Listed by Signature Service RE Olympia, Bought with Windermere Real Estate Olympia
NOT LISTED FOR SALE

11908 Windtree Ln SE Rainier, WA 98576

Estimated Value: $676,000 - $910,000

1.63 Acres
$494,684 Price per Acre
71,003 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $94,900

Est. 750% increase in value since last sale

Current estimated payment $4,724/month

29 Days on Market

Highlights

  • Gated Community
  • Territorial View
  • Level Lot
  • Secluded Lot

About This Lot

As of May 2019

Exceptional, private building site in premiere small gated subdivision of $400K + homes. No other homes in sight. Paved street. Building site on top of hill and driveway access already cleared and ready for construction (water, power, phone @ edge of property). Septic approval expired but known good soils. Community water system. Utility shed. CC&R's designed to protect property values 514' elevation. No wet lands. East access to Yelm, Olympia & JBLM.

Last Agent to Sell the Property

Bojana Foster

Signature Service RE Olympia License #11633 Listed on: 02/14/2019

Signature Service RE Olympia

Co-Listed By

Lynn Bowlen

Signature Service RE Olympia License #129977

Last Buyer's Agent

Steve Garrett

Windermere Real Estate Olympia License #4793

Windermere Real Estate Olympia

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1407124

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot

Property Views

  • Territorial Views

Utilities

  • Community Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 84420000800

Community Details

Overview

  • Rainier Rural Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Corners Flagged, Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: CCAndR, NO Manufactured Homes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: Paved, Privately Maintained, Recorded Maint. Agrm
  • Road On Which Sideof Property: West
  • View: Territorial

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Not Available
  • Water: Community Well

Condo/Co-op/Association

  • Community Name: Rainier Rural
  • Community Features: CCRs, Gated Entry

Schools

  • School District: RAI

Lot Info

  • Lot Number: 8
  • General Zoning Classification: Residential
  • Improvements: Outbuilding(s)
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Dimensions: See Attached
  • Lot Sq Ft: 71038
  • Parcel Number: 84420000800
  • Slopeof Property: Road
  • Topography: Level, Rolling
  • Zoning Jurisdiction: County
  • Zoning Remarks: RRR1/5

Tax Info

  • Tax Amount: 830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
May 1, 2019
Sold by
Banfi Natalina
Bought by
Cain Christopher H and Cain Colleen C
Seller's Agent
Bojana Foster
Signature Service RE Olympia
Buyer's Agent
Steve Garrett
Windermere Real Estate Olympia
List Price
$99,900
Sold Price
$94,900
Premium/Discount to List
-$5,000
-5.01%
Current Estimated Value
$806,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,435
Avg. Annual Appreciation
37.49%
Original Mortgage
$71,175
Outstanding Balance
$58,292
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$748,043

Purchase Details

Closed on
Jan 23, 2013
Sold by
Windtree Properties Llc
Bought by
Maddaloni Natalina Banfi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cain Christopher H $94,900 Wfg National Title Co Wa
Maddaloni Natalina Banfi $65,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cain Christopher H $71,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $94,900 -5.0% --
03/15/2019 03/15/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $99,900 -- --
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 $6,600 $795,900 $195,400 $600,500
2023 $6,600 $707,700 $183,300 $524,400
2022 $5,972 $716,600 $138,100 $578,500
2021 $4,810 $577,700 $143,400 $434,300
2020 $849 $462,000 $98,000 $364,000
2019 $3,569 $84,400 $84,400 $0
2018 $830 $74,100 $74,100 $0
2017 $754 $68,850 $68,850 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1407124

Northwest Multiple Listing Service (NWMLS)

APN: 84420000800