NOT LISTED FOR SALE

1504 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $87,000 - $88,330

1.73 Acres
$50,673 Price per Acre
75,359 Sq Ft Lot

Last Sold July 23, 2020

Last sale price $60,000

Est. 46% increase in value since last sale

Current estimated payment $501/month

437 Days on Market

About This Lot

As of July 2020

Over 1.7 acres across the street from Summit Lake close to the public lake access. Road onto the property with some marketable timber and great views of the lake with just minor tree and brush removal. This would make a spectacular building lot or just use for your own private RV spot. Summit Lake provides boating, fishing & kayaking and a myriad of other water sports, yet less than 20 minutes from Olympia. Great spot to build that dream home or a 2nd home for recreation

Last Agent to Sell the Property

Gail Smith

Keller Williams South Sound License #24002990 Listed on: 04/10/2019

Keller Williams South Sound

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Last Buyer's Agent

Gail Smith

Keller Williams South Sound License #24002990 Listed on: 04/10/2019

Keller Williams South Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1436736

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $269

Lot Details

Property Views

  • Lake
  • Territorial

Additional Features

  • Sloped Lot
  • Sewer Not Available

Community Details

  • Summit Lake Community

Listing and Financial Details

  • Assessor Parcel Number 77100207200

Property Details

Property Type

Land

Est. Annual Taxes

$269

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Comm. Grade Timber, Lightly Treed
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: County Maintained
  • Road On Which Sideof Property: West
  • View: Lake, Territorial

Utilities

  • Electricity: On Property
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Not Available

Condo/Co-op/Association

  • Community Name: Summit Lake

Schools

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

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 75510
  • Parcel Number: 77100207200
  • Topography: Sloped
  • Zoning Jurisdiction: County
  • Zoning Remarks: RL1/1

Tax Info

  • Tax Amount: 404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jul 22, 2020
Sold by
Morgan Candis Lea and Johnson Aaron Jay
Bought by
Jacobs Brandon Lee
Seller's Agent
Gail Smith
Keller Williams South Sound
Buyer's Agent
Gail Smith
Keller Williams South Sound
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Current Estimated Value
$87,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,334
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Sep 19, 1995
Sold by
Owens Robert E
Bought by
Teal Richard S and Teal Robin A
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
Jacobs Brandon Lee $60,000 Thurston County Title Co
Teal Richard S -- First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $60,000 -14.3% --
06/20/2020 06/20/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $70,000 0.0% --
05/21/2020 05/21/20 Pending -- -- --
10/09/2019 10/09/19 Price Changed $70,000 -6.7% --
08/29/2019 08/29/19 Price Changed $75,000 -11.8% --
04/10/2019 04/10/19 For Sale $85,000 -- --
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 $269 $46,100 $46,100 --
2023 $269 $38,200 $38,200 $0
2022 $278 $30,600 $30,600 $0
2021 $466 $33,200 $33,200 $0
2020 $425 $53,800 $53,800 $0
2019 $404 $42,100 $42,100 $0
2018 $430 $39,000 $39,000 $0
2017 $333 $30,200 $30,200 $0
2016 $445 $42,650 $42,650 $0
2014 -- $42,250 $42,250 $0
Source: Public Records

Agents Affiliated with this Home

  • Gail Smith

    Seller's Agent in 2020

    Gail Smith

    Keller Williams South Sound

    (360) 561-0852

    267 Total Sales

    Section Image
  • Ben Kinney

    Seller Co-Listing Agent in 2020

    Ben Kinney

    Keller Williams Western Realty

    (650) 704-2565

    799 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1436736

Northwest Multiple Listing Service (NWMLS)

APN: 77100207200

Washington Thurston County Olympia 98502

1504 Summit Lake Shore Rd NW, Olympia, WA

This home is located at 1504 Summit Lake Shore Rd NW, Olympia, WA 98502 since 10 April 2019 and is currently estimated at $87,665. 1504 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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