NOT LISTED FOR SALE

7842 61st Ave NE Olympia, WA 98516

Estimated Value: $1,707,000 - $2,156,000

4 Beds
5 Baths
4,351 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $1,525,000 $350 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,123/month

10 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Secluded Lot
  • Property Fronts a Bay or Harbor
  • Deck
  • Wooded Lot

About This Home

As of September 2020

Luxury NEW Construction! Mid-Century Modern nestled in the ultimate PNW setting. Innovative, no design detail overlooked. 47 windows frame territorial & sweeping views of the deep waters of Nisqually Reach. You'll drool over the exterior space, plush and carefully thought out w/ immaculate detail. Tons of entertaining space. Love architecture and the Puget Sound? Live in style w/ an abundance of saltwater activities. On trend and coveted. For those looking forward and seeking adventure...

Last Agent to Sell the Property

Courtney Drennon

Morrison House Sotheby's Intl License #74829 Listed on: 06/30/2020

Morrison House Sotheby's Intl

Last Buyer's Agent

Tom Schrader

RE/MAX Parkside Affiliates License #118109

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1621564

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,647

Year Built

  • Built in 2017

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is zoned RRR 1/5

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Cement Board or Planked
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Patio

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Finished Basement

Community Details

  • Johnson Point Community

Listing and Financial Details

  • Assessor Parcel Number 11923241100

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,647

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Modern
  • New Construction: Completed
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Concrete, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 4.50
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4351
  • Square Footage Finished: 4351

Exterior Features

  • Exterior: Cement Planked, Cement/Concrete, Metal/Vinyl, Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Composition, Metal
  • View: Bay, Mountain, Sound, Territorial
  • Waterfront: Bank-Medium, Bay, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, 90%+ High Efficiency, Ductless Hp-Mini Split, Hot Water Recirc Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Heater: Mechanical Room-Electric (2)
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Johnson Point
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • School District: NTN

Lot Info

  • Lot Details: Dead End Street, Secluded, Value In Land
  • Lot Dimensions: 100x322x100x322
  • Lot Sq Ft: 43560
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 11923241100
  • Zoning Code: RRR 1/5
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 10230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2016
Sold by
Ashley David R and Brunk Janet Ashley
Bought by
Backholm Stephen and Backholm Paige
Current Estimated Value
$1,942,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,560
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2015
Sold by
Ethel R Ashley Trust
Bought by
Ashley David R and Brunk Janet Ashley

Purchase Details

Closed on
Dec 8, 2013
Sold by
Kenneth R Ashley Trust
Bought by
Ethel R Ashley Trust

Purchase Details

Closed on
May 9, 2005
Sold by
Kenneth R Ashley & Co
Bought by
Kenneth R Ashley Trust and Ethel R Ashley Trust

Purchase Details

Closed on
Sep 3, 2000
Sold by
Backholm Stephen and Backholm Paige
Bought by
Hanner Julianne and Hanner Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$958,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Backholm Stephen $199,719 Stewart Title Western Wa Inc
Ashley David R -- None Available
Ethel R Ashley Trust -- None Available
Kenneth R Ashley Trust -- --
Kenneth R Ashley Trust -- --
Hanner Julianne $1,525,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Backholm Stephen $502,560
Previous Owner Hanner Julianne $958,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $1,525,000 -4.1% $350 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $1,590,000 -- $365 / 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 $15,647 $1,674,300 $385,800 $1,288,500
2023 $15,647 $1,622,000 $322,000 $1,300,000
2022 $15,489 $1,762,100 $314,600 $1,447,500
2021 $13,070 $1,326,700 $330,000 $996,700
2020 $10,230 $1,035,800 $297,200 $738,600
2019 $8,163 $829,100 $302,600 $526,500
2018 $9,937 $730,700 $227,800 $502,900
2017 $2,703 $191,700 $168,800 $22,900
2016 $2,682 $194,600 $173,900 $20,700
2014 -- $186,400 $170,100 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1621564

Northwest Multiple Listing Service (NWMLS)

APN: 11923241100