NOT LISTED FOR SALE

5106 81st Ave SE Olympia, WA 98501

Estimated Value: $716,696 - $776,000

4 Beds
3 Baths
2,419 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $485,000 $200 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,446/month

Highlights

  • RV Access or Parking
  • Northwest Architecture
  • 1 Fireplace
  • Timberline High School Rated A-
  • Territorial View
  • Attached Garage

About This Home

As of March 2020

Stunning remodeled 2 story charmer located in Countrywood Estates features a grand entry with high vaulted ceilings, high quality laminate floors, and a great open concept design. Sophisticated finishes inside and out.New flooring,new quartz countertops.This home offers a spacious kitchen with plenty of storage, breakfast nook, and cozy gas fireplace in the family room, formal dining room, a beautiful master suite with 5 piece master bath and walk in closet, and a fully fenced back yard.

Last Agent to Sell the Property

Aleksandr Frankov

eXp Realty License #84226 Listed on: 02/23/2020

eXp Realty

Last Buyer's Agent

Aleksandr Frankov

eXp Realty License #84226 Listed on: 02/23/2020

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1568690

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,703

Year Built

  • Built in 2004

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 42930008300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,703

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2419
  • Square Footage Finished: 2419

Exterior Features

  • Exterior: Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Private Septic
  • Water Company: Thurston Pud
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • School District: NTN

Lot Info

  • Lot Sq Ft: 16988
  • Lot Topography Vegetation: Level
  • Parcel Number: 42930008300
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 4454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
Mar 10, 2020
Sold by
Frankov Aleksandr V and Frankov Tatiana
Bought by
Heye Christine S and Heye Miichael T
Seller's Agent
Aleksandr Frankov
eXp Realty
Buyer's Agent
Aleksandr Frankov
eXp Realty
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%
Current Estimated Value
$751,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,174
Avg. Annual Appreciation
8.16%
Original Mortgage
$388,000
Outstanding Balance
$342,974
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$408,200

Purchase Details

Closed on
Jan 15, 2020
Sold by
Justis Oriel A and Justis Travis D
Bought by
Aleksandr Y Frankov & Eastside Funding L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$342,974
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$408,200

Purchase Details

Closed on
Jan 3, 2020
Sold by
Eastside Funding Llc
Bought by
Frankov Aleksandr V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,247
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2005
Sold by
Justis Oriel A
Bought by
Justis Travis D and Justis Oriel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2004
Sold by
Justis Travis
Bought by
Justis Oriel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2004
Sold by
Sherwood Jason R and Sherwood Andrea D
Bought by
Justis Oriel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Tronie Construction Llc
Bought by
Sherwood Jason R and Sherwood Andrea D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 20, 2003
Sold by
Countrywood Estates Llc
Bought by
Tronie Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.46%
Mortgage Type
Construction
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
Heye Christine S $485,000 First American Title Ins Co
Aleksandr Y Frankov & Eastside Funding L $400,500 None Available
Frankov Aleksandr V -- None Available
Justis Travis D -- Chicago Title Co
Justis Oriel A -- Transnation Title
Justis Oriel A $317,500 Transnation Title
Sherwood Jason R $247,414 Chicago Title Co
Tronie Construction Llc $66,500 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heye Christine S $388,000
Previous Owner Frankov Aleksandr V $371,247
Previous Owner Justis Travis D $326,000
Previous Owner Justis Oriel A $254,000
Previous Owner Sherwood Jason R $197,500
Previous Owner Tronie Construction Llc $192,000
Closed Sherwood Jason R $37,500
Closed Justis Oriel A $63,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2020 03/23/20 Sold $485,000 -11.8% $200 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $550,000 -- $227 / 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 $5,703 $641,400 $165,900 $475,500
2023 $5,703 $590,200 $147,600 $442,600
2022 $5,433 $604,200 $113,000 $491,200
2021 $5,395 $456,400 $99,900 $356,500
2020 $4,884 $420,600 $101,400 $319,200
2019 $4,454 $394,800 $72,400 $322,400
2018 $4,926 $352,600 $61,100 $291,500
2017 $4,565 $339,100 $60,100 $279,000
2016 $4,086 $318,850 $63,150 $255,700
2014 -- $304,050 $63,150 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1568690

Northwest Multiple Listing Service (NWMLS)

APN: 42930008300