Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in opportunity zone with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.
This property is $2.1M more than the Median Sold Price and $41/SqFt more than other homes in Olympia, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2314484
Listing Office:
Office Name: Better Properties N. Proctor
Office Phone: (253) 761-8888
Listing Agent: Josh J. Carlson
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
McKenny Elementary School
3250 Morse Merryman Rd SE
Distance between this listing and this school1.17 miles
Public District Grades PK-5
5
/10
Mountain View Elementary School
1900 College St SE
Distance between this listing and this school1.18 miles
Public District Grades PK-5
6
/10
Pioneer Elementary School
1655 Carlyon Ave SE
Distance between this listing and this school1.88 miles
Public District Grades PK-5
Nearby Schools
7
/10
Washington Middle School
3100 Cain Rd SE
Distance between this listing and this school1.41 miles
Public District Grades 6-8
4
/10
Chinook Middle School
4301 6th Ave NE
Distance between this listing and this school1.58 miles
Public District Grades 6-8
4
/10
Komachin Middle School
3650 College St SE
Distance between this listing and this school1.74 miles
Public District Grades 6-8
Nearby Schools
6
/10
Olympia Regional Learning Academy
2400 15th Ave SE
Distance between this listing and this school1.04 miles
Public District Grades KG-12
7
/10
North Thurston High School
600 Sleater Kinney Rd NE
Distance between this listing and this school1.38 miles
Public District Grades 9-12
3
/10
Envision Career Academy
411 College St NE
Distance between this listing and this school1.57 miles
The neighbors living near this home have an average income of $34,354. The majority of Olympia, WA residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Olympia, WA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Olympia, WA?
Olympia's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and classic Pacific Northwest architectural styles. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Olympia is robust, with a majority of residents owning their homes, while a substantial portion opts for renting, indicating a balanced housing ecosystem.
Is Olympia, WA a good place to live?
Olympia is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on its array of local festivals, including the well-known Olympia Arts Walk and the Wooden Boat Festival, which embody the city's creative spirit and maritime heritage. The downtown area, with its eclectic mix of shops and cafes, serves as a hub for both residents and visitors, fostering a sense of community and local pride.
Are things conveniently located in Olympia, WA?
The community benefits from a solid educational system, with numerous public and private schools catering to a range of educational needs, from elementary to higher education, including The Evergreen State College. Olympia's healthcare network includes several hospitals and clinics, offering services from primary care to specialized medical treatments. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options abound, with an emphasis on local businesses that reflect the city's culture and values.
What does the transportation in Olympia, WA look like?
Olympia's transportation infrastructure supports a variety of transit options, with a focus on sustainability and accessibility. The city's public transit system provides regular bus services, connecting neighborhoods to the downtown core and beyond. The area is also conducive to walking and cycling, with numerous trails and bike lanes. Major roadways facilitate travel in and out of the city, and ongoing investments in transportation aim to enhance the efficiency and convenience of moving around Olympia.
Frequently Asked Questions About 1512 Fones Rd SE
What is the listing price of this property?
The listing price of 1512 Fones Rd SE property is $2,750,000.
What type of property is this?
The property 1512 Fones Rd SE is a house located in Olympia, Washington, 98501.
Is this property for sale now?
Active Listing: 1512 Fones Rd SE is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,266 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 29, 2020 for $1,454,719. (source: MLS/tax record).
What is the square footage of this property?
The property 1512 Fones Rd SE is 8,169 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1512 Fones Rd SE is 1963.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1512 Fones Rd SE in Olympia, WA and zip code 98501. This 8,169 square foot home, which was built in 1963, sits on a 1.34 acre lot. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $2,750,000.
While more than 29 listings in Olympia, WA in November 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 54 were sold below. The inventory of homes for sale in Olympia, WA between October 2024 and November 2024 decreased by 10.7%. In November 2024 median list price was $550,533 and the average listing age was 47 days.
From Rocket Homes Real Estate and based on county public records data.