Listed by Elite Properties, Bought with Van Dorm Realty, Inc.
NOT LISTED FOR SALE

2437 114th Way SW Olympia, WA 98512

Estimated Value: $513,000 - $617,000

2 Beds
1 Bath
1,700 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $350,000 $206 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,435/month

1 Day on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Lake View
  • Docks
  • Greenhouse
  • Deck

About This Home

As of June 2019

Check out this rare lakefront listing on Scott Lake w/ approximately 60 feet of no bank lakefront access! Homes on Scott Lake rarely become available & one that has been meticulously cared for are even rarer. Approximately 1,700 square feet w/ two bedrooms, 1.75 bathrooms, beautifully remodeled kitchen w/ granite counter tops, office/den, & bonus room for your hobbies. An approved 3 bedroom septic system has been installed. Enjoy power and non-power water sports from your lakefront home!

Last Agent to Sell the Property

Chad Link

Elite Properties License #23313 Listed on: 06/02/2019

Last Buyer's Agent

Julie Holmquist

Van Dorm Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1467911

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,391

Year Built

  • Built in 1977

Lot Details

  • Dog Run
  • Partially Fenced Property
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Greenhouse
  • Outbuilding

Utilities

  • Propane
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 72750102300

Community Details

Overview

  • Scott Lake Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,391

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Recreation Room: Main
  • Estimated Sq Ft: 1700
  • Square Footage Finished: 1700

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Lake, No Bank

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Scott Lake
  • Water Heater: Utlity Room-Electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Scott Lake
  • Community Features: Boat Launch, CCRs, Community Waterfront/Pvt Beach

Schools

  • School District: TUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 15682
  • Parcel Number: 72750102300

Tax Info

  • Tax Amount: 3662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jun 17, 2019
Sold by
Wood Gaylen L and Wood Carol A
Bought by
Rath Timothy A
Seller's Agent
Chad Link
Elite Properties
Buyer's Agent
Julie Holmquist
Van Dorm Realty, Inc.
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Current Estimated Value
$563,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,135
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Jun 19, 2003
Sold by
Johnson Betty B
Bought by
Wood Gaylen L and Wood Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.53%
Mortgage Type
Unknown
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
Rath Timothy A $349,500 Chicago Title Lacey
Wood Gaylen L $170,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Gaylen L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $350,000 -7.7% $206 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
06/02/2019 06/02/19 For Sale $379,000 -- $223 / 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 $5,391 $527,600 $224,800 $302,800
2023 $5,391 $515,000 $168,900 $346,100
2022 $5,069 $517,200 $182,300 $334,900
2021 $4,496 $405,400 $119,500 $285,900
2020 $4,335 $323,000 $103,900 $219,100
2019 $3,662 $300,400 $100,200 $200,200
2018 $3,536 $251,900 $71,600 $180,300
2017 $3,372 $231,850 $69,550 $162,300
2016 $3,390 $236,750 $104,850 $131,900
2014 -- $233,350 $104,850 $128,500
Source: Public Records

Agents Affiliated with this Home

  • Chad Link

    Seller's Agent in 2019

    Chad Link

    Elite Properties

    (360) 292-5647

    112 Total Sales

    Chad Link
    Section Image

  • J

    Buyer's Agent in 2019

    Julie Holmquist

    Van Dorm Realty, Inc.

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1467911

Northwest Multiple Listing Service (NWMLS)

APN: 72750102300

Washington Thurston County Olympia 98512

2437 114th Way SW, Olympia, WA

This home is located at 2437 114th Way SW, Olympia, WA 98512 since 02 June 2019 and is currently estimated at $563,135, approximately $331 per square foot. This property was built in 1977. 2437 114th Way SW is a home located in Thurston County with nearby schools including Littlerock Elementary School, George Washington Bush Middle School, and Tumwater High 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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