NOT LISTED FOR SALE

7017 Merkel Way NE Olympia, WA 98516

Tanglewilde Neighborhood

Estimated Value: $410,000 - $509,000

3 Beds
1.5 Baths
1,536 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $400,000 $260 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,841/month

61 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Territorial View
  • Craftsman Architecture
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2022

Spacious and well-maintained home in Olympia! This single-story rambler features 3 bedrooms, 1.5 bathrooms, living room with skylight and wood fireplace, kitchen with plenty of pantry space, dining room, family room (or make it a 4th bedroom), utility room with full size washer & dryer, and plenty of storage space. Outside you'll find a detached garage, attached carport, RV parking, garden space, partially fenced yard on quarter acre lot with plenty of room for entertainment. Recent updates include new paint, flooring in bathroom/utility area, and coded garage entry. No HOA or CCR's. Located conveniently close to shopping, schools, parks, freeway, and JBLM.

Last Agent to Sell the Property

Jennifer Wallace

Link Real Estate License #129022 Listed on: 07/15/2022

Link Real Estate

Last Buyer's Agent

John Huber

WEICHERT, Realtors Reynolds RE License #107101

WEICHERT, Realtors Reynolds RE

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1961637

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in good condition

Home Design

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

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Attached Carport
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Water Heater
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61930004200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,731

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1967
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Merkel Addition
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1536
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,018

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Dining Room, Water Heater
  • Living Area: 1536
  • Main Level Bedrooms: 3
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1536
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Carport, Detached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Septic System, Natural Gas Connected
  • HeatingCoolingType: Forced Air,Stove/Free Standing
  • PowerCompany: PSE
  • WaterCompany: Thurston PUD
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 61930004200
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.267
  • Lot Size Sq Ft: 11630
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3731

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Oct 12, 2022
Sold by
Salazar Rudy
Bought by
Herrera Jennyfer C and Callahan Elmer
Seller's Agent
Jennifer Wallace
Link Real Estate
Buyer's Agent
John Huber
WEICHERT, Realtors Reynolds RE
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Total Days on Market
61
Current Estimated Value
$449,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,840
Avg. Annual Appreciation
5.26%
Original Mortgage
$392,755
Outstanding Balance
$381,077
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$76,920

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jan 2, 2018
Sold by
Striebeck Shane
Bought by
Salzar Rudy
Seller's Agent
Kai Rainey
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Jennifer Wallace
Link Real Estate
List Price
$200,000
Sold Price
$206,000
Premium/Discount to List
$6,000
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$199,820
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2001
Sold by
Mcdermott Louis A and Mcdermott Shelley E
Bought by
Striebeck Shane J and Streibeck Tanya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,136
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1994
Sold by
Shue Sharon C
Bought by
Mcdermott Louis and Ng Shelley
Source: Public Records

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Range of Values:

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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
Herrera Jennyfer C -- First American Title
Salzar Rudy -- None Available
Salazar Rudy $205,719 None Available
Striebeck Shane J $115,950 Thurston County Title Co
Mcdermott Louis -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Jennyfer C $392,755
Previous Owner Salazar Rudy $25,000
Previous Owner Salazar Rudy $199,820
Previous Owner Striebeck Shane J $40,000
Previous Owner Striebeck Shane J $114,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $400,000 0.0% $260 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $399,900 0.0% $260 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/03/2022 09/03/22 Price Changed $399,900 -3.6% $260 / Sq Ft
08/08/2022 08/08/22 Price Changed $415,000 -2.4% $270 / Sq Ft
07/29/2022 07/29/22 Price Changed $425,000 -2.3% $277 / Sq Ft
07/20/2022 07/20/22 Price Changed $435,000 -3.3% $283 / Sq Ft
07/15/2022 07/15/22 For Sale $450,000 +118.4% $293 / Sq Ft
01/05/2018 01/05/18 Sold $206,000 +3.0% $134 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $200,000 -- $130 / 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 $3,908 $408,400 $133,800 $274,600
2023 $3,908 $393,000 $124,500 $268,500
2022 $3,731 $378,900 $99,800 $279,100
2021 $3,680 $307,500 $104,200 $203,300
2020 $3,220 $283,000 $100,200 $182,800
2019 $2,680 $253,700 $71,600 $182,100
2018 $2,906 $203,900 $58,000 $145,900
2017 $2,476 $179,700 $53,000 $126,700
2016 $2,323 $174,000 $54,600 $119,400
2014 -- $165,500 $54,600 $110,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jennifer Wallace

    Century 21 Link Real Estate

    (360) 359-6639

    1 in this area

    46 Total Sales

    Jennifer Wallace
    Section Image
  • John Huber

    Buyer's Agent in 2022

    John Huber

    WEICHERT, Realtors Reynolds RE

    (360) 701-0101

    1 in this area

    22 Total Sales

    John Huber
    Section Image
  • Kai Rainey

    Seller's Agent in 2018

    Kai Rainey

    RE/MAX

    (206) 681-9670

    60 Total Sales

    Kai Rainey
    Section Image

  • H

    Seller Co-Listing Agent in 2018

    Hugh Rainey

    RE/MAX Eastside Brokers, Inc.

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1961637

Northwest Multiple Listing Service (NWMLS)

APN: 61930004200

Washington Thurston County Olympia 98516 Tanglewilde

7017 Merkel Way NE, Olympia, WA

This home is located at 7017 Merkel Way NE, Olympia, WA 98516 since 15 July 2022 and is currently estimated at $449,840, approximately $292 per square foot. This property was built in 1967. 7017 Merkel Way NE is a home located in Thurston County with nearby schools including Olympic View Elementary School, Nisqually Middle School, and River Ridge 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) 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. ©2025 NWMLS.

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