NOT LISTED FOR SALE

7926 Ellison Loop NW Olympia, WA 98502

Estimated Value: $1,164,000 - $1,780,000

3 Beds
1 Bath
4,437 Sq Ft
$336/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $795,000 $179 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,777/month

254 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • RV Access or Parking
  • Views of a Sound
  • Community Boat Launch
  • Fruit Trees

About This Home

As of January 2016

Casual elegance abounds in this newer rambler on beautiful Totten Inlet! Low bank beachfront w/ floating dock. Large, sunny lot w/ mature landscaping, garden space, & covered deck! Det 3-car garage w/ guest home above it! Scads of windows in the main home accentuate the views & allow plenty of natural light to bathe the living spaces. A true, large gourmet kitchen is the hub of the home. Luxurious master suite w/ 5-pc bath & enormous organized walk-in closet. This is truly a lifestyle property!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 01/09/2015

Co-Listed By

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340

Last Buyer's Agent

Karen Hamilton

Coldwell Banker Evergreen License #28243

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM729954

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,613

Year Built

  • Built in 2005

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 4 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Docks
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 37850000300

Community Details

Overview

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

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,613

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Microwave, Range/Oven, Trash Compactor
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 4.25
  • Total Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Garage Full Bathrooms: 1
  • Three Quarter Bathrooms in the Garage: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 4
  • Fireplaces Main: 4
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4437
  • Square Footage Finished: 4437

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • View: Bay, Sound
  • Waterfront: Bank-Low, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 156' low bank Totten

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Burns Point
  • Water Heater: Garage & furnace room-propane - 2
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Oyster Bay
  • Project: Burns Point Beach
  • Community Features: Boat Launch, Ccrs, Community Waterfront/Pvt Beach

Schools

  • School District: GRF

Lot Info

  • Lot Number: Lot 3
  • Lot Details: Paved Street
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 50530
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Terraces
  • Parcel Number: 37850000300
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 8159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Dec 30, 2015
Sold by
Olyassets Lp
Bought by
Stormans Kevin W
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Karen Hamilton
Coldwell Banker Evergreen
List Price
$850,000
Sold Price
$795,000
Premium/Discount to List
-$55,000
-6.47%
Current Estimated Value
$1,491,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,974
Avg. Annual Appreciation
6.62%
Original Mortgage
$417,000
Outstanding Balance
$331,432
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,160,542

Purchase Details

Closed on
Jul 9, 2015
Sold by
Sowray Gwendoline and Charles Laurence
Bought by
Olyassets Lp

Purchase Details

Closed on
Sep 9, 2010
Sold by
Hodge Linda and Miller Linda M
Bought by
Charles Laurence J and Sowray Gwendoline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.48%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Miller Thomas
Bought by
Hodge Linda and Miller Linda

Purchase Details

Closed on
May 23, 2000
Sold by
Howe Jennifer Jo
Bought by
Miller Thomas A and Miller Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
9.12%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Stormans Kevin W $794,719 Thurston County Title
Olyassets Lp -- None Available
Charles Laurence J $715,000 Stewart Title Of Western Was
Hodge Linda -- None Available
Miller Thomas A $119,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stormans Kevin W $417,000
Previous Owner Charles Laurence J $938,250
Previous Owner Miller Thomas A $95,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2016 01/04/16 Sold $795,000 0.0% $179 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
07/22/2015 07/22/15 Price Changed $795,000 -4.8% $179 / Sq Ft
05/16/2015 05/16/15 Price Changed $835,000 -1.8% $188 / Sq Ft
01/09/2015 01/09/15 For Sale $850,000 -- $192 / 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 $11,613 $1,623,500 $392,400 $1,231,100
2023 $11,613 $1,536,300 $317,900 $1,218,400
2022 $10,219 $1,445,300 $259,000 $1,186,300
2021 $8,806 $1,141,200 $272,300 $868,900
2020 $9,175 $945,800 $266,600 $679,200
2019 $8,372 $857,300 $278,900 $578,400
2018 $8,909 $752,600 $241,000 $511,600
2017 $9,150 $790,550 $162,250 $628,300
2016 $8,448 $828,350 $220,750 $607,600
2014 -- $714,150 $220,750 $493,400
Source: Public Records

Agents Affiliated with this Home

  • Spence Weigand

    Seller's Agent in 2016

    Spence Weigand

    Virgil Adams Real Estate, Inc.

    (360) 789-3160

    137 Total Sales

    Spence Weigand
    Section Image
  • Sue Sandberg

    Seller Co-Listing Agent in 2016

    Sue Sandberg

    Virgil Adams Real Estate, Inc.

    (360) 701-1988

    31 Total Sales

    Sue Sandberg
    Section Image
  • Karen Hamilton

    Buyer's Agent in 2016

    Karen Hamilton

    Coldwell Banker Evergreen Olympic Realty, Inc.

    (360) 951-4949

    72 Total Sales

    Karen Hamilton
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM729954

Northwest Multiple Listing Service (NWMLS)

APN: 37850000300

Washington Thurston County Olympia 98502

7926 Ellison Loop NW, Olympia, WA

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Based on information submitted to the MLS GRID

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