Listed by Paramount Real Estate Group, Bought with Quorum-Laurelhurst, Inc
$550,000
SOLD DEC 18, 2024

12432 Olalla Valley Rd SE Olalla, WA 98359

2 Beds
2 Baths
1,308 Sq Ft
13.9 Acres

Recently Sold

$420 Per Sq Ft

Highlights

  • Home fronts a creek
  • No HOA
  • Bathroom on Main Level
  • 13.9 Acre Lot
  • 6 Car Detached Garage
  • 1-Story Property

About This Home

As of December 2024

You can have your own boat graveyard on 14 acres! Amazing opportunity to purchase a nearly livable home and large shop on lots of land in the Olalla Community. You won't find a deal better than this, but you will work at it after you win. Property being sold as is. Buyer to inherit all items left by previous owner, tenants and squatters.

Last Agent to Sell the Property

Justin Weis

Paramount Real Estate Group License #135213 Listed on: 12/18/2024

Co-Listed By

Eric Von Marbod

John L. Scott, Inc. License #23853

Last Buyer's Agent

Jenn Brown Flynn

Quorum-Laurelhurst, Inc License #23141

Quorum-Laurelhurst, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2318326

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1986

Lot Details

  • 13.9 Acre Lot
  • Home fronts a creek
  • Value in Land
  • Zoning described as RP

Parking

  • 6 Car Detached Garage

Home Design

  • Cabin
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

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

Utilities

  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association
  • Olalla Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32230230082005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,048

Year Built

Built in 1986

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1986
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1308
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Living Area: 1308
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1308
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Value In Land
  • View: No
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: No

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: 32230230082005
  • Land Lease: No
  • Lot Size Acres: 13.9
  • Lot Size Sq Ft: 605484
  • Zoning Description: RP
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: County

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4048

MLS Schools

  • Elementary School: Olalla Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Nov 26, 2024
Sold by
Passow Aaron V
Bought by
Daniel Peter Benjamin
Seller's Agent
Justin Weis
Paramount Real Estate Group
Buyer's Agent
Jenn Brown Flynn
Quorum-Laurelhurst, Inc
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$577,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,395
Avg. Annual Appreciation
5.14%
Original Mortgage
$300,000
Outstanding Balance
$261,151
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$316,244

Purchase Details

Closed on
Oct 29, 2008
Sold by
Witt Edmund P and Witt Sandra R
Bought by
Passow Aaron and Passow Diana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,077
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1998
Sold by
Daniels Hall Jerry Lynne
Bought by
Witt Edmund P and Witt Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $550,000 Aegis Land Title
Warranty Deed $267,730 Stewart Title
Warranty Deed $114,950 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Seller Take Back
Previous Owner $254,077 Purchase Money Mortgage
Previous Owner $130,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $550,000 0.0% $420 / Sq Ft
12/18/2024 12/18/24 For Sale $550,000 -- $420 / 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
2026 $4,174 $475,460 $226,600 $248,860
2025 $4,174 $475,460 $226,600 $248,860
2024 $4,048 $475,460 $226,600 $248,860
2023 $4,021 $475,460 $226,600 $248,860
2022 $3,856 $381,750 $181,280 $200,470
2021 $3,650 $341,730 $161,860 $179,870
2020 $3,347 $303,740 $140,490 $163,250
2019 $377 $287,640 $132,500 $155,140
2018 $3,123 $247,770 $119,930 $127,840
2017 $2,740 $247,770 $119,930 $127,840
2016 $2,737 $226,570 $114,220 $112,350
2015 $2,665 $223,610 $114,220 $109,390
2014 -- $239,180 $135,660 $103,520
2013 -- $239,180 $135,660 $103,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2318326

Northwest Multiple Listing Service (NWMLS)

APN: 322302-3-008-2005