Seller's Agent in 2022
Missy Watts
Olympic Sotheby's Int'l Realty
(360) 280-0509
182 Total Sales
Listed by Olympic Sotheby's Int'l Realty, Bought with Coldwell Banker Evergreen
1521 Summit Lake Shore Rd NW Olympia, WA 98502
Estimated Value: $947,439
1
Bed
2.5
Baths
2,232
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Boathouse
- Docks
- RV Access or Parking
- Low Bank Waterfront Property
- Community Boat Launch
- Lake View
About This Home
As of April 2022Get your lake house now, and be ready for summer! Located on low bank waterfront with an expansive south westerly view down the lake, this home offers a location and lot seldom found at Summit Lake. Bright and sunny with great exposure, dock, nice beach, plenty of parking plus a detached garage. No crazy stairs to get to the house or to the lake...just head down the dock to enjoy the water. Main level kitchen and living room open to the deck. Upper level master suite really takes advantage of the views with another private, covered deck area to while away the hours. Lower level offers terrific storage via a garage door for your boat/s, kayaks and more! Or finish it for more bunk space. Brand new septic, UV water filtration system.
Last Agent to Sell the Property
Olympic Sotheby's Int'l Realty License #85539 Listed on: 03/24/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1905619
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,795
Year Built
- Built in 2001
Lot Details
- 0.29 Acre Lot
- Low Bank Waterfront Property
- 37 Feet of Waterfront
- Lake Front
- Southwest Facing Home
- Level Lot
- Wooded Lot
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
- Vinyl Construction Material
Interior Spaces
- 2,232 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 1 Fireplace
- French Doors
- Lake Views
- Storm Windows
- Partially Finished Basement
Kitchen
- Oven or Range
- Stove
- Dishwasher
Flooring
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
Parking
- 2 Car Attached Garage
- Driveway
- Off-Street Parking
- RV Access or Parking
Outdoor Features
- Boathouse
- Docks
- Deck
- Outbuilding
Schools
- Griffin Elementary School
- Griffin Mid Middle School
- Capital High School
Utilities
- Central Air
- Propane
- The lake is a source of water for the property
- Water Heater
- Septic Tank
- Septic System
Listing and Financial Details
- Assessor Parcel Number 77100016100
Community Details
Overview
- No Home Owners Association
- Summit Lake Subdivision
Recreation
- Community Boat Launch
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2022
Closed on
Apr 11, 2022
Sold by
Geiger Alyce G
Bought by
Price Aaron W and Price Angela N
Seller's Agent
Missy Watts
Olympic Sotheby's Int'l Realty
Buyer's Agent
Julie Cooke
Coldwell Banker Evergreen
List Price
$839,000
Sold Price
$908,000
Premium/Discount to List
$69,000
8.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,439
Avg. Annual Appreciation
1.22%
Original Mortgage
$726,400
Outstanding Balance
$682,323
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$265,116
Purchase Details
Closed on
Apr 30, 2020
Sold by
Courtney Rhoda F and Estate Of John K Geiger
Bought by
Geiger Alyce G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Price Aaron W | $908,000 | New Title Company Name | |
| Geiger Alyce G | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Price Aaron W | $726,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2022 04/21/22 | Sold | $908,000 | +8.2% | $407 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/24/2022 03/24/22 | For Sale | $839,000 | -- | $376 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,135 | $874,700 | $282,900 | $591,800 |
| 2023 | $7,135 | $837,100 | $321,400 | $515,700 |
| 2022 | $6,124 | $781,000 | $303,200 | $477,800 |
| 2021 | $5,795 | $627,000 | $266,800 | $360,200 |
| 2020 | $6,959 | $529,800 | $236,400 | $293,400 |
| 2019 | $6,194 | $569,800 | $198,600 | $371,200 |
| 2018 | $6,035 | $479,100 | $177,800 | $301,300 |
| 2017 | $5,435 | $442,450 | $234,150 | $208,300 |
| 2016 | $5,436 | $481,700 | $206,800 | $274,900 |
| 2014 | -- | $458,000 | $206,800 | $251,200 |
Source: Public Records
Agents Affiliated with this Home
-
Missy Watts
-
Julie Cooke
J
Buyer's Agent in 2022
Julie Cooke
Coldwell Banker Evergreen Olympic Realty, Inc.
(360) 352-7651
73 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1905619
APN: 77100016100
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Based on information submitted to the MLS GRID
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