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501 Central Street Southeast

501 Central Street Southeast, Olympia, WA 98501
Property in Eastside
Sold Nov 07, 2023
$605,000
Sold Jun 26, 2015
$298,719
$224,250 by Homestreet Bank
Mortgage Due Jul 01, 2045
501 Central Street Southeast in Olympia, WA was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 501 Central Street Southeast has 1,987 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,400 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of concrete. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 350 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 30, 2023 for $605,000. That's $202.54 per sqft. Prior to that sales transaction, the property was also sold in Jun 26, 2015 for $298,719. 501 Central Street Southeast was last assessed in 2023. The total value of the property was assessed at $595,400. Specifically, the land the property is located on was valued at $114,600. While improvements on the property were assessed at a total of $480,800. 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 $5,919. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1924
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 650
  • Garage Type: Attached
  • Garage Square Area: 350
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,400
  • Total Building Area: 2,987
  • Gross Building Area: 3,035
  • Building Area: 1,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,987
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBINSONS JW SUBDIVISION
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: ROBINSON L 9 & 10 B 2 N 1/2

Ownership

  • Current Owner : FINKLE SARA GOULD
  • Current Owner 2: FINKLE FRANK BRYCE
  • Previous Owner : HENNEN TONYA M
  • Previous Owner 2: HENNEN WILLIAM A
  • Owner Before Previous Owner: ACKER MARTIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-4-8

Geography

  • Parcel: 71000200900
  • Block: 2
  • Lot: 9,10
  • Meridian: SEC 13 TWN 18 RNG 02
  • Municipality: CITY OF OLYMPIA
  • Latitude: 47.045
  • Longitude: -122.882

    Address

  • Full Address: 501 Central St Se
  • Address - House Number: 501
  • Street Segment Direction: SE
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: WA
  • City Name: Olympia
  • Carrier Code: C010
  • 4-Digit Zip Code: 1710
  • Zip Code: 98501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,919
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.0658
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 96
  • Final Value: 558,831
  • High Value: 595,638
  • Low Value: 522,024

    Market Valuation

  • Market Total Value: $595,400
  • Market Land Value: $114,600
  • Market Improvement Value: $480,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $595,400
  • Assessed Land Value: $114,600
  • Assessed Improvements Value: $480,800

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Transaction ID: 11915624054
  • Current Sale Price: $605,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4996687
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Contract Date: Jun 26, 2015
  • Previous Sale Amount: $298,719
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTREET BANK
  • Previous Mortgage Transaction Date: Jun 26, 2015
  • Previous Mortgage Loan Amount: $224,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Eastside



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Unit for rent at 120 Water St. Nw, Olympia, WA, 98501

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120 Water St. Nw #120 Water St. NW #503, Olympia, WA, 98501 Listing by Manager

Frequently Asked Questions

What neighborhood is 501 Central Street Southeast located in?
The 501 Central Street Southeast is a located in the neighborhood of Eastside in Eastside, Olympia.
What is the average sales price for listings in 501 Central Street Southeast?
The average sales price for units in 501 Central Street Southeast is $0 currently.

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