Listed by Olympic Sotheby's Int'l Realty, Bought with Virgil Adams Real Estate, Inc.
NOT LISTED FOR SALE

1602 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $843,000 - $1,035,000

2 Beds
4 Baths
2,584 Sq Ft
$366/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $662,000 $256 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,705/month

221 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Skylights
  • Lake View
  • Wood Flooring
  • 6 Car Attached Garage

About This Home

As of November 2020

A home unmatched in quality of construction and architectural detail with sweeping views of Summit Lake! Walls of windows, vaulted ceilings, extended hardwood flooring, tile finishes and custom cabinets are all features you have to look forward to! This open concept home lends well to entertaining year round with its wrap-around deck and beautiful landscaping. Massive 6 car garage lends to an auto enthusiast with a kitchenette, bath & car lift! Custom features throughout! Must see for yourself!

Last Agent to Sell the Property

Jim Greene

Olympic Sotheby's Int'l Realty License #23709 Listed on: 03/05/2020

Last Buyer's Agent

Spence Weigand

Virgil Adams Real Estate, Inc. License #45654

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1573964

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,395

Year Built

  • Built in 1998

Lot Details

  • 1.69 Acre Lot
  • Level Lot
  • Garden
  • Property is in very good condition

Parking

  • 6 Car Attached Garage
  • RV Access or Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 2,584 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School
  • Capital High School

Utilities

  • Propane
  • The lake is a source of water for the property
  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Summit Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 77120213700

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,395

Year Built

Built in 1998

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1998
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2584
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 251

Interior Features

  • Fireplaces: 1
  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Water Heater
  • Living Area: 2584
  • Main Level Bedrooms: 2
  • Bathrooms: 3
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2584
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Lake
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electricity Available, Propane
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Lake
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Schools

  • Junior High Dist: Griffin
  • High School: Capital High
  • Middle Or Junior School: Griffin Mid School

Lot Info

  • Parcel Number: 77120213700
  • Topography: Level,Sloped
  • Lot Size Acres: 1.6859
  • Lot Size Sq Ft: 73436
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio,Propane,RV Parking
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6395

MLS Schools

  • Elementary School: Griffin Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Nov 20, 2020
Sold by
Esteb Dorene F
Bought by
Vining Gonzalez Richelle Cristie and Gonzalez Cardenas Luis
Seller's Agent
Jim Greene
Olympic Sotheby's Int'l Realty
Buyer's Agent
Spence Weigand
Virgil Adams Real Estate, Inc.
List Price
$650,000
Sold Price
$662,000
Premium/Discount to List
$12,000
1.85%
Current Estimated Value
$945,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,540
Avg. Annual Appreciation
7.31%
Original Mortgage
$463,400
Outstanding Balance
$417,966
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$508,991

Purchase Details

Closed on
Jul 20, 2010
Sold by
Esteb Dorene F
Bought by
Esteb Dorene F

Purchase Details

Closed on
May 3, 2005
Sold by
Dahlstrom Kelly R and Dahlstrom Linda G
Bought by
Esteb Len and Esteb Dorene

Purchase Details

Closed on
Feb 10, 1999
Sold by
Dahlstrom Kelly R
Bought by
Dahlstrom Kelly R and Dahlstrom Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
11.4%
Source: Public Records

Range of Values:

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Average Value
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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
Vining Gonzalez Richelle Cristie $662,000 Thurston County Title Co
Esteb Dorene F -- None Available
Esteb Len $300,000 Chicago Title Co
Dahlstrom Kelly R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vining Gonzalez Richelle Cristie $463,400
Previous Owner Dahlstrom Kelly R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $662,000 +1.8% $256 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $650,000 0.0% $252 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $650,000 -3.7% $252 / Sq Ft
08/13/2020 08/13/20 Price Changed $674,950 -3.6% $261 / Sq Ft
06/12/2020 06/12/20 Price Changed $699,950 -6.7% $271 / Sq Ft
03/05/2020 03/05/20 For Sale $749,950 -- $290 / 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 $6,751 $790,500 $185,500 $605,000
2023 $6,751 $788,600 $169,800 $618,800
2022 $6,642 $836,400 $150,300 $686,100
2021 $6,565 $678,200 $141,200 $537,000
2020 $7,019 $599,500 $94,100 $505,400
2019 $6,395 $573,200 $92,000 $481,200
2018 $6,668 $528,500 $82,300 $446,200
2017 $6,456 $525,250 $61,450 $463,800
2016 $4,707 $443,550 $74,950 $368,600
2014 -- $394,100 $74,200 $319,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1573964

Northwest Multiple Listing Service (NWMLS)

APN: 77120213700