Listed by RE/MAX Parkside Affiliates, Bought with Blue Summit Realty LLC
$120,000
SOLD JUL 20, 2020

5747 Capitol Forest Loop SW Olympia, WA 98512

1.4 Acres
$85,714 Price per Acre
60,984 Sq Ft Lot

Recently Sold

Highlights

  • Territorial View
  • Black Lake Elementary School Rated A-
  • Level Lot

About This Lot

As of April 2024

Extra Large beautiful lot in desirable Cougar Ridge. RUE just granted for build site 6/2020, No Gopher study required, Water available, Site backs to open space + State owned + preserved McLane Creek Wetland Area, Wonderful quality neighborhood. Large parcels, Wide streets, wildlife, close access to trails, park and forest. Absolute rural feel with quick access to schools & all amenities. They're not making anymore big parcels..all initial big hurdles have been jumped. Secure it today!

Last Agent to Sell the Property

Dan Sweeney

RE/MAX Parkside Affiliates License #29797 Listed on: 06/05/2020

RE/MAX Parkside Affiliates

Last Buyer's Agent

Brian Dermanoski

Blue Summit Realty LLC License #23411

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1610998

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,879

Additional Features

  • Territorial Views
  • Level Lot
  • Sewer Not Available

Community Details

  • Olympia Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 42380006600

Property Details

Property Type

Land

Est. Annual Taxes

$8,879

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Evergreens, Heavily Forested
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: CCAndR, NO Manufactured Homes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained, County Right of Way, Paved
  • Road On Which Sideof Property: South
  • View: Territorial
  • Water Jurisdiction: DOE

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Septic Designedand Appliedfor: Y
  • Septic System Type: Pending
  • Sewer: Not Available
  • Water: Available, Community Well, In Street

Condo/Co-op/Association

  • Community Name: Olympia
  • Project: Cougar Ridge
  • Community Features: CCRs

Fee Information

  • Assessment Fees: Water

Schools

  • Elementary School: Black Lake Elem
  • Middle School: Tumwater Mid
  • High School: A G West Black Hills
  • School District: TUM

Lot Info

  • Lot Number: 66
  • Easements: Common
  • General Zoning Classification: Residential
  • Improvements: Cable Tv Available
  • Lot Details: Paved Street
  • Lot Sq Ft: 60984
  • Parcel Number: 42380006600
  • Slopeof Property: North
  • Soils Feasibility Available: Y
  • Survey: Plat
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: Residential

Tax Info

  • Tax Amount: 1278

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%
Views
46
Current Estimated Value
$932,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,414
Avg. Annual Appreciation
4.87%
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
50.57%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $888,000 First American Title
Quit Claim Deed -- Land Title
Bargain Sale Deed $120,000 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $588,000 New Conventional
Previous Owner $600,000 Unknown
Previous Owner $500,000 Construction
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

  • Brian Dermanoski

    Seller's Agent in 2024

    Brian Dermanoski

    Blue Summit Realty LLC

    (360) 280-1980

    68 Total Sales

    Section Image
  • Tami Wooding

    Buyer's Agent in 2024

    Tami Wooding

    Berkshire Hathaway HomeServices Northwest Real Estate

    (253) 221-6945

    142 Total Sales

    Section Image
  • Dan Sweeney

    Seller's Agent in 2020

    Dan Sweeney

    RE/MAX

    (360) 791-1880

    81 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1610998

Northwest Multiple Listing Service (NWMLS)

APN: 42380006600

Washington Thurston County Olympia 98512

5747 Capitol Forest Loop SW, Olympia, WA

This home is located at 5747 Capitol Forest Loop SW, Olympia, WA 98512 and is currently priced at $120,000. 5747 Capitol Forest Loop SW is a home located in Thurston County with nearby schools including Black Lake Elementary School, Tumwater Middle School, and A.G. West Black Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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