Listed by Van Dorm Realty, Inc., Bought with Blue Summit Realty LLC
NOT LISTED FOR SALE

Estimated Value: $628,000 - $835,000

0.36 Acre
$2,031,481 Price per Acre
15,682 Sq Ft Lot

Last Sold April 13, 2021

Last sale price $250,000

Est. 193% increase in value since last sale

Current estimated payment $4,587/month

13 Days on Market

About This Lot

As of April 2021

All work completed on these two exceptional Ready-To Build lots!! Here is a rare opportunity to build on Tumwater Hill. Two lots, sold as a package, with completed frontage, curb and sidewalk improvements. Water, sewer, electricity on property, gas in street. Near Tumwater & Olympia amenities: bus, shopping, schools & I-5. Bring your plans for two duplexes on these extraordinary, ready-to-build lots.

Last Agent to Sell the Property

Lowell Miller

Van Dorm Realty, Inc. Listed on: 02/03/2021

Last Buyer's Agent

Brian Dermanoski

Blue Summit Realty LLC License #23411

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1724967

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,225

Lot Details

Community Details

  • Tumwater Community

Listing and Financial Details

  • Assessor Parcel Number 80601800700

Property Details

Property Type

Land

Est. Annual Taxes

$7,225

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Corners Flagged, Lightly Treed
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: No Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, Paved
  • Road On Which Sideof Property: South
  • Water Jurisdiction: City of Tumwater

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Sewer: On Property
  • Water: Available, On Property

Condo/Co-op/Association

  • Community Name: Tumwater

Schools

  • Elementary School: Tumwater Hill Elem
  • Middle School: Tumwater Mid
  • High School: A G West Black Hills
  • School District: TUM

Lot Info

  • Lot Number: 7&8
  • General Zoning Classification: Multi-Family
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 55x136
  • Lot Sq Ft: 15495
  • Parcel Number: 80601800700
  • Zoning Jurisdiction: City
  • Zoning Remarks: SFM

Tax Info

  • Tax Amount: 1155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Kellen Mangan
Bought by
Kr Element Llc
Current Estimated Value
$731,333

Purchase Details

Closed on
Feb 1, 2022
Sold by
Kellen Mangan
Bought by
Kr Element Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 3, 2022
Sold by
Erin Mangan
Bought by
Mangan Kellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 12, 2021
Sold by
Turk Robert J and Turk Laurene M
Bought by
High Definition Homes Llc
Seller's Agent
Lowell Miller
Van Dorm Realty, Inc.
Buyer's Agent
Brian Dermanoski
Blue Summit Realty LLC
List Price
$269,950
Sold Price
$250,000
Premium/Discount to List
-$19,950
-7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.40%
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 2, 2017
Sold by
Polidori Thomas P and Polidori Sherry L
Bought by
Turk Robert J and Turk Laurene M

Purchase Details

Closed on
Oct 24, 2014
Sold by
Black B Jean
Bought by
Polidori Thomas P

Purchase Details

Closed on
Jan 13, 2011
Sold by
Polidori Thomas P
Bought by
Black B Jean

Purchase Details

Closed on
Sep 13, 2006
Sold by
Black B Jean
Bought by
Polidori Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.56%
Mortgage Type
Seller Take Back
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
Kr Element Llc -- Stewart Title
Kr Element Llc -- Accommodation/Courtesy Recordi
High Definition Homes Llc $250,000 Stewart Title
Turk Robert J $112,719 Thurston County Title
Polidori Thomas P $9,719 Thurston County Title
Black B Jean -- None Available
Polidori Thomas P $60,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High Definition Homes Llc $500,000
Previous Owner Polidori Thomas P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $250,000 -7.4% --
02/16/2021 02/16/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $269,950 -- --
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 $7,225 $773,200 $252,200 $521,000
2023 $7,225 $722,200 $241,600 $480,600
2022 $1,002 $684,100 $227,000 $457,100
2021 $1,013 $84,500 $84,500 $0
2020 $579 $78,400 $78,400 $0
2019 $492 $43,100 $43,100 $0
2018 $449 $34,500 $34,500 $0
2017 $503 $37,700 $37,700 $0
2016 $503 $38,100 $38,100 $0
2014 -- $36,400 $36,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1724967

Northwest Multiple Listing Service (NWMLS)

APN: 80601800700