Listed by Van Dorm Realty, Inc, Bought with Virgil Adams Real Estate, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,023,000 - $1,557,000

4 Beds
4 Baths
5,685 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $1,100,000 $193 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,459/month

53 Days on Market

Highlights

  • Views of a Sound
  • Second Kitchen
  • Two Primary Bedrooms
  • Reeves Middle School Rated A-
  • RV Access or Parking
  • 0.6 Acre Lot

About This Home

As of May 2022

1st time on Market! Stunning NW Contemporary w/ Bay View! Palatial 5,685 SQ. FT. of fabulous, flexible living space, sited on a lush 1/2 AC+ in coveted Sunset Beach NBHD. Walk to Priest Point Saltwater Park! Near Marina, Farmers Market, Shops, Wrtfrnt Dining & Cap Campus. Scenic Great Room w/glass Prow Front & Cozy Gas FP. Designer Kitchen w/SS Appl. Craft Cabinets, Custom Dinette, Art Tile Island. Massive wrap-around Deck - Billiard Room & Sports Court. Perfect for entertaining! Restful Master Suite w/View, Vaults, Skylights - 5-pc ensuite w/ 2 WI Closets. 3 Living Areas w/ext. entry. 2 Kitchens. Studio w/Kitchenette & 3/4 Bath. 2 HVAC sys & Wtr Htrs. Outstanding Air BnB, Multi Fam/MIL potential. 3 car garage. Parking for 6. EZ 1-5 access.

Last Agent to Sell the Property

Sue Holmquist

Van Dorm Realty, Inc License #121819 Listed on: 02/03/2022

Van Dorm Realty, Inc

Last Buyer's Agent

Rick Wilson

Virgil Adams Real Estate, Inc. License #72711

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1875593

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1988

Lot Details

  • 0.6 Acre Lot
  • Partially Fenced Property
  • Sloped Lot
  • Zoning described as R4-8

Property Views

  • Views of a Sound
  • Bay
  • Limited

Home Design

  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 5,685 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Dining Room
  • Loft
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Second Kitchen
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Sport Court
  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Roosevelt Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Bay Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 77900200200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,008

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1988
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 5685
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,262

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet, Laminate, Second Kitchen, Second Primary Bedroom, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Loft, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 5685
  • Main Level Bedrooms: 1
  • Bathrooms: 3.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 5685
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 2
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Tile
  • View: Bay, Partial, Sound
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterHeaterLocation: Workshop & LL Utility
  • WaterHeaterType: gas
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Reeves Mid

Lot Info

  • Parcel Number: 77900200200
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.6006
  • Lot Size Sq Ft: 26163
  • Zoning Description: R4-8
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,RV Parking
  • MLSLotSizeSource: Tax
  • MLSSquareFootageSource: Tax
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2008

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Roosevelt Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
May 17, 2022
Sold by
Donald Preston Sr
Bought by
James Nicolas and Scott Elena
Seller's Agent
Sue Holmquist
Van Dorm Realty, Inc
Buyer's Agent
Rick Wilson
Virgil Adams Real Estate, Inc.
List Price
$1,450,000
Sold Price
$1,100,000
Premium/Discount to List
-$350,000
-24.14%
Total Days on Market
53
Current Estimated Value
$1,345,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,545
Avg. Annual Appreciation
7.10%
Original Mortgage
$770,000
Outstanding Balance
$733,525
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$646,811

Purchase Details

Closed on
Feb 12, 2008
Sold by
Preston Theresa L
Bought by
Preston Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.65%
Mortgage Type
Unknown
Source: Public Records

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
James Nicolas $1,100,000 Chicago Title
Preston Donald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Nicolas $770,000
Previous Owner Preston Donald W $294,900
Previous Owner Preston Donald W $400,000
Previous Owner Preston Donald $200,000
Previous Owner Preston Donald W $100,000
Previous Owner Preston Donald W $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $1,100,000 -18.5% $193 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $1,350,000 -6.9% $237 / Sq Ft
02/03/2022 02/03/22 For Sale $1,450,000 -- $255 / 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 $14,210 $1,354,300 $223,100 $1,131,200
2023 $14,210 $1,360,100 $198,700 $1,161,400
2022 $1,833 $1,326,800 $168,600 $1,158,200
2021 $2,008 $1,221,000 $177,300 $1,043,700
2020 $2,044 $976,000 $107,400 $868,600
2019 $2,086 $984,600 $116,100 $868,500
2018 $4,769 $837,700 $97,400 $740,300
2017 $9,173 $735,150 $116,350 $618,800
2016 $8,323 $711,500 $88,100 $623,400
2014 -- $666,450 $91,750 $574,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1875593

Northwest Multiple Listing Service (NWMLS)

APN: 77900200200