Listed by City Realty, Inc., Bought with RE/MAX Elite
NOT LISTED FOR SALE

905 Tipsoo Loop N Rainier, WA 98576

Estimated Value: $439,000 - $508,000

3 Beds
2 Baths
1,451 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $475,000 $327 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,975/month

11 Days on Market

Highlights

  • Low Bank Waterfront Property
  • 1.11 Acre Lot
  • Territorial View
  • RV Access or Parking
  • Deck
  • No HOA

About This Home

As of June 2023

Hard to find updated rambler on over an acre with a private path down to the lake! Updated in 2018 with all new cabinets, appliances, roof & flooring. huge covered back patio and adjacent fire pit area. House is clean & sharp with the master on one side and 2 additional bedrooms on the other with open living spaces in the middle. Bright & modern kitchen looks out to the private back yard and flows to the dining room and slider to the patio. Master has a private updated en-suite. 2 car attached Garage with plenty of built-in storage. Additional shop/garage with RV parking out front. Huge clean back yard with tall 6ft fence. Gate down a short trail to the lake where you can catch Perch & bass. Quick commute to JBLM, Yelm & Olympia.

Last Agent to Sell the Property

Candice Rambo

City Realty, Inc. License #115389 Listed on: 05/09/2023

City Realty, Inc.

Last Buyer's Agent

Kate Rossart

RE/MAX Elite License #21014046

RE/MAX Elite

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2066184

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,313

Year Built

  • Built in 1998

Lot Details

  • 1.11 Acre Lot
  • Low Bank Waterfront Property
  • Waterfront
  • Property is Fully Fenced
  • Sprinkler System
  • Garden

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,451 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Rainier Primary Sch Elementary School
  • Rainier Mid Middle School
  • Rainier Snr High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainier Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 63550004900

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,313

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1998
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1451
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 775

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Tile, Ceiling Fan(s), Water Heater
  • Living Area: 1451
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1451
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront Features: Bank-Low
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterAccess: Beach Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterHeaterLocation: garage
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Rainier
  • High School: Rainier Snr High
  • Middle Or Junior School: Rainier Mid

Lot Info

  • Parcel Number: 63550004900
  • Land Lease: No
  • Lot Size Acres: 1.1125
  • Lot Size Sq Ft: 48462
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Irrigation,Outbuildings,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: public
  • MLSSquareFootageSource: public

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3313

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Rainier Primary Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 6, 2018
Sold by
Rainier View Restorations Llc
Bought by
Wedemeyer Jesse and Wedemeyer Ashton
Seller's Agent
Mark Welsh
Better Properties N. Proctor
Buyer's Agent
Candice Rambo
City Realty, Inc.
List Price
$299,900
Sold Price
$307,500
Premium/Discount to List
$7,600
2.53%
Current Estimated Value
$483,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,422
Avg. Annual Appreciation
7.06%
Original Mortgage
$317,647
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Listed on
Dec 12, 2017
Closed on
Jan 30, 2018
Sold by
The Securatry Of Ventures Affairs An Off
Bought by
Rainier View Restorations Llc A Washingt
Seller's Agent
Laura Barry
Heaton Dainard, LLC
Buyer's Agent
Mark Welsh
Better Properties N. Proctor
List Price
$186,500
Sold Price
$183,000
Premium/Discount to List
-$3,500
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.31%
Original Mortgage
$154,433
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2017
Sold by
Planet Home Lending
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
May 25, 2017
Sold by
Hall Francis J
Bought by
Planet Home Lending and Green Planet Servicing Llc

Purchase Details

Closed on
Mar 3, 2008
Sold by
Settle Dawna K and Snipschield Dawna K
Bought by
Hall Francis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.65%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 1998
Sold by
Rainier General Development Inc
Bought by
Knipschield Dawna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,799
Interest Rate
7.06%
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
Wedemeyer Jesse $264,042 Thurston County Title Co
Rainier View Restorations Llc A Washingt -- Chicago Title
The Secretary Of Veterans Affairs -- Nextitle
Planet Home Lending $183,229 Nextitle
Hall Francis J $225,000 First American Title
Hall Francis J -- First American Title
Knipschield Dawna K $99,900 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wedemeyer Jesse $318,987
Closed Wedemeyer Jesse $317,647
Previous Owner Rainier View Restorations $21,000
Previous Owner Rainer View Restorations Llc $30,325
Previous Owner Rainier View Restorations Llc A Washingt $154,433
Previous Owner Rainier View Restorations Llc $45,000
Previous Owner Hall Francis J $233,550
Previous Owner Hall Francis J $225,000
Previous Owner Settle Dawna K $70,000
Previous Owner Knipschield Dawna K $100,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $475,000 0.0% $327 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $475,000 +54.5% $327 / Sq Ft
11/21/2018 11/21/18 Sold $307,500 +2.5% $254 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $299,900 +63.9% $248 / Sq Ft
02/01/2018 02/01/18 Sold $183,000 -1.9% $151 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $186,500 0.0% $154 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $186,500 -- $154 / 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 $3,639 $376,000 $130,300 $245,700
2023 $3,639 $387,900 $121,900 $266,000
2022 $3,470 $371,300 $85,800 $285,500
2021 $2,807 $336,200 $99,700 $236,500
2020 $2,439 $267,400 $81,000 $186,400
2019 $2,205 $210,400 $53,500 $156,900
2018 $2,392 $189,200 $46,400 $142,800
2017 $2,221 $181,750 $38,650 $143,100
2016 $2,232 $173,050 $48,950 $124,100
2014 -- $168,350 $48,950 $119,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2066184

Northwest Multiple Listing Service (NWMLS)

APN: 63550004900