NOT LISTED FOR SALE

540 Ofarrell Ave SE Olympia, WA 98501

Wildwood Neighborhood

Estimated Value: $610,000 - $761,000

3 Beds
2 Baths
2,241 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $400,000 $178 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,159/month

Highlights

  • Attached Garage
  • Lincoln Elementary School Rated A-
  • Wood Siding

About This Home

As of September 2017

This home is located at 540 Ofarrell Ave SE, Olympia, WA 98501 since 29 September 2017 and is currently estimated at $660,114, approximately $294 per square foot. This property was built in 1935. 540 Ofarrell Ave SE is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington Middle School, and Olympia High School.

Last Buyer's Agent

Phil Harlan

Keller Williams South Sound License #2596

Keller Williams South Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1201996

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1935

Lot Details

  • 0.37

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 83700001702

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,521

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 2241
  • Square Footage Finished: 2241

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Olympia

Lot Info

  • Lot Sq Ft: 16028
  • Parcel Number: 83700001702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Sep 29, 2017
Sold by
Welsh Michael F and Welsh Sharon L
Bought by
Welsh Kelly L and Spickelmire Joseph P
Buyer's Agent
Phil Harlan
Keller Williams South Sound
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$675,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,639
Avg. Annual Appreciation
6.78%
Original Mortgage
$360,000
Interest Rate
3.89%
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
Welsh Kelly L $399,719 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsh Kelly L $347,700
Closed Welsh Kelly L $53,000
Closed Welsh Kelly L $360,000
Previous Owner Welsh Michael R $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $400,000 0.0% $178 / Sq Ft
09/29/2017 09/29/17 For Sale $400,000 -- $178 / 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 $5,521 $545,300 $181,500 $363,800
2023 $5,521 $527,900 $177,300 $350,600
2022 $5,452 $540,100 $150,400 $389,700
2021 $4,857 $456,300 $136,300 $320,000
2020 $4,893 $376,200 $137,700 $238,500
2019 $4,277 $369,700 $118,600 $251,100
2018 $4,984 $370,100 $97,000 $273,100
2017 $3,876 $310,200 $105,400 $204,800
2016 $3,625 $294,100 $91,000 $203,100
2014 -- $289,850 $95,050 $194,800
Source: Public Records

Agents Affiliated with this Home

  • Phil Harlan

    Buyer's Agent in 2017

    Phil Harlan

    Keller Williams South Sound

    (360) 701-5688

    208 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1201996

Northwest Multiple Listing Service (NWMLS)

APN: 83700001702

Washington Thurston County Olympia 98501 Wildwood

540 Ofarrell Ave SE, Olympia, WA

This home is located at 540 Ofarrell Ave SE, Olympia, WA 98501 since 29 September 2017 and is currently estimated at $660,114, approximately $294 per square foot. This property was built in 1935. 540 Ofarrell Ave SE is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington Middle School, and Olympia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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