NOT LISTED FOR SALE

1527 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $855,000 - $1,152,000

2 Beds
2 Baths
2,416 Sq Ft
$414/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $675,000 $279 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,442/month

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • Contemporary Architecture
  • Community Boat Launch
  • Deck
  • Wood Flooring

About This Home

As of August 2020

This home is located at 1527 Summit Lake Shore Rd NW, Olympia, WA 98502 since 21 August 2020 and is currently estimated at $1,000,253, approximately $414 per square foot. This property was built in 1991. 1527 Summit Lake Shore Rd NW is a home located in Thurston County with nearby schools including Griffin School.

Last Buyer's Agent

Madison Del Vigo

Coldwell Banker Evergreen License #127542

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1713015

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,792

Year Built

  • Built in 1991

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Level Lot
  • Property is zoned RL2/1

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Poured Concrete
  • Tile Roof
  • Wood Siding
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 3 Fireplaces
  • Lake Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • The lake is a source of water for the property
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 77100016400

Community Details

Overview

  • Summit Lake Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,792

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Estimated Sq Ft: 2416
  • Square Footage Finished: 2416

Exterior Features

  • Exterior: Brick, Cement Planked, Stone, Wood
  • Foundation: Concrete Ribbon, Poured Concrete
  • Roof: Tile
  • View: Lake
  • Waterfront: Bank-Low
  • Waterfront Frontage: 42

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Individual Septic
  • Water Company: Summit Lake - Well
  • Water Heater: Garage-Electric
  • Water Source: Lake

Condo/Co-op/Association

  • Community Name: Summit Lake
  • Community Features: Boat Launch, CCRs

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: OLY

Lot Info

  • Lot Sq Ft: 8802
  • Lot Topography Vegetation: Level
  • Parcel Number: 77100016400
  • Zoning Code: RL2/1
  • Zoning Jurisdiction: County
  • Lot Topography: Level

Tax Info

  • Tax Amount: 8824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Aug 18, 2020
Sold by
Hodgins Gregory M
Bought by
Naylor Amy and Naylor Mark
Buyer's Agent
Madison Del Vigo
Coldwell Banker Evergreen
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,047,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,794
Avg. Annual Appreciation
9.20%
Original Mortgage
$67,500
Outstanding Balance
$60,403
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$985,731

Purchase Details

Listed on
Mar 30, 2015
Closed on
Dec 14, 2015
Sold by
Stoneback Cynthia L
Bought by
Hodgins Gregory M and Hodgins Kathleen M
Seller's Agent
Janel Stoneback
Windermere West Metro
Buyer's Agent
Kimberly Gartland
Kimberly Gartland Group
List Price
$565,000
Sold Price
$545,000
Premium/Discount to List
-$20,000
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$245,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2012
Sold by
Funk Sandi L
Bought by
Stoneback Cynthia L

Purchase Details

Closed on
May 18, 2009
Sold by
Stoneback Cynthia L
Bought by
Stoneback Cynthia L and Funk Sandi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2003
Sold by
Stoneback Cynthia L and Evanoff Yvonne R
Bought by
Stoneback Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2001
Sold by
Blanchard Mary Fairbank
Bought by
Stoneback Cynthia L and Evanoff Yvonne R

Purchase Details

Closed on
May 22, 1995
Sold by
Gentles Robert B and Gentles Nan Elizabeth
Bought by
Hall A F and Blanchard Mary F
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
Naylor Amy $675,000 Thurston County Title
Hodgins Gregory M $544,719 Chicago Title Company
Stoneback Cynthia L -- None Available
Stoneback Cynthia L -- First American Title
Stoneback Cynthia L -- First American Title
Stoneback Cynthia L $390,000 Thurston County Title Co
Hall A F -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naylor Amy $67,500
Closed Naylor Amy $67,500
Open Naylor Amy $506,250
Previous Owner Hodgins Gregory M $245,000
Previous Owner Stoneback Cynthia L $361,000
Previous Owner Stoneback Cynthia L $325,000
Previous Owner Stoneback Cynthia L $320,000
Closed Stoneback Cynthia L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $675,000 0.0% $279 / Sq Ft
08/21/2020 08/21/20 For Sale $675,000 +23.9% $279 / Sq Ft
12/17/2015 12/17/15 Sold $545,000 -3.5% $226 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $565,000 -- $234 / 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 $8,792 $1,041,200 $287,400 $753,800
2023 $8,792 $1,033,800 $301,300 $732,500
2022 $7,946 $925,200 $283,000 $642,200
2021 $6,834 $816,100 $231,300 $584,800
2020 $8,824 $626,200 $204,800 $421,400
2019 $7,776 $724,300 $179,000 $545,300
2018 $7,758 $617,700 $160,600 $457,100
2017 $6,400 $522,250 $212,050 $310,200
2016 $6,306 $565,500 $184,700 $380,800
2014 -- $532,300 $184,700 $347,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1713015

Northwest Multiple Listing Service (NWMLS)

APN: 77100016400