Listed by RSVP Brokers ERA, Bought with eXp Realty
$660,000
SOLD SEP 25, 2024

5520 Johnson Point Rd NE Olympia, WA 98516

3 Beds
2 Baths
1,883 Sq Ft
2.27 Acres

Recently Sold

$351 Per Sq Ft

6% Below List Price

64 Days on Market

Highlights

  • Horses Allowed On Property
  • Fruit Trees
  • Territorial View
  • RV Access or Parking
  • Secluded Lot
  • Wood Flooring

About This Home

As of September 2024

Recently updated custom built rambler on 2.27 acres near Tolmie State Park. Features paved circular driveway tucked in a park like setting with plenty of space to entertain. Smaller outbuildings for storage at present. Lots of wildlife to endure and space to enjoy your sanctuary. Many different choices of heat source. Custom built for wide hallways and easy access from the garage. County porch accents the front of this county setting. Private driveway with only four homes on the lane. Private well and septic. Must come see! For the right buyer, lease to own option available.

Last Agent to Sell the Property

Vickie Le

RSVP Brokers ERA License #25001787 Listed on: 06/26/2024

RSVP Brokers ERA

Last Buyer's Agent

Ron Rougeaux

eXp Realty License #20109842

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2250539

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1978

Lot Details

  • 2.27 Acre Lot
  • Lot Dimensions are 337x299x336x300
  • Open Space
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition
  • Zoning described as RRR1/5

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,883 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Community Details

  • No Home Owners Association
  • Johnson Point Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,218

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1883
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2250539?w=Consumer&agent=44378
  • Special Features: None
  • Cumulative Days on Market: 313

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Fireplace, Hardwood, Wall to Wall Carpet, Water Heater
  • Living Area: 1883
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 1883
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FireplacesLower: 0
  • FireplacesUpper: 0
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Open Space, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 11928210101
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 2.27
  • Lot Size: 337x299x336x300
  • Lot Size Sq Ft: 98881
  • Zoning Description: RRR1/5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Outbuildings,Patio,Propane,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5218

Multi Family

  • EnergySource: Electric,Propane,Wood

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Sep 24, 2024
Sold by
Sam Tu Ngoc
Bought by
Smith Troy E and Smith Jaimie L
Seller's Agent
Vickie Le
RSVP Brokers ERA
Buyer's Agent
Ron Rougeaux
eXp Realty
List Price
$699,950
Sold Price
$660,000
Premium/Discount to List
-$39,950
-5.71%
Total Days on Market
64
Views
154
Current Estimated Value
$663,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,153
Avg. Annual Appreciation
0.70%
Original Mortgage
$614,000
Outstanding Balance
$610,425
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$52,728

Purchase Details

Closed on
Jan 4, 2024
Sold by
Vansam Man
Bought by
Sam Tu Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2023
Sold by
Eastside Funding Llc
Bought by
Sam Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,645
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 2, 2015
Sold by
Mccoach Marcella R and Woehl Marcella R
Bought by
Roach Jason J and Roach Kim Maxine
Seller's Agent
Marsha Bhatt
Keller Williams South Sound
Buyer's Agent
Ron Rougeaux
eXp Realty
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$320,000
Interest Rate
3.85%
Mortgage Type
VA
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 $660,000 First American Title
Warranty Deed $610,000 Chicago Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $319,719 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $614,000 New Conventional
Closed $594,000 Construction
Previous Owner $393,500 New Conventional
Previous Owner $41,645 Construction
Previous Owner $320,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $660,000 -0.1% $351 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $660,950 -0.8% $351 / Sq Ft
08/05/2024 08/05/24 Price Changed $665,950 -1.5% $354 / Sq Ft
07/20/2024 07/20/24 Price Changed $675,950 -2.9% $359 / Sq Ft
07/15/2024 07/15/24 Price Changed $695,950 -0.6% $370 / Sq Ft
06/26/2024 06/26/24 For Sale $699,950 +118.7% $372 / Sq Ft
07/02/2015 07/02/15 Sold $320,000 -1.5% $170 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $325,000 -- $173 / 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 $5,218 $554,700 $264,100 $290,600
2023 $5,218 $534,100 $236,000 $298,100
2022 $5,137 $490,000 $174,800 $315,200
2021 $4,595 $434,300 $174,700 $259,600
2020 $3,913 $359,600 $169,300 $190,300
2019 $3,642 $313,200 $131,700 $181,500
2018 $4,022 $293,100 $117,800 $175,300
2017 $3,763 $283,450 $123,450 $160,000
2016 -- $244,150 $103,450 $140,700
2014 -- $236,100 $97,700 $138,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2250539

Northwest Multiple Listing Service (NWMLS)

APN: 11928210101