Listed by Vanguard Realty, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

2203 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $1,240,000 - $1,602,278

3 Beds
2.5 Baths
2,601 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $1,600,000 $615 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,814/month

39 Days on Market

Highlights

  • Boathouse
  • Docks
  • RV Access or Parking
  • 50 Feet of Waterfront
  • Community Boat Launch
  • Lake View

About This Home

As of July 2022

This stunning, custom Summit Lake waterfront home is lakefront living at its best! Enjoy panoramic southern exposure views from the massive upper level deck or the wall of windows. Warm up next to the cozy fireplace in the main living area with its soaring 22' vaulted ceilings. Gorgeous kitchen w/cherry cabinets, (Magma Gold) granite countertops, main floor master suite. Office & bonus room. 10' ceilings in daylight basement w/ lg family room & spare bedrooms. Slide your boat out of pristine 420 sq ft boat house w/working rails, 50-ft no bank waterfront, easy access dock. Wired for generator, concrete drive, RV parking, (Clearwater Spa) hot tub and a 12’ x 14’ work shop. Serene lake living 15 minutes to Capitol Forest, HWY 8 & west Olympia.

Last Agent to Sell the Property

Lisa Quaade

Vanguard Realty License #38431 Listed on: 05/05/2022

Last Buyer's Agent

Jami Downing

Abbey Realty Inc License #49938

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1926742

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,684

Year Built

  • Built in 2017

Lot Details

  • 0.33 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Terraced Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,601 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • French Doors
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 65400002100

Community Details

Overview

  • No Home Owners Association
  • Joni Fusch Association
  • Summit Lake Subdivision

Recreation

  • Community Boat Launch
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,684

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2017
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2731
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,195

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet, Wet Bar, Wired for Generator, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Hot Tub/Spa, Skylight(s), Vaulted Ceiling(s), Water Heater
  • Living Area: 2601
  • Main Level Bedrooms: 1
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2601
  • SquareFootageUnfinished: 130
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Metal
  • View: Lake, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Direction Faces: South
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 50

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Lake
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Propane, Septic System, Electricity Available, Propane
  • HeatingCoolingType: Forced Air,Heat Pump,Wall
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Lake
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric
  • CableConnected: Comcast/Xfinity
  • InternetConnected: Comcast/Xfinity

Condo/Co-op/Association

  • Community Features: Boat Launch, Trail(s)
  • Senior Community: No
  • Association: No
  • AssociationContactName: Joni Fusch

Schools

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

Lot Info

  • Parcel Number: 65400002100
  • Topography: PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.3273
  • Lot Size Sq Ft: 14259
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Boat House,Cable TV,Deck,Dock,Patio,Propane,RV Parking,Shop
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7684

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Griffin Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Kim Sungbae and Kim Angela
Bought by
Kim Revocable Trust
Current Estimated Value
$1,455,820

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 5, 2022
Sold by
Martin and Audrey
Bought by
Kim Sungbae and Kim Angela
Seller's Agent
Lisa Quaade
Vanguard Realty
Buyer's Agent
Jami Downing
Abbey Realty Inc
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.55%

Purchase Details

Closed on
Feb 4, 2008
Sold by
Thompson Michael
Bought by
Martin Rollie and Martin Audrey

Purchase Details

Closed on
May 18, 2007
Sold by
Thompson Frederick A
Bought by
Thompson Michael
Source: Public Records

Range of Values:

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List 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
Kim Revocable Trust -- None Listed On Document
Kim Sungbae $1,600,000 Stewart Title
Martin Rollie $290,000 First American Title
Thompson Michael -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Rollie $155,000
Previous Owner Martin Rollie $458,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $1,600,000 -3.0% $615 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $1,650,000 -- $634 / 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 $11,316 $1,344,100 $299,000 $1,045,100
2023 $11,316 $1,333,400 $337,900 $995,500
2022 $7,684 $1,242,100 $322,300 $919,800
2021 $7,163 $788,900 $266,900 $522,000
2020 $8,911 $656,700 $233,800 $422,900
2019 $7,826 $731,500 $195,300 $536,200
2018 $5,934 $471,000 $174,800 $296,200
2017 $2,748 $226,300 $226,300 $0
2016 $2,338 $199,050 $199,050 $0
2014 -- $199,050 $199,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1926742

Northwest Multiple Listing Service (NWMLS)

APN: 65400002100