NOT LISTED FOR SALE

1215 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $342,152 - $518,000

2 Beds
1 Bath
528 Sq Ft
$768/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $113,000 $214 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $2,331/month

135 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Wooded Lot
  • Community Boat Launch
  • Deck
  • Wood Siding

About This Home

As of October 2018

True cabin living on a lake. Come enjoy all that Summit Lake has to offer. Swimming, boating, fishing and of course relaxing. This is a perfect get away home from the hustle and bustle of work life. You can enjoy your coffee in the quiet mornings out on the porch or on the dock. Watch the birds come and go and maybe catch a fish for the BBQ. It even comes with it's own outhouse. How about that? Ruff it but be close to amenities in Olympia.

Last Agent to Sell the Property

John Gregory

Terrafin License #27019 Listed on: 05/25/2018

Terrafin

Last Buyer's Agent

John Gregory

Terrafin License #27019 Listed on: 05/25/2018

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1299107

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1956

Lot Details

  • Low Bank Waterfront Property
  • Steep Slope
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Cabin
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Bulkhead
  • Deck

Additional Features

  • Lake Views
  • The lake is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 77100008300

Community Details

Overview

  • Summit Lake Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,242

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Microwave, Range/Oven
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 528
  • Square Footage Finished: 528

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar
  • Roof: Composition, Flat
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Power Company: PSE
  • Water Source: Lake

Condo/Co-op/Association

  • Community Name: Summit Lake
  • Community Features: Boat Launch

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: GRF

Lot Info

  • Lot Sq Ft: 5786
  • Lot Topography Vegetation: Sloped, Steep Slope, Wooded
  • Parcel Number: 77100008300
  • Lot Topography: Sloped, Steep Slope, Wooded

Tax Info

  • Tax Amount: 764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Legacy Homes Solutions Llc
Bought by
Ouillette Chris and Ouillette Darlene
Current Estimated Value
$405,538

Purchase Details

Listed on
May 25, 2018
Closed on
Oct 17, 2018
Sold by
Fjeld David W and Fjeld Katrina A
Bought by
Legacy Home Solutions Llc
Seller's Agent
John Gregory
Terrafin
Buyer's Agent
John Gregory
Terrafin
List Price
$128,000
Sold Price
$113,000
Premium/Discount to List
-$15,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.00%
Original Mortgage
$93,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Kemman John F and Kemman Shirley Rae
Bought by
Field David W and Field Katrina A
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ouillette Chris $199,950 Chicago Title
Legacy Home Solutions Llc $112,719 First American Title Insuran
Field David W $45,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Legacy Home Solutions Llc $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $113,000 -11.7% $214 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $128,000 -- $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 $2,242 $278,100 $180,800 $97,300
2023 $2,242 $256,300 $176,500 $79,800
2022 $1,720 $234,300 $165,400 $68,900
2021 $1,545 $169,900 $122,400 $47,500
2020 $1,442 $135,600 $97,100 $38,500
2019 $1,616 $112,600 $62,800 $49,800
2018 $1,528 $116,700 $78,000 $38,700
2017 $1,278 $176,900 $149,900 $27,000
2016 $1,701 $142,050 $106,050 $36,000
2014 -- $138,850 $106,050 $32,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1299107

Northwest Multiple Listing Service (NWMLS)

APN: 77100008300