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

2437 114th Way SW Olympia, WA 98512

Estimated Value: $500,000 - $540,367

2 Beds
1 Bath
1,700 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 21, 2019

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

Est. 54% increase in value since last sale

Current estimated payment $3,290/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

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

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
$540,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,695
Avg. Annual Appreciation
6.15%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

    113 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

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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