NOT LISTED FOR SALE

8710 Adams Ln NW Olympia, WA 98502

Estimated Value: $495,000 - $690,000

25 Acres
$24,870 Price per Acre
1,089,000 Sq Ft Lot

Last Sold August 16, 2017

Last sale price $140,000

Est. 344% increase in value since last sale

Current estimated payment $3,649/month

1,281 Days on Market

Highlights

  • Secluded Lot
  • Territorial View
  • Level Lot

About This Lot

As of August 2017

Tranquil and Serene! 25 acres in desirable Steamboat Island area. Rolling large parcel bordering large waterfront parcel owned by Capital Land Trust. Property has been recently logged and replanted with over 8000 new seedlings. Come make this property your own private paradise or estate. Several trails and local access to the Totten Inlet water front can help make this your own piece of paradise without the water front taxes. Endless wildlife to view from your new home. Possibilities are endless

Last Agent to Sell the Property

Terrance Meyer

Better Properties - Metro License #1127 Listed on: 08/15/2013

Better Properties - Metro

Last Buyer's Agent

Terrance Meyer

Better Properties - Metro License #1127 Listed on: 08/15/2013

Better Properties - Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM531869

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,346

Lot Details

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

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • Steamboat Island Community

Listing and Financial Details

  • Assessor Parcel Number 12905440000

Property Details

Property Type

Land

Est. Annual Taxes

$4,346

Lot Details

0

Listing Details

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

Interior Features

  • Level: Mostly level rolling terrain.

Exterior Features

  • Road Information: Gravel, Privately Maintained
  • Road On Which Sideof Property: West
  • View: Territorial
  • Water Jurisdiction: County

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Unknown

Condo/Co-op/Association

  • Community Name: Steamboat Island

Schools

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

Lot Info

  • Easements: Recorded with County
  • Lot Details: Dead End Street, Secluded
  • Lot Sq Ft: 1089000
  • Parcel Number: 12905440000
  • Survey: Bracy and Thomas
  • Topography: Level, Rolling
  • Zoning Jurisdiction: County
  • Zoning Remarks: RRR1/5

Tax Info

  • Tax Amount: 5602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Aug 9, 2017
Sold by
Asker Michael W and Asker William R
Bought by
Valente Andrew R
Seller's Agent
Terrance Meyer
Better Properties - Metro
Buyer's Agent
Terrance Meyer
Better Properties - Metro
List Price
$239,500
Sold Price
$140,000
Premium/Discount to List
-$99,500
-41.54%
Current Estimated Value
$621,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,742
Avg. Annual Appreciation
19.99%

Purchase Details

Closed on
May 23, 2016
Sold by
Asker Lorrie
Bought by
Asker Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,075
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2011
Sold by
Asker Michael W and Asker Lorrie
Bought by
Capitol Land Trust

Purchase Details

Closed on
Nov 29, 2007
Sold by
Steamboat Island Developers Llc
Bought by
Asker Michael W and Asker Lorrie

Purchase Details

Closed on
Aug 14, 2006
Sold by
Steamboat Island Developers Llc
Bought by
Vanslyke Brett C and Vanslyke Juanita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 7, 2005
Sold by
Mchale Patrick M and Mchale Rosalie A
Bought by
Steamboat Island Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2005
Sold by
Johnson Brenda Baker and Baker Dix
Bought by
Skillman Charles P and Skillman Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Valente Andrew R $139,719 Stewart Title Company
Asker Michael W -- Chicago Title Company
Capitol Land Trust $790,000 Thurston County Title
Asker Michael W -- Chicago Title Company
Vanslyke Brett C $350,000 Chicago Title Company
Steamboat Island Developers Llc $975,000 Chicago Title Co
Skillman Charles P -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asker Michael W $128,075
Previous Owner Vanslyke Brett C $750,000
Previous Owner Steamboat Island Developers Llc $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2017 08/16/17 Sold $140,000 -41.5% --
02/17/2017 02/17/17 Pending -- -- --
08/15/2013 08/15/13 For Sale $239,500 -- --
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 $4,346 $540,300 $299,900 $240,400
2023 $4,346 $562,800 $315,000 $247,800
2022 $4,503 $497,900 $281,100 $216,800
2021 $3,070 $493,500 $367,100 $126,400
2020 $1,964 $320,000 $208,200 $111,800
2019 $1,626 $201,900 $201,900 $0
2018 $1,926 $179,800 $179,800 $0
2017 $1,761 $168,700 $168,700 $0
2016 $1,932 $189,350 $189,350 $0
2014 -- $189,350 $189,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM531869

Northwest Multiple Listing Service (NWMLS)

APN: 12905440000