NOT LISTED FOR SALE

4849 Johnson Point Rd NE Olympia, WA 98516

Estimated Value: $381,000

51.77 Acres
$7,359 Price per Acre
2,255,101 Sq Ft Lot

Last Sold April 22, 2016

Last sale price $536,000

Est. 29% decrease in value since last sale

Current estimated payment $2,024/month

227 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Territorial View
  • Lot Has A Rolling Slope

About This Lot

As of April 2016

Old waterfront tree farm/farm 4 miles from Olympia in four separate parcels 3-29 acres, favorable zoning and 900+/- ft of tidal waterfront. The main property was logged about 15 years ago & replanted with mixed results. Likely 4-5 acres of 30+ year old timber. Balance of property slopes gently to west with scattered trees and badly overgrown pasture. There's an old barn in tough shape DON'T GO IN IT! Prop in DFL tax status continued at closing. Call your Broker to show.

Last Agent to Sell the Property

Ray Jones

Coldwell Banker Bain Listed on: 04/07/2015

Last Buyer's Agent

Ray Jones

Coldwell Banker Bain Listed on: 04/07/2015

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM767370

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $49

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Lot Has A Rolling Slope

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 119282030200

Property Details

Property Type

Land

Est. Annual Taxes

$49

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Comm. Grade Timber, Heavily Forested, Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Right of Way, Paved
  • Road On Which Sideof Property: East
  • View: Territorial
  • Waterfront: Bank-Low, No Bank, Saltwater
  • Waterfront Frontage: 900ft +/-
  • Water Jurisdiction: Drill a well

Utilities

  • Electricity: Available
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Unknown, Well Needed

Condo/Co-op/Association

  • Community Name: Olympia

Schools

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

Lot Info

  • Easements: Recorded
  • General Zoning Classification: Forestry, Residential
  • Improvements: Fenced-Partially
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: irregular
  • Lot Sq Ft: 2255101
  • Parcel Number: 119282030200
  • Slopeof Property: Gentle Slope West
  • Survey: Recorded
  • Topography: Rolling, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: RRR 1/5

Tax Info

  • Tax Amount: 240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2018
Sold by
Capitol Land Trust
Bought by
State Of Washington and Recreation And Convervation Funding Boar
Current Estimated Value
$381,000

Purchase Details

Listed on
Apr 7, 2015
Closed on
Apr 11, 2016
Sold by
Hay Diana Sue
Bought by
Capitol Land Trust
Seller's Agent
Ray Jones
Coldwell Banker Bain
Buyer's Agent
Ray Jones
Coldwell Banker Bain
List Price
$695,000
Sold Price
$536,000
Premium/Discount to List
-$159,000
-22.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
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
State Of Washington -- None Available
Capitol Land Trust $535,719 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capitol Land Trust $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $536,000 -22.9% --
11/20/2015 11/20/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $695,000 -- --
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 $49 $2,650 $2,650 --
2023 $49 $2,610 $2,610 $0
2022 $54 $2,540 $2,540 $0
2021 $50 $2,540 $2,540 $0
2020 $48 $2,540 $2,540 $0
2019 $45 $2,450 $2,450 $0
2018 $91 $5,420 $2,420 $3,000
2017 $154 $5,050 $2,350 $2,700
2016 $79 $4,640 $2,240 $2,400
2014 -- $4,590 $2,190 $2,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM767370

Northwest Multiple Listing Service (NWMLS)

APN: 11928320500