Listed by Windermere Prof Partners, Bought with RE/MAX Realty South
$500,000
SOLD JUL 30, 2018

2723 85th Ave SW Olympia, WA 98512

4 Beds
3 Baths
2,131 Sq Ft
5.55 Acres

Recently Sold

$235 Per Sq Ft

17% Below List Price

65 Days on Market

Highlights

  • Fruit Trees
  • Territorial View
  • Garage
  • Michael T. Simmons Elementary School Rated A-
  • Wood Flooring
  • Level Lot

About This Home

As of March 2022

Horse lovers, this is your new home! Beautiful 3BD/2BA rambler on 5.5 acres. Large guest rambler, 1BD/1BA has its own kitchen & living room. 5,185 sqft horse arena with cross-fenced pastures, almost 2,200 sqft of barn, plus an extra 400 sqft detached garage. There is new interior paint in both houses, new floor in den/office/family room & kitchen in main house. Enjoy the cozy living room fireplace!. Bright & open floorplan. Come take a look!

Last Agent to Sell the Property

Eugene Bien

Windermere Prof Partners License #118087 Listed on: 05/11/2018

Windermere Prof Partners

Co-Listed By

Patrick Moynihan

Windermere Prof Partners License #125048

Last Buyer's Agent

Brandi Rademacher

RE/MAX Realty South License #79470

RE/MAX Realty South

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1291111

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,073

Year Built

  • Built in 1992

Lot Details

  • Level Lot
  • Fruit Trees

Parking

  • Garage

Property Views

  • Territorial Views

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Well
  • Septic System

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 09520007009

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,073

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 3
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2131

Exterior Features

  • Exterior: Brick, Cement Planked, Cement/Concrete
  • Foundation: Concrete Block, Poured Concrete, Slab
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Sewer: Septic
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: TUM

Lot Info

  • Lot Sq Ft: 241628
  • Lot Topography Vegetation: Fruit Trees, Level
  • Parcel Number: 09520007009
  • Lot Topography: Fruit Trees, Level

Tax Info

  • Tax Amount: 6897

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%
Current Estimated Value
$1,055,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,794
Avg. Annual Appreciation
-5.25%
Original Mortgage
$500,000
Outstanding Balance
$473,206
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$606,555

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
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 Type Sale Price Title Company
Warranty Deed $1,299,719 Thurston County Title
Warranty Deed $499,719 First American Title Co
Trustee Deed $406,000 None Available
Trustee Deed $406,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $429,900 Stewart Title Of Western
Interfamily Deed Transfer -- Pioneer Title Company
Warranty Deed $148,820 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $500,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $484,000 Negative Amortization
Previous Owner $225,000 Fannie Mae Freddie Mac
Previous Owner $343,920 Unknown
Previous Owner $320,000 Balloon
Previous Owner $214,950 Construction
Closed $85,980 No Value Available
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1291111

Northwest Multiple Listing Service (NWMLS)

APN: 09520007009