Listed by City Realty, Inc., Bought with RE/MAX Exclusive
NOT LISTED FOR SALE

5405 Lemon Rd NE Olympia, WA 98506

Estimated Value: $631,000 - $759,000

4 Beds
2 Baths
1,920 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $500,000 $260 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,480/month

152 Days on Market

Highlights

  • Horses Allowed On Property
  • Territorial View
  • Patio
  • RV Access or Parking
  • Storm Windows
  • Pasture

About This Home

As of September 2020

Beautifully updated 4 bed home on cleared flat 4.5 acre lot in South Bay area! Great opportunity for mini farm, horses, or just enjoy the peace & quiet. All new laminate flooring throughout living room, kitchen, hall. Open concept living with vaulted ceiling & stylish shiplap wall to separate living & dining. All new kitchen with white cabinets, granite slab, subway tile, stainless steel appliances. Master suite with new tile walk-in shower. New roof & ductless heat pump mini-split with A/C!

Last Agent to Sell the Property

Mike Conner

City Realty, Inc. License #24805 Listed on: 03/19/2020

City Realty, Inc.

Last Buyer's Agent

Brenda Kelley

RE/MAX Exclusive License #4981

RE/MAX Exclusive

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1580754

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 2002

Lot Details

  • 4.53 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Property is in very good condition

Parking

  • 4 Car Garage
  • Detached Carport Space
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • South Bay Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Shared Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • South Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11930210600

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,632

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2002
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 118

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Bath Off Primary, Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 1920
  • Main Level Bedrooms: 4
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 1920
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Security: Security Gate, Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electricity Available
  • PowerCompany: Puget Sound Energy
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 11930210600
  • Topography: Equestrian,Level
  • Lot Size Acres: 4.53
  • Lot Size Sq Ft: 197327
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gated Entry,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4632

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Sep 10, 2020
Sold by
Miller Mark
Bought by
Franklin Mark James and Franklin Carmen Linda
Seller's Agent
Mike Conner
City Realty, Inc.
Buyer's Agent
Brenda Kelley
RE/MAX Exclusive
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$721,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,595
Avg. Annual Appreciation
7.70%
Original Mortgage
$470,000
Outstanding Balance
$421,086
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$297,449

Purchase Details

Listed on
Nov 25, 2019
Closed on
Feb 5, 2020
Sold by
Budsberg Brian L
Bought by
Miller Mark
Seller's Agent
Kai Rainey
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Mike Conner
City Realty, Inc.
List Price
$308,000
Sold Price
$308,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.28%

Purchase Details

Closed on
Nov 16, 1998
Sold by
Fisher Paul G
Bought by
Pestinger Jason and Pestinger Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.5%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Fisher Janice M
Bought by
Fisher Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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Average Value
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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
Franklin Mark James $500,000 Fatco
Miller Mark $308,000 First American Title Ins Co
Pestinger Jason $79,750 First American Title Ins Co
Pestinger Jason $79,750 First American Title Ins Co
Fisher Paul G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Mark James $470,000
Previous Owner Pestinger Jason P $20,000
Previous Owner Pestinger Jason P $15,000
Previous Owner Pestinger Jason $100,000
Previous Owner Pestinger Jason P $32,000
Previous Owner Pestinger Jason P $200,135
Previous Owner Pestinger Jason $70,000
Closed Pestinger Jason --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $500,000 0.0% $260 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $500,000 0.0% $260 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $500,000 0.0% $260 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $500,000 0.0% $260 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $500,000 0.0% $260 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $500,000 -3.8% $260 / Sq Ft
04/28/2020 04/28/20 Price Changed $519,900 -1.0% $271 / Sq Ft
04/20/2020 04/20/20 Price Changed $525,000 -1.9% $273 / Sq Ft
04/05/2020 04/05/20 Price Changed $534,900 -2.7% $279 / Sq Ft
03/19/2020 03/19/20 For Sale $550,000 +78.6% $286 / Sq Ft
02/07/2020 02/07/20 Sold $308,000 0.0% $160 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/30/2019 12/30/19 Price Changed $308,000 0.0% $160 / Sq Ft
12/30/2019 12/30/19 For Sale $308,000 +16.2% $160 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $265,000 -- $138 / 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 $5,926 $640,000 $305,200 $334,800
2023 $5,926 $608,500 $271,800 $336,700
2022 $5,574 $602,300 $222,600 $379,700
2021 $5,103 $472,100 $208,900 $263,200
2020 $4,632 $400,400 $190,700 $209,700
2019 $4,283 $372,700 $158,500 $214,200
2018 $4,819 $353,000 $128,800 $224,200
2017 $4,452 $337,100 $139,000 $198,100
2016 $4,401 $330,000 $126,800 $203,200
2014 -- $324,800 $122,300 $202,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1580754

Northwest Multiple Listing Service (NWMLS)

APN: 11930210600