NOT LISTED FOR SALE

1551 88th Ave SW Olympia, WA 98512

Estimated Value: $725,000 - $885,000

3 Beds
1 Bath
2,066 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $789,900 $382 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,930/month

23 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • RV Access or Parking
  • East Olympia Elementary School Rated A-
  • Greenhouse
  • Fruit Trees

About This Home

As of July 2021

7+ acres of serenity practicing organic farming for 20+yrs. It's all offered here; Sprawling country rambler with formal & informal living areas, massive Master Suite w/walk in closet & en suite bath, large secondary bedrooms. Spacious family room w/propane stove & slider to covered patio. Hardwood flooring throughout. Fresh interior paint. Open fields for grazing livestock, numerous garden areas, magical forest area, 2 wells, 48x30 shop, 36x24 barn,36x24 machine shed, green house, plus 200 sqft darling guest house. Electric car charging station, solar power, so much more!!!! Highly desirable Tumwater location, minutes to 1-5 No/So.

Last Agent to Sell the Property

Deborah Dunham-Bouis

Olympic Sotheby's Int'l Realty License #12388 Listed on: 06/09/2021

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Abbie Andersen

Redfin License #134797

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1788832

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,604

Year Built

  • Built in 1977

Lot Details

  • Property is Fully Fenced
  • Secluded Lot
  • Fruit Trees
  • Wooded Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Greenhouse
  • Outbuilding

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Propane
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Tumwater Community

Listing and Financial Details

  • Assessor Parcel Number 12715310100

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,604

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Skylights, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2066
  • Square Footage Finished: 2066

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 10

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Insert
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Heater: Garage-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Tumwater

Schools

  • School District: TUM

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 320166
  • Lot Topography Vegetation: Equestrian, Fruit Trees, Garden Space, Pasture, Wooded
  • Parcel Number: 12715310100
  • Lot Topography: Equestrian, Fruit Trees, Garden Space, Pasture, Wooded

Tax Info

  • Tax Amount: 5221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 28, 2021
Sold by
Armstrong Nancy E and Zita Elizabeth J
Bought by
Lysne Amanda and Lysne Erik Anders
Seller's Agent
Deborah Dunham-Bouis
Olympic Sotheby's Int'l Realty
Buyer's Agent
Abbie Andersen
Redfin
List Price
$789,900
Sold Price
$789,900
Total Days on Market
23
Current Estimated Value
$825,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,381
Avg. Annual Appreciation
1.15%
Original Mortgage
$631,920
Outstanding Balance
$580,540
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$244,741

Purchase Details

Closed on
Feb 27, 2013
Sold by
Armstrong Nancy E and Zita Elizabeth J
Bought by
Armstrong Nancy E and Zita Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 2, 1998
Sold by
Hoover Kenneth L and Christiansen Claire B
Bought by
Armstrong Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
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
Lysne Amanda $840,461 Stewart Title
Armstrong Nancy E -- None Available
Armstrong Nancy $251,000 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lysne Amanda $631,920
Previous Owner Armstrong Nancy E $35,000
Previous Owner Zita Elizabeth J $10,000
Previous Owner Armstrong Nancy $144,500
Previous Owner Armstrong Nancy $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $789,900 0.0% $382 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $789,900 -- $382 / 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 $6,604 $642,190 $198,690 $443,500
2023 $6,604 $620,830 $179,530 $441,300
2022 $5,611 $574,790 $139,690 $435,100
2021 $5,221 $446,990 $142,690 $304,300
2020 $4,714 $374,390 $131,290 $243,100
2019 $4,840 $325,330 $92,830 $232,500
2018 $3,686 $260,910 $89,610 $171,300
2017 $3,826 $262,060 $90,860 $171,200
2016 $3,909 $254,970 $88,170 $166,800
2014 -- $268,570 $88,170 $180,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1788832

Northwest Multiple Listing Service (NWMLS)

APN: 12715310100