NOT LISTED FOR SALE

5333 Rehklau Rd SE Olympia, WA 98513

Estimated Value: $596,000 - $728,000

3.69 Acres
$180,416 Price per Acre
160,736 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $499,000 $298 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,036/month

164 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Secluded Lot
  • Community Boat Launch

About This Lot

As of March 2020

Ready to live on ISLAND time? Enjoy the rest of this Summer on the private Dollar Island. Enjoy the feeling of remoteness, yet still be close to town. Almost 4 acres of old growth timber, beauty and wildlife await! Build/explore/camp in seclusion on the island.INSTALLED 4 bedroom septic and water rights. Ask how to connect the utilities! Awesome opportunity for VRBO, or rent for private events! A magical opportunity awaits!

Last Agent to Sell the Property

Courtney Drennon

Morrison House Sotheby's Intl License #74829 Listed on: 07/09/2019

Morrison House Sotheby's Intl

Last Buyer's Agent

Courtney Drennon

Morrison House Sotheby's Intl License #74829 Listed on: 07/09/2019

Morrison House Sotheby's Intl

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1486681

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,475

Lot Details

  • Low Bank Waterfront Property
  • Secluded Lot
  • Sloped Lot

Property Views

  • Lake
  • Territorial

Utilities

  • Water Rights
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 21831410400

Community Details

Overview

  • Lake St Clair Community

Recreation

  • Community Boat Launch

Property Details

Property Type

Land

Est. Annual Taxes

$5,475

Lot Details

0

Listing Details

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

Interior Features

  • Approved Number of Bedrooms: 4

Exterior Features

  • Road Information: Paved
  • View: Lake, Territorial
  • Waterfront: Bank-Low, Lake, No Bank
  • Waterfront Frontage: 1402 +/-

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 4
  • Septic System Installed: Y
  • Sewer: Not Available
  • Water: Water Rights

Condo/Co-op/Association

  • Community Name: Lake St Clair
  • Community Features: Boat Launch

Schools

  • School District: NTN

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Boat House, Dock, Outbuilding(s)
  • Lot Details: Secluded
  • Lot Sq Ft: 160582
  • Parcel Number: 21831410400
  • Topography: Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 2270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 1999
Sold by
Aames Capital Corp
Bought by
Ikerd Clifford G and Ikerd Judith K
Current Estimated Value
$657,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
6.7%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Smith Laura R
Bought by
Aames Capital Corp

Purchase Details

Closed on
May 1, 1997
Sold by
Vincent Donna L and Vincent Winston J
Bought by
Smith Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.98%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Smith Laura R
Bought by
Smith Laura R and Vincent Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ikerd Clifford G $149,503 Transnation Title Insurance
Aames Capital Corp $123,772 Transnation Title Insurance
Smith Laura R -- First American Title
Smith Laura R -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikerd Clifford G $120,000
Closed Ikerd Clifford G $60,000
Closed Ikerd Clifford G $135,600
Previous Owner Smith Laura R $160,000
Previous Owner Smith Laura R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $499,000 0.0% $298 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
11/02/2019 11/02/19 Price Changed $499,000 -16.7% $298 / Sq Ft
07/09/2019 07/09/19 For Sale $599,000 -- $358 / 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 $5,475 $581,500 $355,300 $226,200
2023 $5,475 $564,700 $344,900 $219,800
2022 $5,195 $526,800 $268,200 $258,600
2021 $4,239 $476,300 $265,700 $210,600
2020 $3,725 $332,500 $173,900 $158,600
2019 $2,929 $286,200 $97,100 $189,100
2018 $3,490 $254,400 $85,100 $169,300
2017 $3,169 $238,350 $102,750 $135,600
2016 $3,505 $237,500 $85,300 $152,200
2014 -- $249,250 $90,950 $158,300
Source: Public Records

Agents Affiliated with this Home

  • Courtney Drennon

    Seller's Agent in 2020

    Courtney Drennon

    Morrison House Sotheby's Intl

    (360) 790-0262

    115 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1486681

Northwest Multiple Listing Service (NWMLS)

APN: 21831440101

Washington Thurston County Olympia 98513

5333 Rehklau Rd SE, Olympia, WA

This home is located at 5333 Rehklau Rd SE, Olympia, WA 98513 since 09 July 2019 and is currently estimated at $665,734, approximately $398 per square foot. 5333 Rehklau Rd SE is a home located in Thurston County with nearby schools including Southworth Elementary School, Yelm Middle School, and Yelm High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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