Listed by Wilcox Real Estate, Bought with John L. Scott CNT
$685,000
SOLD JAN 3, 2023

7236 Twin Cedar Ln SE Olympia, WA 98501

3 Beds
2.5 Baths
3,086 Sq Ft
8,625 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

11% Below List Price

77 Days on Market

Highlights

  • Waterfront Community
  • Deck
  • Property is near public transit
  • Peter G. Schmidt Elementary School Rated A-
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of January 2023

One of a kind! This 3000+ sq ft custom home in quiet Cloister at Munn Lake community has been beautifully & extensively updated throughout. Upper-level Primary is a private retreat with fabulous light, ensuite with jetted tub & access to wrap around deck. Main floor is bright & inviting with vaulted ceilings, open concept dining, kitchen, breakfast nook & living room with wood burning fireplace. Lower-level features 2 generous sized bedrooms, an office with built in shelving - (use as 4th bedroom?) & a large media/rec room – Great for entertaining! Tons of storage & versatility. Find yourself here, Surrounded by trees, with private lake access & trails – Yet conveniently close to Shopping, restaurants, Tumwater schools & I-5.

Last Agent to Sell the Property

Sarah Myers

Wilcox Real Estate License #126742 Listed on: 09/06/2022

Last Buyer's Agent

Brian Rapier

John L. Scott CNT License #22006520

John L. Scott CNT

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1992489

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,083

Year Built

  • Built in 1991

Lot Details

  • 8,625 Sq Ft Lot
  • Cul-De-Sac
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • 3-Story Property
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,086 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 41420001200

Community Details

Overview

  • Cloister At Munn Lake Association
  • Secondary HOA Phone (360) 943-5141
  • Tumwater Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,083

Year Built

Built in 1991

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 13 - Tri-Level
  • Year Built: 1991
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,SeeRemarks,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 3086
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 977

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, See Remarks, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Jetted Tub, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Living Area: 3086
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3086
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,See Remarks,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Metal
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: None
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected, Wood, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: Forced Air,Stove/Free Standing
  • PowerCompany: PSE
  • WaterCompany: WA Water Services
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach, Trail(s)
  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Phone: 360-943-5141
  • Association: Yes
  • AssociationContactName: Cloister At Munn Lake

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 41420001200
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.198
  • Lot Size Sq Ft: 8625
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6083

Multi Family

  • EnergySource: Electric,Natural Gas,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 28, 2022
Sold by
Elsberry-Comer Victoria Ashley and Elsberry-Comer Jesse T
Bought by
Hamilton Ashley and Hamilton Travis
Seller's Agent
Sarah Myers
Wilcox Real Estate
Buyer's Agent
Brian Rapier
John L. Scott CNT
List Price
$770,000
Sold Price
$685,000
Premium/Discount to List
-$85,000
-11.04%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$650,750
Outstanding Balance
$632,964
Interest Rate
6.27%
Estimated Equity
$127,490

Purchase Details

Listed on
May 7, 2020
Closed on
Sep 10, 2020
Sold by
Labarre Charlotte
Bought by
Elsberry Comer Victoria Ashley and Comer Jesse Travis
Seller's Agent
Carole Pagels
Van Dorm Realty, Inc
Buyer's Agent
Sarah Myers
Wilcox Real Estate
List Price
$669,000
Sold Price
$525,000
Premium/Discount to List
-$144,000
-21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$26,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Thurston County Title
Warranty Deed $525,000 Chicago Title Lacey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,750 No Value Available
Previous Owner $26,000 Future Advance Clause Open End Mortgage
Previous Owner $367,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Price Changed $724,000 -2.2% $235 / Sq Ft
06/04/2025 06/04/25 Price Changed $740,000 -1.3% $240 / Sq Ft
05/21/2025 05/21/25 Price Changed $750,000 -1.3% $243 / Sq Ft
05/06/2025 05/06/25 For Sale $760,000 +10.9% $246 / Sq Ft
01/03/2023 01/03/23 Sold $685,000 -3.5% $222 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $710,000 -6.0% $230 / Sq Ft
10/13/2022 10/13/22 Price Changed $755,000 -1.9% $245 / Sq Ft
09/06/2022 09/06/22 For Sale $770,000 +46.7% $250 / Sq Ft
09/10/2020 09/10/20 Sold $525,000 -4.4% $170 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $549,000 -14.6% $178 / Sq Ft
06/24/2020 06/24/20 Price Changed $643,000 -3.9% $208 / Sq Ft
05/07/2020 05/07/20 For Sale $669,000 -- $217 / 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 $6,520 $631,500 $174,200 $457,300
2023 $6,520 $651,600 $165,400 $486,200
2022 $6,083 $636,100 $116,200 $519,900
2021 $5,939 $517,100 $94,900 $422,200
2020 $6,163 $463,100 $99,200 $363,900
2019 $5,447 $466,000 $108,500 $357,500
2018 $5,251 $406,900 $93,200 $313,700
2017 $4,906 $374,200 $83,500 $290,700
2016 $4,777 $350,350 $82,250 $268,100
2014 -- $347,450 $84,150 $263,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1992489

Northwest Multiple Listing Service (NWMLS)

APN: 41420001200