Listed by Virgil Adams Real Estate, Inc., Bought with Windermere Real Estate Olympia
$250,000
SOLD JUL 1, 2025

9728 Cascade Loop NE Olympia, WA 98516

2.13 Acres
$117,371 Price per Acre
92,783 Sq Ft Lot

Recently Sold

23% Below List Price

Highlights

  • 202 Feet of Waterfront
  • Views of a Sound
  • No HOA

About This Lot

As of July 2025

This beautifully treed parcel sits on 2.13 acres with 202' of high bank waterfront! A number of critical area setbacks make development of this parcel a sure thing only with a buyer going through the Reasonable Use Exception process with Thurston County---hence the discounted asking price as the seller is an estate and is anxious to close out the estate. This gorgeous lot can definitely be used as a recreational site for weekend relaxing. In an area of fine homes! Opportunity time!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 05/14/2025

Last Buyer's Agent

Andrea Peters

Windermere Real Estate Olympia License #115200

Windermere Real Estate Olympia

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2374847

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,135

Lot Details

  • 2.13 Acre Lot
  • 202 Feet of Waterfront
  • Sloped Lot

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Schools

  • South Bay Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Johnson Point Condos
  • Johnson Point Subdivision

Listing and Financial Details

  • Tax Lot L 61C TO 61F & 2ND CL TDLD
  • Assessor Parcel Number 56550106103

Property Details

Property Type

Land

Est. Annual Taxes

$2,135

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Johnson Point
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Heavily Forested
  • Restrictions: No Restrictions
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Bay, Mountain(s), Sound
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Medium Bank
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: West
  • WaterfrontFootage: 202' Nisqually Reach
  • WaterAccess: Community Waterfront/Pvt Beach,Tideland Rights

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Well Needed
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 56550106103
  • Topography: Sloped
  • Lot Size Acres: 2.13
  • Lot Size Sq Ft: 92783
  • Zoning Description: Residential
  • Zoning: RL1/1
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: L 61C TO 61F & 2ND CL TDLD

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2135

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jun 26, 2025
Sold by
Dehart Clarence and Warner Deborah Anne
Bought by
Oconnor John and Oconnor Leah
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Andrea Peters
Windermere Real Estate Olympia
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%
Views
12
Current Estimated Value
$250,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775
Avg. Annual Appreciation
0.94%
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
Bargain Sale Deed $250,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Sold $250,000 -23.1% --
05/16/2025 05/16/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $325,000 +30.0% --
05/14/2025 05/14/25 Off Market $250,000 -- --
05/14/2025 05/14/25 For Sale $325,000 -- --
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 $1,936 $320,300 $320,300 --
2023 $2,135 $238,300 $238,300 $0
2022 $3,241 $250,400 $250,400 $0
2021 $2,703 $316,300 $316,300 $0
2020 $3,345 $245,900 $245,900 $0
2019 $2,481 $314,800 $314,800 $0
2018 $2,704 $224,800 $224,800 $0
2017 $2,125 $184,350 $184,350 $0
2016 $3,202 $278,950 $278,950 $0
2014 -- $272,900 $272,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2374847

Northwest Multiple Listing Service (NWMLS)

APN: 56550106103