Listed by Olympic Sotheby's Int'l Realty, Bought with Windermere RE/Himlie
NOT LISTED FOR SALE

3511 Forrest Parse Ln NE Olympia, WA 98506

Estimated Value: $830,454 - $917,000

3 Beds
2.5 Baths
2,870 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 22, 2025

Last sale price $845,000 $294 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,130/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Cul-De-Sac
  • Storm Windows
  • Bamboo Flooring
  • 3 Car Attached Garage
  • Patio

About This Home

As of July 2025

Situated on a 1± acre level lot, this custom 2870± sf rambler w/upstairs bonus room is built to impress. Functional split floorplan w/expansive primary bedroom features vaulted ceilings, 5 pc bath & walk-in closet. Kitchen boasts hardwood floors, stainless appliances, bar seating and a breakfast nook with dining room adjacent. French doors open to oversized patio w/gazebo in a fenced backyard that backs up to a greenbelt. Bonus room with half bath offers possibilities as a media room or a guest suite with bathroom plumbed for a shower. Massive 1260± sf 3 car garage plus an area outside for RV parking w/hookups. Easy access to Chehalis Western Trail and under 10 mins from downtown Olympia, enjoy the privacy without sacrificing proximity.

Last Agent to Sell the Property

Benjamin Gaubert

Olympic Sotheby's Int'l Realty License #122552 Listed on: 06/05/2025

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

KEITH FULLER

Windermere RE/Himlie License #3891

Windermere RE/Himlie

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2387722

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,906

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Garden

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • South Bay Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Propane
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Jeff Phelps Association
  • Secondary HOA Phone (360) 485-3279
  • South Bay Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 11806120502

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,906

Year Built

Built in 2006

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2006
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2870
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors
  • Living Area: 2870
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 2870
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank
  • Direction Faces: East
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Security: Fully Fenced
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Phone: 360-485-3279
  • Association: Yes
  • AssociationContactName: Jeff Phelps

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 11806120502
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio,Propane,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8906

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Jul 7, 2025
Sold by
Phelps Jeffrey A
Bought by
Kruger Patrice L and Spisak Mark A
Seller's Agent
Benjamin Gaubert
Olympic Sotheby's Int'l Realty
Buyer's Agent
KEITH FULLER
Windermere RE/Himlie
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%
Views
38
Current Estimated Value
$860,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,114
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Mar 23, 2021
Sold by
Phelps Jeffrey A and Phelps Jollene L
Bought by
Phelps Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,184
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2005
Sold by
Jensen Thomas O and Jensen Shirley L
Bought by
Phelps Jeffrey A and Phelps Jollene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.48%
Mortgage Type
Construction
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
Kruger Patrice L $845,000 Thurston County Title
Phelps Jeffrey A -- None Listed On Document
Phelps Jeffrey A $95,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelps Jeffrey A $506,184
Previous Owner Phelps Jeffrey A $333,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Sold $845,000 -0.6% $294 / Sq Ft
06/08/2025 06/08/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $850,000 -- $296 / 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 $7,233 $806,600 $242,800 $563,800
2023 $7,233 $746,500 $210,000 $536,500
2022 $8,007 $809,100 $166,700 $642,400
2021 $6,590 $684,300 $167,800 $516,500
2020 $6,026 $520,300 $141,500 $378,800
2019 $5,897 $488,200 $95,300 $392,900
2018 $6,462 $476,800 $80,500 $396,300
2017 $5,649 $430,650 $88,450 $342,200
2016 $5,671 $431,250 $77,450 $353,800
2014 -- $471,700 $74,700 $397,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2387722

Northwest Multiple Listing Service (NWMLS)

APN: 11806120502