NOT LISTED FOR SALE

2724 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $969,000 - $1,293,000

3 Beds
1 Bath
3,458 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $830,000 $240 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,443/month

Highlights

  • Views of a Sound
  • Fruit Trees
  • Wood Flooring
  • RV Access or Parking
  • Deck
  • 2 Fireplaces

About This Home

As of August 2021

Enjoy this classic Northwest setting on the shores of tranquil Eld Inlet! Awe-inspiring south-facing water views + vistas of the Black Hills from the house & Mt. Rainier (beach). Sandy, pebbly beach w/ bulkhead. Maturely landscaped grounds on .7 acres with fruit trees, garden space and plenty of room for outdoor fun! Spacious view deck + new roof. This well-built and beautifully maintained mid-century home boasts gorgeous hardwood floors. Open concept living/dining/kitchen floor plan. Main floor master bedroom with French doors to deck. Private, cloistered loft/office. Sunroom and other additional "flex spaces." Two propane stoves. Desirable Griffin School District & only 10-15 minutes away from amenities. Come take a look and fall in love!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 07/09/2021

Last Buyer's Agent

Phil Mondau

Mondau Real Estate License #22005792

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1799176

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,545

Year Built

  • Built in 1959

Lot Details

  • Property fronts a saltwater canal
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is zoned RL 1/1

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Bulkhead
  • Deck

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Steamboat Island Community

Listing and Financial Details

  • Assessor Parcel Number 12930421701

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,545

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room, French Doors, Loft, Skylights, Solarium/Atrium
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet, S
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Partially Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3458
  • Square Footage Finished: 3458

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-High, Bank-Medium, Bulkhead, Saltwater, Sound
  • Waterfront Frontage: 100' medium bank Eld

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private well
  • Water Heater: Downstairs closet-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Steamboat Island

Schools

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

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 30492
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 12930421701
  • Zoning Code: RL 1/1
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 2286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 19, 2021
Sold by
Lynch James M and Lynch Denise P
Bought by
Mondau Kevin J and Mondau Rebekah L
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Phil Mondau
Mondau Real Estate
List Price
$825,000
Sold Price
$830,000
Premium/Discount to List
$5,000
0.61%
Current Estimated Value
$1,107,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,986
Avg. Annual Appreciation
7.28%
Original Mortgage
$664,000
Outstanding Balance
$602,872
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$505,114

Purchase Details

Closed on
Apr 10, 1998
Sold by
Federal National Assn
Bought by
Lynch James M and Lynch Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.18%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Carlson Craig B and Young Carlson Laura L
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
7.43%
Mortgage Type
Seller Take Back
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
Mondau Kevin J $830,000 Chicago Title Lacey
Lynch James M -- Chicago Title Insurance Co
Federal National Mortgage Association $221,526 Thurston County Title Co
Federal National Mortgage Association -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mondau Kevin J $664,000
Previous Owner Lynch James M $184,000
Previous Owner Federal National Mortgage Association $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $830,000 +0.6% $240 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $825,000 -- $239 / 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 $6,545 $930,000 $496,000 $434,000
2023 $6,545 $859,600 $381,900 $477,700
2022 $5,128 $830,500 $341,400 $489,100
2021 $2,264 $575,000 $304,200 $270,800
2020 $4,791 $492,200 $298,100 $194,100
2019 $4,080 $443,100 $285,500 $157,600
2018 $4,602 $384,800 $241,300 $143,500
2017 $4,234 $361,250 $173,750 $187,500
2016 $4,268 $371,200 $201,000 $170,200
2014 -- $359,750 $203,050 $156,700
Source: Public Records

Agents Affiliated with this Home

  • Spence Weigand

    Seller's Agent in 2021

    Spence Weigand

    Virgil Adams Real Estate, Inc.

    (360) 789-3160

    140 Total Sales

    Spence Weigand
    Section Image
  • Phil Mondau

    Buyer's Agent in 2021

    Phil Mondau

    Mondau Real Estate

    (360) 789-5355

    90 Total Sales

    Phil Mondau
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1799176

Northwest Multiple Listing Service (NWMLS)

APN: 12930421701

Washington Thurston County Olympia 98502

2724 Gravelly Beach Loop NW, Olympia, WA

This home is located at 2724 Gravelly Beach Loop NW, Olympia, WA 98502 since 09 July 2021 and is currently estimated at $1,107,986, approximately $320 per square foot. This property was built in 1959. 2724 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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