NOT LISTED FOR SALE

4849 89th Ave SE Olympia, WA 98501

Estimated Value: $1,051,000 - $1,143,992

3 Beds
3.5 Baths
3,508 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $1,100,000 $314 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,867/month

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Fruit Trees
  • East Olympia Elementary School Rated A-
  • Craftsman Architecture
  • Fireplace in Primary Bedroom

About This Home

As of May 2023

This home is located at 4849 89th Ave SE, Olympia, WA 98501 since 26 May 2023 and is currently estimated at $1,109,998, approximately $316 per square foot. This property was built in 1994. 4849 89th Ave SE is a home located in Thurston County with nearby schools including East Olympia Elementary School, George Washington Bush Middle School, and Tumwater High School.

Last Buyer's Agent

Garrett Lafferty

John L. Scott Lacey License #26891

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2074300

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,859

Year Built

  • Built in 1994

Lot Details

  • 4.91 Acre Lot
  • North Facing Home
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,508 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 8 Parking Spaces
  • Attached Carport
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Sport Court
  • Patio
  • Outbuilding

Schools

  • East Olympia Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Shared Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Built by Markoff
  • East Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40003200001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,859

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1994
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • New Construction: No
  • CalculatedSquareFootage: 3508
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Slate, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 3508
  • Main Level Bedrooms: 2
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3508
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: Markoff
  • Direction Faces: North
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 8
  • Open Parking: No
  • Parking Features: RV Parking, Attached Carport, Driveway, None
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: N/A - Septic
  • WaterCompany: N/A - Well
  • WaterHeaterLocation: Upper Closet
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 40003200001
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 4.91
  • Lot Size Sq Ft: 213880
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Cable TV,Fenced-Partially,High Speed Internet,Irrigation,Outbuildings,Patio,Propane,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Appraiser

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9859

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: East Olympia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
May 26, 2023
Sold by
Lafferty Kathleen M and Lafferty Garrett S
Bought by
Lafferty Garrett S
Buyer's Agent
Garrett Lafferty
John L. Scott Lacey
List Price
$1,100,000
Sold Price
$1,100,000
Views
1
Current Estimated Value
$1,109,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,998
Avg. Annual Appreciation
1.42%
Original Mortgage
$261,000
Outstanding Balance
$255,431
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
Estimated Equity
$880,527

Purchase Details

Listed on
May 26, 2023
Closed on
May 19, 2023
Sold by
Iverson Jason Douglas and Iverson Angela J
Bought by
Lafferty Garrett S
Buyer's Agent
Garrett Lafferty
John L. Scott Lacey
List Price
$1,100,000
Sold Price
$1,100,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$255,431
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
Estimated Equity
$880,527

Purchase Details

Closed on
Oct 30, 2020
Sold by
Iverson Jason D
Bought by
Iverson Jason Douglas and Iverson Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2017
Closed on
Jul 17, 2017
Sold by
Markoff Jeffrey K and Markoff Alicia M
Bought by
Iverson Jason D
Seller's Agent
Tim Lynch
Olympic Sotheby's Int'l Realty
Buyer's Agent
Chris Bonagofski
Windermere Centralia
List Price
$725,000
Sold Price
$685,000
Premium/Discount to List
-$40,000
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$513,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2002
Sold by
Jones Larry Eugene and Jones Larry E
Bought by
Markoff Jeffrey K and Markoff Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.78%
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
Lafferty Garrett S -- Aegis Land Title
Lafferty Garrett S $1,100,000 Aegis Land Title
Iverson Jason Douglas -- Chicago Title Company Of Wa
Iverson Jason D $684,719 Thurston County Title
Iverson Jason D -- Thurston County Title Co
Markoff Jeffrey K $319,000 Stewart Title Of Western
Jones Larry Eugene -- Stewart Title Of Western
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafferty Garrett S $261,000
Open Lafferty Garrett S $726,000
Previous Owner Iverson Jason Douglas $499,000
Previous Owner Iverson Jason D $513,750
Previous Owner Markoff Alicia M $319,000
Previous Owner Markoff Jeffrey K $345,000
Previous Owner Markoff Jeffrey K $295,000
Previous Owner Markoff Jeffrey K $359,650
Previous Owner Markoff Jeffrey K $135,300
Previous Owner Markoff Alicia M $115,000
Previous Owner Markoff Jeffrey K $322,000
Previous Owner Markoff Jeffrey K $255,200
Closed Markoff Jeffrey K $31,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $1,100,000 0.0% $314 / Sq Ft
05/26/2023 05/26/23 For Sale $1,100,000 +60.6% $314 / Sq Ft
07/24/2017 07/24/17 Sold $685,000 -1.4% $228 / Sq Ft
06/03/2017 06/03/17 Pending -- -- --
05/16/2017 05/16/17 Price Changed $695,000 -4.1% $232 / Sq Ft
05/01/2017 05/01/17 For Sale $725,000 -- $242 / 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 $10,393 $1,065,600 $258,800 $806,800
2023 $10,393 $1,022,600 $292,300 $730,300
2022 $9,973 $1,003,700 $187,600 $816,100
2021 $8,471 $850,600 $182,500 $668,100
2020 $8,638 $659,100 $160,700 $498,400
2019 $7,927 $660,400 $174,200 $486,200
2018 $7,846 $591,000 $139,100 $451,900
2017 $7,488 $548,800 $129,900 $418,900
2016 $6,535 $509,400 $134,500 $374,900
2014 -- $477,350 $116,950 $360,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2074300

Northwest Multiple Listing Service (NWMLS)

APN: 40003200001