Listed by Redfin Corp., Bought with BHGRE - Northwest Home Team
NOT LISTED FOR SALE

700 Sherman St NW Unit B Olympia, WA 98502

West Bay Drive Neighborhood

Estimated Value: $512,000 - $611,000

3 Beds
2 Baths
1,664 Sq Ft
5,663 Sq Ft Lot

Last Sold October 30, 2019

Last sale price $362,000 $218 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,478/month

34 Days on Market

Highlights

  • Views of a Sound
  • Craftsman Architecture
  • 1 Fireplace
  • Jefferson Middle School Rated A
  • Wood Flooring
  • 2-minute walk to West Bay Park

About This Home

As of October 2019

Very convenient West Olympia location with fantastic views of Budd Inlet, Mt. Rainier, and downtown Olympia. This 3 level Condo offers great views and easy access to the recently enhanced decks from the living room and the great master suite. This home has been nicely maintained and tastefully updated including Oak hardwood flooring, slab granite counters, stainless steel appliances, and a nice kitchen with pantry. Gas forced air heat, attached 2 car garage, a small yard, and close to town.

Last Agent to Sell the Property

Paul Wolfe

Redfin Corp. Listed on: 08/09/2019

Last Buyer's Agent

Palmer Higa

BHGRE - Northwest Home Team License #82059

BHGRE - Northwest Home Team

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1503534

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1988

Lot Details

  • Street terminates at a dead end

Parking

  • Garage

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 82910300200

Community Details

Overview

  • 21 Units
  • Westside Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,517

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Architecture: Craftsman
  • Entrance Level: Main
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1664
  • Window Coverings: Mini Blinds

Exterior Features

  • Exterior: Cement/Concrete, Wood, Wood Products
  • Roof: Composition
  • View: Bay, City, Mountain, Sound

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: utility room-gas

Condo/Co-op/Association

  • Numberof Units in Building: 21
  • Numberof Units In Complex: 15
  • HOA Fees: 380
  • Community Name: Westside
  • Project: Westmark Terrace
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Nancy Allen (360) 561-2370
  • Association Contact: Nancy (360) 561-2370
  • Common Property Features: Cable Tv, High Speed Int Avail
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: Garfield Elem
  • Middle School: Jefferson Mid
  • High School: Capital High
  • School District: OLY

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 5619
  • Parcel Number: 82910300200

Tax Info

  • Tax Amount: 4164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Oct 15, 2019
Sold by
Vandenbos Gary and Vandenbos Erika
Bought by
Hanan Karen J and Hanan Stephen P
Seller's Agent
Paul Wolfe
Redfin Corp.
Buyer's Agent
Palmer Higa
BHGRE - Northwest Home Team
List Price
$389,900
Sold Price
$362,000
Premium/Discount to List
-$27,900
-7.16%
Current Estimated Value
$584,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,472
Avg. Annual Appreciation
8.79%
Original Mortgage
$289,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2015
Closed on
Jan 27, 2016
Sold by
Clark Patricia A
Bought by
Vandenbos Gary
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Ayanna Mostofi
TEC Real Estate Inc.
List Price
$365,000
Sold Price
$325,000
Premium/Discount to List
-$40,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$210,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2013
Sold by
Clark Patricia A
Bought by
Clark Patricia A

Purchase Details

Closed on
Apr 14, 2008
Sold by
Coulter Maureen L
Bought by
Clark Bruce H and Clark Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2005
Sold by
Brewster Jack E and Brewster Keley A
Bought by
Coulter Maureen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2002
Sold by
Mcaninch Alice Atwood
Bought by
Brewster Jack E and Brewster Keley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,798
Interest Rate
6.94%
Mortgage Type
VA
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
Hanan Karen J $362,000 Thurston County Title Co
Vandenbos Gary $324,719 Chicago Title Company
Clark Patricia A -- None Available
Clark Bruce H $310,000 Thurston County Title
Coulter Maureen L $280,000 Stewart Title Of Western
Brewster Jack E $194,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanan Karen J $283,700
Closed Hanan Karen J $289,600
Previous Owner Vandenbos Gary $250,000
Previous Owner Vandenbos Gary $210,000
Previous Owner Clark Bruce H $200,000
Previous Owner Coulter Maureen $50,000
Previous Owner Coulter Maureen L $224,000
Previous Owner Brewster Keley A $195,700
Previous Owner Brewster Keley A $74,300
Previous Owner Brewster Jack E $198,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $362,000 -2.1% $218 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $369,900 -5.1% $222 / Sq Ft
08/09/2019 08/09/19 For Sale $389,900 +20.0% $234 / Sq Ft
02/09/2016 02/09/16 Sold $325,000 -7.1% $195 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
10/26/2015 10/26/15 Price Changed $350,000 -4.1% $210 / Sq Ft
08/31/2015 08/31/15 For Sale $365,000 +12.3% $219 / Sq Ft
08/31/2015 08/31/15 Off Market $325,000 -- --
06/15/2015 06/15/15 Price Changed $365,000 -2.7% $219 / Sq Ft
05/14/2015 05/14/15 For Sale $375,000 -- $225 / 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 $4,517 $458,900 $131,700 $327,200
2023 $4,517 $431,700 $95,500 $336,200
2022 $4,800 $426,500 $86,000 $340,500
2021 $4,377 $401,700 $80,900 $320,800
2020 $4,938 $338,900 $78,000 $260,900
2019 $4,164 $373,100 $106,700 $266,400
2018 $4,474 $332,200 $100,500 $231,700
2017 $3,874 $310,050 $87,150 $222,900
2016 $3,570 $269,000 $69,600 $199,400
2014 -- $285,500 $69,600 $215,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1503534

Northwest Multiple Listing Service (NWMLS)

APN: 82910300200