$1,120,000
SOLD JUN 23, 2016

8505 Ski View Ln SW Olympia, WA 98512

4 Beds
2 Baths
5,222 Sq Ft
0.77 Acres

Recently Sold

$214 Per Sq Ft

14% Below List Price

Highlights

  • Docks
  • Spa
  • Lake View
  • Michael T. Simmons Elementary School Rated A-
  • RV Access or Parking
  • Deck

About This Home

As of November 2021

Like a beautiful painting, this alluring property is a work of art. Not having hallways creates a natural and unique flow from one room to the other. Large windows perfectly frame light and views of nature, with each day being a new art piece. Beautiful in-home theater is complemented by reclaimed Olympia theater seats. Kitchen is new and full of frame-less, custom cabinetry by Acorn. Home is at the foot of half mile lake frontage and surrounded by 80 acres of reasonably fenced nature trail.

Last Agent to Sell the Property

Michael Morrison

Morrison House Sotheby's Intl License #50025 Listed on: 05/13/2016

Last Buyer's Agent

Laurie Young

Abbey Realty Inc License #74100

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM942748

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,938

Year Built

  • Built in 1997

Lot Details

  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Lake
  • Territorial

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2 Bathrooms
  • 4 Fireplaces

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Tumwater Community

Listing and Financial Details

  • Assessor Parcel Number 74590001800

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
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Loft, Security System, Solarium/Atrium, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • 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: 4
  • Fireplaces Main: 3
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Main
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5222
  • Square Footage Finished: 5222

Exterior Features

  • Exterior: Brick, Stone, Wood
  • Foundation: Slab
  • 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: Radiant
  • Power Company: Puget Power
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Community Well
  • Water Heater: Garage-Gas
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Tumwater

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: TUM

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Open Space, Paved Street, Secluded
  • Lot Sq Ft: 33429
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 74590001800
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 15374

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
0.22%
Original Mortgage
$1,360,000
Outstanding Balance
$1,259,215
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$455,138

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
3.27%
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 Type Sale Price Title Company
Warranty Deed $1,700,000 Thurston County Title Co
Interfamily Deed Transfer -- Fatco
Quit Claim Deed -- Fatco
Warranty Deed $1,450,000 Thurston County Title Co
Warranty Deed $1,119,719 Thurston County Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- Thurston County Title Co
Warranty Deed -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,360,000 New Conventional
Previous Owner $76,000 New Conventional
Previous Owner $765,000 Unknown
Previous Owner $97,000 Seller Take Back
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: NWM942748

Northwest Multiple Listing Service (NWMLS)

APN: 74590001800