NOT LISTED FOR SALE

1748 Yelm Hwy SE Olympia, WA 98501

Estimated Value: $538,000 - $618,000

2 Beds
1 Bath
1,626 Sq Ft
$351/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $300,000 $185 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,434/month

231 Days on Market

Highlights

  • Fruit Trees
  • Territorial View
  • 1 Fireplace
  • Centennial Elementary School Rated A
  • Traditional Architecture
  • Detached Garage

About This Home

As of March 2017

R 4-8 ZONING IN A HIGH TRAFFIC AREA! Existing home with large garage/shop & Accessory Dwelling Unit (ADU) [not permitted] on a fenced .63 acres. Zoning allows several commercial-type/business uses--- Check City of Olympia approved zoning uses. Just down from the Briggs Village development. All utilities nearby for future expansion. 616SF Accessory dwelling Unit (1BR & 3/4 BTH). Not permitted & not finished all the way. Garage is 264sf Enclosed Porch is 98 sf (May not be permitted).

Last Agent to Sell the Property

Tom Schrader

RE/MAX Parkside Affiliates License #118109 Listed on: 06/13/2016

RE/MAX Parkside Affiliates

Co-Listed By

Kyle Schrader

RE/MAX Parkside Affiliates License #122699

Last Buyer's Agent

Tom Schrader

RE/MAX Parkside Affiliates License #118109 Listed on: 06/13/2016

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM960502

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,003

Year Built

  • Built in 1981

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned R 4-8

Home Design

  • Traditional Architecture
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Detached Garage
  • Attached Carport
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Private Water Source
  • Septic System
  • Cable TV Available

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 12836240302

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,003

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Traditional
  • Building Information: Additional Dwelling
  • Entrance Level: Main
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Skylights
  • Floor Covering: Laminate
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • 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
  • Living Room: Main
  • Estimated Sq Ft: 1626
  • Square Footage Finished: 1626

Exterior Features

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

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Detached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Company: City of Olympia
  • Water Heater: Main
  • Water Source: Private

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • Elementary School: Centennial Elem
  • Middle School: Wash Mid
  • High School: Olympia High
  • School District: OLY

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 185 x 125
  • Lot Sq Ft: 27442
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 12836240302
  • Zoning Code: R 4-8
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 2647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Mar 23, 2017
Sold by
Bannan Kenneth S and Sanannam Kittima
Bought by
Olson Thomas D and Olson Lynley H
Seller's Agent
Tom Schrader
RE/MAX Parkside Affiliates
Buyer's Agent
Tom Schrader
RE/MAX Parkside Affiliates
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%
Current Estimated Value
$570,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,689
Avg. Annual Appreciation
7.79%
Original Mortgage
$240,000
Outstanding Balance
$198,910
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$371,779

Purchase Details

Listed on
Jan 3, 2012
Closed on
Aug 6, 2012
Sold by
Combs Sheri Sue and Seibold Sheri Sue
Bought by
Bannan Kenneth S
Seller's Agent
Tyrone Brown
Better Properties South Sound
Buyer's Agent
Lisa Lageschulte
RE/MAX Connect
List Price
$152,000
Sold Price
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%

Purchase Details

Listed on
Jan 3, 2012
Closed on
Aug 4, 2012
Sold by
Sanannam Ykittima
Bought by
Bannan Kenneth S
Seller's Agent
Tyrone Brown
Better Properties South Sound
Buyer's Agent
Lisa Lageschulte
RE/MAX Connect
List Price
$152,000
Sold Price
$152,000

Purchase Details

Closed on
Dec 21, 1995
Sold by
Seibold William A and Seibold Geneva M
Bought by
Seibold Gene Anthony and Seibold Sheri Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,877
Interest Rate
7.37%
Mortgage Type
FHA
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
Olson Thomas D $299,719 Stewart Title Company
Bannan Kenneth S $118,292 First American Title Ins Co
Bannan Kenneth S -- First American Title Ins Co
Seibold Gene Anthony $92,000 Transamerica Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Thomas D $240,000
Previous Owner Seibold Gene Anthony $89,877
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2017 03/31/17 Sold $300,000 -6.0% $185 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $319,000 +6.3% $196 / Sq Ft
12/12/2016 12/12/16 Off Market $300,000 -- --
07/22/2016 07/22/16 For Sale $319,000 0.0% $196 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $319,000 +109.9% $196 / Sq Ft
08/07/2012 08/07/12 Sold $152,000 0.0% $66 / Sq Ft View Prior Sale
02/03/2012 02/03/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $152,000 -- $66 / 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 $5,003 $518,600 $166,800 $351,800
2023 $5,003 $478,300 $169,300 $309,000
2022 $4,847 $464,600 $132,600 $332,000
2021 $4,066 $405,600 $137,300 $268,300
2020 $4,283 $314,800 $90,400 $224,400
2019 $3,833 $323,500 $112,400 $211,100
2018 $3,177 $235,800 $73,800 $162,000
2017 $2,809 $224,550 $76,350 $148,200
2016 $2,829 $218,000 $83,700 $134,300
2014 -- $226,100 $85,000 $141,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM960502

Northwest Multiple Listing Service (NWMLS)

APN: 12836240302