Listed by Virgil Adams Real Estate, Inc., Bought with Redfin
NOT LISTED FOR SALE

2310 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $1,129,000 - $1,351,000

1 Bed
1 Bath
768 Sq Ft
$1,625/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $482,000 $628 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $7,159/month

3 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Secluded Lot
  • Views of a Sound
  • RV Access or Parking
  • Wooded Lot

About This Home

As of January 2018

Enjoy a huge expanse of low-bank waterfront on two sides of a darling mid-century studio home! Sweeping views of Eld Inlet and Mount Rainier--plus private dock! Level 2+ acres is very usable and ready for your shop or hobbies. Mature trees amid open spaces yet private setting. Water access just steps from your front door, and aquatic sea life always in your viewscape! The turnkey home is designed to build up/out, or to simply cocoon there as a great getaway destination. Must see to appreciate!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 12/19/2017

Co-Listed By

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340

Last Buyer's Agent

Lisa Radovich

Redfin

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1226396

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,202

Year Built

  • Built in 1966

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks

Utilities

  • Propane
  • Private Water Source
  • Septic System
  • Cable TV Available

Community Details

  • Steamboat Island Community

Listing and Financial Details

  • Assessor Parcel Number 12930310501

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,202

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen: Main
  • Estimated Sq Ft: 768
  • Square Footage Finished: 768

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Flat, Torch Down
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Low, Bay, Saltwater, Sound
  • Waterfront Frontage: 420' low bank Eld

Utilities

  • Heating And Cooling: Stove/Free Standing
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 1
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private well
  • Water Heater: Electric
  • Water Source: Private

Condo/Co-op/Association

  • Community Name: Steamboat Island

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 97544
  • Lot Topography Vegetation: Garden Space, Level, Wooded
  • Parcel Number: 12930310501
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 2211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Ray V Cava V and Ray Sheila M
Bought by
Wagner Peter T and Wagner Jane A
Current Estimated Value
$1,247,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$681,282
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$566,619

Purchase Details

Listed on
Dec 19, 2017
Closed on
Jan 5, 2018
Sold by
Smith Lesile G
Bought by
Cava Ray V and Cava Sheila M
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Lisa Radovich
Redfin
List Price
$482,000
Sold Price
$482,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Gill Gary E
Bought by
Smith Leslie G
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
Wagner Peter T $1,200,000 Chicago Title
Cava Ray V $481,719 Chicago Title
Cava Ray V $481,719 Chicago Title
Smith Leslie G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Peter T $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2018 01/08/18 Sold $482,000 0.0% $628 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
12/19/2017 12/19/17 For Sale $482,000 -- $628 / 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 $6,202 $1,023,300 $375,600 $647,700
2023 $6,202 $813,200 $263,200 $550,000
2022 $6,152 $785,700 $234,800 $550,900
2021 $5,067 $681,800 $283,500 $398,300
2020 $3,935 $539,100 $252,800 $286,300
2019 $3,897 $361,800 $264,400 $97,400
2018 $2,433 $199,600 $163,500 $36,100
2017 $2,212 $184,600 $132,000 $52,600
2016 $2,197 $184,950 $132,550 $52,400
2014 -- $181,200 $133,900 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1226396

Northwest Multiple Listing Service (NWMLS)

APN: 12930310501