Listed by Olympic Sotheby's Int'l Realty, Bought with Berkshire Hathaway HS NW
NOT LISTED FOR SALE

1609 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $580,000 - $725,000

1 Bed
1 Bath
1,008 Sq Ft
$619/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $325,000 $322 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,727/month

42 Days on Market

Highlights

  • Docks
  • Deck
  • Concrete Flooring
  • Lake View
  • 1 Fireplace
  • Wood Siding

About This Home

As of December 2018

Welcome home to this cozy, one bedroom cottage with bonus room on Summit Lake (original owner). Play all day on 50 feet of shore with your own dock for extra fun. Great lake view and large deck for entertaining. Ideal for a summer getaway. Come and see today it won’t last long! Seller will leave most furniture and household items as an added bonus.

Last Agent to Sell the Property

Tommy Lowe

Olympic Sotheby's Int'l Realty License #97082 Listed on: 09/04/2018

Olympic Sotheby's Int'l Realty

Co-Listed By

Andi Springer

Olympic Sotheby's Int'l Realty License #125179

Last Buyer's Agent

Ambrose Matovu

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1352334

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1958

Lot Details

  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views
  • Oven or Range
  • Partially Finished Basement

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Outdoor Features

  • Docks
  • Deck

Utilities

  • Well
  • Septic System

Community Details

  • Summit Lake Community

Listing and Financial Details

  • Assessor Parcel Number 77120018000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,027

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Concrete, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 1
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Partially Finished, Unfinished
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1008
  • Square Footage Finished: 1008

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Torch Down
  • View: Lake
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 50ft

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 1
  • Sewer: Septic
  • Water Heater: Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Summit Lake

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 8712
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 77120018000
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 3272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Dec 6, 2018
Sold by
Jonas Shirley M
Bought by
Marr Alison and Marr James
Seller's Agent
Tommy Lowe
Olympic Sotheby's Int'l Realty
Buyer's Agent
Ambrose Matovu
Berkshire Hathaway HS NW
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$623,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,662
Avg. Annual Appreciation
9.16%
Original Mortgage
$292,500
Interest Rate
4.9%
Mortgage Type
New Conventional
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
Marr Alison $325,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marr Alison $283,639
Closed Marr Alison $288,837
Closed Marr Alison $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $325,000 0.0% $322 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $325,000 -7.1% $322 / Sq Ft
09/04/2018 09/04/18 For Sale $350,000 -- $347 / 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 $4,027 $487,500 $285,500 $202,000
2023 $4,027 $468,100 $298,200 $169,900
2022 $3,459 $434,700 $279,900 $154,800
2021 $3,307 $350,400 $228,800 $121,600
2020 $3,433 $299,000 $202,200 $96,800
2019 $3,099 $277,600 $177,400 $100,200
2018 $3,016 $236,300 $159,100 $77,200
2017 $3,273 $263,800 $210,200 $53,600
2016 $2,983 $254,800 $183,400 $71,400
2014 -- $248,400 $183,400 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Tommy Lowe

    Seller's Agent in 2018

    Tommy Lowe

    Olympic Sotheby's Int'l Realty

    (360) 792-3854

    117 Total Sales

    Tommy Lowe
    Section Image
  • Andi Springer

    Seller Co-Listing Agent in 2018

    Andi Springer

    Olympic Sotheby's Int'l Realty

    (360) 350-9407

    73 Total Sales

    Andi Springer
    Section Image

  • A

    Buyer's Agent in 2018

    Ambrose Matovu

    Berkshire Hathaway HS NW

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1352334

Northwest Multiple Listing Service (NWMLS)

APN: 77120018000

Washington Thurston County Olympia 98502

1609 Summit Lake Shore Rd NW, Olympia, WA

This home is located at 1609 Summit Lake Shore Rd NW, Olympia, WA 98502 since 04 September 2018 and is currently estimated at $623,662, approximately $618 per square foot. This property was built in 1958. 1609 Summit Lake Shore Rd NW is a home located in Thurston County with nearby schools including Griffin School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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