Listed by Coldwell Banker Evergreen, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

Estimated Value: $440,197

5 Acres
$88,039 Price per Acre
217,800 Sq Ft Lot

Last Sold June 20, 2018

Last sale price $275,000 $214 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,755/month

340 Days on Market

Highlights

  • Territorial View
  • McKenny Elementary School Rated A-
  • Level Lot

About This Lot

As of June 2018

Great development potential in the Olympia School district. Property is idealy located with sewer and water adjacent to the property. Property is mostly level and would be easy to develop. Zoning is R 4-8 and is located close to a middle school and area of nice homes. Previous pre-submission showed potential for 24 lots. See attached information.

Last Agent to Sell the Property

Bob Jorgenson

Coldwell Banker Evergreen License #45154 Listed on: 05/19/2017

Coldwell Banker Evergreen

Last Buyer's Agent

Sean Parker

Abbey Realty Inc License #127809

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1128155

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Territorial Views
  • Level Lot
  • Sewer in Street

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 12825110600

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Evergreens, Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East
  • View: Territorial
  • Water Jurisdiction: City of Olympia

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • School District: OLY

Lot Info

  • General Zoning Classification: Residential
  • Lot Dimensions: 325 x 625
  • Lot Sq Ft: 217800
  • Parcel Number: 12825110600
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R4-8

Tax Info

  • Tax Amount: 2512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Kapa Construction Llc
Bought by
Natola Properties Llc
Current Estimated Value
$440,197

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 15, 2018
Sold by
Rice Bonnie
Bought by
Kapa Construction Llc
Seller's Agent
Bob Jorgenson
Coldwell Banker Evergreen
Buyer's Agent
Sean Parker
Abbey Realty Inc
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
4.5%
Mortgage Type
Commercial
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
Natola Properties Llc -- None Available
Kapa Construction Llc $275,000 Thurston Coutny Title Oc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kapa Construction Llc $178,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $275,000 -15.4% $214 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $325,000 -53.5% $253 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
05/19/2017 05/19/17 For Sale $699,000 -- $544 / 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
2022 $2,491 $217,100 $217,100 $0
2021 $2,855 $207,900 $207,900 $0
2020 $3,817 $220,600 $220,600 $0
2019 $3,391 $288,100 $288,100 $0
2018 $3,007 $223,000 $223,000 $0
2017 $2,512 $200,550 $200,550 $0
2016 $2,281 $184,600 $184,600 $0
2014 -- $182,000 $182,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1128155

Northwest Multiple Listing Service (NWMLS)

APN: 12825110600