Listed by Terrafin, Bought with NWMLS-NonOffice
NOT LISTED FOR SALE

1926 53rd Ave SE Olympia, WA 98501

Olympia Area

Estimated Value: $493,000 - $2,711,816

11.89 Acres
$92,490 Price per Acre
517,928 Sq Ft Lot

Sale Details

Date Sold: August 12, 2022

Last sale price $1,686,000

Est. 35% decrease in value since last sale

Current estimated payment $6,781 / mo

Highlights

  • Lake Front
  • 11.89 Acre Lot
  • Level Lot
  • Centennial Elementary School Rated A
  • No HOA

About This Lot

As of August 2022

Thurston County Preliminary Plat Approval obtained in 2020, Project on Hewitt Lake! Multi use project includes 10 townhome lots, for 20 townhomes and 18 single family lots, 38 units total. 12 1/2 acres with 146 ft of waterfront that will provide a community park to 38 new home owners; where swimming, boating & non-motor toys are enjoyed. Cheri Estates an established neighborhood of homes ranging $700K+/- price range will be the access to 18 new homes & the other 20 will access from 53rd Ave SE, at monument sign to Cheri. Electricity on property and Sewer/Water is to property, including docs for over $110K in harvestable timber. Located 4.1 miles from I5, between 2 major highways & 12 minute drive to Capitol.

Last Agent to Sell the Property

Robert Terhune

Terrafin License #20115143 Listed on: 01/06/2026

Terrafin

Last Buyer's Agent

No Member Specified

NWMLS-NonOffice

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2466197

Northwest Multiple Listing Service (NWMLS)

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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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,229

Lot Details

  • 11.89 Acre Lot
  • Lake Front
  • Level Lot
  • 12836430101

Property Views

  • Lake
  • Territorial

Schools

  • Centennial Elementary School
  • Jefferson Mid Middle School
  • Olympia High School

Utilities

  • Drilled Well
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Hewitt Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12836430100

Property Details

Property Type

Land

Est. Annual Taxes

$8,229

Lot Details

11.89 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Structure Type: Unspecified
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Heavily Forested
  • Restrictions: No Restrictions
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Lake, Territorial
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • RoadInformation: Privately Maintained
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: Drilled Well
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Jefferson Mid

Lot Info

  • Parcel Number: 12836430100
  • Topography: Level,Sloped
  • Lot Size Acres: 11.89
  • Lot Size Sq Ft: 517928
  • Additional Parcels Description: 12836430101
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8228.85

MLS Schools

  • Elementary School: Centennial Elem

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2026
Closed on
Jan 6, 2026
Sold by
Hewitt Lake Llc
Bought by
Seller's Agent
Robert Terhune
Terrafin
Buyer's Agent
No Member Specified
NWMLS-NonOffice
List Price
$3,002,000
Sold Price
$3,002,000
Views
2
Current Estimated Value
$1,099,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,902,296
Avg. Annual Appreciation
-78.16%

Purchase Details

Listed on
Oct 1, 2021
Closed on
Aug 10, 2022
Sold by
C & H Re Investors Llc
Bought by
Hewitt Lake Llc
Seller's Agent
Dan Dennis
Keller Williams Realty PS
List Price
$1,678,800
Sold Price
$1,686,000
Premium/Discount to List
$7,200
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%

Purchase Details

Closed on
Feb 9, 2011
Sold by
Heritage Bank
Bought by
C & H Re Investors Llc

Purchase Details

Closed on
Jul 10, 2009
Sold by
J A K Investments Llc
Bought by
Heritage Bank

Purchase Details

Closed on
Jul 7, 2009
Sold by
J A K Investments Llc
Bought by
Heritage Bank

Purchase Details

Closed on
Oct 20, 2005
Sold by
Gruessing Gaenor
Bought by
J A K Investments Llc

Purchase Details

Closed on
Apr 18, 1997
Sold by
Friend & Friend Enterprises Inc
Bought by
Gruessing Gaenor
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,002,000 Stewart Title Guaranty Company
Hewitt Lake Llc $1,686,000 New Title Company Name
C & H Re Investors Llc $266,000 First American Title
Heritage Bank -- Thurston County Title
Heritage Bank -- Thurston County Title
Heritage Bank -- Thurston County Title
J A K Investments Llc $1,350,000 Thurston County Title
Gruessing Gaenor -- Pioneer Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $1,686,000 +0.4% -- View Prior Sale
08/02/2022 08/02/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $1,678,800 0.0% --
11/09/2021 11/09/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,678,800 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,906 $737,900 $589,800 $148,100
2024 $8,906 $758,300 $610,800 $147,500
2023 $8,906 $859,800 $654,900 $204,900
2022 $7,997 $746,200 $528,900 $217,300
2021 $6,211 $679,600 $503,600 $176,000
2020 $10,574 $482,500 $331,300 $151,200
2019 $7,755 $817,500 $679,200 $138,300
2018 $7,072 $523,100 $395,800 $127,300
2017 $6,694 $511,200 $399,200 $112,000
2016 $6,955 $516,750 $417,450 $99,300
2014 -- $527,300 $424,000 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2466197

Northwest Multiple Listing Service (NWMLS)

APN: 12836430100

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