Listed by Oasis Properties, Bought with Oasis Properties
NOT LISTED FOR SALE

7041 Munson Rd SW Olympia, WA 98512

Estimated Value: $837,000 - $959,526

3 Beds
2 Baths
1,858 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $865,000 $466 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,494/month

38 Days on Market

Highlights

  • Boathouse
  • Rooftop Deck
  • Mountain View
  • Thurgood Marshall Middle School Rated A-
  • RV Access or Parking
  • No HOA

About This Home

As of October 2023

Experience your own private retreat on the hills of Mud Bay. This spacious and cozy 1,858 sq ft gem sits on 10 acres of secluded forestry with excellent utilizable additions and space on property site. 3 bedrooms and 1.75 baths, 4080 sqft additional 4 outbuilds, garage/shop/pole linked to a long private drive with ample space for any-size projects and RVs. This one is ready for anything! Prepare to ditch that Discover Pass, because this is like living in your very own private state park!

Last Agent to Sell the Property

Kevin Wong

Oasis Properties License #48757 Listed on: 08/27/2023

Last Buyer's Agent

Sally Cen

Oasis Properties License #27900

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2155659

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,990

Year Built

  • Built in 1991

Lot Details

  • 9.88 Acre Lot
  • Dog Run
  • Property is Fully Fenced
  • Property is in good condition

Parking

  • 10 Car Garage
  • Attached Carport
  • Driveway
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Concrete Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,858 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Rooftop Deck
  • Patio

Schools

  • Mclane Elementary School
  • Marshall Middle School
  • Capital High School

Utilities

  • Baseboard Heating
  • Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Delphi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13826220201

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,990

Year Built

Built in 1991

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1991
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1858
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet, Fireplace
  • Living Area: 1858
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1858
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Concrete Ribbon
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 10
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Carport, Driveway, Attached Garage, Detached Garage
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • CableConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Marshall Middle

Lot Info

  • Parcel Number: 13826220201
  • Land Lease: No
  • Lot Size Acres: 9.8772
  • Lot Size Sq Ft: 430251
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Dog Run,Fenced-Fully,Patio,Propane,Rooftop Deck,RV Parking,Shop
  • MLSLotSizeSource: Public record
  • MLSSquareFootageSource: Public record

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8990

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Oct 18, 2023
Sold by
Yuan Zhong Qiu
Bought by
Ochs Rebecca and Ochs Mark
Seller's Agent
Kevin Wong
Oasis Properties
Buyer's Agent
Sally Cen
Oasis Properties
List Price
$968,000
Sold Price
$865,000
Premium/Discount to List
-$103,000
-10.64%
Views
47
Current Estimated Value
$886,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,382
Avg. Annual Appreciation
1.25%
Original Mortgage
$600,000
Outstanding Balance
$551,760
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$334,622

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 9, 2021
Sold by
Twitty Marshall Ray and Twitty Erin
Bought by
Yuan Zhong Qiu
Seller's Agent
Ryan Garrison
Real Broker LLC
Buyer's Agent
Kevin Wong
Oasis Properties
List Price
$825,000
Sold Price
$799,000
Premium/Discount to List
-$26,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$559,300
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 8, 2021
Sold by
Yuan Wen Biao
Bought by
Yuan Zhong Qiu
Seller's Agent
Ryan Garrison
Real Broker LLC
Buyer's Agent
Kevin Wong
Oasis Properties
List Price
$825,000
Sold Price
$799,000
Premium/Discount to List
-$26,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,300
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2014
Sold by
Walsh George and Sare Korleen
Bought by
Twitty Ray and Twitty Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2013
Sold by
Walsh George R and Sare Korleen A
Bought by
Walsh George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,500
Interest Rate
4.46%
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
Ochs Rebecca $865,000 Chicago Title
Yuan Zhong Qiu $799,000 Fatco
Yuan Zhong Qiu -- Fatco
Twitty Ray $474,719 Chicago Title Company
Walsh George R -- Lsi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochs Rebecca $600,000
Previous Owner Yuan Zhong Qiu $559,300
Previous Owner Twitty Ray $425,000
Previous Owner Walsh George R $225,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2023 10/25/23 Sold $865,000 -10.6% $466 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $968,000 +21.2% $521 / Sq Ft
04/27/2021 04/27/21 Sold $799,000 0.0% $430 / Sq Ft View Prior Sale
03/10/2021 03/10/21 Pending -- -- --
03/05/2021 03/05/21 Price Changed $799,000 -3.2% $430 / Sq Ft
02/25/2021 02/25/21 Price Changed $825,000 0.0% $444 / Sq Ft
02/25/2021 02/25/21 For Sale $825,000 +3.3% $444 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $799,000 0.0% $430 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $799,000 -- $430 / 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 $9,306 $897,700 $298,900 $598,800
2023 $9,306 $838,200 $256,800 $581,400
2022 $8,736 $824,000 $222,500 $601,500
2021 $8,161 $700,900 $184,900 $516,000
2020 $7,778 $594,900 $161,500 $433,400
2019 $7,351 $554,300 $152,300 $402,000
2018 $7,190 $524,500 $138,400 $386,100
2017 $6,455 $486,250 $110,450 $375,800
2016 $5,107 $414,700 $110,700 $304,000
2014 -- $377,250 $95,750 $281,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2155659

Northwest Multiple Listing Service (NWMLS)

APN: 13826220201