Listed by Virgil Adams Real Estate, Inc., Bought with Windermere Abode
NOT LISTED FOR SALE

1500 Craig Rd SE Olympia, WA 98501

Estimated Value: $596,000 - $624,495

3 Beds
2 Baths
2,596 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $570,000 $220 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,631/month

7 Days on Market

Highlights

  • Lake Front
  • RV Access or Parking
  • Deck
  • Reeves Middle School Rated A-
  • Fruit Trees
  • Property is near public transit

About This Home

As of March 2022

You will be blown away by this tucked away in-town oasis setting! So close to everything, yet sited on a shy 2- acres with water frontage on Taylor Wetlands (check Audubon website) which is teeming with a variety of birds and other wildlife. Soothing views and privacy abound! The property is graced with beautiful, tall cedars and enjoys fruit trees, herb garden, and garden space. This mid-century home is solid and spacious, but needs updating . New roof, furnace, and septic tank. Hardwood floors and cedar-lined closets. Gas forced air heat. Attached roomy 2-car garage and private patio. Scads of storage! Excellent Olympia Schools. Conveniently located close to schools, shopping, hospital, freeway and other amenities!

Last Agent to Sell the Property

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654 Listed on: 01/25/2022

Last Buyer's Agent

Jana Ross

Windermere Abode License #27468

Windermere Abode

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1881174

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,670

Year Built

  • Built in 1965

Lot Details

  • 1.9 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • South Facing Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in average condition
  • Zoning described as R-6-12

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,596 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • French Doors
  • Dining Room
  • Lake Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Madison Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11819240101

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,670

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1965
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2596
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Forced Air, Hardwood, Dining Room, French Doors, Walk-In Closet(s)
  • Living Area: 2596
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 2596
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Direction Faces: South
  • Exterior Features: Brick, Wood
  • Foundation Details: Block
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 64

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Heating Yn: Yes
  • Utilities: Septic System, Natural Gas Connected, Wood, Individual Well
  • HeatingCoolingType: Forced Air,Insert
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Individual well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Reeves Mid

Lot Info

  • Parcel Number: 11819240101
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.9
  • Lot Size Sq Ft: 82764
  • Zoning Description: R-6-12
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio,RV Parking
  • MLSLotSizeSource: Assessor

Green Features

  • Power Production Type: Natural Gas, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4670

Multi Family

  • EnergySource: Natural Gas,Wood

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 24, 2022
Sold by
Sedlacek Craig L and Sedlacek Nancy E
Bought by
Wetzel Amber M and White Myron
Seller's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
Buyer's Agent
Jana Ross
Windermere Abode
List Price
$525,000
Sold Price
$570,000
Premium/Discount to List
$45,000
8.57%
Current Estimated Value
$608,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,874
Avg. Annual Appreciation
1.77%
Original Mortgage
$541,500
Outstanding Balance
$504,607
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$104,267
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wetzel Amber M $569,719 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzel Amber M $541,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $570,000 +8.6% $220 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $525,000 -- $202 / 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 $5,103 $473,600 $157,700 $315,900
2023 $5,103 $483,100 $155,600 $327,500
2022 $5,025 $494,100 $124,400 $369,700
2021 $4,671 $416,700 $125,000 $291,700
2020 $4,247 $358,300 $137,400 $220,900
2019 $3,938 $317,600 $87,000 $230,600
2018 $3,897 $286,300 $68,200 $218,100
2017 $3,302 $261,050 $61,550 $199,500
2016 $2,940 $236,700 $66,000 $170,700
2014 -- $231,950 $64,850 $167,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1881174

Northwest Multiple Listing Service (NWMLS)

APN: 11819240101