Listed by Virgil Adams Real Estate, Inc., Bought with RE/MAX Connect
NOT LISTED FOR SALE

9948 Johnson Point Rd NE Olympia, WA 98516

Estimated Value: $962,000 - $1,302,000

1 Bed
1 Bath
2,032 Sq Ft
$562/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $610,000 $300 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,829/month

64 Days on Market

Highlights

  • Views of a Sound
  • Greenhouse
  • Deck
  • Property Fronts a Bay or Harbor
  • RV Access or Parking
  • Secluded Lot

About This Home

As of October 2017

Incredible, rare no-bank waterfront setting w/ jaw-dropping views of the Nisqually Reach, Anderson Island, the Key Peninsula, and both Mt. Rainier and the Olympics! Pure sandy beach + concrete bulkhead + boat launch + ownership of the tidelands. Modest home is ready for your updates. Enormous garage/shop upland w/ tram to home. This very special property has been lovingly maintained over the years. First time on the market since the Roosevelt administration!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 07/18/2017

Co-Listed By

Sue Sandberg

Virgil Adams Real Estate, Inc. License #6340

Last Buyer's Agent

Lisa Lageschulte

RE/MAX Connect License #41542

RE/MAX Connect

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1163650

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,014

Year Built

  • Built in 1911

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Greenhouse

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Johnson Point Community

Listing and Financial Details

  • Assessor Parcel Number 56550300800

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,014

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Walk In Pantry, Walk-In Closet
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Estimated Sq Ft: 2032
  • Square Footage Finished: 2032

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, Mountain, Sound
  • Waterfront: Bay, Bulkhead, No Bank, Saltwater, Sound
  • Waterfront Frontage: 68' Nisqually Reach

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, Insert
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Johnson Point Water
  • Water Heater: Mechanical room lower level-Electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Johnson Point

Schools

  • Elementary School: South Bay Elem
  • Middle School: Chinook Mid
  • High School: North Thurston High
  • School District: NTN

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 18913
  • Lot Topography Vegetation: Level, Sloped
  • Parcel Number: 56550300800
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Sloped

Tax Info

  • Tax Amount: 4603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Oct 4, 2017
Sold by
Rotter Agnes M
Bought by
Gustafson Scott B
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Lisa Lageschulte
RE/MAX Connect
List Price
$753,000
Sold Price
$610,000
Premium/Discount to List
-$143,000
-18.99%
Current Estimated Value
$1,141,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,860
Avg. Annual Appreciation
8.23%
Original Mortgage
$549,000
Outstanding Balance
$458,077
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$683,783

Purchase Details

Closed on
Oct 7, 1998
Sold by
Rotter Agnes M and Rotter James Harold
Bought by
Rotter Agnes M
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
Gustafson Scott B $609,719 Chicago Title Company
Rotter Agnes M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Scott B $549,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $610,000 -9.6% $300 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/07/2017 09/07/17 Price Changed $675,000 -2.9% $332 / Sq Ft
08/09/2017 08/09/17 Price Changed $695,000 -7.7% $342 / Sq Ft
07/18/2017 07/18/17 For Sale $753,000 -- $371 / 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 $9,014 $1,105,000 $715,300 $389,700
2023 $9,014 $915,400 $576,100 $339,300
2022 $7,595 $792,100 $441,400 $350,700
2021 $6,949 $640,700 $389,000 $251,700
2020 $6,362 $542,400 $356,700 $185,700
2019 $5,135 $509,100 $372,200 $136,900
2018 $5,646 $409,100 $273,100 $136,000
2017 $4,603 $342,600 $178,800 $163,800
2016 $4,386 $355,050 $203,750 $151,300
2014 -- $317,600 $199,300 $118,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1163650

Northwest Multiple Listing Service (NWMLS)

APN: 56550300800