NOT LISTED FOR SALE

2605 Tranquil Ave NW Olympia, WA 98502

Estimated Value: $552,757 - $650,000

3 Beds
3 Baths
2,389 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $353,100 $148 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,576/month

7 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Patio
  • Jefferson Middle School Rated A
  • Attached Garage
  • High Speed Internet

About This Home

As of June 2018

Move in ready, New construction by award winning local builder High Definition Homes. This 2389 square ft home features 4 bedrooms with a main floor master and extra bedroom! Kitchen opens to the great room/nook, and has granite counters, deluxe cabinets, Samsung stainless steel appliances with 5 burner gas range. Features extensive laminate flooring, upgraded trim and mill works, large walk in closet and storage areas, and 5 piece deluxe master bathroom. Great neighborhood close to amenities.

Last Agent to Sell the Property

Brian Dermanoski

Blue Summit Realty LLC License #23411 Listed on: 12/05/2017

Co-Listed By

kellen Mangan

Blue Summit Realty LLC License #103293

Last Buyer's Agent

Srinivas Kasam

The Agency Northwest License #114613

The Agency Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1219378

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 2017

Lot Details

  • 5,227

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Level Lot

Community Details

  • Olympia Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 43530006100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,279

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • New Construction: Presale
  • Homebuilder: High Definition Homes LLC
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2389
  • Square Footage Finished: 2389

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Olympia
  • Project: Cyrene
  • Community Features: CCRs

Schools

  • School District: OLY

Lot Info

  • Lot Number: 61
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 5236
  • Lot Topography Vegetation: Level
  • Parcel Number: 43530006100
  • Lot Topography: Level

Tax Info

  • Tax Amount: 524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jun 19, 2018
Sold by
High Definition Homes Llc
Bought by
Rakasi Prashanth and Lingala Sandhya
Seller's Agent
Brian Dermanoski
Blue Summit Realty LLC
Buyer's Agent
Srinivas Kasam
The Agency Northwest
List Price
$349,950
Sold Price
$353,100
Premium/Discount to List
$3,150
0.9%
Total Days on Market
7
Current Estimated Value
$590,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,839
Avg. Annual Appreciation
7.47%
Original Mortgage
$332,452
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2016
Sold by
Bismark Mortgage Company Llc
Bought by
High Definition Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
3.47%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 14, 2016
Sold by
Village Construction & Development Llc
Bought by
Bismark Mortgage Company Llc

Purchase Details

Closed on
May 25, 2012
Sold by
Union Street Holdings Llc
Bought by
Village Construction & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,006,000
Interest Rate
3.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 30, 2009
Sold by
Cyrene Llc
Bought by
Union Steeet Holdings Llc
Source: Public Records

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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
Rakasi Prashanth $349,950 Stewart Title Co
High Definition Homes Llc $377,719 Chicago Title Company
Bismark Mortgage Company Llc -- Nextitle
Village Construction & Development Llc $1,200,000 First American Title
Union Steeet Holdings Llc $4,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakasi Prashanth $323,000
Closed Rakasi Prashanth $325,000
Closed Rakasi Prashanth $332,452
Previous Owner High Definition Llc $245,500
Previous Owner High Definition Homes Llc $283,500
Previous Owner Village Construction & Development Llc $1,300,000
Previous Owner Village Construction & Development Llc $2,605,000
Previous Owner Village Construction & Development Llc $2,006,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $353,100 -1.9% $148 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/12/2017 12/12/17 Price Changed $359,950 +2.9% $151 / Sq Ft
12/05/2017 12/05/17 For Sale $349,950 -- $146 / 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 $528,600 $125,300 $403,300
2023 $5,279 $504,700 $100,300 $404,400
2022 $5,184 $509,400 $76,000 $433,400
2021 $4,669 $433,900 $68,700 $365,200
2020 $4,564 $361,600 $68,200 $293,400
2019 $4,166 $344,800 $53,600 $291,200
2018 $631 $46,600 $46,600 $0
2017 $524 $41,250 $41,250 $0
2016 $625 $49,450 $49,450 $0
2014 -- $49,450 $49,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1219378

Northwest Multiple Listing Service (NWMLS)

APN: 43530006100