Listed by Coldwell Banker Evergreen, Bought with Blue Summit Realty LLC
NOT LISTED FOR SALE

4731 Gold Ridge Ln SW Unit LOT-5 Olympia, WA 98512

Estimated Value: $860,000

5.06 Acres
$169,960 Price per Acre
220,414 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $285,000

Est. 202% increase in value since last sale

Current estimated payment $4,766/month

256 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Cul-De-Sac
  • Black Lake Elementary School Rated A-
  • Secluded Lot
  • Lot Has A Rolling Slope

About This Lot

As of January 2024

Breathtaking Mt Rainier and territorial views abound from this impressive, forested land with cleared building sites on a quiet, paved lane with cul-de-sac. Conveniently located near I-5 & Hwy 101, only 5 minutes to West Olympia. This area is known for its natural beauty, with numerous parks, lakes, & forests-- making it a popular destination for outdoor enthusiasts. Gated community of high-end homes nearby add to the prestige of the area. Water provided from a new community well, electricity & cable are at the property with septic design and conditional site approval in place. Located in the desirable Tumwater School District. Bring your own builder or have premium builder, RJ Homes take you from start to finish. Call LA for details. LOT-5

Last Agent to Sell the Property

John Duerr

Coldwell Banker Evergreen License #89939 Listed on: 03/14/2023

Coldwell Banker Evergreen

Co-Listed By

Gayla Duerr

Coldwell Banker Evergreen License #119489

Last Buyer's Agent

Brian Dermanoski

Blue Summit Realty LLC License #23411

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2043901

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,168

Lot Details

  • 5.06 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $98 Monthly HOA Fees

Property Views

  • Mountain
  • Territorial

Schools

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

Utilities

  • Shared Well
  • Community Well
  • Septic Design Applied
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 12831210700

Community Details

Overview

  • Association fees include common area maintenance
  • Black Lake Ridge Condos
  • Black Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,168

Lot Details

0

HOA Fees

$98 per month

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 Ridge
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Corners Flagged,Heavily Forested,Partially Cleared,Recreational
  • Restrictions: CC&R,NO Manufactured Homes,See Remarks
  • Improvements: Cable TV Available
  • AssessmentFees: See Remarks,Water
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Mountain(s), Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Paved,Privately Maintained,Recorded Maint. Agrm
  • WaterJurisdiction: Black Lake Ridge Water System

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Community Well, In Street, Shared Well
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Common Area Maintenance, See Remarks, Electricity Available, Septic Design Applied
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: false
  • SepticSystemType: Mound

Condo/Co-op/Association

  • Community Features: CCRs, Gated, Community Well
  • Senior Community: No
  • Association Fee: 98
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, See Remarks
  • NWM_OtherDuesOrFeesYN: true

Schools

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

Lot Info

  • Parcel Number: 12831210700
  • Topography: Rolling,Sloped
  • Lot Size Acres: 5.06
  • Lot Size Sq Ft: 220414
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Data
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1168

MLS Schools

  • Elementary School: Black Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jan 22, 2024
Sold by
R & J Development Company Llc
Bought by
Dermanoski Brian and Dermanoski Debbie
Seller's Agent
John Duerr
Coldwell Banker Evergreen
Buyer's Agent
Brian Dermanoski
Blue Summit Realty LLC
List Price
$339,950
Sold Price
$285,000
Premium/Discount to List
-$54,950
-16.16%
Views
151
Current Estimated Value
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,000

Purchase Details

Closed on
Dec 26, 2018
Sold by
Us Bank National Association
Bought by
Rj Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,310
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2018
Sold by
U S Bank National Association
Bought by
U S Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,310
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2016
Sold by
Nygren Lyle E and Nygren Vanessa J
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 11, 2015
Sold by
Nygren Lyle E and Nygren Vanessa J
Bought by
Us Bank National Association
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
Dermanoski Brian $285,000 Stewart Title
Rj Development Llc $849,450 Nextitle
U S Bank National Association -- Nextitle
Us Bank National Association $840,900 None Available
Us Bank National Association $840,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rj Development Llc $211,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2024 01/23/24 Sold $285,000 -16.2% --
11/25/2023 11/25/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $339,950 0.0% --
08/04/2023 08/04/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $339,950 -2.9% --
03/14/2023 03/14/23 For Sale $349,950 -- --
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 $1,295 $174,400 $174,400 --
2023 $1,295 $147,300 $147,300 $0
2022 $1,229 $133,500 $133,500 $0
2021 $1,287 $118,700 $118,700 $0
2020 $1,584 $114,400 $114,400 $0
2019 $27 $136,900 $136,900 $0
2018 $27 $770 $770 $0
2017 $27 $750 $750 $0
2016 $27 $710 $710 $0
2014 -- $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2043901

Northwest Multiple Listing Service (NWMLS)

APN: 12831210700