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Map
Listed by: Spence Weigand, Virgil Adams Real Estate, Inc., 360-352-3756, Listing Courtesy of NWMLS
$500,000
●
Land -
For Sale
1200 Cherry Street SE
Olympia, WA 98501
Studio
0 Bath
$2,631
Estimated Monthly
1.92%
Cap Rate
About This Property
Opportunity time! This ideally located .34 acre site is zoned Urban
Residential and is sited so conveniently close to office buildings,
downtown, and the freeway in a high density job area. Urban
Residential requires no minimum/maximum unit/acre density
requirements. 55' height restriction. Would appear to provide 20-25
units on site.
Unit Size
-
Days on Market
240 days
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$175
HOA Dues
-
Year Built
1945
Listed By
Last updated: 3 months ago (NWMLS #NWM2173038)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2024 | Relisted | $500,000 | |
| Relisted | |||
| Apr 1, 2024 | No longer available | - | |
| No longer available | |||
| Oct 19, 2023 | Listed by Virgil Adams Real Estate, Inc. | $500,000 | |
| Listed by Virgil Adams Real Estate, Inc. | |||
| Feb 23, 2016 | Sold to Ninamaria K Fuller, Ralph S... | $169,719 | |
| Sold to Ninamaria K Fuller, Ralph S... | |||
Property Highlights
With View
Exterior Details
Property Information
Style Code: 42 - Multi-Family
Property Type: Land
Property Sub Type: Land
Building Information
Structure Type: Multi Family
Building Area Units: Square Feet
Lot Information
Zoning Jurisdiction: City
Lot Features: Corner Lot, Curbs, Paved
Lot Size Acres: 0.3306
Lot Size Square Feet: 14400
Lot Size Dimensions: 120'x120'
Elevation Units: Feet
Land Information
Water Source: In Street
Financial Details
Tax Year: 2023
Tax Annual Amount: $2,105
Utilities Details
Water Source: In Street
Sewer : In Street
Location Details
Directions: When traveling South on I-5 / Take Exit 105 towards State Capitol / Merge onto 14 Ave SE / Take the first exit on Jefferson/ Turn right on 14th Ave SE / Turn right onto Cherry St SE
Other Details
Selling Agency Compensation: 3
On Market Date: 2023-10-19
Building Info
Overview
Building
Neighborhood
Zoning
Geography
1200 Cherry Street SE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$510,000
Jul 21, 2023
$510,000
Jan 10, 2024
$260/mo
House
3
Beds
2
Baths
-
$556,250
Mar 1, 2024
$556,250
Apr 5, 2024
$374/mo
House
3
Beds
1
Bath
-
$454,500
Jun 1, 2023
$454,500
Jul 11, 2023
$341/mo
About Downtown Olympia
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Listed by: Spence Weigand
Listed Office: Virgil Adams Real Estate, Inc. - Listing courtesy of NWMLS
Phone: 360-352-3756
Last Updated: 2024-04-10 18:03:27
Data Source: NWMLS, MLS# NWM2173038
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Virgil Adams Real Estate, Inc. - Listing courtesy of NWMLS
Phone: 360-352-3756
Last Updated: 2024-04-10 18:03:27
Data Source: NWMLS, MLS# NWM2173038
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by RH Advisors, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
