Listed by Windermere Bellevue Commons
$1,250,000
SOLD NOV 7, 2023

5415 Johnson Point Rd NE Olympia, WA 98516

4 Beds
3.5 Baths
2,664 Sq Ft
10.26 Acres

Recently Sold

$469 Per Sq Ft

11% Below List Price

5 Days on Market

Highlights

  • Low Bank Waterfront Property
  • 10.26 Acre Lot
  • Deck
  • Views of a Sound
  • Fruit Trees
  • Contemporary Architecture

About This Home

As of November 2023

Enjoy direct access to the pristine waters of Henderson Inlet, perfect for kayaking, paddleboarding, fishing, oyster gathering or birdwatching. A rare find in waterfront properties, you can wander through your very own enchanted forest, where towering Evergreens create a serene ambiance, or you can enjoy the expanse of open land boasting century-old fruit trees near the 235 ft of waterfront. The 4 bedroom, 3.25 bath house gives you plenty of space to entertain and relax. Unwind in the evening on the expansive western-facing deck with front-row seats to awe-inspiring sunsets painting the sky. You'll get unmatched privacy and potential for endless outdoor adventures in this amazing location.

Last Agent to Sell the Property

Linda Peffer

Windermere Bellevue Commons License #140632 Listed on: 09/14/2023

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2159353

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,080

Year Built

  • Built in 1980

Lot Details

  • 10.26 Acre Lot
  • Lot Dimensions are 1902' x 235'
  • Low Bank Waterfront Property
  • 235 Feet of Waterfront
  • Ocean Front
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Open Space
  • Street terminates at a dead end
  • West Facing Home
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Stove
  • Dishwasher

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Schools

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

Farming

  • Pasture

Utilities

  • Forced Air Cooling System
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Johnson Point Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 11929110401
  • Assessor Parcel Number 11929110401

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,080

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1980
  • Inclusions: Dishwasher,DoubleOven,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3312
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 617

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Partially Finished
  • Appliances: Dishwasher, Double Oven, Refrigerator, Stove/Range
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Carpet
  • Interior Amenities: Wall to Wall Carpet, Bath Off Primary, Dining Room, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 2664
  • Main Level Bedrooms: 3
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2664
  • SquareFootageUnfinished: 648
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Refrigerator,Stove/Range
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • Lot Features: Adjacent to Public Land, Dead End Street, Open Space, Secluded, Value In Land
  • View: Yes
  • Waterfront Features: Bank-Low, Bay/Harbor, Saltwater, Sea, Sound
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 235
  • WaterAccess: Beach Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: N/A
  • WaterCompany: N/A
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric - 50 gal
  • CableConnected: Direct TV
  • InternetConnected: Century Link

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 11929110401
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 10.26
  • Lot Size: 1902' x 235'
  • Lot Size Sq Ft: 446926
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: 11929110401

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11080

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 25, 2023
Sold by
Louthain Jerome L and Louthain Donna J
Bought by
Capitol Land Trust
Seller's Agent
Linda Peffer
Windermere Bellevue Commons
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$350,000
Outstanding Balance
$61,873
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$1,216,154

Purchase Details

Closed on
Jan 31, 2018
Sold by
Wortley Richard and Wortley Barbara
Bought by
Louthain Jerome and Louthain Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.99%
Mortgage Type
Unknown
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 $1,250,000 Thurston County Title
Quit Claim Deed $150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $332,000 New Conventional
Previous Owner $138,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $935,000 -25.2% $351 / Sq Ft
11/07/2023 11/07/23 Sold $1,250,000 -10.7% $469 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,400,000 -- $526 / 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 $10,394 $1,132,800 $547,300 $585,500
2023 $10,394 $834,200 $264,500 $569,700
2022 $6,734 $748,200 $189,500 $558,700
2021 $5,543 $579,700 $180,100 $399,600
2020 $4,755 $441,400 $158,200 $283,200
2019 $3,869 $388,300 $149,800 $238,500
2018 $4,674 $346,800 $131,500 $215,300
2017 $5,290 $407,450 $109,750 $297,700
2016 $4,819 $375,050 $120,750 $254,300
2014 -- $361,250 $115,850 $245,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2159353

Northwest Multiple Listing Service (NWMLS)

APN: 11929110401