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1503 E Bay Dr; Olympia, WA Property Details

1503 E Bay Dr, Olympia, WA is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 1503 E Bay Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,112 square feet. The lot size of 1503 E Bay Dr is 5,000 square feet.

Off market
1503 E Bay Dr NE Olympia, WA 98506
$798,719 Listing Price
3 Beds
2 Baths
2,112 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1924
  • Purchase Price: $799,000
  • Est. Equity / %: $852,000 / 100%
  • Gross Yield: 4.075%
  • APN: 49302800300
  • Situs County: Thurston
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,112/SqFt
  • Lot: 5,000/SqFt
  • Gross: 2,440/SqFt
  • Garage: 280/SqFt
  • Living: 2,112/SqFt
  • Basement: 648/SqFt
  • Building: 2,392/SqFt
  • Ground: 1,050/SqFt
  • Basement Finished: 648/SqFt
  • Price Per Square Foot: $378.31

Legal Description

  • Description: GALLIHER L 3 B 28
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: VE / High Risk - Coastal
  • School District: Olympia School District
  • Lat / Lon: 47.05774 / -122.89389
  • Subdivision: Gallihers Addition To Olympia
  • Property Class: Residential
  • Zoning: R-6-12
  • County Use Code: 11

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3213
  • Bathroom Fixtures: 10
  • Cooling: None
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1503 E Bay Dr NE has no associated ownership info
1503 E Bay Dr NE has no associated ownership info.

Taxes

1503 E Bay Dr NE has 10 associated Taxes items

1503 E Bay Dr, Olympia, WA pays taxes in Thurston County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $831,400. The APN we've located for 1503 E Bay Dr is 49302800300.

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Taxes
  • Assessed Value:  $831,400
  • Assessed Year:  2025
  • Assessed County:  Thurston
  • APN:  49302800300
  • Assessed Land Value:  483000
  • Market Land Value:  483000
  • Tax Amount:  9685.71
  • Tax Year:  2024
  • Market Value:  831400
  • Market Year:  2025

Tax History

1503 E Bay Dr NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $831,400 Land Value $483,000 Improvement Value $348,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $975,900 Land Value $620,300 Improvement Value $355,600 Tax Amount $9,685.71 Change Rate +0.76068% Assessed CR Tax Rate +0.009925%
Year 2023 Assessed Value $682,000 Land Value $537,100 Improvement Value $144,900 Tax Amount $5,501.12 Change Rate -0.319965% Assessed CR Tax Rate +0.008066%
Year 2022 Assessed Value $551,500 Land Value $417,700 Improvement Value $133,800 Tax Amount $8,089.47 Change Rate -0.006448% Assessed CR Tax Rate +0.014668%
Year 2021 Assessed Value $677,500 Land Value $447,300 Improvement Value $230,200 Tax Amount $8,141.97 Change Rate +0.012319% Assessed CR Tax Rate +0.012018%
Year 2020 Assessed Value $631,100 Land Value $445,900 Improvement Value $185,200 Tax Amount $8,042.89 Change Rate +0.229317% Assessed CR Tax Rate +0.012744%
Year 2019 Assessed Value $608,200 Land Value $462,200 Improvement Value $146,000 Tax Amount $6,542.57 Change Rate -0.069263% Assessed CR Tax Rate +0.010757%
Year 2018 Assessed Value $522,100 Land Value $390,600 Improvement Value $131,500 Tax Amount $7,029.45 Change Rate +0.645806% Assessed CR Tax Rate +0.013464%
Year 2017 Assessed Value $341,900 Land Value $181,600 Improvement Value $160,300 Tax Amount $4,271.13 Change Rate Assessed CR Tax Rate +0.012492%
Year 2016 Assessed Value $341,400 Land Value $197,600 Improvement Value $143,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,955.23 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $316,350 Land Value $195,850 Improvement Value $120,500 Tax Amount Change Rate Assessed CR Tax Rate