NOT LISTED FOR SALE

1639 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $1,087,000 - $1,111,000

2 Beds
1 Bath
2,154 Sq Ft
$511/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $924,000 $429 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,788/month

4 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • RV Access or Parking
  • Waterfront Community
  • Community Boat Launch
  • Lake View

About This Home

As of June 2021

Experience the magic and breathtaking views of Summit Lake in this beautifully updated low-bank waterfront home! Desirable Southern exposure. Enjoy swimming, fishing, skiing and boating right out your front door! This 2 bdrm, 2.25 bath home features custom finishes throughout including gorgeous warm wood flooring, cabinetry, moldings, windows & doors. The great room's wall of windows offer expansive views! Get cozy by the masonry, gas fireplaces! Kitchen includes granite counters, eating bar, and WI pantry. MF master and bath. Walk out the exquisite French doors to relax or entertain on the large TREX deck. Walk out basement with radiant flooring & convenient 2nd kitchen and family rm. PWC lift, shared dock, firepit and sheds all included!

Last Agent to Sell the Property

Peggy Williams

Olympic Sotheby's Int'l Realty License #134261 Listed on: 04/30/2021

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Rhonda Olnick

Redfin License #23004339

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1765784

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,476

Year Built

  • Built in 1955

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Secluded Lot
  • Sloped Lot
  • Sprinkler System
  • Property is zoned RL 2/1

Property Views

  • Lake
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • Propane
  • 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 77120019500

Community Details

Recreation

  • Community Boat Launch
  • Waterfront Community

Additional Features

  • Summit Lake Community
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,476

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wired For Generator, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Main
  • Family Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2154
  • Square Footage Finished: 2154

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Territorial
  • Waterfront: Bank-Low, Bulkhead, Lake
  • Waterfront Frontage: 43

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, Radiant
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Lake Water/Filtration System
  • Water Heater: Basement-Electric
  • Water Source: Lake

Condo/Co-op/Association

  • Community Name: Summit Lake
  • Project: Summit Lake
  • Community Features: Boat Launch, Clubhouse, Community Waterfront/Pvt Beach

Schools

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

Lot Info

  • Lot Details: Paved Street, Secluded
  • Lot Dimensions: 43 x 327
  • Lot Sq Ft: 14878
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 77120019500
  • Zoning Code: RL 2/1
  • Zoning Jurisdiction: County
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 5345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 27, 2021
Sold by
Bastin Brad A and Bastin Sharon L
Bought by
Yu Chuliang
Seller's Agent
Peggy Williams
Olympic Sotheby's Int'l Realty
Buyer's Agent
Rhonda Olnick
Redfin
List Price
$924,000
Sold Price
$924,000
Current Estimated Value
$1,101,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,349
Avg. Annual Appreciation
5.17%
Original Mortgage
$739,200
Outstanding Balance
$676,498
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$459,788

Purchase Details

Closed on
Oct 28, 2008
Sold by
Hilliard John
Bought by
Bastin Brad A and Bastin Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2007
Sold by
Holley Robert E
Bought by
Hilliard John
Source: Public Records

Range of Values:

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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
Yu Chuliang $924,000 Thurston County Title Co
Bastin Brad A $675,000 First American Title
Hilliard John $240,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Chuliang $739,200
Previous Owner Bastin Brad A $391,400
Previous Owner Bastin Brad A $417,000
Previous Owner Bastin Brad A $417,000
Previous Owner Holley Robert E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $924,000 0.0% $429 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $924,000 -- $429 / 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 $8,476 $975,800 $298,400 $677,400
2023 $8,476 $996,300 $337,200 $659,100
2022 $6,988 $858,600 $321,000 $537,600
2021 $5,345 $716,700 $265,500 $451,200
2020 $6,272 $488,100 $232,800 $255,300
2019 $5,556 $512,800 $194,700 $318,100
2018 $5,524 $438,000 $174,300 $263,700
2017 $5,100 $414,800 $229,400 $185,400
2016 $5,340 $473,700 $201,600 $272,100
2014 -- $449,800 $201,600 $248,200
Source: Public Records

Agents Affiliated with this Home

  • Peggy Williams

    Seller's Agent in 2021

    Peggy Williams

    Olympic Sotheby's Int'l Realty

    (360) 791-8765

    13 Total Sales

    Peggy Williams
    Section Image

  • R

    Buyer's Agent in 2021

    Rhonda Olnick

    Redfin

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1765784

Northwest Multiple Listing Service (NWMLS)

APN: 77120019500

Washington Thurston County Olympia 98502

1639 Summit Lake Shore Rd NW, Olympia, WA

This home is located at 1639 Summit Lake Shore Rd NW, Olympia, WA 98502 since 30 April 2021 and is currently estimated at $1,101,349, approximately $511 per square foot. This property was built in 1955. 1639 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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