NOT LISTED FOR SALE

8314 Walnut Rd NE Olympia, WA 98516

Estimated Value: $1,251,000 - $1,438,000

4 Beds
4 Baths
3,662 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $1,260,000 $344 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,910/month

9 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Spa
  • Two Primary Bedrooms
  • Views of a Sound
  • RV Access or Parking
  • Fruit Trees

About This Home

As of July 2023

From the moment you set foot on the property you will be wowed by jaw-dropping 180 degree plus views of the Nisqually Reach, Mt. Rainier, Anderson Island, and the Longbranch Peninsula! Great set of stairs to the sandy, pebbly beach and ownership of the tidelands. Level, usable double-lot with mature landscaping, view deck, and gazebo/hot tub. Garden shed and automatic generator. Super quiet and peaceful location. Do all your day-to-day living on one level with ample overflow living space below! The home has been superbly maintained over the years with no signs of deferred maintenance. Make it yours!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 05/22/2023

Last Buyer's Agent

Jim Greene

Olympic Sotheby's Int'l Realty License #23709

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2068407

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,111

Year Built

  • Built in 1960

Lot Details

  • 1.07 Acre Lot
  • 140 Feet of Waterfront
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • West Facing Home
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is in very good condition
  • Zoning described as RRR 1/5

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,662 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Storm Windows
  • Partially Finished Basement

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Double Master Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Gazebo

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Generator Hookup
  • Propane
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Johnson Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11910220500

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,111

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1960
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3662
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 717

Interior Features

  • Fireplaces: 3
  • Basement: Partially Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate, Second Primary Bedroom, Wired for Generator, Bath Off Primary, Double Pane/Storm Window, Dining Room, Jetted Tub, Walk-In Pantry, Fireplace
  • Living Area: 3662
  • Main Level Bedrooms: 4
  • Bathrooms: 3.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 3662
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 2
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Medium, Bay/Harbor, Saltwater, Sound
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 140' medium bank Nis
  • WaterAccess: Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: 3-party well

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: 11910220500
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.07
  • Lot Size Sq Ft: 46609
  • Zoning Description: RRR 1/5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,High Speed Internet,Hot Tub/Spa,Propane,RV Parking,Sprinkler System
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11111

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: South Bay Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 27, 2023
Sold by
Smircich Ronald J and Smircich Ursula K
Bought by
Winkle James E and Winkle Sheryl L
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Jim Greene
Olympic Sotheby's Int'l Realty
List Price
$1,395,000
Sold Price
$1,260,000
Premium/Discount to List
-$135,000
-9.68%
Total Days on Market
9
Views
16
Current Estimated Value
$1,313,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,290
Avg. Annual Appreciation
2.16%
Original Mortgage
$999,999
Outstanding Balance
$980,210
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$333,080

Purchase Details

Closed on
Dec 4, 2012
Sold by
Smircich Ronald J
Bought by
Smircich Ronald J and Fischer Smircich Ursula K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,800
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2000
Sold by
Smircich Marien E
Bought by
Smircich Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.55%
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
Winkle James E $1,260,000 Chicago Title
Smircich Ronald J -- First American Title
Smircich Ronald J $53,595 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winkle James E $999,999
Previous Owner Smircich Ronald J $186,800
Previous Owner Smircich Ronald J $50,000
Previous Owner Smircich Ronald J $181,000
Previous Owner Smircich Ronald J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $1,260,000 -9.7% $344 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $1,395,000 -- $381 / 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 $11,275 $1,262,000 $662,900 $599,100
2023 $11,275 $1,160,400 $553,300 $607,100
2022 $11,132 $1,130,500 $460,700 $669,800
2021 $10,193 $946,900 $484,800 $462,100
2020 $9,266 $803,200 $447,400 $355,800
2019 $7,309 $749,000 $457,300 $291,700
2018 $8,144 $596,200 $322,500 $273,700
2017 $7,231 $546,700 $214,500 $332,200
2016 $5,876 $501,500 $230,100 $271,400
2014 -- $429,700 $225,100 $204,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2068407

Northwest Multiple Listing Service (NWMLS)

APN: 11910220500