120 Water Street Northwest, Olympia, WA 98501

Downtown Olympia, Thurston
Building in Downtown Olympia
5 Stories
Built in 2022
Nearby Active Listings
Welcome to 120 Water Street Northwest, a building located in Downtown Olympia, Thurston in Olympia, WA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2022. Finally, 120 Water Street Northwest was most recently sold on Aug 29, 2018 for $999,719. The market value for the land that the building sits on has been listed at $494,200. In addition, improvements upon the building have an added value of $7,682,200. In total, the total market value of the property as a whole is $8,176,400. According to local assessors, the total value of the building is currently valued at $8,176,400. Specifically, the value of the land that the property sits on has been assessed at $494,200. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
2022
Effective Year Built
2022
Building Count
1
Bedroom Count
0
Building Condition
Average
Building Quality
C
Construction Type
Wood
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
5
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
SYLVESTER TOWN OF OLYMPIA
Land Acres
0.521
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
Road (right-of-way)
Legal Description 1
SECTION 14 TOWNSHIP 18 RANGE 2W QUARTER NW SW BLA203398OL TR A DOCUMENT 4811053
Ownership
Current Owner
URBAN OLYMPIA 9 LLC
Current Owner's Name
URBAN OLYMPIA 9 LLC
Previous Owner
320 TH 4TH AVE WEST LLC
Previous Owner's Name
T & L LTD LIABILITY CO
Owner Address - City
OLYMPIA
Owner Address - State
WA
Owner Address - ZIP Code
98507
Owner Before Previous Owner
SCHENKAR DAVID L
Owner Before Previous Owner 2
SCHENKAR SANDRA F
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Olympia School District
School Tax School District
OLYMPIA
Census Tract
010100
Census Block Code
1007
Census Group
1
Census Year
2022
Census - Combined Statistical Area - Area Code
500
Census - Combined Statistical Area - Area Name
Seattle-Tacoma, WA
Census - County FIPS
53067
Census - Full FIPS
530670101001007
Census - Metro Micro Statistical Area - Area Code
36500
Census - Metro Micro Statistical Area - Area Name
Olympia-Lacey-Tumwater, WA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
5351300
Census Source
US Census Bureau
Census State FIPS
53
Census Tract Code
010100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
5306180
School District - Unified - Name
Olympia School District
Zoning
Zoning
UWH
Geography
Subdivision Tract Number
A
Parcel
78507300100
Lot Code
unknown
Meridian
SEC 14 TWN 18 RNG 02
Municipality
CITY OF OLYMPIA
Latitude
47.0454
Longitude
-122.904
FIPS
53067
Mailing Carrier Code
B043
Mailing Full Street Address
PO BOX 7534
Mailing Street
PO BOX 7534
Mailing 4-Digit Zip Code
7534
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2023-06-15 19:44:12
UCID Flag
C
More About The Building
In total, the building area is listed as 17,939 square feet. The building itself has 17,939 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 120 Water Street Northwest is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Olympia area have a median price of $1,650. Those in the 25th percentile, have a price around $1,600. While those in the 75th percentile, have a price around $1,700. Typically, the buildings in this area have a median sqft of 683. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There is currently a single advertised two bedroom listing.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
120 Water Street Northwest is located in 98501. There are 41,415 people living here. There are 16,957 households. Most of these households have an average family size of 2.99 people. According to the census, 42% are currently renting while 58% own their homes. The median age of this population is around 39.9 years old. On average, most folks in the zipcode are unmarried. About 9% of folks speak a language other than English in this area. The area's employment rate is currently around 58.7%. Speaking of employment, the median income is $67,060. Most folks will commute by car for around 19.8 minutes. Finally, we know that 16% of residents in the area have graduated with their high school degree. Additionally, 25% and 18% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Thurston County, Washington has a population of 266,311 people. Based on census records, there are 103,468 registered households. Families in this area are on average made up of 3.04 people per household. Most folks are married. They are also typically around 38.8 years old. Does diversity matter to you? Right now, 11% of folks speak a language other than English here. About 36% rent while 64% purchased their homes. Right now, the community is made up of 23% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 13% have a Master's degree. The employment rate is currently around 56%. Those employed, have a median income of $62,854. If you move here, you can expect to commute mostly by car for around 24.8 minutes.

Finally, let's take a look at the stats related to Olympia - Lacey, WA Urban Area. The urban area is home to 185,388 people. A total of 74,514 households are registered here. With average family sizes being listed at 2.99 people. About 20% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 15% have their Master's degree. Folks speaking a language other than English, make up about 13% of the population. Speaking of your commute, 56.2% of people in this area are employed. The recorded median income is currently at $62,191 per year. The median population age has been listed at 38.3 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 42% of the population while homeowners are at about 58% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
12
42
Columbia St at State Ave (Under 500 ft - 3 min walk)
Intercity Transit
48
47
41
45
4th Ave at Water St (Under 500 ft - 3 min walk)
Intercity Transit
48
47
41
45
State Ave at Columbia St (Under 500 ft - 3 min walk)
Intercity Transit
12
42
Columbia St at State Ave (Under 500 ft - 3 min walk)
Intercity Transit
48
47
41
45
4th Ave at Simmons St (620 ft - 3 min walk)
Intercity Transit

Nearby Schools

(within attendance boundary)
Lincoln Elementary School  •  1.08 mi
213 21st Ave Se, Olympia, WA 98501
Public  •  Elementary  •  Grades KG to 5
Olympia School District
Washington Middle School  •  2.44 mi
3100 Cain Rd Se, Olympia, WA 98501
Public  •  Middle School  •  Grades 6 to 8
Olympia School District
Olympia High School  •  2.28 mi
1302 North St Se, Olympia, WA 98501
Public  •  High School  •  Grades 9 to 12
Olympia School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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