NOT LISTED FOR SALE

8046 Ellison Loop NW Olympia, WA 98502

Olympia Area

Estimated Value: $513,368 - $617,000

0.54 Acre
$1,034,430 Price per Acre
23,522 Sq Ft Lot

Sale Details

Date Sold: January 15, 2021

Last sale price $150,000

Est. 272% increase in value since last sale

Current estimated payment $3,133 / mo

468 Days on Market

Highlights

  • Views of a Sound
  • Property Fronts a Bay or Harbor
  • Community Boat Launch

About This Lot

As of January 2021

Rare waterfront building lot in an established, peaceful, and desirable neighborhood. Soothing views of Totten Inlet and the Black Hills! Medium bank. There is a three bedroom septic drain-field already installed, so one needs only to connect to the community water system in order to begin building his/ her dream custom home! Community boat launch. Excellent Griffin Schools!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 08/01/2019

Co-Listed By

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340

Last Buyer's Agent

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 08/01/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1499311

Northwest Multiple Listing Service (NWMLS)

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Property Views

  • Views of a Sound
  • Bay Views

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Sloped Lot

Utilities

  • Community Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 37880000300

Community Details

Overview

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

Recreation

  • Community Boat Launch

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR, NO Manufactured Homes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: County Maintained, Paved
  • Road On Which Sideof Property: South
  • View: Bay, Sound
  • Waterfront: Bank-Medium, Bay, Saltwater, Sound
  • Waterfront Frontage: 148' Totten Inlet
  • Water Jurisdiction: Burns Point Water

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Septic System Installed: Y
  • Septic System Type: Sand filter
  • Sewer: Not Available
  • Water: Community Well

Condo/Co-op/Association

  • Community Name: Oyster Bay
  • Community Features: Boat Launch, CCRs

Schools

  • School District: GRF

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 23325
  • Parcel Number: 37880000300
  • Topography: Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 1409

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Dec 28, 2020
Sold by
Bought by
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$558,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,592
Avg. Annual Appreciation
26.52%

Purchase Details

Closed on
Jan 18, 2018
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Chicago Title
-- Stewart Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $150,000 0.0% --
11/11/2020 11/11/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $150,000 -6.3% --
10/22/2019 10/22/19 For Sale $160,000 0.0% --
10/15/2019 10/15/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $160,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $748 $275,200 $209,400 $65,800
2024 $748 $173,900 $173,900
2023 $748 $116,300 $116,300 $0
2022 $1,216 $139,700 $139,700 $0
2021 $1,089 $160,700 $160,700 $0
2020 $1,750 $130,500 $130,500 $0
2019 $1,409 $182,500 $182,500 $0
2018 $1,585 $149,800 $149,800 $0
2017 $1,359 $131,950 $131,950 $0
2016 $767 $152,300 $152,300 $0
2014 -- $152,300 $152,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1499311

Northwest Multiple Listing Service (NWMLS)

APN: 37880000300

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