NOT LISTED FOR SALE

8903 Buttonwood Ln NE Olympia, WA 98516

Estimated Value: $1,726,000 - $1,927,000

3 Beds
3 Baths
4,640 Sq Ft
$394/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $1,110,000 $239 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,011/month

56 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Spa
  • Fruit Trees
  • Views of a Sound
  • RV Access or Parking
  • Deck

About This Home

As of June 2018

This gorgeous custom home offers the best of NW Waterfront. Unique architectural design, soaring 20 ft high windows, & fl to ceiling stacked rock gas fp, beautiful heated concrete fls, a complete Theater rm. Huge gourmet kitchen, cherry wood cabs, Rain tree forest granite counters, must see master bath, fir trim & doors (so much more) Wonderful drive to the beach, 102’ bulk head wf with tidelands. Massive stamp concrete drive way, fenced yard, lrg out building. 3rd br is not complete.

Last Agent to Sell the Property

Patrick Pieroni

Virgil Adams Real Estate, Inc. License #18878 Listed on: 03/22/2018

Last Buyer's Agent

Phyllis Mandel

Olympic Sotheby's Int'l Realty

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1261773

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,973

Year Built

  • Built in 2005

Lot Details

  • Low Bank Waterfront Property
  • 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

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Propane
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Johnson Point Community

Listing and Financial Details

  • Assessor Parcel Number 11905410100

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,973

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Hot Tub/Spa, Jetted Tub, Walk-In Closet
  • Floor Covering: Ceramic Tile, Concrete, Hardwood
  • Appliances That Stay: Dishwasher, Double Oven, Refrigerator
  • Approved Number of Bedrooms: 4
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Living Room: Lower
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4640
  • Square Footage Finished: 4640

Exterior Features

  • Exterior: Brick, Cement Planked, Stone
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Low, Saltwater, Sound
  • Waterfront Frontage: 102

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Hot Water Recirc Pump
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Garage-propane
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Johnson Point

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: North Thurston High
  • School District: NTN

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 91912
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Terraces
  • Parcel Number: 11905410100
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 12258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jun 18, 2018
Sold by
Bair David Alan and Bair Terese Ellen
Bought by
Krueger Kirk L and Kruegemuehlerr Heather L
Seller's Agent
Patrick Pieroni
Virgil Adams Real Estate, Inc.
Buyer's Agent
Phyllis Mandel
Olympic Sotheby's Int'l Realty
List Price
$1,399,900
Sold Price
$1,110,000
Premium/Discount to List
-$289,900
-20.71%
Current Estimated Value
$1,825,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,908
Avg. Annual Appreciation
7.09%
Original Mortgage
$689,000
Outstanding Balance
$597,203
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,228,705

Purchase Details

Closed on
Dec 18, 2003
Sold by
Michael Mike A and Michael Reni J
Bought by
Bair David Alan and Bair Terese Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.46%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 15, 1999
Sold by
Wmc Mtg Corp
Bought by
Michael Mike A and Michael Reni J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,900
Interest Rate
5.35%

Purchase Details

Closed on
Aug 25, 1999
Sold by
Mena Paul C and Mena Sandra A
Bought by
Wmc Mtg Corp

Purchase Details

Closed on
Jan 2, 1997
Sold by
Mena Paul C and Mena Frances C
Bought by
Mena Paul C and Mena Frances C
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
Krueger Kirk L -- Thurston County Title Co
Bair David Alan $390,000 Thurston County Title
Michael Mike A $229,950 Pioneer Title Company
Wmc Mtg Corp $352,694 Transnation Title
Mena Paul C -- Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krueger Kirk L $689,000
Previous Owner Bair David Alan $312,000
Previous Owner Michael Mike A $137,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $1,110,000 -7.5% $239 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $1,199,990 -14.3% $259 / Sq Ft
03/22/2018 03/22/18 For Sale $1,399,900 -- $302 / 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 $15,973 $1,751,700 $755,300 $996,400
2023 $15,973 $1,660,900 $625,000 $1,035,900
2022 $14,915 $1,614,500 $485,700 $1,128,800
2021 $12,858 $1,280,000 $489,400 $790,600
2020 $11,786 $1,031,200 $446,800 $584,400
2019 $10,252 $961,600 $463,400 $498,200
2018 $11,936 $885,100 $331,100 $554,000
2017 $12,258 $942,850 $229,850 $713,000
2016 $9,659 $886,500 $251,200 $635,300
2014 -- $720,650 $245,750 $474,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1261773

Northwest Multiple Listing Service (NWMLS)

APN: 11905410100