NOT LISTED FOR SALE

3640 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $1,572,000 - $1,957,000

2 Beds
3 Baths
3,480 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $880,000 $253 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $10,104/month

6 Days on Market

Highlights

  • Views of a Sound
  • Spa
  • Deck
  • Property Fronts a Bay or Harbor
  • RV Access or Parking
  • Wood Flooring

About This Home

As of May 2018

Outstanding 180 degree panoramic views of Puget Sound, Mt Rainier, & Cooper Point from nearly every room. Unparalleled master bdrm wakes up to wall of windows & fireplace. Kitchen remodeled w/double slab granite island & high end appliances w/induction range. Custom sports bar & décor throughout bring this masterpiece to life. Paved & easy pathway to 150±ft of bulkhead w/tidelands & moorage. Detached 3 bay shop & covered parking for RV. Steamboat Island w/Griffin Schools is a great spot to be!

Last Agent to Sell the Property

Justin Hjelm

Olympic Sotheby's Int'l Realty License #102063 Listed on: 04/10/2018

Olympic Sotheby's Int'l Realty

Co-Listed By

John Stormans

Olympic Sotheby's Int'l Realty License #130340

Last Buyer's Agent

Al Eckroth

PNW Towns and Sound License #35223

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1271798

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,522

Year Built

  • Built in 1964

Lot Details

  • Property Fronts a Bay or Harbor
  • Sloped Lot
  • Garden

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Bulkhead
  • Deck
  • Outbuilding

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gravelly Beach Community

Listing and Financial Details

  • Assessor Parcel Number 12929121200

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,522

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Hot Tub/Spa, Jetted Tub, Security System, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3480
  • Square Footage Finished: 3480

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Medium, Bay, Bulkhead, Sound, Tideland Rights
  • Waterfront Frontage: 153± ft

Garage/Parking

  • Parking Type: Carport-Attached, Garage-Detached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Gravelly Beach

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 54886
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 12929121200
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 8102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 15, 2018
Sold by
Cornell Benjamin A and Cornell Tsering D
Bought by
Ware Brett C and Ware Lauren M
Seller's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
Buyer's Agent
Al Eckroth
PNW Towns and Sound
List Price
$864,900
Sold Price
$880,000
Premium/Discount to List
$15,100
1.75%
Current Estimated Value
$1,717,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,903
Avg. Annual Appreciation
9.49%
Original Mortgage
$429,900
Outstanding Balance
$370,158
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,347,745

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 14, 2015
Sold by
Kelly Michael J and Kelly Kimberly J
Bought by
Cornell Benjamin A and Cornell Tsering D
Seller's Agent
Eric Hjelm
Olympic Sotheby's Int'l Realty
Buyer's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
List Price
$749,500
Sold Price
$715,000
Premium/Discount to List
-$34,500
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$572,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2001
Sold by
Strada John R and Strada Janice L
Bought by
Kelly Michael J and Kelly Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.73%
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
Ware Brett C $1,023,464 Thurston County Title Co
Cornell Benjamin A $714,719 Thurston County Title
Kelly Michael J $485,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ware Brett C $429,900
Previous Owner Cornell Benjamin A $572,000
Previous Owner Kelly Michael J $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2018 05/22/18 Sold $880,000 +1.7% $253 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $864,900 +21.0% $249 / Sq Ft
05/15/2015 05/15/15 Sold $715,000 -4.6% $205 / Sq Ft View Prior Sale
04/08/2015 04/08/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $749,500 -- $215 / 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 $11,522 $1,686,500 $654,800 $1,031,700
2023 $11,522 $1,524,100 $493,700 $1,030,400
2022 $9,979 $1,567,400 $424,600 $1,142,800
2021 $7,720 $1,114,100 $383,800 $730,300
2020 $7,917 $827,800 $341,800 $486,000
2019 $7,002 $738,400 $342,900 $395,500
2018 $7,755 $654,000 $290,500 $363,500
2017 $8,102 $699,000 $211,000 $488,000
2016 -- $670,200 $261,100 $409,100
2014 -- $640,250 $263,750 $376,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1271798

Northwest Multiple Listing Service (NWMLS)

APN: 12929121200