NOT LISTED FOR SALE

8603 Island View Dr NE Olympia, WA 98506

Estimated Value: $1,171,000 - $1,317,000

4 Beds
1 Bath
3,050 Sq Ft
$404/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $950,000 $311 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,495/month

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Deck
  • Boston Harbor Elementary School Rated A-
  • Fruit Trees
  • Northwest Architecture

About This Home

As of March 2021

Jaw Dropping VIEWS! Dana Passage, Harstine Island and the Olympics perfectly framed from the oversized trex deck and can be viewed from almost every room inside. Sights and Sounds of the Puget Sound are unmatched. Tranquil property w/ open floor plan, 2 kitchens creates an excellent space for entertaining. Main Floor Master, possible MIL on lower level. Large shop for boat storage or hobbies W/ studio above. Beautifully textured landscaping. For those seeking serenity...

Last Agent to Sell the Property

Courtney Drennon

Morrison House Sotheby's Intl License #74829 Listed on: 09/27/2020

Morrison House Sotheby's Intl

Last Buyer's Agent

Rebecca Del Pozo

Keller Williams Realty License #25940

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1669818

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,618

Year Built

  • Built in 1957

Lot Details

  • Property fronts a saltwater canal
  • Open Space
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land

Property Views

  • Views of a Sound
  • Bay
  • Strait Views
  • Mountain
  • Territorial

Home Design

  • Northwest Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite
  • Stone

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Ceramic Tile Flooring
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Private Water Source
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Fishtrap Community

Listing and Financial Details

  • Assessor Parcel Number 48100000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,618

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Skylights
  • Floor Covering: Ceramic Tile
  • Appliances That Stay: Dishwasher, Range/Oven
  • Approved Number of Bedrooms: 5
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3050
  • Square Footage Finished: 3050

Exterior Features

  • Exterior: Brick, Stone, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Strait, Territorial
  • Waterfront: Bank-High, Bank-Medium, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 194

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Garage-Electric
  • Water Source: Private

Condo/Co-op/Association

  • Community Name: Fishtrap

Schools

  • Elementary School: Boston Harbor Elem
  • Middle School: Reeves Mid
  • High School: Olympia High
  • School District: OLY

Lot Info

  • Lot Details: Open Space, Value In Land
  • Lot Sq Ft: 23522
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Sloped
  • Parcel Number: 48100000800
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Sloped

Tax Info

  • Tax Amount: 8568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2020
Closed on
Mar 22, 2021
Sold by
Coluccio Medrice
Bought by
Dvorak Stephen and Dvorak Leanna
Seller's Agent
Courtney Drennon
Morrison House Sotheby's Intl
Buyer's Agent
Rebecca Del Pozo
Keller Williams Realty
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Current Estimated Value
$1,231,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,017
Avg. Annual Appreciation
5.85%
Original Mortgage
$548,250
Outstanding Balance
$406,371
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$824,646

Purchase Details

Closed on
Aug 4, 2009
Sold by
Mackie Alexander W and Mackie Lucinda H
Bought by
Coluccio Medrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2001
Sold by
Wolford Patricia B
Bought by
Palmer Ann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
12%
Source: Public Records

Range of Values:

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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
Dvorak Stephen $950,000 Thurston County Title
Coluccio Medrice $700,000 Thurston County Title
Palmer Ann S $91,500 Transnation Title Insurance
Palmer Ann S $91,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dvorak Stephen $548,250
Previous Owner Coluccio Medrice $490,000
Previous Owner Palmer Ann S $81,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $950,000 -13.6% $311 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $1,100,000 -4.3% $361 / Sq Ft
01/03/2021 01/03/21 Price Changed $1,150,000 0.0% $377 / Sq Ft
01/03/2021 01/03/21 For Sale $1,150,000 -4.2% $377 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
11/18/2020 11/18/20 Price Changed $1,200,000 -6.2% $393 / Sq Ft
10/24/2020 10/24/20 Price Changed $1,279,000 -3.8% $419 / Sq Ft
09/27/2020 09/27/20 For Sale $1,329,000 -- $436 / 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 $11,618 $1,159,100 $475,400 $683,700
2023 $11,618 $1,073,500 $415,100 $658,400
2022 $9,941 $1,011,900 $344,000 $667,900
2021 $8,572 $867,900 $410,600 $457,300
2020 $8,568 $685,700 $356,700 $329,000
2019 $7,216 $668,300 $382,500 $285,800
2018 $7,807 $602,300 $352,000 $250,300
2017 $6,955 $551,900 $221,900 $330,000
2016 $7,091 $590,000 $247,100 $342,900
2014 -- $541,700 $242,500 $299,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1669818

Northwest Multiple Listing Service (NWMLS)

APN: 48100000800