NOT LISTED FOR SALE

1018 Capitol Way S Unit 4A Olympia, WA 98501

Downtown Olympia Neighborhood

Estimated Value: $751,562 - $849,000

3 Beds
2 Baths
2,174 Sq Ft
1,394 Sq Ft Lot

Last Sold September 08, 2020

Last sale price $603,000 $277 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,981/month

30 Days on Market

Highlights

  • City View
  • Bamboo Flooring
  • Corner Lot
  • Lincoln Elementary School Rated A-
  • Modern Architecture
  • 3-minute walk to WWII Memorial

About This Home

As of September 2020

Behold! Urban luxury in downtown Olympia. SW corner condo boasts a wall of windows & wrap-around balcony for taking in the view. Desirable open concept floor plan is vast w/ high ceilings & includes sustainable bamboo hdwds, a chef’s kitchen with step-up island, corian counter tops, stylish tile back splash, stainless steel appl, under cabinet lighting... Includes a lg additional storage space & 2 premium, secure parking spots. This secure building is super convenient to I-5 & all downtown Oly!

Last Agent to Sell the Property

Katrina Schmitt

COMPASS License #25381 Listed on: 06/24/2020

COMPASS

Last Buyer's Agent

Kelley Morgan

Coldwell Banker Evergreen License #82680

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1620525

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,706

Year Built

  • Built in 2010

Lot Details

  • 1,394

Parking

  • Common or Shared Parking

Property Views

  • City
  • Mountain

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 81110000700

Community Details

Overview

  • 8 Units
  • Olympia Community
  • 5-Story Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,706

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Modern
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Storage: Across Hallway
  • Estimated Sq Ft: 2174

Exterior Features

  • Exterior: Brick
  • Roof: Flat
  • View: City, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 2A, 3A

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Water Heater: Closet Off Master bath-Tank

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • HOA Fees: 275
  • Community Name: Olympia
  • Project: Union Heights
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Tom Rawson (360) 870-1791
  • Association Contact: Tom Rawson (360) 870-1791
  • Common Property Features: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Jetted/Soaking Tub, Master Bath, Walk-In Closet

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: OLY

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 81110000700

Tax Info

  • Tax Amount: 6286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Sep 4, 2020
Sold by
Rawson Thomas Patrick
Bought by
Rosen Mark J and Rosen Kazuko Y
Seller's Agent
Katrina Schmitt
COMPASS
Buyer's Agent
Kelley Morgan
Coldwell Banker Evergreen
List Price
$639,800
Sold Price
$603,000
Premium/Discount to List
-$36,800
-5.75%
Total Days on Market
30
Current Estimated Value
$817,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,641
Avg. Annual Appreciation
4.81%
Original Mortgage
$130,000
Outstanding Balance
$98,236
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$654,805

Purchase Details

Listed on
Jul 17, 2014
Closed on
Feb 24, 2016
Sold by
Chun Michael S and Chun Clara A
Bought by
Rawson Thomas Patrick
Seller's Agent
Lisa Lageschulte
RE/MAX Connect
Buyer's Agent
Niki Hatzenbuehler
Sterling Johnston Real Estate
List Price
$595,000
Sold Price
$485,000
Premium/Discount to List
-$110,000
-18.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$365,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2014
Closed on
Feb 11, 2016
Sold by
Rawson Nancy Kristine
Bought by
Rawson Thomas Patrick
Seller's Agent
Lisa Lageschulte
RE/MAX Connect
Buyer's Agent
Niki Hatzenbuehler
Sterling Johnston Real Estate
List Price
$595,000
Sold Price
$485,000
Premium/Discount to List
-$110,000
-18.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Rosen Mark J $603,000 Chicago Title Co Of Wa
Rawson Thomas Patrick $203,820 Thurston County Title
Rawson Thomas Patrick -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosen Mark J $130,000
Previous Owner Rawson Thomas Patrick $365,000
Previous Owner Chun Michael S $3,000,000
Previous Owner Chun Michael S $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $603,000 -1.1% $277 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $609,800 -3.2% $280 / Sq Ft
07/08/2020 07/08/20 Price Changed $629,800 -1.6% $290 / Sq Ft
06/24/2020 06/24/20 For Sale $639,800 +31.9% $294 / Sq Ft
02/29/2016 02/29/16 Sold $485,000 -3.0% $214 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/07/2015 12/07/15 Price Changed $499,990 -7.4% $220 / Sq Ft
10/31/2015 10/31/15 Price Changed $539,900 -1.8% $238 / Sq Ft
08/31/2015 08/31/15 Price Changed $549,900 -3.5% $242 / Sq Ft
02/23/2015 02/23/15 Price Changed $569,900 -4.2% $251 / Sq Ft
07/17/2014 07/17/14 For Sale $595,000 -- $262 / 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 $7,706 $725,700 $133,300 $592,400
2023 $7,706 $737,200 $158,900 $578,300
2022 $7,424 $769,000 $148,600 $620,400
2021 $6,285 $621,700 $146,600 $475,100
2020 $6,286 $487,000 $131,100 $355,900
2019 $5,753 $475,200 $150,500 $324,700
2018 $5,999 $445,500 $146,300 $299,200
2017 $5,519 $442,050 $139,050 $303,000
2016 $5,105 $377,350 $118,450 $258,900
2014 -- $408,550 $139,350 $269,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1620525

Northwest Multiple Listing Service (NWMLS)

APN: 81110000700