Listed by Keller Williams South Sound, Bought with KW Mountains to Sound Realty
NOT LISTED FOR SALE

7404 Gallagher Cove Rd NW Olympia, WA 98502

Estimated Value: $992,000 - $1,339,000

3 Beds
4 Baths
2,366 Sq Ft
$502/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $1,225,000 $518 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,878/month

Highlights

  • Low Bank Waterfront Property
  • RV Access or Parking
  • Deck
  • Views of a Sound
  • Fireplace in Primary Bedroom
  • Contemporary Architecture

About This Home

As of September 2022

Amazing 3 bed, 3+ bath Custom built home on 203' of Low/No Bank waterfront in Gallagher Cove in Totten Inlet. 3.35 acres, covered with Mature, harvestable timberland. Cherry cabinets, granite countertops, and beautiful hardwood floors. Vaulted ceilings, wood wrapped windows. 2 car, attached garage and large detached carport for parking up to 4 cars, or 2 large RVs, with an attached shop. Studio with 3/4 bath in the basement. Amazing views of Gallagher Cove. Air conditioning.

Last Agent to Sell the Property

Kevin Gordham

Keller Williams South Sound License #89722 Listed on: 05/27/2022

Keller Williams South Sound

Last Buyer's Agent

Elsie Chaudoin

KW Mountains to Sound Realty License #78172

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1941083

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,388

Year Built

  • Built in 1997

Lot Details

  • 3.35 Acre Lot
  • Low Bank Waterfront Property
  • 203 Feet of Waterfront
  • Gated Home
  • Property is Fully Fenced
  • Brush Vegetation
  • Secluded Lot
  • Terraced Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Stucco
  • Wood Composite

Interior Spaces

  • 2,366 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Views of a Sound
  • Partially Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

Parking

  • 6 Car Attached Garage
  • Detached Carport Space
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Central Air
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Steamboat Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36020023700

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,388

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1997
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,Refrigerator,StoveRange,TrashCompactor
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2366
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Partially Finished
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Stove/Range, Trash Compactor
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Wet Bar, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), Jetted Tub, Vaulted Ceiling(s), Walk-In Pantry, Water Heater
  • Living Area: 2366
  • Main Level Bedrooms: 3
  • Bathrooms: 3.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 2366
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Trash Compactor

Exterior Features

  • Roof: Composition
  • View: Sound
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront Features: Bank-Low, No Bank
  • Waterfront: Yes
  • Exterior Features: Brick, Cement Planked, Stucco, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 203

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Attached Garage
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Propane, Septic System, Electricity Available, Propane, Wood, Individual Well
  • HeatingCoolingType: Central A/C,Forced Air,Stove/Free Standing
  • WaterHeaterType: propane/ electric
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: Community Waterfront/Pvt Beach
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Griffin

Lot Info

  • Parcel Number: 36020023700
  • Topography: PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 3.35
  • Lot Size Sq Ft: 145926
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Propane,RV Parking,Shop
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor

Green Features

  • Power Production Type: Electric, Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7388

Multi Family

  • EnergySource: Electric,Propane,Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 7, 2022
Sold by
Baker Janet M
Bought by
Kenzell Steve R and Kenzell Wendy E
Seller's Agent
Kevin Gordham
Keller Williams South Sound
Buyer's Agent
Elsie Chaudoin
KW Mountains to Sound Realty
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Current Estimated Value
$1,187,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,095
Avg. Annual Appreciation
-0.98%
Original Mortgage
$980,000
Outstanding Balance
$939,268
Interest Rate
5.66%
Estimated Equity
$248,637

Purchase Details

Closed on
Jan 31, 1996
Sold by
Skillman Robert A and Skillman Jan
Bought by
Baker Gary E and Baker Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back
Source: Public Records

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 Buyer Sale Price Title Company
Kenzell Steve R $1,225,000 Thurston County Title
Baker Gary E -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenzell Steve R $980,000
Previous Owner Baker Gary E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $1,225,000 -2.0% $518 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $1,250,000 0.0% $528 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $1,250,000 -- $528 / 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 $7,919 $1,064,300 $402,700 $661,600
2023 $7,919 $1,042,600 $331,200 $711,400
2022 $7,388 $977,500 $277,500 $700,000
2021 $6,169 $821,300 $303,900 $517,400
2020 $6,366 $658,900 $278,500 $380,400
2019 $5,502 $591,500 $284,800 $306,700
2018 $6,124 $514,500 $237,300 $277,200
2017 $6,520 $560,550 $178,350 $382,200
2016 $5,102 $474,300 $187,600 $286,700
2014 -- $431,300 $178,200 $253,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1941083

Northwest Multiple Listing Service (NWMLS)

APN: 36020023700