NOT LISTED FOR SALE

4433 81st Ave SW Olympia, WA 98512

Estimated Value: $204,013 - $597,000

5 Acres
$79,377 Price per Acre
219,786 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $183,750

Est. 118% increase in value since last sale

Current estimated payment $2,364/month

88 Days on Market

About This Lot

As of December 2021

Five acres in Tumwater Sch. District, close to town, close to Black Lake, has 3-bdr. septic design, water, power, gas at the property! use the BPA easement at the front of the property for pasture or let your imagination go. Gopher Study has been done. This is ready to build on!

Last Agent to Sell the Property

Randy Reynolds

WEICHERT, Realtors Reynolds RE License #4797 Listed on: 08/21/2021

WEICHERT, Realtors Reynolds RE

Last Buyer's Agent

Beckie Stephens

RE/MAX Advantage License #1128

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1828096

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,627

Lot Details

  • 5.05 Acre Lot
  • Street terminates at a dead end
  • Level Lot

Schools

  • Black Lake Elementary School
  • Tumwater Mid Middle School
  • A G West Black Hills High School

Utilities

  • Overhead Utilities
  • Septic Design Applied
  • Sewer Not Available

Community Details

  • Black Lake Estates Condos
  • Black Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 9 / LL-0146
  • Assessor Parcel Number 12707440200

Property Details

Property Type

Land

Est. Annual Taxes

$1,627

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Black Lake Estates
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Comm. Grade Timber,Evergreens,Partially Cleared
  • Restrictions: CC&R
  • Special Features: None
  • Cumulative Days on Market: 1,024

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Dead End Street, High Voltage Line, Paved
  • Road Surface Type: Gravel, Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel,Paved
  • RoadOnWhichSide: North
  • WaterJurisdiction: Wa. Water Service Co.
  • Easements: yes

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: In Street, On Property
  • Electricity On Property: Yes
  • Utilities: High Voltage Line, Natural Gas Available, Electricity Connected, Septic Design Applied
  • ElectricityStatus: On Property
  • GasStatus: In Street
  • SepticDesignApplied: true
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No

Schools

  • Junior High Dist: Tumwater
  • High School: A G West Black Hills
  • Middle Or Junior School: Tumwater Mid

Lot Info

  • Parcel Number: 12707440200
  • Topography: Level
  • Lot Size Acres: 5.0456
  • Lot Size Sq Ft: 219787
  • Zoning Description: SFR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: public records
  • ZoningJurisdiction: County
  • LotNumber: 9
  • SoilFeasibilityTest: true
  • PublicLandSurvey: 7172

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1627

MLS Schools

  • Elementary School: Black Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Johnson Robert G
Bought by
Johnson Lori and Johnson Robert G
Total Days on Market
88
Current Estimated Value
$400,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$238,264
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
$252,615

Purchase Details

Listed on
Aug 21, 2021
Closed on
Dec 23, 2021
Sold by
Russell Sprague and Russell Jean
Bought by
Johnson Robert G and Johnson Lori
Seller's Agent
Randy Reynolds
WEICHERT, Realtors Reynolds RE
Buyer's Agent
Beckie Stephens
RE/MAX Advantage
List Price
$195,000
Sold Price
$183,750
Premium/Discount to List
-$11,250
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.06%
Original Mortgage
$137,813
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1997
Sold by
Dubois Gary and Dubois Pattie
Bought by
Russell Sprague and Russell Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Johnson Lori -- None Listed On Document
Johnson Robert G $183,750 Fatco
Russell Sprague -- First American Title Ins Co
Russell Sprague $40,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Lori $240,000
Previous Owner Johnson Robert G $137,813
Previous Owner Russell Sprague $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $183,750 -5.8% --
11/17/2021 11/17/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $195,000 -- --
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 $1,502 $192,100 $192,100 --
2023 $1,502 $170,900 $170,900 $0
2022 $1,527 $139,800 $139,800 $0
2021 $1,627 $147,700 $147,700 $0
2020 $1,651 $144,800 $144,800 $0
2019 $1,386 $142,300 $142,300 $0
2018 $1,542 $133,400 $133,400 $0
2017 $1,554 $130,250 $130,250 $0
2016 $1,887 $154,700 $154,700 $0
2014 -- $154,700 $154,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1828096

Northwest Multiple Listing Service (NWMLS)

APN: 12707440200