NOT LISTED FOR SALE

215 Columbia St NW Olympia, WA 98501

Downtown Olympia Neighborhood
1 Bed
1 Bath
592 Sq Ft
0.6 Acres

About This Home

The Lurana
215 Columbia ST NW
Olympia WA 98501
Amenities for these fantastic studio – one bedroom – two bedroom apartments:
•Exceptional views of Capital Lake and Bud Inlet
•Parking (limited)
•Air-conditioning
•Washer & Dryer
•Wood flooring laminate
•Kitchen island options
•Large windows in every unit
•Balcony options on select units
•No smoking
•12 month lease required
•Application fee: $50.00 (non refundable)
•Refundable Security Deposit: 1 month's rent. (25% of this amount is first charged as a holding deposit, with remaining 75% due at move-in)
•Pet Friendly with refundable deposit: 25% of 1 month's rent.
•Tenants pay water/sewer/garbage $120 (monthly)
•Parking: $90.00 onsite, or (through the city of Olympia)

This is truly the first apartment building on the waterfront of Olympia in years.
Call for a showing at 360: 742 4877 Urban Management Co LLC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Drebick Investments Llc
Bought by
Urban Olympia 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,842,928
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2015
Sold by
B & B Shaub Llc
Bought by
Drebick Investments Llc

Purchase Details

Closed on
Oct 14, 2014
Sold by
Equi Shaub Scott A
Bought by
B & B Shaub Llc

Purchase Details

Closed on
Jul 18, 2014
Sold by
Shaub Scott A
Bought by
B & B Shaub Llc

Purchase Details

Closed on
Oct 14, 2004
Sold by
Shaub David C and Shaub Russell E
Bought by
Shaub Betty C

Purchase Details

Closed on
Sep 23, 2002
Sold by
Shaub Russell E and Shaub Thyes J
Bought by
Shaub Russell E and Shaub Thyes J

Purchase Details

Closed on
Jan 5, 2001
Sold by
Shaub David Carlson
Bought by
Shaub Sheri Lynn

Purchase Details

Closed on
Dec 28, 2000
Sold by
Shaub Sanford and Shaub Doreen
Bought by
Sandra Llc and Roann Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Urban Olympia 5 Llc $1,899,719 Thurston County Title
Drebick Investments Llc $1,299,719 Thurston County Title
B & B Shaub Llc -- None Available
B & B Shaub Llc -- None Available
Shaub Betty C -- --
Shaub Russell E -- --
Shaub Russell E -- --
Shaub Sheri Lynn -- --
Sandra Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urban Olympia 5 Llc $9,260,000
Closed Urban Olympia 5 Llc $1,842,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2025 03/23/25 Off Market $1,300 -- --
02/25/2025 02/25/25 Price Changed $1,300 +8.8% $3 / Sq Ft
11/30/2024 11/30/24 For Rent $1,195 0.0% --
05/28/2024 05/28/24 Price Changed $1,195 -4.4% $3 / Sq Ft
04/18/2024 04/18/24 Price Changed $1,250 -3.8% $3 / Sq Ft
04/03/2024 04/03/24 Price Changed $1,300 +4.0% $3 / Sq Ft
02/21/2024 02/21/24 Price Changed $1,250 0.0% $3 / Sq Ft
02/21/2024 02/21/24 For Rent $1,250 -10.7% --
02/25/2023 02/25/23 Price Changed $1,400 +5.7% $3 / Sq Ft
11/17/2022 11/17/22 Price Changed $1,325 +12.8% $3 / Sq Ft
11/14/2022 11/14/22 For Rent $1,175 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $38,668 $10,691,500 $1,927,600 $8,763,900
2023 $38,668 $10,616,800 $1,757,900 $8,858,900
2022 $43,165 $12,257,000 $1,600,900 $10,656,100
2021 $25,816 $8,207,000 $2,006,100 $6,200,900
2020 $42,930 $5,718,600 $1,192,700 $4,525,900
2019 $10,099 $3,249,400 $1,015,600 $2,233,800
2018 $14,461 $1,074,400 $911,400 $163,000
2017 $12,774 $1,024,050 $837,850 $186,200
2016 $11,482 $943,950 $786,650 $157,300
2014 -- $919,650 $742,550 $177,100
Source: Public Records

Map

Washington Thurston County Olympia 98501 Downtown Olympia

215 Columbia St NW, Olympia, WA

Homes for Sale in Olympia, WA

This home is located at 215 Columbia St NW, Olympia, WA 98501. 215 Columbia St NW is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington Middle School, and Avanti High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.