NOT LISTED FOR SALE

3012 Riverlea Ct SE Olympia, WA 98501

Estimated Value: $499,625 - $609,000

3 Beds
1 Bath
1,520 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $400,000 $263 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,274/month

2 Days on Market

Highlights

  • Greenhouse
  • Fruit Trees
  • 1 Fireplace
  • East Olympia Elementary School Rated A-
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of August 2020

Fall in love with this charming East Olympia home! This home features beautiful hardwood floors, stainless steel appliances and bar seating. Large dining area with built in bar and mini fridge nook. Gas fireplace. Master bedroom offers walk in closet with custom built-in, 3/4 master bath and sliding door access to spacious covered patio. Fully fenced backyard with side yard access to pull in a boat or RV. Built in Blaze BBQ. Greenhouse and plenty of additional gardening space.

Last Agent to Sell the Property

Kennon Maurer

Real Broker LLC License #133104 Listed on: 07/23/2020

Real Broker LLC

Last Buyer's Agent

Susan C. Roewe

RE/MAX Advantage License #76023

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1634778

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1976

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Greenhouse
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • East Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 70820005300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,452

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Walk-In Closet
  • Floor Covering: Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1520
  • Square Footage Finished: 1520

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Olympia

Schools

  • School District: TUM

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 12842
  • Lot Topography Vegetation: Fruit Trees, Garden Space
  • Parcel Number: 70820005300
  • Lot Topography: Fruit Trees, Garden Space

Tax Info

  • Tax Amount: 2925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 13, 2020
Sold by
Low Brent D and Low Sophia Lozano
Bought by
Gerlach Matthew J and Edwards Susannah T
Seller's Agent
Kennon Maurer
Real Broker LLC
Buyer's Agent
Susan C. Roewe
RE/MAX Advantage
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Current Estimated Value
$549,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,156
Avg. Annual Appreciation
6.32%
Original Mortgage
$360,000
Outstanding Balance
$319,345
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$229,811

Purchase Details

Closed on
Nov 18, 2008
Sold by
Churchill Brian A and Churchill Victoria A
Bought by
Low Brent D and Low Sophia Lozano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,743
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Prudential Residential Svcs Ltd Prtnrshp
Bought by
Churchill Brian A and Churchill Vicky A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,812
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2001
Sold by
Hart Quentin and Hart Loree
Bought by
Prudential Residential Svcs Ltd Prtnrshp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,812
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1998
Sold by
Peters Sally J and Mccabe Calla Jane
Bought by
Hart Quentin and Hart Loree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,160
Interest Rate
6.86%
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
Gerlach Matthew J $400,000 Thurston County Title Co
Low Brent D $250,000 Thurston County Title
Churchill Brian A $134,900 First American Title Ins Co
Prudential Residential Svcs Ltd Prtnrshp $134,900 First American Title Ins Co
Hart Quentin $128,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlach Matthew J $360,000
Previous Owner Low Brent D $246,743
Previous Owner Churchill Brian A $132,812
Previous Owner Hart Quentin $124,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $400,000 +3.9% $263 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $385,000 -- $253 / 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 $4,452 $452,600 $162,800 $289,800
2023 $4,452 $431,800 $144,000 $287,800
2022 $3,556 $413,000 $106,000 $307,000
2021 $3,261 $297,200 $87,100 $210,100
2020 $2,925 $248,200 $92,800 $155,400
2019 $2,713 $217,800 $66,100 $151,700
2018 $2,614 $191,600 $58,100 $133,500
2017 $2,534 $180,600 $57,100 $123,500
2016 $2,415 $176,050 $60,350 $115,700
2014 -- $172,150 $60,350 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1634778

Northwest Multiple Listing Service (NWMLS)

APN: 70820005300