9115 Old Highway 99 Southeast

Olympia, WA 98501

$2,300,000
Price
288,803 / 6.63
Lot Size / Acres

Description

6.63 Acres of Development Land located w/in the UGA of Tumwater. MFM Zoning permits all configurations of multi-family housing, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Property consists of cleared & treed areas w/ level topo & no wetlands. Water & Sewer are about 1300 ft away along Hwy 99, though there are...6.63 Acres of Development Land located w/in the UGA of Tumwater. MFM Zoning permits all configurations of multi-family housing, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Property consists of cleared & treed areas w/ level topo & no wetlands. Water & Sewer are about 1300 ft away along Hwy 99, though there are plans to run the lines to the intersection of Hwy 99 & 93rd Ave SE. At max density, this property could produce 99 units at $23.2K/unit. By incorporating the max affordable housing units, it could yield 133 units at $17.3K/unit. Priced at $7.96/SF
  1. Listed by Drew Staudt • Windermere Professional Prtnrs

Property Details for 9115 Old Highway 99 Southeast

Community Name
Olympia
School District
Tumwater
View
Territorial
Offers Review Date
10-03-2023
Entry Date
09-18-2023
Sewer
Available, In Street

Location

Listing Courtesy of Windermere Professional Prtnrs
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LISTING UPDATED: 02/15/2024 11:58 AM

Property Details for 9115 Old Highway 99 Southeast

StatusActive
MLS #2159407
Days on Market224
Cumulative Days on Market184
Taxes$2,157 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size6.63 AC
CountyThurston County

Location

Listing Courtesy of Windermere Professional Prtnrs
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Building Information for 9115 Old Highway 99 Southeast

Lot Size6.63 AC

Payment Calculator

$12,732 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9115 Old Highway 99 Southeast

Summary
Location and General Information
  • Style: 41 - Res-Over 1 Acre
  • Area: 443 - Tumwater
  • Elementary School: East Olympia Elem
  • Middle Or Junior School: George Wash Bush Mid
  • High School: Tumwater High
  • Directions: South on Old Hwy 99 to property on the right-hand side at the address (3 driveway options). Alternatively, east on 93rd Ave SE to the driveway on the left-hand side.
  • Property Sub Type: VACL
  • Road Information: County Maintained,Paved
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Property Features: Garden/Fruit Trees,Lightly Treed,Partially Cleared,Pasture Land
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: In Street
  • Septic Design Installed: true
  • Water Source: Available, In Street, Private Well
  • Utilities: Natural Gas Available, Electricity Connected, Septic Design Installed
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: See Remarks
  • Zoning Class: Residential
  • Water Jurisdiction: Private
  • Zoning Remarks: MFM
  • Restrictions: See Remarks
  • Lot Topography: Level
  • First Right Of Refusal: false
  • Improvements: Dwelling,Outbuilding(s)
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Road Responsibility: County
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 23
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 12713420400
  • Calculated Square Footage: 0
  • Structure Type: Unspecified
  • Road On Which Side: North & South
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 9115 Old Highway 99 Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9115 Old Highway 99 Southeast

Taxable ValueLand$216,800Additions$351,700Total$568,500
Tax Record2023$2,157 ($180 / month)
Home Facts
Beds4Baths1.8Total Finished SqFt1,782 SqFtAbove Ground SqFt1,782 SqFtStories1Lot Size288,803 SqFtStyleSingle Family ResidenceYear Built1969Year Renovated1990CountyTHURSTONAPN1271-34-20400Fireplace TypeHas Fireplace

Schools near 9115 Old Highway 99 Southeast

This home is within Tumwater School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
East Olympia Elementary School
PublicK to 5

George Washington Bush Middle School
Public6 to 8

Tumwater High School
Public9 to 12

New Market Vocational Skills Center
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9115 Old Highway 99 Southeast is a 6.63 ac of land for sale in Olympia, WA 98501. This property was listed for sale on September 18, 2023 by Windermere Professional Prtnrs, it's currently listed at $2,300,000. This listing's school district is Tumwater School District. Nearby schools include East Olympia Elementary School, George Washington Bush Middle School and Tumwater High School. 9115 Old Highway 99 Southeast is a 0-bed, 0-bath, 6.63 ac of land on a 288,803 sq. ft. / 6.63 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Professional Prtnrs

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.