NOT LISTED FOR SALE

8535 Viewcrest Ln SE Olympia, WA 98501

Estimated Value: $1,630,000

367 Acres
$4,439 Price per Acre
15,994,330 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $1,500,000

Est. 9% increase in value since last sale

Current estimated payment $9,154/month

567 Days on Market

About This Lot

As of December 2022

Looking for a little space? Well look no more. This 367.18 acre old farm includes 3 tax parcels, creek, pond and Deschutes River frontage are waiting for your imagination. Marketable timber along with hay fields, all located in desirable East Olympia. Buyer to verify all information.

Last Agent to Sell the Property

Steve Poulos

BHGRE - Northwest Home Team License #23020245 Listed on: 02/19/2021

BHGRE - Northwest Home Team

Last Buyer's Agent

Tom Schrader

RE/MAX Parkside Affiliates License #118109

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1732590

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $453

Lot Details

  • 367.18 Acre Lot

Schools

  • East Olympia Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Water Rights
  • The lake is a source of water for the property
  • Sewer Not Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 57250000005

Property Details

Property Type

Land

Est. Annual Taxes

$453

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
  • Special Features: None
  • Cumulative Days on Market: 1,461

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: Gravel, Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel,Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Lake, Water Rights
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: In Street
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 57250000005
  • Lot Size Acres: 367.1793
  • Lot Size Sq Ft: 15994360
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Assessor
  • ZoningJurisdiction: County

Rental Info

  • Furnished: Unfurnished

Tax Info

  • AdditionalTaxIds: 12712440200,57250000011

MLS Schools

  • Elementary School: East Olympia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Dec 27, 2022
Sold by
Drp Holdings Llc
Bought by
Olympia Coalition For Ecosystems Preservation
Seller's Agent
Steve Poulos
BHGRE - Northwest Home Team
Buyer's Agent
Tom Schrader
RE/MAX Parkside Affiliates
List Price
$2,000,000
Sold Price
$1,500,000
Premium/Discount to List
-$500,000
-25%
Total Days on Market
567
Views
3
Current Estimated Value
$1,630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,000
Avg. Annual Appreciation
3.45%
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
Olympia Coalition For Ecosystems Preservation -- Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $1,500,000 -14.3% --
09/09/2022 09/09/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $1,750,000 -12.5% --
02/21/2022 02/21/22 For Sale $2,000,000 +33.3% --
02/20/2022 02/20/22 Off Market $1,500,000 -- --
02/19/2021 02/19/21 For Sale $2,000,000 -- --
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 $453 $1,063,200 $1,063,200 --
2023 $453 $980,800 $980,800 $19,300
2022 $5,411 $813,400 $797,100 $16,300
2021 $5,223 $436,040 $424,440 $11,600
2020 $6,803 $385,040 $372,940 $12,100
2019 $5,575 $500,530 $488,130 $12,400
2018 $5,912 $424,270 $413,470 $10,800
2017 $3,892 $260,860 $251,260 $9,600
2016 -- $2,162,500 $2,154,200 $8,300
Source: Public Records

Agents Affiliated with this Home

  • Steve Poulos

    Seller's Agent in 2022

    Steve Poulos

    BHGRE - Northwest Home Team

    (360) 789-4921

    156 Total Sales

    Steve Poulos
    Section Image
  • Tom Schrader

    Buyer's Agent in 2022

    Tom Schrader

    RE/MAX

    (360) 480-9387

    67 Total Sales

    Tom Schrader
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1732590

Northwest Multiple Listing Service (NWMLS)

APN: 57250000005

Washington Thurston County Olympia 98501

8535 Viewcrest Ln SE, Olympia, WA

This home is located at 8535 Viewcrest Ln SE, Olympia, WA 98501 since 19 February 2021 and is currently estimated at $1,630,000. 8535 Viewcrest Ln SE is a home located in Thurston County with nearby schools including East Olympia Elementary School, George Washington Bush Middle School, and Tumwater 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) 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. ©2025 NWMLS.

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