NOT LISTED FOR SALE

8931 Alderview Ln SE Olympia, WA 98501

Estimated Value: $697,000 - $793,000

4 Beds
4 Baths
2,647 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $385,000 $145 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,671/month

104 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • 1 Fireplace
  • East Olympia Elementary School Rated A-
  • Wooded Lot
  • Cul-De-Sac

About This Home

As of May 2015

You will fall in love with this beautiful country home located on a shy acre. Enjoy the comfort of a small neighborhood while maintaining privacy. Enjoy the downstairs master suite with jetted tub. An additional master upstairs. This beautiful two story home comes complete with a 3 car garage & generator. Kitchen is open to the dining room with views of the gardens & private back yard. Formal den off of the entry will provide luxury for your work or study. Built-in bookcases & upgrades galore.

Last Agent to Sell the Property

Cynthia Nelson

RE/MAX Northwest Realtors Listed on: 12/03/2014

Last Buyer's Agent

Cynthia Nelson

RE/MAX Northwest Realtors Listed on: 12/03/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM717814

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Patio

Utilities

  • Propane
  • Private Water Source
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 70680000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,745

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: Richardson
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Jetted Tub, Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Den or Office: Main
  • Extra Finished Room: Upper
  • Living Room: Main
  • Recreation Room: Upper
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2647
  • Square Footage Finished: 2647

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition

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: H&R Water Works
  • Water Heater: Garage-Gas
  • Water Source: Private

Condo/Co-op/Association

  • Community Name: 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: 4
  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 37897
  • Lot Topography Vegetation: Garden Space, Level, Wooded
  • Parcel Number: 70680000400
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 3724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2019
Sold by
Lower Paul Vincent
Bought by
Lower Joy Marie
Current Estimated Value
$759,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,019
Interest Rate
3.72%
Mortgage Type
VA

Purchase Details

Listed on
Dec 3, 2014
Closed on
May 27, 2015
Sold by
Watkins Nancy H and Watkins Phillip J
Bought by
Lower Paul and Lower Joy
Seller's Agent
Cynthia Nelson
RE/MAX Northwest Realtors
Buyer's Agent
Cynthia Nelson
RE/MAX Northwest Realtors
List Price
$399,500
Sold Price
$385,000
Premium/Discount to List
-$14,500
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$397,705
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
Jun 19, 2002
Sold by
Richardson Homes & Land Inc
Bought by
Watkins Phillip J and Watkins Nancy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,775
Interest Rate
6.86%
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
Lower Joy Marie -- None Available
Lower Paul $384,719 Thurston County Title
Watkins Phillip J $287,700 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lower Joy Marie $444,000
Closed Lower Joy Marie $368,939
Closed Lower Joy Marie $374,019
Closed Lower Paul $397,705
Previous Owner Watkins Phillip J $30,000
Previous Owner Watkins Phillip J $215,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $385,000 -1.3% $145 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/09/2015 03/09/15 Price Changed $389,900 +4.0% $147 / Sq Ft
03/09/2015 03/09/15 Price Changed $375,000 -3.8% $142 / Sq Ft
02/18/2015 02/18/15 Price Changed $389,900 -2.4% $147 / Sq Ft
12/03/2014 12/03/14 For Sale $399,500 -- $151 / 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 $6,745 $701,100 $196,600 $504,500
2023 $6,745 $659,900 $214,900 $445,000
2022 $6,662 $664,100 $133,500 $530,600
2021 $6,024 $565,100 $142,400 $422,700
2020 $5,735 $465,900 $112,700 $353,200
2019 $5,205 $435,300 $100,600 $334,700
2018 $5,140 $384,300 $84,000 $300,300
2017 $5,039 $366,700 $79,300 $287,400
2016 -- $336,100 $84,500 $251,600
2014 -- $311,200 $73,500 $237,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM717814

Northwest Multiple Listing Service (NWMLS)

APN: 70680000400