NOT LISTED FOR SALE

11018 Salmon Creek Ln SW Olympia, WA 98512

Estimated Value: $1,167,000 - $1,589,000

10 Acres
$142,678 Price per Acre
436,036 Sq Ft Lot

Last Sold February 27, 2019

Last sale price $100,000

Est. 1,328% increase in value since last sale

Current estimated payment $9,116/month

264 Days on Market

Highlights

  • Territorial View
  • East Olympia Elementary School Rated A-
  • Level Lot

About This Lot

As of February 2019

10.1 quiet and private acres located in the Tumwater School District. Property has recently been surveyed with corners marked. Pocket gopher study has been done, buyer will need to drill a well and install a septic. 3 other parcels currently available at the time of listing.

Last Agent to Sell the Property

Sterling Stock

Olympic Sotheby's Int'l Realty License #20207 Listed on: 03/24/2018

Olympic Sotheby's Int'l Realty

Co-Listed By

Keenan French

Olympic Sotheby's Int'l Realty License #133722

Last Buyer's Agent

Dawn Smith

Home Team DuPont, LLC License #24431

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1263091

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,553

Year Built

  • 2020

Lot Details

  • Street terminates at a dead end
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 12727420200

Property Details

Property Type

Land

Est. Annual Taxes

$13,553

Year Built

2020

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Corners Flagged, Evergreens, Lightly Treed
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Road Information: Access Easement, Gravel, Privately Maintained
  • Road On Which Sideof Property: East Side
  • View: Territorial

Utilities

  • Electricity: Available
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Well Needed

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • Elementary School: East Olympia Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Number: 2
  • General Zoning Classification: Residential
  • Lot Details: Dead End Street
  • Lot Dimensions: 663 x 659 x 660 x 659
  • Lot Sq Ft: 435863
  • Parcel Number: 12727420200
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: R 1-10

Tax Info

  • Tax Amount: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2020
Sold by
Poindexter Jimmie Lee and Fitzer Michelle M
Bought by
Poindexter Jimmie Lee and Fitzer Michelle M
Total Days on Market
264
Current Estimated Value
$1,428,202

Purchase Details

Closed on
May 20, 2020
Sold by
Poindexter Jimmie Lee and Fitzer Michelle M
Bought by
Poindexter Jimmie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$722,293
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$759,748

Purchase Details

Listed on
Mar 24, 2018
Closed on
Mar 22, 2019
Sold by
Poindexter Jimmie L and Fitzer Michelle M
Bought by
Poindexter Jimmie L and Fitzer Michelle M
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Dawn Smith
Home Team DuPont, LLC
List Price
$134,950
Sold Price
$100,000
Premium/Discount to List
-$34,950
-25.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.51%

Purchase Details

Listed on
Mar 24, 2018
Closed on
Feb 25, 2019
Sold by
Grant Kendra and May Kendra
Bought by
Fitzer Michelle and Poindexter Jimmie
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Dawn Smith
Home Team DuPont, LLC
List Price
$134,950
Sold Price
$100,000
Premium/Discount to List
-$34,950
-25.9%
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
Poindexter Jimmie Lee -- None Available
Poindexter Jimmie Lee -- Accommodation
Poindexter Jimmie L -- None Available
Fitzer Michelle $100,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poindexter Jimmie Lee $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $100,000 -9.1% --
12/13/2018 12/13/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $110,000 -18.5% --
05/09/2018 05/09/18 For Sale $134,950 0.0% --
04/15/2018 04/15/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $134,950 -- --
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 $13,553 $1,473,900 $252,400 $1,221,500
2023 $13,553 $1,336,300 $259,700 $1,076,600
2022 $12,592 $1,350,500 $216,500 $1,134,000
2021 $3,331 $1,076,000 $179,900 $896,100
2020 $1,744 $253,500 $117,000 $136,500
2019 $1,450 $150,000 $150,000 $0
2018 $0 $129,900 $129,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1263091

Northwest Multiple Listing Service (NWMLS)

APN: 12727420200