Listed by RE/MAX Top Executives, Bought with Windermere RE/Himlie
NOT LISTED FOR SALE

1518 Lakemoor Loop SW Olympia, WA 98512

Estimated Value: $586,000 - $695,000

4 Beds
1 Bath
2,468 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $260,000 $105 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $3,752/month

5 Days on Market

Highlights

  • Attached Garage
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Thurgood Marshall Middle School Rated A-
  • Level Lot

About This Home

As of August 2016

Great area, close to elementary school and Ken Lake. quick drive to get into Olympia, Nice fenced back yard with play house. 4th bedroom needs to be finished. Home has great potential for building equity while living there. Needs some TLC.

Last Agent to Sell the Property

J.C. Nowacki

RE/MAX Top Executives License #8113 Listed on: 07/05/2016

RE/MAX Top Executives

Last Buyer's Agent

Krisy Henry

Windermere RE/Himlie License #103144

Windermere RE/Himlie

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM961096

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,143

Year Built

  • Built in 1976

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Composite

Additional Features

  • Wall to Wall Carpet
  • 1 Bathroom

Community Details

  • Ken Lake Community

Listing and Financial Details

  • Assessor Parcel Number 58370009200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,143

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1976
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master
  • Floor Covering: Wall To Wall Carpet
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2468
  • Square Footage Finished: 2468

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Ken Lake

Schools

  • School District: OLY

Lot Info

  • Lot Sq Ft: 12632
  • Lot Topography Vegetation: Level
  • Parcel Number: 58370009200
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 10, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Gravatt Justin J and Gravatt Shawna M
Seller's Agent
J.C. Nowacki
RE/MAX Top Executives
Buyer's Agent
Krisy Henry
Windermere RE/Himlie
List Price
$257,500
Sold Price
$260,000
Premium/Discount to List
$2,500
0.97%
Current Estimated Value
$631,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,794
Avg. Annual Appreciation
10.16%
Original Mortgage
$247,000
Outstanding Balance
$196,695
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$435,099

Purchase Details

Closed on
Mar 30, 2016
Sold by
Bank Of America Na
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 8, 2016
Sold by
Bonk John C
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 26, 2011
Sold by
Bonk Kristi
Bought by
Bonk John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,279
Interest Rate
4.01%
Mortgage Type
VA

Purchase Details

Closed on
Oct 11, 2011
Sold by
Devries Barry A and Devries Gayle W
Bought by
Bonk John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,279
Interest Rate
4.01%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2006
Sold by
Heck Shipley Sharon
Bought by
Devries Barry A and Devries Gayle W

Purchase Details

Closed on
Feb 17, 2004
Sold by
Shipley Donald Stuart
Bought by
Heck Shipley Sharon

Purchase Details

Closed on
Jun 1, 2000
Sold by
Christopherson Penny Joan and Christopherson Penny J
Bought by
Shipley Donald S and Heckshipley Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.18%
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
Gravatt Justin J -- Thurston County Title
The Secretary Of Veterans Affairs -- Servicelink
Bank Of America Na $231,137 None Available
Bonk John C -- Chicago Title Company
Bonk John C $274,660 Chicago Title Company
Devries Barry A $339,900 Chicago Title Company
Heck Shipley Sharon -- --
Shipley Donald S $160,000 Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gravatt Justin J $247,000
Previous Owner Bonk John C $280,279
Previous Owner Shipley Donald S $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $260,000 +1.0% $105 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $257,500 -- $104 / 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 $5,143 $511,200 $168,900 $342,300
2023 $5,143 $491,700 $150,600 $341,100
2022 $4,880 $482,700 $116,500 $366,200
2021 $4,502 $408,400 $106,000 $302,400
2020 $4,302 $348,600 $108,000 $240,600
2019 $3,830 $325,000 $79,600 $245,400
2018 $3,822 $283,700 $74,000 $209,700
2017 $3,859 $308,850 $76,250 $232,600
2016 $3,523 $288,200 $73,800 $214,400
2014 -- $281,700 $73,800 $207,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM961096

Northwest Multiple Listing Service (NWMLS)

APN: 58370009200