NOT LISTED FOR SALE

4616 118th Loop SW Olympia, WA 98512

Estimated Value: $809,361 - $879,000

3 Beds
2.5 Baths
2,877 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $820,000 $285 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,420/month

2 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Loft
  • Deck
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of May 2024

Welcome to this beautifully updated 3 bdr/2.5 bath home in The Field of Dreams. This beautiful home welcomes you w/ hardwood floors, a ton of natural light, formal living room & family room have vaulted ceilings & share a 2 sided fireplace, updated eat in kitchen w/ walnut cabinets & 5 burner Wolf Range, butler's pantry & second pantry, dining room, large primary bedroom w/ updated bathroom and walk-in closet, 2 addl bedrooms, full bath, laundry room, 1/2 bath, and a ton of storage. The upper level has a spacious loft. A/C, heat pump, generator, & central vac. The back yard has a composite deck overlooking the Field Of Dreams, Mt Rainier & walking trails. 3 car garage w/ shop area. Close to schools, shopping, entertainment, I5, and JBLM.

Last Listed By

Nicole Larson

Redfin License #76932 Listed on: 04/25/2024

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2219217

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,116

Year Built

  • Built in 2001

Lot Details

  • 0.56 Acre Lot
  • West Facing Home
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,877 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Loft

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heat Pump System
  • Generator Hookup
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 47570007300

Community Details

Overview

  • Tammie Mihelich Association
  • Secondary HOA Phone (253) 222-5808
  • Olympia Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,116

Year Built

Built in 2001

Lot Details

0

HOA Fees

$124 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 2001
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: OneAndOneHalf
  • New Construction: No
  • CalculatedSquareFootage: 2877
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 345

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Loft, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator, Fireplace, Water Heater
  • Living Area: 2877
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2877
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Brick, Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: SecuritySystem
  • Cooling: Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Field of Dreams
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs, Trail(s)
  • Senior Community: No
  • Association Fee: 124
  • Association Fee Frequency: Monthly
  • Phone: 253-222-5808
  • Association: Yes
  • AssociationContactName: Tammie Mihelich

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 47570007300
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.5564
  • Lot Size Sq Ft: 24238
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Realist - Buyer to verify
  • MLSSquareFootageSource: Realist - Buyer to verify

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7116

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 22, 2024
Sold by
Berg Scott A and Berg Cathy M
Bought by
Burt Susan and Burt James
Seller's Agent
Nicole Larson
Redfin
Buyer's Agent
Tim Lynch
Olympic Sotheby's Int'l Realty
List Price
$799,999
Sold Price
$820,000
Premium/Discount to List
$20,001
2.5%
Total Days on Market
2
Views
28
Current Estimated Value
$848,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,340
Avg. Annual Appreciation
0.95%
Original Mortgage
$615,000
Outstanding Balance
$609,924
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$217,409

Purchase Details

Listed on
Sep 4, 2015
Closed on
Oct 7, 2015
Sold by
Arrowsmith Norman M and Arrowsmith Shaela K
Bought by
Berg Scott A and Berg Cathy M
Seller's Agent
Susan Wise
RE/MAX Northwest
Buyer's Agent
Brady Fuller
Windermere RE/Himlie
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Deering & Nelson Inc
Bought by
Arrowsmith Norman M and Arrowsmith Shaela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Interest Rate
6.84%

Purchase Details

Closed on
Jan 14, 2002
Sold by
Deering Ronald E and Deering Sharon D
Bought by
Deering & Nelson Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Interest Rate
6.84%

Range of Values:

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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
Burt Susan $820,000 Title Forward
Berg Scott A $424,719 First American Title
Arrowsmith Norman M $337,257 Chicago Title Insurance Co
Deering & Nelson Inc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burt Susan $615,000
Previous Owner Arrowsmith Norman M $282,500
Previous Owner Arrowsmith Norman M $285,000
Previous Owner Arrowsmith Norman M $290,000
Previous Owner Arrowsmith Norman M $269,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $820,000 +2.5% $285 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $799,999 +88.2% $278 / Sq Ft
10/08/2015 10/08/15 Sold $425,000 0.0% $143 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $425,000 -- $143 / 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 $7,116 $729,100 $170,600 $558,500
2023 $7,116 $686,700 $189,900 $496,800
2022 $6,602 $665,400 $127,800 $537,600
2021 $6,623 $533,100 $84,300 $448,800
2020 $6,847 $481,800 $107,200 $374,600
2019 $6,148 $481,000 $133,100 $347,900
2018 $6,146 $445,300 $119,600 $325,700
2017 $5,700 $398,700 $99,400 $299,300
2016 $5,828 $397,250 $103,050 $294,200
2014 -- $407,950 $103,050 $304,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2219217

Northwest Multiple Listing Service (NWMLS)

APN: 47570007300