NOT LISTED FOR SALE

5308 Heights Ln NE Olympia, WA 98506

Estimated Value: $842,000 - $936,000

3 Beds
3 Baths
2,623 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $540,000 $206 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,492/month

Highlights

  • Attached Garage
  • Boston Harbor Elementary School Rated A-
  • Wood Siding

About This Home

As of November 2019

This home is located at 5308 Heights Ln NE, Olympia, WA 98506 since 08 November 2019 and is currently estimated at $894,168, approximately $340 per square foot. This property was built in 1993. 5308 Heights Ln NE is a home located in Thurston County with nearby schools including Boston Harbor Elementary School, Reeves Middle School, and Avanti High School.

Last Buyer's Agent

Nisha Smith

John L. Scott Dupont License #27230

John L. Scott Dupont

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1549447

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,739

Year Built

  • Built in 1993

Lot Details

  • 2.5

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Septic System

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 12925130802

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,739

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 2623

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Olympia

Lot Info

  • Lot Sq Ft: 108900
  • Parcel Number: 12925130802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Nov 5, 2019
Sold by
Somenott Benjamin M and Somenott Jennifer K
Bought by
Volk John
Buyer's Agent
Nisha Smith
John L. Scott Dupont
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$894,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,168
Avg. Annual Appreciation
9.68%
Original Mortgage
$472,500
Outstanding Balance
$420,144
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$507,888

Purchase Details

Listed on
Sep 18, 2015
Closed on
May 20, 2016
Sold by
Ghussein Ranyah
Bought by
Somerlott Benjamin M and Somerlott Jennifer K
Seller's Agent
Palmer Higa
BHGRE - Northwest Home Team
Buyer's Agent
Dick Pierson
Van Dorm Realty, Inc.
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Original Mortgage
$332,000
Interest Rate
3.59%
Mortgage Type
New Conventional
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
Volk John $540,000 Chicago Title Company Of Wa
Somerlott Benjamin M $309,719 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volk John $472,500
Previous Owner Somerlott Benjamin M $332,000
Previous Owner Ghussein Mohd S $35,374
Previous Owner Ghussein Mohd S $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $540,000 0.0% $206 / Sq Ft
11/08/2019 11/08/19 For Sale $540,000 +74.2% $206 / Sq Ft
05/23/2016 05/23/16 Sold $310,000 -8.8% $118 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $340,000 0.0% $130 / Sq Ft
09/27/2015 09/27/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $340,000 -- $130 / 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 $8,739 $872,100 $277,700 $594,400
2023 $8,739 $847,400 $250,200 $597,200
2022 $7,879 $816,300 $196,700 $619,600
2021 $7,382 $684,000 $189,500 $494,500
2020 $6,409 $587,900 $151,300 $436,600
2019 $5,669 $496,600 $144,300 $352,300
2018 $5,839 $474,800 $122,800 $352,000
2017 $5,433 $428,050 $112,350 $315,700
2016 $5,781 $451,500 $105,500 $346,000
2014 -- $444,400 $99,600 $344,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1549447

Northwest Multiple Listing Service (NWMLS)

APN: 12925130802