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

4229 Waldrick Rd SE Olympia, WA 98501

Estimated Value: $640,000 - $798,000

3 Beds
2.5 Baths
3,098 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $405,000 $131 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,295/month

7 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Community Boat Launch
  • 2 Fireplaces
  • Docks
  • Lake View
  • 3 Car Attached Garage

About This Home

As of August 2020

Offut Lakefront investor's dream! A rare opportunity to own 55' of south facing lakefront, and make this diamond in the
rough your dream home. Needs TLC. Public records show 4 bedroom 2.5 baths, attached 2 car garage, carport and utility
building. 3 tax parcels totaling .84 acres; dock on lake in good shape. Just 10 minutes to Tumwater amenities!

Last Agent to Sell the Property

Micki Holden-Cooper

Olympic Sotheby's Int'l Realty License #93281 Listed on: 06/23/2020

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Justin Hjelm

Olympic Sotheby's Int'l Realty License #102063

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1613976

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,041

Year Built

  • Built in 1964

Lot Details

  • 0.84 Acre Lot
  • 55 Feet of Waterfront

Parking

  • 3 Car Attached Garage
  • Detached Carport Space

Home Design

  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,098 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Lake Views
  • Partially Finished Basement

Bedrooms and Bathrooms

Outdoor Features

  • Docks
  • Outbuilding

Schools

  • Tenino Mid Middle School
  • Tenino High School

Utilities

  • Private Water Source
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Tax Lot 14 (Partial 13&15)
  • Assessor Parcel Number 58600901300

Community Details

Overview

  • Offut Lake Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,041

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1964
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3058
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Partially Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Living Area: 3098
  • Main Level Bedrooms: 1
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3098
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Lake
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • WaterfrontFootage: 55

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Utilities: Septic System, Oil
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: North Offut Lake Water Service

Condo/Co-op/Association

  • Community Features: Boat Launch

Schools

  • Junior High Dist: Tenino
  • High School: Tenino High
  • Middle Or Junior School: Tenino Mid

Lot Info

  • Parcel Number: 58600901300
  • Lot Size Acres: 0.8421
  • Lot Size Sq Ft: 36683
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Dock,Outbuildings
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 14 (Partial 13&15)

Green Features

  • Power Production Type: Oil

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5041

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 5, 2020
Sold by
Penberthy Michele and Estate Of Rolla Sexauer
Bought by
Kinney Dale and Kinney Dalene
Seller's Agent
Micki Holden-Cooper
Olympic Sotheby's Int'l Realty
Buyer's Agent
Justin Hjelm
Olympic Sotheby's Int'l Realty
List Price
$429,900
Sold Price
$405,000
Premium/Discount to List
-$24,900
-5.79%
Current Estimated Value
$721,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,141
Avg. Annual Appreciation
11.81%
Original Mortgage
$324,000
Outstanding Balance
$287,411
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$433,730
Source: Public Records

Range of Values:

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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
Kinney Dale $405,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinney Dale $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $405,000 -5.8% $131 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $429,900 -- $139 / 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 $5,666 $691,000 $222,600 $468,400
2023 $5,666 $543,800 $186,500 $357,300
2022 $3,985 $551,300 $167,100 $384,200
2021 $3,960 $414,600 $96,800 $317,800
2020 $4,180 $342,600 $129,200 $213,400
2019 $4,250 $360,700 $96,100 $264,600
2018 $4,029 $314,400 $107,100 $207,300
2017 $3,742 $300,600 $97,400 $203,200
2016 $3,009 $270,850 $99,650 $171,200
2014 -- $262,450 $98,650 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1613976

Northwest Multiple Listing Service (NWMLS)

APN: 58600901300