NOT LISTED FOR SALE

2842 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $1,769,000 - $1,896,000

3 Beds
2 Baths
3,000 Sq Ft
$609/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $748,500 $250 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $10,838/month

40 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Secluded Lot
  • Property Fronts a Bay or Harbor
  • Deck
  • Wood Flooring

About This Home

As of April 2015

Custom designed updated home with sweeping views of Eld Inlet, Cooper Point and Mt.Rainier! 1.56 acres provide a very rare secluded medium bank bulkheaded property. Huge 1600 sqft Trex view deck and hot tub. Low maintenance yard. Entertainers paradise! Shell fish, boating to restaurants, privacy, and turn key ready. You could build bigger, you could have more land, but you can't have a more secluded setting with sweeping views on 201 feet of Sound waterfront! You have to visit this property!

Last Agent to Sell the Property

Steven Breda

Wilson Realty Exchange, Inc. License #24028 Listed on: 01/22/2015

Co-Listed By

Garrett Breda

Wilson Realty Exchange, Inc. License #109885

Last Buyer's Agent

Jodi Ashline

Coldwell Banker Evergreen License #41036

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM731911

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,267

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Secluded Lot
  • Sprinkler System

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12930410702

Community Details

Overview

  • Gravelly Beach Community

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,267

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Security System, Skylights, Vaulted Ceilings
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.50
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3000
  • Square Footage Finished: 3000

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Medium, Bay, Bulkhead, Saltwater, Sound
  • Waterfront Frontage: 201

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Septic
  • Water Heater: basement
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Gravelly Beach
  • Project: Keybox on garage door

Schools

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

Lot Info

  • Lot Details: Secluded
  • Lot Dimensions: 201 X 816 irreg.
  • Lot Sq Ft: 67953
  • Parcel Number: 12930410702

Tax Info

  • Tax Amount: 6110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 14, 2015
Sold by
Lomax Kristen A
Bought by
Bruchet Lorne Ronald and Bruchet Michele Louise
Seller's Agent
Steven Breda
Wilson Realty Exchange, Inc.
Buyer's Agent
Jodi Ashline
Coldwell Banker Evergreen
List Price
$785,000
Sold Price
$748,500
Premium/Discount to List
-$36,500
-4.65%
Current Estimated Value
$1,828,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,079,885
Avg. Annual Appreciation
8.90%
Original Mortgage
$598,800
Outstanding Balance
$460,296
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,368,089

Purchase Details

Closed on
May 27, 2011
Sold by
Lomax Robert S
Bought by
Lomax Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Lomax Robert S and Lomax Kristen A
Bought by
Lomax Robert S and Lomax Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,720
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2002
Sold by
Mclean Richard T
Bought by
Lomax Robert S and Lomax Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bruchet Lorne Ronald $748,500 Thurston County Title
Lomax Kristen A -- Thurston County Title Co
Lomax Robert S -- First American Title
Lomax Robert S $500,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruchet Lorne Ronald $598,800
Previous Owner Lomax Kristen A $328,500
Previous Owner Lomax Robert S $325,720
Previous Owner Lomax Robert S $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $748,500 -4.0% $250 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/13/2015 02/13/15 Price Changed $779,800 -0.7% $260 / Sq Ft
01/22/2015 01/22/15 For Sale $785,000 -- $262 / 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 $13,267 $1,827,400 $508,700 $1,318,700
2023 $13,267 $1,760,100 $405,800 $1,354,300
2022 $12,628 $1,854,100 $379,400 $1,474,700
2021 $8,476 $1,415,700 $367,200 $1,048,500
2020 $8,634 $999,600 $335,800 $663,800
2019 $7,533 $895,500 $347,800 $547,700
2018 $9,030 $764,400 $277,700 $486,700
2017 $9,242 $800,150 $210,450 $589,700
2016 $5,867 $528,200 $215,600 $312,600
2014 -- $499,000 $217,800 $281,200
Source: Public Records

Agents Affiliated with this Home

  • Steven Breda

    Seller's Agent in 2015

    Steven Breda

    Wilson Realty Exchange, Inc.

    (206) 295-9909

    118 Total Sales

    Steven Breda
    Section Image
  • Garrett Breda

    Seller Co-Listing Agent in 2015

    Garrett Breda

    Wilson Realty Exchange, Inc.

    (425) 205-1984

    109 Total Sales

    Garrett Breda
    Section Image
  • Jodi Ashline

    Buyer's Agent in 2015

    Jodi Ashline

    Coldwell Banker Evergreen Olympic Realty, Inc.

    (360) 951-8002

    168 Total Sales

    Jodi Ashline
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM731911

Northwest Multiple Listing Service (NWMLS)

APN: 12930410702

Washington Thurston County Olympia 98502

2842 Gravelly Beach Loop NW, Olympia, WA

This home is located at 2842 Gravelly Beach Loop NW, Olympia, WA 98502 since 22 January 2015 and is currently estimated at $1,828,385, approximately $609 per square foot. This property was built in 1973. 2842 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

Nearby Homes