Listed by Yelm Windermere, Bought with Signature Service RE Olympia
NOT LISTED FOR SALE

510 Nieland Loop SE Rainier, WA 98576

Estimated Value: $440,000 - $491,000

3 Beds
3 Baths
1,604 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $260,000 $162 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,868/month

50 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Partially Fenced Property
  • Territorial View
  • Garden
  • Level Lot

About This Home

As of February 2020

3 bedroom, 2.5 bathroom 2 story home with a large yard. MBR has double sinks and separate toilet room. This property is in fair to average condition. There are some stains in the carpet but no real damage. The back deck has some rot that could be called out by an appraiser but would be inexpensive to repair. Buyer to verify all information to own satisfaction. Seller contributed $7,800 toward buyer's closing costs.

Last Agent to Sell the Property

John Graver

Yelm Windermere License #38868 Listed on: 09/11/2019

Yelm Windermere

Last Buyer's Agent

Bojana Foster

Signature Service RE Olympia License #11633

Signature Service RE Olympia

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1518384

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1996

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Propane
  • Septic System

Additional Features

  • Territorial Views
  • Dishwasher
  • Deck

Community Details

  • Rainier Community

Listing and Financial Details

  • Assessor Parcel Number 65060001100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,552

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1996
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1604
  • Square Footage Finished: 1604

Exterior Features

  • Exterior: Wood Products
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Rainier
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Rainier
  • Project: Nieland Estates

Schools

  • Elementary School: Rainier Primary Sch
  • Middle School: Rainier Mid
  • High School: Rainier Snr High
  • School District: RAI

Lot Info

  • Lot Number: 11
  • Lot Details: Paved Street
  • Lot Sq Ft: 16830
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 65060001100
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 2382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Feb 21, 2020
Sold by
Metropolitan Life Insurance Company
Bought by
Grant Diana L
Seller's Agent
John Graver
Yelm Windermere
Buyer's Agent
Bojana Foster
Signature Service RE Olympia
List Price
$265,200
Sold Price
$260,000
Premium/Discount to List
-$5,200
-1.96%
Current Estimated Value
$465,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,682
Avg. Annual Appreciation
11.12%
Original Mortgage
$255,290
Outstanding Balance
$229,495
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$231,834

Purchase Details

Closed on
Nov 5, 2019
Sold by
Smith Sandra L and Smith Mark W
Bought by
Metropolitan Life Insurance Company

Purchase Details

Closed on
Aug 23, 2019
Sold by
Smith Sandra L and Smith Mark W
Bought by
Metropolitan Life Insurance Company

Purchase Details

Closed on
Feb 2, 2005
Sold by
Duvall David L and Duvall Edna B
Bought by
Smith Mark W and Smith Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 1996
Sold by
Rainier General Development Inc
Bought by
Duvall David L and Duvall Edna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.75%
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
Grant Diana L $260,000 Servicelink
Metropolitan Life Insurance Company $240,750 None Available
Metropolitan Life Insurance Company $240,750 None Available
Smith Mark W $154,719 Chicago Title Co
Duvall David L $129,900 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Diana L $255,290
Previous Owner Smith Mark W $211,500
Previous Owner Smith Mark W $171,000
Previous Owner Duvall David L $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $260,000 +2.0% $162 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/19/2019 10/19/19 Price Changed $254,900 -3.9% $159 / Sq Ft
09/11/2019 09/11/19 For Sale $265,200 -- $165 / 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 $3,552 $397,500 $110,500 $287,000
2023 $3,552 $378,600 $102,200 $276,400
2022 $3,303 $381,400 $79,900 $301,500
2021 $2,729 $320,000 $68,000 $252,000
2020 $2,625 $260,000 $61,000 $199,000
2019 $2,382 $226,600 $50,500 $176,100
2018 $2,552 $201,900 $45,200 $156,700
2017 $2,388 $195,550 $40,650 $154,900
2016 $2,358 $182,900 $45,600 $137,300
2014 -- $177,900 $45,600 $132,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1518384

Northwest Multiple Listing Service (NWMLS)

APN: 65060001100