NOT LISTED FOR SALE

Estimated Value: $106,284 - $115,000

0.19 Acre
$577,765 Price per Acre
8,340 Sq Ft Lot

Last Sold July 07, 2021

Last sale price $93,000

Est. 19% increase in value since last sale

Current estimated payment $698/month

188 Days on Market

Highlights

  • Bay View
  • Secluded Lot
  • Cul-De-Sac
  • Reeves Middle School Rated A-

About This Lot

As of July 2021

Imagine, develop and enjoy beautiful downtown Olympia, Capitol and harbor water views. Build your dream home on this stunning parcel overlooking Budd Bay. Property is 8340sf. Minutes to downtown, Farmers Market, shops, businesses. Sewer and power are on the street. Boundary survey and Geo-technical reports are available.

Last Agent to Sell the Property

Mark Gillispie

Wise Realty License #17394 Listed on: 01/30/2020

Last Buyer's Agent

Mark Gillispie

Wise Realty License #17394 Listed on: 01/30/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1560014

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $628

Lot Details

  • 8,340 Sq Ft Lot
  • Cul-De-Sac
  • Secluded Lot
  • Zoning described as R-6-12

Property Views

  • Bay
  • Territorial

Utilities

  • Sewer in Street

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52006400002

Property Details

Property Type

Land

Est. Annual Taxes

$628

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: No Restrictions
  • Special Features: None
  • Cumulative Days on Market: 856

Interior Features

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

Exterior Features

  • View: Bay, Territorial
  • Lot Features: Cul-De-Sac, Secluded
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement
  • WaterJurisdiction: Olympia

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 52006400002
  • Lot Size Acres: 0.1915
  • Lot Size Sq Ft: 8340
  • Zoning Description: R-6-12
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jun 28, 2021
Sold by
Mickel Arthur Jeffery and Lee Sheila Sung
Bought by
Lee Sheila Sung
Seller's Agent
Mark Gillispie
Wise Realty
Buyer's Agent
Mark Gillispie
Wise Realty
List Price
$140,000
Sold Price
$93,000
Premium/Discount to List
-$47,000
-33.57%
Total Days on Market
188
Current Estimated Value
$110,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,642
Avg. Annual Appreciation
5.76%
Original Mortgage
$75,000
Outstanding Balance
$69,220
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,604

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jun 27, 2021
Sold by
Pala Llc
Bought by
Myers Gary L
Seller's Agent
Mark Gillispie
Wise Realty
Buyer's Agent
Mark Gillispie
Wise Realty
List Price
$140,000
Sold Price
$93,000
Premium/Discount to List
-$47,000
-33.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$69,220
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,604

Purchase Details

Closed on
Nov 12, 2015
Sold by
Lee Sheila S
Bought by
Pala Llc

Purchase Details

Closed on
Apr 21, 2015
Sold by
Hattrup Margaret Elizabeth
Bought by
Lee Sheila Sung

Purchase Details

Closed on
Dec 30, 2011
Sold by
Hattrup Margaret Elizabeth
Bought by
Hattrup Margaret Elizabeth
Source: Public Records

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Range of Values:

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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
Lee Sheila Sung -- Chicago Title Company
Myers Gary L $93,000 Chicago Title Company
Pala Llc -- None Available
Lee Sheila Sung $27,719 Chicago Title Company
Hattrup Margaret Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Gary L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $93,000 -33.6% --
08/05/2020 08/05/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $140,000 -- --
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
2024 $924 $98,400 $98,400 --
2023 $924 $87,600 $87,600 $0
2022 $1,075 $89,000 $89,000 $0
2021 $921 $89,300 $89,300 $0
2020 $729 $70,700 $70,700 $0
2019 $629 $54,500 $54,500 $0
2018 $649 $47,900 $47,900 $0
2017 $863 $68,450 $68,450 $0
2016 $1,023 $79,850 $79,850 $0
2014 -- $81,350 $81,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1560014

Northwest Multiple Listing Service (NWMLS)

APN: 52006400002