$525,000
SOLD OCT 24, 2024

2804 Riverlea Dr SE Olympia, WA 98501

3 Beds
2.5 Baths
1,852 Sq Ft
0.29 Acres

Recently Sold

$283 Per Sq Ft

8% Below List Price

54 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • 2 Car Attached Garage
  • East Olympia Elementary School Rated A-
  • Skylights
  • Walk-In Closet

About This Home

As of October 2024

Serenity now! Tucked away in the quiet Riverlea community, this well-maintained rambler combines the beauty of rural living with the convenience of being just 10 minutes from amenities. Relax on the covered back patio surrounded by a beautifully landscaped yard backing to 32 acres of state forest land for privacy. This home features a formal living/dining space that flows seamlessly into the kitchen and beyond to the breakfast nook and family room. Large laundry room with storage. Three bedrooms, including a primary suite. Oversize 2-car garage, plus extra driveway parking with double gate to securely park your boat or RV, plus a shed with power for extra storage. Wired for generator. Three year new 50-year roof with transferable warranty.

Last Agent to Sell the Property

Jessica Kammeyer

Redfin License #24001081 Listed on: 08/10/2024

Redfin

Last Buyer's Agent

Jessica Kammeyer

Redfin License #24001081 Listed on: 08/10/2024

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2275897

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,433

Year Built

  • Built in 1977

Lot Details

  • 0.29 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Zoning described as RL1/1

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • East Olympia Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Central Air
  • High Efficiency Heating System
  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Olympia Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,433

Year Built

Built in 1977

Lot Details

0

HOA Fees

$12 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1977
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1852
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2275897?w=Consumer&agent=128268
  • Special Features: VirtualTour
  • Cumulative Days on Market: 340

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace, Laminate, Skylight(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater, Wired for Generator
  • Living Area: 1852
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1852
  • 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(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Central A/C, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Thurston PUD
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs, Trail(s)
  • Senior Community: No
  • Association Fee: 145
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 70830003900
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2922
  • Lot Size Sq Ft: 12727
  • Zoning Description: RL1/1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist - Buyer to Verify
  • MLSSquareFootageSource: Realist - Buyer to Verify

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4433

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: East Olympia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Oct 23, 2024
Sold by
Schoss Lila
Bought by
Rader Carey L and Rader Pamela J
Seller's Agent
Jessica Kammeyer
Redfin
Buyer's Agent
Jessica Kammeyer
Redfin
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%
Views
77
Current Estimated Value
$543,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,755
Avg. Annual Appreciation
1.60%
Original Mortgage
$325,000
Outstanding Balance
$319,004
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$213,300

Purchase Details

Listed on
Aug 15, 2012
Closed on
Nov 1, 2012
Sold by
Fannie Mae
Bought by
Schoss Norman G and Schoss Lila B
Seller's Agent
Mark Gillispie
Wise Realty
Buyer's Agent
Janell Barger
Abbey Realty Inc
List Price
$196,000
Sold Price
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$116,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2012
Sold by
Grover Brent B and Grover Kristen E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 20, 2005
Sold by
Holter Sherer M and Holter Bob
Bought by
Grover Brent B and Grover Kristen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 2003
Sold by
Harvey Kim A
Bought by
Murtiashaw Sherer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
5.83%
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 $525,000 First American Title
Bargain Sale Deed $196,000 Chicago Title Company
Trustee Deed $247,886 None Available
Warranty Deed $275,000 Stewart Title Of Western
Warranty Deed $192,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $116,000 New Conventional
Previous Owner $224,200 Unknown
Previous Owner $34,270 Credit Line Revolving
Previous Owner $220,000 Unknown
Previous Owner $173,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $525,000 0.0% $283 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $525,000 -7.7% $283 / Sq Ft
08/10/2024 08/10/24 For Sale $569,000 +190.3% $307 / Sq Ft
11/06/2012 11/06/12 Sold $196,000 0.0% $106 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $196,000 -- $106 / 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 $4,433 $452,300 $162,300 $290,000
2023 $4,433 $429,900 $143,600 $286,300
2022 $3,633 $417,400 $105,700 $311,700
2021 $3,884 $303,800 $86,600 $217,200
2020 $3,609 $297,300 $92,500 $204,800
2019 $3,353 $270,800 $69,600 $201,200
2018 $3,218 $237,700 $61,300 $176,400
2017 $3,072 $220,550 $59,950 $160,600
2016 $2,874 $211,850 $63,350 $148,500
2014 -- $206,250 $63,350 $142,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2275897

Northwest Multiple Listing Service (NWMLS)

APN: 70830003900