NOT LISTED FOR SALE

7030 51st Ln NW Olympia, WA 98502

Estimated Value: $388,886

5 Acres
$77,777 Price per Acre
217,800 Sq Ft Lot

Last Sold March 10, 2015

Last sale price $165,000

Est. 136% increase in value since last sale

Current estimated payment $2,175/month

234 Days on Market

Highlights

  • Secluded Lot
  • Territorial View
  • Level Lot

About This Lot

As of March 2015

Very nice, one-of-a-kind 5+ acres, untouched by logging for the past 60 years. Huge Douglas Fir trees. Gentle slope to the north. Recent survey by Bracy & Thomas Surveyors. Corners very well marked. Great location for a private estate setting. Home next door just sold for over one million dollars. Small wetland buffer on north end of Lot #2. Waterfront Lot #3 listed at $175,000.

Last Agent to Sell the Property

Duane Rodgers

Van Dorm Realty, Inc. Listed on: 07/11/2014

Last Buyer's Agent

Duane Rodgers

Van Dorm Realty, Inc. Listed on: 07/11/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM665815

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,427

Lot Details

  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • Oyster Bay Community

Listing and Financial Details

  • Assessor Parcel Number 13926230106

Property Details

Property Type

Land

Est. Annual Taxes

$1,427

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Comm. Grade Timber, Corners Flagged, Evergreens, Heavily Forested
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Level: South end near 51st is fairly level.

Exterior Features

  • Road Information: Paved, Privately Maintained
  • Road On Which Sideof Property: South
  • View: Territorial

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Well Needed

Condo/Co-op/Association

  • Community Name: Oyster Bay

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Number: 2
  • Easements: 30' south line for 51st Ln
  • General Zoning Classification: Residential
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Dimensions: 368x529x347x574
  • Lot Sq Ft: 217886
  • Parcel Number: 13926230106
  • Slopeof Property: North
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: Residential

Tax Info

  • Tax Amount: 961

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Mar 4, 2015
Sold by
Peninsula Group Llc
Bought by
Alvarez Joseph A and Alvarez Mary E
Seller's Agent
Duane Rodgers
Van Dorm Realty, Inc.
Buyer's Agent
Duane Rodgers
Van Dorm Realty, Inc.
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$388,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,886
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Jun 27, 2013
Sold by
Whitcomb Gerald L and Whitcomb Maryanne
Bought by
Peninsula Group Llc
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Alvarez Joseph A $164,719 Thurston County Title Co
Peninsula Group Llc -- Thurston County Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2015 03/10/15 Sold $165,000 -5.7% --
03/02/2015 03/02/15 Pending -- -- --
07/11/2014 07/11/14 For Sale $175,000 -- --
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 $1,427 $209,500 $209,500 --
2023 $1,427 $225,500 $225,500 $0
2022 $1,179 $163,300 $163,300 $0
2021 $1,133 $154,700 $154,700 $0
2020 $1,188 $135,000 $135,000 $0
2019 $1,100 $122,200 $122,200 $0
2018 $1,147 $107,200 $107,200 $0
2017 $1,077 $103,300 $103,300 $0
2016 $1,209 $112,800 $112,800 $0
2014 -- $118,750 $118,750 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Duane Rodgers

    Van Dorm Realty, Inc.

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM665815

Northwest Multiple Listing Service (NWMLS)

APN: 13926230106

Washington Thurston County Olympia 98502

7030 51st Ln NW, Olympia, WA

This home is located at 7030 51st Ln NW, Olympia, WA 98502 since 11 July 2014 and is currently estimated at $388,886. 7030 51st Ln NW is a home located in Thurston County with nearby schools including Griffin 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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