NOT LISTED FOR SALE

4020 48th Ln NE Olympia, WA 98506

Estimated Value: $829,301 - $1,025,000

4 Beds
1 Bath
3,259 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $523,000 $160 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,502/month

28 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Secluded Lot
  • Fruit Trees
  • Deck
  • Wood Flooring

About This Home

As of October 2017

SECLUDED South Bay area home with beautiful 5 acres! Minutes from town! MAIN FLOOR MASTER; 3 more bedrooms upstairs, full bathroom & loft; PLUS a large bonus room with 3/4 bath over garage. Covered front/back decks. Enjoy the territorial & partial Mt. Rainier views, lovely flower beds, gardens & seasonal pond. New carpet, updated kitchen floor & wood floors. Garage with plenty of room for storage or hobbies. RV Parking. Conveniently located just minutes from town.

Last Agent to Sell the Property

Marie Black

RE/MAX Advantage License #114087 Listed on: 07/28/2017

RE/MAX Advantage

Last Buyer's Agent

Rachel Lieder Simeon

Redfin License #120076

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1167628

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,459

Year Built

  • Built in 1997

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is zoned RRR1/5

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Pasture

Community Details

  • South Bay Community

Listing and Financial Details

  • Assessor Parcel Number 11929340102

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,459

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Loft, Skylights, Walk In Pantry
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.25
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 3259
  • Square Footage Finished: 3259

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Water Heater: Garage-Gas
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: South Bay

Schools

  • Elementary School: South Bay Elem
  • Middle School: Chinook Mid
  • High School: North Thurston High
  • School District: NTN

Lot Info

  • Lot Details: Corner Lot, Dead End Street, Open Space, Secluded
  • Lot Sq Ft: 217800
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Pasture, Rolling
  • Parcel Number: 11929340102
  • Zoning Code: RRR1/5
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Pasture, Rolling

Tax Info

  • Tax Amount: 5175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Sep 26, 2017
Sold by
Johnson Jeffrey and Smith Rebecca
Bought by
Mcintyre Chloe P and Larson Thomas E
Seller's Agent
Marie Black
RE/MAX Advantage
Buyer's Agent
Rachel Lieder Simeon
Redfin
List Price
$529,000
Sold Price
$523,000
Premium/Discount to List
-$6,000
-1.13%
Current Estimated Value
$936,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,325
Avg. Annual Appreciation
7.52%
Original Mortgage
$418,400
Outstanding Balance
$350,136
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$586,189

Purchase Details

Closed on
Feb 22, 2002
Sold by
Edwards Curtis R and Edwards Carrie L
Bought by
Johnson Jeffrey and Smith Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Mcintyre Chloe P $522,719 First American Title Ins Co
Johnson Jeffrey $310,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintyre Chloe P $418,400
Previous Owner Johnson Jeffrey $248,000
Closed Johnson Jeffrey $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Sold $523,000 -1.1% $160 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $529,000 -- $162 / 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
2024 $6,459 $711,500 $271,600 $439,900
2023 $6,459 $665,000 $244,800 $420,200
2022 $7,030 $712,300 $200,500 $511,800
2021 $6,002 $599,300 $186,600 $412,700
2020 $5,585 $473,300 $169,700 $303,600
2019 $5,277 $452,100 $139,900 $312,200
2018 $5,843 $430,500 $113,500 $317,000
2017 $5,175 $393,850 $118,450 $275,400
2016 $4,997 $376,850 $112,750 $264,100
2014 -- $370,350 $108,750 $261,600
Source: Public Records

Agents Affiliated with this Home

  • Marie Black

    Seller's Agent in 2017

    Marie Black

    RE/MAX

    (360) 561-3400

    66 Total Sales

    Marie Black
    Section Image

  • R

    Buyer's Agent in 2017

    Rachel Lieder Simeon

    Redfin

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1167628

Northwest Multiple Listing Service (NWMLS)

APN: 11929340102

Washington Thurston County Olympia 98506

4020 48th Ln NE, Olympia, WA

This home is located at 4020 48th Ln NE, Olympia, WA 98506 since 28 July 2017 and is currently estimated at $936,325, approximately $287 per square foot. This property was built in 1997. 4020 48th Ln NE is a home located in Thurston County with nearby schools including South Bay Elementary School, Chinook Middle School, and North Thurston High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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