Listed by Virgil Adams Real Estate, Inc., Bought with COMPASS
NOT LISTED FOR SALE

3420 Fishtrap Loop NE Olympia, WA 98506

Estimated Value: $778,000 - $1,283,717

2 Beds
2 Baths
1,886 Sq Ft
$533/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $1,425,000 $756 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $6,027/month

Highlights

  • Boathouse
  • Low Bank Waterfront Property
  • RV Access or Parking
  • Boston Harbor Elementary School Rated A-
  • Views of a Sound
  • Fruit Trees

About This Home

As of March 2022

Enjoy stunning views of Dana Passage from this updated, stylish, & exceptionally maintained home! Beautiful low-bank sandy beach w/ bulkhead, boathouse, & ownership of the tidelands. A classic Northwest setting! Outstanding curb appeal. Large lot w/ mature landscaping, RV/boat parking, garden space, and Asian pear tree. Wired for a generator, plus ductless heat and propane free-standing stove. There is also a detached office/get-away spot. Very generous use of hardwood floors. Bright living spaces/exposed beams. Lots of granite, quartz, and tile. Main floor primary suite w/ walk-in closet! Take the pretty spiral staircase to the upper bonus room which has unbelievably good views. This gem boasts cozy elegance! Very popular Olympia Schools!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 02/17/2022

Last Buyer's Agent

Kristine Redford

COMPASS License #113808

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1889965

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,276

Year Built

  • Built in 1988

Lot Details

  • 0.8 Acre Lot
  • Low Bank Waterfront Property
  • 65 Feet of Waterfront
  • Home fronts a sound
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,886 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Boathouse
  • Deck
  • Outbuilding

Schools

  • Boston Harbor Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Mini Split Air Conditioners
  • Generator Hookup
  • Propane
  • Private Water Source
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fishtrap Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11906412000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,276

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1988
  • Inclusions: Dishwasher,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1886
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Walk-In Pantry, Wired for Generator, Water Heater
  • Living Area: 1886
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1886
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Bay, Sound
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bulkhead, Saltwater, Sound, Tideland Rights
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 65' low bank Dana Pa

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Propane, Septic System, Electricity Available, Propane
  • HeatingCoolingType: Ductless HP-Mini Split,Stove/Free Standing
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Private well
  • WaterHeaterType: Electric
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Reeves Mid

Lot Info

  • Parcel Number: 11906412000
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.8
  • Lot Size Sq Ft: 34848
  • Zoning Description: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,High Speed Internet,Outbuildings,Propane,RV Parking
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6276

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Boston Harbor Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Olson-Verdin Krista L
Bought by
Verdin Javier Vincent
Current Estimated Value
$1,004,906

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 16, 2022
Sold by
Vincent Verdin Javier
Bought by
Olson-Verdin Krista L
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Kristine Redford
COMPASS
List Price
$1,275,000
Sold Price
$1,425,000
Premium/Discount to List
$150,000
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.27%
Original Mortgage
$905,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Morrison John Kevin
Bought by
Morrison John K and Morrison Leanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1998
Sold by
Hopper Kathleen Ann
Bought by
Morrison John Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.75%
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
Verdin Javier Vincent -- None Listed On Document
Olson-Verdin Krista L -- Chicago Title
Olson-Verdin Krista L $1,425,000 Chicago Title
Morrison John K -- Chicago Title Company
Morrison John Kevin -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson-Verdin Krista L $905,000
Previous Owner Morrison John K $82,000
Previous Owner Morrison John Kevin $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $1,425,000 +11.8% $756 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,275,000 -- $676 / 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 $9,206 $920,400 $458,900 $461,500
2023 $9,206 $893,500 $407,600 $485,900
2022 $6,275 $681,800 $282,700 $399,100
2021 $6,277 $543,000 $261,400 $281,600
2020 $5,922 $498,800 $277,100 $221,700
2019 $4,808 $458,400 $277,600 $180,800
2018 $5,220 $399,300 $258,500 $140,800
2017 $4,184 $328,000 $143,500 $184,500
2016 $3,902 $313,750 $161,850 $151,900
2014 -- $294,000 $158,800 $135,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1889965

Northwest Multiple Listing Service (NWMLS)

APN: 11906412000