NOT LISTED FOR SALE

8711 Fernwood St NE Olympia, WA 98516

Estimated Value: $954,000 - $1,086,000

3 Beds
2 Baths
1,736 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $615,000 $354 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,185/month

7 Days on Market

Highlights

  • Low Bank Waterfront Property
  • RV Access or Parking
  • Wood Flooring
  • Views of a Sound
  • Deck
  • 1 Fireplace

About This Home

As of August 2016

What a stunning setting! You will love this light & cheerful home which oozes a beach-y vibe! Panoramic views of Henderson Inlet, Hartstene Island, & the Olympics. Low bank easily accessed sandy, pebbly beach with a new 70K rock bulkhead--plus tideland ownership. Detached oversized garage & spacious Trex view deck. Vaulted ceilings & gorgeous use of Georgia pine floors. This C & H Construction home was painstakingly built and is impeccably maintained. Enjoy beautiful sunsets and make it yours!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 06/02/2016

Co-Listed By

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340

Last Buyer's Agent

Patrick Thier

Virgil Adams Real Estate, Inc. License #16920

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM951924

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,358

Year Built

  • Built in 2002

Lot Details

  • Low Bank Waterfront Property
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Level Lot

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Johnson Point Community

Listing and Financial Details

  • Assessor Parcel Number 11905441500

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,358

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1736
  • Square Footage Finished: 1736

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Low, Saltwater, Sound
  • Waterfront Frontage: 120'Henderson Inlet

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Power Company: Puget Sound Energ
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Individual well
  • Water Heater: Basement-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Johnson Point

Schools

  • Elementary School: South Bay Elem
  • Middle School: Chinook Mid
  • High School: North Thurston High
  • School District: NTN

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 33106
  • Lot Topography Vegetation: Level, Partial Slope, Terraces
  • Parcel Number: 11905441500
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 6359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 11, 2016
Sold by
May Steve and May Donna
Bought by
Hanson Steven C and Blevins Michelle C
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Patrick Thier
Virgil Adams Real Estate, Inc.
List Price
$595,000
Sold Price
$615,000
Premium/Discount to List
$20,000
3.36%
Current Estimated Value
$1,019,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,336
Avg. Annual Appreciation
5.67%
Original Mortgage
$476,000
Outstanding Balance
$379,501
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$639,835
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
Hanson Steven C $614,719 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Steven C $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $615,000 +3.4% $354 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $595,000 -- $343 / 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 $9,358 $1,019,200 $622,700 $396,500
2023 $9,358 $962,800 $539,100 $423,700
2022 $9,314 $888,400 $448,500 $439,900
2021 $8,697 $791,900 $492,600 $299,300
2020 $8,110 $685,400 $452,000 $233,400
2019 $6,490 $656,100 $462,100 $194,000
2018 $7,286 $534,300 $336,800 $197,500
2017 $6,112 $462,250 $218,350 $243,900
2016 $5,711 $483,550 $240,650 $242,900
2014 -- $420,050 $235,450 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM951924

Northwest Multiple Listing Service (NWMLS)

APN: 11905441500