Listed by Signature Service RE Olympia, Bought with RE/MAX Parkside Affiliates
NOT LISTED FOR SALE

7440 Fair Oaks Loop SE Olympia, WA 98513

The Lakes Neighborhood

Estimated Value: $501,000 - $541,745

3 Beds
1.5 Baths
1,380 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $489,000 $354 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,140/month

19 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Property is near public transit
  • Timberline High School Rated A-
  • Deck
  • Territorial View

About This Home

As of September 2023

Welcome to Oakwest Glen neighborhood this 3 bed, 1.5 bath, home is landscaped with beautiful perennial gardens front and back to enjoy year after year, 2nd driveway graveled leads to backyard through utility gates that leads to Huge 56x24 3 bay shop, plus 24x10 storage shed and additional smaller shed. room for rv parking or boat, rv plug in. Trex deck, dog kennel, garage converted with faux front, still has garage door for either use. fully fenced backyard. Amazing location close to Olympia, JBLM and endless amenities of the big city yet on the edge. Close to Lake Pattison to enjoy year round fishing. Fire pit. 70 amp panel in garage, close to Amtrak

Last Agent to Sell the Property

Chelsey Montgomery

Signature Service RE Olympia License #95465 Listed on: 08/02/2023

Signature Service RE Olympia

Last Buyer's Agent

Nancy Griego

RE/MAX Parkside Affiliates License #23804

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2146372

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1986

Lot Details

  • 0.4 Acre Lot
  • Dog Run
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • 5 Car Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Ductless Heating Or Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pattison Lake Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,458

Year Built

Built in 1986

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1986
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1380
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2146372?w=Consumer&agent=123739
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Pellet Stove
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Double Pane/Storm Window, Dining Room, Fireplace
  • Living Area: 1380
  • Main Level Bedrooms: 3
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1380
  • 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
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage, Detached Garage
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Thurston PUD
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 65760004600
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3966
  • Lot Size Sq Ft: 17276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: matrix
  • MLSSquareFootageSource: matrix

Green Features

  • Power Production Type: Electric, Pellet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4458

Multi Family

  • EnergySource: Electric,Pellet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 19, 2023
Sold by
Carvo Alice M and Carvo Richard E
Bought by
Rosellini Jeremiah
Seller's Agent
Chelsey Montgomery
Signature Service RE Olympia
Buyer's Agent
Nancy Griego
RE/MAX Parkside Affiliates
List Price
$505,000
Sold Price
$489,000
Premium/Discount to List
-$16,000
-3.17%
Views
54
Current Estimated Value
$521,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,186
Avg. Annual Appreciation
1.86%
Original Mortgage
$480,142
Outstanding Balance
$472,639
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$34,688

Purchase Details

Closed on
Sep 16, 2016
Sold by
Clark Marty and Clark Jessica
Bought by
Carvo Alice M and Carvo Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,745
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
May 19, 2016
Sold by
Bates Alan C
Bought by
Clark Marty and Eastside Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,217
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2016
Sold by
Eastside Fundine Llc
Bought by
Clark Marty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,217
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2011
Sold by
Estate Of Alan Clifford Bates
Bought by
Bates Michael Alan

Purchase Details

Closed on
Sep 30, 2004
Sold by
Lahoe James Calvin
Bought by
Bates Alan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,230
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2003
Sold by
Edlin Kelly C
Bought by
Lahoe James Calvin

Purchase Details

Closed on
Apr 10, 2000
Sold by
Blue David W and Blue Celia M
Bought by
Lahoe James Calvin and Edlin Kelly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,045
Interest Rate
8.24%
Mortgage Type
FHA
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
Rosellini Jeremiah $489,000 Wfg National Title Company Of
Carvo Alice M $264,719 First American Title
Clark Marty $181,000 None Available
Clark Marty -- None Available
Bates Michael Alan -- None Available
Bates Alan C $159,000 Chicago Title Co
Lahoe James Calvin $56,839 First American Title
Lahoe James Calvin $117,625 Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosellini Jeremiah $480,142
Previous Owner Carvo Alice M $150,000
Previous Owner Carvo Alice M $273,745
Previous Owner Clark Marty $167,217
Previous Owner Bates Alan C $193,600
Previous Owner Bates Alan C $125,000
Previous Owner Bates Alan C $90,000
Previous Owner Bates Alan C $154,230
Previous Owner Lahoe James Calvin $116,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $489,000 0.0% $354 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $489,000 -3.2% $354 / Sq Ft
08/02/2023 08/02/23 For Sale $505,000 -- $366 / 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 $4,660 $507,900 $160,200 $347,700
2023 $4,660 $477,000 $152,600 $324,400
2022 $4,878 $496,000 $106,600 $389,400
2021 $4,458 $410,000 $121,700 $288,300
2020 $3,684 $348,900 $116,000 $232,900
2019 $3,142 $295,500 $85,900 $209,600
2018 $3,595 $257,700 $65,600 $192,100
2017 $3,044 $226,400 $59,700 $166,700
2016 $2,905 $210,800 $62,900 $147,900
2014 -- $212,250 $65,650 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2146372

Northwest Multiple Listing Service (NWMLS)

APN: 65760004600