NOT LISTED FOR SALE

Estimated Value: $436,000 - $1,470,528

10.43 Acres
$91,396 Price per Acre
454,331 Sq Ft Lot

Last Sold June 12, 2015

Last sale price $850,000

Est. 12% increase in value since last sale

Current estimated payment $5,195/month

270 Days on Market

Highlights

  • 10.43 Acre Lot
  • Peter G. Schmidt Elementary School Rated A-
  • Lot Has A Rolling Slope

About This Lot

As of June 2015

Zoned for up to 133 apartment units, or for single family residences. Located in the growing area of Tumwater, close to State of Washington offices, schoools and retail. Chinook Landing, an adjacent 64 home residential plat just to the NW, will soon be developed. This property includes the house at 6541 Henderson, plus the additional 10 acre parcel directly behind (6545).

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,505

Lot Details

  • 10.43 Acre Lot
  • Lot Has A Rolling Slope
  • Zoning described as MultiFam/SFR

Utilities

  • Sewer in Street

Community Details

  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12702140300

Property Details

Property Type

Land

Est. Annual Taxes

$5,505

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens
  • Special Features: None
  • Cumulative Days on Market: 1,678

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: west

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • 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

Lot Info

  • Parcel Number: 12702140300
  • Topography: Rolling
  • Lot Size Acres: 10.43
  • Lot Size Sq Ft: 454330
  • Zoning Description: MultiFam/SFR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2010
  • Tax Annual Amount: 5505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 29, 2015
Sold by
Sapphire Re Property Holdings Llc
Bought by
Lott Clean Water Alliance
List Price
$880,000
Sold Price
$850,000
Premium/Discount to List
-$30,000
-3.41%
Current Estimated Value
$953,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,264
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Sep 8, 2010
Sold by
Wf Capital Inc
Bought by
Sapphire Re Property Holdings Llc

Purchase Details

Closed on
Oct 12, 2006
Sold by
Chinook Landing Llc
Bought by
The Quadrant Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2006
Sold by
Gto Investment Group Llc
Bought by
Chinook Landing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2004
Sold by
Source Capital Corp
Bought by
Gto Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Cindys Cupcakes Llc
Bought by
Scatter Creek Holdings Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lott Clean Water Alliance $649,719 Thurston County Title
Sapphire Re Property Holdings Llc -- None Available
Chinook Landing Llc $1,080,280 First American Title
Gto Investment Group Llc $220,000 First American Title
Scatter Creek Holdings Llc -- Thurston County Title
Source Capital Corp -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chinook Landing Llc $3,669,600
Previous Owner Chinook Landing Llc $5,500,000
Previous Owner Chinook Landing Llc $3,000,000
Previous Owner Gto Investment Group Llc $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $850,000 -3.4% --
11/22/2014 11/22/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $880,000 -- --
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 $13 $313,300 $300,500 $12,800
2023 $13 $337,300 $323,600 $13,700
2022 $13 $247,600 $234,800 $12,800
2021 $13 $257,300 $245,500 $11,800
2020 $13 $237,600 $227,300 $10,300
2019 $13 $239,900 $228,100 $11,800
2018 $7 $187,900 $176,500 $11,400
2014 -- $232,400 $227,600 $4,800
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 597257

Northwest Multiple Listing Service (NWMLS)

APN: 12702140300