Listed by Morrison House Sotheby's Intl, Bought with Keller Williams Realty PS
NOT LISTED FOR SALE

3540 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $1,351,002 - $1,904,000

3 Beds
6 Baths
3,136 Sq Ft
$514/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $1,650,000 $526 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,303/month

Highlights

  • 450 Feet of Waterfront
  • RV Access or Parking
  • Contemporary Architecture
  • Views of a Sound
  • Deck
  • Secluded Lot

About This Home

As of August 2022

Newer Modern yet Beachy, Main Floor Living Perfectly Positioned in PNW Paradise. Nearly SIX ACRES on 2 parcels + 1640 sq ft SHOP w/ guest quarters! You will be the envy of the Puget Sound w/ 450+ ft of salt waterfront w/ a seasonal fresh water stream that flows into your very own private estuary w/ an abundance of aqua culture and many species of native shellfish. You'll fancy the real life fern gully among many trails throughout the property. Open floor plan w/ high end finishes, maple floors, quartz counters, vaulted wood ceilings. Plenty of windows to view nature fully encircling the home. Enjoy gardening & entertaining large gatherings on the 2000 sq ft cedar deck w/ saltwater views! Your next chapter starts on Flapjack Point...

Last Agent to Sell the Property

Courtney Drennon

Morrison House Sotheby's Intl License #74829 Listed on: 07/20/2022

Morrison House Sotheby's Intl

Last Buyer's Agent

Maria Riggins

Keller Williams Realty PS License #27921

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1971278

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,702

Year Built

  • Built in 2013

Lot Details

  • 5.93 Acre Lot
  • 450 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Open Space
  • Secluded Lot
  • Level Lot
  • Garden
  • Value in Land
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 9 Car Attached Garage
  • Detached Carport Space
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Patio
  • Outbuilding

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gravelly Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12929132300

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,702

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2013
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3136
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • 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: Heat Pump, Central A/C, High Efficiency - 90%+, Ductless HP-Mini Split, Ceramic Tile, Hardwood, Wall to Wall Carpet, Wired for Generator, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Security System, Vaulted Ceiling(s), Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 3136
  • Main Level Bedrooms: 1
  • Bathrooms: 4.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3136
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 2
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 1
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Washer

Exterior Features

  • Roof: Metal
  • View: Bay, Sound, Territorial
  • Lot Features: Open Space, Secluded, Value In Land
  • View: Yes
  • Waterfront Features: Bank-Medium, Bay/Harbor, Saltwater, Sound, Tideland Rights
  • Waterfront: Yes
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 450+/-

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 9
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Attached Garage, Detached Garage, Off Street
  • Total Parking Spaces: 9

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Propane, Septic System, Electricity Available, Individual Well
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Ductless HP-Mini Split,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Private Well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Griffin
  • High School: Buyer To Verify
  • Middle Or Junior School: Griffin Mid School

Lot Info

  • Parcel Number: 12929132300
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 5.931
  • Lot Size Sq Ft: 258355
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Moorage,Outbuildings,Patio,Propane,RV Parking,Shop
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Architect Drawings
  • ZoningJurisdiction: County

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 8702
  • AdditionalTaxIds: 12929132302

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Griffin Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 15, 2022
Sold by
Kolb and Stephanie
Bought by
John And Maria Iglesias Joint Revocable Trust
Seller's Agent
Courtney Drennon
Morrison House Sotheby's Intl
Buyer's Agent
Maria Riggins
Keller Williams Realty PS
List Price
$1,650,000
Sold Price
$1,650,000
Views
1
Current Estimated Value
$1,610,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,333
Avg. Annual Appreciation
-0.77%
Original Mortgage
$1,709,400
Outstanding Balance
$1,631,507
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
-$20,840

Purchase Details

Closed on
Jun 12, 2013
Sold by
Clarke Curtis and Clarke Leola
Bought by
Kolb Damien and Kolb Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Morrison Randy and Morrison Karen
Bought by
Clarke Curtis and Clarke Leola

Purchase Details

Closed on
May 20, 2009
Sold by
Morrison Randy and Morrison Karen
Bought by
Brock Anthony and Brock Michelle

Purchase Details

Closed on
May 19, 2006
Sold by
Sunrise Ranch Llc
Bought by
Morrison Randy and Morrison Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 2001
Sold by
Labreck Jeffrey E
Bought by
Sunrise Ranch Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
John And Maria Iglesias Joint Revocable Trust $1,650,000 Thurston County Title
Kolb Damien $195,000 Thurston County Title
Clarke Curtis $199,000 Thurston County Title
Brock Anthony -- Chicago Title Insurance Comp
Morrison Randy $400,000 Thurston County Title
Sunrise Ranch Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John And Maria Iglesias Joint Revocable Trust $1,709,400
Previous Owner Kolb Damien $412,000
Previous Owner Morrison Randy $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $1,650,000 0.0% $526 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $1,650,000 -- $526 / 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 $8,761 $1,337,300 $252,700 $1,084,600
2023 $8,761 $1,144,900 $265,500 $879,400
2022 $7,484 $1,011,500 $214,300 $797,200
2021 $6,655 $823,600 $205,600 $618,000
2020 $7,316 $703,500 $167,600 $535,900
2019 $6,887 $674,200 $150,000 $524,200
2018 $7,102 $591,700 $128,600 $463,100
2017 $6,196 $532,050 $126,150 $405,900
2016 $5,622 $494,400 $137,100 $357,300
2014 -- $475,950 $167,450 $308,500
Source: Public Records

Agents Affiliated with this Home

  • Courtney Drennon

    Seller's Agent in 2022

    Courtney Drennon

    Morrison House Sotheby's Intl

    (360) 790-0262

    117 Total Sales

    Courtney Drennon
    Section Image
  • Maria Riggins

    Buyer's Agent in 2022

    Maria Riggins

    Keller Williams Realty PS

    (206) 930-5419

    69 Total Sales

    Maria Riggins
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1971278

Northwest Multiple Listing Service (NWMLS)

APN: 12929132300

Washington Thurston County Olympia 98502

3540 Gravelly Beach Loop NW, Olympia, WA

This home is located at 3540 Gravelly Beach Loop NW, Olympia, WA 98502 since 20 July 2022 and is currently estimated at $1,610,667, approximately $513 per square foot. This property was built in 2013. 3540 Gravelly Beach Loop 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

Nearby Homes