NOT LISTED FOR SALE

8926 Alderview Ln SE Olympia, WA 98501

Estimated Value: $746,000 - $927,000

3 Beds
2 Baths
2,218 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $537,000 $242 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,158/month

20 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Territorial View
  • East Olympia Elementary School Rated A-
  • Secluded Lot
  • 1 Fireplace

About This Home

As of May 2017

Custom Home offers privacy, acreage & territorial views! Quality thru-out w/radiant heating, slate floors, kitchen w/hickory cabinets, granite & breakfast bar. Master w/custom walk-in shower w/double heads & access to covered patio. Open great rm w/vaulted ceiling, fireplace & lots of natural light. Separate Family rm w/wet bar. Detached shop/garage w/carport & storage shed, fenced garden space w/raised beds & fruit trees, rear patio & firepit. Convenient location. Near Chehalis Western Trail

Last Agent to Sell the Property

Roberta Rudnick

NextHome Northwest Group License #31611 Listed on: 03/01/2017

NextHome Northwest Group

Co-Listed By

Kimberly Rucker

NextHome Northwest Group License #33824

Last Buyer's Agent

Quincy Qualls

John L. Scott Lacey License #97492

John L. Scott Lacey

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1083768

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,921

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Slate Flooring

Parking

  • Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Shared Well
  • Septic System
  • Cable TV Available

Community Details

  • East Olympia Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 70680000600

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,921

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • 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, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Security System, Vaulted Ceilings
  • Floor Covering: Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Approved Number of Bedrooms: 5
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Kitchen: Main
  • Estimated Sq Ft: 2218
  • Square Footage Finished: 2218

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Radiator
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 5
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: H&R Water Works
  • Water Heater: Garage-Electric
  • Water Source: Community, Shared Well

Condo/Co-op/Association

  • Community Name: East Olympia
  • Project: Richwood
  • Community Features: Ccrs

Schools

  • Elementary School: East Olympia Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Number: 6
  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street, Secluded
  • Lot Dimensions: 278,784
  • Lot Sq Ft: 278784
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Terraces
  • Parcel Number: 70680000600
  • Zoning Code: Residential
  • Zoning Jurisdiction: County
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 6139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 14, 2017
Sold by
Worthington Donald G and Worthington Susan G
Bought by
Burke Patrick J and Burke Frances P
Seller's Agent
Roberta Rudnick
NextHome Northwest Group
Buyer's Agent
Quincy Qualls
John L. Scott Lacey
List Price
$545,500
Sold Price
$537,000
Premium/Discount to List
-$8,500
-1.56%
Current Estimated Value
$831,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,986
Avg. Annual Appreciation
5.42%
Original Mortgage
$50,000
Outstanding Balance
$11,756
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$822,859

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 10, 2015
Sold by
Reese Michael M
Bought by
Worthington Donald G and Worthington Susan G
Seller's Agent
Jim Bennett
RE/MAX Parkside Affiliates
Buyer's Agent
Barb Furman
Olympic Sotheby's Int'l Realty
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$456,327
Interest Rate
3.76%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 2014
Sold by
Reese Michael M
Bought by
Reese Michael M and Michael M Reese Revocable Living Trust

Purchase Details

Closed on
Sep 26, 2003
Sold by
Rakestraw Brent and Rakestraw Jeannine
Bought by
Reese Michael M

Purchase Details

Closed on
Sep 15, 2003
Sold by
Masterly Corp
Bought by
Rakestraw Brent

Purchase Details

Closed on
Nov 17, 2000
Sold by
Richardson Homes & Land Inc
Bought by
Masterly Corp
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
Burke Patrick J $536,719 Thurston County Title Co
Worthington Donald G $449,719 Stewart Title Of Western Was
Reese Michael M -- None Available
Reese Michael M -- Chicago Title Co
Rakestraw Brent -- Chicago Title Insurance Co
Masterly Corp -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Patrick J $50,000
Previous Owner Worthington Donald G $456,327
Previous Owner Reese Michael M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $537,000 -1.6% $242 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $545,500 +21.2% $246 / Sq Ft
04/14/2015 04/14/15 Sold $450,000 +0.2% $203 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $449,000 -- $202 / 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 $7,921 $796,500 $286,300 $510,200
2023 $7,921 $776,100 $326,000 $450,100
2022 $7,501 $748,500 $217,000 $531,500
2021 $6,950 $636,800 $214,100 $422,700
2020 $7,378 $538,300 $184,900 $353,400
2019 $6,314 $561,900 $226,900 $335,000
2018 $6,319 $473,700 $176,500 $297,200
2017 $6,138 $447,850 $167,950 $279,900
2016 $5,241 $418,650 $174,050 $244,600
2014 -- $381,250 $151,350 $229,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1083768

Northwest Multiple Listing Service (NWMLS)

APN: 70680000600