NOT LISTED FOR SALE

7929 Ellison Loop NW Olympia, WA 98502

Estimated Value: $404,000

0.67 Acre
$602,985 Price per Acre
29,185 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $85,000

Est. 375% increase in value since last sale

Current estimated payment $2,335/month

64 Days on Market

Highlights

  • Waterfront Community
  • Views of a Sound
  • Secluded Lot

About This Lot

As of June 2021

Burns Point Beautiful lot, forested, partially cleared, 2br septic installed, paved road, water on property, seconds from the Puget Sound. This lot is minutes from Olympia and from Shelton, secluded, and offers your dream of pristine forest living in an established waterfront community. With peek a boo views of the sound this will make for a great home site. An opportunity to live on Burns Point is infrequent, so don’t wait.

Last Agent to Sell the Property

Justin Carter

Castle Realty Inc License #127545 Listed on: 04/14/2021

Last Buyer's Agent

Marcy Gigante-Holmes

John L. Scott Lacey License #21000455

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1757697

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $911

Lot Details

  • Secluded Lot
  • Sloped Lot

Additional Features

  • Views of a Sound
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 37870000500

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

$911

Lot Details

0

Listing Details

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

Exterior Features

  • Road Information: Paved
  • View: Sound

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Septic System Installed: Y
  • Sewer: Not Available
  • Water: Community Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Buyer To Verify
  • School District: GRF

Lot Info

  • Lot Number: 5
  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially
  • Lot Details: Paved Street, Secluded
  • Lot Sq Ft: 29290
  • Parcel Number: 37870000500
  • Topography: Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 24, 2021
Sold by
Overbey Jason E and Overbey Brenda A
Bought by
Delackner Seth and Delackner Yuri
Seller's Agent
Justin Carter
Castle Realty Inc
Buyer's Agent
Marcy Gigante-Holmes
John L. Scott Lacey
List Price
$104,500
Sold Price
$85,000
Premium/Discount to List
-$19,500
-18.66%
Total Days on Market
64
Current Estimated Value
$404,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,000
Avg. Annual Appreciation
39.21%

Purchase Details

Listed on
Jan 30, 2018
Closed on
Sep 17, 2018
Sold by
Pinces Michael L and Pinces Marian T
Bought by
Overbey Joson E and Overbey Brenda A
Seller's Agent
John Hill
Van Dorm Realty, Inc.
Buyer's Agent
Sandy Lorenz
Van Dorm Realty, Inc
List Price
$79,900
Sold Price
$67,000
Premium/Discount to List
-$12,900
-16.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Paradiso Johnnie Clay
Bought by
Pinces Michael L and Pinces Marian T

Purchase Details

Closed on
Dec 10, 2008
Sold by
Paradiso Johnnie Clay
Bought by
Paradiso Johnnie Clay

Purchase Details

Closed on
Jul 11, 2006
Sold by
The Revocable Living Tr Of John Paradiso
Bought by
Paradiso Nina C and Paradiso Nina Clay

Purchase Details

Closed on
Sep 1, 2005
Sold by
Johnson Donald S and Johnson Penny J
Bought by
The Revocable Living Trust John Paradiso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.64%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Delackner Seth $85,000 Chicago Title Lacey
Overbey Joson E $66,719 Chicago Title
Pinces Michael L $67,000 Thurston County Title
Paradiso Johnnie Clay -- None Available
Paradiso Nina C -- Thurston County Title Co
The Revocable Living Trust John Paradiso -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Revocable Living Trust John Paradiso $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $85,000 -18.7% --
06/17/2021 06/17/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $104,500 0.0% --
04/21/2021 04/21/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $104,500 +56.0% --
09/21/2018 09/21/18 Sold $67,000 -16.1% --
08/23/2018 08/23/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $79,900 -- --
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 $911 $145,000 $145,000 --
2023 $911 $142,800 $142,800 $0
2022 $786 $112,800 $112,800 $0
2021 $629 $102,300 $102,300 $0
2020 $557 $73,900 $73,900 $0
2019 $451 $56,100 $56,100 $0
2018 $555 $51,100 $51,100 $0
2017 $529 $49,700 $49,700 $0
2016 $577 $52,800 $52,800 $0
2014 -- $55,600 $55,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1757697

Northwest Multiple Listing Service (NWMLS)

APN: 37870000500