Listed by Coldwell Banker Danforth, Bought with Locality
NOT LISTED FOR SALE

1040 Butternut Ct SE Olympia, WA 98513

Meadows Neighborhood

Estimated Value: $453,000 - $519,000

3 Beds
1 Bath
1,848 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $199,000 $108 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,947/month

2 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • Territorial View
  • Meadows Elementary School Rated A-
  • Fruit Trees
  • 1 Fireplace

About This Home

As of November 2016

Huge Corner lot with great landscaping . Large Open airy, Solarium addition provides great extra living space with pellet stove heating. Great space for in home Day-Care. Low maintenance yard includes hot tub and storage building. Room for the RV and extra carport parking. Corner lot an a cul-de-sac. New carpets and fresh paint make this property move in ready. Make this your home TODAY!

Last Agent to Sell the Property

Mike Young

Coldwell Banker Danforth License #105025 Listed on: 09/22/2016

Coldwell Banker Danforth

Co-Listed By

David Rosenstein

Skyline Properties, Inc. License #17174

Last Buyer's Agent

Michelle Koch

Locality

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1033479

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 1983

Lot Details

  • Cul-De-Sac
  • Partially Fenced Property
  • Corner Lot
  • Sloped Lot
  • Fruit Trees
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Attached Carport
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Spa
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Septic System
  • Cable TV Available

Community Details

  • Meadows Community

Listing and Financial Details

  • Assessor Parcel Number 61790019500

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,463

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Homebuilder: Hodges
  • Building Information: Built On Lot
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Hot Tub/Spa, Skylights, Solarium/Atrium, Vaulted Ceilings
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1848
  • Square Footage Finished: 1848

Exterior Features

  • Exterior: Metal/Vinyl, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Attached, Off Street
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: HR Waterworks
  • Water Heater: Garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 10
  • Community Name: Meadows

Schools

  • School District: NTN

Lot Info

  • Lot Details: Corner Lot, Cul-De-Sac, Curbs, Paved Street
  • Lot Sq Ft: 12196
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Partial Slope
  • Parcel Number: 61790019500
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Partial Slope

Rental Info

  • Monthly Rentif Rented: 1500

Tax Info

  • Tax Amount: 2407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Koch Thomas Ray and Koch Thomas
Bought by
Koch Thomas Ray and Koch Kyeunghee
Current Estimated Value
$487,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$195,512
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$288,657

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 3, 2016
Sold by
Alcorta Michael L and Alcorta Susan M
Bought by
Koch Thomas R
Seller's Agent
Mike Young
Coldwell Banker Danforth
Buyer's Agent
Michelle Koch
Locality
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$195,395
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2002
Sold by
Shealy Ralph H and Shealy Carolyn V
Bought by
Alcorta Michael Louis and Alcorta Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.06%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Koch Thomas Ray -- First American Title Ins Co
Koch Thomas R $198,719 Chicago Title Company
Alcorta Michael Louis $137,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Thomas Ray $264,000
Closed Koch Thomas R $195,395
Previous Owner Alcorta Michael L $171,000
Previous Owner Alcorta Michael Louis $159,600
Previous Owner Alcorta Michael L $25,000
Previous Owner Alcorta Michael Louis $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $199,000 0.0% $108 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $199,000 -- $108 / Sq Ft
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 $4,463 $452,000 $149,600 $302,400
2023 $4,463 $448,400 $141,000 $307,400
2022 $4,140 $450,100 $107,600 $342,500
2021 $3,603 $340,400 $109,600 $230,800
2020 $3,271 $274,700 $103,500 $171,200
2019 $2,858 $255,700 $85,500 $170,200
2018 $3,106 $216,800 $58,300 $158,500
2017 $2,467 $177,100 $56,200 $120,900
2016 $2,392 $174,200 $49,600 $124,600
2014 -- $168,800 $49,600 $119,200
Source: Public Records

Agents Affiliated with this Home

  • Mike Young

    Seller's Agent in 2016

    Mike Young

    Coldwell Banker Danforth

    (360) 628-3576

    2 in this area

    48 Total Sales

    Mike Young
    Section Image

  • D

    Seller Co-Listing Agent in 2016

    David Rosenstein

    Skyline Properties, Inc

    Section Image

  • M

    Buyer's Agent in 2016

    Michelle Koch

    Locality

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1033479

Northwest Multiple Listing Service (NWMLS)

APN: 61790019500

Washington Thurston County Olympia 98513 Meadows

1040 Butternut Ct SE, Olympia, WA

This home is located at 1040 Butternut Ct SE, Olympia, WA 98513 since 22 September 2016 and is currently estimated at $487,546, approximately $263 per square foot. This property was built in 1983. 1040 Butternut Ct SE is a home located in Thurston County with nearby schools including Meadows Elementary School, Nisqually Middle School, and River Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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