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

3126 Madrona Beach Rd NW Olympia, WA 98502

Estimated Value: $1,098,769 - $1,399,000

4 Beds
1 Bath
2,310 Sq Ft
$527/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $615,000 $266 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,081/month

70 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Fruit Trees
  • 1 Fireplace
  • Views of a Sound
  • Deck
  • Attached Garage

About This Home

As of December 2014

Uncommon opportunity to own a close-in, low bank salt waterfront home AND an additional home upland on it's own parcel. The 4BR, 2.5 BA, 1973-built waterfront home features 2310 SF of mostly updated living space on 1 level, w/new flooring, paint, & more. Enjoy a private boat launch & 104' of pebbly shore just a stone's throw away. The upper 2BR, 1.75 BA view home built in 1942 sits on 1.36 acres & offers 1104 SF of character w/a full basement ready for finishing. Separate septic's, shared well.

Last Agent to Sell the Property

Karen Thurston

Virgil Adams Real Estate, Inc. License #12636 Listed on: 08/14/2014

Co-Listed By

Patrick Thier

Virgil Adams Real Estate, Inc. License #16920

Last Buyer's Agent

Renee Brenner

Greene Realty Group LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM682623

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,780

Year Built

  • Built in 1973

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden

Property Views

  • Views of a Sound
  • Territorial Views

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Parking

  • Attached Garage
  • Detached Carport Space

Outdoor Features

  • Tideland Water Rights
  • Deck

Utilities

  • Shared Well
  • Septic System
  • High Speed Internet

Community Details

  • Madrona Beach Community

Listing and Financial Details

  • Assessor Parcel Number 60303000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,780

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 2310

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Sound, Territorial
  • Waterfront: Bank-Low, No Bank, Sound, Tideland Rights
  • Waterfront Frontage: 104

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Sewer: Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Madrona Beach

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Sq Ft: 10816
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 60303000100
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 5167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2014
Closed on
Dec 19, 2014
Sold by
Morrow Family Oyster Land Llc
Bought by
Taylor Weston and Taylor Brittany
Seller's Agent
Karen Thurston
Virgil Adams Real Estate, Inc.
Buyer's Agent
Renee Brenner
Greene Realty Group LLC
List Price
$725,000
Sold Price
$615,000
Premium/Discount to List
-$110,000
-15.17%
Current Estimated Value
$1,216,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,942
Avg. Annual Appreciation
6.51%
Original Mortgage
$492,000
Outstanding Balance
$377,424
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$839,518
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
Taylor Weston $614,719 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Weston $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $615,000 -5.2% $266 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/13/2014 10/13/14 Price Changed $648,500 -10.6% $281 / Sq Ft
08/14/2014 08/14/14 For Sale $725,000 -- $314 / 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 $7,780 $1,133,800 $623,000 $510,800
2023 $7,780 $1,024,000 $488,600 $535,400
2022 $6,659 $960,700 $395,400 $565,300
2021 $5,868 $739,000 $373,400 $365,600
2020 $6,216 $625,600 $359,900 $265,700
2019 $5,361 $576,800 $366,600 $210,200
2018 $5,806 $487,000 $296,600 $190,400
2017 $5,165 $442,050 $181,850 $260,200
2016 $5,029 $442,150 $232,550 $209,600
2014 -- $425,350 $234,950 $190,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Karen Thurston

    Virgil Adams Real Estate, Inc.

    (360) 789-1015

    49 Total Sales

    Karen Thurston
    Section Image

  • P

    Seller Co-Listing Agent in 2014

    Patrick Thier

    Virgil Adams Real Estate, Inc.

    (360) 789-1011

    38 Total Sales

    Patrick Thier
    Section Image

  • R

    Buyer's Agent in 2014

    Renee Brenner

    Greene Realty Group LLC

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM682623

Northwest Multiple Listing Service (NWMLS)

APN: 60303000100

Washington Thurston County Olympia 98502

3126 Madrona Beach Rd NW, Olympia, WA

This home is located at 3126 Madrona Beach Rd NW, Olympia, WA 98502 since 14 August 2014 and is currently estimated at $1,216,942, approximately $526 per square foot. This property was built in 1973. 3126 Madrona Beach Rd NW is a home located in Thurston County with nearby schools including Griffin 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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