Listed by Olympic Sotheby's Int'l Realty, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

5001 Sunrise Beach Rd NW Olympia, WA 98502

Estimated Value: $668,000 - $878,000

1 Bed
1 Bath
540 Sq Ft
$1,359/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $260,000 $481 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $4,380/month

865 Days on Market

Highlights

  • Views of a Sound
  • Tideland Water Rights
  • Wall to Wall Carpet
  • Property fronts a saltwater canal
  • Wood Siding
  • Cabin

About This Home

As of April 2015

Fantastic opportunity to own over 200± feet of low bank salt waterfront on Eld Inlet. Perfect location to build your dream home with Eastern exposure and acres of treed privacy. Beach front cabin offers beautiful building site. Shared well with neighboring property. This property truly offers a piece of serenity.

Last Agent to Sell the Property

Barb Furman

Olympic Sotheby's Int'l Realty License #5963 Listed on: 10/24/2012

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Kathy Holt

John L. Scott, Inc. License #27535

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM417982

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1940

Lot Details

  • Property fronts a saltwater canal
  • Sloped Lot
  • Value in Land

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Cabin
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Tideland Water Rights
  • Bulkhead

Community Details

  • Steamboat Island Community

Listing and Financial Details

  • Assessor Parcel Number 12931322400

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,653

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Additional Dwelling, Built On Lot
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 540
  • Square Footage Finished: 540

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Sound
  • Waterfront: Bank-Medium, Bulkhead, Saltwater, Sound, Tideland Rights

Utilities

  • Heating And Cooling: Baseboard
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Steamboat Island

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Details: Paved Street, Value In Land
  • Lot Sq Ft: 92347
  • Lot Topography Vegetation: Sloped
  • Parcel Number: 12931322400
  • Zoning Jurisdiction: County
  • Lot Topography: Sloped

Tax Info

  • Tax Amount: 3913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Mar 23, 2015
Sold by
Canray Llc
Bought by
Morris James A and Morris Cheryl L
Seller's Agent
Barb Furman
Olympic Sotheby's Int'l Realty
Buyer's Agent
Kathy Holt
John L. Scott, Inc.
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$733,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,999
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Aug 31, 2010
Sold by
Lindskog Jack A
Bought by
Canray Llc

Purchase Details

Closed on
Jan 2, 2007
Sold by
Lindskog Vernon L
Bought by
Lindskog Vernon L and Lindskog Jack A
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
Morris James A $259,719 Thurston County Title
Canray Llc -- None Available
Lindskog Vernon L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $260,000 -5.5% $481 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
09/23/2014 09/23/14 Price Changed $275,000 0.0% $509 / Sq Ft
09/23/2014 09/23/14 For Sale $275,000 +5.8% $509 / Sq Ft
06/19/2014 06/19/14 Off Market $260,000 -- --
03/21/2014 03/21/14 Price Changed $300,000 -16.7% $556 / Sq Ft
09/20/2013 09/20/13 Price Changed $360,000 -5.0% $667 / Sq Ft
10/24/2012 10/24/12 For Sale $379,000 -- $702 / 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 $4,653 $729,800 $615,000 $114,800
2023 $4,653 $602,900 $481,200 $121,700
2022 $4,425 $515,700 $397,400 $118,300
2021 $3,828 $483,900 $398,900 $85,000
2020 $4,539 $401,700 $347,800 $53,900
2019 $3,690 $416,400 $371,900 $44,500
2018 $3,908 $323,200 $292,000 $31,200
2017 $2,565 $213,150 $179,650 $33,500
2016 $3,659 $298,450 $245,950 $52,500
2014 -- $298,100 $248,500 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM417982

Northwest Multiple Listing Service (NWMLS)

APN: 12931322400