NOT LISTED FOR SALE

10538 Gate Rd SW Olympia, WA 98512

Estimated Value: $286,000 - $544,000

2 Beds
1 Bath
1,543 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 19, 2015

Last sale price $125,000 $81 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $2,405/month

11 Days on Market

Highlights

  • 2 Fireplaces
  • Patio
  • Wall to Wall Carpet
  • Detached Garage
  • Level Lot

About This Home

As of August 2015

New on the Market!!! Welcome to a peaceful & tranquil lifestyle on a 1.7 acre parcel in SW Thurston County. This 1 & 1/2 story home boasts 1543 SF, a gas fireplace, a wood stove, 2 bedrooms, 1 bathroom, & tons of room to play upstairs! This cute home is nestled on a garden friendly lot, has a wood shed for your wood stove, & has a very large detached 2 car garage. HUD Home Sold "AS-IS". FHA Case # 561-944244. Schedule your appointment today & come take a peek at what country living has to offer!

Last Agent to Sell the Property

Kim Rodgers

Van Dorm Realty, Inc. Listed on: 05/20/2015

Co-Listed By

Mike Fisk

Van Dorm Realty, Inc License #82980

Last Buyer's Agent

Dusty Ross

On Point Real Estate License #26787

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM790208

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1952

Lot Details

  • 1.7

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Well
  • Septic System

Additional Features

  • 2 Fireplaces
  • Level Lot

Community Details

  • Gate Community

Listing and Financial Details

  • Assessor Parcel Number 13630120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,670

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1952
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1543
  • Square Footage Finished: 1543

Exterior Features

  • Exterior: Cement/Concrete
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Insert, Stove/Free Standing
  • Power Company: PSE
  • Sewer: Septic
  • Water Heater: Utility Room-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Gate

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: ROC

Lot Info

  • Lot Sq Ft: 74052
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 13630120000
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 2312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Aug 18, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Seller Russel
Seller's Agent
Kim Rodgers
Van Dorm Realty, Inc.
Buyer's Agent
Dusty Ross
On Point Real Estate
List Price
$117,000
Sold Price
$125,000
Premium/Discount to List
$8,000
6.84%
Total Days on Market
11
Current Estimated Value
$393,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,122
Avg. Annual Appreciation
12.55%
Original Mortgage
$100,000
Outstanding Balance
$80,401
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$320,589

Purchase Details

Closed on
Jan 14, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 8, 2013
Sold by
Henden Erik A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 2, 2010
Sold by
Bricker Eric
Bought by
Bricker Eric and Bricker Tamara

Purchase Details

Closed on
Nov 6, 2009
Sold by
Grate Michele R
Bought by
Henden Erik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,728
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2002
Sold by
Bricker Eric J and Bricker Danielle L
Bought by
Henden Erik A and Grate Michele R

Purchase Details

Closed on
Jun 15, 2000
Sold by
Bricker Eric J and Bricker Danielle L
Bought by
Henden Erik A and Grate Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,036
Interest Rate
8.27%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Seller Russel $125,000 Chicago Title Company
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $133,500 None Available
Bricker Eric -- None Available
Henden Erik A $57,850 Stewart Title Of Western Was
Henden Erik A -- Thurston County Title Co
Henden Erik A $129,900 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seller Russel $100,000
Previous Owner Henden Erik A $187,728
Previous Owner Henden Erik A $25,000
Previous Owner Henden Erik A $129,036
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2015 08/19/15 Sold $125,000 +6.8% $81 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $117,000 -- $76 / 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 $2,670 $307,700 $195,800 $111,900
2023 $2,670 $303,400 $180,000 $123,400
2022 $2,373 $260,600 $126,900 $133,700
2021 $2,216 $226,300 $114,000 $112,300
2020 $2,148 $194,500 $108,100 $86,400
2019 $2,021 $156,600 $71,100 $85,500
2018 $2,335 $160,800 $76,900 $83,900
2017 $2,118 $146,850 $67,450 $79,400
2016 $2,312 $172,700 $76,200 $96,500
2014 -- $158,200 $63,800 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM790208

Northwest Multiple Listing Service (NWMLS)

APN: 13630120000