NOT LISTED FOR SALE

7608 Ostrich Dr SE Olympia, WA 98513

Estimated Value: $541,000 - $640,000

3 Beds
1 Bath
1,654 Sq Ft
$351/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $372,500 $225 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,578/month

41 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • RV Access or Parking
  • Waterfront Community
  • Spa
  • Lake View

About This Home

As of October 2018

Amazing 3 BR rambler watefront home w/130 feet of no bank water frontage in a peaceful, private setting on .52 acre w/private dock in a cul de sac. Open floor plan, lg MBR w/walk-in closet, A/C w/heat pump, vaulted ceilings, skylight, security sys, woodstove. 1654 SF, built in 1987. New roof in 2007, lots of windows, lg kitchen w/pantry & kitchen nook, ceiling fans, lg deck, hot tub, fenced, shed. Boat included too! You can swim & fish at the lake. Truly a rare find fabulous waterfront home!

Last Agent to Sell the Property

Sukjoo Sohn

Van Dorm Realty, Inc License #39327 Listed on: 08/13/2018

Van Dorm Realty, Inc

Last Buyer's Agent

Sukjoo Sohn

Van Dorm Realty, Inc License #39327 Listed on: 08/13/2018

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1344347

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1987

Lot Details

  • Low Bank Waterfront Property
  • Cul-De-Sac
  • Partially Fenced Property
  • Fruit Trees
  • Garden

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Outbuilding

Utilities

  • Shared Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 78070024000

Community Details

Overview

  • Sunwood Lakes Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,012

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1654
  • Square Footage Finished: 1654

Exterior Features

  • Exterior: Wood Products
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Lake
  • Waterfront Frontage: 130

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Sunwood Lakes
  • Water Heater: Garage-Electric
  • Water Source: Community, Shared Well

Condo/Co-op/Association

  • HOA Fees: 73
  • Community Name: Sunwood Lakes
  • Project: Sunwood Lakes
  • Community Features: CCRs, Clubhouse, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Southworth Elem
  • Middle School: Yelm Mid
  • High School: Yelm Extension Sch
  • School District: YEL

Lot Info

  • Lot Details: Cul-De-Sac
  • Lot Sq Ft: 22793
  • Lot Topography Vegetation: Fruit Trees, Garden Space
  • Parcel Number: 78070024000
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space

Tax Info

  • Tax Amount: 3736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 15, 2018
Sold by
Watanabe Jane S
Bought by
Winchester Lynn M and Winchester Patricia A
Seller's Agent
Sukjoo Sohn
Van Dorm Realty, Inc
Buyer's Agent
Sukjoo Sohn
Van Dorm Realty, Inc
List Price
$399,000
Sold Price
$372,500
Premium/Discount to List
-$26,500
-6.64%
Current Estimated Value
$579,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,494
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Davidson Virgil and Davidson Valorie J
Bought by
Watanabe Jane S and Jane S Watanabe Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 1996
Sold by
Bruner Daniel E and Bruner Joyce G
Bought by
Davidson Virgil and Davidson Valorie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
7.1%
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
Winchester Lynn M $372,219 Chicago Title
Watanabe Jane S $350,000 Stewart Title Of Western Was
Davidson Virgil $153,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watanabe Jane S $264,000
Previous Owner Watanabe Jane S $280,000
Previous Owner Davidson Virgil $160,000
Previous Owner Davidson Virgil $50,000
Previous Owner Davidson Virgil $145,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $372,500 -0.7% $225 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
08/23/2018 08/23/18 Price Changed $375,000 -6.0% $227 / Sq Ft
08/13/2018 08/13/18 For Sale $399,000 -- $241 / 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 $5,012 $525,400 $214,900 $310,500
2023 $5,012 $519,100 $188,500 $330,600
2022 $4,655 $498,800 $150,600 $348,200
2021 $4,403 $424,100 $153,800 $270,300
2020 $4,039 $342,900 $132,700 $210,200
2019 $3,256 $311,200 $72,700 $238,500
2018 $3,736 $270,400 $67,000 $203,400
2017 $3,982 $298,000 $131,600 $166,400
2016 $3,780 $273,400 $116,600 $156,800
2014 -- $271,800 $118,000 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1344347

Northwest Multiple Listing Service (NWMLS)

APN: 78070024000