Listed by Blue Summit Realty LLC, Bought with Windermere Real Estate/PSK Inc
NOT LISTED FOR SALE

7311 118th Ave SW Olympia, WA 98512

Estimated Value: $819,000 - $1,154,000

4 Beds
3 Baths
3,612 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $385,000 $107 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,505/month

54 Days on Market

About This Home

As of July 2014

Amazing private property on Waddell Creek. Enjoy wildlife from your extensive wrap around porch. This huge 4 br home on 5+/- acres is your own private retreat. Drive down the tree lined driveway to this extensively lanscaped parcel, which includes a mature orchard, basketball court, large shop, creek frontage, wildlife, fishing and privacy. Inside the home features formal living, dining and family room. Partially finished daylight basement is ready for your finishing touches.

Last Agent to Sell the Property

Brian Dermanoski

Blue Summit Realty LLC License #23411 Listed on: 04/09/2014

Last Buyer's Agent

Derek Catherall

Windermere Real Estate/PSK Inc License #27109

Windermere Real Estate/PSK Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM617326

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$7,871

Year Built

1983

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 3612
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Basement: Daylight, Roughed In, Unfinished
  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Hot Tub/Spa, Loft, Walk In Pantry, Walk-in Closet
  • Floor: Ceramic Tile, Vinyl, Wall to Wall Carpet
  • Sq Ft Unfinished: 1300
  • Water Heater Location: laundry room-Propane

Exterior Features

  • Roof: Composition
  • Exterior: Metal/Vinyl, Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Open Space, Secluded
  • Roof: Composition
  • Site Features: Athletic Court, Deck, Dog Run, Partial Fence, Hot Tub/Spa, Outbuildings, Patio, Propane, RV Parking, Shop, Sprinkler System
  • View: Territorial
  • Waterfront: Low Bank, Creek
  • Lot Topography: Equestrian, Fruit Trees, Garden Space, Level

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Attached
  • Total Covered Spaces: 5

Utilities

  • Cooling: Forced Air
  • Heating: Baseboard, Forced Air, Stove/Free Standing
  • Appliances: Range/Oven, Dishwasher
  • Heating and Cooling: Baseboard, Forced Air, Free Standing Stove
  • Sewer: Septic
  • Water Source: Individual Well

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jul 22, 2014
Sold by
Vaughter Bonnie E and Vaughter Travis R
Bought by
Vaughter Travis R
Seller's Agent
Brian Dermanoski
Blue Summit Realty LLC
Buyer's Agent
Derek Catherall
Windermere Real Estate/PSK Inc
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Current Estimated Value
$921,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,016
Avg. Annual Appreciation
8.00%
Original Mortgage
$365,750
Outstanding Balance
$278,592
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$642,424

Purchase Details

Closed on
Oct 27, 2013
Sold by
Torazzi Rachel
Bought by
Grieves Vernon

Purchase Details

Closed on
Feb 22, 2000
Sold by
Associates Relocation Management Company
Bought by
Grieves Vernon L and Grieves Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.16%

Purchase Details

Closed on
Jul 27, 1999
Sold by
Zirbes Larry E and Zirbes Maria A
Bought by
Associates Relocation Management Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vaughter Travis R -- First American Title
Vaughter Travis R $385,000 First American Title
Grieves Vernon -- None Available
Grieves Vernon L $235,000 Chicago Title Co
Associates Relocation Management Company -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughter Travis R $365,750
Previous Owner Grieves Vernon L $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $385,000 -1.0% $107 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $389,000 +1.0% $108 / Sq Ft
05/25/2014 05/25/14 Off Market $385,000 -- --
04/09/2014 04/09/14 For Sale $389,000 -- $108 / 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 $7,871 $790,700 $241,300 $549,400
2023 $7,871 $757,500 $215,800 $541,700
2022 $7,941 $810,700 $173,000 $637,700
2021 $7,177 $640,100 $150,500 $489,600
2020 $6,537 $520,800 $137,000 $383,800
2019 $6,098 $457,200 $127,300 $329,900
2018 $5,885 $424,400 $110,700 $313,700
2017 $5,756 $400,900 $91,600 $309,300
2016 $4,945 $385,000 $91,000 $294,000
2014 -- $343,550 $79,350 $264,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM617326

Northwest Multiple Listing Service (NWMLS)

APN: 13734410104