$252,900
SOLD JAN 9, 2015

1018 Capitol Way S Unit 4B Olympia, WA 98501

Downtown Olympia Neighborhood
2 Beds
1 Bath
1,198 Sq Ft
741 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

8% Below List Price

825 Days on Market

Highlights

  • Views of a Sound
  • Bamboo Flooring
  • 3-minute walk to WWII Memorial
  • Lincoln Elementary School Rated A-

About This Home

As of October 2021

Investment & urban care free lifestyle opportunity! Brand new condo in the heart of Olympia. Grand views of Mt. Rainier, downtown Olympia, Budd Inlet & Priest Point Park. Great floor plan. 2 bedrooms, 1.75 baths, 1 covered dedicated parking space in a secure garage. Secured building & elevator access. Impressive views. Convenient location. 10' ceilings. Walls of windows. Corian counters. Small outdoor standing / reflection balcony. Enjoy the affordable & convenient maintenance free lifestyle!

Last Agent to Sell the Property

Lisa Lageschulte

RE/MAX Connect License #41542 Listed on: 09/26/2012

RE/MAX Connect

Last Buyer's Agent

Kris & Brian Paeth

Van Dorm Realty, Inc License #42994

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM409679

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 2009

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bathroom

Parking

  • Common or Shared Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 81110000800

Community Details

Overview

  • 8 Units
  • Olympia Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,814

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • New Construction: Completed
  • Entrance Level: Main
  • New Construction: Y
  • Unit Floor Number: 4
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1198

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Flat
  • View: Bay, City, Mountain, Sound, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage, Off Street
  • Parking Space Number: 4B

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Water Heater: Hall Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • Numberof Units In Complex: 8
  • HOA Fees: 225
  • Community Name: Olympia
  • Project: Union Heights
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Michael Chun (360) 507-6380
  • Association Contact: Michael Chun (360) 507-6380
  • Common Property Features: Elevator, Fire Sprinklers, High Speed Int Avail, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Penthouse, Walk-In Closet

Schools

  • Elementary School: Lincoln Elem
  • Middle School: Wash Mid
  • High School: Olympia High
  • School District: OLY

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 81110000800

Tax Info

  • Tax Amount: 3350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 27, 2021
Sold by
Vanmeighem William F and Vanmeighem Van Meighem
Bought by
Enlow Nicole
Seller's Agent
Anya Myer
RE/MAX Parkside Affiliates
Buyer's Agent
Katie Christensen
NextHome Northwest Group
List Price
$458,000
Sold Price
$445,000
Premium/Discount to List
-$13,000
-2.84%
Total Days on Market
825
Current Estimated Value
$481,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,397
Avg. Annual Appreciation
2.24%
Original Mortgage
$356,000
Outstanding Balance
$330,222
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$151,562

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 22, 2016
Sold by
Cowgill Lale Douglas and Cowgill Carol
Bought by
Vanmieghem William F and Vanmieghem Van Mieghem
Seller's Agent
Lisa Lageschulte
RE/MAX Connect
Buyer's Agent
Nancy Conner
City Realty, Inc.
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$200,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2015
Sold by
Cowgill Lale D and Cowgill Carol A
Bought by
The L Douglas & Carol Cowgill Joint Revo

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jan 9, 2015
Sold by
Union Capital Group Llc
Bought by
Cowgill Lale D and Cogwill Carol A
Seller's Agent
Lisa Lageschulte
RE/MAX Connect
Buyer's Agent
Kris & Brian Paeth
Van Dorm Realty, Inc
List Price
$275,000
Sold Price
$252,900
Premium/Discount to List
-$22,100
-8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 Thurston County Title
Warranty Deed $249,719 Thurston County Title
Interfamily Deed Transfer -- None Available
Warranty Deed $252,619 Thurston County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,000 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $445,000 -2.8% $390 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $458,000 +83.2% $402 / Sq Ft
09/07/2016 09/07/16 Sold $250,000 -2.0% $219 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/05/2016 07/05/16 Price Changed $255,000 -3.8% $224 / Sq Ft
06/10/2016 06/10/16 For Sale $265,000 +4.8% $232 / Sq Ft
01/09/2015 01/09/15 Sold $252,900 -2.7% $211 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
09/18/2014 09/18/14 Price Changed $259,900 -1.9% $217 / Sq Ft
04/04/2014 04/04/14 Price Changed $264,900 -3.7% $221 / Sq Ft
09/28/2012 09/28/12 For Sale $275,000 -- $230 / 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 $4,814 $437,700 $116,100 $321,600
2023 $4,814 $460,200 $136,700 $323,500
2022 $4,541 $465,400 $127,800 $337,600
2021 $3,922 $380,000 $124,900 $255,100
2020 $4,249 $303,600 $111,600 $192,000
2019 $3,880 $321,000 $140,800 $180,200
2018 $4,015 $298,100 $136,600 $161,500
2017 $3,462 $276,950 $127,250 $149,700
2016 $3,465 $229,650 $102,650 $127,000
2014 -- $277,050 $120,750 $156,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM409679

Northwest Multiple Listing Service (NWMLS)

APN: 81110000800