NOT LISTED FOR SALE

2723 85th Ave SW Olympia, WA 98512

Estimated Value: $881,000 - $1,280,301

5 Beds
3.5 Baths
3,042 Sq Ft
$339/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $1,300,000 $427 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,702/month

3 Days on Market

Highlights

  • Barn
  • Indoor Arena
  • RV Access or Parking
  • Michael T. Simmons Elementary School Rated A-
  • Greenhouse
  • Craftsman Architecture

About This Home

As of March 2022

Stunning, turn key equestrian estate on 5.5 acres. Complete remodel in 2019 w/ new roof, jetted tub, Olympic wood stove, heated floors in master bath, gorgeous quartz counters, high end vinyl plank flooring, sunroom w/ stacking glass doors, custom doors/cabinets, and ADA accessibility. Fully renovated guest cottage w/ living room, bath off master, full kitchen and deck. New two level, fully insulated 3 bay 1700+ sq ft shop w/ 2 10k BTU heaters. Extra 18x18 detached garage/shed. approx 6,000 sq ft covered arena and barn w/ hay loft, 5 horse stalls w/ noble doors, birthing stall, tack room w/ water heater. Multiple pastures w/ own bibs and electric fencing. Large goat/chicken coop, fruit trees, desirable Tumwater SD. Close to I5 & shopping.

Last Listed By

Sung Han

eXp Realty License #81847 Listed on: 02/22/2022

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1892777

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,629

Year Built

  • Built in 1992

Lot Details

  • 5.55 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,042 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • French Doors
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 7 Car Attached Garage
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Greenhouse
  • Outbuilding

Schools

  • Michael T Simmons El Elementary School
  • Tumwater Mid Middle School
  • A G West Black Hills High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Indoor Arena
  • Stables

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Tumwater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09520007009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,629

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Accessibility Features: Accessible Approach with Ramp
  • Year Built: 1992
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,SeeRemarks,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3042
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,153

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, See Remarks, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Ceramic Tile, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Jetted Tub, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 3042
  • Main Level Bedrooms: 5
  • Bathrooms: 3.25
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 3042
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,See Remarks,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 7
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Detached Garage
  • Total Parking Spaces: 7

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available, Individual Well
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump,Stove/Free Standing
  • PowerCompany: PSE
  • CableConnected: Comcast/Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: A G West Black Hills
  • Middle Or Junior School: Tumwater Mid

Lot Info

  • Parcel Number: 09520007009
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 5.547
  • Lot Size Sq Ft: 241628
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Arena-Indoor,Barn,Cable TV,Deck,Dog Run,Fenced-Partially,Green House,High Speed Internet,Outbuildings,RV Parking,Shop,Stable
  • MLSLotSizeSource: public
  • MLSSquareFootageSource: public and site plans

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8629

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Michael T Simmons El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 18, 2022
Sold by
Johnson and Jenny
Bought by
Smith Casey L
Seller's Agent
Sung Han
eXp Realty
Buyer's Agent
Susan Smith
Olympic Sotheby's Int'l Realty
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Total Days on Market
3
Current Estimated Value
$1,032,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,425
Avg. Annual Appreciation
-9.82%
Original Mortgage
$500,000
Outstanding Balance
$473,206
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$465,677

Purchase Details

Listed on
May 11, 2018
Closed on
Jul 28, 2018
Sold by
Greenville Properties Llc
Bought by
Johnson Leif and Chang Jenny
Seller's Agent
Eugene Bien
Windermere Prof Partners
Buyer's Agent
Brandi Rademacher
RE/MAX Realty South
List Price
$599,998
Sold Price
$500,000
Premium/Discount to List
-$99,998
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.74%

Purchase Details

Closed on
Mar 16, 2017
Sold by
Borden James A and Borden Sandra C
Bought by
Greenville Properties Llc and Eastside Funding Llc

