NOT LISTED FOR SALE

2400 Morse Rd SE Olympia, WA 98501

Cain Road Neighborhood

Estimated Value: $488,769 - $553,000

2 Beds
2 Baths
1,680 Sq Ft
$315/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $308,400 $184 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,043/month

52 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Territorial View
  • McKenny Elementary School Rated A-
  • Secluded Lot
  • 1 Fireplace

About This Home

As of September 2017

Beautiful 5 acre property in the heart of Olympia. This property is zoned multi with the City of Olympia. Current home features 1680 Sq, Ft, including the apartment above the detached garage. Great property for home based business or customize this home & property for a private estate.

Last Agent to Sell the Property

Lorena Evankovich

NextHome Northwest Group License #49214 Listed on: 07/10/2017

NextHome Northwest Group

Last Buyer's Agent

Jon Pettit

Burger Professionals

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1142970

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Street terminates at a dead end
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • Cabin
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • South Eastside Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 12825110400

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Cabin
  • Approved Accessory Dwelling: Upper
  • Building Information: Additional Dwelling
  • Entrance Level: Main
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1660
  • Square Footage Finished: 1680

Exterior Features

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

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Available, Septic
  • Sewer Company: Septic
  • Water Company: City of Olympia
  • Water Heater: Utility-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South Eastside Olympia

Schools

  • School District: OLY

Lot Info

  • Lot Details: Dead End Street, Secluded
  • Lot Dimensions: 5 acres
  • Lot Sq Ft: 217800
  • Lot Topography Vegetation: Brush, Fruit Trees, Garden Space, Level, Partial Slope
  • Parcel Number: 12825110400
  • Zoning Jurisdiction: City
  • Lot Topography: Brush, Fruit Trees, Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 3230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Sep 14, 2017
Sold by
Porter William E and Porter Aurita L
Bought by
Ballard Terry S
Seller's Agent
Lorena Evankovich
NextHome Northwest Group
Buyer's Agent
Jon Pettit
Burger Professionals
List Price
$325,000
Sold Price
$308,400
Premium/Discount to List
-$16,600
-5.11%
Current Estimated Value
$529,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,792
Avg. Annual Appreciation
6.78%
Original Mortgage
$216,000
Outstanding Balance
$180,521
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$348,671
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Ballard Terry S $308,119 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Terry S $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $308,400 -5.1% $184 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $325,000 -- $193 / 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 $3,115 $309,500 $294,100 $15,400
2023 $3,115 $297,200 $275,300 $21,900
2022 $2,825 $245,700 $217,100 $28,600
2021 $3,205 $235,900 $207,900 $28,000
2020 $4,265 $247,800 $220,600 $27,200
2019 $3,840 $322,000 $288,100 $33,900
2018 $4,159 $308,600 $200,700 $107,900
2017 $3,370 $269,400 $174,500 $94,900
2016 $3,230 $255,450 $166,150 $89,300
2014 -- $258,000 $163,800 $94,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lorena Evankovich

    NextHome Northwest Group

    (360) 239-1159

    35 Total Sales

    Lorena Evankovich
    Section Image

  • J

    Buyer's Agent in 2017

    Jon Pettit

    Burger Professionals

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1142970

Northwest Multiple Listing Service (NWMLS)

APN: 12825110400

Washington Thurston County Olympia 98501 Cain Road

2400 Morse Rd SE, Olympia, WA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes