NOT LISTED FOR SALE

12838 Morgan Ln SW Olympia, WA 98512

Estimated Value: $595,442 - $667,000

3 Beds
1 Bath
1,760 Sq Ft
$357/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $275,000 $156 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,941/month

322 Days on Market

Highlights

  • Horses Allowed On Property
  • Craftsman Architecture
  • Cul-De-Sac
  • RV Access or Parking
  • Territorial View
  • Attached Garage

About This Home

As of May 2015

Quality built new construction on beautiful, level 1.67± acre lot. Home features include an inviting front porch, vaulted ceilings, separate family & living rooms, impressive cabinets and laminate throughout main living area. Huge walk in closet in master bedroom, 5ft shower & 2 sinks in master bath great location just minutes south of Tumwater. Tumwater schools.

Last Listed By

Nancy Morris

Olympic Sotheby's Int'l Realty License #86819 Listed on: 05/02/2014

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM629691

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,459

Year Built

  • Built in 2014

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Garden

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Attached Garage
  • RV Access or Parking

Utilities

  • Well
  • Septic System

Additional Features

  • Territorial Views
  • 1 Bathroom
  • Patio
  • Horses Allowed On Property

Community Details

  • Littlerock Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 13601410401

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,459

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • New Construction: Under Construction
  • Homebuilder: Wendell Bell
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2014
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • 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
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1760
  • Square Footage Finished: 1760

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Wall
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Heater: Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Littlerock
  • Community Features: Ccrs

Schools

  • Elementary School: Littlerock Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street
  • Lot Sq Ft: 72745
  • Lot Topography Vegetation: Equestrian, Garden Space, Level
  • Parcel Number: 13601410401
  • Zoning Jurisdiction: County
  • Lot Topography: Equestrian, Garden Space, Level

Tax Info

  • Tax Amount: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
May 1, 2015
Sold by
Bell Wendell D
Bought by
Rabourn Jaclyn M and Rabourn Travis T
Seller's Agent
Nancy Morris
Olympic Sotheby's Int'l Realty
Buyer's Agent
Heather Battle
Coldwell Banker Evergreen
List Price
$275,000
Sold Price
$275,000
Total Days on Market
322
Current Estimated Value
$628,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,861
Avg. Annual Appreciation
8.31%
Original Mortgage
$270,019
Interest Rate
3.75%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Rabourn Jaclyn M $274,719 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robourn Jaclyn M $289,000
Closed Rabourn Jaclyn M $284,000
Closed Rabourn Jaclyn M $270,019
Previous Owner Bell Wendell D $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $275,000 0.0% $156 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
05/02/2014 05/02/14 For Sale $275,000 -- $156 / 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 $5,459 $555,700 $178,200 $377,500
2023 $5,459 $524,700 $160,400 $364,300
2022 $5,390 $540,600 $126,200 $414,400
2021 $4,847 $433,800 $109,600 $324,200
2020 $4,696 $350,800 $108,500 $242,300
2019 $4,120 $327,900 $91,900 $236,000
2018 $3,839 $275,900 $68,100 $207,800
2017 $3,664 $254,100 $62,300 $191,800
2016 -- $230,650 $71,350 $159,300
2014 -- $165,670 $61,670 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM629691

Northwest Multiple Listing Service (NWMLS)

APN: 13601410401