NOT LISTED FOR SALE

3444 Madrona Beach Rd NW Olympia, WA 98502

Estimated Value: $1,215,000 - $1,446,000

3 Beds
2 Baths
2,506 Sq Ft
$540/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $1,320,000 $527 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,757/month

7 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Secluded Lot
  • Views of a Sound
  • Deck
  • Wood Flooring

About This Home

As of April 2024

This impeccably kept and updated waterfront home and property has the "wow" factor! Low/medium bank access to the pebbly beach with bulkhead, tideland ownership, and a DOCK! Enjoy soothing views of Eld Inlet and Mt. Rainier at this uber-quiet location at the end of the county road. Spacious full-length view deck, large paver patio, low maintenance grounds, and an attached 2-car garage with workshop space. Forced air heat with heat pump. Generous use of hardwood, granite, and tile. Heated main level bathroom floor. Two large wood-burning fireplaces. Highly sought-after Griffin Schools, and conveniently close to schools, the freeway, and shopping. Prepare to fall in love!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 03/07/2024

Last Buyer's Agent

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 03/07/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2207581

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,922

Year Built

  • Built in 1959

Lot Details

  • 0.49 Acre Lot
  • Low Bank Waterfront Property
  • 100 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • West Facing Home
  • Secluded Lot
  • Level Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,506 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School
  • Capital High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Madrona Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60305200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,922

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2506
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Double Pane/Storm Window, Dining Room, Wet Bar, Fireplace
  • Living Area: 2506
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2506
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, Bay/Harbor, Bulkhead, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 100' low bank Eld In
  • WaterAccess: Tideland Rights

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Private well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Griffin
  • High School: Capital High
  • Middle Or Junior School: Griffin Mid School

Lot Info

  • Parcel Number: 60305200000
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.4936
  • Lot Size Sq Ft: 21500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,High Speed Internet
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6922

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Griffin Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Mar 19, 2024
Sold by
Jabbar Judith C
Bought by
Jabbar Salah Mike
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
List Price
$1,144,000
Sold Price
$1,320,000
Premium/Discount to List
$176,000
15.38%
Views
42
Current Estimated Value
$1,353,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,078
Avg. Annual Appreciation
1.61%

Purchase Details

Closed on
Apr 21, 2017
Sold by
Bellis Dennis G
Bought by
Fraser Tree Farm

Purchase Details

Closed on
Dec 24, 2012
Sold by
Fraser Alan J and Fraser Kirk L
Bought by
Fraser Alan J
Source: Public Records

Range of Values:

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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
Jabbar Salah Mike -- Chicago Title
Jabbar Salah Mike $1,320,000 Chicago Title
Fraser Tree Farm -- None Available
Fraser Alan J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $1,320,000 +15.4% $527 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,144,000 -- $457 / 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 $7,242 $1,189,400 $535,000 $654,400
2023 $7,242 $952,200 $418,900 $533,300
2022 $6,282 $891,000 $353,700 $537,300
2021 $5,221 $696,500 $327,200 $369,300
2020 $5,437 $555,300 $314,900 $240,400
2019 $4,726 $503,200 $305,400 $197,800
2018 $5,300 $443,800 $267,300 $176,500
2017 $4,975 $425,500 $187,400 $238,100
2016 $2,245 $388,250 $214,650 $173,600
2014 -- $378,950 $216,850 $162,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2207581

Northwest Multiple Listing Service (NWMLS)

APN: 60305200000