NOT LISTED FOR SALE

2946 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $632,123 - $890,000

3 Beds
1 Bath
720 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $384,000 $533 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,362/month

79 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Deck
  • Wooded Lot
  • Views of a Sound
  • Secluded Lot
  • 1 Fireplace

About This Home

As of January 2017

This exceedingly private property would make a wonderful hidden getaway! Wend your way through a lovely treed canopy and arrive at a quaint cabin at water's edge. Boat ramp provides easy access to beautiful sandy and pebbly beach with ownership of the tidelands. Nice views of Eld Inlet and Mt. Rainier. Cozy but very livable cabin. Large view deck. Recently surveyed. Zoned 1 unit per 1 acre. What a special spot at which to cocoon...or entertain!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 09/06/2016

Co-Listed By

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340

Last Buyer's Agent

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 09/06/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1025236

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,151

Year Built

  • Built in 1964

Lot Details

  • Low Bank Waterfront Property
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Vinyl Flooring
  • Oven or Range

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Deck

Utilities

  • Well
  • Septic System

Community Details

  • Steamboat Island Community

Listing and Financial Details

  • Assessor Parcel Number 12930410100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,151

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Vaulted Ceilings
  • Floor Covering: Vinyl
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 720
  • Square Footage Finished: 720

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Low, Bulkhead, Sound, Tideland Rights
  • Waterfront Frontage: 200' Eld Inlet

Utilities

  • Heating And Cooling: Stove/Free Standing
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Individual well
  • 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, Secluded
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 92895
  • Lot Topography Vegetation: Level, Sloped, Wooded
  • Parcel Number: 12930410100
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Sloped, Wooded

Tax Info

  • Tax Amount: 4200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Jan 25, 2017
Sold by
Kinkopf Gaye R
Bought by
Gentry April L
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
List Price
$395,000
Sold Price
$384,000
Premium/Discount to List
-$11,000
-2.78%
Current Estimated Value
$754,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,531
Avg. Annual Appreciation
8.07%
Original Mortgage
$307,200
Outstanding Balance
$254,064
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$500,467

Purchase Details

Closed on
Aug 17, 2013
Sold by
Kinkoft Edward J and Kinkoft Gaye R
Bought by
Kinkoft Gaye R

Purchase Details

Closed on
May 5, 2011
Sold by
Fulton Sharon Diane
Bought by
Kinkopf Edward J and Kinkopf Gaye R

Purchase Details

Closed on
Apr 29, 2010
Sold by
Doran Michelle M Lemay
Bought by
Fulton Sharondiane and Estate Of Arthur Carrollzabel

Purchase Details

Closed on
Apr 6, 2010
Sold by
Fulton Sharon Diane
Bought by
Doran Michelle M Lemay and Ada Lemay Credit Trust
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
Gentry April L $383,719 Stewart Title Western Wa Inc
Kinkoft Gaye R -- None Available
Kinkopf Edward J $340,500 Stewart Title Company
Fulton Sharondiane $4,800 None Available
Doran Michelle M Lemay $31,122 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry April L $307,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Sold $384,000 -2.8% $533 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $395,000 0.0% $549 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $395,000 -- $549 / 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 $4,151 $677,500 $577,300 $100,200
2023 $4,151 $539,500 $432,400 $107,100
2022 $4,503 $502,700 $396,400 $106,300
2021 $3,916 $495,800 $425,500 $70,300
2020 $4,723 $414,200 $364,900 $49,300
2019 $3,972 $436,400 $395,700 $40,700
2018 $4,266 $356,000 $318,300 $37,700
2017 $3,180 $268,950 $221,750 $47,200
2016 $4,075 $345,650 $291,050 $54,600
2014 -- $342,950 $294,050 $48,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1025236

Northwest Multiple Listing Service (NWMLS)

APN: 12930410100