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.
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
- 1531 days |
- 16 |
- 0 |
Zillow last checked:
Listing updated:
Offers reviewed: Feb 14
Listed by:
Polly Barber,
Virgil Adams Real Estate, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 1885029
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: 362 days
- Listing terms: 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 |
Find assessor info on the county website
Monthly payment
Est. payment
$10,058/mo
Principal & interest
$8843
Property taxes
$1215
More affordability tools
Climate risks
Neighborhood: 98503
Nearby schools
GreatSchools rating
- 6/10Evergreen Forest Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Nisqually Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10River Ridge High SchoolGrades: 9-12Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Thurston County
- Lacey
- 98503
- 2602 Marvin Road SE
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