new - 4 days on rocket

4015 16th Ln NE, Olympia, WA, 98506

$1,399,999

Home List Price

$10,000*

Closing Credit

0 Baths
5,742 SqFt
$244/SqFt
House

Location

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4015 16th Ln NE, Olympia$1,399,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1986
HeatingForced Air, Other
CoolingNone
ViewTerritorial
MLS #2316618
Lot Size2.00 Acres
StatusActive

About 4015 16th Ln NE

Investors, take note! This rare opportunity in the heart of Lacey, WA, boasts three duplexes on a sprawling 2-acre lot—a prime location with endless potential. Each unit offers a spacious 2-bedroom, 1-bath, 957 sqft rambler-style layout with an attached 1-car garage, ensuring tenant comfort and convenience. With long-term tenants already in place and significant upside rent potential, this property is a solid investment. Zoned R 4-8, the lot offers exciting development possibilities for future growth. The large yard, private patios, and ample driveway parking add to the propertys appeal. Dont miss your chance to own this versatile investment in a high-demand area! Estate Sale. F17 Exempt. Buyer To Verify All Information.

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 1
  • Living Area: 5,742 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (253) 848-5304
  • Listing Agent: Rebecca Del Pozo

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Vinyl, Carpet
  • Interior: Ceramic Tile, Wall to Wall Carpet

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Wood

Virtual/3D Tour

  • Virtual Tour: 4015 16th Ln NE
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Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Curbs, Dead End Street, Secluded, Sidewalk
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Other
  • Cooling: None

Other

Directions Information:

  • Directions: I-5 to Sleater Kinney N exit. Cross Martin Way on Sleater Kinney Rd and take a left on 16th Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,999
  • Price Per SqFt: $244/SqFt

Tax Information:

  • Annual Amount: $10,267
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Olympia, WA.

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Olympia, WA

City

Med. Sold Price

$550.5K

Med. Price/SqFt

$295

Avg. Days On Market

47

# of Sold Homes

130

4015 16th Ln NE vs Olympia

4 DAYS ON ROCKET

-43 Days

$1,399,999

+$849.4K More

$244/SqFt

-$52 Less

KEY TAKEAWAY

This property is $849.4K more than the Median Sold Price and $52/SqFt less than other homes in Olympia, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2316618

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (253) 848-5304
  • Listing Agent: Rebecca Del Pozo

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 22, 1993Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,267$780,400
2019$8,000$771,400
2018$7,801$679,600
2017$9,153$537,100

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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.

Nearby Schools

school-card-donut-4318391
5
/10

  • Pleasant Glade Elementary School

  • 1920 Abernethy Rd NE

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-4318392
5
/10

  • South Bay Elementary School

  • 3845 Sleater Kinney Rd NE

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-4318393
5
/10

  • Mountain View Elementary School

  • 1900 College St SE

  • 2.17 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,011. The majority of Olympia, WA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree 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.

Types of housing 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.

What is it like to live in Olympia, WA?

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.

Is it easy to get around Olympia, WA without a car?

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.

Transportation in Olympia, WA.

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 4015 16th Ln NE

What is the listing price of this property?

The listing price of 4015 16th Ln NE property is $1,399,999.

What type of property is this?

The property 4015 16th Ln NE is a house located in Olympia, Washington, 98506.

Is this property for sale now?

Active Listing: 4015 16th Ln NE 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 $10,267 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 22, 1993 for $260,000. (source: MLS/tax record).

What is the square footage of this property?

The property 4015 16th Ln NE is 5,742 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4015 16th Ln NE is 1986.

Rocket Homes›Washington›Thurston County›Olympia›98506›4015 16th Ln NE

This home is located at 4015 16th Ln NE in Olympia, WA and zip code 98506. This 5,742 square foot home, which was built in 1986, sits on a 2.00 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $1,399,999.

Olympia, WA housing market in November 2024 saw over 29 listings sold above listed price, more than 47 sold at listed price and over 54 sold below. The number of listings in Olympia, WA decreased by 10.7% between October 2024 and November 2024. 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.

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