315,900
$1.24M - $1.39M
$2,793/mo
Zestimate® history
Owner options
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$2,793/mo
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$2,793/mo
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$8,451/mo
Est. payment
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$8,451/mo
Est. payment
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List your homeWhat's special
Secluded lotTerritorial viewsDowntown olympiaClose to shoppingWell - maintained unitsSs appliancesFreeway access
Zillow last checked:
Listing updated:
Listed by:
Bob Jorgenson,
Coldwell Banker Evergreen
Bought with:
Robert Luecke, 18615
ShopProp Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2215586
Facts & features
Interior
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Forced Air
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 5,870
- Total interior livable area: 5,870 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Covered spaces: 1
- Uncovered spaces: 1
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,863 Square Feet
- Features: Adjacent to Public Land, Curbs, Paved, Sidewalk, Cable TV, Fenced-Partially, High Speed Internet, Patio
Details
- Parcel number: 33560013600
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Cement Planked
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Very Good
- Year built: 2014
- Major remodel year: 2014
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Olympia
- Water: Public, Company: City of Olympia
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Olympia
HOA
- HOA fee: $302 annually
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $1,549,000
- Annual tax amount: $13,454
- Date on market: 5/20/2024
- Cumulative days on market: 793 days
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $1,330,000-1.5%$227/sqft |
Source:  NWMLS as distributed by MLS GRID #2215586 Report a problem | ||
| 4/8/2024 | Pending sale | $1,350,000$230/sqft |
Source: NWMLS as distributed by MLS GRID #2215586 Report a problem | ||
| 4/4/2024 | Listed for sale | $1,350,000+67.7%$230/sqft |
Source: NWMLS as distributed by MLS GRID #2215586 Report a problem | ||
| 4/28/2017 | Sold | $805,000-2.8%$137/sqft |
Source: NWMLS as distributed by MLS GRID #929794 Report a problem | ||
| 2/18/2017 | Pending sale | $828,000$141/sqft |
Source: Greene Realty Group #929794 Report a problem | ||
| 2/7/2017 | Listed for sale | $828,000$141/sqft |
Source: Greene Realty Group #929794 Report a problem | ||
| 2/2/2017 | Pending sale | $828,000$141/sqft |
Source: Greene Realty Group #929794 Report a problem | ||
| 4/23/2016 | Listed for sale | $828,000$141/sqft |
Source: Greene Realty Group #929794 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $16,216 +20.5% | $1,549,000 +20.3% |
| 2023 | $13,454 +4% | $1,287,700 -0.8% |
| 2022 | $12,940 +18.4% | $1,298,500 +41.8% |
| 2021 | $10,929 +12.3% | $915,600 +21.3% |
| 2020 | $9,735 +42.8% | $754,700 -2.9% |
| 2019 | $6,819 -26.3% | $777,600 +40% |
| 2018 | $9,246 +182.3% | $555,300 -15.6% |
| 2017 | $3,275 | $657,550 +26.3% |
| 2016 | $3,275 | $520,500 +98.8% |
| 2014 | $3,275 | $261,800 |
Find assessor info on the county website
Neighborhood: 98502
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Nearby schools
GreatSchools rating
- 4/10McLane Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10Capital High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Mclane Elem
- Middle: Marshall Middle
- High: Capital 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
$1,315,900
Get a cash offer in 3 minutes
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Estimated market value
$1,315,900
- Washington
- Thurston County
- Olympia
- 98502
- 515 Fire Willow Street NW
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