NOT LISTED FOR SALE

13321 Wallace Rd SE Olalla, WA 98359

Estimated Value: $1,011,876 - $1,087,000

4 Beds
4 Baths
3,218 Sq Ft
$328/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $801,550 $249 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,374/month

35 Days on Market

Highlights

  • Spa
  • Secluded Lot
  • Territorial View
  • Deck
  • Wooded Lot
  • Wood Flooring

About This Home

As of January 2021

Looking for land & a fantastic entertainer’s delight? well you found it! This spacious 3,218 sq ft 2 story home built in 2006 on 4.76 +/- acres has 4 bedrooms with 3 1/2 baths & large bonus room. The expansive kitchen with SS appliances, double oven, large island & plenty of cabinets will make your food preparation a breeze. The welcoming living room with gas fireplace will help keep you warm & cozy while sharing conversations. Full wrap around front porch where you can relax & soak up the peace & serenity year round. Several outbuildings with fenced & cross fenced pasture. Enjoy having your own mini farm on this conveniently located property in Olalla with large garden space & mini orchard. Also included is a newer lap pool & sauna.

Last Agent to Sell the Property

Paul Elkins

Gig Harbor Real Estate License #10542 Listed on: 11/23/2020

Last Buyer's Agent

Clarice Rhoads

John L. Scott Dupont License #242218

John L. Scott Dupont

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1678253

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,558

Year Built

  • Built in 2006

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Stone

Interior Spaces

  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Farming

  • Pasture

Utilities

  • Propane
  • Shared Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Olalla Community

Listing and Financial Details

  • Assessor Parcel Number 05220210572003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,558

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Jetted Tub, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Bathrooms: 3.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3218
  • Square Footage Finished: 3218

Exterior Features

  • Exterior: Cement/Concrete, Stone
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Shared Well
  • Water Heater: Garage-Propane
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Olalla

Schools

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

Lot Info

  • Lot Details: Corner Lot, Dead End Street, Open Space, Secluded
  • Lot Sq Ft: 207349
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Pasture, Rolling, Sloped, Wooded
  • Parcel Number: 05220210572003
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Partial Slope, Pasture, Rolling, Sloped, Wooded

Tax Info

  • Tax Amount: 6370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Blesener Jeffrey A and Blesener Megan A
Bought by
Blesener Trust
Current Estimated Value
$1,054,219

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 19, 2021
Sold by
Smith Owen B and Reinke Amy C
Bought by
Blesener Jeffrey A and Blesener Megan A
Seller's Agent
Paul Elkins
Gig Harbor Real Estate
Buyer's Agent
Clarice Rhoads
John L. Scott Dupont
List Price
$743,500
Sold Price
$801,550
Premium/Discount to List
$58,050
7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$547,800
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 27, 2018
Sold by
Banks William Gerard and Kingsbury Kathleen
Bought by
Smith Owen B and Reinke Amy C
Seller's Agent
Karin Kay
360 Real Estate Group
Buyer's Agent
Sandi Eddy
Windermere Prof Partners
List Price
$579,900
Sold Price
$579,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Banks William Gerard
Bought by
Banks William Gerard and Kingsbury Kathleen

Purchase Details

Closed on
Mar 27, 2008
Sold by
Ferguson & Cole Inc
Bought by
Banks William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,250
Interest Rate
5.99%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Blesener Trust -- --
Blesener Jeffrey A $801,550 Fidelity National Title
Smith Owen B $579,900 Land Title Company
Banks William Gerard -- None Available
Banks William G $555,280 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blesener Trust $187,000
Previous Owner Blesener Jeffrey A $547,800
Previous Owner Smith Owen B $440,000
Previous Owner Smith Owen B $453,100
Previous Owner Banks William G $417,000
Previous Owner Banks William G $111,250
Previous Owner Banks William G $111,250
Previous Owner Banks William G $416,000
Previous Owner Ferguson & Cole Inc $436,000
Previous Owner Ferguson & Cole Inc $398,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $801,550 +7.8% $249 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $743,500 +28.2% $231 / Sq Ft
07/03/2018 07/03/18 Sold $579,900 0.0% $180 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $579,900 -- $180 / 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
2025 $7,558 $874,270 $164,190 $710,080
2024 $7,328 $874,270 $164,190 $710,080
2023 $7,282 $874,270 $164,190 $710,080
2022 $6,982 $701,920 $131,350 $570,570
2021 $6,604 $627,520 $117,280 $510,240
2020 $6,370 $587,820 $99,230 $488,590
2019 $5,765 $584,740 $93,590 $491,150
2018 $6,260 $487,940 $84,710 $403,230
2017 $5,304 $487,940 $84,710 $403,230
2016 $5,140 $432,370 $80,680 $351,690
2015 $4,968 $423,270 $80,680 $342,590
2014 -- $388,170 $80,000 $308,170
2013 -- $388,170 $80,000 $308,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1678253

Northwest Multiple Listing Service (NWMLS)

APN: 052202-1-057-2003