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Description and Features
Wonderful like new home in the Fredrickson area, convenient to bases and I-5; this home features 3 large bedrooms, 2.5 baths, with large kitchen bar overlooking dining and living area with gas fire place. Located on a .34 acre lot with immaculate landscaping, this home is in a neighborhood with 1 in 5 zoning, no new const; perfect for first time buyer or investor. All window treatments stay with home, all appliances stay. Free home warranty! Minutes to I-5 off of hwy 512, 15 min to bases.
Bedrooms:3
Bathrooms:2
Parking Spaces:2
Square Feet:1464
Lot Size:.340
Year Built:1997
Floors:1
MLS #:29093367
Location
Click to view map: 10910 40th Ave E Tacoma WA 98446
Links
 
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Description and Features
Wonderful like new home in Edgewater; this home features 3 large bedrooms, 2.5 baths, with large kitchen bar overlooking dining and living area with gas fire place. Located on a large corner lot with immaculate landscaping, this home sits across from the community playground on a one way cul-de-sac; perfect for first time buyer or investor. All window treatments stay with home, seller reserves fridge. Free home warranty! Minutes to I-5 at Hawks Prairie, 15 min to DuPont and bases.
Bedrooms:3
Bathrooms:2.5
Parking Spaces:2
Square Feet:1497
Year Built:2006
Floors:2
MLS #:29087624
Location
Click to view map: 7633 Rushmore Way NE Lacey WA 98516
Links
 
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Description and Features
5.7 acre private park in Tumwater? This fantastic home is located at the end of a private drive in Tumwater, with a huge well maintained yard, fruit trees, and outbuildings. Interior features include 3 fireplaces, double French doors onto patio, and sky lights everywhere; check out the second kitchen, bath and private access to the lower level when you visit. Nature lovers will be thrilled with the woodlands and abundant wildlife just out the back door. FREE AHS Home Warranty!
Bedrooms:3
Bathrooms:2.5
Parking Spaces:1
Square Feet:2236
Lot Size:5.720
Year Built:1967
Floors:2
MLS #:29080193
Location
Click to view map: 6525 Lazy Lane SW Tumwater WA 98512
Links
 
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Description and Features
Immaculate home located on quiet cul-de-sac street. This home features new roof and windows, floor coverings, millwork and other upgraded interior finishes. Visit and check out the huge master bed/bath, and large (1/4 acre) fully fenced yard backing onto greenbelt and pasture land. Like new appliances and high efficiency wood stove mean $ savings; 15 minutes to Ft. Lewis, 5 min to I5. Free home warranty.
Bedrooms:3
Bathrooms:2
Parking Spaces:2
Square Feet:1072
Lot Size:.230
Year Built:1985
Floors:1
MLS #:29065449
Location
Click to view map: 1321 Clover Loop SE Olympia WA 98513
Links
 

 THURSTON COUNTY

For The Period of February 1-28 2009

                       

  

Feb 1 -

Jan

New

  

New

Active

Feb 28

2009

Const

Resale

Const %

Thurston County

1536

1522

448

1088

29%

Lacey

175

177

66

109

38%

Hawks Prairie

290

298

112

178

39%

Olympia

307

285

61

246

20%

Tumwater

168

153

84

84

5%

Yelm

294

299

84

210

29%

 

Pending

Feb 1 -

Jan

YTD

YTD

  

Sales

Feb 28

2009

2009

2008

% Change

Thurston County

277

289

566

573

-2%

Lacey

47

49

96

110

-13%

Hawks Prairie

64

63

127

105

22%

Olympia

38

63

101

106

-5%

Tumwater

21

29

50

59

-16%

Yelm

46

37

83

106

-22%

 

  

Feb 1 -

Jan

YTD

YTD

  

Sold

Feb 28

2009

2009

2008

% Change

Thurston County

145

174

319

381

-17%

Lacey

15

29

44

77

-43%

Hawks Prairie

39

30

99

85

1.16%

Olympia

30

37

67

61

1.09%

Tumwater

16

11

27

46

-42%

Yelm

20

31

51

61

-17%

 

  

Average Time On

Average Time On

Area

Market YTD 09

Market YTD 08

Thurston County

124

110

Lacey

131

113

Hawks Prairie

149.5

205

Olympia

105

96.8

Tumwater

181

116

Yelm

77

84

 

  

Average Home Sale

Average Home Sale

Area

Price Feb 09

Price Feb 08

Thurston County

$270,316

$290,097

Lacey

$225,920

$246,130

Hawks Prairie

$296,767

$331,735

Olympia

$287,649

$302,231

Tumwater

$326,027

$339,405

Yelm

$222,733

$242,835

 

  

