NOT LISTED FOR SALE

Estimated Value: $431,000 - $529,000

3 Beds
2 Baths
1,352 Sq Ft
$361/Sq Ft Est. Value

About This Home

This home is located at 1617 Draham Rd NE, Olympia, WA 98516 and is currently estimated at $488,348, approximately $361 per square foot. 1617 Draham Rd NE is a home located in Thurston County with nearby schools including Pleasant Glade Elementary School, Chinook Middle School, and North Thurston High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Melzer Tiffany M
Bought by
Melzer Michael R
Current Estimated Value
$488,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Outstanding Balance
$230,916
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$249,329

Purchase Details

Closed on
Apr 26, 2007
Sold by
Melzer Frances M
Bought by
Melzer Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,200
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2003
Sold by
Melzer Frances M
Bought by
Melzer Frances M and Melzer Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.85%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Melzer Michael R -- Fatco
Melzer Michael R -- Pioneer Title Company
Melzer Frances M -- Stewart Title Of Western Was
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melzer Michael R $27,000
Open Melzer Michael R $246,000
Closed Melzer Michael R $211,200
Closed Melzer Michael R $45,200
Closed Melzer Michael R $224,500
Previous Owner Melzer Michael R $42,500
Previous Owner Melzer Frances M $144,000
Previous Owner Melzer Frances M $100,000
Source: Public Records

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 $4,124 $431,700 $228,200 $203,500
2023 $4,124 $415,500 $220,000 $195,500
2022 $4,022 $370,800 $165,300 $205,500
2021 $3,790 $332,400 $167,100 $165,300
2020 $3,870 $291,700 $167,400 $124,300
2019 $3,097 $307,300 $182,700 $124,600
2018 $3,527 $249,600 $121,400 $128,200
2017 $3,123 $229,400 $118,800 $110,600
2016 $2,879 $206,200 $96,600 $109,600
2014 -- $207,300 $100,400 $106,900
Source: Public Records

Map