NOT LISTED FOR SALE

11039 Salmon Creek Ln SW Olympia, WA 98512

Estimated Value: $909,000 - $1,040,000

10 Acres
$98,523 Price per Acre
438,649 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $100,000

Est. 892% increase in value since last sale

Current estimated payment $6,344/month

478 Days on Market

Highlights

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

About This Lot

As of October 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 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

Jim Swanson

COMPASS License #21028671

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1263100

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,549

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 12727420300

Property Details

Property Type

Land

Est. Annual Taxes

$9,549

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

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

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

Utilities

  • Electricity: Available
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • 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: 3
  • General Zoning Classification: Residential
  • Lot Details: Dead End Street
  • Lot Dimensions: 1331 x 324 x 1332 x 326
  • Lot Sq Ft: 438644
  • Parcel Number: 12727420300
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: R 1-10

Tax Info

  • Tax Amount: 504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Oct 23, 2019
Sold by
Grant Kendra and Grant Austin
Bought by
Connell Christopher M O and Connell Brandy K O
Seller's Agent
Sterling Stock
Olympic Sotheby's Int'l Realty
Buyer's Agent
Jim Swanson
COMPASS
List Price
$99,500
Sold Price
$100,000
Premium/Discount to List
$500
0.5%
Total Days on Market
478
Current Estimated Value
$992,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,128
Avg. Annual Appreciation
50.49%
Original Mortgage
$621,802
Interest Rate
6%
Mortgage Type
New Conventional
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
Connell Christopher M O $100,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Christopher M $611,700
Closed Connell Christopher M O $621,802
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $100,000 +0.5% --
07/15/2019 07/15/19 Pending -- -- --
06/10/2019 06/10/19 Price Changed $99,500 0.0% --
06/10/2019 06/10/19 For Sale $99,500 -9.5% --
05/14/2019 05/14/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $110,000 +10.0% --
05/01/2019 05/01/19 Off Market $100,000 -- --
09/19/2018 09/19/18 Price Changed $110,000 -18.5% --
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 $9,549 $903,400 $214,700 $688,700
2023 $9,549 $938,000 $221,000 $717,000
2022 $9,609 $1,030,800 $184,200 $846,600
2021 $3,001 $818,700 $153,600 $665,100
2020 $1,491 $227,500 $115,000 $112,500
2019 $1,240 $127,700 $127,700 $0
2018 $0 $110,500 $110,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1263100

Northwest Multiple Listing Service (NWMLS)

APN: 12727420300