NOT LISTED FOR SALE

1217 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $441,000 - $576,000

2 Beds
1 Bath
572 Sq Ft
$897/Sq Ft Est. Value

Last Sold February 05, 2019

Last sale price $250,000 $437 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,974/month

121 Days on Market

Highlights

  • Docks
  • Deck
  • Wooded Lot
  • Lake View
  • Secluded Lot
  • 1 Fireplace

About This Home

As of February 2019

Here is your chance to have the perfect lakefront getaway or downsize to tiny home living! Updated throughout with new floors, doors, trim, cabinets, counters, appliances & windows. The lake is steps from the front door with a concrete bulkhead and large dock for all your water toys at the ready. Summit lake is Thurston counties premiere spring fed lake perfect for fishing, watersports or just taking in the surrounding hillside & sunset views. 2 vehicle parking, permitted septic & Oly Schools!

Last Agent to Sell the Property

Rick Wilson

Virgil Adams Real Estate, Inc. License #72711 Listed on: 09/11/2018

Co-Listed By

Mike Duggins

RE/MAX Parkside Affiliates License #120722

Last Buyer's Agent

David Gilbert

Coldwell Banker Bain License #129171

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1359207

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1956

Lot Details

  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Microwave

Outdoor Features

  • Bulkhead
  • Docks
  • Deck

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 77100008400

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,124

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

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw
  • Floor Covering: Vinyl
  • Appliances That Stay: Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 572
  • Square Footage Finished: 572

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar
  • Roof: Torch Down
  • View: Lake, Territorial
  • Waterfront: Bulkhead, Lake, No Bank
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Lake
  • Water Heater: electric
  • Water Source: Lake

Condo/Co-op/Association

  • Community Name: Summit Lake

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Buyer To Verify
  • School District: GRF

Lot Info

  • Lot Details: Secluded
  • Lot Sq Ft: 5808
  • Lot Topography Vegetation: Level, Steep Slope, Wooded
  • Parcel Number: 77100008400
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Steep Slope, Wooded

Tax Info

  • Tax Amount: 2076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Jan 31, 2019
Sold by
Knight Rachael R and Frost John Curtis
Bought by
Jueco Linda and Jueco Emmerson
Seller's Agent
Rick Wilson
Virgil Adams Real Estate, Inc.
Buyer's Agent
David Gilbert
Coldwell Banker Bain
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%
Current Estimated Value
$513,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,298
Avg. Annual Appreciation
11.30%
Original Mortgage
$200,000
Outstanding Balance
$176,191
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$337,107

Purchase Details

Closed on
Sep 26, 2013
Sold by
Frost Debra L and Carley Debra L
Bought by
Knight Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Jul 26, 1999
Sold by
Snyder Jill K and Spence Jill K
Bought by
Carley Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.64%

Purchase Details

Closed on
Oct 17, 1997
Sold by
Thompson Ron and Thompson Debi
Bought by
Spence Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
8.99%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Battin John S
Bought by
Thompson Ron and Thompson Debi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.01%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Jueco Linda $250,000 Chicago Title Co
Knight Rachel R $154,850 Thurston County Title
Carley Debra L $117,500 Chicago Title Insurance Co
Spence Jill K $115,000 Pioneer Title Company
Thompson Ron -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jueco Linda $200,000
Previous Owner Knight Rachel R $154,850
Previous Owner Carley Debra L $94,000
Previous Owner Spence Jill K $86,250
Previous Owner Thompson Ron $52,000
Closed Spence Jill K $28,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2019 02/05/19 Sold $250,000 -9.1% $437 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
10/17/2018 10/17/18 Price Changed $275,000 -4.8% $481 / Sq Ft
09/11/2018 09/11/18 For Sale $289,000 -- $505 / 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 $3,124 $394,200 $220,200 $174,000
2023 $3,124 $361,000 $216,600 $144,400
2022 $2,684 $329,800 $203,500 $126,300
2021 $2,343 $270,000 $165,700 $104,300
2020 $2,334 $209,600 $135,900 $73,700
2019 $2,116 $186,500 $129,400 $57,100
2018 $2,076 $160,700 $116,300 $44,400
2017 $2,322 $185,250 $153,850 $31,400
2016 $1,940 $163,100 $109,600 $53,500
2014 -- $159,200 $109,600 $49,600
Source: Public Records

Agents Affiliated with this Home

  • Rick Wilson

    Seller's Agent in 2019

    Rick Wilson

    Virgil Adams Real Estate, Inc.

    (360) 790-9611

    79 Total Sales

    Rick Wilson
    Section Image
  • Mike Duggins

    Seller Co-Listing Agent in 2019

    Mike Duggins

    RE/MAX

    (360) 791-2267

    110 Total Sales

    Mike Duggins
    Section Image
  • David Gilbert

    Buyer's Agent in 2019

    David Gilbert

    Coldwell Banker Bain

    (360) 689-7345

    59 Total Sales

    David Gilbert
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1359207

Northwest Multiple Listing Service (NWMLS)

APN: 77100008400

Washington Thurston County Olympia 98502

1217 Summit Lake Shore Rd NW, Olympia, WA

This home is located at 1217 Summit Lake Shore Rd NW, Olympia, WA 98502 since 11 September 2018 and is currently estimated at $513,298, approximately $897 per square foot. This property was built in 1956. 1217 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.

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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