NOT LISTED FOR SALE

3228 40th Ln NW Olympia, WA 98502

Estimated Value: $812,521 - $899,000

3 Beds
2 Baths
2,492 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $725,000 $291 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,259/month

Highlights

  • Contemporary Architecture
  • Secluded Lot
  • 1 Fireplace
  • Jefferson Middle School Rated A
  • Territorial View
  • Attached Garage

About This Home

As of November 2021

Don’t miss an opportunity to view this gorgeous 3 BR + den rambler in Green Cove Estates. Pillared front porch leads you into a beautiful 7 ft wide entryway and into a great room floor plan complete with gas log fireplace, 10 ft high ceilings, transom windows, and travertine tile flooring. Tons of light and open spaces. Spacious kitchen with center island and granite tile counters. Large master suite with 5 piece bath and jetted tub. 3 car garage with room for a golf cart for easy access to the Olympia Country Club. Beautiful lot with great entertaining spaces with water feature and garden area. Gas Forced air heat with heat pump for efficiency. Community beach access available. Must see the custom touches to this home. Shows amazing!

Last Agent to Sell the Property

Jim Greene

Olympic Sotheby's Int'l Realty License #23709 Listed on: 08/19/2021

Last Buyer's Agent

Jim Greene

Olympic Sotheby's Int'l Realty License #23709 Listed on: 08/19/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1825890

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,732

Year Built

  • Built in 1998

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Green Cove Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 51610000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,732

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, French Doors, Jetted Tub, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2492
  • Square Footage Finished: 2492

Exterior Features

  • Exterior: Cement Planked
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Green Cove Water System
  • Water Heater: Garage-Gas (2)
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 30
  • Community Name: Green Cove
  • Community Features: CCRs

Schools

  • School District: OLY

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 18634
  • Lot Topography Vegetation: Level
  • Parcel Number: 51610000200
  • Zoning Jurisdiction: County
  • Lot Topography: Level

Tax Info

  • Tax Amount: 7104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 12, 2021
Sold by
Mckillip Beverly
Bought by
Fu Christina T and Semrau Erik F
Seller's Agent
Jim Greene
Olympic Sotheby's Int'l Realty
Buyer's Agent
Jim Greene
Olympic Sotheby's Int'l Realty
List Price
$749,950
Sold Price
$725,000
Premium/Discount to List
-$24,950
-3.33%
Current Estimated Value
$865,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,630
Avg. Annual Appreciation
4.54%
Original Mortgage
$543,750
Outstanding Balance
$495,849
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$369,781

Purchase Details

Closed on
Jul 8, 2016
Sold by
Mckillip John
Bought by
Mckillip Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2016
Sold by
Mckillip Beverly
Bought by
Mckillip John R and Mckillip Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2012
Sold by
Mckillip John
Bought by
Mckillip Beverly

Purchase Details

Closed on
May 29, 1997
Sold by
Christensen Inc General Contractor
Bought by
Mckillip John and Mckillip Beverly

Purchase Details

Closed on
May 21, 1997
Sold by
Schulte Terrance A and Schulte Marjorie Camille
Bought by
Berschauer Jake and Berschauer Christine M

Purchase Details

Closed on
Oct 3, 1990
Sold by
Schulte Terrance A and Schulte Marjorie Camille
Bought by
Berschauer Jake and Berschauer Christine M
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
Fu Christina T $725,000 Thurston County Title Co
Mckillip Beverly -- None Available
Mckillip John R -- Thurston County Title
Mckillip Beverly -- None Available
Mckillip John -- Thurston County Title Co
Berschauer Jake -- Thurston County Title Co
Berschauer Jake -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Christina T $543,750
Previous Owner Mckillip John R $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $725,000 -3.3% $291 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $749,950 -- $301 / 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 $8,732 $862,600 $220,700 $641,900
2023 $8,732 $786,600 $223,500 $563,100
2022 $8,227 $733,300 $177,800 $555,500
2021 $7,104 $660,200 $140,600 $519,600
2020 $7,381 $517,000 $151,200 $365,800
2019 $6,186 $525,800 $88,000 $437,800
2018 $6,389 $465,500 $85,300 $380,200
2017 $5,672 $426,750 $88,450 $338,300
2016 $5,521 $428,450 $97,850 $330,600
2014 -- $409,450 $97,850 $311,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Greene

    Olympic Sotheby's Int'l Realty

    (360) 528-4167

    68 Total Sales

    Jim Greene
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1825890

Northwest Multiple Listing Service (NWMLS)

APN: 51610000200

Washington Thurston County Olympia 98502

3228 40th Ln NW, Olympia, WA

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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