NOT LISTED FOR SALE

2626 Morse Merryman Rd SE Olympia, WA 98501

Estimated Value: $612,000 - $696,000

2 Beds
2 Baths
1,842 Sq Ft
$351/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $605,000 $328 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,846/month

Highlights

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

About This Home

As of November 2021

Looking for a little extra space? This 1842 SF rambler is nestled on a 1.3 acre fully-fenced lot in the heart of Olympia! Plenty of room to park an RV, garden, build a shop or some elbow room. Home features 2 BR,plus 2 offices that could be a 3rd & 4th bedroom, 2 BA & an indoor cedar sauna off the master bath. The kitchen overlooks the great room w/ a wood stove for those cozy nights. Huge laundry room has lots of built-ins & can double as a craft room. Home is surrounded by awesome outdoor space which includes a huge garden, mature grape vines & fruit trees. 1.3 acres includes a 0.26 acre separate 45' x 260' lot w/ a sewer hookup & other utilities in the street. Ideal location, minutes to downtown, I-5 & Olympia schools!

Last Agent to Sell the Property

Paul Oczkewicz

Virgil Adams Real Estate, Inc. License #47964 Listed on: 09/10/2021

Last Buyer's Agent

Tyler Knittle

BHGRE - Northwest Home Team License #20111945

BHGRE - Northwest Home Team

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1837771

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 1977

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned R 4-8

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Mckenny Elementary School
  • Wash Mid Middle School

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 11830231203

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,113

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Sauna
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Refrigerator, Washer, K
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1842
  • Square Footage Finished: 1842
  • Total Square Footage: 1842

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Company: City of Olympia
  • Water Heater: garage-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • Elementary School: Mckenny Elem
  • Middle School: Wash Mid
  • High School: Olympia High
  • School District: OLY
  • Junior High: Wash Mid

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Dimensions: 260x220x254
  • Lot Sq Ft: 56757
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 11830231203
  • Zoning Code: R 4-8
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Year: 2021
  • Tax Amount: 5397

MLS Schools

  • Elementary School: Mckenny Elem
  • Senior High: Olympia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 18, 2021
Sold by
Nystrom Michael N and Nystrom Peggy S
Bought by
Busia James and Busia Ama
Seller's Agent
Paul Oczkewicz
Virgil Adams Real Estate, Inc.
Buyer's Agent
Tyler Knittle
BHGRE - Northwest Home Team
List Price
$605,000
Sold Price
$605,000
Current Estimated Value
$647,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,065
Avg. Annual Appreciation
1.73%
Original Mortgage
$574,750
Outstanding Balance
$527,097
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$119,968
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
Busia James $605,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busia James $574,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $605,000 0.0% $328 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/11/2021 10/11/21 Price Changed $605,000 0.0% $328 / Sq Ft
10/11/2021 10/11/21 For Sale $605,000 -3.2% $328 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $625,000 -- $339 / 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 $5,113 $490,500 $207,600 $282,900
2023 $5,113 $488,800 $203,500 $285,300
2022 $5,108 $491,200 $161,200 $330,000
2021 $4,734 $427,500 $166,000 $261,500
2020 $4,385 $366,600 $162,400 $204,200
2019 $3,867 $331,200 $125,700 $205,500
2018 $3,829 $284,200 $85,600 $198,600
2017 $3,466 $279,900 $93,800 $186,100
2016 $3,107 $252,900 $93,600 $159,300
2014 -- $248,300 $92,000 $156,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1837771

Northwest Multiple Listing Service (NWMLS)

APN: 11830231203