Listed by RE/MAX Connect, Bought with Better Properties Hometown
NOT LISTED FOR SALE

2505 Capitol Way S Olympia, WA 98501

South Capitol Neighborhood

Estimated Value: $542,834 - $589,000

3 Beds
2 Baths
1,404 Sq Ft
$408/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $250,000 $178 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,169/month

77 Days on Market

About This Home

As of December 2013

Classic Vintage South Capitol Campus neighborhood home. Charm & character await you! Hardwood floors, leaded glass windows, alcoves, copper gutters and an English garden to name a few. Tile floors in bathroom. Ample storage. Fenced back yard & patio with water feature. 2 bedrooms on main floor, and generously sized master suite on upper level. Daylight basement partially finished. Newer elec panel, newer gas furnace & gas hot water heater. Oly Schools.

Last Agent to Sell the Property

Lisa Lageschulte

RE/MAX Connect License #41542 Listed on: 09/20/2013

RE/MAX Connect

Last Buyer's Agent

El Sanchez

Better Properties Hometown License #50327

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM546556

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$527

Year Built

1929

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 1404
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1929

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Basement: Daylight
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Security System
  • Fireplaces: 1
  • Floor: Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Sq Ft Unfinished: 700
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street, Sidewalk
  • Roof: Composition
  • Site Features: Cable TV, Full Fence, High Speed Internet, Patio
  • Lot Topography: Garden Space, Level

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 1

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Water Source: Public

Schools

  • School District: OLY
  • Elementary School: Lincoln Elem
  • Middle School: Wash Mid
  • High School: Olympia High

Lot Info

  • Lot Dimensions: 100x39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Dec 26, 2013
Sold by
Wissler Becky R and Wissler James
Bought by
Torres Michael D and Torres Yvonne L
Seller's Agent
Lisa Lageschulte
RE/MAX Connect
Buyer's Agent
El Sanchez
Better Properties Hometown
List Price
$284,900
Sold Price
$250,000
Premium/Discount to List
-$34,900
-12.25%
Current Estimated Value
$573,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,459
Avg. Annual Appreciation
7.25%
Original Mortgage
$200,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Spalding David J and Coate Jennifer
Bought by
Cant Becky R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2004
Sold by
Coate Jennifer
Bought by
Spalding David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 19, 2004
Sold by
Honhorst Nancy J
Bought by
Coate Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,150
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2003
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Jun 9, 2003
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
May 7, 2003
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Apr 15, 2003
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Mar 24, 2003
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Feb 18, 2003
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Nov 25, 2002
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Oct 22, 2002
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Sep 24, 2002
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Aug 26, 2002
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Jul 25, 2002
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Jun 27, 2002
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
May 29, 2002
Sold by
Honhorst Jane K
Bought by
Honhorst Nancy J

Purchase Details

Closed on
Jul 16, 1996
Sold by
Honhorst Nancy J and Honhorst Jane K
Bought by
Honhorst Nancy J and Honhorst Jane K

Purchase Details

Closed on
Jul 10, 1996
Sold by
Frost Erin J and Frost Gretchen F
Bought by
Honhorst Nancy J and Honhorst Jane K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Torres Michael D $250,000 Thurston County Title
Cant Becky R $314,900 Stewart Title Of Western
Spalding David J $260,000 Chicago Title Co
Coate Jennifer $216,463 Thurston County Title
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- --
Honhorst Nancy J -- Transnation Title Insurance
Honhorst Nancy J -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Michael D $199,000
Closed Torres Michael D $200,000
Previous Owner Cant Becky R $248,000
Previous Owner Cant Becky R $251,900
Previous Owner Cant Becky R $62,950
Previous Owner Spalding David J $240,000
Previous Owner Spalding David J $30,000
Previous Owner Spalding David J $247,000
Previous Owner Coate Jennifer $173,150
Closed Coate Jennifer $43,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $250,000 -10.7% $178 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
12/05/2013 12/05/13 Price Changed $279,900 -1.8% $199 / Sq Ft
09/20/2013 09/20/13 For Sale $284,900 -- $203 / 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 $527 $510,500 $144,400 $366,100
2023 $527 $499,000 $115,500 $383,500
2022 $1,090 $479,300 $90,200 $389,100
2021 $1,194 $415,400 $80,400 $335,000
2020 $1,215 $374,500 $94,200 $280,300
2019 $1,735 $370,400 $84,400 $286,000
2018 $1,753 $319,200 $80,700 $238,500
2017 $1,721 $259,750 $86,550 $173,200
2016 $2,974 $244,500 $83,900 $160,600
2014 -- $237,700 $83,900 $153,800
Source: Public Records

Agents Affiliated with this Home

  • Lisa Lageschulte

    Seller's Agent in 2013

    Lisa Lageschulte

    RE/MAX

    (360) 951-8870

    1 in this area

    100 Total Sales

    Lisa Lageschulte
    Section Image

  • E

    Buyer's Agent in 2013

    El Sanchez

    Better Properties Hometown

    (360) 791-2991

    8 Total Sales

    El Sanchez
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM546556

Northwest Multiple Listing Service (NWMLS)

APN: 38500701000

Washington Thurston County Olympia 98501 South Capitol

2505 Capitol Way S, Olympia, WA

This home is located at 2505 Capitol Way S, Olympia, WA 98501 since 20 September 2013 and is currently estimated at $573,459, approximately $408 per square foot. This property was built in 1929. 2505 Capitol Way S is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington Middle School, and Olympia 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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