NOT LISTED FOR SALE

8505 Ski View Ln SW Olympia, WA 98512

Estimated Value: $1,490,000 - $1,918,093

4 Beds
2 Baths
5,222 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $1,700,000 $326 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,185/month

Highlights

  • Waterfront Community
  • Docks
  • Lake View
  • Michael T. Simmons Elementary School Rated A-
  • Community Boat Launch
  • Clubhouse

About This Home

As of November 2021

Welcome home to Ski View Estate, A stunning residence on the shores of Thurston County’s premier tournament grade water ski lake and private gated 120 acre community. A 5,222sf custom Jack Arnold designed natural stone and brick residence with cedar beam, lintel, copper gutters and shake accents featuring authentic materials imported from France including early 1900’s brick flooring. Perfectly set upon a large, 33,429sf level lot with mature landscaping and bordered by 131 lineal feet of sandy beach, no bank waterfront. Featuring 4 bedrooms and 6 bathrooms including Main floor master suite boasting vaulted ceilings, ample closet, five piece bath with claw foot soaking tub & sun room with western lake views opening blue stone courtyard.

Last Agent to Sell the Property

Scott Richards

Windermere Real Estate/East License #17884 Listed on: 09/15/2021

Windermere Real Estate/East

Co-Listed By

Stephanie Haner

Windermere Real Estate/East License #139919

Last Buyer's Agent

Bana Labib

Blue Summit Realty LLC License #81391

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1837397

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,938

Year Built

  • Built in 1997

Lot Details

  • Street terminates at a dead end
  • Gated Home
  • Level Lot
  • Irrigation

Parking

  • Attached Garage

Property Views

  • Lake
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite
  • Stone

Interior Spaces

  • 2 Bathrooms
  • 6 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Travertine

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio
  • Gazebo

Schools

  • Black Lake Elementary School
  • Tumwater Mid Middle School

Utilities

  • Shared Water Source
  • Shared Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74590001800

Community Details

Overview

  • Tumwater Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,938

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Effective Year Built: 1997
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Features: Wet Bar, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Loft, Security System, Vaulted Ceilings, Walk-In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet, Travertine
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 4.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 6
  • Fireplaces Main: 3
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5222
  • Square Footage Finished: 5222
  • Total Square Footage: 5222

Exterior Features

  • Exterior: Brick, Stone, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Territorial
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 131

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Radiant, 90%+ High Efficiency
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Community Well
  • Water Source: Community, Shared Well, Shares

Condo/Co-op/Association

  • HOA Fees: 200
  • Community Name: Tumwater
  • Community Features: Boat Launch, CCRs, Clubhouse, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Black Lake Elem
  • Middle School: Tumwater Mid
  • High School: A G West Black Hills
  • School District: TUM
  • Junior High: Tumwater Mid

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 33429
  • Lot Topography Vegetation: Level
  • Parcel Number: 74590001800
  • Lot Topography: Level

Tax Info

  • Year: 2021
  • Tax Amount: 18279

MLS Schools

  • Elementary School: Black Lake Elem
  • Senior High: A G West Black Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 16, 2021
Sold by
Hughes Kevin
Bought by
Hall Griselda and Hall Harvey W
Seller's Agent
Scott Richards
Windermere Real Estate/East
Buyer's Agent
Bana Labib
Blue Summit Realty LLC
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Current Estimated Value
$1,654,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,227
Avg. Annual Appreciation
-1.25%
Original Mortgage
$1,360,000
Outstanding Balance
$1,259,215
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$360,338

Purchase Details

Closed on
Feb 24, 2021
Sold by
Hughes Tracy
Bought by
Hughes Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jul 16, 2020
Sold by
Stephens Irene A and The Stephens Living Trust
Bought by
Total Compensation Consulting Llc
Seller's Agent
Jessica Poulous
BHGRE - Northwest Home Team
Buyer's Agent
Heidi Ryan
Heidi Ryan Realty
List Price
$1,399,900
Sold Price
$1,450,000
Premium/Discount to List
$50,100
3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$765,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 20, 2016
Sold by
Pollastro Michael J
Bought by
Stephens Irene A and The Stephens Living Trust
Seller's Agent
Michael Morrison
Morrison House Sotheby's Intl
Buyer's Agent
Laurie Young
Abbey Realty Inc
List Price
$1,295,000
Sold Price
$1,120,000
Premium/Discount to List
-$175,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Oct 9, 2008
Sold by
Pollastro Michael J
Bought by
Pollastro Michael J and Michael J Pollastro Trust

Purchase Details

Closed on
Sep 13, 1995
Sold by
Pacific Security Companies
Bought by
Strathmore Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 16, 1995
Sold by
Strathmore Inc
Bought by
Pollastro Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.63%
Mortgage Type
Seller Take Back
Source: Public Records

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
Hall Griselda $1,700,000 Thurston County Title Co
Hughes Kevin -- Fatco
Hughes Kevin -- Fatco
Total Compensation Consulting Llc $1,450,000 Thurston County Title Co
Stephens Irene A $1,119,719 Thurston County Title
Pollastro Michael J -- None Available
Strathmore Inc -- Thurston County Title Co
Pollastro Michael J -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Griselda $1,360,000
Previous Owner Hughes Kevin $76,000
Previous Owner Total Compensation Consulting Llc $765,000
Previous Owner Pollastro Michael J $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $1,700,000 -5.6% $326 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,800,000 +24.1% $345 / Sq Ft
07/17/2020 07/17/20 Sold $1,450,000 +3.6% $278 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $1,399,900 +25.0% $268 / Sq Ft
06/23/2016 06/23/16 Sold $1,120,000 -10.3% $214 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/20/2016 05/20/16 Price Changed $1,249,000 -3.6% $239 / Sq Ft
05/13/2016 05/13/16 For Sale $1,295,000 -- $248 / 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 $16,938 $1,734,900 $434,400 $1,300,500
2023 $16,938 $1,643,100 $391,300 $1,251,800
2022 $19,266 $1,756,200 $279,700 $1,476,500
2021 $18,279 $1,566,400 $292,200 $1,274,200
2020 $18,179 $1,338,400 $283,500 $1,054,900
2019 $17,147 $1,284,900 $223,600 $1,061,300
2018 $16,088 $1,173,000 $201,300 $971,700
2017 $16,983 $1,197,500 $210,900 $986,600
2016 $16,275 $1,112,900 $192,100 $920,800
2014 -- $1,147,600 $209,800 $937,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1837397

Northwest Multiple Listing Service (NWMLS)

APN: 74590001800