Listed by Coldwell Banker Evergreen, Bought with Keller Williams Eastside
NOT LISTED FOR SALE

7130 Fair Oaks Loop SE Olympia, WA 98513

The Lakes Neighborhood

Estimated Value: $520,000 - $615,000

3 Beds
2 Baths
2,168 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $560,000 $258 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,458/month

19 Days on Market

Highlights

  • RV Access or Parking
  • 0.53 Acre Lot
  • Wood Flooring
  • Timberline High School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of October 2023

This 3 bedroom, Rambler with no threshold entry is move-in ready and designed for easy living. The large great room boasts a cozy free standing wood burning fireplace. The Kitchen has lots of cabinets, Pantry, Gas cooktop, Double Ovens and Tile counter tops. While the nice size dining area with hardwood floors provides the perfect space for entertaining. Main bedroom suite. good size additional bedrooms. Unfinished large bonus room over garage with stubbed out amenities. Relax on the back patio under the custom hand-built cover. The big backyard offers a peaceful oasis. Great shop 2 bay doors fit for a backyard mechanic. (a must see). Plenty of space for your RV. This is the epitome of easy living.

Last Agent to Sell the Property

Chance Wehrer

Coldwell Banker Evergreen License #29991 Listed on: 08/29/2023

Coldwell Banker Evergreen

Last Buyer's Agent

Ryan Jarman

Keller Williams Eastside License #130445

Keller Williams Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2156192

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1981

Lot Details

  • 0.53 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 2,168 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Storm Windows

Kitchen

  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio

Schools

  • Chambers Prairie El Elementary School
  • Komachin Mid Middle School
  • Timberline High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,712

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1981
  • Inclusions: Dishwasher,DoubleOven,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2168
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2156192?w=Consumer&agent=774460
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Fireplace
  • Living Area: 2168
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2168
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Concrete Ribbon
  • Property Condition: Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: Thurston Co PUD

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: Timberline High
  • Middle Or Junior School: Komachin Mid

Lot Info

  • Parcel Number: 65760005600
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.5258
  • Lot Size: 116x229x101x197 +/-
  • Lot Size Sq Ft: 22906
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio,Propane,RV Parking,Shop
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: 56

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4712

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Chambers Prairie El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Oct 3, 2023
Sold by
Nereim Steven M and Nereim Annette L
Bought by
Hanson Jeffrey Vern and Hanson Ian
Seller's Agent
Chance Wehrer
Coldwell Banker Evergreen
Buyer's Agent
Ryan Jarman
Keller Williams Eastside
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Views
101
Current Estimated Value
$582,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,505
Avg. Annual Appreciation
0.48%
Original Mortgage
$448,000
Outstanding Balance
$441,286
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$123,993
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
Hanson Jeffrey Vern $560,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Jeffrey Vern $448,000
Previous Owner Nereim Steven M $50,000
Previous Owner Nereim Steven M $157,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $560,000 -0.9% $258 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $565,000 -3.4% $261 / Sq Ft
08/29/2023 08/29/23 For Sale $585,000 -- $270 / 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 $4,581 $498,700 $172,600 $326,100
2023 $4,581 $468,700 $164,200 $304,500
2022 $4,874 $478,800 $114,900 $363,900
2021 $4,340 $409,700 $142,700 $267,000
2020 $3,772 $339,400 $125,800 $213,600
2019 $3,190 $302,800 $94,200 $208,600
2018 $3,652 $261,900 $71,600 $190,300
2017 $3,145 $234,150 $64,650 $169,500
2016 $3,005 $218,700 $68,000 $150,700
2014 -- $219,800 $71,000 $148,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2156192

Northwest Multiple Listing Service (NWMLS)

APN: 65760005600