Listed by Coldwell Banker Evergreen, Bought with Redfin
NOT LISTED FOR SALE

3918 Gravelly Beach Loop NW Olympia, WA 98502

Estimated Value: $1,276,481 - $1,433,000

2 Beds
2.5 Baths
2,887 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $1,200,000 $416 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,951/month

8 Days on Market

Highlights

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

About This Home

As of July 2020

Paradise Found! A dream NW salt waterfront home! Spectacular views from every room in this immaculate 2,887 sf, 3 BR
on 2 BR septic home w/ Main Floor living & 135' of waterfront. Easy path & steps to beach. GORGEOUS details
thruout: Acacia hardwood floors, quartz counters, stacked stone fireplace, marble floors & counters. Large deck to
enjoy sunrises (check out our videos!) 2nd kitchen downstairs. Storage for kayaks etc. Tidelands included. Clams &
oysters. Popular Griffin & Oly schools.

Last Agent to Sell the Property

Karen Hamilton

Coldwell Banker Evergreen License #28243 Listed on: 06/04/2020

Coldwell Banker Evergreen

Last Buyer's Agent

Bliss Ong

Redfin License #111702

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1606981

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,751

Year Built

  • Built in 2014

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 123' x 438' x 135' x 192' x 335'
  • 135 Feet of Waterfront
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

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

Interior Spaces

  • 2,887 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Capital High School

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gravelly Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12929211400

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,751

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2014
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2887
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 2887
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2887
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Bay, See Remarks, Sound, Territorial
  • Lot Features: Secluded
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 135

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Private Well
  • WaterHeaterLocation: Downstairs Mech Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Olympia
  • High School: Capital High

Lot Info

  • Parcel Number: 12929211400
  • Topography: Level,PartialSlope
  • Lot Size Acres: 1.36
  • Lot Size: 123' x 438' x 135' x 192' x 335'
  • Lot Size Sq Ft: 59242
  • Zoning Description: N
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Owner
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 21, 2020
Sold by
Aspelund Mark E and Aspelund Keri A
Bought by
Penner A Timothy A and Penner Faith H
Seller's Agent
Karen Hamilton
Coldwell Banker Evergreen
Buyer's Agent
Bliss Ong
Redfin
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$1,356,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,827
Avg. Annual Appreciation
2.39%
Original Mortgage
$600,000
Outstanding Balance
$532,040
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$824,787

Purchase Details

Closed on
Oct 18, 2005
Sold by
Walton Jennifer L
Bought by
Aspelund Mark E and Aspelund Keri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac
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
Penner A Timothy A $1,200,000 Thurston County Title Co
Aspelund Mark E $413,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penner A Timothy A $600,000
Previous Owner Aspelund Mark E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $1,200,000 -4.0% $416 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $1,250,000 -- $433 / 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 $8,744 $1,222,300 $552,100 $670,200
2023 $8,744 $1,153,100 $413,600 $739,500
2022 $6,672 $1,155,400 $388,300 $767,100
2021 $5,610 $740,800 $331,900 $408,900
2020 $5,751 $598,500 $307,500 $291,000
2019 $4,991 $533,700 $300,000 $233,700
2018 $5,542 $465,000 $254,700 $210,300
2017 $5,506 $472,250 $189,750 $282,500
2016 $3,553 $468,300 $217,100 $251,200
2014 -- $298,000 $219,300 $78,700
Source: Public Records

Agents Affiliated with this Home

  • Karen Hamilton

    Seller's Agent in 2020

    Karen Hamilton

    Coldwell Banker Evergreen Olympic Realty, Inc.

    (360) 951-4949

    76 Total Sales

    Karen Hamilton
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1606981

Northwest Multiple Listing Service (NWMLS)

APN: 12929211400

Washington Thurston County Olympia 98502

3918 Gravelly Beach Loop NW, Olympia, WA

This home is located at 3918 Gravelly Beach Loop NW, Olympia, WA 98502 since 04 June 2020 and is currently estimated at $1,356,827, approximately $469 per square foot. This property was built in 2014. 3918 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

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