NOT LISTED FOR SALE

8038 61st Ave NE Olympia, WA 98516

Estimated Value: $682,000 - $1,047,000

3 Beds
1 Bath
1,224 Sq Ft
$772/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $735,000 $600 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,798/month

32 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Deck
  • Storm Windows
  • Views of a Sound
  • No HOA
  • Home Security System

About This Home

As of August 2022

Adorable waterfront bungalow with jaw-dropping views of the Olympics, the Nisqually Reach, the Key Peninsula, and Anderson and McNeil Islands! Cement bulkhead, stairs to beach, and ownership of the tidelands. Private setting with covered view deck. Individual well and pressurized septic. Low maintenance grounds. New electrical panel. Cozy living room with exposed beams and wood-burning fireplace. This is a fantastic place to "cocoon" with day-to-day living or to escape to as a second home! Lovingly maintained over the years. Just a short jaunt to Tolmie State Park and conveniently located close to shopping and freeway access. You must see this precious little gem!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 06/10/2022

Last Buyer's Agent

Jesse Nelson

AgencyOne License #38425

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1949957

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 1946

Lot Details

  • 0.74 Acre Lot
  • 65 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • South Facing Home
  • Level Lot
  • Property is in good condition

Parking

  • Driveway

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Deck
  • Outbuilding

Schools

  • South Bay Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Private Water Source
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11923130400

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,914

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1946
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,TrashCompactor,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1224
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,062

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Trash Compactor, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Double Pane/Storm Window, Security System, Water Heater
  • Living Area: 1224
  • Main Level Bedrooms: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1224
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Trash Compactor,Washer

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-High, Bay/Harbor, Bulkhead, Sound, Tideland Rights
  • Waterfront: Yes
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 65' Nisqually Reach

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electricity Available
  • HeatingCoolingType: Baseboard
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Private well
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 11923130400
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.74
  • Lot Size Sq Ft: 32234
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5914

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 10, 2022
Sold by
Robert D Campbell Family Llc
Bought by
Holowaty Vernon and Holowaty Christina
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Jesse Nelson
AgencyOne
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%
Current Estimated Value
$944,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,754
Avg. Annual Appreciation
9.01%
Original Mortgage
$661,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2000
Sold by
Campbell Robert D and Campbell Marna M
Bought by
Robert D Campbell Family Llc

Purchase Details

Closed on
Mar 3, 1997
Sold by
Campbell Robert D and Campbell Marna M
Bought by
Campbell Robert D and Campbell Marna M
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
Holowaty Vernon $735,000 Chicago Title
Robert D Campbell Family Llc -- --
Campbell Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holowaty Christina Maryanne $720,000
Closed Holowaty Vernon $661,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $735,000 -5.8% $600 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $779,900 -2.5% $637 / Sq Ft
06/10/2022 06/10/22 For Sale $799,900 -- $654 / 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 $6,416 $750,700 $576,900 $173,800
2023 $6,416 $647,600 $459,100 $188,500
2022 $6,141 $596,500 $399,800 $196,700
2021 $5,915 $511,800 $375,700 $136,100
2020 $5,363 $457,300 $353,600 $103,700
2019 $4,242 $424,500 $339,000 $85,500
2018 $4,781 $342,500 $260,500 $82,000
2017 $3,985 $292,800 $194,400 $98,400
2016 $3,473 $271,500 $181,400 $90,100
2014 -- $246,650 $177,450 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1949957

Northwest Multiple Listing Service (NWMLS)

APN: 11923130400