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3602 Lorne Street Southeast

3602 Lorne Street Southeast, Olympia, WA 98501
Property in Thurston
Sold Oct 12, 2021
Transfer
$285,250 by Academy Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Mar 07, 2012
Transfer
$209,360 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2039
Local assessors in Olympia, WA have categorized 3602 Lorne Street Southeast as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 9,460 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3602 Lorne Street Southeast has a total of 2,436 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 710 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of concrete. Lots of wood siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $5,618 in taxes each year. 3602 Lorne Street Southeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $576,800. If we break it down further, the land itself was valued at $126,100. Improvements to the property, however, were assessed at a total of $450,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 710
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,460
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,436
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WARDS HOMESTEAD
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SECTION 26 TOWNSHIP 18 RANGE 2W QUARTER NW SE PLAT WARDS HOMESTEAD SS027427TW LT 1 DOCUMENT 3466010

Ownership

  • Current Owner : TAYLOR ARTHUR
  • Current Owner 2: GREEN TAYLOR ELIZABETH
  • Previous Owner : TAYLOR ARTHUR R
  • Owner Before Previous Owner: TAYLOR ARTHUR P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Tumwater School District
  • School Tax School District: TUMWATER
  • Census Tract: 010800

Zoning

  • Zoning: SFM

Geography

  • Parcel: 82200400119
  • Lot: 1
  • Meridian: SEC 26 TWN 18 RNG 02
  • Municipality: CITY OF TUMWATER
  • Latitude: 47.0153
  • Longitude: -122.892

    Address

  • Full Address: 3602 Lorne St Se
  • Address - House Number: 3602
  • Street Segment Direction: SE
  • Address - Street Name: Lorne
  • Address - Suffix Type: St
  • State: WA
  • City Name: Tumwater
  • Carrier Code: C022
  • 4-Digit Zip Code: 4007
  • Zip Code: 98501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,618
  • Tax Rate Code Area: 440

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 82
  • Final Value: 606,435
  • High Value: 694,342
  • Low Value: 518,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,250
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $285,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $576,800
  • Market Land Value: $126,100
  • Market Improvement Value: $450,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $576,800
  • Assessed Land Value: $126,100
  • Assessed Improvements Value: $450,700

    Sales

  • Current Sale Contract Date: Oct 01, 2002
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859870435
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 4889393
  • Previous Sale Recording Date: Mar 07, 2012
  • Previous Sale Contract Date: Feb 29, 2012
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $285,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 07, 2012
  • Previous Mortgage Loan Amount: $209,360
  • Previous Mortgage Term: 323
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2039

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Frequently Asked Questions

What neighborhood is 3602 Lorne Street Southeast located in?
The 3602 Lorne Street Southeast is a located in the neighborhood of Thurston in Tumwater, Olympia.
What is the average sales price for listings in 3602 Lorne Street Southeast?
The average sales price for units in 3602 Lorne Street Southeast is $0 currently.

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