Median Home Sale

Median Home Sale

Area

Price Feb 09

Price Feb 08

Thurston County

$259,600

$260,000

Lacey

$225,000

$249,900

Hawks Prairie

$273,000

$330,120

Olympia

$292,617

$266,225

Tumwater

$324,500

$308,795

Yelm

$223,678

$215,758

•·          Data prepared by Phil Sharp, provided by NWMLS

MARKET SNAPSHOT:  To receive an email report on the value of your home and other homes in your neighborhood, recent sales and sales statistics.....CLICK> Custom Market Snapshot

IF YOU WOULD LIKE DETAILED INFORMATION ABOUT A SPECIFIC PROPERTY TYPE OR NEIGHBORHOOD, PLEASE CALL ME AT (360) 970-9977 or Email.

 

 

 I have included new foreclosure listings and price reductions that would normally be part of the foreclosure newsletter in place of top 10's.     We are still seeing a great deal of activity in the market.  Well priced listings, especially REO's and Short Sales, are experiancing somewhat of a sellers market;  good deals are bringing multiple offers and escalation clauses, something we haven't seen for quite a while.  I am sure that low interest rates, coupled with realistic pricing are what is driving this activity.  There are of course over priced homes still languishing on the market, but those who are priced right are making sales.   When the time is right, and you are ready to start looking for spring deals, let me know.  Shoot me an email and I will send you all of the distressed properties that we are currently tracking.  

New Short Sales & Price Reductions:

Olympia, Lacey & Tumwater:  View Listings Yelm, Rochester & Tenino:  View Listings  

New Bank Owned Homes & Price Reductions:

Olympia, Lacey & Tumwater:   View Listings Yelm, Rochester & Tenino:  View Listings                               

                                                                                  

                                                                                THURSTON COUNTY

                                                                  For The Period of January 1-31 2009

  Jan 1 - Dec New   New
Active Jan 31 2008 Const Resale Const %
Thurston County 1522 1591 440 1082 .29%
Lacey 177 198 65 112 .37%
Hawks Prairie 298 316 114 184 .38%
Olympia 285 287 57 228 .02%
Tumwater 153 165 78 75 .51%
Yelm 299 287 82 217 .27%

 

Pending Jan 1 - Dec YTD YTD  
Sales Jan 31 2008 2009 2008 % Change
Thurston County 289 214 289 257 1.12%
Lacey 49 41 49 55 -.11%
Hawks Prairie 63 39 63 48 1.31%
Olympia 63 44 63 48 1.31%
Tumwater 29 14 29 22 1.32%
Yelm 37 39 37 40 -.07%

 

  Jan 1 - Dec YTD YTD  
Sold Jan 31 2008 2009 2008 % Change
Thurston County 174 170 174 166 1.05%
Lacey 29 28 29 30 -.03%
Hawks Prairie 30 22 30 65 -.54%
Olympia 37 37 37 26 1.42%
Tumwater 11 17 11 19 -.42%
Yelm 31 36 31 26 1.19%

 

  Average Time On Average Time On
Area Market YTD 09 Market YTD 08
Thurston County 123 100
Lacey 151 82
Hawks Prairie 129 83.5
Olympia 114.4 106.2
Tumwater 212 125
Yelm 66 92

                                                       ·Data prepared by Phil Sharp, provided by NWMLS

 

MARKET SNAPSHOT:  To receive an email report on the value of your home and other homes in your neighborhood, recent sales and sales statistics.....CLICK> Custom Market Snapshot

 

IF YOU WOULD LIKE DETAILED INFORMATION ABOUT A SPECIFIC PROPERTY TYPE OR NEIGHBORHOOD, PLEASE CALL ME AT (360) 970-9977 or Email.

 
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Description and Features
Private and accessible; This 5 acre parcel is all ready to go for your custom home. Long Private drive leads into a perfect home site, with large area for yard, shop or garden. Seller has prelim septic approval, water and power agreement with neighbor.

This is your opportunity to own 5 flat dry acres, and the seller is willing to carry a short term contract with acceptable down payment and credit verification.

