$550,000
SOLD JAN 14, 2021

5020 Gold Ridge Ln SW Olympia, WA 98512

3 Beds
1 Bath
2,124 Sq Ft
5 Acres

Recently Sold

$259 Per Sq Ft

5 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Territorial View
  • Black Lake Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2024

Truly a Rare Gem. What a great opportunity to own a special home in an exclusive gated community of exquisite properties. You will fall in love the moment you start down the long tree lined drive. This exceptional home welcomes you upon your arrival at the end of the quiet cul de sac. Sitting atop an expansive 3 car garage with extra deep RV bay this 2124sf rambler boasts a beautiful kitchen with hardwood floors, granite counters, stainless appliances and gorgeous cabinetry. Step out onto the large elevated deck to enjoy the spectacular views. Large master with 3/4 bath, 2 ample sized bedrooms with shared full bath and wonderful living room warmed by cozy fireplace and surrounded by windows. Home has new septic and well installed 2020.

Last Agent to Sell the Property

Robert McFadden

RE/MAX Advantage License #51108 Listed on: 12/21/2020

RE/MAX Advantage

Last Buyer's Agent

Tyler Knittle

BHGRE - Northwest Home Team License #20111945

BHGRE - Northwest Home Team

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1711075

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,796

Year Built

  • Built in 2006

Lot Details

  • Cul-De-Sac
  • Gated Home
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned RRR 1/5

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Propane
  • Well
  • Septic System

Community Details

  • Black Lake Community

Listing and Financial Details

  • Assessor Parcel Number 12831220102

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,796

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, Skylights
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2124
  • Square Footage Finished: 2124

Exterior Features

  • Exterior: Cement Planked, Stone
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Garage-Propane
  • Water Source: Individual Well

Condo/Co-op/Association

  • HOA Fees: 10
  • Community Name: Black Lake

Schools

  • Elementary School: Black Lake Elem
  • Middle School: Tumwater Mid
  • High School: A G West Black Hills
  • School District: TUM

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 238299
  • Lot Topography Vegetation: Level, Partial Slope, Wooded
  • Parcel Number: 12831220102
  • Zoning Code: RRR 1/5
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 5079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Oct 17, 2024
Sold by
Stephens Dirk
Bought by
Panesko John and Panesko Marie
Seller's Agent
Parker Stephens
BHGRE - Northwest Home Team
Buyer's Agent
Kyle Graham
Dove Realty, Inc.
List Price
$865,000
Sold Price
$840,000
Premium/Discount to List
-$25,000
-2.89%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $840,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $284,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $895,000 -2.2% $421 / Sq Ft
06/02/2025 06/02/25 For Sale $915,000 +8.9% $431 / Sq Ft
10/22/2024 10/22/24 Sold $840,000 -2.9% $395 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $865,000 +57.3% $407 / Sq Ft
01/14/2021 01/14/21 Sold $550,000 0.0% $259 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $550,000 -- $259 / 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 $6,796 $679,800 $267,300 $412,500
2023 $6,796 $619,200 $233,400 $385,800
2022 $5,784 $566,900 $185,500 $381,400
2021 $3,406 $466,300 $160,700 $305,600
2020 $5,054 $245,500 $107,900 $137,600
2019 $6,729 $358,100 $73,800 $284,300
2018 $6,061 $523,800 $77,100 $446,700
2017 $6,138 $443,050 $65,350 $377,700
2016 $5,882 $367,650 $66,250 $301,400
2014 -- $421,100 $53,200 $367,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1711075

Northwest Multiple Listing Service (NWMLS)

APN: 12831220102