NOT LISTED FOR SALE

487 Olympic Ridge Rd Sequim, WA 98382

Estimated Value: $1,036,000

3 Beds
2.5 Baths
3,248 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $1,295,000 $399 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $6,130/month

103 Days on Market

Highlights

  • Water Views
  • 19.91 Acre Lot
  • Contemporary Architecture
  • Barn
  • Deck
  • Vaulted Ceiling

About This Home

As of August 2024

You’re on top of the world in this beautiful, private retreat on nearly 20ac. Floor to ceiling windows will leave you in awe from the moment you enter. Each room was designed to showcase the stunning water views or surrounding forest. Your peaceful haven awaits in the oversized primary suite w/spacious walk-in closet, large shower, & abundant storage. Step onto the deck & immerse yourself in nature, whether savoring the sunrise or basking under the starlit sky. Tranquil studio has endless possibilities

Last Agent to Sell the Property

Joanne Soderlind

IDEAL Real Estate License #140120 Listed on: 04/05/2024

Last Buyer's Agent

Mark Macedo

IDEAL Real Estate License #81364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,646

Year Built

  • Built in 2005

Lot Details

  • 19.91 Acre Lot
  • Street terminates at a dead end
  • Wood Fence
  • Back Yard Fenced
  • Wire Fence
  • Drip System Landscaping
  • Irregular Lot
  • Sloped Lot
  • Sprinkler System
  • Property is zoned R20

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Metal Roof

Interior Spaces

  • 3,248 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Great Room
  • Den
  • Workshop
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage on Main Level
  • Workbench in Garage
  • Off-Street Parking

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Outbuilding

Farming

  • Barn
  • Timber

Utilities

  • Wood Insert Heater
  • Heat Pump System
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Propane
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 042909110090

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,646

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Addendum: Seller has no Forest Management Plan in place- They were grandfathered in when they built their home so no plan was needed at that time. Discover tranquility & elegance in every detail of this remarkable property. Mountain side location backing DNR land provides privacy & lush wooded surroundings. Partially fenced yard for your animals to roam. Granite countertops and backsplash behind sink with the outline of the Olympic mountains. Cherry wood cabinetry throughout. 2 gas fireplaces. 942sqft attached garage has loft for storage space, climate controlled wine cabinet that holds 216 bottles and a dog washing station. 492sqft detached garage has two garage doors w/ a workbench. 375sqft detached garage offers ample storage for all hobbies, tools, and equipment. Tons of storage throughout. Laundry room plumbed of sink but not installed. Office can quickly turn into a guest room with murphy bed. Nestled amongst the trees sits this adorable studio to use as a hobby room, meditation den, or use as a reading nook where nature surrounds you. Electric heat and woodstove in the studio keep you warm. Community is private with gate. This location offers unparalleled access to parks, trails & beaches for great outdoor recreation opportunities.
  • Additional Features: Barn/Shop
  • Adjacent To: Dept. Nat. Res. Land
  • Bathroom Equipment: Double Sink, Separate Toilet
  • Ceilings: Vaulted
  • Class: Residential
  • Easements: Access
  • Foundation: Concrete
  • Heat: Fireplace, Heat Pump, Insert, Propane, Wall, Wood
  • Level Entry Main: Full, Finished, Garage, Primary Bedroom, Mba, Walk-In, Closet, Br2, Br3, Full Bath, Half Bath, Kitchen, Laundry Room, Pantry, Exterior Entry, Den-Office, Great Room
  • Lot Dimensions: irregular
  • Number Of Bedrooms: 3
  • Patio Deck: Deck
  • Restrictions: Cc&r
  • Road Access: Dead End, Private
  • Sewage: Private, Septic
  • Finished Sq Ft: 3248
  • Storage: Indoor
  • Structure Type: 1 Story
  • Style: Contemporary
  • Tax Exemption: Open Space
  • Assessor Parcel Number: 042909110090
  • Type: Site Built/Single Res.
  • View: Salt Water
  • View 2: Unobstructed Salt Water
  • Year Built: 2005
  • Zoning Code: R20
  • Zoning Description: Residential
  • In W R I A18 East: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Double Oven, Disposal, Dishwasher, Downdraft, Dryer, Electric, Instant Hot Water, Microwave, Refrigerator, Washer
  • Dining Area: Eat-In, Family-Kitchen, Island
  • Floors: Hardwood, Tile, Ww Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-In Vacuum, Skylight, Smoke Detector, Sound System, Sprinkler System

Exterior Features

  • Exterior Features: Outbuilding, Workshop
  • Fenced: Back Yard, Partial, Wood, Wire
  • Number Of Acres: 19.91
  • Roof: Metal

Garage/Parking

  • Garage: 2 Car, Attached, Detached, Workbench, Storage
  • Garage Sq Ft: 1809
  • Parking: On Site, Off Street

Utilities

  • Sprinkler: Drip, Underground
  • Water: Private, Well

Condo/Co-op/Association

  • Fee: Rd Maintenance Agmt $1000/yr

Schools

  • School District: 323-SqHS
  • Schools: Sequim Hs
  • School District: 323-SqHS

Lot Info

  • Lot Description: Irregular
  • Topography: Medium Slope, Northern Exposure

Tax Info

  • Year: 2024
  • Taxes Dollar: 7646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Aug 27, 2024
Sold by
Murphy Susan J
Bought by
Zilberts Egils Edijs and Brimacombe Judith Ann
Seller's Agent
Joanne Soderlind
IDEAL Real Estate
Buyer's Agent
Mark Macedo
IDEAL Real Estate
List Price
$1,499,950
Sold Price
$1,295,000
Premium/Discount to List
-$204,950
-13.66%
Views
540
Current Estimated Value
$1,036,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$259,000
Original Mortgage
$1,036,000
Outstanding Balance
$1,025,946
Interest Rate
6.77%
Mortgage Type
New Conventional
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
Zilberts Egils Edijs $1,295,000 Horizon Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zilberts Egils Edijs $1,036,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $1,295,000 0.0% $399 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $1,295,000 -7.5% $399 / Sq Ft
05/26/2024 05/26/24 Price Changed $1,399,950 -6.7% $431 / Sq Ft
04/05/2024 04/05/24 For Sale $1,499,950 -- $462 / Sq Ft
Source: Olympic Listing Service

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
2025 $7,646 $1,268,935 $326,356 $942,579
2023 $7,646 $1,310,492 $326,356 $984,136
2022 $6,600 $1,279,546 $295,410 $984,136
2021 $5,432 $975,298 $295,410 $679,888
2020 $6,071 $584,532 $39,690 $544,842
2018 $5,628 $561,248 $39,690 $521,558
2017 $4,680 $491,791 $37,800 $453,991
2016 $3,778 $494,930 $37,800 $457,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Olympic Listing Service

MLS Number: 380394

Olympic Listing Service

APN: 32578