NOT LISTED FOR SALE

1507 Middle St SE Olympia, WA 98501

Estimated Value: $1,637,000 - $1,918,000

5 Beds
5 Baths
5,045 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $1,480,000 $293 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,327/month

Highlights

  • In Ground Pool
  • RV Access or Parking
  • Deck
  • Pioneer Elementary School Rated A
  • Fruit Trees
  • Secluded Lot

About This Home

As of October 2021

Rare opportunity! The only estate scale quality home within blocks to the best schools in the area. Investment grade home offers valuable development rights up to 8 units per acre or simply enjoy it as an estate. Comes with all city services and a private well as a bonus. Includes a large area ready for the shop of your dreams and a nearly complete ADU pool house. Minutes from the freeway, downtown, or shopping, this extra large craftsman features 5 bedrooms, 4.5 baths, title roof, copper gutters, large swimming pool, beautiful landscaping, and quality finishes throughout. Relax or entertain outside by the gas fire pit, swimming pool, huge patio, or park like grounds. Nothing like this exists anywhere; it checks all the boxes!

Last Agent to Sell the Property

Patrick Pieroni

Virgil Adams Real Estate, Inc. License #18878 Listed on: 08/30/2021

Co-Listed By

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654

Last Buyer's Agent

Karen Hamilton

Coldwell Banker Evergreen License #28243

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1831822

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,056

Year Built

  • Built in 2003

Lot Details

  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden

Home Design

  • Slab Foundation
  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Outbuilding

Utilities

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

Community Details

  • South Eastside Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 82200700200

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,056

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 5
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 4.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5045
  • Square Footage Finished: 5045
  • Square Footage Unfinished: 710

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Tile
  • View: Territorial
  • Pool: In-Ground

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Septic
  • Sewer Company: Olympia
  • Water Company: Olympia/well
  • Water Heater: Garage-Gas
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: South Eastside Olympia

Schools

  • School District: OLY

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 144176
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level, Wooded
  • Parcel Number: 82200700200
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 15004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 4, 2021
Sold by
Mcclanahan Douglas J and Mcclanahan Gwen J
Bought by
Hickey Roger and Hickey Linda
Seller's Agent
Patrick Pieroni
Virgil Adams Real Estate, Inc.
Buyer's Agent
Karen Hamilton
Coldwell Banker Evergreen
List Price
$1,480,000
Sold Price
$1,480,000
Current Estimated Value
$1,765,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,184
Avg. Annual Appreciation
4.44%
Original Mortgage
$1,000,000
Outstanding Balance
$911,907
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$853,277

Purchase Details

Listed on
Apr 9, 2014
Closed on
Sep 11, 2014
Sold by
Buechel Richard F and Buechel Catherine A
Bought by
Mcclanahan Douglas J and Mcclanahan Gwen J
Seller's Agent
JW Webb
PRO RLTYSRVCS Eastside
Buyer's Agent
JW Webb
PRO RLTYSRVCS Eastside
List Price
$1,025,000
Sold Price
$944,500
Premium/Discount to List
-$80,500
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2002
Sold by
Bacon James C and Bacon Susan Ellen
Bought by
Buechel Richard F and Buechel Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 14, 2002
Sold by
Bacon James C
Bought by
Bacon James C and Bacon Susan Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hickey Roger $1,480,000 Thurston County Title
Mcclanahan Douglas J $944,213 Thurston County Title
Buechel Richard F -- Chicago Title Insurance Comp
Bacon James C -- Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Roger $1,000,000
Previous Owner Mcclanahan Douglas J $417,000
Previous Owner Bacon James C $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2021 10/06/21 Sold $1,480,000 0.0% $293 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $1,480,000 +56.7% $293 / Sq Ft
09/15/2014 09/15/14 Sold $944,500 -5.1% $175 / Sq Ft View Prior Sale
08/19/2014 08/19/14 Pending -- -- --
07/16/2014 07/16/14 Price Changed $995,000 -2.9% $185 / Sq Ft
04/09/2014 04/09/14 For Sale $1,025,000 -- $190 / 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 $13,056 $2,043,500 $208,200 $1,835,300
2023 $13,056 $1,247,200 $219,500 $1,027,700
2022 $14,830 $1,497,000 $164,200 $1,332,800
2021 $15,004 $1,240,600 $163,600 $1,077,000
2020 $15,458 $1,162,100 $123,800 $1,038,300
2019 $17,417 $1,168,100 $180,700 $987,400
2018 $17,953 $1,332,500 $138,300 $1,194,200
2017 $15,362 $1,230,150 $141,350 $1,088,800
2016 $14,506 $1,104,300 $149,300 $955,000
2014 -- $1,160,450 $151,650 $1,008,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1831822

Northwest Multiple Listing Service (NWMLS)

APN: 82200700200