NOT LISTED FOR SALE

7231 Desperado Dr SE Olympia, WA 98501

Estimated Value: $552,000 - $577,000

4 Beds
3 Baths
2,378 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $362,900 $153 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,388/month

365 Days on Market

Highlights

  • Craftsman Architecture
  • Attached Garage
  • Property is Fully Fenced
  • Peter G. Schmidt Elementary School Rated A-
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of May 2019

The Mercer offers 4 bedrooms, 2.5 bathrooms and a plethora of space for entertaining. The kitchen is open and spacious and includes all new energy efficient appliances with a refrigerator, quartz countertops, wood cabinets and a walk-in pantry. The first floor includes not only a large great room, but also a cozy den. On the second floor, the master suite comes complete with dual sinks, a separate tub, a walk-in shower and a large walk-in closet. Also on the second floor is a large bonus room.

Last Agent to Sell the Property

Dale Dale Hill

LGI Realty License #26003 Listed on: 04/27/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1281742

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 2018

Lot Details

  • Property is Fully Fenced

Parking

  • Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 44190026400

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,128

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Craftsman
  • New Construction: Completed
  • Homebuilder: LGI Homes
  • Building Information: Built On Lot
  • New Construction: Y
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Loft, Walk In Pantry, Walk-In Closet
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2378
  • Square Footage Finished: 2378

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Tumwater
  • Water Company: City of Tumwater
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 28
  • Community Name: Tumwater
  • Project: Deschutes River Highlands
  • Community Features: CCRs

Schools

  • School District: TUM

Lot Info

  • Lot Number: 264
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4383
  • Parcel Number: 44190026400
  • Zoning Code: residential
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 5, 2019
Sold by
Lgi Homes Washington Llc
Bought by
Hall Tracy and Hall James
Seller's Agent
Dale Dale Hill
LGI Realty
List Price
$374,900
Sold Price
$362,900
Premium/Discount to List
-$12,000
-3.2%
Current Estimated Value
$564,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,543
Avg. Annual Appreciation
7.10%
Original Mortgage
$352,013
Outstanding Balance
$308,862
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$255,581

Purchase Details

Closed on
Jul 11, 2016
Sold by
Deschutes River Highlands Llc
Bought by
Lgi Homes Washington 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
Hall Tracy $362,900 Thurston County Title
Lgi Homes Washington Llc -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Tracy $352,013
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2019 05/21/19 Sold $362,900 -2.2% $153 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/01/2019 04/01/19 Price Changed $370,900 +0.3% $156 / Sq Ft
10/25/2018 10/25/18 Price Changed $369,900 +1.9% $156 / Sq Ft
10/05/2018 10/05/18 Price Changed $362,900 -3.5% $153 / Sq Ft
07/02/2018 07/02/18 Price Changed $375,900 +0.3% $158 / Sq Ft
04/27/2018 04/27/18 For Sale $374,900 -- $158 / 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 $5,128 $555,300 $115,800 $439,500
2023 $5,128 $512,300 $103,100 $409,200
2022 $5,061 $526,000 $73,100 $452,900
2021 $4,601 $430,100 $60,600 $369,500
2020 $4,434 $358,600 $66,400 $292,200
2019 $3,918 $335,100 $66,800 $268,300
2018 $710 $54,700 $54,700 $0
2017 $663 $49,950 $49,950 $0
2016 $705 $50,500 $50,500 $0
2014 -- $51,650 $51,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1281742

Northwest Multiple Listing Service (NWMLS)

APN: 44190026400