Rambler style home on 6.53 acres zoned General Commercial near Martin & I-5. Close to hospital & medical offices great place for assisted living facility, rehabilitation, physical therapy, or other possible businesses. Existing 3 bedroom 1.75 bath house has a large living/dining room, 700 sq ft unfinished basement, 2 car garage, RV carport, potting shed, garden and fruit trees. Use as a rental or office space while you design your project!
Sold for $12,476,000
$12,476,000
501 Franz Anderson Rd SE, Olympia, WA 98501
3beds
1baths
1,492sqft
SingleFamily
Built in 1915
6.53 Acres Lot
$-- Zestimate®
$8,362/sqft
$2,355 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,355/mo
Zestimate® history
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$2,355/mo
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$75,709/mo
Est. payment
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Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1.75
Heating
- Forced air, Electric
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,492 sqft
Property
Parking
- Parking features: Carport, Garage - Attached
Features
- Exterior features: Wood
- Has view: Yes
- View description: Territorial, City
Lot
- Size: 6.53 Acres
Details
- Parcel number: 41700400000
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Other
- Roof: Composition
Condition
- Year built: 1915
Community & neighborhood
Location
- Region: Olympia
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Sold | $12,476,000+4527.3%$8,362/sqft |
Source: Public Record Report a problem | ||
| 3/10/2017 | Sold | $269,619-0.1%$181/sqft |
Source: NWMLS as distributed by MLS GRID #1060089 Report a problem | ||
| 1/6/2017 | Pending sale | $269,900$181/sqft |
Source: John L Scott Real Estate #1060089 Report a problem | ||
| 12/15/2016 | Listed for sale | $269,900$181/sqft |
Source: John L Scott Real Estate #1060089 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $103,884 -1.1% | $9,820,700 -9% |
| 2023 | $105,005 -19.5% | $10,790,300 -18.6% |
| 2022 | $130,386 +91.4% | $13,259,600 +134.3% |
Find assessor info on the county website
Neighborhood: 98501
Nearby schools
GreatSchools rating
- 5/10Mountain View Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Chinook Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10North Thurston High SchoolGrades: 9-12Distance: 0.9 mi
- Washington
- Thurston County
- Olympia
- 98501
- 501 Franz Anderson Rd SE