Listed by RE/MAX Northwest, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $434,000 - $472,000

3 Beds
2.5 Baths
1,815 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $437,500 $241 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,879/month

13 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • Loft
  • Wooded Lot
  • Vaulted Ceiling
  • Walk-In Pantry

About This Home

As of September 2023

This home is located at 7111 Monroe Ln NE, Olympia, WA 98516 since 29 July 2023 and is currently estimated at $451,211, approximately $248 per square foot. This property was built in 2016. 7111 Monroe Ln NE is a home located in Thurston County with nearby schools including South Bay Elementary School, Chinook Middle School, and North Thurston High School.

Last Agent to Sell the Property

Kris Hare

RE/MAX Northwest License #17384 Listed on: 07/29/2023

RE/MAX Northwest

Last Buyer's Agent

Teresa Hua

Kelly Right RE of Seattle LLC License #21030613

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2145082

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 2016

Lot Details

  • 2,581 Sq Ft Lot
  • Open Space
  • South Facing Home
  • Sprinkler System
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,815 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Dining Room
  • Loft
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Jaylee Raili May HOA (The Management Trust) Association
  • Secondary HOA Phone (425) 897-3400
  • Jaylee Condos
  • Hawks Prairie Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Park
  • Trails

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,784

Year Built

Built in 2016

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2016
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Jaylee
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1815
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2145082?w=Consumer&agent=61085
  • Special Features: None
  • Cumulative Days on Market: 714

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 1815
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 1815
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Property Condition: Very Good
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: 90%+ High Efficiency, Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Comcast / Xfinity
  • InternetConnected: Comcast / Xfinity

Condo/Co-op/Association

  • Community Features: CCRs, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 57
  • Association Fee Frequency: Monthly
  • Phone: 425-897-3400
  • Association: Yes
  • AssociationContactName: Jaylee-Raili May HOA (The Management Trust)

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 56290001900
  • Land Lease: No
  • Lot Size Acres: 0.0593
  • Lot Size: End unit townhome
  • Lot Size Sq Ft: 2581
  • Zoning Description: SFR MD
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: CoreLogic
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City
  • LotNumber: 19

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3784

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Sep 5, 2023
Sold by
Casebolt-Baez Juanita
Bought by
Zhang Zhenming
Seller's Agent
Kris Hare
RE/MAX Northwest
Buyer's Agent
Teresa Hua
Kelly Right RE of Seattle LLC
List Price
$437,500
Sold Price
$437,500
Views
77
Current Estimated Value
$455,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,275
Avg. Annual Appreciation
2.65%
Original Mortgage
$437,500
Outstanding Balance
$430,054
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$29,696

Purchase Details

Listed on
Dec 8, 2016
Closed on
Feb 2, 2017
Sold by
Aho Construction I Inc
Bought by
Casebolt Baez Juanita
Seller's Agent
Gregg White
John L. Scott, Inc.
Buyer's Agent
Tammy Adams
Virgil Adams Real Estate, Inc.
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$239,900
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Closed on
May 2, 2016
Sold by
Highway 503 Properties Llc
Bought by
Aho Construction I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,028,200
Interest Rate
3.71%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 14, 2012
Sold by
Aho Construction I Inc
Bought by
Highway 503 Properties Llc
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
Zhang Zhenming $437,500 Rainier Title
Casebolt Baez Juanita $239,619 Chicago Title Company
Aho Construction I Inc $209,719 Thurston County Title
Highway 503 Properties Llc $1,196,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Zhenming $437,500
Previous Owner Nixon Juanita $230,486
Previous Owner Casebolt Baez Juanita $239,900
Previous Owner Aho Construction I Inc $1,028,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $437,500 0.0% $241 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $437,500 +82.4% $241 / Sq Ft
03/04/2017 03/04/17 Off Market $239,900 -- --
02/27/2017 02/27/17 Sold $239,900 0.0% $131 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $239,900 0.0% $131 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/16/2016 12/16/16 For Sale $239,900 0.0% $131 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
12/08/2016 12/08/16 For Sale $239,900 -- $131 / 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 $3,910 $431,000 $84,900 $346,100
2023 $3,910 $408,800 $63,900 $344,900
2022 $3,860 $397,300 $46,200 $351,100
2021 $3,507 $331,700 $38,700 $293,000
2020 $3,216 $280,700 $58,600 $222,100
2019 $2,711 $267,400 $42,200 $225,200
2018 $3,168 $235,900 $34,300 $201,600
2017 $1,262 $98,600 $35,100 $63,500
2016 $461 $34,750 $34,750 $0
2014 -- $34,750 $34,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2145082

Northwest Multiple Listing Service (NWMLS)

APN: 56290001900