Listed by Paramount Real Estate Group, Bought with Skyline Properties, Inc.
$530,000
SOLD MAR 29, 2023

10872 Banner Rd SE Olalla, WA 98359

3 Beds
2.5 Baths
1,843 Sq Ft
4.7 Acres

Recently Sold

$288 Per Sq Ft

12% Above List Price

3 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Wood Flooring
  • Contemporary Architecture
  • Wooded Lot
  • No HOA

About This Home

As of October 2024

3 Bed 2.25 Bath Rambler on 4.75 acre plot with privacy in Olalla. A little over an acre cleared and fully fenced in, with two detached garages on the property as well. This is a fantastic opportunity for someone to come in and do proper updates to bring this home into its next chapter and to end up with quintessential Olalla living! Home is being sold "As-Is" and is priced accordingly with room for sweat equity in mind. Grab your piece of privacy and opportunity now!

Last Agent to Sell the Property

Donna Cryder

Paramount Real Estate Group License #31068 Listed on: 03/03/2023

Co-Listed By

Taylor Cryder

Paramount Real Estate Group License #140962

Last Buyer's Agent

Rocio Lokhmatov

Skyline Properties, Inc. License #88519

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2022691

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,811

Year Built

  • Built in 1978

Lot Details

  • 4.7 Acre Lot
  • Brush Vegetation
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in average condition
  • Zoning described as RR

Parking

  • 3 Car Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,843 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outbuilding

Schools

  • Olalla Elementary School
  • John Sedgwick Jnr Hi Middle School
  • So. Kitsap High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heat Pump System
  • Private Water Source
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Olalla Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28230240192006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,811

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Olalla
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1843
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 861

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 1843
  • Main Level Bedrooms: 3
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1843
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Detached Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Private Well
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: South Kitsap
  • High School: So. Kitsap High
  • Middle Or Junior School: John Sedgwick Jnr Hi

Lot Info

  • Parcel Number: 28230240192006
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 4.7
  • Lot Size Sq Ft: 204732
  • Zoning Description: RR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings,RV Parking,Shop
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4811

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Olalla Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Oct 10, 2024
Sold by
Gig Harbor Estate Llc
Bought by
Craft Dale and Craft Sarah
Seller's Agent
Rocio Lokhmatov
Skyline Properties, Inc.
Buyer's Agent
Lauren Turner
Coldwell Banker Evergreen
List Price
$1,295,000
Sold Price
$1,020,000
Premium/Discount to List
-$275,000
-21.24%
Views
26
Current Estimated Value
$942,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,507
Avg. Annual Appreciation
-10.80%
Original Mortgage
$750,000
Outstanding Balance
$745,756
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$186,201

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 23, 2023
Sold by
Sayenko Igor
Bought by
Gig Harbor Estate Llc
Seller's Agent
Donna Cryder
Paramount Real Estate Group
Buyer's Agent
Rocio Lokhmatov
Skyline Properties, Inc.
List Price
$475,000
Sold Price
$530,000
Premium/Discount to List
$55,000
11.58%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.56%
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 27, 2023
Sold by
Redding Kaye S Le
Bought by
Sayenko Igor
Seller's Agent
Donna Cryder
Paramount Real Estate Group
Buyer's Agent
Rocio Lokhmatov
Skyline Properties, Inc.
List Price
$475,000
Sold Price
$530,000
Premium/Discount to List
$55,000
11.58%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
May 5, 2006
Sold by
Estate Of Craig S Redding
Bought by
Redding Kaye S

Purchase Details

Closed on
Mar 7, 1999
Sold by
Redding Craig S and Estate Of Lloyd S Redding
Bought by
Redding Craig S and Redding Kaye S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,020,000 Fidelity National Title
Quit Claim Deed -- First American Title
Warranty Deed -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Personal Reps Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 VA
Previous Owner $250,000 Construction
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $1,020,000 -7.1% $553 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $1,098,000 -11.8% $596 / Sq Ft
06/17/2024 06/17/24 Price Changed $1,245,000 -3.9% $676 / Sq Ft
04/25/2024 04/25/24 For Sale $1,295,000 +144.3% $703 / Sq Ft
03/29/2023 03/29/23 Sold $530,000 0.0% $288 / Sq Ft
03/08/2023 03/08/23 Off Market $530,000 -- --
03/06/2023 03/06/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $475,000 -- $258 / Sq Ft
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
2025 $4,623 $528,410 $203,280 $325,130
2024 $4,483 $528,410 $203,280 $325,130
2023 $4,992 $594,210 $203,280 $390,930
2022 $4,811 $479,570 $162,620 $316,950
2021 $4,503 $424,330 $145,200 $279,130
2020 $4,200 $383,980 $119,440 $264,540
2019 $3,564 $357,270 $110,840 $246,430
2018 $3,805 $300,200 $100,330 $199,870
2017 $3,299 $300,200 $100,330 $199,870
2016 $3,268 $272,130 $95,550 $176,580
2015 $3,179 $268,250 $95,550 $172,700
2014 -- $253,930 $93,030 $160,900
2013 -- $253,930 $93,030 $160,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2022691

Northwest Multiple Listing Service (NWMLS)

APN: 282302-4-019-2006