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302 West Olympic Place

302 West Olympic Place, Seattle, WA 98119
Property in Lower Queen Anne
Sold Feb 09, 2015
$700,000
$560,000 by Skagit Bank
Mortgage
302 West Olympic Place has been categorized by the local assessors in Seattle, WA as a residential type of property. The building on the property was first built in 1907 and is 117 years old. The home has a total of 6 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 302 West Olympic Place has 2,790 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,550 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 410 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Feb 2, 2015 for $700,000. That's $180.41 per sqft. 302 West Olympic Place was last assessed in 2023. The total value of the property was assessed at $1,481,000. Specifically, the land the property is located on was valued at $985,000. While improvements on the property were assessed at a total of $496,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $14,190. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Triplex
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,090
  • Garage Type: Detached
  • Garage Square Area: 410
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,550
  • Total Building Area: 3,880
  • Gross Building Area: 3,880
  • Building Area: 2,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,790
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KINNEARS G ADD SUPL BLK 20
  • Land Acres: 0.105
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: KINNEARS G ADD SUPL BLK 20 E 45.5 FT

Ownership

  • Current Owner : NELSON MICHAEL R
  • Current Owner 2: NELSON LAURA J
  • Previous Owner : STONE JOAN E

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 007001

Zoning

  • Zoning: LR3 (M)

Geography

  • Account Number: 388090024505
  • District: SEATTLE
  • Parcel: 388090-0245
  • Block: B
  • Lot: 5-6
  • Meridian: SEC 25 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.627
  • Longitude: -122.361

    Address

  • Full Address: 302 W Olympic Pl
  • Address - House Number: 302
  • Street Direction: W
  • Address - Street Name: Olympic
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Seattle
  • Carrier Code: C011
  • 4-Digit Zip Code: 4091
  • Zip Code: 98119

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $14,190
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,564,745
  • High Value: 1,810,907
  • Low Value: 1,318,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: SKAGIT BANK
  • First Open Lien Mortgage Recording Date: Feb 09, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,481,000
  • Market Land Value: $985,000
  • Market Improvement Value: $496,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,481,000
  • Assessed Land Value: $985,000
  • Assessed Improvements Value: $496,000

    Sales

  • Current Sale Contract Date: Feb 02, 2015
  • Current Sale Recording Date: Feb 09, 2015
  • Current Sale Transaction ID: 1009061137
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20150209001239

    Last Sale Mortgage

  • First Mortgage Lender: SKAGIT BANK
  • First Mortgage Transaction Date: Feb 09, 2015
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 302 West Olympic Place located in?
The 302 West Olympic Place is a located in the neighborhood of Lower Queen Anne in Magnolia - Queen Anne, Seattle.
What is the average sales price for listings in 302 West Olympic Place?
The average sales price for units in 302 West Olympic Place is $0 currently.

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