Listed by Van Dorm Realty, Inc, Bought with Virgil Adams Real Estate, Inc.
NOT LISTED FOR SALE

2642 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $544,000 - $752,000

1 Bed
1 Bath
704 Sq Ft
$930/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $264,300 $375 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,792/month

214 Days on Market

About This Home

As of December 2014

Beautiful Southern exposure, prime WF lot on Eld Inlet. Griffin Schools. Shared well. Cute cabin can be the "weekend getaway", retreat, or the place to sit and dream up the next home. Look left and right to see that the homes being built are all high-end customs. Stairs to the 111' (bulkhead is in) of small stone and sand waterfront. Owner has enjoyed kayaking, bird watching and paddle boarding for years. Now it's your turn!

Last Agent to Sell the Property

Paul Klenk

Van Dorm Realty, Inc License #29068 Listed on: 01/23/2014

Van Dorm Realty, Inc

Last Buyer's Agent

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM585391

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$3,706

Year Built

1958

Lot Details

0

Listing Details

  • Condition: Fair
  • Sq Ft Finished: 704
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Fireplaces: 1
  • Fireplaces: 1
  • Water Heater Location: Inside-Electric

Exterior Features

  • Roof: Flat
  • Exterior: Wood
  • Lot Details: Open Space, Paved Street, Value In Land
  • Roof: Flat
  • Site Features: Cable TV, Deck, High Speed Internet, Propane
  • View: Sound, Territorial
  • Waterfront: Medium Bank, Bulkhead, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 111
  • Lot Topography: Brush, Level, Partial Slope, Steep Slope

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Cooling: Wall
  • Heating: Stove/Free Standing, Wall
  • Appliances: Range/Oven, Refrigerator
  • Heating and Cooling: Free Standing Stove, Wall
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Shared well
  • Water Source: Shared Well

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2014
Closed on
Nov 20, 2014
Sold by
Peterson Shane R and Peterson Janet
Bought by
Petersen Patricia D and Petersen Dana M
Seller's Agent
Paul Klenk
Van Dorm Realty, Inc
Buyer's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
List Price
$300,000
Sold Price
$264,300
Premium/Discount to List
-$35,700
-11.9%
Current Estimated Value
$654,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,152
Avg. Annual Appreciation
8.72%
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
Petersen Patricia D $264,019 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $264,300 -11.9% $375 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $300,000 +13.5% $426 / Sq Ft
05/22/2014 05/22/14 Off Market $264,300 -- --
05/21/2014 05/21/14 For Sale $300,000 0.0% $426 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $300,000 -- $426 / 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 $3,706 $562,300 $452,700 $109,600
2023 $3,706 $480,400 $362,500 $117,900
2022 $3,708 $461,200 $342,900 $118,300
2021 $3,405 $406,300 $322,400 $83,900
2020 $3,725 $358,900 $299,900 $59,000
2019 $4,419 $342,300 $293,000 $49,300
2018 $3,522 $292,500 $247,500 $45,000
2017 $2,981 $251,700 $189,200 $62,500
2016 $2,759 $232,550 $178,350 $54,200
2014 -- $229,550 $180,150 $49,400
Source: Public Records

Agents Affiliated with this Home

  • Paul Klenk

    Seller's Agent in 2014

    Paul Klenk

    Van Dorm Realty, Inc

    (360) 951-7285

    197 Total Sales

    Paul Klenk
    Section Image
  • Spence Weigand

    Buyer's Agent in 2014

    Spence Weigand

    Virgil Adams Real Estate, Inc.

    (360) 789-3160

    140 Total Sales

    Spence Weigand
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM585391

Northwest Multiple Listing Service (NWMLS)

APN: 12930421300

Washington Thurston County Olympia 98502

2642 Gravelly Beach Loop NW, Olympia, WA

This home is located at 2642 Gravelly Beach Loop NW, Olympia, WA 98502 since 23 January 2014 and is currently estimated at $654,452, approximately $929 per square foot. This property was built in 1958. 2642 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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