$289,900
SOLD MAY 14, 2014

1018 Capitol Way S Unit 5B Olympia, WA 98501

Downtown Olympia Neighborhood
1 Bed
2 Baths
1,238 Sq Ft
871 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

3% Below List Price

561 Days on Market

Highlights

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

About This Home

As of May 2017

Impressive investment penthouse view condo at Union Heights. Luxurious, efficient & comfortable living. Come take a look at the impressive western views of Capitol Lake & Capitol Dome & the Olympics. One Outdoor balcony, and one covered dedicated parking space in secure garage. Finished & complete with a tenant! All appliances and window coverings included. Secured building & elevator access. Olympia schools. 10' ceilings. Walls of windows. Enjoy the affordable and convenient urban lifestyle!

Last Agent to Sell the Property

Lisa Lageschulte

RE/MAX Connect License #41542 Listed on: 09/28/2012

RE/MAX Connect

Last Buyer's Agent

Catherine' 'Haag

Van Dorm Realty, Inc License #21392

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM409640

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 2009

Property Views

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

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 81110001200

Community Details

Overview

  • 8 Units
  • 5-Story Property

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,644

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • New Construction: Completed
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1238
  • Window Coverings: Yes - Included

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage, Off Street
  • Parking Space Number: 5B

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
  • 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
  • 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
  • Parcel Number: 81110001200

Rental Info

  • Monthly Rentif Rented: 1350

Tax Info

  • Tax Amount: 4491

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
May 25, 2017
Sold by
Ashcraft Joan F
Bought by
Sawyer Scott A
Seller's Agent
Madison Del Vigo
Coldwell Banker Evergreen
Buyer's Agent
Kelley Morgan
Coldwell Banker Evergreen
List Price
$299,900
Sold Price
$292,500
Premium/Discount to List
-$7,400
-2.47%
Current Estimated Value
$459,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,543
Avg. Annual Appreciation
5.61%
Original Mortgage
$281,300
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2012
Closed on
May 8, 2014
Sold by
Union Capital Group Llc
Bought by
Ashcraft Joan F
Seller's Agent
Lisa Lageschulte
RE/MAX Connect
Buyer's Agent
Catherine' 'Haag
Van Dorm Realty, Inc
List Price
$300,000
Sold Price
$289,900
Premium/Discount to List
-$10,100
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$139,900
Interest Rate
4.38%
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 Type Sale Price Title Company
Warranty Deed $292,219 Thurston County Title
Warranty Deed $289,900 Thurston County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 New Conventional
Closed $281,300 New Conventional
Previous Owner $139,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $292,500 -2.5% $247 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $299,900 +3.4% $254 / Sq Ft
05/14/2014 05/14/14 Sold $289,900 0.0% $234 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
04/04/2014 04/04/14 Price Changed $289,900 -3.4% $234 / Sq Ft
09/23/2013 09/23/13 For Sale $300,000 0.0% $242 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
09/28/2012 09/28/12 For Sale $300,000 -- $242 / 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 $4,644 $417,200 $92,200 $325,000
2023 $4,644 $443,900 $116,700 $327,200
2022 $4,509 $450,100 $109,100 $341,000
2021 $3,891 $377,300 $119,500 $257,800
2020 $3,956 $301,200 $106,800 $194,400
2019 $3,623 $298,800 $116,500 $182,300
2018 $4,173 $309,800 $146,300 $163,500
2017 $3,663 $293,150 $139,050 $154,100
2016 $3,753 $249,150 $118,450 $130,700
2014 -- $300,150 $139,350 $160,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM409640

Northwest Multiple Listing Service (NWMLS)

APN: 81110001200