Listed by Realty One Group Bold, Bought with MVP Realty Group
NOT LISTED FOR SALE

8536 Rich Rd SE Olympia, WA 98501

Estimated Value: $693,000 - $769,422

3 Beds
2 Baths
1,997 Sq Ft
$371/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $525,000 $263 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,535/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Secluded Lot
  • East Olympia Elementary School Rated A-
  • Mountain View
  • Traditional Architecture

About This Home

As of June 2020

Dreaming of the quiet country life? Acreage and your own view of Mt Rainier? This home sits on a peaceful and level 2.6 acres. Drive down the private tree lined road to this well cared for gem. Notice the updated laminate flooring, remodeled kitchen, large pantry, granite counter tops, and ss appliances. Walk-in closet in master with door to the patio. Delicious fruit & nut orchards. New barn-style 392 sqft outbuilding is perfect as livable or office space. Country living at it's finest.

Last Agent to Sell the Property

Emily Oberoi

Realty One Group Bold License #113587 Listed on: 05/28/2020

Realty One Group Bold

Last Buyer's Agent

Matthew Plummer

MVP Realty Group License #23345

MVP Realty Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1607561

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1991

Lot Details

  • 2.65 Acre Lot
  • Dirt Road
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is in good condition
  • Zoning described as RRR 1/5

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,997 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 2 Fireplaces
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • East Olympia Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • East Olympia Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 39910800100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,132

Year Built

Built in 1991

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1991
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,SeeRemarks,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Chambers
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1997
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 63

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Hardwood, Laminate, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Water Heater
  • Living Area: 1997
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 1997
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,See Remarks,Washer

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Territorial
  • Lot Features: Dead End Street, Dirt Road, Open Space, Secluded, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

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
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Fully Fenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Propane, Wood
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Association Fee: 10
  • Association Fee Frequency: Monthly
  • Common Interest: Residential

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 39910800100
  • Topography: Level
  • Lot Size Acres: 2.653
  • Lot Size Sq Ft: 115565
  • Zoning Description: RRR 1/5
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,Propane,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Electric, Propane, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5132

MLS Schools

  • Elementary School: East Olympia Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 29, 2020
Sold by
Fogleman Brent and Fogleman Tanja Struyck
Bought by
Brown Mark L and Brown Kristen L
Seller's Agent
Emily Oberoi
Realty One Group Bold
Buyer's Agent
Matthew Plummer
MVP Realty Group
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%
Current Estimated Value
$741,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,606
Avg. Annual Appreciation
7.47%
Original Mortgage
$420,000
Outstanding Balance
$373,938
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$389,066

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 22, 2019
Sold by
Mahium Howard K and Mahium Terry L
Bought by
Fogleman Brent and Fogleman Tanja Strutck
Seller's Agent
Terry Mahlum
RE/MAX Advantage
Buyer's Agent
Debra Truelove
Coldwell Banker Bain
List Price
$450,000
Sold Price
$445,500
Premium/Discount to List
-$4,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%
Original Mortgage
$423,220
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2014
Sold by
Mahlum Howard K and Mahlum Terry L
Bought by
The County Of Thurston

Purchase Details

Closed on
Mar 22, 2006
Sold by
Mahlum Howard K and Mahlum Terry L
Bought by
Mahlum Howard K and Mahlum Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,385
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Brown Mark L $525,000 Thurston County Title Co
Fogleman Brent $445,500 First American Title Co
The County Of Thurston -- None Available
Mahlum Howard K -- Transunion Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mark L $150,000
Open Brown Mark L $420,000
Previous Owner Fogleman Brent $423,220
Previous Owner Mahlum Howard K $148,385
Previous Owner Mahlum Howard K $128,498
Previous Owner Mahlum Howard K $39,000
Previous Owner Mahlum Howard K $280,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $525,000 +1.9% $263 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $515,000 +15.6% $258 / Sq Ft
05/10/2019 05/10/19 Sold $445,500 -1.0% $223 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $450,000 -- $225 / 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 $6,181 $680,700 $237,700 $443,000
2023 $6,181 $603,500 $263,200 $340,300
2022 $5,729 $581,800 $162,600 $419,200
2021 $5,846 $484,400 $167,200 $317,200
2020 $5,766 $451,700 $147,100 $304,600
2019 $3,537 $437,500 $145,700 $291,800
2018 $5,098 $380,900 $116,800 $264,100
2017 $4,872 $354,150 $109,650 $244,500
2016 $4,250 $329,650 $110,150 $219,500
2014 -- $308,100 $99,200 $208,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1607561

Northwest Multiple Listing Service (NWMLS)

APN: 39910800100