Listed by RE/MAX Advantage, Bought with eXp Realty
NOT LISTED FOR SALE

2915 Riverlea Dr SE Olympia, WA 98501

Estimated Value: $668,951 - $736,000

4 Beds
2.5 Baths
2,598 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $675,000 $260 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,165/month

96 Days on Market

Highlights

  • Sauna
  • RV Access or Parking
  • Contemporary Architecture
  • East Olympia Elementary School Rated A-
  • Deck
  • Territorial View

About This Home

As of March 2024

Rare East Olympia rambler on 2 lots (0.6 acres) in beautiful Riverlea. Wooded trails & Deschutes River access. Unique 2600+-sf, floorplan with 4 BRs, an office & 2.5 updated baths. Great lodge feel loft-bonus room with 1/2 bath & wet bar. Why get on a plane to vacation? In-ground swimming pool with slide & diving board. Nicely updated kitchen with quartz counters, soft close cabs & dual wall ovens. Split BR plan. Roomy primary with WI closet & gorgeous shower & dry sauna. Big detached 2-3 car shop with its own PSE meter. Great for the hobbyist or ADU? Room for RV. Trex deck off kitchen. CONVENIENT backup auto generator. Plentiful outdoor living spaces for raised bed gardening, volleyball, horseshoe pits, soccer! East Olympia Elementary!

Last Agent to Sell the Property

Kim Piper

RE/MAX Advantage License #21003415 Listed on: 11/02/2023

RE/MAX Advantage

Co-Listed By

Beckie Stephens

RE/MAX Advantage License #1128

Last Buyer's Agent

Ron Rougeaux

eXp Realty License #20109842

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2176092

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 1976

Lot Details

  • 0.63 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden
  • Property is in good condition

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 5 Car Detached Garage
  • Attached Carport
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,598 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Loft
  • Sauna
  • Territorial Views
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • East Olympia Elementary School

Utilities

  • Forced Air Heating System
  • Generator Hookup
  • Private Water Source
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Nancy Berger, Riverlea Park & Rec Association
  • Secondary HOA Phone (360) 515-5158
  • Olympia Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,224

Year Built

Built in 1976

Lot Details

0

HOA Fees

$24 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Riverlea
  • New Construction: No
  • CalculatedSquareFootage: 2598
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2176092?w=Consumer&agent=777306
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, Loft, Sauna, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Generator, Fireplace, Water Heater
  • Living Area: 2598
  • Main Level Bedrooms: 4
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • SquareFootageFinished: 2598
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Carport, Driveway, Detached Garage, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Community, Private
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Onsite Septic System
  • WaterCompany: Thurston PUD
  • WaterHeaterLocation: Hall Closet
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 290
  • Association Fee Frequency: Annually
  • Phone: 360-515-5158
  • Association: Yes
  • AssociationContactName: Nancy Berger, Riverlea Park & Rec Association

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 70820002600
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.6327
  • Lot Size Sq Ft: 27559
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking,Shop
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 25&26

Green Features

  • Power Production Type: Electric, Natural Gas, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5224
  • AdditionalTaxIds: 70820002500

Multi Family

  • EnergySource: Electric,Natural Gas,Wood

MLS Schools

  • Elementary School: East Olympia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Mar 21, 2024
Sold by
Chakones Sandra L and Chakones Greg A
Bought by
Fanning Anna and Fanning Christopher L
Seller's Agent
Kim Piper
RE/MAX Advantage
Buyer's Agent
Ron Rougeaux
eXp Realty
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Views
269
Current Estimated Value
$700,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,238
Avg. Annual Appreciation
2.41%
Original Mortgage
$641,250
Outstanding Balance
$630,604
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$69,634

Purchase Details

Closed on
Feb 20, 2002
Sold by
Ellis Kathryn A
Bought by
Chakones Greg A and Chakones Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.04%
Source: Public Records

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 Buyer Sale Price Title Company
Fanning Anna $675,000 First American Title
Chakones Greg A $183,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanning Anna $641,250
Previous Owner Chakones Greg A $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $675,000 -2.2% $260 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/27/2024 01/27/24 Price Changed $689,900 -1.4% $266 / Sq Ft
01/04/2024 01/04/24 For Sale $699,900 0.0% $269 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $699,900 -- $269 / 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 $5,277 $627,600 $164,200 $463,400
2023 $5,277 $513,900 $145,600 $368,300
2022 $4,475 $526,500 $107,500 $419,000
2021 $4,455 $376,500 $88,600 $287,900
2020 $4,116 $342,300 $94,000 $248,300
2019 $3,845 $310,000 $67,000 $243,000
2018 $3,685 $273,300 $58,800 $214,500
2017 $3,512 $253,300 $57,800 $195,500
2016 $3,244 $241,750 $60,950 $180,800
2014 -- $233,650 $60,950 $172,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2176092

Northwest Multiple Listing Service (NWMLS)

APN: 70820002600