Listed by City Realty, Inc., Bought with RE/MAX Advantage
NOT LISTED FOR SALE

8149 Walnut Rd NE Olympia, WA 98516

Estimated Value: $762,000 - $850,202

2 Beds
1.5 Baths
1,818 Sq Ft
$449/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $770,000 $424 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,928/month

4 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Fruit Trees
  • No HOA
  • Views of a Sound
  • Deck
  • 3 Car Attached Garage

About This Home

As of January 2023

This is an amazing opportunity to own a piece of sought-after Johnson Point water-front with EPIC unobstructed views of Mount Rainier. high bank yard drops on to 110 ft of easy access beach. This home has so much potential to shine with a little TLC. Adjacent to Puget Marina, there is a boat ramp and ample boat parking that could be negotiated!

Last Agent to Sell the Property

Candice Rambo

City Realty, Inc. License #115389 Listed on: 08/25/2022

City Realty, Inc.

Last Buyer's Agent

Jessica Liederbach

RE/MAX Advantage License #71251

RE/MAX Advantage

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1988041

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1966

Lot Details

  • 1.81 Acre Lot
  • 110 Feet of Waterfront
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land

Parking

  • 3 Car Attached Garage

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • Private Water Source
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Johnson Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11910310200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,490

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1966
  • Inclusions: Dishwasher,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1818
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Dining Room, Water Heater
  • Living Area: 1818
  • Main Level Bedrooms: 2
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1818
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • Lot Features: Value In Land
  • View: Yes
  • Waterfront Features: Bank-Medium
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Post & Block
  • Structure Type: House
  • WaterfrontFootage: 110

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Heating Yn: Yes
  • HeatingCoolingType: Baseboard
  • 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: 11910310200
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.81
  • Lot Size Sq Ft: 78844
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Outbuildings
  • MLSLotSizeSource: tax
  • MLSSquareFootageSource: tax
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3490

Multi Family

  • EnergySource: Electric,Oil

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Jan 14, 2023
Sold by
Norton Mary
Bought by
Liederbach Jessica
Seller's Agent
Candice Rambo
City Realty, Inc.
Buyer's Agent
Jessica Liederbach
RE/MAX Advantage
List Price
$839,000
Sold Price
$770,000
Premium/Discount to List
-$69,000
-8.22%
Views
6
Current Estimated Value
$815,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,551
Avg. Annual Appreciation
2.14%
Original Mortgage
$616,000
Outstanding Balance
$596,564
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$218,987

Purchase Details

Closed on
Feb 27, 2013
Sold by
Tracy Mable A and Jensen Mable Alice
Bought by
Norton George B and Norton Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Liederbach Jessica $770,000 Wfg National Title
Norton George B $290,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liederbach Jessica $616,000
Previous Owner Norton George B $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $770,000 -8.2% $424 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $839,000 -- $461 / 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 $7,052 $798,200 $534,000 $264,200
2023 $7,052 $714,500 $431,400 $283,100
2022 $6,981 $659,800 $352,200 $307,600
2021 $6,418 $584,900 $368,800 $216,100
2020 $6,117 $497,900 $328,700 $169,200
2019 $12,468 $487,100 $350,700 $136,400
2018 $5,516 $397,800 $264,700 $133,100
2017 $5,060 $376,800 $206,900 $169,900
2016 $5,271 $428,250 $260,350 $167,900
2014 -- $383,500 $254,700 $128,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1988041

Northwest Multiple Listing Service (NWMLS)

APN: 11910310200