by RH Advisors

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Olympia 98506
1220 4th Avenue E
Listed by: Ryan Reynolds, WEICHERT, Realtors Reynolds RE, 360-412-6731, Listing Courtesy of NWMLS
$650,000
House - In Contract

1220 4th Avenue E

Olympia, WA 98506
bedrooms
5 Beds
bathrooms
1 Bath
$3,611
Estimated Monthly
6.61%
Cap Rate

About This Property

This 1930's home is both versatile as it is enchanting.  Primed for residential or single purpose commercial or multi story mixed use offices-the possibilities are endless.  Natural light flows thru custom energy efficient windows in front room w art deco fireplace and wood floors. 3 rooms on the main floor w/ 3 upstairs.  The lovely landing at the top of the stairs greets you with gorgeous wood banister and abundant natural light. Basement provides laundry area, dry space for storage, or finish for ?? Immerse yourself in the vibrant essence of Olympia living.  Public transportation, 4 min to Olympia's Farmers market and walking distance to nearby amenities.  7 min to St Peter's. There is much to love about this gracious home
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1930

Listed By

Ryan Reynolds
WEICHERT, Realtors Reynolds RE
Christy Reynolds
WEICHERT, Realtors Reynolds RE
Last updated: 28 days ago (NWMLS #NWM2203034)

Price History

Date / Event Date Event Price
Jun 3, 2024 In contract -
In contract
May 2, 2024 Relisted $650,000
Relisted
May 2, 2024 No longer available -
No longer available
Feb 26, 2024 Listed by WEICHERT, Realtors Reynolds RE $650,000
Listed by WEICHERT, Realtors Reynolds RE
This 1930's home is both versatile as it is enchanting. Primed for residential or single purpose commercial or multi story mixed use offices-the possibilities are endless. Natural light flows thru custom energy efficient windows in front room w art deco fireplace and wood floors. 3 rooms on the main floor w/ 3 upstairs. The lovely landing at the top of the stairs greets you with gorgeous wood banister and abundant natural light. Basement provides laundry area, dry space for storage, or…
Jul 15, 2022 Sold to Jacob Storm Deatherage, Kar... $562,219
Sold to Jacob Storm Deatherage, Kar...
Show More

Property Highlights

Parking Available
Garage
Fireplace
Parking Details
Has Garage
Covered Spaces: 1
Total Number of Parking: 1
Attached Garage
Parking Features: Driveway, Attached Garage, Off Street
Garage Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 1
Bathtubs: 1
Showers: 1

Interior Information

Interior Features: Hardwood, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
Appliances: Stove(s)/Range(s)
Flooring Type: Hardwood

Fireplace Information

Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1

Basement Information

Basement: Partially Finished

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,238
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,460
  • Total Building Area: 3,348
  • Gross Building Area: 2,110
  • Building Area: 2,110
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PATTISON JR ADDITION
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 14 TOWNSHIP 18 RANGE 2W PLAT PATTISON J R ADDITION LOTS 2 & 3 BLK 5 LESS E 48F LOT 2 3/120

Ownership

  • Current Owner : DEATHERAGE JACOB STORM
  • Current Owner 2: ONEILL KAREN ADAIRE
  • Previous Owner : JSQUARE LLC
  • Owner Before Previous Owner: JOHNSON DANIEL A
  • Owner Before Previous Owner 2: FARR PAMELA L
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Olympia School District
  • Census Tract: 010300

Zoning

  • Zoning: HDC-1

Geography

  • Parcel: 68200500200
  • Block: 5
  • Lot: 2,3
  • Municipality: CITY OF OLYMPIA
  • Latitude: 47.0462
  • Longitude: -122.886

    Address

  • Full Address: 1220 4th Ave E
  • Address - House Number: 1220
  • Street Segment Direction: E
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Olympia
  • Carrier Code: C067
  • 4-Digit Zip Code: 4212
  • Zip Code: 98506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,030
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 606,574
  • High Value: 696,920
  • Low Value: 516,227

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 15, 2022
  • First Open Lien Mortgage Loan Amount: $112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $448,200
  • Market Land Value: $114,300
  • Market Improvement Value: $333,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,200
  • Assessed Land Value: $114,300
  • Assessed Improvements Value: $333,900

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Transaction ID: 11892100017
  • Current Sale Price: $562,219
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4941604
  • Previous Sale Recording Date: Oct 23, 2002
  • Previous Sale Contract Date: Oct 18, 2002
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: Jul 15, 2022
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE SVGS BANK
  • Previous Mortgage Transaction Date: Oct 23, 2002
  • Previous Mortgage Loan Amount: $182,277
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$600,000 Jan 18, 2024
$600,000 Feb 16, 2024
$488/mo
House
2 Beds
2 Baths
-
$588,000 Apr 9, 2024
$588,000 May 1, 2024
$335/mo
House
3 Beds
2 Baths
-
$613,000 Nov 29, 2023
$613,000 Feb 28, 2024
$471/mo
House
3 Beds
2 Baths
-
$548,600 Feb 21, 2024
$548,600 Mar 20, 2024
$359/mo
House
3 Beds
2 Baths
-
$515,000 Dec 1, 2023
$515,000 Jan 12, 2024
$343/mo
Multifamily
Stu
-
-
$510,000 Jul 21, 2023
$510,000 Jan 10, 2024
$260/mo
House
4 Beds
2 Baths
-
$649,900 Apr 3, 2024
-
$417/mo
House
3 Beds
2 Baths
-
$699,900 Apr 18, 2024
-
$477/mo
Multifamily
Stu
-
-
$650,000 Mar 27, 2024
-
$361/mo
Multifamily
Stu
-
-
$690,000 Mar 27, 2024
-
$414/mo
Multifamily
Stu
-
-
$529,000 Apr 24, 2024
-
$325/mo

About Olympia


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Nearby Rentals



Frequently Asked Questions

When was property at 1220 4th Avenue East built and last sold?
The property at 1220 4th Avenue East was built in 1930 and last sold on Jul 11, 2022 for $562,219.
How much is this home worth?
The estimated value of the home located at 1220 4th Avenue East is $656,500.
What are some comparable homes to 1220 4th Avenue East?
Homes that are comparable to 1220 4th Avenue East include a house property at 710 Puget Street Northeast, a multifamily property at 1315 10th Avenue Southeast, a house property at 1630 Central Street Northeast.

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