Ask agent for terms.
MLS #:28188955
Location
Click to view map: 5129 222 Ave SW Centralia WA 98531
Links
 
Description and Features
Beautiful 2006 townhouse in desirable West Olympia. The house includes hardwood floors and tile countertops in the kitchen and wall to wall carpet throughout the rest of the home. Soaking tub in master bathroom. Fireplace in great room. Open concept. Very private on dead end street that backs to greenbelt. Great community with trails.
Bedrooms:3
Bathrooms:2.5
Parking Spaces:2
Square Feet:1602
Lot Size:3894
Year Built:2006
Floors:2
MLS #:28142063
Location
Click to view map: 3911 Crestwood Ln NW Olympia WA 98502
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Description and Features
Like new custom home in Nisqually Ridge; located on 1/3 of an acre and backing onto greenbelt, this home features a private fenced yard, large covered patio w/sep patio off master, and RV space. Open floor plan w/ many upgrades including cherry cabinets, granite counters, 10’ sculpted ceilings, formal entry, office, and potential bonus room above garage. King sized master w/5 pc master bath, large walk-in closet adjacent, and private patio access. SS appliances, custom lighting and windows, and a gas/heat pump hybrid are just a few of the amenities that this home offers. Free home warranty with purchase.
Bedrooms:3
Bathrooms:2
Parking Spaces:2
Square Feet:1854
Lot Size:.340
Year Built:2005
Floors:1
MLS #:29018238
Location
Click to view map: 721 Torden Lane SE Olympia WA 98513
Links
 

Short Sales & Bank Owned :

Olympia, Lacey, Tumwater   View Listings

Yelm, Tenino, Rochester  View Listings

RealtyTrac<sup>TM</sup> Logo

Nationwide Agent Network

 
January 2009  Vol 3 Issue 3
Foreclosure Market Trends Report Download PDF File
6 month National Foreclosure Trends
NOD NTS NFS LIS REO
Search for Investment Properties>

FORECLOSURE ACTIVITY INCREASES 81 PERCENT IN 2008

A total of 3,157,806 foreclosure filings" default notices, auction sale notices and bank repossessions" were reported on 2,330,483 U.S. properties during 2008, an 81 percent increase in total properties from 2007 and a 225 percent increase in total properties from 2006, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows that 1.84 percent of all U.S. housing units (one in 54) received at least one foreclosure filing during the year, up from 1.03 percent in 2007. Foreclosure filings were reported on 303,410 U.S. properties in December, up 17 percent from the previous month and up nearly 41 percent from December 2007.  Complete Story

New Ultimatum Hits Lenders: Buy Loans or Foreclose

By Peter G. Miller

It was in early October when Bank of America said it would modify 400,000 mortgages originated during past few years by its newly acquired Countrywide subsidiary. Between interest-rate cuts and principal reductions borrowers would save $8.4 billion. That's just great, says William Frey, but there's one problem: Bank of America wants to change the terms of a lot of loans it doesn't own. To be specific, it wants to change the terms of mortgages owned by Frey.  Complete Story  

Here are some of the most recent Investment opportunities in the area.

Bank-Owned
Greenbriar St SE
Olympia,
WA 98503
  • Market Value
  • Default Amount
  • $208,000
  • N/A
  • Beds/Bath
  • Sq. FT
  • 0/0
  • 0
Property Type Address Market Value Default Sq. Ft.  
Auction Auction Date: 4/17/09 22nd Ave SE,
Lacey, WA 98503
$208,000 N/A 1,372 GET DETAILS
View more properties in Thurston County

Which Remodeling Projects Pay Off?

Anyone planning to buy or invest in a foreclosure property should budget for the basic cosmetic repairs" a fresh coat of paint, new carpet and maybe some simple touches like new light fixtures. But many foreclosure buyers and investors need to go far beyond the basic repairs to transform the property into a profitable investment" while spending as little as possible to do so. A new survey from LowesTM  home improvement chain shows which remodeling projects cost the least and which add the most value to a home. Complete Story  
Foreclosure Trends : November, 2008
National Washington Thurston CTY
NODs 44,825 105 1
NTSs 85,487 2,457 74
NFSs 27,860 0 0
LISs 63,112 0 0
REOs 90,727 1,283 52
Search for Investment Properties
Foreclosure Terms
Notice of Default (NOD) A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD
Lis Penden (LIS) Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS
Auction / Notice of Trustee's Sale (NTS) A filing by notice announcing a public auction. More about NTS
Notice (Judgment) of Foreclosure Sale (NFS) An order signed by a judge directing to sell the property at public auction. More about NFS
Real Estate Owned (REO) The final step in foreclosure process in which property ownership returns to lender. More about REOs
  30 yr fixed mtg 4.96% 15 yr fixed mtg 4.65% 5/1 ARM 5.25%

 


 
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Phil Sharp

Olympia, WA

More about me…

Abbey RE inc.

Address: 4135 Sleater Kinney Rd. NE, Olympia, WA, 98506

Office Phone: (360) 455-1366

Cell Phone: (360) 970-9977

Email Me

Olympia, Lacey, Tumwater and Greater Thurston County Washington Real Estate and community information. Retired Army Realtor Serving the needs of the soldiers and airmen of Fort Lewis and McCord AFB. Learn about local neighborhoods and real estate issues.


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