Listed by Lennar Sales Corp., Bought with Olympic Sotheby's Int'l Realty
NOT LISTED FOR SALE

3045 Banks Ln SW Olympia, WA 98512

Tumwater Hill Neighborhood

Estimated Value: $608,769 - $665,000

3 Beds
3 Baths
2,053 Sq Ft
$312/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $269,950 $131 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,914/month

66 Days on Market

About This Home

As of May 2013

The Overlook homes are true to the term "Contemporary Design" Detailed to provide a quality in design, liveability and eco-friendly cost saving construction. High efficiency heating systems & well planned designs are just the start. This model features 2 master bedrooms and a HUGE ROOF TOP DECK with panoramic views....and yes, it's plumbed for a wet bar! Come see "The Element" for yourself!

Last Agent to Sell the Property

Carol Blomgren

Lennar Sales Corp. License #81363 Listed on: 02/02/2013

Lennar Sales Corp.

Last Buyer's Agent

Missy Watts

Olympic Sotheby's Int'l Realty License #85539

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM443834

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$5,123

Year Built

2012

Lot Details

0

Interior Features

  • Features: 2nd Master BR, Bath Off Master, Double Pane/Storm Window
  • Fireplaces: 1
  • Floor: Hardwood, Vinyl, Wall to Wall Carpet

Exterior Features

  • Community Features: CCRs
  • Exterior: Cement Planked, Cement/Concrete
  • Foundation: Poured Concrete
  • Lot Details: Paved Street, Sidewalk
  • Roof: Composition
  • Site Features: Cable TV, Deck
  • View: City, Mountain, Sound

Garage/Parking

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

Utilities

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Tumwater
  • Water Company: City of Tumwater
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 38
  • HOA Fee Frequency: Annual

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2013
Closed on
May 2, 2013
Sold by
Lennar Northwest Inc
Bought by
Smith Kelli
Seller's Agent
Carol Blomgren
Lennar Sales Corp.
Buyer's Agent
Missy Watts
Olympic Sotheby's Int'l Realty
List Price
$269,950
Sold Price
$269,950
Current Estimated Value
$639,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,992
Avg. Annual Appreciation
7.15%
Original Mortgage
$256,450
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Premier Communities Llc
Bought by
Lennar Northwest Inc

Purchase Details

Closed on
Sep 27, 2011
Sold by
Somerset Hill Llc
Bought by
Premier Communities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2011
Sold by
Overlook 101 Llc
Bought by
Somerset Hill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
4.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Overlook 101 Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Smith Kelli $269,950 First American Title
Lennar Northwest Inc $483,747 Fatco
Premier Communities Llc $184,000 Chicago Title Company
Somerset Hill Llc -- Accommodation
Overlook 101 Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kelli $75,000
Open Smith Kelli $274,500
Closed Smith Kelli $256,450
Previous Owner Premier Communities Llc $184,000
Previous Owner Somerset Hill Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $269,950 0.0% $131 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $269,950 -- $131 / 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 $5,123 $532,400 $121,700 $410,700
2023 $5,123 $511,800 $97,700 $414,100
2022 $4,768 $484,000 $76,800 $407,200
2021 $4,610 $405,200 $55,500 $349,700
2020 $4,799 $359,300 $67,800 $291,500
2019 $4,370 $362,700 $80,000 $282,700
2018 $4,300 $333,200 $74,100 $259,100
2017 $3,564 $271,600 $76,200 $195,400
2016 $3,434 $261,750 $72,650 $189,100
2014 -- $250,800 $70,000 $180,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carol Blomgren

    Lennar Sales Corp.

    Section Image
  • Missy Watts

    Buyer's Agent in 2013

    Missy Watts

    Olympic Sotheby's Int'l Realty

    (360) 280-0509

    185 Total Sales

    Missy Watts
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM443834

Northwest Multiple Listing Service (NWMLS)

APN: 66990012400

Washington Thurston County Olympia 98512 Tumwater Hill

3045 Banks Ln SW, Olympia, WA

This home is located at 3045 Banks Ln SW, Olympia, WA 98512 since 02 February 2013 and is currently estimated at $639,942, approximately $311 per square foot. This property was built in 2012. 3045 Banks Ln SW is a home located in Thurston County with nearby schools including Tumwater Hill Elementary School, Tumwater Middle School, and A.G. West Black Hills High 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.

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Based on information submitted to the MLS GRID

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