NOT LISTED FOR SALE

1506 Summit Ct SW Olympia, WA 98512

Tumwater Hill Neighborhood

Estimated Value: $587,000 - $643,000

4 Beds
2 Baths
2,016 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $462,000 $229 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,784/month

Highlights

  • Territorial View
  • 1 Fireplace
  • Attached Garage
  • Tumwater Middle School Rated A-
  • Cul-De-Sac
  • Patio

About This Home

As of August 2020

Brand new architectural roof.

Last Buyer's Agent

Kent Stottlemyre

Van Dorm Realty, Inc License #34744

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1655967

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1997

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Tumwater Hill Community

Listing and Financial Details

  • Assessor Parcel Number 81830001300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,184

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, Skylights
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2016
  • Square Footage Finished: 2016

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Tumwater
  • Water Company: City of Tumwater
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Tumwater Hill

Schools

  • Elementary School: Tumwater Hill Elem
  • Middle School: Tumwater Mid
  • High School: A G West Black Hills
  • School District: TUM

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 15008
  • Lot Topography Vegetation: Level
  • Parcel Number: 81830001300
  • Lot Topography: Level

Tax Info

  • Tax Amount: 4551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2021
Sold by
Reese Joseph H and Reese Vicki W
Bought by
Reese Joseph Hugh and Reese Vicki Widerstrom
Current Estimated Value
$615,187

Purchase Details

Listed on
Aug 18, 2020
Closed on
Aug 18, 2020
Sold by
Determan Jerome
Bought by
Reese Joseph H and Reese Vicki W
Buyer's Agent
Kent Stottlemyre
Van Dorm Realty, Inc
List Price
$462,000
Sold Price
$462,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$326,000
Outstanding Balance
$295,529
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$287,266

Purchase Details

Closed on
Sep 11, 2018
Sold by
Marin County Exchange Corp
Bought by
Determan Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,392
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2006
Sold by
Warnock Christine M and Warnock Edward M
Bought by
Determan Jerome and Determan Wendee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 1997
Sold by
Mccray Bradford Rhys and Mccray April D
Bought by
Warnock Edward M and Warnock Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.96%

Purchase Details

Closed on
Nov 13, 1996
Sold by
Hodges James W and Hodges Rose
Bought by
Mccray Bradford Rhys and Mccray April D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10%
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
Reese Joseph Hugh -- None Available
Reese Joseph H $462,000 Chicago Title Lacey
Determan Jerome -- First American Title Ins Co
Determan Jerome $329,900 Thurston County Title
Warnock Edward M $50,200 Thurston County Title Co
Mccray Bradford Rhys -- Thurston County Title Co
Mccray Bradford Rhys $55,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Joseph H $326,000
Previous Owner Determan Jerome $257,430
Previous Owner Determan Jerome $255,392
Previous Owner Determan Jerome $263,850
Previous Owner Determan Jerome Clement $42,000
Previous Owner Determan Jerome $263,900
Previous Owner Warnock Edward M $162,000
Previous Owner Mccray Bradford Rhys $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $462,000 0.0% $229 / Sq Ft
08/18/2020 08/18/20 For Sale $462,000 -- $229 / 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 $5,184 $528,500 $159,500 $369,000
2023 $5,184 $517,900 $143,800 $374,100
2022 $5,003 $487,800 $112,700 $375,100
2021 $4,794 $425,200 $102,600 $322,600
2020 $4,551 $373,700 $105,100 $268,600
2019 $4,125 $343,900 $86,100 $257,800
2018 $4,044 $313,300 $78,600 $234,700
2017 $3,519 $268,200 $83,100 $185,100
2016 $3,483 $264,050 $81,950 $182,100
2014 -- $255,700 $79,000 $176,700
Source: Public Records

Agents Affiliated with this Home

  • Kent Stottlemyre

    Buyer's Agent in 2020

    Kent Stottlemyre

    Van Dorm Realty, Inc

    (360) 791-1855

    1 in this area

    148 Total Sales

    Kent Stottlemyre
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1655967

Northwest Multiple Listing Service (NWMLS)

APN: 81830001300

Washington Thurston County Olympia 98512 Tumwater Hill

1506 Summit Ct SW, Olympia, WA

This home is located at 1506 Summit Ct SW, Olympia, WA 98512 since 18 August 2020 and is currently estimated at $615,187, approximately $305 per square foot. This property was built in 1997. 1506 Summit Ct SW is a home located in Thurston County with nearby schools including Tumwater Hill Elementary School, Tumwater Middle School, and A.G. West Black Hills High 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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