NOT LISTED FOR SALE

2540 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $829,657 - $1,097,000

2 Beds
1 Bath
1,628 Sq Ft
$558/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $620,000 $381 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,279/month

8 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Deck
  • Detached Garage
  • Views of a Sound
  • 2 Fireplaces
  • Detached Carport Space

About This Home

As of May 2018

Do you desire easy access to sandy, pebbly beach and the ability to harvest your own tidelands? Bingo! Sweeping views of Eld Inlet & the Black Hills plus concrete bulkhead. Brand new roof! Forced air heat with heat pump. Super cute & clean home with darling curb appeal. Full length view deck & four covered parking spaces. Mature but low maintenance landscaping. Cozy living areas with fireplace plus wood stove. Master bedroom with view balcony and large walk-in closet. Desirable Griffin schools!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 04/23/2018

Co-Listed By

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340

Last Buyer's Agent

Deborah Dunham-Bouis

Olympic Sotheby's Int'l Realty License #12388

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1277895

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 1940

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Sprinkler System

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Parking

  • Detached Garage
  • Detached Carport Space

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Deck

Utilities

  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Steamboat Island Community

Listing and Financial Details

  • Assessor Parcel Number 12930420300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,279

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, Skylights, Walk-In Closet
  • Floor Covering: Concrete, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven
  • Bedrooms: 2.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1628
  • Square Footage Finished: 1628

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Low, Bulkhead, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 100' low bank Eld

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Detached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Stove/Free Standing
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private well
  • Water Heater: Electric
  • Water Source: Individual Well

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
  • Lot Sq Ft: 22216
  • Parcel Number: 12930420300
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 3744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Lopez Kristin M
Bought by
Lopez Kristin M
Current Estimated Value
$908,164

Purchase Details

Closed on
Sep 28, 2023
Sold by
Sare Steve
Bought by
Sare Dolores

Purchase Details

Listed on
Apr 23, 2018
Closed on
May 17, 2018
Sold by
Norberg Andrea
Bought by
Sare Steve and Sare Dolores
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Deborah Dunham-Bouis
Olympic Sotheby's Int'l Realty
List Price
$575,000
Sold Price
$620,000
Premium/Discount to List
$45,000
7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
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
Lopez Kristin M -- None Listed On Document
Sare Dolores -- None Listed On Document
Sare Steve $620,843 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sare Steve $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $620,000 +7.8% $381 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $575,000 -- $353 / 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 $5,279 $776,000 $504,600 $271,400
2023 $5,279 $690,600 $390,100 $300,500
2022 $4,934 $643,700 $339,500 $304,200
2021 $4,390 $544,800 $324,400 $220,400
2020 $4,805 $466,000 $305,600 $160,400
2019 $4,111 $444,400 $317,200 $127,200
2018 $4,456 $372,400 $256,700 $115,700
2017 $3,745 $318,500 $172,000 $146,500
2016 $3,551 $304,550 $202,150 $102,400
2014 -- $297,950 $204,250 $93,700
Source: Public Records

Agents Affiliated with this Home

  • Spence Weigand

    Seller's Agent in 2018

    Spence Weigand

    Virgil Adams Real Estate, Inc.

    (360) 789-3160

    142 Total Sales

    Spence Weigand
    Section Image
  • Sue Sandberg

    Seller Co-Listing Agent in 2018

    Sue Sandberg

    Virgil Adams Real Estate, Inc.

    (360) 352-3756

    35 Total Sales

    Sue Sandberg
    Section Image
  • Deborah Dunham-Bouis

    Buyer's Agent in 2018

    Deborah Dunham-Bouis

    Olympic Sotheby's Int'l Realty

    (360) 790-1409

    105 Total Sales

    Deborah Dunham-Bouis
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1277895

Northwest Multiple Listing Service (NWMLS)

APN: 12930420300

Washington Thurston County Olympia 98502

2540 Gravelly Beach Loop NW, Olympia, WA

This home is located at 2540 Gravelly Beach Loop NW, Olympia, WA 98502 since 23 April 2018 and is currently estimated at $908,164, approximately $557 per square foot. This property was built in 1940. 2540 Gravelly Beach Loop NW is a home located in Thurston County with nearby schools including Griffin School.

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

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