NOT LISTED FOR SALE

8702 Libby Rd NE Olympia, WA 98506

Estimated Value: $1,292,000 - $1,419,556

3 Beds
1 Bath
2,748 Sq Ft
$493/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,075,000 $391 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,029/month

35 Days on Market

Highlights

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

About This Home

As of February 2021

Offered to the market for the first time, this custom Henderson Inlet home is Northwest waterfront at its best! With views of Mt. Rainier this pastoral waterfront setting includes two parcels for a total of 7+/- acres, suitable for horses. Lawn slopes gently to the water, easy beach access via a ramp over the bulkhead-a great place to launch kayaks for summer fun! Quality built home offers views from almost every room. Kitchen is open to the large, airy family room and to the formal dining room. Full length deck overlooks the gorgeous waterfront. Enjoy moon rises from the master suite, offering the best views of all! Spacious shop with additional garage & work space. Gated entry, beautiful landscaping and raised beds for gardening.

Last Agent to Sell the Property

Missy Watts

Olympic Sotheby's Int'l Realty License #85539 Listed on: 12/11/2020

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Tommy Lowe

Olympic Sotheby's Int'l Realty License #97082

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1690625

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,115

Year Built

  • Built in 1989

Lot Details

  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Tideland Water Rights
  • Bulkhead
  • Deck

Farming

  • Pasture

Utilities

  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 11905330200

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,115

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Jetted Tub, Skylights, Vaulted Ceilings
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2748
  • Square Footage Finished: 2748

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Medium, Bulkhead, Saltwater, Sound, Tideland Rights
  • Waterfront Frontage: 125'

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Heat Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Closet on main floor-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Olympia

Schools

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

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 304920
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Pasture, Sloped
  • Parcel Number: 11905330200
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Pasture, Sloped

Tax Info

  • Tax Amount: 12135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 23, 2021
Sold by
Mcclure Marta A
Bought by
Auderer Mike and Vega Alison
Seller's Agent
Missy Watts
Olympic Sotheby's Int'l Realty
Buyer's Agent
Tommy Lowe
Olympic Sotheby's Int'l Realty
List Price
$1,175,000
Sold Price
$1,075,000
Premium/Discount to List
-$100,000
-8.51%
Total Days on Market
35
Current Estimated Value
$1,354,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,519
Avg. Annual Appreciation
6.75%
Original Mortgage
$806,250
Outstanding Balance
$735,765
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$685,991

Purchase Details

Listed on
Dec 11, 2020
Closed on
Dec 30, 2020
Sold by
Mcclure Marta A
Bought by
Thompson Michael and Thompson Chelsea
Seller's Agent
Missy Watts
Olympic Sotheby's Int'l Realty
Buyer's Agent
Tommy Lowe
Olympic Sotheby's Int'l Realty
List Price
$1,175,000
Sold Price
$1,075,000
Premium/Discount to List
-$100,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Outstanding Balance
$735,765
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$685,991

Purchase Details

Closed on
Mar 20, 2008
Sold by
Mcclure J Vincent
Bought by
Mcclure Marta A
Source: Public Records

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Range of Values:

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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
Auderer Mike $1,075,000 Thurston County Title
Thompson Michael $11,700 Thurston County Title Co
Mcclure Marta A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auderer Michael J $444,500
Open Auderer Mike $806,250
Previous Owner Thompson Michael $9,700
Previous Owner Mclure J Vincent $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,075,000 0.0% $391 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $1,075,000 -8.5% $391 / Sq Ft
12/11/2020 12/11/20 For Sale $1,175,000 -- $428 / 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 $17,115 $1,804,500 $850,600 $953,900
2023 $17,115 $1,540,000 $747,200 $792,800
2022 $12,957 $1,359,100 $605,500 $753,600
2021 $12,127 $1,120,000 $576,700 $543,300
2020 $12,135 $961,300 $550,800 $410,500
2019 $9,923 $938,100 $582,500 $355,600
2018 $10,307 $786,600 $481,300 $305,300
2017 $9,491 $745,150 $351,450 $393,700
2016 $8,580 $690,850 $356,450 $334,400
2014 -- $646,900 $349,800 $297,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1690625

Northwest Multiple Listing Service (NWMLS)

APN: 11905330200