Listed by Keller Williams Realty, Bought with RE/MAX Parkside Affiliates
$1,400,000
SOLD FEB 27, 2025

7307 Spurgeon Creek Rd SE Olympia, WA 98513

2 Beds
1.5 Baths
3,709 Sq Ft
75.25 Acres

Recently Sold

$377 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Wood Burning Stove
  • Stables
  • 75.25 Acre Lot
  • Territorial View

About This Home

As of February 2025

Unlock incredible income potential with this 75+ acre equestrian property! Once a thriving thoroughbred facility with horses competing at Longacres and Emerald Downs & host to summer gaming events, it’s now home to quarter horses and a horse boarding facility. The property offers a large outdoor arena with an announcers building, two barns with 39 stalls, about 30 paddocks with loafing sheds, a duplex, a 2-bedroom, 1-bath single-family home, two wells, multiple outbuildings, riding trails, and stunning views. With vision, you can restore this estate to its former glory. Perfect for investment, training, rescue, or other equestrian ventures. Tour today and explore the potential that awaits!

Last Agent to Sell the Property

Sandra Ewton

Keller Williams Realty License #22028361 Listed on: 10/24/2024

Keller Williams Realty

Co-Listed By

Amanda Goff

Keller Williams Realty License #21006941

Last Buyer's Agent

Kyle Schrader

RE/MAX Parkside Affiliates License #122699

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2304813

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,023

Year Built

  • Built in 1952

Lot Details

  • 75.25 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Brush Vegetation
  • Level Lot

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,709 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Territorial Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Outbuilding

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11711210100

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,023

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1952
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3709
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 133

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Living Area: 3709
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • SquareFootageFinished: 3709
  • 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
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Block
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, RV Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove/Free Standing
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 11711210100
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 75.2499
  • Lot Size: 3,277,890
  • Lot Size Sq Ft: 3277890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Barn,Fenced-Partially,Outbuildings,RV Parking,Shop,Stable
  • MLSLotSizeSource: Realist Tax Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9022.64

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Feb 21, 2025
Sold by
Land Use Company Sub 4 Llc
Bought by
Schrader Kyle and Schrader Kelsie
Seller's Agent
Sandra Ewton
Keller Williams Realty
Buyer's Agent
Kyle Schrader
RE/MAX Parkside Affiliates
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
15
Current Estimated Value
$1,406,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,160
Avg. Annual Appreciation
-3.05%

Purchase Details

Closed on
Dec 3, 2015
Sold by
West David W
Bought by
Land Use Company Sub 4 Llc

Purchase Details

Closed on
Aug 21, 2009
Sold by
West Edwin W
Bought by
West Edwin W

Purchase Details

Closed on
Apr 3, 2009
Sold by
West David W
Bought by
West Edwin W and Maryjean B West Exemption Equivlent Tr
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 $1,400,000 First American Title
Personal Reps Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $1,400,000 -3.4% $377 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $1,450,000 -- $391 / 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 $9,023 $905,300 $506,200 $399,100
2023 $9,023 $925,100 $585,300 $339,800
2022 $6,501 $756,800 $390,500 $366,300
2021 $7,094 $579,000 $306,000 $273,000
2020 $8,269 $543,200 $267,700 $275,500
2019 $6,149 $632,300 $359,300 $273,000
2018 $7,576 $544,200 $317,600 $226,600
2017 $6,456 $475,000 $249,900 $225,100
2016 $6,320 $455,700 $251,700 $204,000
2014 -- $447,200 $236,900 $210,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2304813

Northwest Multiple Listing Service (NWMLS)

APN: 11711210100