Listed by Van Dorm Realty, Inc, Bought with Capitol Real Estate LLC
NOT LISTED FOR SALE

1536 Colonial Ct SW Olympia, WA 98512

Estimated Value: $764,000 - $922,000

5 Beds
3.5 Baths
3,850 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $730,000 $190 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,256/month

136 Days on Market

Highlights

  • Waterfront Community
  • RV Access or Parking
  • Deck
  • Thurgood Marshall Middle School Rated A-
  • Fireplace in Primary Bedroom
  • Property is near public transit

About This Home

As of February 2023

Rare find! Room for everyone in this solidly built 5BR + office, 3.5 bath home w/MIL potential in coveted Ken Lake-feat 3 parks, tennis cts, private beach & lake. You'll love unforgettable architectural details-soaring vaults & skylights, unique angled window, fun BRs w/sliders to circular loft, multiple decks; nothing cookie-cutter here! Airy & spacious, refinished hardwoods + 3 gas fireplaces add just right cozy touch. 1BR+full BA adjacent to 2nd living area on main, 2 laundry rooms! 4BRs up incl lovely vaulted primary suite w/fireplace, private deck, tiled 5-pc bath, huge walk-in. Amazing back yard oasis: covered deck w/gas FP, lg patio & gorgeous water feature; perfect place to relax with friends! Brand new roof! Come home to Ken Lake!

Last Agent to Sell the Property

Erin Cawley

Van Dorm Realty, Inc License #113381 Listed on: 09/09/2022

Van Dorm Realty, Inc

Last Buyer's Agent

Amanda Sampson

Capitol Real Estate LLC License #108709

Capitol Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1994436

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,161

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in good condition

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Loft
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Mclane Elementary School
  • Marshall Middle School
  • Capital High School

Utilities

  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 58370009700

Community Details

Overview

  • Kenlake.Org Association
  • Ken Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community
  • Sport Court
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,161

Year Built

Built in 1978

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3850
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 3
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Jetted Tub, Loft, Skylight(s), Vaulted Ceiling(s), Walk-In Pantry, Wet Bar, Water Heater
  • Living Area: 3850
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 3850
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Natural Gas
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast

Condo/Co-op/Association

  • Community Features: Athletic Court, CCRs, Community Waterfront/Pvt Beach, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: KenLake.org

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Marshall Middle

Lot Info

  • Parcel Number: 58370009700
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2783
  • Lot Size Sq Ft: 12124
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9161

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Feb 21, 2023
Sold by
Faro Donald R and Faro Mary E
Bought by
Spring Camberly and Spring Caleb
Seller's Agent
Erin Cawley
Van Dorm Realty, Inc
Buyer's Agent
Amanda Sampson
Capitol Real Estate LLC
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Views
24
Current Estimated Value
$842,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,658
Avg. Annual Appreciation
5.54%
Original Mortgage
$657,000
Outstanding Balance
$637,866
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$204,792

Purchase Details

Listed on
Jul 29, 2014
Closed on
Oct 14, 2015
Sold by
Bustetter Susan M and Bustetter Kerry L
Bought by
Faro Donald R and Faro Mary E
Seller's Agent
Erin Cawley
Van Dorm Realty, Inc
Buyer's Agent
Erin Cawley
Van Dorm Realty, Inc
List Price
$383,700
Sold Price
$355,000
Premium/Discount to List
-$28,700
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$200,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2002
Sold by
Senger Joseph P and Senger Shirley A
Bought by
Bustetter Kerry L and Bustetter Susan M

Purchase Details

Closed on
Apr 19, 2000
Sold by
Quillian Robert M and Quillian Suzanne C
Bought by
Bustetter Kerry and Bustetter Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
8.12%

Purchase Details

Closed on
Mar 11, 1998
Sold by
Quillian Suzanne C and Quillian Creore A
Bought by
Quillian Robert M and Quillian Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
Spring Camberly $730,000 Thurston County Title
Faro Donald R $354,719 Thurston County Title
Bustetter Kerry L -- Chicago Title Insurance Co
Bustetter Kerry $191,000 Chicago Title Insurance Co
Quillian Robert M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spring Camberly $657,000
Previous Owner Faro Donald R $200,000
Previous Owner Bustetter Kerry $171,900
Previous Owner Quillian Robert M $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $730,000 0.0% $190 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/13/2023 01/13/23 Off Market $730,000 -- --
11/15/2022 11/15/22 Price Changed $765,000 -1.3% $199 / Sq Ft
10/25/2022 10/25/22 Price Changed $775,000 -1.3% $201 / Sq Ft
10/20/2022 10/20/22 Price Changed $785,000 -1.8% $204 / Sq Ft
09/09/2022 09/09/22 For Sale $799,000 +125.1% $208 / Sq Ft
10/21/2015 10/21/15 Sold $355,000 -4.0% $92 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Price Changed $369,970 -2.6% $96 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/01/2015 07/01/15 Price Changed $379,770 -1.0% $99 / Sq Ft
04/28/2015 04/28/15 Price Changed $383,700 0.0% $100 / Sq Ft
04/28/2015 04/28/15 For Sale $383,700 +2.3% $100 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
11/10/2014 11/10/14 Price Changed $375,000 +1.4% $97 / Sq Ft
10/24/2014 10/24/14 Price Changed $369,900 -1.0% $96 / Sq Ft
10/17/2014 10/17/14 Price Changed $373,700 -0.3% $97 / Sq Ft
08/15/2014 08/15/14 Price Changed $374,900 -1.3% $97 / Sq Ft
07/29/2014 07/29/14 For Sale $379,900 -- $99 / 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 $9,159 $814,700 $168,200 $646,500
2023 $9,159 $876,300 $149,000 $727,300
2022 $9,161 $881,100 $115,200 $765,900
2021 $7,574 $767,300 $104,700 $662,600
2020 $7,715 $587,000 $107,100 $479,900
2019 $6,860 $583,400 $78,700 $504,700
2018 $6,688 $496,700 $73,300 $423,400
2017 $4,743 $379,750 $75,550 $304,200
2016 $4,306 $353,400 $72,800 $280,600
2014 -- $344,500 $72,800 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1994436

Northwest Multiple Listing Service (NWMLS)

APN: 58370009700