Listed by RE/MAX Advantage, Bought with SASH Realty
NOT LISTED FOR SALE

7011 Munn Lake Dr SE Olympia, WA 98501

Estimated Value: $619,000 - $727,000

4 Beds
3 Baths
2,470 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $740,000 $300 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,200/month

4 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • 2 Fireplaces
  • Peter G. Schmidt Elementary School Rated A-
  • Vaulted Ceiling
  • Walk-In Pantry

About This Home

As of April 2023

Rare Munn Lake Reserve! Enjoy mostly main-level living with separate upper spaces, a three-car garage and a custom covered patio that backs to filtered lake and woodland views. Retreat to outdoor living spaces or come home to 2470 s/f of gorgeous, flexible 4bdrm/3bath design with multiple use options. Relish wood-style laminate flooring, driftwood-tone cabinetry, timeless tile accents, white trim-work and more. Custom features include indoor and outdoor gas fireplaces, quality appliances, and designer touches. View-filled, private primary suite with soaking tub, step-in tiled shower and large walk-in closet. Upper living welcomes housemates. Deep 3rd bay garage for hobbies. Walk to boat launch/fishing. Easy to parks, YMCA, I-5, city fun.

Last Agent to Sell the Property

Susan C. Roewe

RE/MAX Advantage License #76023 Listed on: 03/01/2023

RE/MAX Advantage

Last Buyer's Agent

Rebecca Bomann

SASH Realty License #26899

SASH Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2039899

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,735

Year Built

  • Built in 2015

Lot Details

  • 7,038 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is in very good condition

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Limited

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 2,470 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Peter G Schmidt Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 44190015300

Community Details

Overview

  • Vis Management Group Association
  • Secondary HOA Phone (800) 537-9619
  • Tumwater Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,735

Year Built

Built in 2015

Lot Details

0

HOA Fees

$32 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 2015
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • New Construction: No
  • CalculatedSquareFootage: 2470
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 2470
  • Main Level Bedrooms: 3
  • Bathrooms: 3
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 2470
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Lake, Partial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterHeaterLocation: garage
  • WaterHeaterType: gas
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast

Condo/Co-op/Association

  • Community Features: CCRs, Trail(s)
  • Senior Community: No
  • Association Fee: 32
  • Association Fee Frequency: Monthly
  • Phone: 800-537-9619
  • Association: Yes
  • AssociationContactName: VIS Management Group

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 44190015300
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1616
  • Lot Size Sq Ft: 7038
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5735

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Peter G Schmidt Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 31, 2023
Sold by
Bakewell-Neal Family Trust
Bought by
Bonnycastle Lan Cho and Bonnycastle Jeffrey John
Seller's Agent
Susan C. Roewe
RE/MAX Advantage
Buyer's Agent
Rebecca Bomann
SASH Realty
List Price
$699,900
Sold Price
$740,000
Premium/Discount to List
$40,100
5.73%
Views
19
Current Estimated Value
$682,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,569
Avg. Annual Appreciation
-3.63%
Original Mortgage
$464,000
Outstanding Balance
$450,933
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$224,973

Purchase Details

Closed on
Sep 20, 2018
Sold by
Neal Ben E and Bakewell Helen A
Bought by
Neal Benjamin Egbert and Bakewell Helene Adele

Purchase Details

Listed on
Oct 10, 2014
Closed on
May 14, 2015
Sold by
Deschutes River Highlands Llc
Bought by
Neal Ben E and Bakewell Helene A
Seller's Agent
Brian Dermanoski
Blue Summit Realty LLC
Buyer's Agent
Susan C. Roewe
RE/MAX Advantage
List Price
$335,000
Sold Price
$354,000
Premium/Discount to List
$19,000
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Source: Public Records

Range of Values:

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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
Bonnycastle Lan Cho $740,000 First American Title
Neal Benjamin Egbert -- None Available
Neal Ben E $353,719 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonnycastle Lan Cho $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $740,000 +5.7% $300 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $699,900 +97.7% $283 / Sq Ft
05/15/2015 05/15/15 Sold $354,000 +5.7% $143 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $335,000 -- $136 / 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 $5,731 $592,900 $141,100 $451,800
2023 $5,731 $572,700 $130,300 $442,400
2022 $5,652 $587,900 $91,900 $496,000
2021 $5,050 $480,400 $77,400 $403,000
2020 $4,883 $393,700 $80,100 $313,600
2019 $4,307 $369,100 $77,200 $291,900
2018 $4,138 $320,600 $61,900 $258,700
2017 $3,851 $293,550 $58,050 $235,500
2016 -- $269,350 $58,350 $211,000
2014 -- $59,700 $59,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2039899

Northwest Multiple Listing Service (NWMLS)

APN: 44190015300