Listed by Olympic Sotheby's Int'l Realty, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

7040 Monaco Dr SE Olympia, WA 98501

Estimated Value: $433,000 - $472,998

3 Beds
2 Baths
1,304 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $215,000 $165 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,813/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • 1 Fireplace
  • Peter G. Schmidt Elementary School Rated A-
  • Deck
  • Cul-De-Sac

About This Home

As of August 2016

Great opportunity for a buyer looking for a little sweat equity. Very livable, just needs some updating. Good Tumwater location on a large 1/3± acre lot on a quiet cul–de-sac. 3 BR, 2 full bath home w/vaults, vinyl windows, skylights , heat pump plus vaulted living area and family room. Good proximity to shopping, schools and freeways.

Last Agent to Sell the Property

Eric Hjelm

Olympic Sotheby's Int'l Realty License #32343 Listed on: 07/21/2016

Olympic Sotheby's Int'l Realty

Co-Listed By

Justin Hjelm

Olympic Sotheby's Int'l Realty License #102063

Last Buyer's Agent

Laura Lundin

Abbey Realty Inc License #24684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM980581

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 1985

Lot Details

  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Tumwater Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 62650001400

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,799

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Skylights, Vaulted Ceilings
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1304
  • Square Footage Finished: 1304

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Stove/Free Standing
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Tumwater
  • Water Heater: Garage
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Tumwater
  • Project: Monaco Park
  • Community Features: Ccrs

Schools

  • Elementary School: Peter G Schmidt Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 15796
  • Lot Topography Vegetation: Fruit Trees, Level
  • Parcel Number: 62650001400
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Level

Tax Info

  • Tax Amount: 783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Aug 25, 2016
Sold by
Marsh Rose Marie
Bought by
Pope Nicole M and Pope William J
Seller's Agent
Eric Hjelm
Olympic Sotheby's Int'l Realty
Buyer's Agent
Laura Lundin
Abbey Realty Inc
List Price
$199,000
Sold Price
$215,000
Premium/Discount to List
$16,000
8.04%
Current Estimated Value
$455,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,849
Avg. Annual Appreciation
8.60%
Original Mortgage
$8,342
Interest Rate
3.43%
Mortgage Type
Unknown
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
Pope Nicole M $214,719 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pope Nicole M $208,600
Closed Pope Nicole M $8,342
Closed Pope Nicole M $208,550
Previous Owner Marsh Rose Marie $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $215,000 +8.0% $165 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $199,000 -- $153 / 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 $3,799 $367,700 $161,800 $205,900
2023 $3,799 $379,300 $164,900 $214,400
2022 $3,404 $341,500 $117,400 $224,100
2021 $3,182 $289,000 $106,100 $182,900
2020 $3,166 $247,800 $104,000 $143,800
2019 $2,850 $239,000 $105,000 $134,000
2018 $2,530 $195,900 $82,400 $113,500
2017 $2,410 $183,450 $74,250 $109,200
2016 $783 $177,900 $77,800 $100,100
2014 -- $179,600 $79,600 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Eric Hjelm

    Seller's Agent in 2016

    Eric Hjelm

    Olympic Sotheby's Int'l Realty

    (360) 791-2818

    56 Total Sales

    Section Image
  • Justin Hjelm

    Seller Co-Listing Agent in 2016

    Justin Hjelm

    Olympic Sotheby's Int'l Realty

    (360) 239-6510

    156 Total Sales

    Section Image
  • Laura Lundin

    Buyer's Agent in 2016

    Laura Lundin

    Abbey Realty Inc

    (360) 790-7015

    124 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM980581

Northwest Multiple Listing Service (NWMLS)

APN: 62650001400

Washington Thurston County Olympia 98501

7040 Monaco Dr SE, Olympia, WA

This home is located at 7040 Monaco Dr SE, Olympia, WA 98501 since 21 July 2016 and is currently estimated at $451,250, approximately $346 per square foot. This property was built in 1985. 7040 Monaco Dr SE is a home located in Thurston County with nearby schools including Peter G. Schmidt Elementary School, George Washington Bush Middle School, and Tumwater 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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