Pending

Listed by: Virgil Adams Real Estate, Inc.

$1,800,000

2602 Marvin Road SE, Olympia, WA 98503

--beds

--baths

5.98Acres

Est.:

Unimproved Land

Built in ----

5.98 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Marvin rd seRecreational opportunitiesNew on the marketGrowth area of laceyHawks prairie areaRegional athletic center

New on the market, 5.99 (SHY 6) acres providing an excellent investment opportunity. There are a few structures on the property but the value is in the land. This listing consists of two parcels: Parcel #11826120104 (3.47 ac) and Parcel #11826120102 (2.52 ac). The property is zoned moderate density and is within the Urban Growth Area of Lacey. Property has Timber on it, which has been “Cruised” to establish a value. City Sewer and water on Marvin Rd SE. This property offers very quick access to I-5 with an abundance of shopping, dining and recreational opportunities (including the Regional Athletic Center (RAC) in the Hawks Prairie area.

1496 days

12

0

Facts & features

Interior

Features

Has fireplace: No

Interior area

Total structure area: 0

Property

Features

Has view: Yes
View description: Territorial

Lot

Size: 5.98 Acres
Features: Brush, Evergreens
Topography: Level

Details

Parcel number: 11826120104
Zoning description: Residential,Jurisdiction: County
Special conditions: Standard

Utilities & green energy

Electric: On Property
Gas: Not Available
Sewer: On Property, Septic Design Installed
Water: Shared Well
Utilities for property: Electricity Connected, Septic Design Installed

Community & HOA

Community

Subdivision: Olympia

Location

Region: Olympia

Financial & listing details

Tax assessed value: $456,700
Annual tax amount: $348
Offers reviewed: 02/14/2022
Date on market: 4/23/2025
Cumulative days on market: 454 days
Listing terms: Cash Out,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,306/mo

Price history

Date	Event	Price
4/5/2022	Pending sale	$1,800,000
Source: NWMLS as distributed by MLS GRID #1885029 Report a problem
2/8/2022	Listed for sale	$1,800,000
Source: NWMLS as distributed by MLS GRID #1885029 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$335	$456,700 +30.2%
2023	$335	$350,700 -15.2%
2022	$335	$413,400 +33.7%
2021	$335	$309,100 +3.6%
2020	$335	$298,400 +9.7%
2019	$335 +5.7%	$272,100 +2.3%
2018	$317 +12.9%	$265,900 +19.2%
2017	$280	$223,100 +2%
2016	$280	$218,800 +0.9%
2014	$280	$216,750
2002	--	--
2001	$47	$87,100
2000	$47	$87,100