NOT LISTED FOR SALE

1921 18th Ave SW Unit 43 Olympia, WA 98502

South Westside Neighborhood

Estimated Value: $574,000 - $623,000

4 Beds
2.5 Baths
2,120 Sq Ft
$282/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $530,000 $250 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,869/month

21 Days on Market

Highlights

  • Under Construction
  • Traditional Architecture
  • Walk-In Pantry
  • Thurgood Marshall Middle School Rated A-
  • Loft
  • 2 Car Attached Garage

About This Home

As of January 2022

The Merlot (2,120 sqft – 4 bed, 2.5 bath) by LENNAR at Wellington Heights. This beautifully appointed home is one out of the 56 homes in Lennar's newest community of in the heart of Olympia - easy commuting to I-5 and HWY 101. Minutes away from shopping at the Capital Mall, waterfront dining in downtown Olympia, along with trails and parks galore. Situated in the coveted Olympia School District. Home features smart home automation, keyless entry, stainless gourmet kitchen appliances with refrigerator, 2-in faux wood blinds, W/I pantry, along with being fully fenced and landscaped! With LENNAR – Everything’s Included! These homes come inclusive of everything you will need, all at a great affordable price.

Last Agent to Sell the Property

Dayna Bedney

SASH Realty License #131215 Listed on: 10/31/2021

SASH Realty

Co-Listed By

Carol Blomgren

Lennar Sales Corp. License #81363

Last Buyer's Agent

Dayna Bedney

SASH Realty License #131215 Listed on: 10/31/2021

SASH Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1859848

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,966

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 4,126 Sq Ft Lot
  • Southeast Facing Home
  • Property is Fully Fenced

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Loft
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio

Schools

  • Hansen Elementary School
  • Marshall Middle School
  • Capital High School

Utilities

  • Smart Home Wiring
  • High Speed Internet
  • High Tech Cabling

Community Details

  • J&M Management Association
  • Secondary HOA Phone (253) 848-1947
  • Built by Lennar
  • Westside Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number WH 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,966

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$73 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2021
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Wellington Heights
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 2120
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-01-06
  • NewConstruction: Under Construction
  • Special Features: NewHome
  • Cumulative Days on Market: 1,306

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: High Efficiency - 90%+, Laminate Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Loft, Security System, SMART Wired, Walk-In Closet(s), Walk-In Pantry
  • Living Area: 2120
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 2120
  • SquareFootageUnfinished: 2120
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Lennar
  • Direction Faces: Southeast
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance, Road Maintenance
  • HeatingCoolingType: 90%+ High Efficiency
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 73
  • Association Fee Frequency: Monthly
  • Phone: 253-848-1947
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: J&M Management

Schools

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

Lot Info

  • Parcel Number: WH 43
  • Lot Size Acres: 0.0947
  • Lot Size Sq Ft: 4126
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Plot Plan
  • MLSSquareFootageSource: Plot Plan
  • ZoningJurisdiction: City
  • LotNumber: 43

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Hansen Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Jan 3, 2022
Sold by
Lennar Northwest Inc
Bought by
Nigam Nitin and Nigam Ruchi Nitin
Seller's Agent
Dayna Bedney
SASH Realty
Buyer's Agent
Dayna Bedney
SASH Realty
List Price
$529,950
Sold Price
$530,000
Premium/Discount to List
$50
0.009%
Current Estimated Value
$597,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,262
Avg. Annual Appreciation
4.39%
Original Mortgage
$477,000
Outstanding Balance
$450,279
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$167,865
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
Nigam Nitin $530,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nigam Nitin $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $530,000 0.0% $250 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $529,950 -- $250 / 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 $5,966 $599,300 $126,400 $472,900
2023 $5,966 $570,500 $99,700 $470,800
2022 $724 $533,000 $79,400 $453,600
2021 $724 $59,900 $59,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1859848

Northwest Multiple Listing Service (NWMLS)

APN: 82430004300