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When a home is foreclosed on the court sells it to the highest bidder that day. The bank/lean holder will have a representative at that sale to make a minimum bid on it and if no one bids higher. The bank buys it in the foreclose sale. The bank will then sell it on the market as a REO. This home was sold to an investor who rented it out.
Here is the tax report on this property purchased by a limited liability company/partnership in Oct 2008.
It does not show on the multiple listing records so it may have been a direct sale to the buyer or
for sale by owner. The bank does not own this property.
Record 1 of 1
If you are looking for an agent to help you in this area my son is an agent in Olympia.
For Property Located At
22245 Bluewater Dr SE
Yelm, WA 98597-8978
Owner Name: 22418 Clearlake Blvd Llc County Use Code: Residential Single
Tax Billing Address: N/Avail State Use: Residences
Recording Date: 06/29/1995 Universal Land Use: SFR
Annual Tax: $1,873
School District: 225 Flood Zone Panel: 5301880555C
Subdivision: Clearwood Panel Date: 12/01/1982
Location Influence: Lake Flood Zone Code: C
Waterfront Influence: Lake Front Map#: 49-D5
Census Tract: 125.00 Neighborhood Code: 35E1
Carrier Route: R008 Range/Township/Section/Quarter: 3E-15N-06-NE
Tax ID: 4123-00-03200 Improved Assessment: $107,000
Parcel ID: 41230003200 Total Assessment: $156,050
Tax Year: 2008 % Improv: 69%
Annual Tax: $1,873 Legal Description: Section 06 Township 15 Range 3e Quarter Se Ne Plat Clearwood Div 9 Lt 32 Document 018/029
Assessment Year: 2008 Lot Number: 32
Land Assessment: $49,050
Lot Acres: .18 Porch: Covered Porch
Lot Sq Ft: 7840.8 Garage Type: Attached Garage
Lot Shape: RC Garage Sq Ft: 348
Style: Rambler Roof Type: Gable
Building Sq Ft: 1,332 Roof Material: Asphalt Shingle
Above Gnd Sq Ft: 1332 Roof Shape: Gable
Main Area: 1332 Interior Wall: Drywall
Stories: 1 Floor Cover: Carpet
Condition: Average Foundation: Concrete
Residential Units: 1 Year Built: 1995
Bedrooms: 3 Effective Year Built: 1995
Total Baths: 2 Topography: Flat/Level
Full Baths: 2 Equipment: Dishwasher, Range Oven
Bath Fixtures: 9 Location Influence: Lake
Sewer: Septic Tank Quality: Average
Heat Type: Forced Air
Last Market Sale:
Recording Date: 06/29/1995 Deed Type: Warranty Deed
Settle Date: 06/27/1995 Owner Name: 22418 Clearlake Blvd Llc
Sale Price: $93,000 Seller: Paigen Ronald
Auditor No: 9506290094
Recording Date: 10/31/2008 07/30/2008 08/17/1999
Sale Price: $100,200
Nominal: Y Y
Buyer Name: 22418 Clearlake Blvd Llc Boyal Kulwinder Briggs Nancy A Va
Seller Name: Boyal Kulwinder Quality Loan Svc Corp Of Wa Department Of Va Nationsbanc Mtg Corp
Document No: 4043633 4026621 3249398
Auditor No: Quit Claim Deed Trustee's Deed Warranty Deed Assignment Deed
Hist Document No: 506532 705562 272135 263145
Mortgage Date: 08/17/1999 06/29/1995 04/11/1995
Mortgage Amt: $98,000 $94,850 $65,000
Mortgage Lender: Meritage Mtg Corp Heritage Svgs Bk Fsb Lender Private Party
Mortgage Type: Conventional Va Private Party Lender
Record 1 of 1