Listed by Windermere Prof Partners, Bought with RE/MAX Parkside Affiliates
NOT LISTED FOR SALE

7434 Rich Rd SE Olympia, WA 98501

Estimated Value: $637,000 - $771,000

4 Beds
3 Baths
2,581 Sq Ft
$268/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $620,000 $240 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,251/month

86 Days on Market

Highlights

  • 4 Fireplaces
  • No HOA
  • 10 Car Attached Garage
  • East Olympia Elementary School Rated A-
  • Gazebo
  • Bathroom on Main Level

About This Home

As of October 2024

Seller offering to buy down interest rate of buyer by 1% and include a 1 year home warranty. Discover your dream home on this expansive property, just shy of two acres. The main house boasts beautiful new upgrades, fresh paint, and abundant natural light. Additional features include a charming mother-in-law suite, a spacious detached garage/shop, and a large storage shed. This property offers everything you need and more!

Last Agent to Sell the Property

Patrick Moynihan

Windermere Prof Partners License #125048 Listed on: 06/03/2024

Windermere Prof Partners

Co-Listed By

Christopher Nelson

Windermere Real Estate/East License #108770

Last Buyer's Agent

Tiana Faircloth

RE/MAX Parkside Affiliates License #21031697

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2246874

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,184

Year Built

  • Built in 1963

Lot Details

  • 1.99 Acre Lot
  • Level Lot

Parking

  • 10 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,581 Sq Ft Home
  • 1-Story Property
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Partially Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • Bathroom on Main Level

Outdoor Features

  • Gazebo
  • Outbuilding

Additional Homes

  • 792 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 1 Bathroom

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • East Olympia Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,184

Year Built

Built in 1963

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3373
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • AccessoryDwellingUnit: Detached Dwelling
  • DetachedDwellingSqFtFinished: 792
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2246874?w=Consumer&agent=109269
  • Special Features: None

Interior Features

  • Fireplaces: 4
  • Basement: Partially Finished
  • Appliances: Dishwasher(s), Microwave(s), Stove(s)/Range(s)
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Lower
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Fireplace, Laminate, Laminate Hardwood, Wall to Wall Carpet, Water Heater
  • Living Area: 2581
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • BathsFullMain: 0
  • SquareFootageFinished: 2581
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • FireplacesUpper: 1
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Block
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 10
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Heat Pump, Wall Unit(s)
  • Heating Yn: Yes
  • SewerCompany: Septic
  • WaterCompany: Individual Well
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 39901300005
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.99
  • Lot Size Sq Ft: 86684
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Outbuildings,Shop
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Oil

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7184
  • AdditionalTaxIds: 3990-13-00005

Multi Family

  • EnergySource: Oil

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Sep 25, 2024
Sold by
Salem Gamal
Bought by
Reilly Anthony and Ferron Malia Minor
Seller's Agent
Patrick Moynihan
Windermere Prof Partners
Buyer's Agent
Tiana Faircloth
RE/MAX Parkside Affiliates
List Price
$759,999
Sold Price
$620,000
Premium/Discount to List
-$139,999
-18.42%
Views
85
Current Estimated Value
$690,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,735
Avg. Annual Appreciation
11.41%
Original Mortgage
$589,000
Outstanding Balance
$582,808
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$107,927

Purchase Details

Closed on
Nov 7, 2023
Sold by
Selby Morgan & Born Pllc
Bought by
Lyon Michael F and Eastside Funding Llc

Purchase Details

Closed on
Oct 27, 2023
Sold by
Eastside Funding Llc
Bought by
Salem Gamal

Purchase Details

Closed on
Oct 9, 2022
Sold by
Lyon Michael E
Bought by
Lyon Michael E and Lyon Cindy

Purchase Details

Closed on
May 3, 2007
Sold by
Lyon Joan
Bought by
Lyon Michael F and Lyon Joan

Purchase Details

Closed on
May 8, 1995
Sold by
Lyon Michael F
Bought by
Lyon Joan D
Source: Public Records

Range of Values:

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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
Reilly Anthony $620,000 First American Title
Lyon Michael F $372,692 None Listed On Document
Salem Gamal -- None Listed On Document
Lyon Michael E -- None Listed On Document
Lyon Michael F -- None Available
Lyon Joan D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Anthony $589,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $620,000 -2.4% $240 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $634,999 -7.3% $246 / Sq Ft
08/09/2024 08/09/24 Price Changed $684,999 -2.1% $265 / Sq Ft
07/05/2024 07/05/24 Price Changed $699,999 -6.7% $271 / Sq Ft
06/21/2024 06/21/24 Price Changed $749,999 -1.3% $291 / Sq Ft
06/03/2024 06/03/24 For Sale $759,999 -- $294 / 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 $7,184 $771,700 $219,600 $552,100
2023 $7,184 $703,400 $242,400 $461,000
2022 $6,799 $694,800 $149,100 $545,700
2021 $6,183 $576,800 $155,700 $421,100
2020 $6,159 $478,300 $135,700 $342,600
2019 $5,526 $468,000 $130,400 $337,600
2018 $5,490 $410,900 $105,000 $305,900
2017 $5,132 $373,500 $98,400 $275,100
2016 $4,602 $348,700 $103,600 $245,100
2014 -- $327,900 $90,100 $237,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2246874

Northwest Multiple Listing Service (NWMLS)

APN: 39901300005