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5624 Reef Ln; Olympia, WA Property Details

5624 Reef Ln, Olympia, WA is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 5624 Reef Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,876 square feet. The lot size of 5624 Reef Ln is 5,000 square feet.

Off market
5624 Reef Ln NE Olympia, WA 98516
$625,126 Listing Price
3 Beds
2.5 Baths
1,876 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $625,126
  • Open Loans / Balance: 1 / $425,009
  • Est. Equity / %: $259,991 / 37.95%
  • Gross Yield: 7.244%
  • APN: 52930164600
  • Situs County: Thurston
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 2

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: 1,876/SqFt
  • Lot: 5,000/SqFt
  • Gross: 2,713/SqFt
  • Garage: 525/SqFt
  • Living: 1,876/SqFt
  • Building: 2,401/SqFt
  • Ground: 1,876/SqFt
  • Garage Unfinished: 525/SqFt
  • Price Per Square Foot: $333.22

Legal Description

  • Description: SECTION 23 TOWNSHIP 19 RANGE 1W QUARTER E2 SE PLAT HAWKS PRAIRIE PH 3 UNIT 18 WOODLAND COVE LT 1646 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: 47.113014 / -122.76246
  • 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: 13
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • 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

5624 Reef Ln NE has no associated ownership info
5624 Reef Ln NE has no associated ownership info.

Taxes

5624 Reef Ln NE has 10 associated Taxes items

5624 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 $688,400. The APN we've located for 5624 Reef Ln is 52930164600.

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Taxes
  • Assessed Value:  $688,400
  • Assessed Year:  2025
  • Assessed County:  Thurston
  • APN:  52930164600
  • Assessed Land Value:  198300
  • Market Land Value:  198300
  • Tax Amount:  5780.31
  • Tax Year:  2024
  • Market Value:  688400
  • Market Year:  2025

Tax History

5624 Reef Ln NE has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $688,400 Land Value $198,300 Improvement Value $490,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $621,300 Land Value $192,200 Improvement Value $429,100 Tax Amount $5,780.31 Change Rate +0.026629% Assessed CR Tax Rate +0.009304%
Year 2023 Assessed Value $604,800 Land Value $168,600 Improvement Value $436,200 Tax Amount $5,630.38 Change Rate +2.040343% Assessed CR Tax Rate +0.009309%
Year 2022 Assessed Value $591,800 Land Value $96,100 Improvement Value $495,700 Tax Amount $1,851.89 Change Rate +0.550425% Assessed CR Tax Rate +0.003129%
Year 2021 Assessed Value $158,700 Land Value $96,000 Improvement Value $62,700 Tax Amount $1,194.44 Change Rate +0.326772% Assessed CR Tax Rate +0.007526%
Year 2020 Assessed Value $95,100 Land Value $95,100 Improvement Value Tax Amount $900.26 Change Rate Assessed CR Tax Rate +0.009466%