Listed by Blue Summit Realty LLC, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

7926 Incline Ct SE Olympia, WA 98513

Estimated Value: $610,000 - $899,000

3 Beds
6 Baths
5,664 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $220,000 $39 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $4,545/month

133 Days on Market

About This Home

As of July 2014

This property offers tremendous potential in this large rambler w/daylight basement has 3 bedroom, 3.5 baths, large living room, family room, big kitchen and 3 fireplaces. Home sits on 3 lots totaling .52 acres plus 2nd detached dwelling unit w/2+ bedroom, 1.5 bath on cul-de-sac w/lake access. Covered deck & patio to enjoy. All this in a peaceful and quiet location of Sunwood Lakes Community. Seller makes no representation or warranties as to the conditions and property is sold "AS IS-WHERE IS".

Last Agent to Sell the Property

Denice Durila

Blue Summit Realty LLC License #79080 Listed on: 12/02/2013

Last Buyer's Agent

Tim Abbey

Abbey Realty Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM570601

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$7,958

Year Built

1978

Lot Details

0

Listing Details

  • Condition: Fair
  • Form 17: Exempt
  • Special Features: 20
  • Year Built: 1978

Interior Features

  • Basement: Daylight, Fully Finished
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Skylights
  • Floor: Laminate, Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Building Information: Additional Dwelling
  • Community Features: Boat Launch, CCRs, Private Beach Access
  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Cul-de-sac, Paved Street
  • Roof: Composition
  • Site Features: Deck, Partial Fence, Patio, Propane, RV Parking
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Baseboard, Forced Air
  • Heating and Cooling: Baseboard, Forced Air
  • Power Company: PSE
  • Sewer: Septic
  • Water Source: Community

Schools

  • School District: TUM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jun 30, 2014
Sold by
U S Bank National Association
Bought by
Mcgowan Michael F
Seller's Agent
Denice Durila
Blue Summit Realty LLC
Buyer's Agent
Tim Abbey
Abbey Realty Inc
List Price
$272,900
Sold Price
$220,000
Premium/Discount to List
-$52,900
-19.38%
Current Estimated Value
$732,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,324
Avg. Annual Appreciation
11.23%
Original Mortgage
$250,381
Outstanding Balance
$187,742
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$544,582

Purchase Details

Closed on
Nov 12, 2013
Sold by
Gelpi Rafael A and Garcia Gelpi Lorraine
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 31, 2005
Sold by
Wiggins Bobby Lee and Wiggins Ki Yul
Bought by
Gelpi Rafael A and Garcia Gelpi Loraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 2000
Sold by
Carlock Mabel
Bought by
Wiggins Bobby Lee and Wiggins Ki Yul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
10.75%
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
Mcgowan Michael F $220,000 Chicago Title Company
U S Bank National Association $267,890 None Available
Gelpi Rafael A -- Chicago Title Co
Wiggins Bobby Lee $156,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Michael F $250,381
Previous Owner Gelpi Rafael A $60,000
Previous Owner Gelpi Rafael A $240,000
Previous Owner Wiggins Bobby Lee $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2014 07/02/14 Sold $220,000 -4.3% $39 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
03/19/2014 03/19/14 Price Changed $229,900 -8.0% $41 / Sq Ft
02/03/2014 02/03/14 Price Changed $249,900 -5.7% $44 / Sq Ft
01/09/2014 01/09/14 Price Changed $264,900 -2.9% $47 / Sq Ft
12/02/2013 12/02/13 For Sale $272,900 -- $48 / 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 $7,958 $755,400 $203,800 $551,600
2023 $7,958 $770,500 $178,800 $591,700
2022 $7,616 $778,800 $143,200 $635,600
2021 $6,335 $638,700 $145,500 $493,200
2020 $6,439 $482,500 $126,000 $356,500
2019 $5,894 $482,000 $62,500 $419,500
2018 $5,612 $412,800 $58,000 $354,800
2017 $5,207 $372,200 $77,600 $294,600
2016 $5,065 $369,250 $68,750 $300,500
2014 -- $362,400 $69,600 $292,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM570601

Northwest Multiple Listing Service (NWMLS)

APN: 78060009400