Listed by Coldwell Banker Evergreen, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

1903 54th Ln SE Olympia, WA 98501

Estimated Value: $808,000 - $864,000

3 Beds
3 Baths
3,132 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $475,000 $152 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,465/month

4 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Territorial View
  • Centennial Elementary School Rated A
  • Property is near public transit
  • Vaulted Ceiling

About This Home

As of September 2017

Very desirable 1 ½ story 3,132 SF open plan home in Cheri Estates on a .29 acre lot. This amazing home features & 3 BR on main w 4th bed/bonus rm w bath up. Beautiful laminate floors, huge kitchen w storage as well as formal & casual living spaces. Amenities include security sys, A/C, dbl sided fireplace, wired for speakers inside & out, and wired for generator. Entertain and enjoy in the huge landscaped yet private back yard. Close to all the best of the South Sound. OLY SCHOOLS.

Last Agent to Sell the Property

Gene Brickl

Coldwell Banker Evergreen License #7837 Listed on: 07/28/2017

Coldwell Banker Evergreen

Last Buyer's Agent

Anna Lisa Schorn

Van Dorm Realty, Inc License #97598

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1165986

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,278

Year Built

  • Built in 2001

Lot Details

  • 0.29 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,132 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Schools

  • Centennial Elementary School
  • Wash Mid Middle School
  • Olympia High School

Utilities

  • Central Air
  • Generator Hookup
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 12836430403

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,278

Year Built

Built in 2001

Lot Details

0

HOA Fees

$22 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 2001
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cherie Estates
  • New Construction: No
  • CalculatedSquareFootage: 3132
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 755

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Central A/C, Forced Air, Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator, Fireplace
  • Living Area: 3132
  • Main Level Bedrooms: 3
  • Bathrooms: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 3132
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven,Refrigerator
  • FireplacesLower: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 22
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 12836430403
  • Topography: Level
  • Lot Size Acres: 0.287
  • Lot Size: Irregular
  • Lot Size Sq Ft: 12500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 6278

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Centennial Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Sep 5, 2017
Sold by
Ely Patrick D and Ely Katherine R
Bought by
Stephens Bruce W and Stephens Leslie J
Seller's Agent
Gene Brickl
Coldwell Banker Evergreen
Buyer's Agent
Anna Lisa Schorn
Van Dorm Realty, Inc
List Price
$459,950
Sold Price
$475,000
Premium/Discount to List
$15,050
3.27%
Current Estimated Value
$875,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,232
Avg. Annual Appreciation
7.76%
Original Mortgage
$380,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2002
Sold by
Friend & Friend Enterprises Inc
Bought by
Ely Patrick D and Ely Katherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.78%
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
Stephens Bruce W $474,719 Thurston County Title Co
Ely Patrick D $275,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Bruce W $440,000
Closed Stephens Bruce W $380,000
Previous Owner Ely Patrick D $25,000
Previous Owner Ely Patrick D $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $475,000 +3.3% $152 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $459,950 0.0% $147 / Sq Ft
07/28/2017 07/28/17 For Sale $459,950 -- $147 / 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 $7,806 $810,200 $185,100 $625,100
2023 $7,806 $755,600 $186,600 $569,000
2022 $7,552 $795,600 $144,300 $651,300
2021 $7,529 $644,400 $119,800 $524,600
2020 $7,620 $590,000 $92,800 $497,200
2019 $7,051 $588,600 $117,200 $471,400
2018 $6,796 $504,700 $85,100 $419,600
2017 $6,278 $481,400 $86,300 $395,100
2016 $5,812 $435,500 $90,600 $344,900
2014 -- $441,550 $92,050 $349,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1165986

Northwest Multiple Listing Service (NWMLS)

APN: 12836430403