NOT LISTED FOR SALE

4408 87th Ave SE Olympia, WA 98501

Estimated Value: $976,000 - $1,742,585

4 Beds
3 Baths
3,646 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $600,000 $165 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,893/month

Highlights

  • Barn
  • RV Access or Parking
  • Deck
  • East Olympia Elementary School Rated A-
  • Fruit Trees
  • Traditional Architecture

About This Home

As of October 2017

Living at its finest. View this elegant custom home on acreage with a circle drive. You will be welcomed into an expansive entry with Swedish hardwood floors, wainscoting and a graceful open stairway. Kitchen is large with granite counter, island, and walk-in pantry. Master bedroom suite is on main floor with a walk-in closet and private patio. Upstairs there are 3 bedrooms and a bonus room. Also included is a well built barn for animals or work space.

Last Agent to Sell the Property

Lowell Miller

Van Dorm Realty, Inc. Listed on: 10/27/2017

Last Buyer's Agent

Lowell Miller

Van Dorm Realty, Inc. Listed on: 10/27/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1213594

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,835

Year Built

  • Built in 1993

Lot Details

  • Level Lot
  • Fruit Trees
  • Garden
  • Property is zoned RRR1/5

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Propane
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • 2 Fireplaces
  • Barn

Community Details

  • East Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 39910600200

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,835

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3646
  • Square Footage Finished: 3646
  • Square Footage Unfinished: 826

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private
  • Water Heater: Garage-Gas
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: East Olympia

Schools

  • Elementary School: East Olympia Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Details: Paved Street
  • Lot Dimensions: 164x628
  • Lot Sq Ft: 106772
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 39910600200
  • Zoning Code: RRR1/5
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 7607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Oct 26, 2017
Sold by
Singh Satnam and Kaur Gagandeep
Bought by
Baker Joni L and Baker George J
Seller's Agent
Lowell Miller
Van Dorm Realty, Inc.
Buyer's Agent
Lowell Miller
Van Dorm Realty, Inc.
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$1,249,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,528
Avg. Annual Appreciation
9.89%
Original Mortgage
$297,000
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 20, 2014
Sold by
Dibene Joseph T and Dibene Cynthia P
Bought by
Kaur Gagandeep and Singh Satnam
Seller's Agent
Gergen Robinson
Legacy Elite Property Mgmt
Buyer's Agent
Lowell Miller
Van Dorm Realty, Inc.
List Price
$560,000
Sold Price
$504,000
Premium/Discount to List
-$56,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$402,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
Russell Barry B and Russell Carolyn A
Bought by
Dibene Ii Joseph T and Dibene Cynthia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2002
Sold by
Russell Barry B and Russell Carolyn A
Bought by
Humphries Jackie and Humphries Janice N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.95%
Mortgage Type
Seller Take Back
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
Baker Joni L $604,719 Chicago Title Company
Kaur Gagandeep $503,719 Stewart Title Of Western Was
Dibene Ii Joseph T $459,900 Stewart Title Of Wester
Humphries Jackie $80,000 Stewart Title Of Western
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Joni L $330,000
Closed Baker Joni L $0
Closed Baker Joni L $448,000
Closed Baker Joni L $405,000
Closed Baker Joni L $142,750
Closed Baker Joni L $297,000
Previous Owner Kaur Gagandeep $140,000
Previous Owner Kaur Gagandeep $402,000
Previous Owner Dibene Ii Joseph T $301,803
Previous Owner Dibene Ii Joseph T $333,700
Previous Owner Humphries Jackie $72,000
Closed Dibene Ii Joseph T $126,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $600,000 0.0% $165 / Sq Ft
10/27/2017 10/27/17 For Sale $600,000 +19.0% $165 / Sq Ft
08/22/2014 08/22/14 Sold $504,000 -8.2% $138 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
06/20/2014 06/20/14 Price Changed $549,000 -2.0% $151 / Sq Ft
05/08/2014 05/08/14 For Sale $560,000 -- $154 / 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 $14,835 $1,697,500 $234,900 $1,462,600
2023 $14,835 $1,454,300 $259,800 $1,194,500
2022 $15,702 $1,701,100 $160,000 $1,541,100
2021 $13,095 $1,336,100 $165,600 $1,170,500
2020 $12,525 $1,015,000 $145,200 $869,800
2019 $9,145 $953,000 $142,400 $810,600
2018 $8,987 $677,700 $114,200 $563,500
2017 $8,288 $608,050 $107,250 $500,800
2016 $7,081 $558,700 $109,900 $448,800
2014 -- $518,150 $95,550 $422,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1213594

Northwest Multiple Listing Service (NWMLS)

APN: 39910600200