Listed by Morrison House Sotheby's Intl, Bought with NextHome Northwest Group
NOT LISTED FOR SALE

2046 Arab Dr SE Olympia, WA 98501

Estimated Value: $650,000 - $725,000

3 Beds
2.5 Baths
2,370 Sq Ft
$292/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $677,000 $286 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,180/month

96 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • Territorial View
  • Peter G. Schmidt Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of February 2024

$10K Buyer BONUS! Picture perfect in highly desirable Bush Prairie neighborhood. Meticulously maintained, 4 bed + den + office (3 bed septic) home on over 1/3 acre! The kitchen is a chef's delight w/ new quartz counters! Primary bedroom is bright and airy featuring a window wall w/ back yard views, a walk-in closet + pristine 5 piece en-suite. The ideal floor plan w/ options to entertain in the formal dining room or in the spacious & fully fenced back yard. Enjoy afternoon naps in the cozy hammock and evenings under the stars by the custom firepit or soaking in the built-in hot tub. Newer exterior paint & mature landscaping, adorned w/ coveted curb appeal! 3 car garage w/ room to park RV or toys! Convenient location & Tumwater Schools!

Last Agent to Sell the Property

Courtney Drennon

Morrison House Sotheby's Intl License #74829 Listed on: 09/27/2023

Morrison House Sotheby's Intl

Last Buyer's Agent

Cari Schwisow

NextHome Northwest Group License #108506

NextHome Northwest Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2165481

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,836

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100'x160'x103'x132'
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Value in Land
  • Property is in very good condition
  • Zoning described as SFL

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bush Prairie Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,836

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2003
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Bush Prairie
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2370
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: Dif. if LA Sells
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2165481?w=Consumer&agent=42341
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Hardwood, Laminate Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 2370
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2370
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Tumwater Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 198
  • Association Fee Frequency: Annually
  • Association: Yes
  • Common Interest: Residential

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 37990017700
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.3312
  • Lot Size: 100'x160'x103'x132'
  • Lot Size Sq Ft: 14427
  • Zoning Description: SFL
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Hot Tub/Spa,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5836

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Feb 9, 2024
Sold by
Hudson Gregory A and Hudson Holly L
Bought by
Ross Audrey A
Seller's Agent
Courtney Drennon
Morrison House Sotheby's Intl
Buyer's Agent
Cari Schwisow
NextHome Northwest Group
List Price
$725,000
Sold Price
$677,000
Premium/Discount to List
-$48,000
-6.62%
Views
238
Current Estimated Value
$692,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,760
Avg. Annual Appreciation
1.42%

Purchase Details

Closed on
Jan 15, 2004
Sold by
Todd A Hansen Inc
Bought by
Hudson Gregory A and Hudson Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,960
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2003
Sold by
Loveless Development Llc
Bought by
Todd A Hansen Inc

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
5.18%
Mortgage Type
Construction
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
Ross Audrey A $677,000 Thurston County Title
Hudson Gregory A $284,950 Thurston County Title
Todd A Hansen Inc $60,250 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudson Gregory A $227,960
Previous Owner Todd A Hansen Inc $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $677,000 -3.1% $286 / Sq Ft
01/01/2024 01/01/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $699,000 -1.5% $295 / Sq Ft
10/12/2023 10/12/23 Price Changed $710,000 -2.1% $300 / Sq Ft
09/27/2023 09/27/23 For Sale $725,000 -- $306 / 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 $6,016 $613,900 $159,000 $454,900
2023 $6,016 $601,200 $161,600 $439,600
2022 $5,846 $598,300 $113,600 $484,700
2021 $5,733 $496,900 $101,500 $395,400
2020 $5,731 $447,000 $101,200 $345,800
2019 $5,041 $433,300 $101,800 $331,500
2018 $4,335 $335,900 $80,800 $255,100
2017 $4,202 $320,400 $72,800 $247,600
2016 $4,083 $301,150 $76,550 $224,600
2014 -- $295,900 $78,300 $217,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2165481

Northwest Multiple Listing Service (NWMLS)

APN: 37990017700