Listed by Vanguard Realty, Bought with GCH Puget Sound, Inc.
$265,000
SOLD APR 6, 2022

5817 Boulevard Extension Rd SE Olympia, WA 98501

1.1 Acres
$240,734 Price per Acre
47,951 Sq Ft Lot

Recently Sold

4% Below List Price

23 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Level Lot
  • Centennial Elementary School Rated A

About This Lot

As of July 2022

Rare find level 1.1 acre lot on a private drive close to town with Olympia Schools! Wonderful location to build a single family estate. In the Olympia UGA seller already completed the Gopher and Prairie reviews. The gopher study expires July 2023. Septic permit is in the works with the county. City of Oly approved their part already for the UGA. 5BR design. 3 house, 2 for an ADU. Buyer to verify all information including what utilities are at the road. Home across the street is on city water, septic, PSE, and Xfinity. The neighbors next to the main road have natural gas, but it does not come down the private drive.

Last Agent to Sell the Property

Lisa Quaade

Vanguard Realty License #38431 Listed on: 01/13/2022

Last Buyer's Agent

Rick Thorp

GCH Puget Sound, Inc. License #118043

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1875958

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $627

Lot Details

  • 1.1 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Zoning described as R 4-8

Property Views

  • Territorial Views

Schools

  • Centennial Elementary School
  • Wash Mid Middle School
  • Olympia High School

Utilities

  • Septic Design Applied
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 12701110107

Property Details

Property Type

Land

Est. Annual Taxes

$627

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Lightly Treed
  • Improvements: Fenced-Partially
  • Survey: MTN 2 Coast
  • Special Features: None
  • Cumulative Days on Market: 1,241

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: West
  • WaterJurisdiction: City of Olympia

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Not Available
  • Water Source: In Street, See Remarks
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Septic Design Applied
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 12701110107
  • Topography: Level
  • Lot Size Acres: 1.1008
  • Lot Size Sq Ft: 47949
  • Zoning Description: R 4-8
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 3
  • SoilFeasibilityTest: false

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 627

MLS Schools

  • Elementary School: Centennial Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Gch Puget Sound Inc
Bought by
Liao Guifeng
Current Estimated Value
$1,172,861

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 22, 2022
Sold by
Walker Jonathan A and Walker Laura J
Bought by
Gch Puget Sound Inc
Seller's Agent
Lisa Quaade
Vanguard Realty
Buyer's Agent
Rick Thorp
GCH Puget Sound, Inc.
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Purchase Details

Closed on
Nov 4, 2015
Sold by
2010-1 Radccadc Property Ii Llc
Bought by
Walker Jonathan A and Walker Laura A

Purchase Details

Closed on
Apr 29, 2013
Sold by
Anb Investment Corporation
Bought by
2010-1 Radc Cadc Property Ii Llc

Purchase Details

Closed on
Mar 10, 2006
Sold by
Gerstner Kenneth L and Gerstner Cynthia A
Bought by
Anb Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 $1,316,284 Chicago Title
Warranty Deed $260,000 Chicago Title
Special Warranty Deed $24,719 Stewart Title Western Wa Inc
Trustee Deed $115,000 Stewart Title Of Western Was
Warranty Deed $165,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $131,250 Unknown
Previous Owner $173,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2022 07/31/22 Sold $1,299,715 +11.1% $385 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $1,169,900 +341.5% $346 / Sq Ft
04/06/2022 04/06/22 Sold $265,000 -3.6% --
02/05/2022 02/05/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $275,000 -- --
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 $10,227 $1,008,300 $197,700 $810,600
2023 $10,227 $750,400 $183,700 $566,700
2022 $588 $145,600 $145,600 $0
2021 $627 $50,100 $50,100 $0
2020 $493 $49,100 $49,100 $0
2019 $309 $37,900 $37,900 $0
2018 $316 $23,500 $23,500 $0
2017 $339 $25,700 $25,700 $0
2016 $1,165 $90,900 $90,900 $0
2014 -- $89,300 $89,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1875958

Northwest Multiple Listing Service (NWMLS)

APN: 12701110107