Listed by Signature Service RE Olympia, Bought with Riley Jackson Real Estate Inc.
$140,000
SOLD APR 18, 2022

16320 Lawrence Lake Rd SE Yelm, WA 98597

1.2 Acres
$116,667 Price per Acre
52,272 Sq Ft Lot

Recently Sold

7% Below List Price

187 Days on Market

About This Lot

As of September 2023

Nicely wooded property with an individual well (about 124 ft deep, 10 gpm), 2 bedroom septic and power at road in a neighborhood of nice homes. Hunter's cabin can possibly be converted to a studio /guest cottage. First 30 ft of the driveway is shared with the neighbor to the Left. May have a view of Lake Lawrence. No wet lands or gophers (they don't live in the woods). No HOA or building restrictions. Should be relatively easy to develop. Convenient location in the country but close to all conveniences, Olympia & JBLM.

Last Agent to Sell the Property

Bojana Foster

Signature Service RE Olympia License #11633 Listed on: 09/24/2021

Signature Service RE Olympia

Last Buyer's Agent

Jody Clifford

Riley Jackson Real Estate Inc. License #114175

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1844530

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $889

Year Built

  • 2022

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 137x478x114x556
  • Level Lot
  • Zoning described as RRR1/5

Property Views

  • Territorial Views

Schools

  • Yelm High12 School

Utilities

  • Drilled Well
  • Septic Design Installed
  • Sewer Not Available

Community Details

  • Yelm Rural Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 22628120101

Property Details

Property Type

Land

Est. Annual Taxes

$889

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Lightly Treed
  • Restrictions: No Restrictions
  • Improvements: Cabin
  • Special Features: None
  • Year Built (Public Record): 2022
  • Cumulative Days on Market: 1,328

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: West
  • WaterJurisdiction: Department of Ecology

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Not Available
  • Water Source: Drilled Well, On Property
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Septic Design Installed
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: true

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Yelm
  • High School: Yelm High12
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 22628120101
  • Topography: Level,Rolling
  • Lot Size Acres: 1.2
  • Lot Size: 137x478x114x556
  • Lot Size Sq Ft: 52272
  • Zoning Description: RRR1/5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 2
  • PublicLandSurvey: 28162
  • SlopeComment: Road

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 889

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 24, 2023
Sold by
Compton Kyle James and Compton Kayla Lynn
Bought by
Sanchez Blanca Rosa and Blummer David
Seller's Agent
Jason Munoz
Keller Williams South Sound
Buyer's Agent
Brian Wilcock
Keller Williams South Sound
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Total Days on Market
187
Views
44
Current Estimated Value
$684,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,233
Avg. Annual Appreciation
7.94%
Original Mortgage
$310,000
Outstanding Balance
$305,155
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$379,078

Purchase Details

Closed on
Mar 29, 2023
Sold by
Mountain Terrace Builders Inc
Bought by
Compton Kyle James and Compton Kayla Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Jul 23, 2021
Sold by
Stiens Eve and Bell Leo
Bought by
Wood Eve Dawn Marie

Purchase Details

Closed on
Sep 30, 2002
Sold by
Richards Peter and Richards Juanita
Bought by
Buchanan Diana L

Purchase Details

Closed on
Nov 8, 1993
Sold by
Buchanon Diana
Bought by
Stiens Eve and Bell Leo
Source: Public Records

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Range of Values:

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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 $610,000 First American Title
Warranty Deed $625,000 Chicago Title
Quit Claim Deed -- None Available
Warranty Deed -- First American Title Ins Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Previous Owner $435,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $600,000 -1.6% $255 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $610,000 -1.6% $260 / Sq Ft
08/11/2023 08/11/23 Price Changed $620,000 -0.8% $264 / Sq Ft
07/27/2023 07/27/23 For Sale $625,000 +346.4% $266 / Sq Ft
04/18/2022 04/18/22 Sold $140,000 -6.7% --
03/30/2022 03/30/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $150,000 0.0% --
03/03/2022 03/03/22 Pending -- -- --
09/24/2021 09/24/21 For Sale $150,000 -- --
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
2024 $5,502 $627,900 $155,400 $472,500
2023 $5,502 $158,300 $157,200 $1,100
2022 $1,132 $92,700 $91,000 $1,700
2021 $889 $95,900 $94,500 $1,400
2020 $966 $64,300 $62,900 $1,400
2019 $720 $68,800 $56,700 $12,100
2018 $823 $55,100 $48,200 $6,900
2017 $783 $53,650 $47,450 $6,200
2016 $855 $50,800 $45,900 $4,900
2014 -- $55,950 $51,150 $4,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1844530

Northwest Multiple Listing Service (NWMLS)

APN: 22628120101