Listed by RE/MAX Parkside Affiliates, Bought with Abbey Realty Inc
$90,000
SOLD JUL 6, 2017

7416 Johnson Point Rd NE Olympia, WA 98516

5.02 Acres
$17,928 Price per Acre
218,671 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

40% Below List Price

Highlights

  • Secluded Lot
  • Territorial View
  • Level Lot

About This Lot

As of January 2018

READY TO BUILD 5 acre parcel off Johnson Point Rd all the leg work has been done here!! Gopher-free! Half an acre has been cleared for a building site and building permits are ready to pull. Temporary power is at site, septic designed and approved, and individual well has been approved. Property has been approved to build a home and shop. Apron installed with gated entry and gravel driveway provides access to both parcels. Adjacent lot is also for sale, seller open to selling both together.

Last Agent to Sell the Property

Kyle Schrader

RE/MAX Parkside Affiliates License #122699 Listed on: 09/30/2016

RE/MAX Parkside Affiliates

Co-Listed By

Tom Schrader

RE/MAX Parkside Affiliates License #118109

Last Buyer's Agent

Mark Lovrien

Abbey Realty Inc License #3475

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1037153

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,832

Lot Details

  • Secluded Lot
  • Level Lot

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • Johnson Point Community

Listing and Financial Details

  • Assessor Parcel Number 11916210700

Property Details

Property Type

Land

Est. Annual Taxes

$7,832

Lot Details

0

Listing Details

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

Interior Features

  • Approved Number of Bedrooms: 4

Exterior Features

  • Road Information: Gravel, Privately Maintained
  • View: Territorial

Utilities

  • Electricity: On Property
  • Gas Available: Available
  • Septic Approved for Number of Bedrooms: 4
  • Septic Designedand Appliedfor: Y
  • Sewer: Not Available
  • Water: Well Site Approved, Well Needed

Condo/Co-op/Association

  • Community Name: Johnson Point

Schools

  • Elementary School: South Bay Elem
  • Middle School: Chinook Mid
  • High School: North Thurston High
  • School District: NTN

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Secluded
  • Lot Sq Ft: 218671
  • Parcel Number: 11916210700
  • Soils Feasibility Available: Y
  • Topography: Level, Rolling, Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: RRR1/5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Jan 12, 2018
Sold by
Riptide Builders Llc
Bought by
Vandersnick Laura E and Vandersnick Aaron C
Seller's Agent
Allison Mance
Van Dorm Realty, Inc
Buyer's Agent
Laura Vandersnick
City Realty, Inc.
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$933,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,832
Avg. Annual Appreciation
7.38%
Original Mortgage
$424,100
Outstanding Balance
$357,799
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$576,033

Purchase Details

Listed on
Sep 30, 2016
Closed on
Jun 21, 2017
Sold by
Snodgrass Joshua E and Snodgrass Kristin E
Bought by
Riptide Builders Llc
Seller's Agent
Kyle Schrader
RE/MAX Parkside Affiliates
Buyer's Agent
Mark Lovrien
Abbey Realty Inc
List Price
$149,999
Sold Price
$90,000
Premium/Discount to List
-$59,999
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2352.20%

Purchase Details

Closed on
Jul 2, 2014
Sold by
Simpson Vera J
Bought by
Snodgrass Joshua E and Snodgrass Kristin E

Purchase Details

Closed on
May 7, 2013
Sold by
Welsh Spencer V
Bought by
Simpson Vera J and Vera J Simpson Family Living Trust
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 Type Sale Price Title Company
Warranty Deed $539,719 Thurston County Title Co
Warranty Deed $89,719 Thurston County Title Co
Warranty Deed $30,000 Chicago Title Company
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $424,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $540,000 0.0% $190 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $540,000 +500.0% $190 / Sq Ft
07/06/2017 07/06/17 Sold $90,000 -40.0% $32 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
10/01/2016 10/01/16 For Sale $149,999 -- $53 / 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 $7,832 $866,600 $256,000 $610,600
2023 $7,832 $809,600 $230,200 $579,400
2022 $8,036 $827,000 $178,800 $648,200
2021 $7,426 $686,700 $166,400 $520,300
2020 $6,542 $588,200 $123,600 $464,600
2019 $6,771 $531,400 $133,000 $398,400
2018 $1,247 $102,200 $102,200 $0
2017 $1,093 $93,100 $93,100 $0
2016 $1,299 $97,700 $97,700 $0
2014 -- $108,850 $108,850 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1037153

Northwest Multiple Listing Service (NWMLS)

APN: 11916210700