NOT LISTED FOR SALE

7420 Cedar Flats Rd SW Olympia, WA 98512

Estimated Value: $1,064,000 - $1,109,000

4 Beds
4 Baths
4,638 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $745,000 $161 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,680/month

13 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • RV Access or Parking
  • Thurgood Marshall Middle School Rated A-
  • Spa
  • Creek or Stream View

About This Home

As of June 2019

The gorgeous cedar siding & setting makes you feel like you are miles from town, yet you’re less than 10 mins from West Oly! This tastefully updated 4638± sq/ft home on 7.21 acres has room for everyone! The main floor features a huge master bedroom, open concept great room, refinished hardwood floors, office, 2 powder rooms & a kitchen w/granite counters and an enormous kitchen island w/seating for 5! Bring your animals & enjoy the 3 fenced pastures and 2 stall barn w/power, water & hay loft!

Last Agent to Sell the Property

Tim Lynch

Olympic Sotheby's Int'l Realty License #117939 Listed on: 04/10/2019

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Shannon Knox

Blue Summit Realty LLC License #123024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1436105

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,020

Year Built

  • Built in 1997

Lot Details

  • Street terminates at a dead end
  • Sloped Lot
  • Wooded Lot

Property Views

  • Creek or Stream
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

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

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 13822110100

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,020

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, 2nd Master Br, Wine Cellar, Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, Hot Tub/Spa, Jetted Tub, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 3
  • Bathrooms: 4.00
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Den or Office: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4640
  • Square Footage Finished: 4638

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial
  • Waterfront: Creek

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Stove/Free Standing
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Water Heater: Main/Downstairs-Propane, Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Olympia

Schools

  • Elementary School: Mclane Elem
  • Middle School: Thurgood Marshall Mi
  • High School: Capital High
  • School District: OLY

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 314068
  • Lot Topography Vegetation: Equestrian, Partial Slope, Pasture, Wooded
  • Parcel Number: 13822110100
  • Lot Topography: Equestrian, Partial Slope, Pasture, Wooded

Tax Info

  • Tax Amount: 7656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 12, 2019
Sold by
Berry Jason G and Berry Renee M
Bought by
Cheatheam Justin and Gerber Nadine
Seller's Agent
Tim Lynch
Olympic Sotheby's Int'l Realty
Buyer's Agent
Shannon Knox
Blue Summit Realty LLC
List Price
$774,950
Sold Price
$745,000
Premium/Discount to List
-$29,950
-3.86%
Current Estimated Value
$1,082,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,476
Avg. Annual Appreciation
6.08%
Original Mortgage
$595,000
Outstanding Balance
$523,151
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$559,326

Purchase Details

Closed on
Sep 17, 2013
Sold by
Reilly Timothy E O and Reilly Terry E O
Bought by
Berry Jason G and Berry Renee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1998
Sold by
Oreilly Timothy E
Bought by
Oreilly Timothy E and Oreilly Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
7.13%

Purchase Details

Closed on
Apr 21, 1995
Sold by
Andrews Daniel B and Andrews Carole
Bought by
Oreilly Timothy E and Oreilly Terry E
Source: Public Records

Range of Values:

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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
Cheatheam Justin $745,000 Thurston County Title
Berry Jason G $410,000 Stewart Title Of Western Was
Oreilly Timothy E -- Thurston County Title Co
Oreilly Timothy E -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheatheam Justin $595,000
Previous Owner Berry Jason G $307,500
Previous Owner Oreilly Timothy E $174,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $745,000 -3.9% $161 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $774,950 -- $167 / 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 $11,020 $1,056,000 $278,700 $777,300
2023 $11,020 $994,900 $239,800 $755,100
2022 $10,550 $1,029,000 $202,800 $826,200
2021 $8,572 $848,800 $169,300 $679,500
2020 $7,898 $625,600 $154,000 $471,600
2019 $7,656 $563,200 $138,300 $424,900
2018 $7,445 $543,600 $129,600 $414,000
2017 $6,845 $516,400 $104,400 $412,000
2016 $6,150 $443,500 $104,400 $339,100
2014 -- $456,150 $90,050 $366,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1436105

Northwest Multiple Listing Service (NWMLS)

APN: 13822110100