NOT LISTED FOR SALE

145 S Bank Rd Elma, WA 98541

Estimated Value: $392,000 - $541,000

3.87 Acres
$125,419 Price per Acre
168,577 Sq Ft Lot

Last Sold October 21, 2020

Last sale price $105,000

Est. 362% increase in value since last sale

Current estimated payment $2,913/month

2 Days on Market

About This Lot

As of October 2020

Looking for bare land to build your dream home? Here is a 3.89 acre lot that has been cleared and is ready to go with the well drilled and all of the permits in place for the septic to be installed before closing. Its only a 5 minute drive to Hwy 12, which makes it a short commute to Olympia, the Ocean Beaches or the Olympic Mountains. Opportunities like this dont come around often so hurry this wont last long.

Last Agent to Sell the Property

Carl Fortman

Price & Price Realty, Inc. PS License #27028 Listed on: 08/27/2020

Last Buyer's Agent

Carl Fortman

Price & Price Realty, Inc. PS License #27028 Listed on: 08/27/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1654040

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • Open Space
  • Level Lot

Utilities

  • Well
  • Drilled Well
  • Sewer Not Available

Community Details

  • South Elma Community

Listing and Financial Details

  • Assessor Parcel Number 170611130130

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: County Maintained, Paved

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Septic Designedand Appliedfor: Y
  • Sewer: Not Available
  • Water: Drilled Well, Private Well

Condo/Co-op/Association

  • Community Name: South Elma

Schools

  • School District: ELM

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 168577
  • Parcel Number: 170611130130
  • Topography: Level
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Beste-Kelly Revocable Living Trust
Bought by
Beste-Kelly Revocable Living Trust and Kelly
Current Estimated Value
$485,371

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 20, 2020
Sold by
Mcelliott Jeff and Mcelliott Jeffery D
Bought by
Beste Thaddeus and Kelly Alyssa
Seller's Agent
Carl Fortman
Price & Price Realty, Inc. PS
Buyer's Agent
Carl Fortman
Price & Price Realty, Inc. PS
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.39%
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 13, 2016
Closed on
Oct 18, 2016
Sold by
Jespersen Inc
Bought by
Mcelliott Jeff and Waltenburg Gary
Seller's Agent
Jackie Ashley
RE/MAX Northwest
Buyer's Agent
Steven Caldwell
Price & Price Realty, Inc. PS
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Feb 12, 2007
Sold by
Obryan Robert A and Obryan Billie J
Bought by
Jespersen Inc and Oyster Bay Construction
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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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
Beste-Kelly Revocable Living Trust -- None Listed On Document
Beste Thaddeus -- Coast Title
Mcelliott Jeff $80,000 Pacific Title
Jespersen Inc $135,000 Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beste Thaddeus $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $105,000 0.0% --
08/29/2020 08/29/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $105,000 +31.3% --
10/21/2016 10/21/16 Sold $80,000 -33.3% -- View Prior Sale
10/10/2016 10/10/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $120,000 -- --
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 $4,343 $476,850 $115,600 $361,250
2023 $4,035 $412,338 $115,600 $296,738
2022 $3,750 $383,667 $92,480 $291,187
2021 $755 $383,667 $92,480 $291,187
2020 $763 $63,000 $63,000 $0
2019 $717 $63,000 $63,000 $0
2018 $649 $63,000 $63,000 $0
2017 $613 $45,000 $45,000 $0
2016 $604 $45,000 $45,000 $0
2014 -- $45,000 $45,000 $0
2013 -- $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1654040

Northwest Multiple Listing Service (NWMLS)

APN: 170611130130