Listed by Virgil Adams Real Estate, Inc., Bought with Virgil Adams Real Estate, Inc.
NOT LISTED FOR SALE

1334 Madrona Beach Rd NW Olympia, WA 98502

Estimated Value: $987,000 - $1,304,000

3 Beds
2 Baths
2,158 Sq Ft
$531/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $390,000 $181 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $6,864/month

41 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Greenhouse
  • Fruit Trees
  • Views of a Sound
  • Craftsman Architecture
  • Deck

About This Home

As of September 2012

Great place to live. Picturesque landscaping, vintage home w/ 88' of low bank waterfront. Renovated home offers great use of every sq ft. Lrg garden window, plenty of cabinets, island & brkfst bar in the kitchen. Bright lvng rm hrdwd fl, window pane doors, fireplace w/fabulous view of Eld Inlet. 2 br + library den on main floor, bdrm, bonus rm full bath & nook area on the upper lvl. Covered patio w/ a large deck, fenced gorgeous yard. Greenhouse off 2 car garage, few steps to the beach & dock.

Last Agent to Sell the Property

Patrick Pieroni

Virgil Adams Real Estate, Inc. License #18878 Listed on: 06/28/2012

Last Buyer's Agent

Patrick Thier

Virgil Adams Real Estate, Inc. License #16920

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM375468

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,172

Year Built

  • Built in 1940

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • Canal
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 13812330200

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,172

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 1/2 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, French Doors
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2158
  • Square Footage Finished: 2158

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Canal, Sound, Territorial
  • Waterfront: Bank-Low, Bay, Saltwater, Sound
  • Waterfront Frontage: 88

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Heater: garage-electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach

Schools

  • School District: OLY

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 16117
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 13812330200
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 3653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Sep 5, 2012
Sold by
Purble Bay Properties Llc
Bought by
Bradley Joseph T and Bradley Mary Ellen
Seller's Agent
Patrick Pieroni
Virgil Adams Real Estate, Inc.
Buyer's Agent
Patrick Thier
Virgil Adams Real Estate, Inc.
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$1,144,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,899
Avg. Annual Appreciation
8.34%
Original Mortgage
$312,000
Outstanding Balance
$141,433
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$965,863

Purchase Details

Closed on
Feb 21, 2012
Sold by
Farrell Scott
Bought by
Purple Bay Properties Llc

Purchase Details

Closed on
Jul 26, 1999
Sold by
Brewer Thomas M and Brewer Barbara T
Bought by
Ofarrell Kathleen
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
Bradley Joseph T $390,000 Chicago Title Company
Purple Bay Properties Llc -- None Available
Ofarrell Kathleen -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Joseph T $174,200
Open Bradley Joseph T $312,000
Previous Owner Ofarrell Kathleen $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2012 09/11/12 Sold $390,000 0.0% $181 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $390,000 -- $181 / 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 $9,172 $1,118,500 $353,600 $764,900
2023 $9,172 $1,075,600 $286,900 $788,700
2022 $8,292 $1,121,300 $262,400 $858,900
2021 $7,160 $849,100 $234,900 $614,200
2020 $7,185 $653,800 $223,900 $429,900
2019 $5,957 $586,200 $235,000 $351,200
2018 $6,425 $508,400 $192,500 $315,900
2017 $6,905 $561,950 $132,550 $429,400
2016 $5,717 $521,500 $139,000 $382,500
2014 -- $480,450 $140,450 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM375468

Northwest Multiple Listing Service (NWMLS)

APN: 13812330200