NOT LISTED FOR SALE

2249 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $1,440,278 - $1,533,000

3 Beds
1 Bath
3,276 Sq Ft
$454/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $750,000 $229 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,850/month

248 Days on Market

Highlights

  • Docks
  • RV Access or Parking
  • Deck
  • Spa
  • Lake View
  • 1 Fireplace

About This Home

As of May 2017

Completely Stunning throughout this remodeled Waterfront Oasis! 100 feet of Summit Lake for finest presentation on the entire lake. Just minutes from Olympia, yet a world away! Two Lots of sweeping views create the perfect entertainers retreat! Huge Master Suite, large living room with vaulted ceilings, gourmet kitchen, with incredible views! Lower level with sweeping views also could be second living area for in laws or handicap.Pride of ownership & turnkey ready! Owner netting zero. Must see!

Last Agent to Sell the Property

Steven Breda

Wilson Realty Exchange, Inc. License #24028 Listed on: 07/29/2016

Co-Listed By

Garrett Breda

Wilson Realty Exchange, Inc. License #109885

Last Buyer's Agent

Robert Stoeck

Redfin License #17740

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1005535

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,573

Year Built

  • Built in 1984

Lot Details

  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Garden

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Detached Carport Space
  • RV Access or Parking

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Summit Lake Community

Listing and Financial Details

  • Assessor Parcel Number 65400004400

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,573

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, French Doors, High Tech Cabling, Jetted Tub, Loft, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3276
  • Square Footage Finished: 3276

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake
  • View: Lake, Mountain
  • Waterfront: Bulkhead, Lake
  • Waterfront Frontage: 100+

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Detached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Summit Lake

Schools

  • School District: GRF

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 26349
  • Lot Topography Vegetation: Garden Space, Sloped
  • Parcel Number: 65400004400
  • Lot Topography: Garden Space, Sloped

Tax Info

  • Tax Amount: 7840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
May 8, 2017
Sold by
2249 Summit Lake Shores Llc
Bought by
Salzer Ray D and Salzer Cathy A
Seller's Agent
Steven Breda
Wilson Realty Exchange, Inc.
Buyer's Agent
Robert Stoeck
Redfin
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Total Days on Market
248
Current Estimated Value
$1,486,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,070
Avg. Annual Appreciation
9.39%
Original Mortgage
$424,100
Outstanding Balance
$358,884
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,185,966

Purchase Details

Closed on
Sep 11, 2014
Sold by
Harris Robert C
Bought by
2249 Summit Lake Shores Llc

Purchase Details

Closed on
Jun 4, 2007
Sold by
Bowers Jeffrey L and Bowers Jackie L
Bought by
Harris Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 24, 2006
Sold by
Post Dale M and Trowbridge Mary E
Bought by
Bowers Jeffrey L and Bowers Jackie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2000
Sold by
Post Dale M
Bought by
Post Dale M and Trowbridge Mary E
Source: Public Records

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Range of Values:

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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
Salzer Ray D $749,719 Thurston County Title
2249 Summit Lake Shores Llc -- None Available
Harris Robert C $960,000 Thurston County Title
Bowers Jeffrey L $725,000 Chicago Title Company
Post Dale M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salzer Ray D $424,100
Previous Owner Harris Robert C $768,000
Previous Owner Bowers Jeffrey L $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $750,000 0.0% $229 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
02/02/2017 02/02/17 Price Changed $750,000 -3.2% $229 / Sq Ft
10/29/2016 10/29/16 For Sale $775,000 0.0% $237 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $775,000 0.0% $237 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/19/2016 08/19/16 Price Changed $775,000 +3.3% $237 / Sq Ft
07/29/2016 07/29/16 For Sale $750,000 -- $229 / 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 $11,573 $1,368,600 $369,000 $999,600
2023 $11,573 $1,363,800 $418,100 $945,700
2022 $10,501 $1,194,400 $408,000 $786,400
2021 $8,470 $1,081,300 $384,900 $696,400
2020 $10,595 $777,900 $299,300 $478,600
2019 $9,210 $871,100 $246,700 $624,400
2018 $9,428 $752,000 $220,100 $531,900
2017 $8,089 $661,750 $288,550 $373,200
2016 $7,840 $705,100 $255,800 $449,300
2014 -- $663,400 $255,800 $407,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1005535

Northwest Multiple Listing Service (NWMLS)

APN: 65400004400