Listed by eXp Realty, Bought with Redfin
NOT LISTED FOR SALE

8901 48th Way NE Olympia, WA 98516

Estimated Value: $755,000 - $841,185

3 Beds
3 Baths
3,193 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $700,000 $219 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,776/month

Highlights

  • Greenhouse
  • Deck
  • Territorial View
  • RV Access or Parking
  • Secluded Lot
  • Vaulted Ceiling

About This Home

As of September 2022

Welcome home to your own, one of a kind, private sanctuary minutes to I-5, shopping, Tolmie State Park & JBLM. Completely surrounded by nature on a double fenced lot w/ fruit trees , greenhouse and gazebo swing in a park-like setting. Custom tile roof, stone masonry entry, impressive 2 tiered trex deck, on-demand generator, AIR CONDITIONING, Brazilian teak hardwoods & wood-wrapped millwork thru-out. Bonus 4th room w/ closet on lower level and full bath, vaulted ceilings, spacious master includes bonus room w/access to upper deck. RV parking and 3 car garage with additional 2 car detached garage /gym that has storage or office,half bath and wall heater.

Last Agent to Sell the Property

Laura Stidham

eXp Realty License #139668 Listed on: 06/30/2022

eXp Realty

Co-Listed By

Charity Slawter

Real Broker LLC License #23006595

Last Buyer's Agent

Tarah Yurovchak

Redfin License #21030945

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1960198

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,460

Year Built

  • Built in 1992

Lot Details

  • 1.14 Acre Lot
  • Property is Fully Fenced
  • Secluded Lot

Parking

  • 6 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • 3-Story Property
  • Block Foundation
  • Tile Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 3,193 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Gazebo

Schools

  • Olympic View Elementary School
  • Salish Middle School
  • River Ridge High School

Utilities

  • Central Air
  • Generator Hookup
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1125340200

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,460

Year Built

Built in 1992

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 13 - Tri-Level
  • Year Built: 1992
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 3193
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher_, Dryer, Microwave_, Refrigerator_, StoveRange_, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Forced Air, Central A/C, Hardwood, Wet Bar, Wired for Generator, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Vaulted Ceiling(s), FirePlace
  • Living Area: 3193
  • BathsFullMain: 0
  • SquareFootageFinished: 3193
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer

Exterior Features

  • Roof: Tile
  • View: Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Block
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Detached Garage
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Garage

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Salish Middle

Lot Info

  • Parcel Number: 1125340200
  • Land Lease: No
  • Lot Size Acres: 1.14
  • Lot Size Sq Ft: 49658
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Fully,Gas Available,Green House,High Speed Internet,Patio,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7460

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Olympic View Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 7, 2022
Sold by
Kyung Kim Ok
Bought by
Jiang Jidong
Seller's Agent
Laura Stidham
eXp Realty
Buyer's Agent
Tarah Yurovchak
Redfin
List Price
$790,000
Sold Price
$700,000
Premium/Discount to List
-$90,000
-11.39%
Current Estimated Value
$797,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,296
Avg. Annual Appreciation
4.23%

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 1, 2022
Sold by
Jared Stidham
Bought by
Jiang Jidong
Seller's Agent
Laura Stidham
eXp Realty
Buyer's Agent
Tarah Yurovchak
Redfin
List Price
$790,000
Sold Price
$700,000
Premium/Discount to List
-$90,000
-11.39%

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 8, 2020
Sold by
Stidham Laura
Bought by
Stidham Jared
Seller's Agent
Aaron Thomas
Real Broker LLC
Buyer's Agent
Laura Stidham
eXp Realty
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
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
7.89%
Original Mortgage
$555,009
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
May 23, 2011
Sold by
Saponari Gary L and Saponari Karen L
Bought by
Saponari Gary L and Saponari Karen L

Purchase Details

Closed on
Aug 22, 2003
Sold by
Choo Roger T and Choo Deborah Lynn
Bought by
Saponari Gary L and Saponari Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5.6%
Mortgage Type
Unknown
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
Jiang Jidong -- --
Jiang Jidong $700,000 --
Stidham Jared -- Stewart Title Company
Stidham Jared $605,000 Stewart Title Thurston
Saponari Gary L -- None Available
Saponari Gary L $219,640 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stidham Jared $555,009
Previous Owner Saponari Gary L $265,600
Closed Saponari Gary L $26,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2022 09/09/22 Sold $700,000 -4.0% $219 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $729,000 -2.8% $228 / Sq Ft
07/14/2022 07/14/22 Price Changed $750,000 -5.1% $235 / Sq Ft
06/30/2022 06/30/22 For Sale $790,000 +30.6% $247 / Sq Ft
10/09/2020 10/09/20 Sold $605,000 +1.0% $189 / Sq Ft View Prior Sale
08/26/2020 08/26/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $599,000 0.0% $188 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $599,000 -- $188 / 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 $6,981 $745,700 $252,000 $493,700
2023 $6,981 $712,400 $217,700 $494,700
2022 $7,460 $742,600 $167,000 $575,600
2021 $6,574 $625,900 $166,000 $459,900
2020 $6,259 $513,100 $165,400 $347,700
2019 $4,063 $502,800 $113,700 $389,100
2018 $6,023 $432,000 $93,000 $339,000
2017 $5,493 $410,100 $92,100 $318,000
2016 $5,336 $404,150 $83,650 $320,500
2014 -- $391,050 $83,650 $307,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1960198

Northwest Multiple Listing Service (NWMLS)

APN: 11925340200