Listed by RE/MAX Northwest
$400,000
$80K PRICE DROP

7220 Fair Oaks Loop SE Olympia, WA 98513

The Lakes Neighborhood

Estimated payment $2,527/month

Total Views 11,779
3 Beds
1.5 Baths
1,462 Sq Ft
$274 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Timberline High School Rated A-
  • No HOA
  • Storm Windows

About This Home

Motivated seller, bring your offers! This charming 3-bedroom, 1.25-bath rambler is nestled in a quiet and secluded neighborhood, offering the perfect balance of privacy and convenience. Just minutes from shopping, dining, and other local amenities, you'll enjoy easy access to everything you need while still feeling tucked away from the hustle and bustle. Situated on a beautifully maintained 0.33-acre lot, the property features a spacious and picturesque yard, ideal for gardening, entertaining, or simply relaxing outdoors. Don’t miss this great opportunity to own a lovely home in a desirable location!

Listing Agent

Danielle Vocke

RE/MAX Northwest License #9750 Listed on: 10/10/2024

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2300325

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 1981

Lot Details

  • 0.43 Acre Lot
  • Property is Fully Fenced
  • Brush Vegetation
  • Level Lot
  • Garden

Parking

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

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,462 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pattison Lake Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,810

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1981
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1462
  • SeniorExemption: false
  • SOCComments: 2.5
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2300325?w=Consumer&agent=124006
  • Special Features: None
  • Cumulative Days on Market: 151

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Fireplace, Laminate
  • Living Area: 1462
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1462
  • 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(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterCompany: PUD

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: 65760005200
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.4314
  • Lot Size Sq Ft: 18790
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available
  • MLSLotSizeSource: Tax Assessor
  • MLSSquareFootageSource: Tax Assessor

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3810

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,811 $405,600 $163,700 $241,900
2023 $3,811 $388,000 $156,000 $232,000
2022 $3,942 $385,700 $110,800 $274,900
2021 $3,620 $329,500 $127,500 $202,000
2020 $2,980 $281,600 $119,100 $162,500
2019 $2,518 $237,300 $88,300 $149,000
2018 $2,862 $203,600 $67,400 $136,200
2017 $2,476 $182,650 $61,250 $121,400
2016 $2,392 $172,250 $64,450 $107,800
2014 -- $173,450 $67,250 $106,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $400,000 0.0% $274 / Sq Ft
07/15/2025 07/15/25 For Sale $400,000 -11.1% $274 / Sq Ft
07/07/2025 07/07/25 Off Market $449,900 -- --
06/27/2025 06/27/25 Price Changed $449,900 -2.2% $308 / Sq Ft
05/22/2025 05/22/25 For Sale $460,000 0.0% $315 / Sq Ft
04/09/2025 04/09/25 Off Market $460,000 -- --
03/30/2025 03/30/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $460,000 0.0% $315 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $460,000 0.0% $315 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $460,000 0.0% $315 / Sq Ft
12/14/2024 12/14/24 Off Market $460,000 -- --
10/28/2024 10/28/24 Price Changed $460,000 -4.2% $315 / Sq Ft
10/10/2024 10/10/24 For Sale $480,000 -- $328 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $97,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $513,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $513,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $313,500 Reverse Mortgage Home Equity Conversion Mortgage
Closed $11,000 Unknown
Closed $5,000 Credit Line Revolving
Closed $17,000 Credit Line Revolving
Closed $77,600 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2300325

Northwest Multiple Listing Service (NWMLS)

APN: 65760005200