Listed by Fay Ranches-Washington, Bought with RE/MAX Parkside Affiliates
NOT LISTED FOR SALE

2242 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $584,000 - $785,000

2 Beds
1 Bath
672 Sq Ft
$986/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $675,000 $1,004 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,810/month

Highlights

  • Low Bank Waterfront Property
  • RV Access or Parking
  • Deck
  • Docks
  • Bay View
  • Secluded Lot

About This Home

As of April 2022

Wow, what an incredible opportunity to own your own quiet, and private retreat on the sound in the highly desirable Gravelly Beach neighborhood in a quaint and peaceful cove! This property is charming and full of character; it features RV parking, a storage shed and has a lovely beach with ample room to roam about. Enjoy evenings with bonfires by the beach, kayaking, paddle boarding, swimming, oyster harvesting, and more! This would be a great personal getaway, full-time home, or an Airbnb/investment property. Another plus - this property is "grandfathered in" providing options for expansion! making it an extremely rare find! Turn this into an investment opportunity or make this your personal summer retreat!

Last Agent to Sell the Property

Ryan Deskins

Fay Ranches-Washington License #27541 Listed on: 03/17/2022

Last Buyer's Agent

Chrystal Camus

RE/MAX Parkside Affiliates License #121104

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1902420

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,813

Year Built

  • Built in 1943

Lot Details

  • 0.89 Acre Lot
  • Low Bank Waterfront Property
  • 275 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Brush Vegetation
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • RV Access or Parking

Property Views

  • Bay
  • Territorial

Home Design

  • Cabin
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Wood Composite

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Softwood Flooring

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Deck
  • Outbuilding

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gravelly Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12930320000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,813

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1943
  • Inclusions: Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 672
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Softwood
  • Interior Amenities: Fir/Softwood, Water Heater
  • Living Area: 672
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 672
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Refrigerator,Stove/Range

Exterior Features

  • Roof: Flat
  • View: Bay, Territorial
  • Lot Features: Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Bay/Harbor, Sound
  • Waterfront: Yes
  • Exterior Features: Wood Products
  • Foundation Details: Post & Pillar
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 275

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Parking, None

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electricity Available, Wood, Individual Well
  • HeatingCoolingType: Baseboard,Stove/Free Standing
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: None
  • WaterHeaterLocation: Back Entry
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Griffin
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 12930320000
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.89
  • Lot Size Sq Ft: 38768
  • Zoning Description: N
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Outbuildings,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2813

Multi Family

  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 18, 2022
Sold by
Doelman Nicolaas H and Doelman Nora C
Bought by
Walsh Diana and Gritton Jordan
Seller's Agent
Ryan Deskins
Fay Ranches-Washington
Buyer's Agent
Chrystal Camus
RE/MAX Parkside Affiliates
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$662,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,356
Avg. Annual Appreciation
-0.53%
Original Mortgage
$607,500
Outstanding Balance
$568,176
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$94,468

Purchase Details

Closed on
Oct 7, 2011
Sold by
Toohey John R
Bought by
Doelman Nicolaas H and Doelman Nora C
Source: Public Records

Range of Values:

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Average Value
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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
Walsh Diana $675,000 Thurston County Title
Doelman Nicolaas H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Diana $607,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $675,000 0.0% $1,004 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $675,000 -- $1,004 / 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 $3,391 $503,700 $386,100 $117,600
2023 $3,391 $438,400 $311,800 $126,600
2022 $3,188 $326,900 $201,400 $125,500
2021 $2,813 $347,700 $268,400 $79,300
2020 $3,127 $294,600 $238,200 $56,400
2019 $2,603 $285,800 $238,700 $47,100
2018 $2,749 $226,600 $183,500 $43,100
2017 $2,207 $184,100 $127,100 $57,000
2016 $2,105 $173,600 $150,600 $23,000
2014 -- $173,250 $152,150 $21,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1902420

Northwest Multiple Listing Service (NWMLS)

APN: 12930320000