Listed by RE/MAX Advantage, Bought with Group 7 Inc., Real Estate Serv
NOT LISTED FOR SALE

7515 Kerbaugh Rd NE Olympia, WA 98516

Estimated Value: $1,015,000 - $1,434,000

8 Acres
$167,898 Price per Acre
334,976 Sq Ft Lot

Last Sold February 23, 2021

Last sale price $530,000

Est. 141% increase in value since last sale

Current estimated payment $7,705/month

Highlights

  • Low Bank Waterfront Property
  • Tideland Water Rights
  • Level Lot
  • Views of a Sound

About This Lot

As of February 2021

Henderson Inlet 248 ft LOW BANK waterfront. Permitted & READY TO BUILD. 3 bd septic + 2bd septic installed, well, power, conduit/lines to building site installed. Approved view home plan designed and available for site closest to Henderson Inlet, water, with paved easement. Potential for second home and shop. 7+ acres of forest blends waterfront with natural retreat. Level, pebbled beach. Western facing. Tideland rights.

Last Agent to Sell the Property

Kim Piper

RE/MAX Advantage License #21003415 Listed on: 02/23/2021

RE/MAX Advantage

Last Buyer's Agent

Mike Weinand

Group 7 Inc., Real Estate Serv License #105934

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1734844

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,677

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Level Lot

Property Views

  • Views of a Sound
  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 11917110301

Community Details

Overview

  • Henderson Inlet Community

Recreation

  • Tideland Water Rights

Property Details

Property Type

Land

Est. Annual Taxes

$7,677

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Corners Flagged, Evergreens, Heavily Forested, Partially Cleared, Recreational
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 5

Exterior Features

  • Road Information: Access Easement, Gravel, Paved, Privately Maintained
  • Road On Which Sideof Property: East & Easement North
  • View: Bay, Sound
  • Waterfront: Bank-Low, Bay, No Bank, Sound, Tideland Rights
  • Waterfront Frontage: 248

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 5
  • Septic System Installed: Y
  • Septic System Type: Glendon
  • Sewer: On Property
  • Water: Private Well

Condo/Co-op/Association

  • Community Name: Henderson Inlet

Schools

  • Elementary School: South Bay Elem
  • Middle School: Chinook Mid
  • High School: North Thurston High
  • School District: NTN

Lot Info

  • Easements: Driveway near north line to bldg site
  • General Zoning Classification: Residential
  • Lot Details: Dead End Street
  • Lot Dimensions: 1638' x 248' x 1669' x 249'
  • Lot Sq Ft: 334976
  • Parcel Number: 11917110301
  • Slopeof Property: West
  • Survey: Partial Survey & Topo available
  • Topography: Level, Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 3676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Feb 22, 2021
Sold by
Piper Kimberly D
Bought by
Weinand Michael George and Weinand Veronka Joyce
Seller's Agent
Kim Piper
RE/MAX Advantage
Buyer's Agent
Mike Weinand
Group 7 Inc., Real Estate Serv
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$1,279,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,099
Avg. Annual Appreciation
17.89%

Purchase Details

Listed on
Feb 4, 2013
Closed on
May 25, 2016
Sold by
Pacific Premier Properties Llc
Bought by
Piper Kimberly D
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Dean Stohl
Team/Max Services, Inc
List Price
$650,000
Sold Price
$248,000
Premium/Discount to List
-$402,000
-61.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%
Original Mortgage
$198,400
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2014
Sold by
Federal Deposit Insurance Corporation
Bought by
Sunwest Bank

Purchase Details

Closed on
Aug 14, 2014
Sold by
Sunwest Bank
Bought by
Pacific Premier Properties Llc

Purchase Details

Closed on
Aug 13, 2013
Sold by
Sunwest Bank
Bought by
Pacific Premier Properties Llc

Purchase Details

Closed on
Apr 30, 2012
Sold by
Rocky Mountain Development Inc
Bought by
Westside Community Bank

Purchase Details

Closed on
Jun 28, 2006
Sold by
Chervenka Family Lp
Bought by
Rocky Mountain Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,838
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1996
Sold by
Chervenka Francis A
Bought by
Hamisch Olive T
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
Weinand Michael George $530,000 Fatco
Piper Kimberly D $247,719 Chicago Title Company
Sunwest Bank -- None Available
Pacific Premier Properties Llc -- None Available
Pacific Premier Properties Llc -- None Available
Westside Community Bank $600,000 None Available
Rocky Mountain Development Inc $675,000 Chicago Title Co
Hamisch Olive T -- Puget Sound Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piper Kimberly D $198,400
Previous Owner Rocky Mountain Development Inc $0
Previous Owner Rocky Mountain Development Inc $683,838
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $530,000 0.0% --
02/23/2021 02/23/21 For Sale $530,000 +113.7% --
05/27/2016 05/27/16 Sold $248,000 -61.8% --
10/08/2015 10/08/15 Pending -- -- --
02/04/2013 02/04/13 For Sale $650,000 -- --
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 $7,677 $1,162,200 $565,000 $597,200
2023 $7,677 $784,300 $504,000 $280,300
2022 $4,438 $601,100 $404,300 $196,800
2021 $3,152 $421,700 $421,700 $0
2020 $3,676 $275,700 $275,700 $0
2019 $2,811 $345,500 $345,500 $0
2018 $3,181 $264,200 $264,200 $0
2017 $2,544 $220,500 $220,500 $0
2016 $2,652 $234,400 $234,400 $0
2014 -- $224,900 $224,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Piper

    Seller's Agent in 2021

    Kim Piper

    RE/MAX

    (360) 402-0150

    49 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Mike Weinand

    Group 7 Inc., Real Estate Serv

  • Spence Weigand

    Seller's Agent in 2016

    Spence Weigand

    Virgil Adams Real Estate, Inc.

    (360) 789-3160

    143 Total Sales

    Section Image
  • Sue Sandberg

    Seller Co-Listing Agent in 2016

    Sue Sandberg

    Virgil Adams Real Estate, Inc.

    (360) 352-3756

    35 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Dean Stohl

    Team/Max Services, Inc

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1734844

Northwest Multiple Listing Service (NWMLS)

APN: 11917110301

Washington Thurston County Olympia 98516

7515 Kerbaugh Rd NE, Olympia, WA

This home is located at 7515 Kerbaugh Rd NE, Olympia, WA 98516 since 23 February 2021 and is currently estimated at $1,291,137. 7515 Kerbaugh Rd NE is a home located in Thurston County with nearby schools including South Bay Elementary School, Chinook Middle School, and North Thurston High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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