Listed by COMPASS, Bought with John L. Scott Lacey
NOT LISTED FOR SALE

2605 Wood Ct SW Olympia, WA 98512

Estimated Value: $477,000 - $522,000

0.24 Acre
$2,118,050 Price per Acre
10,454 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $35,000

Est. 1,352% increase in value since last sale

Current estimated payment $3,077/month

32 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Corner Lot
  • Golf Course Community
  • Clubhouse
  • Tennis Courts

About This Lot

As of August 2020

Scott Lake community build your dream home! Located close to the I-5 corridor and Tumwater, with shopping, restaurants and amenities just 15 minutes away. Community offers low $10 monthly vacant-lot HOA dues gives you access to parks, covered picnic area on private beach, play ground area, lake, boat lunch, swimming, fishing, ball fields, tennis court, clubhouse and 9 hole golf course. Near Olympic or Mt. Rainier National Park. Ocean is approximately hour away!

Last Agent to Sell the Property

Debra Lamanna

COMPASS License #49974 Listed on: 06/04/2020

COMPASS

Last Buyer's Agent

Lindsay Belmont

John L. Scott Lacey License #122847

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1611824

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,580

Lot Details

  • Corner Lot
  • Sloped Lot

Utilities

  • Community Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 72792000600

Community Details

Overview

  • Scott Lake Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$4,580

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR, NO Manufactured Homes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved

Utilities

  • Electricity: Available
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Available, Community Well

Condo/Co-op/Association

  • Community Name: Scott Lake
  • Project: Scott Lake Division No. 5
  • Community Features: Boat Launch, CCRs, Clubhouse, Golf Course, Community Waterfront/Pvt Beach, Tennis Courts

Fee Information

  • Assessment Fees: Electric

Schools

  • Elementary School: Littlerock Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Number: 6
  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially
  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 10405
  • Parcel Number: 72792000600
  • Topography: Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: RL2/1

Tax Info

  • Tax Amount: 432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Mcgrady Lana
Bought by
Dixon Myranda D and Dixon Daniel S
Current Estimated Value
$508,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 20, 2020
Sold by
Valdez Luz Manaois
Bought by
Mcgrady Lana
Seller's Agent
Debra Lamanna
COMPASS
Buyer's Agent
Lindsay Belmont
John L. Scott Lacey
List Price
$43,500
Sold Price
$35,000
Premium/Discount to List
-$8,500
-19.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.46%

Purchase Details

Closed on
Aug 11, 2015
Sold by
Valdez Luz Manaois and Valdez Arsenio
Bought by
Valdez Luz Manaois and The Luz Manaois Valdez Living Trust
Source: Public Records

Range of Values:

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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
Dixon Myranda D $475,000 Ticor Title
Mcgrady Lana $35,000 Chicago Title
Valdez Luz Manaois -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Myranda D $451,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $35,000 -19.5% --
07/06/2020 07/06/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $43,500 0.0% --
06/12/2020 06/12/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $43,500 -- --
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 $4,580 $492,200 $117,200 $375,000
2023 $4,580 $433,500 $71,500 $362,000
2022 $4,828 $420,600 $72,300 $348,300
2021 $461 $383,800 $40,600 $343,200
2020 $470 $37,100 $37,100 $0
2019 $432 $36,700 $36,700 $0
2018 $346 $26,200 $26,200 $0
2017 $353 $25,700 $25,700 $0
2016 $507 $37,950 $37,950 $0
2014 -- $37,950 $37,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1611824

Northwest Multiple Listing Service (NWMLS)

APN: 72792000600