NOT LISTED FOR SALE

8505 Canal Rd SE Yelm, WA 98597

Estimated Value: $427,273 - $438,000

3 Beds
2 Baths
1,344 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $130,000 $97 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $2,560/month

About This Home

As of July 2016

Negotiating highest and best. Snug 1344 sq. ft., rambler on large, nice level 1/2 acre lot. 3 bedrooms, 2 baths. Good investor potential, close to town. Some past remodeling gives a good basis to add touch ups and make it shine again. Owned by Secretary of Veterans Affairs but you don't need to be a vet to purchase. Seller does not warrant appliances. Actual yr. built is 1975 but effective yr. built in County records is 1991. Asset was built prior to 1978, lead based paint potentially exists

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 23, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Woore Benjamin P
Seller's Agent
Jan Willey
Crescent Realty
Buyer's Agent
Dave Champagne
Castle Realty Inc
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$432,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,068
Avg. Annual Appreciation
13.92%
Original Mortgage
$148,816
Outstanding Balance
$120,536
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$311,935

Purchase Details

Closed on
Jan 28, 2016
Sold by
Freedom Mortgage Corporation
Bought by
The Veterans Affairs

Purchase Details

Closed on
Dec 8, 2015
Sold by
Davis Thomas H
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Jun 4, 2008
Sold by
Gay Randy L and Gay Tawnya M
Bought by
Davis Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,853
Interest Rate
6%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2002
Sold by
Short Mark Inho
Bought by
Gay Randy L and Gay Tawyna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
6.84%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Woore Benjamin P -- First American Title
The Veterans Affairs -- Servicelink
Freedom Mortgage Corporation $130,977 None Available
Davis Thomas H $202,500 Talon Group
Gay Randy L $70,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woore Benjamin P $148,816
Previous Owner Davis Thomas H $206,853
Previous Owner Gay Randy L $56,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $130,000 +4.0% $97 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $125,000 -- $93 / Sq Ft

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 $3,224 $341,300 $164,100 $177,200
2023 $3,224 $330,100 $147,100 $183,000
2022 $2,892 $310,100 $105,200 $204,900
2021 $2,560 $262,500 $120,900 $141,600
2020 $2,165 $201,900 $85,700 $116,200
2019 $1,786 $166,700 $59,200 $107,500
2018 $2,034 $149,900 $36,700 $113,200
2017 $1,782 $137,450 $33,350 $104,100
2016 $1,574 $121,000 $42,300 $78,700
2014 -- $114,550 $40,950 $73,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jan Willey

    Crescent Realty

  • Dave Champagne

    Buyer's Agent in 2016

    Dave Champagne

    Castle Realty Inc

    (360) 870-8386

    6 in this area

    130 Total Sales

    Dave Champagne
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Map

Washington Thurston County Yelm 98597

8505 Canal Rd SE, Yelm, WA

This home is located at 8505 Canal Rd SE, Yelm, WA 98597 and is currently estimated at $432,068, approximately $321 per square foot. 8505 Canal Rd SE is a home located in Thurston County with nearby schools including Mill Pond Elementary School, Ridgeline Middle School, and Yelm High School.

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