Listed by Riley Jackson Real Estate Inc., Bought with Greene Realty Group LLC
NOT LISTED FOR SALE

3117 Banks Ln SW Olympia, WA 98512

Tumwater Hill Neighborhood

Estimated Value: $625,407 - $712,000

3 Beds
3 Baths
2,325 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $324,000 $139 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,088/month

34 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Wood Flooring
  • Tumwater Middle School Rated A-
  • Contemporary Architecture
  • 3-minute walk to Overlook Point Park

About This Home

As of March 2016

Outstanding Contemporary design provides functional & affordable eco living. Exceptional floor plan features spacious bedrooms, generous master bedroom w/ full 5 piece bathroom & custom walk in closet. Kitchen includes all stainless appliances & breakfast bar. Full wet bar off the iconic ROOF TOP DECK; amazing views of MT Rainier, the Olympics & Puget Sound! This is a perfect set up for the creative, looking for high efficiency & low low yard maintenance. Roof is single-ply membrane.

Last Agent to Sell the Property

Paul Strawn

Riley Jackson Real Estate Inc. License #16938 Listed on: 12/14/2015

Co-Listed By

Carrie Strawn

Riley Jackson Real Estate Inc.

Last Buyer's Agent

Sheryl Weatherbee

Greene Realty Group LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM877318

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,481

Year Built

  • Built in 2010

Lot Details

  • Level Lot
  • Drought Tolerant Landscaping

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Tumwater Hill Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 66990013100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,481

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Homebuilder: Premier Communities LLC
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Loft, Vaulted Ceilings
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2325
  • Square Footage Finished: 2325

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • View: Mountain, Sound, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Tumwater
  • Water Company: City of Tumwater
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 36
  • Community Name: Tumwater Hill
  • Project: Overlook
  • Community Features: Ccrs

Schools

  • School District: TUM

Lot Info

  • Lot Details: Drought Res Landscpe, Paved Street, Sidewalk
  • Lot Sq Ft: 3548
  • Lot Topography Vegetation: Level
  • Parcel Number: 66990013100
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 22, 2016
Sold by
Heltsley Scott and Heltsley Susan
Bought by
Wallace Charles T and Wallace Sharon D
Seller's Agent
Paul Strawn
Riley Jackson Real Estate Inc.
Buyer's Agent
Sheryl Weatherbee
Greene Realty Group LLC
List Price
$329,800
Sold Price
$324,000
Premium/Discount to List
-$5,800
-1.76%
Current Estimated Value
$666,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,352
Avg. Annual Appreciation
7.68%
Original Mortgage
$307,800
Outstanding Balance
$245,611
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$404,755

Purchase Details

Closed on
Jun 8, 2011
Sold by
Premier Communities Llc
Bought by
Heltsley Scott and Heltsley Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,984
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Overlook Ridge 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
$231,984
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2011
Sold by
T D Holdings Llc
Bought by
Overlook Ridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,984
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2011
Sold by
Overlook 101 Llc
Bought by
T D Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,984
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,984
Interest Rate
4.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wallace Charles T $323,719 Thurston County Title
Heltsley Scott $289,979 First American Title
Premier Communities Llc $1,344,000 Chicago Title Company
Overlook Ridge Llc -- Accommodation
T D Holdings Llc -- Accommodation
Overlook 101 Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Charles T $307,800
Previous Owner Heltsley Scott $231,984
Previous Owner Premier Communities Llc $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $324,000 -1.8% $139 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $329,800 -- $142 / 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 $5,481 $576,300 $122,500 $453,800
2023 $5,481 $547,700 $98,400 $449,300
2022 $4,319 $425,000 $77,300 $347,700
2021 $4,118 $366,900 $56,100 $310,800
2020 $4,226 $320,900 $68,000 $252,900
2019 $3,802 $319,300 $80,200 $239,100
2018 $3,701 $286,700 $74,300 $212,400
2017 $3,909 $298,000 $76,400 $221,600
2016 $3,729 $282,950 $72,650 $210,300
2014 -- $273,850 $70,050 $203,800
Source: Public Records

Agents Affiliated with this Home

  • Paul Strawn

    Seller's Agent in 2016

    Paul Strawn

    Riley Jackson Real Estate Inc.

    (360) 918-4381

    5 in this area

    33 Total Sales

    Paul Strawn
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Carrie Strawn

    Riley Jackson Real Estate Inc.

    Section Image

  • S

    Buyer's Agent in 2016

    Sheryl Weatherbee

    Greene Realty Group LLC

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM877318

Northwest Multiple Listing Service (NWMLS)

APN: 66990013100

Washington Thurston County Olympia 98512 Tumwater Hill

3117 Banks Ln SW, Olympia, WA

This home is located at 3117 Banks Ln SW, Olympia, WA 98512 since 14 December 2015 and is currently estimated at $666,352, approximately $286 per square foot. This property was built in 2010. 3117 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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