Listed by Morrison House Sotheby's Intl, Bought with NextHome Northwest Group
NOT LISTED FOR SALE

8448 Libby Rd NE Olympia, WA 98506

Olympia Area

Estimated Value: $1,712,000 - $1,945,241

4 Beds
3.5 Baths
4,839 Sq Ft
$385/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2024

Last sale price $1,800,000 $372 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,800 / mo

43 Days on Market

Highlights

  • 227 Feet of Waterfront
  • Views of a Sound
  • Spa
  • Boston Harbor Elementary School Rated A-
  • Greenhouse
  • RV Access or Parking

About This Home

As of November 2024

Unobstructed and sweeping views from this gated waterfront estate on over 3 acres with two tax parcels. Endless possibilities, checking boxes for a variety of lifestyles. A grand dual staircase and vaulted foyer welcome you to this exquisite home. A functional floor plan w/ over 4800 sq feet, main floor primary bed w/ impressive en-suite + spa room, spacious kitchen, formal dining, unique features include secret "art studio," 2 wet bars, workspace & storage below home and 50 solar panels! Gigantic deck to soak in tranquil PNW views. Rare sandy beach w/ boat launch + income producing tidelands! Ample room on acreage w/ organic orchard, greenhouse & chicken coop. An enchanting lifestyle lies ahead on Libby Road...

Last Agent to Sell the Property

Courtney Drennon

Morrison House Sotheby's Intl License #74829 Listed on: 09/17/2024

Morrison House Sotheby's Intl

Last Buyer's Agent

Lorena Evankovich

NextHome Northwest Group License #49214

NextHome Northwest Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2291987

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,803

Year Built

  • Built in 1991

Lot Details

  • 3.06 Acre Lot
  • 227 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Open Space
  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Value in Land
  • Property is in good condition

Parking

  • 4 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Home Design

  • House
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 4,839 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Bulkhead
  • Deck
  • Greenhouse

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Additional Features

  • Solar Power System
  • Pasture

Community Details

  • No Home Owners Association
  • Henderson Inlet Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number 11908220404

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,803

Year Built

Built in 1991

Lot Details

3.06 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1991
  • Buyer Agency Compensation: 2.25
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: House
  • CalculatedSquareFootage: 4839
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: true
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Bath Off Primary, Built-In Vacuum, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hardwood, High Tech Cabling, Hot Tub/Spa, Laminate, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater, Wet Bar, Wired for Generator
  • Living Area: 4839
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 4839
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Bay, Sound, Territorial
  • Lot Features: Open Space, Paved, Secluded, Value In Land
  • View: Yes
  • Waterfront Features: Bank-High, Bank-Medium, Bay/Harbor, Bulkhead, Saltwater
  • Waterfront: Yes
  • Exterior Features: Brick, Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • BusLineNearby: false
  • WaterfrontFootage: 227
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach,Deeded Access,Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: PartiallyFenced, SecurityGate, SecuritySystem
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: WA Water Co.
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 11908220404
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 3.06
  • Lot Size Sq Ft: 133294
  • Zoning Description: SFR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Electric Car Charging,Fenced-Fully,Gas Available,Gated Entry,Green House,High Speed Internet,Hot Tub/Spa,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Green Power: Solar
  • Power Production Type: Electric, Propane, Solar PV

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 19803

Multi Family

  • EnergySource: Electric,Propane,Solar PV

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

Closed on
Dec 11, 2014
Sold by
Bought by
Current Estimated Value
$1,862,810

Purchase Details

Listed on
May 2, 2014
Closed on
Sep 15, 2014
Sold by
Bought by
Seller's Agent
Marie Barth
Red Moon Realty
Buyer's Agent
David Marcoe
Windermere Real Estate Co.
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$650,000
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
-- None Available
$974,719 Thurston County Title
-- First American Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $650,000
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 Prior Sale
11/26/2024 11/26/24 Sold $1,800,000 -9.8% $372 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $1,995,000 +104.6% $412 / Sq Ft
09/19/2014 09/19/14 Sold $975,000 0.0% $242 / Sq Ft View Prior Sale
07/06/2014 07/06/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $975,000 -- $242 / Sq Ft
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 $19,803 $1,967,900 $760,500 $1,207,400
2024 $19,803 $2,126,500 $842,100 $1,284,400
2023 $19,803 $1,923,400 $705,100 $1,218,300
2022 $19,072 $2,197,500 $527,000 $1,670,500
2021 $16,441 $1,660,800 $570,900 $1,089,900
2020 $16,217 $1,311,500 $492,200 $819,300
2019 $13,664 $1,261,400 $561,300 $700,100
2018 $13,972 $1,073,900 $480,600 $593,300
2017 $12,830 $1,015,050 $275,750 $739,300
2016 $13,059 $1,089,650 $360,950 $728,700
2014 -- $994,500 $354,200 $640,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2291987

Northwest Multiple Listing Service (NWMLS)

APN: 11908220404

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