Listed by BHGRE - Northwest Home Team, Bought with Dove Realty, Inc.
$840,000
SOLD OCT 22, 2024

5020 Gold Ridge Ln SW Olympia, WA 98512

3 Beds
2 Baths
2,124 Sq Ft
5.47 Acres

Recently Sold

$395 Per Sq Ft

3% Below List Price

55 Days on Market

Highlights

  • Rooftop Deck
  • RV Access or Parking
  • Secluded Lot
  • Black Lake Elementary School Rated A-
  • Gated Community
  • Wooded Lot

About This Home

As of October 2024

This hidden gem welcomes you upon your arrival at the end of a quiet cul de sac on 5.5 acres. Sitting atop this 2,450sf +/- oversized expansive shop, is a 2,124sf rambler with recent updates. This turn key home boasts a beautiful kitchen with brand new floors, quartz countertops, new stainless-steel appliances, and gorgeous cabinetry that you can then step out onto a large elevated deck to enjoy the spectacular views. This home also includes an exquisite large master, 2 ample sized bedrooms with a shared full bath, and a wonderful living room surrounded by windows with a cozy fireplace. Located just minutes from downtown Olympia in an exclusive gated community of exquisite properties.

Last Agent to Sell the Property

Parker Stephens

BHGRE - Northwest Home Team License #22018702 Listed on: 08/13/2024

BHGRE - Northwest Home Team

Last Buyer's Agent

Kyle Graham

Dove Realty, Inc. License #97318

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2277391

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,796

Year Built

  • Built in 2006

Lot Details

  • 5.47 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Secluded Lot
  • Irrigation
  • Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Stove
  • <<microwave>>
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Rooftop Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12831220102

Community Details

Overview

  • Jeff Yates Association
  • Secondary HOA Phone (360) 918-6037
  • Black Lake Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,796

Year Built

Built in 2006

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2006
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwasher(s),LeasedEquipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2124
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 327

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Dining Room, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater
  • Living Area: 2124
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • SquareFootageFinished: 2124
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Open Space, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: SecurityGate
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 10
  • Association Fee Frequency: Monthly
  • Phone: 360-918-6037
  • Association: Yes
  • AssociationContactName: Jeff Yates

Schools

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

Lot Info

  • Parcel Number: 12831220102
  • Land Lease: No
  • Lot Size Acres: 5.4706
  • Lot Size Sq Ft: 238299
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Gated Entry,Irrigation,Patio,Propane,Rooftop Deck,RV Parking,Shop
  • MLSLotSizeSource: Survey
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • IrrigationComments: Has Inrigation

Green Features

  • Power Production Type: Propane

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6796

Multi Family

  • EnergySource: Propane

MLS Schools

  • Elementary School: Black Lake Elem

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: 2277391

Northwest Multiple Listing Service (NWMLS)

APN: 12831220102