Listed by Van Dorm Realty, Inc., Bought with Van Dorm Realty, Inc.
NOT LISTED FOR SALE

1115 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $398,000 - $520,000

1 Bed
1 Bath
448 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $140,000 $312 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,790/month

60 Days on Market

About This Home

As of July 2013

Super cute waterfront cabin with dock on Summit Lake! Perfect setting for relaxation and entertaining. Large, flat waterfront yard in front of cabin. Wonderful weekend getaway cabin close to downtown Olympia. Would be great for multi-buyer vacation home investment too.

Last Agent to Sell the Property

Tiffany Wallace

Van Dorm Realty, Inc. Listed on: 04/16/2013

Last Buyer's Agent

Arthur Boardman

Van Dorm Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM473480

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$2,955

Year Built

1955

Lot Details

0

Listing Details

  • Condition: Average
  • Sq Ft Finished: 448
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Floor: Vinyl

Exterior Features

  • Roof: Composition, Flat
  • Community Features: Boat Launch
  • Exterior: Wood
  • Roof: Composition, Flat
  • Site Features: Deck, Dock
  • View: Lake
  • Waterfront: Bulkhead, Lake
  • Lot Topography: Level, Sloped

Utilities

  • Heating: Baseboard
  • Appliances: Range/Oven, Refrigerator
  • Heating and Cooling: Baseboard
  • Power Company: Puget Sound Energy

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jul 5, 2013
Sold by
Matthews David and Matthews Lydia
Bought by
Boyer Dennis A
Seller's Agent
Tiffany Wallace
Van Dorm Realty, Inc.
Buyer's Agent
Arthur Boardman
Van Dorm Realty, Inc.
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$481,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,343
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Jul 25, 2006
Sold by
Urquhart John and Cunningham Aaron
Bought by
Matthews David and Matthews Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,950
Interest Rate
6.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 2005
Sold by
Cunningham Karyn
Bought by
Cunningham Aaron
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Boyer Dennis A $120,000 First American Title
Matthews David $204,950 First American Title
Cunningham Aaron -- First American Title
Urquhart John -- First American Title
Urquhart John $166,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews David $99,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2013 07/08/13 Sold $140,000 0.0% $313 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
04/14/2013 04/14/13 For Sale $140,000 -- $313 / 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 $2,955 $367,500 $215,000 $152,500
2023 $2,955 $340,900 $209,700 $131,200
2022 $2,522 $317,800 $197,000 $120,800
2021 $2,182 $253,100 $160,200 $92,900
2020 $2,620 $202,900 $129,500 $73,400
2019 $2,360 $218,500 $121,600 $96,900
2018 $2,287 $177,700 $109,200 $68,500
2017 $2,390 $190,850 $145,050 $45,800
2016 $1,614 $103,900 $103,900 $0
2014 -- $131,400 $103,900 $27,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tiffany Wallace

    Van Dorm Realty, Inc.

  • A

    Buyer's Agent in 2013

    Arthur Boardman

    Van Dorm Realty, Inc.

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM473480

Northwest Multiple Listing Service (NWMLS)

APN: 77100005800

Washington Thurston County Olympia 98502

1115 Summit Lake Shore Rd NW, Olympia, WA

This home is located at 1115 Summit Lake Shore Rd NW, Olympia, WA 98502 since 16 April 2013 and is currently estimated at $481,343, approximately $1,074 per square foot. This property was built in 1955. 1115 Summit Lake Shore Rd 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.

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Based on information submitted to the MLS GRID

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