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7003 Bailey Street Southeast

7003 Bailey Street Southeast, Olympia, WA 98513
Property in Thurston
Sold Jul 31, 2020
$405,000
$414,315 by United Wholesale Mortgage
Mortgage Due Aug 01, 2050
Sold Sep 26, 2007
$313,280
$313,000 by Ctx Mortgage Company Llc
Mortgage Due Oct 01, 2037
Local assessors in Olympia, WA have categorized 7003 Bailey Street Southeast as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 4,934 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level 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, 5 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7003 Bailey Street Southeast has a total of 2,722 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 430 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 both a covered porch and a patio so you'll have great options in both the front and back 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7003 Bailey Street Southeast was last sold in Jul 25, 2020 for $405,000. According to our calculations, that's $128.49 per sqft. Prior to that sales transaction, the property was sold for $313,280 in Sep 19, 2007. Current property owners are expected to pay $4,856 in taxes per year. The property on 7003 Bailey Street Southeast was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $539,100. To break that down further, the land itself was valued at $62,900. While improvements to the property were assessed at a total of $476,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 430
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,934
  • Total Building Area: 3,152
  • Gross Building Area: 3,288
  • Building Area: 2,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,722
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HORIZON POINTE
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SECTION 04 TOWNSHIP 17 RANGE 1W QUARTER SE SW PLAT HORIZON POINTE DIV 2 LT 377 DOCUMENT 3738975

Ownership

  • Current Owner : POTTER JENNIFER
  • Current Owner 2: HUGHES CHRISTOPHER
  • Previous Owner : HAMMER JOHN M
  • Previous Owner 2: HAMMER PATRICIA R
  • Owner Before Previous Owner: SOUND BUILT HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 08, 2022

Neighborhood

  • School District Name: North Thurston Public Schools
  • School Tax School District: NORTH THURSTON
  • Census Tract: 011623

Zoning

  • Zoning: LD 3-6

Geography

  • Parcel: 55290037700
  • Lot: 377
  • Meridian: SEC 04 TWN 17 RNG 01
  • Municipality: CITY OF LACEY
  • Latitude: 46.9851
  • Longitude: -122.815

    Address

  • Full Address: 7003 Bailey St Se
  • Address - House Number: 7003
  • Street Segment Direction: SE
  • Address - Street Name: Bailey
  • Address - Suffix Type: St
  • State: WA
  • City Name: Lacey
  • Carrier Code: C054
  • 4-Digit Zip Code: 5020
  • Zip Code: 98513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,856
  • Tax Rate Code Area: 241

    Appraisal Valuation

  • Standard Deviation: 0.1426
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 83
  • Final Value: 568,660
  • High Value: 649,768
  • Low Value: 487,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $414,315
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $414,315
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $539,100
  • Market Land Value: $62,900
  • Market Improvement Value: $476,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $539,100
  • Assessed Land Value: $62,900
  • Assessed Improvements Value: $476,200

    Sales

  • Current Sale Contract Date: Jul 25, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11775876847
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4771557
  • Previous Sale Recording Date: Sep 26, 2007
  • Previous Sale Contract Date: Sep 19, 2007
  • Previous Sale Amount: $313,280
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $414,315
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CTX MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Sep 26, 2007
  • Previous Mortgage Loan Amount: $313,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2037

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Frequently Asked Questions

What neighborhood is 7003 Bailey Street Southeast located in?
The 7003 Bailey Street Southeast is a located in the neighborhood of Thurston in Lacey, Olympia.
What is the average sales price for listings in 7003 Bailey Street Southeast?
The average sales price for units in 7003 Bailey Street Southeast is $0 currently.

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