NOT LISTED FOR SALE

1033 Summit Lake Cir NW Olympia, WA 98502

Estimated Value: $1,296,000 - $1,429,000

2 Beds
1 Bath
2,808 Sq Ft
$485/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $1,162,500 $414 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,034/month

Highlights

  • Boathouse
  • Spa
  • Deck
  • Docks
  • Lake View
  • Wood Flooring

About This Home

As of August 2021

Unbelievable opportunity to own the best of the best on Summit Lake. Ideal location with Western Exposure panoramic view, level lawns to 53' no bank waterfront w/dock, boat lift, boat house & jet ski dock. Loaded w/ quality and custom finishes this home is move-in ready for summer living, the outdoor spaces reign supreme w/multiple view decks, patios & hot tub. The light & airy floor plan was designed to highlight the views from nearly every room. Primary suite on the main w/additional bedroom and bath. Plus a lower level family room w/2 additional rooms, ample spaces for working/studying from home. Room for everyone...you will have plenty of guests who want to enjoy the waterfront lifestyle. Don't miss dedicated parking for guests too!

Last Agent to Sell the Property

Brenda Waldner

RE/MAX Northwest License #21015427 Listed on: 07/15/2021

RE/MAX Northwest

Co-Listed By

Jeffery Waldner

RE/MAX Northwest License #125058

Last Buyer's Agent

Justin Koehn

Abbey Realty Inc License #2325

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1799297

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,100

Year Built

  • Built in 1959

Lot Details

  • Level Lot
  • Sprinkler System

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Boathouse
  • Docks
  • Deck
  • Patio

Utilities

  • Propane
  • The lake is a source of water for the property
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Summit Lake Community

Listing and Financial Details

  • Assessor Parcel Number 77100004200

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,100

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wired For Generator, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet, S
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2808
  • Square Footage Finished: 2808

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Concrete Block, Post And Block, Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bulkhead, Lake, No Bank
  • Waterfront Frontage: 53

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Heater: Basement-Electric
  • Water Source: Lake

Condo/Co-op/Association

  • Community Name: Summit Lake
  • Project: Summit Lake

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Number: 42
  • Lot Details: Paved Street
  • Lot Sq Ft: 6854
  • Lot Topography Vegetation: Level, Terraces
  • Parcel Number: 77100004200
  • Lot Topography: Level, Terraces

Tax Info

  • Tax Amount: 6244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 17, 2021
Sold by
Schiewe Timothy William and Schiewe Kathy Lynne
Bought by
Ramsey Susan Cristine and Ramsey Steven Ryan
Seller's Agent
Brenda Waldner
RE/MAX Northwest
Buyer's Agent
Justin Koehn
Abbey Realty Inc
List Price
$1,150,000
Sold Price
$1,162,500
Premium/Discount to List
$12,500
1.09%
Current Estimated Value
$1,360,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,052
Avg. Annual Appreciation
3.85%
Original Mortgage
$548,250
Outstanding Balance
$498,529
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$862,023

Purchase Details

Listed on
Feb 5, 2013
Closed on
Apr 5, 2013
Sold by
Bagnell Gordon A and Bagnell Kelly R
Bought by
Schiewe Timothy William and Schiewe Kathy Lynne
Seller's Agent
Mia Magpie-Sweeney
RE/MAX Parkside Affiliates
Buyer's Agent
Brenda Waldner
RE/MAX Northwest
List Price
$577,500
Sold Price
$577,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$297,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Bagnell Gordon A
Bought by
Bagnell Gordon A and Bagnell Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2001
Sold by
Herigstad George W and Herigstad Patricia A
Bought by
Bagnell Gordon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.67%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ramsey Susan Cristine $1,162,500 Chicago Title Lacey
Schiewe Timothy William $577,500 Stewart Title Of Western Was
Bagnell Gordon A -- First American Title
Bagnell Gordon A $240,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Susan Cristine $548,250
Previous Owner Schiewe Timothy William $297,500
Previous Owner Bagnell Gordon A $350,000
Previous Owner Bagnell Gordon A $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2021 08/24/21 Sold $1,162,500 +1.1% $414 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,150,000 +99.1% $410 / Sq Ft
04/12/2013 04/12/13 Sold $577,500 0.0% $206 / Sq Ft View Prior Sale
02/16/2013 02/16/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $577,500 -- $206 / 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 $10,100 $1,239,300 $278,300 $961,000
2023 $10,100 $1,189,000 $280,100 $908,900
2022 $7,668 $1,027,300 $263,000 $764,300
2021 $6,244 $787,300 $214,700 $572,600
2020 $8,037 $571,500 $182,900 $388,600
2019 $7,024 $659,100 $167,100 $492,000
2018 $7,273 $578,700 $150,000 $428,700
2017 $5,991 $488,400 $198,500 $289,900
2016 $6,217 $558,600 $171,200 $387,400
2014 -- $524,700 $171,200 $353,500
Source: Public Records

Agents Affiliated with this Home

  • Brenda Waldner

    Seller's Agent in 2021

    Brenda Waldner

    RE/MAX Professionals

    (425) 505-3119

    118 Total Sales

    Brenda Waldner
    Section Image
  • Jeffery Waldner

    Seller Co-Listing Agent in 2021

    Jeffery Waldner

    RE/MAX Professionals

    (425) 419-8234

    60 Total Sales

    Jeffery Waldner
    Section Image
  • Justin Koehn

    Buyer's Agent in 2021

    Justin Koehn

    Abbey Realty Inc

    (360) 485-0089

    57 Total Sales

    Justin Koehn
    Section Image

  • M

    Seller's Agent in 2013

    Mia Magpie-Sweeney

    RE/MAX Parkside Affiliates

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1799297

Northwest Multiple Listing Service (NWMLS)

APN: 77100004200

Washington Thurston County Olympia 98502

1033 Summit Lake Cir NW, Olympia, WA

This home is located at 1033 Summit Lake Cir NW, Olympia, WA 98502 since 15 July 2021 and is currently estimated at $1,360,552, approximately $484 per square foot. This property was built in 1959. 1033 Summit Lake Cir NW is a home located in Thurston County with nearby schools including Griffin School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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