NOT LISTED FOR SALE

7921 Ellison Loop NW Olympia, WA 98502

Estimated Value: $116,298 - $697,000

0.74 Acre
$549,526 Price per Acre
32,234 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $105,000

Est. 287% increase in value since last sale

Current estimated payment $2,257/month

52 Days on Market

Highlights

  • Waterfront Community
  • Views of a Sound
  • Open Space

About This Lot

As of October 2021

Burns Point beautiful .74-acre Lot, Zoning RL 1/1, located on Ellison Loop NW, in Well Established salt-waterfront community, Oyster Bay, Olympia. Seller did an amazing work/improvement & expenses such as: trees clearance, temporary gravel driveway, model house designed & engineered (model house attached), building permit approved; 3BD-Septic designed & permit approved, etc. Now their loss your gain. In addition, water hookup available, good potential for partial sound views. It could be great for anyone, do not miss the opportunity. The property is just minutes to Hwy 101, Olympia/Shelton, Griffin school district for elementary & middle school, Capitol Hight School. Please Come & See!

Last Agent to Sell the Property

Hau Nguyen

HDN Real Estate License #26780 Listed on: 07/14/2021

Last Buyer's Agent

Ioannis Piliaris

Keller Williams South Sound License #139894

Keller Williams South Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1807747

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,192

Lot Details

  • Open Space
  • Sloped Lot

Property Views

  • Views of a Sound
  • Limited Views

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 37870000300

Community Details

Overview

  • Oyster Bay Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,192

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Corners Flagged, Evergreens, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: South East
  • View: Partial, Sound

Utilities

  • Electricity: Available
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Septic Designedand Appliedfor: Y
  • Sewer: Not Available
  • Water: Available, Community Well

Condo/Co-op/Association

  • Community Name: Oyster Bay
  • Project: Burns Point Beach Estates
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Number: 3
  • General Zoning Classification: Residential
  • Lot Details: Open Space, Paved Street
  • Lot Dimensions: 151 X 224
  • Lot Sq Ft: 32077
  • Parcel Number: 37870000300
  • Slopeof Property: Front, South East
  • Topography: Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: RL 1/1

Tax Info

  • Tax Amount: 781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 15, 2021
Sold by
Heapes Efrem J and Heapes Liam R
Bought by
Caulder Anne
Seller's Agent
Hau Nguyen
HDN Real Estate
Buyer's Agent
Ioannis Piliaris
Keller Williams South Sound
List Price
$109,500
Sold Price
$105,000
Premium/Discount to List
-$4,500
-4.11%
Total Days on Market
52
Current Estimated Value
$406,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,649
Avg. Annual Appreciation
44.91%
Original Mortgage
$73,500
Outstanding Balance
$58,358
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,291

Purchase Details

Listed on
Nov 17, 2017
Closed on
Oct 2, 2018
Sold by
Capitol Land Trusts
Bought by
Heapes Efrem J and Heapes Liam R
Seller's Agent
John Duerr
Coldwell Banker Evergreen
Buyer's Agent
Hau Nguyen
HDN Real Estate
List Price
$64,950
Sold Price
$61,500
Premium/Discount to List
-$3,450
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Oneill William W and Oneill Norma H
Bought by
Capitol Land Trust
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
Caulder Anne $105,000 First American
Heapes Efrem J $61,219 Thurston County Title Co
Capitol Land Trust -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caulder Anne $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $105,000 -4.1% --
09/04/2021 09/04/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $109,500 0.0% --
07/26/2021 07/26/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $109,500 +78.0% --
10/10/2018 10/10/18 Sold $61,500 -5.3% --
09/17/2018 09/17/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $64,950 0.0% --
08/22/2018 08/22/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $64,950 -13.3% --
07/13/2018 07/13/18 For Sale $74,950 -24.3% --
06/22/2018 06/22/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $99,000 -- --
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 $1,192 $155,300 $155,300 --
2023 $1,192 $154,700 $154,700 $0
2022 $1,127 $120,200 $120,200 $0
2021 $781 $123,500 $123,500 $0
2020 $746 $81,900 $81,900 $0
2019 $709 $67,900 $67,900 $0
2018 $5 $61,500 $61,500 $0
2017 $10 $59,750 $59,750 $0
2016 $9 $63,700 $63,700 $0
2014 -- $67,050 $67,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1807747

Northwest Multiple Listing Service (NWMLS)

APN: 37870000300