Listed by Coldwell Banker Evergreen, Bought with Real Estate With Nik & Co
$474,000
SOLD NOV 5, 2024

1018 Capitol Way S Unit 5E Olympia, WA 98501

Downtown Olympia Neighborhood
2 Beds
1.5 Baths
989 Sq Ft
$606/mo HOA Fee

Recently Sold

$479 Per Sq Ft

5% Below List Price

281 Days on Market

Highlights

  • Views of a Sound
  • Unit is on the top floor
  • Engineered Wood Flooring
  • Lincoln Elementary School Rated A-
  • Property is near public transit
  • 3-minute walk to WWII Memorial

About This Home

As of November 2024

WOW! Amazing views of the Olympics, Bay, Sound, Capitol Lake & our beautiful city from this urban chic 5th floor corner unit in Union Heights. In the heart of downtown Olympia w/floor to ceiling windows that magnify the panoramic scene. Relish the gorgeous vistas from the L-shaped wrap-around deck that expand living space to outdoors. Enjoy picturesque views while you cook, live & dine. 10' ceilings w/architectural detail up the impact of this stylish condo. Beautiful cabinetry, stainless appliances, new carpet & int. paint. Mini-splits keep you comfy year round w/heat & cooling. You will own 2 parking stalls in garage, which is RARE. Secure building, garage & elevator access. Super location near shopping, dining, Capitol Campus & I-5.

Last Agent to Sell the Property

Jan Ward

Coldwell Banker Evergreen License #124699

Coldwell Banker Evergreen

Last Buyer's Agent

Katie Coulter

Real Estate With Nik & Co License #138770

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2181713

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 2010

Lot Details

  • End Unit
  • Northwest Facing Home
  • Sprinkler System

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Off-Street Parking

Property Views

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

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 989 Sq Ft Home
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Lincoln Elementary School
  • Wash Mid Middle School
  • Olympia High School

Utilities

  • Ductless Heating Or Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, sewer, water
  • 8 Units
  • Anaya Balter Association
  • Secondary HOA Phone (360) 628-3178
  • Union Heights Condo
  • Capital Campus Subdivision
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,669

Year Built

Built in 2010

Lot Details

0

HOA Fees

$606 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2010
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Union Heights Condo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 989
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Sprinkler System,Top Floor,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2181713?w=Consumer&agent=108871
  • Special Features: None
  • Cumulative Days on Market: 432

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Electric, Dryer-Electric, Wall to Wall Carpet, Washer, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 5
  • Bathrooms: 1.25
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 5
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat
  • View: Bay, City, Lake, Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northwest
  • Exterior Features: Brick, Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Off Street
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 15A,4A

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Utility Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Outside Entry
  • Senior Community: No
  • Association Fee: 606
  • Association Fee Frequency: Monthly
  • Phone: 360-628-3178
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Anaya Balter
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 81110001500
  • Lot Size Acres: 0.0147
  • Lot Size Sq Ft: 642
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4669

Multi Family

  • Number Of Units In Community: 8
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Lincoln Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Oct 21, 2024
Sold by
Ferguson Margaret Marie
Bought by
Fuller Dean
Seller's Agent
Jan Ward
Coldwell Banker Evergreen
Buyer's Agent
Katie Coulter
Real Estate With Nik & Co
List Price
$499,000
Sold Price
$474,000
Premium/Discount to List
-$25,000
-5.01%
Total Days on Market
281
Views
514
Current Estimated Value
$485,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,662
Avg. Annual Appreciation
2.16%
Original Mortgage
$284,400
Outstanding Balance
$283,842
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$195,864

Purchase Details

Closed on
Aug 25, 2023
Sold by
Ferguson Calvin Dee
Bought by
Ferguson Margaret Marie

Purchase Details

Closed on
Jun 1, 2010
Sold by
Union Capital Group Llc
Bought by
Ferguson Calvin D and Ferguson Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Map

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 $474,000 Thurston County Title
Warranty Deed $379,900 Stewart Title Of Western Was
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,400 New Conventional
Previous Owner $70,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $474,000 -5.0% $479 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $499,000 0.0% $505 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $499,000 -3.1% $505 / Sq Ft
11/28/2023 11/28/23 For Sale $515,000 -- $521 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $4,865 $442,200 $133,300 $308,900
2023 $4,865 $465,100 $158,900 $306,200
2022 $4,649 $467,900 $148,600 $319,300
2021 $4,035 $389,000 $146,600 $242,400
2020 $4,239 $312,400 $131,100 $181,300
2019 $3,878 $320,200 $150,500 $169,700
2018 $4,011 $297,800 $146,300 $151,500
2017 $3,454 $276,350 $139,050 $137,300
2016 $3,999 $234,950 $118,450 $116,500
2014 -- $319,900 $176,500 $143,400
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2181713

Northwest Multiple Listing Service (NWMLS)

APN: 81110001500