Listed by Yelm Windermere, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

0 Reo Rd Unit 1935539 Rainier, WA 98576

Estimated Value: $158,000

4.98 Acres
$31,727 Price per Acre
216,929 Sq Ft Lot

Last Sold December 02, 2022

Last sale price $155,000

Est. 2% increase in value since last sale

Current estimated payment $949/month

174 Days on Market

Highlights

  • Secluded Lot
  • Territorial View
  • No HOA

About This Lot

As of December 2022

Gopher Study Done - We Have None!! Ready for you to create your dream. Level usable cleared 5 acre parcel. No HOA dues and No CCR's to say what you can/cannot do. Buyer to verify access from public right of way on REO Rd. Approx. 2yrs of building moratorium remain but can be eliminated with payment to the county. Private location but still close to amenities and drive to JBLM. Great opportunity for the right person!

Last Agent to Sell the Property

Lida Cozzetti

Yelm Windermere License #47892 Listed on: 05/26/2022

Yelm Windermere

Last Buyer's Agent

Justin Lane

Van Dorm Realty, Inc License #20110300

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1935539

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $924

Lot Details

  • 4.98 Acre Lot
  • Secluded Lot
  • Level Lot
  • Zoning described as RRR1/5

Property Views

  • Territorial Views

Schools

  • Rainier Primary Sch Elementary School
  • Rainier Mid Middle School
  • Rainier Snr High School

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Rainier Acres Div 1 Condos
  • Rainier Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 70301500100

Property Details

Property Type

Land

Est. Annual Taxes

$924

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: RAINIER ACRES DIV 1
  • CalculatedSquareFootage: 0
  • Restrictions: Manufactured Homes OK,See Remarks
  • Special Features: None
  • Cumulative Days on Market: 1,148

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Secluded
  • Road Surface Type: Gravel
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Dirt,Gravel
  • RoadOnWhichSide: East

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Well Needed
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Rainier
  • High School: Rainier Snr High
  • Middle Or Junior School: Rainier Mid

Lot Info

  • Parcel Number: 70301500100
  • Topography: Level
  • Lot Size Acres: 4.98
  • Lot Size Sq Ft: 216929
  • Zoning Description: RRR1/5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 15

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 924

MLS Schools

  • Elementary School: Rainier Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Nov 29, 2022
Sold by
Romero Arthur and Romero Tammy
Bought by
Romero Tammy
Seller's Agent
Lida Cozzetti
Yelm Windermere
Buyer's Agent
Justin Lane
Van Dorm Realty, Inc
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Views
5
Current Estimated Value
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,000

Purchase Details

Closed on
Dec 28, 2020
Sold by
Abston Henricksen Land And Timber Co Inc
Bought by
Ruzicka Benjamin and Ruzicka Misty

Purchase Details

Closed on
Feb 26, 2019
Sold by
Lee James Whitney
Bought by
Abston Henricksen Land And Timber Compan

Purchase Details

Closed on
Apr 12, 2016
Sold by
James Leland P and James Cheryl S
Bought by
James Whitney Lee
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Romero Tammy -- Rainier Title
Romero Tammy -- Rainier Title
Ruzicka Benjamin $200,000 Chicago Title
Abston Henricksen Land And Timber Compan $320,000 First American Title
James Whitney Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abston Henricksen Land And Timber Co Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $155,000 -6.0% --
11/16/2022 11/16/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $164,900 -2.9% --
05/26/2022 05/26/22 For Sale $169,900 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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 $918 $161,500 $161,500 --
2023 $649 $114,400 $114,400 $0
2022 $915 $81,200 $81,200 $0
2021 $567 $101,100 $101,100 $0
2020 $914 $60,500 $60,500 $0
2019 $715 $90,300 $90,300 $0
2018 $796 $70,400 $70,400 $0
2017 $737 $66,550 $66,550 $0
2016 $841 $68,100 $68,100 $0
2014 -- $69,600 $69,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1935539

Northwest Multiple Listing Service (NWMLS)

APN: 70301500100