Listed by Engel & Voelkers Chambers Bay, Bought with Pellego, Inc.
$1,100,000
SOLD MAY 19, 2025

5639 Cedar Flats Rd SW Olympia, WA 98512

4 Beds
3.5 Baths
4,553 Sq Ft
15.04 Acres

Recently Sold

$242 Per Sq Ft

18% Below List Price

44 Days on Market

Highlights

  • Greenhouse
  • Spa
  • 15.04 Acre Lot
  • Thurgood Marshall Middle School Rated A-
  • RV Access or Parking
  • Fruit Trees

About This Home

As of May 2025

This isn’t just a home; it’s a story waiting to be written! Experience the ideal blend of privacy and adventure on this serene 15-acre estate. Wake up to the sounds of nature, walk through your sun-soaked main living area with exposed wood beams, sip coffee on the wraparound decks, and explore private trails from your backyard. Reimagine gatherings in a gourmet kitchen, custom theater, and expansive outdoor spaces. An oversized 30x40 shop, separate fenced livestock areas, fruit trees, and a chicken coop alongside raised garden beds yield limitless possibilities outdoors. Meanwhile, modern updates, including a whole-home standby generator, provide comfort and ease inside. Contact us for a list of home improvements and an inspection report

Last Agent to Sell the Property

Karley Oswald

Engel & Voelkers Chambers Bay License #20110993 Listed on: 03/05/2025

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Alex Miyamura

Pellego, Inc. License #22018844

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2339654

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,102

Year Built

  • Built in 2004

Lot Details

  • 15.04 Acre Lot
  • Dirt Road
  • Open Space
  • Street terminates at a dead end
  • North Facing Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is in very good condition

Parking

  • 4 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 4,553 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Sport Court
  • Deck
  • Patio
  • Greenhouse

Schools

  • Mclane Elementary School
  • Marshall Middle School
  • Capital High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Propane
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling

Listing and Financial Details

  • Assessor Parcel Number 13824430400

Community Details

Overview

  • No Home Owners Association
  • Delphi Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,102

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 17 - 1 1/2 Stry w/Bsmt
  • Year Built: 2004
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4553
  • SeniorExemption: false
  • SOCComments: Must show to receive full compensation
  • Special Features: VirtualTour
  • Cumulative Days on Market: 53

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Vinyl Plank, Carpet
  • Interior Amenities: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Skylight(s), Walk-In Pantry
  • Living Area: 4553
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Bathrooms: 3.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 4553
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Dirt Road, Open Space, Secluded, Value In Land
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Direction Faces: North
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Security: Partially Fenced, Security System
  • Cooling: 90%+ High Efficiency, Central A/C, Ductless, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Ductless, Forced Air, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Trail(s)
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Marshall Middle

Lot Info

  • Parcel Number: 13824430400
  • Topography: Level,Partial Slope,Terraces
  • Land Lease: No
  • Lot Size Acres: 15.04
  • Lot Size Sq Ft: 655142
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Deck,Electric Car Charging,Fenced-Partially,Green House,High Speed Internet,Hot Tub/Spa,Irrigation,Patio,Propane,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2025
  • Tax Annual Amount: 14102

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
May 16, 2025
Sold by
Carlin Joshua M and Carlin Rachel E
Bought by
Miyamura Alexander
Seller's Agent
Karley Oswald
Engel & Voelkers Chambers Bay
Buyer's Agent
Alex Miyamura
Pellego, Inc.
List Price
$1,340,000
Sold Price
$1,100,000
Premium/Discount to List
-$240,000
-17.91%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.72%
Original Mortgage
$876,441
Outstanding Balance
$876,441
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$313,118

Purchase Details

Closed on
May 3, 2011
Sold by
The Bank Of New York Mellon
Bought by
Gallagher Andria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2010
Sold by
Geraci Joseph P and Geraci Linda J
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 28, 2003
Sold by
Payne Morris L and Payne Carolyn S
Bought by
Geraci Joseph P and Geraci Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%
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 $1,100,000 Chicago Title
Special Warranty Deed $394,500 Chicago Title Company
Trustee Deed $364,417 None Available
Warranty Deed $150,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $876,441 New Conventional
Previous Owner $104,500 New Conventional
Previous Owner $269,800 New Conventional
Previous Owner $269,500 New Conventional
Previous Owner $322,000 Credit Line Revolving
Previous Owner $305,600 Credit Line Revolving
Previous Owner $137,500 Stand Alone Second
Previous Owner $412,500 Unknown
Previous Owner $82,500 Stand Alone Second
Previous Owner $18,000 Stand Alone Second
Previous Owner $400,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $1,100,000 0.0% $242 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $1,100,000 -12.0% $242 / Sq Ft
04/09/2025 04/09/25 Price Changed $1,250,000 -6.7% $275 / Sq Ft
03/05/2025 03/05/25 For Sale $1,340,000 -1.1% $294 / Sq Ft
04/22/2022 04/22/22 Sold $1,354,250 -7.1% $297 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $1,458,500 -- $320 / 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 $13,630 $1,286,000 $220,000 $1,066,000
2023 $13,630 $1,232,500 $188,800 $1,043,700
2022 $11,360 $1,082,700 $175,000 $907,700
2021 $9,202 $914,200 $171,100 $743,100
2020 $8,498 $671,700 $116,600 $555,100
2019 $8,344 $606,200 $111,100 $495,100
2018 $7,964 $581,700 $105,600 $476,100
2017 $7,538 $569,050 $81,550 $487,500
2016 $6,525 $464,900 $75,100 $389,800
2014 -- $484,050 $59,950 $424,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2339654

Northwest Multiple Listing Service (NWMLS)

APN: 13824430400