Listed by Hawkins Poe, Bought with 5 Corners Realty LLC
NOT LISTED FOR SALE

0 SE Colvos Dr Unit 1627154 Olalla, WA 98359

Olalla Neighborhood

Estimated Value: $41,883 - $394,000

0.35 Acre
$622,691 Price per Acre
15,246 Sq Ft Lot

Last Sold August 18, 2020

Last sale price $30,000

Est. 626% increase in value since last sale

Current estimated payment $1,183/month

26 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Level Lot
  • Views of a Sound

About This Lot

As of August 2020

Tucked in the community of Olalla's Prospect Point is this delightful .35 acre level lot! Come see the potential here just waiting. Complete with Community well & paved private road. Just a short stretch to a private community picnic area, boat ramp, dock & sandy beach which is located along Colvos Passage!

Last Agent to Sell the Property

Melanie Hawkins

Hawkins Poe License #130974 Listed on: 07/14/2020

Hawkins Poe

Co-Listed By

Lori Jenkins

Hawkins Poe License #91557

Last Buyer's Agent

DYLAN SANSEN

5 Corners Realty LLC License #127136

5 Corners Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1627154

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $341

Lot Details

  • Street terminates at a dead end
  • Level Lot

Property Views

  • Views of a Sound
  • Limited Views

Utilities

  • Community Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 48630020140107

Community Details

Overview

  • Prospect Point Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$341

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • View: Partial, Sound

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Community Well

Condo/Co-op/Association

  • Community Name: Prospect Point
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach

Fee Information

  • Assessment Fees: Water

Schools

  • Elementary School: Olalla Elem
  • Middle School: John Sedgwick Jnr Hi
  • High School: So. Kitsap High
  • School District: SK

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 15246
  • Parcel Number: 48630020140107
  • Topography: Level, Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 12, 2020
Sold by
Eitel Joseph
Bought by
Unlimited Grace Holdings Llc
Seller's Agent
Melanie Hawkins
Hawkins Poe
Buyer's Agent
DYLAN SANSEN
5 Corners Realty LLC
List Price
$30,000
Sold Price
$30,000
Current Estimated Value
$217,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,942
Avg. Annual Appreciation
47.30%
Original Mortgage
$25,000
Outstanding Balance
$22,177
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$195,765

Purchase Details

Closed on
Apr 22, 2019
Sold by
B I G Blue Llc
Bought by
Eitel Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Baker Kenneth D and Baker Kristal
Bought by
Inspiration Point Llc

Purchase Details

Closed on
Oct 27, 1994
Sold by
Shield Ilse C and Sullivan Ilse C
Bought by
Rigsby Danny R and Rigsby Velda L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Unlimited Grace Holdings Llc $30,000 Land Title Co Silverdale
Eitel Joseph $230,000 Olympic T&E Kitsap
Inspiration Point Llc -- None Available
Rigsby Danny R $4,000 Charter Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unlimited Grace Holdings Llc $25,000
Previous Owner Eitel Joseph $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $30,000 0.0% --
08/05/2020 08/05/20 Pending -- -- --
07/30/2020 07/30/20 Off Market $30,000 -- --
07/29/2020 07/29/20 Price Changed $30,000 0.0% --
07/29/2020 07/29/20 For Sale $30,000 -57.1% --
07/21/2020 07/21/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $70,000 -22.2% --
07/15/2020 07/15/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $90,000 -- --
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
2026 $341 $39,900 $39,900 --
2025 $341 $39,900 $39,900 --
2024 $330 $39,900 $39,900 --
2023 $328 $39,900 $39,900 $0
2022 $314 $31,920 $31,920 $0
2021 $591 $57,000 $57,000 $0
2020 $577 $53,990 $53,990 $0
2019 $495 $50,910 $50,910 $0
2018 $534 $46,090 $46,090 $0
2017 $494 $46,090 $46,090 $0
2016 $515 $43,890 $43,890 $0
2015 $508 $43,890 $43,890 $0
2014 -- $46,190 $46,190 $0
2013 -- $46,190 $46,190 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1627154

Northwest Multiple Listing Service (NWMLS)

APN: 4863-002-014-01-07