Listed by Coldwell Banker Evergreen, Bought with North Star Realty
NOT LISTED FOR SALE

2846 Madrona Beach Rd NW Olympia, WA 98502

Estimated Value: $814,000 - $923,000

2 Beds
1.5 Baths
1,144 Sq Ft
$751/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $756,000 $661 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,038/month

Highlights

  • Low Bank Waterfront Property
  • Deck
  • No HOA
  • Views of a Sound
  • 1 Fireplace
  • 3 Car Detached Garage

About This Home

As of July 2022

Madrona Beach waterfront cabin just in time to enjoy Summer! Bring the kayaks! Perfect for a weekend getaway or settle in permanently. Large, beautiful .69-acre landscaped lot slopes gently down to the 100' of waterfront w/ bulkhead, pebbly beach & expansive Eld Inlet views. Home features 1,144 SF w/ a roomy living rm w/ freestanding propane stove, 2 bdrms, 3/4 & 1/2 baths, a dining area looking out over the water, rustic kitchen w/ lots of cabinets & a large laundry rm. Enjoy breakfast & the view on the covered deck! 2 car detached garage w/ upstairs loft area that has loads of possibilities & a great view too. Solid surface floors, forced air heat pump, cement planked siding, tideland rights. Griffin Schools. Minutes to Olympia & shopping

Last Agent to Sell the Property

Cherie McNeal

Coldwell Banker Evergreen License #51355 Listed on: 06/23/2022

Coldwell Banker Evergreen

Co-Listed By

Bruce Batson

Coldwell Banker Evergreen License #48666

Last Buyer's Agent

Kaaleen Gassin

North Star Realty License #95210

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1957244

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,527

Year Built

  • Built in 1954

Lot Details

  • 0.7 Acre Lot
  • Low Bank Waterfront Property
  • Home fronts a sound
  • North Facing Home
  • Sloped Lot

Home Design

  • Block Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Dining Room
  • Wall to Wall Carpet
  • Views of a Sound
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Detached Carport Space

Outdoor Features

  • Bulkhead
  • Deck
  • Patio

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School
  • Capital High School

Utilities

  • Heat Pump System
  • Propane
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Madrona Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60301700000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,527

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1954
  • Inclusions: Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1144
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Forced Air, Heat Pump, Wall to Wall Carpet, Ceiling Fan(s), Double Pane/Storm Window, Dining Room
  • Living Area: 1144
  • Main Level Bedrooms: 2
  • Bathrooms: 1.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1144
  • 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: Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Sound
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bulkhead, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: North
  • Exterior Features: Cement Planked
  • Foundation Details: Block
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Detached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Propane, Septic System, Electricity Available
  • HeatingCoolingType: Forced Air,Heat Pump,Stove/Free Standing,Wall
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Madrona Beach Water Service
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Griffin
  • High School: Capital High
  • Middle Or Junior School: Griffin Mid School

Lot Info

  • Parcel Number: 60301700000
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.6972
  • Lot Size Sq Ft: 30368
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio,Propane
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5527

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Griffin Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 14, 2022
Sold by
Irene Mattson Family Revocable Living Tr
Bought by
Allen Thomas R and Allen Joanna Kay
Seller's Agent
Cherie McNeal
Coldwell Banker Evergreen
Buyer's Agent
Kaaleen Gassin
North Star Realty
List Price
$699,900
Sold Price
$756,000
Premium/Discount to List
$56,100
8.02%
Current Estimated Value
$858,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,914
Avg. Annual Appreciation
4.04%
Original Mortgage
$604,800
Outstanding Balance
$578,687
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$280,227

Purchase Details

Closed on
Dec 12, 2014
Sold by
Mattson Irene
Bought by
Mattson Irene L and Irene Mattson Family Revocable Living Tr

Purchase Details

Closed on
Oct 4, 2009
Sold by
Mattson Dean E
Bought by
The Adam & Irene Mattson Family Trust

Purchase Details

Closed on
Mar 24, 2008
Sold by
Mattson Irene
Bought by
Mattson Dean E

Purchase Details

Closed on
Jul 3, 2006
Sold by
The Adam & Irene Mattson Family Trust
Bought by
Mattson Irene
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
Allen Thomas R $756,000 Thurston County Title
Mattson Irene L -- None Available
The Adam & Irene Mattson Family Trust -- None Available
Mattson Dean E -- None Available
Mattson Irene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Thomas R $604,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $756,000 +8.0% $661 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $699,900 -- $612 / 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 $6,390 $972,700 $679,500 $293,200
2023 $6,390 $838,400 $517,000 $321,400
2022 $5,527 $741,200 $417,400 $323,800
2021 $4,886 $611,300 $375,500 $235,800
2020 $5,543 $518,900 $358,500 $160,400
2019 $4,727 $513,200 $378,600 $134,600
2018 $5,215 $436,500 $303,000 $133,500
2017 $4,344 $370,350 $195,950 $174,400
2016 $4,563 $393,200 $252,500 $140,700
2014 -- $385,200 $255,100 $130,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1957244

Northwest Multiple Listing Service (NWMLS)

APN: 60301700000