Taxes
- Assessed Value: $630,600
- Assessed Year: 2025
- Assessed County: Thurston
- APN: 52930166000
- Assessed Land Value: 205000
- Market Land Value: 205000
- Tax Amount: 5344.26
- Tax Year: 2024
- Market Value: 630600
- Market Year: 2025
5616 Reef Ln; Olympia, WA Property Details
Off market
5616 Reef Ln NE Olympia, WA 98516
$655,000 Listing Price
2 Beds
2 Baths
1,512 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2021
- Purchase Price: $655,000
- Est. Equity / %: $617,000 / 100%
- Gross Yield: 6.578%
- APN: 52930166000
- Situs County: Thurston
- Length Of Ownership: 2 years, 2 months
Rooms
- Bedrooms: 2
- Bathrooms: 2
- Full Bathrooms: 1
- Partial Bathrooms: 1
Structure
- Floor Cover Type: Wood
- Stories: 1
- Exterior Wall Type: Concrete
- Building Condition: Average
- Building Quality: B
- Roof Type: Gable
- Roof Cover Type: Concrete
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,512/SqFt
- Lot: 5,625/SqFt
- Gross: 2,272/SqFt
- Garage: 525/SqFt
- Living: 1,512/SqFt
- Building: 2,037/SqFt
- Ground: 1,512/SqFt
- Garage Unfinished: 525/SqFt
- Price Per Square Foot: $433.20
Legal Description
- Description: SECTION 23 TOWNSHIP 19 RANGE 1W QUARTER E2 SE PLAT HAWKS PRAIRIE PH 3 UNIT 18 WOODLAND COVE LT 1660 DOCUMENT 4693725
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: North Thurston Public Schools
- Lat / Lon: 47.11261 / -122.76221
- Subdivision: Hawks Prairie Ph 3 Unit 18 Woodland Cove
- Property Class: Residential
- Zoning: LD 0-4
- County Use Code: 11
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1387
- Bathroom Fixtures: 11
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Heat Pump
- Parking: 2
HOA
- H O A One: $289
- H O A Amount: $289
- H O A One Frequency: Monthly
- H O A One Name: Jubilee Community Assn
- H O A One Type: Home Owner Association
Ownership Info
5616 Reef Ln NE has no associated ownership info
5616 Reef Ln NE has no associated ownership info.
Taxes
5616 Reef Ln NE has 10 associated Taxes items
5616 Reef Ln, Olympia, WA pays taxes in Thurston County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $630,600. The APN we've located for 5616 Reef Ln is 52930166000.
Unlock the full reportTax History
5616 Reef Ln NE has 6 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $630,600 | Land Value $205,000 | Improvement Value $425,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $568,400 | Land Value $198,700 | Improvement Value $369,700 | Tax Amount $5,344.26 | Change Rate +0.071759% | Assessed CR | Tax Rate +0.009402% |
| Year 2023 | Assessed Value $559,100 | Land Value $175,200 | Improvement Value $383,900 | Tax Amount $4,986.44 | Change Rate +1.76542% | Assessed CR | Tax Rate +0.008919% |
| Year 2022 | Assessed Value $524,000 | Land Value $99,600 | Improvement Value $424,400 | Tax Amount $1,803.14 | Change Rate +0.415126% | Assessed CR | Tax Rate +0.003441% |
| Year 2021 | Assessed Value $154,500 | Land Value $101,300 | Improvement Value $53,200 | Tax Amount $1,274.19 | Change Rate +0.260825% | Assessed CR | Tax Rate +0.008247% |
| Year 2020 | Assessed Value $101,500 | Land Value $101,500 | Improvement Value | Tax Amount $1,010.6 | Change Rate | Assessed CR | Tax Rate +0.009957% |