NOT LISTED FOR SALE

5747 Capitol Forest Loop SW Olympia, WA 98512

Estimated Value: $893,573 - $988,000

4 Beds
3 Baths
2,971 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $888,000 $299 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,043/month

9 Days on Market

Highlights

  • Pond View
  • Deck
  • 2 Fireplaces
  • Black Lake Elementary School Rated A-
  • Wooded Lot
  • Walk-In Pantry

About This Home

As of April 2024

Amazing 1.4 acre parcel in desirable neighborhood of Cougar Ridge. This private, treed parcel backs up to greenbelt and McLane creek nature trails. Wonderful views off the radiant heated, covered back porch. Near new, beautiful 2971 square foot, 4 bedroom home with luxurious features throughout, including huge island kitchen with chefs appliances and quartz counters, deluxe master bath with large soaking tub and 2 head tile shower, extensive hard surface flooring, 2 gas fireplaces, and huge 3 car garage. Tranquility and privacy abound. Plenty of room for potential shop.

Last Agent to Sell the Property

Brian Dermanoski

Blue Summit Realty LLC License #23411 Listed on: 03/06/2024

Last Buyer's Agent

Tami Wooding

Berkshire Hathaway HS NW License #3086

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2207528

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 2021

Lot Details

  • 1.4 Acre Lot
  • Open Space
  • Brush Vegetation
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Pond
  • Territorial

Home Design

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

Interior Spaces

  • 2,971 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Storm Windows
  • Partially Finished Basement

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by High Definition Homes LLC
  • Olympia Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 42380006600

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,076

Year Built

Built in 2021

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2021
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Microwaves,Refrigerators,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cougar Ridge
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2971
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 431

Interior Features

  • Fireplaces: 2
  • Basement: Partially Finished
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Sprinkler System, Walk-In Closet(s), Walk-In Pantry, Fireplace
  • Living Area: 2971
  • Main Level Bedrooms: 2
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2971
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Pond, See Remarks, Territorial
  • Lot Features: Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: High Definition Homes LLC
  • Exterior Features: Cement Planked, Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: 90%+ High Efficiency, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 352
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 42380006600
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 1.4
  • Lot Size Sq Ft: 60984
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8076

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 15, 2024
Sold by
Cora 2 Llc
Bought by
Spinella Joe and Spinella Anne
Seller's Agent
Brian Dermanoski
Blue Summit Realty LLC
Buyer's Agent
Tami Wooding
Berkshire Hathaway HS NW
List Price
$899,950
Sold Price
$888,000
Premium/Discount to List
-$11,950
-1.33%
Total Days on Market
9
Views
46
Current Estimated Value
$944,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,143
Avg. Annual Appreciation
5.48%
Original Mortgage
$588,000
Outstanding Balance
$580,616
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$363,527

Purchase Details

Closed on
Dec 16, 2022
Sold by
High Definition Homes Llc
Bought by
Cora 2 Llc

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 17, 2020
Sold by
Bitar Douglas and Bitar Bradley
Bought by
High Definition Homes Llc
Seller's Agent
Dan Sweeney
RE/MAX Parkside Affiliates
Buyer's Agent
Brian Dermanoski
Blue Summit Realty LLC
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.34%
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 Buyer Sale Price Title Company
Spinella Joe $888,000 First American Title
Cora 2 Llc -- Land Title
High Definition Homes Llc $120,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinella Joe $588,000
Previous Owner High Definition Homes Llc $600,000
Previous Owner High Defintion Homes Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $888,000 -1.3% $299 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $899,950 +650.0% $303 / Sq Ft
07/20/2020 07/20/20 Sold $120,000 +0.1% --
06/05/2020 06/05/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $119,900 -- --
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 $8,879 $861,700 $227,400 $634,300
2023 $8,879 $807,400 $195,400 $612,000
2022 $7,983 $738,700 $128,000 $610,700
2021 $1,325 $636,000 $125,400 $510,600
2020 $1,277 $118,000 $118,000 $0
2019 $1,124 $110,000 $110,000 $0
2018 $1,259 $109,000 $109,000 $0
2017 $1,218 $102,000 $102,000 $0
2016 $1,104 $92,200 $92,200 $0
2014 -- $89,950 $89,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2207528

Northwest Multiple Listing Service (NWMLS)

APN: 42380006600