NOT LISTED FOR SALE

13640 Forsman Rd SE Olalla, WA 98359

Estimated Value: $637,000 - $745,000

3 Beds
2 Baths
2,152 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $320,000 $149 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,038/month

5 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Secluded Lot
  • Territorial View
  • 1 Fireplace

About This Home

As of May 2016

Freshly renovated 2 story home on 2.51 acres in Olalla. This home features a brand new roof, int/ext paint, front and back decks, new flooring and more. Wooded tranquil setting, positioned well back off Forsman Rd. 2,152 sft of living space, double-sided fireplace, big kitchen with propane range and granite tiled counters. 2 bedrooms nicely sized bedrooms on the main floor plus a spacious master suite upstairs. Big 2 car garage with massive hobby/storage area above. Great value!

Last Agent to Sell the Property

Patrick Mercado

PropertiesNW of Gig Harbor Ltd License #24129 Listed on: 04/20/2016

Last Buyer's Agent

Emily Niles

PropertiesNW of Gig Harbor Ltd License #120756

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM928720

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 1991

Lot Details

  • Street terminates at a dead end
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Propane
  • Septic System

Community Details

  • Olalla Community

Listing and Financial Details

  • Assessor Parcel Number 05220240492008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,022

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1991
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Skylights, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2152
  • Square Footage Finished: 2152

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Septic
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Olalla

Schools

  • School District: SK

Lot Info

  • Lot Details: Dead End Street, Secluded
  • Lot Sq Ft: 109336
  • Lot Topography Vegetation: Garden Space, Partial Slope, Wooded
  • Parcel Number: 05220240492008
  • Lot Topography: Garden Space, Partial Slope, Wooded

Tax Info

  • Tax Amount: 3384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
May 27, 2016
Sold by
Fannie Mae
Bought by
Cooper Joshua D and Krause Mackenzie M
Seller's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Emily Niles
PropertiesNW of Gig Harbor Ltd
List Price
$329,500
Sold Price
$320,000
Premium/Discount to List
-$9,500
-2.88%
Total Days on Market
5
Current Estimated Value
$681,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,892
Avg. Annual Appreciation
8.73%
Original Mortgage
$304,000
Outstanding Balance
$245,359
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$436,533

Purchase Details

Closed on
Nov 23, 2015
Sold by
Hockett Ronald and Hockett Michelle
Bought by
Federal National Mortgage Association
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
Cooper Joshua D $320,000 Servicelink
Federal National Mortgage Association $309,700 1St Am
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Joshua D $304,000
Previous Owner Hockett Ronald $343,000
Previous Owner Hockett Ronald $248,800
Previous Owner Hockett Ronald $62,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $320,000 -2.9% $149 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $329,500 -- $153 / 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 $5,022 $575,410 $131,870 $443,540
2024 $4,869 $575,410 $131,870 $443,540
2023 $4,838 $575,410 $131,870 $443,540
2022 $4,657 $463,880 $105,490 $358,390
2021 $4,418 $416,090 $94,190 $321,900
2020 $4,326 $395,760 $85,770 $309,990
2019 $1,984 $375,240 $80,890 $294,350
2018 $4,055 $315,950 $73,220 $242,730
2017 $3,467 $315,950 $73,220 $242,730
2016 $3,491 $291,240 $69,730 $221,510
2015 $3,384 $286,010 $69,730 $216,280
2014 -- $248,050 $70,910 $177,140
2013 -- $248,050 $70,910 $177,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM928720

Northwest Multiple Listing Service (NWMLS)

APN: 052202-4-049-2008