NOT LISTED FOR SALE

8104 Ellison Loop NW Olympia, WA 98502

Estimated Value: $330,795 - $831,000

0.42 Acre
$1,383,090 Price per Acre
18,295 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $300,000 $140 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,489/month

13 Days on Market

Highlights

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

About This Lot

As of December 2021

Looking to build a new waterfront home? Here is the perfect opportunity! No need to wait months for approval, this seller has permits in hand, plans draw up, builder ready to go and foundation, water and septic already in place. Permits and plans were procured to replace the 2136 sf house that existed before. Builder estimate of $425,000-$460,000 to construct. A buyer should be able to adjust the floor plans and size as long as they stay within the existing footprint - buyer to verify. 100' of waterfront with shared access to the beach, amazing views of Oyster Bay & Totten Inlet. Just imagine what the views would be like through floor to ceilings windows!! Building permits in hand for house and septic tank replacement which is needed.

Last Agent to Sell the Property

Mitch Dietz

Coldwell Banker Evergreen License #24002319 Listed on: 11/11/2021

Coldwell Banker Evergreen

Last Buyer's Agent

Paul McLain

RE/MAX Parkside Affiliates License #19412

RE/MAX Parkside Affiliates

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1863657

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,731

Year Built

  • 1978

Lot Details

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

Property Views

  • Views of a Sound
  • Bay Views

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 37880000600

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

Est. Annual Taxes

$2,731

Year Built

1978

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1978

Interior Features

  • Approved Number of Bedrooms: 2

Exterior Features

  • Road Information: Paved
  • View: Bay, Sound
  • Waterfront: Bank-Medium, Bay, Saltwater, Sound
  • Waterfront Frontage: 100

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 2
  • Septic System Installed: Y
  • Sewer: Not Available
  • Water: Community Well

Condo/Co-op/Association

  • Community Name: Oyster Bay
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF
  • Junior High: Griffin Mid School

Lot Info

  • General Zoning Classification: Residential
  • Lot Sq Ft: 18295
  • Parcel Number: 37880000600
  • Topography: Level, Sloped
  • Zoning Jurisdiction: County

MLS Schools

  • Elementary School: Griffin Elem
  • Senior High: Capital High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Bonds and Kristi
Bought by
C Bonds Properties Llc
Total Days on Market
13
Current Estimated Value
$580,898

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 13, 2021
Sold by
Vroman Richard T and Vroman Erin L
Bought by
Bonds Chris and Bonds Kristi
Seller's Agent
Mitch Dietz
Coldwell Banker Evergreen
Buyer's Agent
Paul McLain
RE/MAX Parkside Affiliates
List Price
$400,000
Sold Price
$300,000
Premium/Discount to List
-$100,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.91%

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jun 15, 2018
Sold by
Saplan Jeffrey D
Bought by
Vroman Richard T and Vroman Erin L
Seller's Agent
Christine Bowers
Keller Williams Realty PS
Buyer's Agent
Mitch Dietz
Coldwell Banker Evergreen
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.91%
Original Mortgage
$320,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2016
Sold by
Saplan Karalee
Bought by
Saplan Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.43%

Purchase Details

Closed on
Feb 27, 2003
Sold by
Saplan Karalee
Bought by
Saplan Jeffrey D and Saplan Karalee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
5.85%

Purchase Details

Closed on
May 30, 2000
Sold by
Taylor Barbara Barnes
Bought by
Saplan Karalee Taylor

Purchase Details

Closed on
Aug 6, 1997
Sold by
Jacobsen M Lyle and Melinda Jacobsen M
Bought by
Taylor Barbara Barnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.57%
Source: Public Records

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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
C Bonds Properties Llc -- None Listed On Document
Bonds Chris $300,000 Thurston County Title Co
Vroman Richard T $399,719 Stewart Title Co
Saplan Jeffrey -- --
Saplan Jeffrey D -- Thurston County Title
Saplan Karalee Taylor -- --
Taylor Barbara Barnes $282,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vroman Richard T $303,500
Previous Owner Vroman Richard T $320,000
Previous Owner Saplan Jeffrey --
Previous Owner Saplan Karalee $40,000
Previous Owner Saplan Jeffrey D $275,000
Previous Owner Saplan Jeff $50,000
Previous Owner Saplan Jeffrey D $160,500
Previous Owner Taylor Barbara Barnes $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $300,000 -14.2% $140 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/24/2021 11/24/21 Price Changed $349,500 -12.6% $164 / Sq Ft
11/11/2021 11/11/21 For Sale $400,000 0.0% $187 / Sq Ft
06/19/2018 06/19/18 Sold $400,000 -7.0% $187 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $430,000 0.0% $201 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/30/2018 03/30/18 Price Changed $430,000 -4.4% $201 / Sq Ft
03/15/2018 03/15/18 For Sale $450,000 -- $211 / 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 $2,731 $960,400 $425,900 $534,500
2023 $2,731 $360,300 $360,300 $0
2022 $3,018 $304,600 $304,600 $0
2021 $4,981 $328,600 $289,500 $39,100
2020 $5,398 $530,300 $308,300 $222,000
2019 $4,663 $500,500 $313,100 $187,400
2018 $4,882 $408,800 $243,100 $165,700
2017 $4,133 $352,400 $148,800 $203,600
2016 $3,878 $360,950 $160,450 $200,500
2014 -- $326,150 $160,450 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1863657

Northwest Multiple Listing Service (NWMLS)

APN: 37880000600