NOT LISTED FOR SALE

1202 Black Lake Blvd SW Olympia, WA 98502

South Westside Neighborhood

Estimated Value: $2,906,496

-- Bed
-- Bath
35,896 Sq Ft
$81/Sq Ft Est. Value

About This Home

This home is located at 1202 Black Lake Blvd SW, Olympia, WA 98502 and is currently estimated at $2,906,496, approximately $80 per square foot. 1202 Black Lake Blvd SW is a home located in Thurston County with nearby schools including Julia Butler Hansen Elementary School, Thurgood Marshall Middle School, and Capital High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Shamrock Estates Llc
Bought by
Black Re Properties Llc
Current Estimated Value
$2,906,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,182,160
Outstanding Balance
$2,089,364
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$817,132

Purchase Details

Closed on
Mar 29, 2007
Sold by
1202 Black Lake Llc
Bought by
Shamrock Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,215,181
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2003
Sold by
Hamilton Brooks Llc
Bought by
1202 Black Lake Llc

Purchase Details

Closed on
Jan 16, 1997
Sold by
Morse Lyle T and Morse Valinda I
Bought by
Hamilton Brookes Llc

Purchase Details

Closed on
Oct 30, 1995
Sold by
Jack Martin Co
Bought by
Morse Lyle T and Morse Valinda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
7.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Black Re Properties Llc $2,727,700 Chicago Title
Shamrock Estates Llc $2,000,000 Stewart Title Western Wa Inc
1202 Black Lake Llc -- Thurston County Title
Hamilton Brookes Llc -- --
Morse Lyle T $1,400,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Re Properties Llc $2,182,160
Previous Owner Shamrock Estates Llc $1,215,181
Previous Owner Morse Lyle T $770,000
Source: Public Records

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 $28,257 $2,912,800 $874,900 $2,037,900
2023 $28,257 $2,813,300 $902,000 $1,911,300
2022 $30,228 $4,203,100 $921,500 $3,281,600
2021 $30,723 $2,533,700 $874,900 $1,658,800
2020 $31,252 $2,383,400 $975,800 $1,407,600
2019 $23,815 $2,365,300 $1,011,300 $1,354,000
2018 $26,536 $1,971,800 $683,300 $1,288,500
2017 $29,383 $2,356,450 $673,450 $1,683,000
2016 $22,949 $2,056,000 $842,400 $1,213,600
2014 -- $1,838,700 $762,600 $1,076,100
Source: Public Records

Map

Washington Thurston County Olympia 98502 South Westside

1202 Black Lake Blvd SW, Olympia, WA

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