Purchase Details

Closed on
Mar 9, 2017
Sold by
Borden James A and Borden Sandra C
Bought by
Greenville Properties Llc and Eastside Funding Llc

Purchase Details

Closed on
Feb 24, 2017
Sold by
Eastside Funding Llc
Bought by
Greenville Properties Llc

Purchase Details

Closed on
Nov 30, 2004
Sold by
Leonard Jan O
Bought by
Borden James A and Borden Sandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,920
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 1999
Sold by
Leonard Thomas
Bought by
Leonard Jan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,950
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 16, 1999
Sold by
Burdick Marty R and Burdick Debbra Rene
Bought by
Leonard Jan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,950
Interest Rate
6.77%
Mortgage Type
Construction

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
Smith Casey L $1,299,719 Thurston County Title
Johnson Leif $499,719 First American Title Co
Greenville Properties Llc $406,000 None Available
Greenville Properties Llc $406,000 None Available
Greenville Properties Llc -- None Available
Borden James A $429,900 Stewart Title Of Western
Leonard Jan O -- Pioneer Title Company
Leonard Jan O $148,820 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Casey L $100,000
Open Smith Casey L $500,000
Previous Owner Borden James A $100,000
Previous Owner Borden James A $200,000
Previous Owner Borden James A $484,000
Previous Owner Borden James A $225,000
Previous Owner Borden James A $343,920
Previous Owner Leonard Jan O $320,000
Previous Owner Leonard Jan O $214,950
Closed Borden James A $85,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,300,000 +4.0% $427 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $1,250,000 +150.0% $411 / Sq Ft
07/30/2018 07/30/18 Sold $500,000 -13.0% $235 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
06/08/2018 06/08/18 Price Changed $574,990 -4.2% $270 / Sq Ft
05/11/2018 05/11/18 For Sale $599,998 -- $282 / 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 $11,073 $1,056,600 $286,300 $770,300
2023 $11,073 $1,057,500 $274,500 $783,000
2022 $9,334 $876,600 $207,800 $668,800
2021 $8,629 $743,400 $199,000 $544,400
2020 $8,401 $618,200 $151,700 $466,500
2019 $7,368 $580,500 $178,300 $402,200
2018 $6,897 $489,500 $137,400 $352,100
2017 $7,262 $499,300 $145,600 $353,700
2016 $6,564 $483,400 $165,200 $318,200
2014 -- $450,950 $156,850 $294,100
Source: Public Records

Agents Affiliated with this Home

  • Sung Han

    Seller's Agent in 2022

    Sung Han

    eXp Realty

    (360) 259-1894

    50 Total Sales

    Sung Han
    Section Image
  • Susan Smith

    Buyer's Agent in 2022

    Susan Smith

    Olympic Sotheby's Int'l Realty

    (360) 789-6087

    57 Total Sales

    Susan Smith
    Section Image
  • Eugene Bien

    Seller's Agent in 2018

    Eugene Bien

    Windermere Professional Partners

    (206) 550-1990

    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Patrick Moynihan

    Windermere Professional Partners

    (206) 658-3635

    92 Total Sales

    Patrick Moynihan
    Section Image
  • Brandi Rademacher

    Buyer's Agent in 2018

    Brandi Rademacher

    RE/MAX REALTY SOUTH

    (253) 224-6663

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1892777

Northwest Multiple Listing Service (NWMLS)

APN: 09520007009

Washington Thurston County Olympia 98512

2723 85th Ave SW, Olympia, WA

Homes for Sale in Olympia, WA

This home is located at 2723 85th Ave SW, Olympia, WA 98512 since 22 February 2022 and is currently estimated at $1,032,575, approximately $339 per square foot. This property was built in 1992. 2723 85th Ave SW is a home located in Thurston County with nearby schools including Michael T. Simmons Elementary School, Tumwater Middle School, and A.G. West Black Hills High 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) 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. ©2025 NWMLS.

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