Listed by RE/MAX Parkside Affiliates, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

1724 Lorraine Dr SE Olympia, WA 98501

Estimated Value: $512,000 - $668,000

3 Beds
2 Baths
1,600 Sq Ft
$362/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $228,000 $142 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,456/month

23 Days on Market

Highlights

  • Horses Allowed On Property
  • Ceramic Tile Flooring
  • Wood Siding
  • Territorial View

About This Home

As of February 2016

Private location with plenty of outdoor space! This 3 bedroom 1.5 bathroom home features 1600 SF and sits on a 4.76 acre lot with shop! New interior and exterior paint and flooring throughout as well as a furnace, heat pump, new electrical panel and water heater makes this home move-in ready! Great location, just minutes to town! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Pamela Brechwald

RE/MAX Parkside Affiliates License #75620 Listed on: 12/18/2015

RE/MAX Parkside Affiliates

Last Buyer's Agent

Melody Cahill

Van Dorm Realty, Inc License #4482

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM871353

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,656

Year Built

  • Built in 1976

Lot Details

  • 4.76

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Utilities

  • Well
  • Septic System

Additional Features

  • Territorial Views
  • Dishwasher
  • 2 Bathrooms
  • Sloped Lot
  • Horses Allowed On Property

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 12736211401

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,656

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1976
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.50
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Main: 2
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1600
  • Square Footage Finished: 1600

Exterior Features

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • School District: TEN

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 207346
  • Lot Topography Vegetation: Equestrian, Partial Slope
  • Parcel Number: 12736211401
  • Lot Topography: Equestrian, Partial Slope

Tax Info

  • Tax Amount: 2687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Feb 19, 2016
Sold by
Fannie Mae
Bought by
Kam Clinton J and Kam Alexandra
Seller's Agent
Pamela Brechwald
RE/MAX Parkside Affiliates
Buyer's Agent
Melody Cahill
Van Dorm Realty, Inc
List Price
$224,900
Sold Price
$228,000
Premium/Discount to List
$3,100
1.38%
Current Estimated Value
$579,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,389
Avg. Annual Appreciation
10.26%
Original Mortgage
$182,400
Outstanding Balance
$84,909
Interest Rate
3.92%
Mortgage Type
Unknown
Estimated Equity
$492,816

Purchase Details

Closed on
Jul 15, 2015
Sold by
Mccreery Linda
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 14, 2005
Sold by
Barrett George E and Barrett George Edward Eddie
Bought by
Mccreery Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 3, 2003
Sold by
Mccreery Linda
Bought by
Barrett George Edward Eddie

Purchase Details

Closed on
Sep 11, 2002
Sold by
Barrett George Edward
Bought by
Mccreery Linda

Purchase Details

Closed on
Feb 14, 2001
Sold by
Household Finance Corp Iii
Bought by
Barrett George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,875
Interest Rate
6.89%

Purchase Details

Closed on
Nov 3, 2000
Sold by
Webley Frank L and Webley Tammy A
Bought by
Household Finance Corp Iii
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
Kam Clinton J $228,000 Servicelink
Federal National Mortgage Association $224,671 Thurston County Title
Mccreery Linda $240,000 Stewart Title Of Western
Barrett George Edward Eddie -- Pioneer Title Company
Mccreery Linda -- --
Barrett George E $132,500 Transnation Title Insurance
Household Finance Corp Iii $138,550 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kam Clinton J $182,400
Previous Owner Mccreery Linda $272,000
Previous Owner Mccreery Linda $243,750
Previous Owner Mccreery Linda $208,000
Previous Owner Mccreery Linda $168,000
Previous Owner Barrett George E $125,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $228,000 +1.4% $143 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $224,900 0.0% $141 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/18/2015 12/18/15 For Sale $224,900 -- $141 / 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 $3,656 $423,600 $215,600 $208,000
2023 $3,656 $398,800 $216,800 $182,000
2022 $2,492 $320,100 $122,200 $197,900
2021 $2,514 $255,000 $97,600 $157,400
2020 $2,337 $214,200 $89,600 $124,600
2019 $2,051 $197,700 $75,400 $122,300
2018 $2,375 $182,200 $67,500 $114,700
2017 $2,215 $174,600 $69,700 $104,900
2016 $1,851 $165,650 $59,050 $106,600
2014 -- $158,150 $58,450 $99,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM871353

Northwest Multiple Listing Service (NWMLS)

APN: 12736211401