NOT LISTED FOR SALE

2507 114th Way SW Olympia, WA 98512

Estimated Value: $549,000 - $587,726

2 Beds
2 Baths
1,850 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $265,000 $143 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,623/month

45 Days on Market

Highlights

  • Docks
  • Wood Flooring
  • Detached Garage
  • Lake View
  • 2 Fireplaces
  • Patio

About This Home

As of May 2016

Beautiful Scott Lake waterfront rambler! This 2 bedroom 2 bathroom home features family room and living room with fireplaces and views of the lake. Outside features gated entry, dock and patio and 2 detached 2 car garages. Home has been updated with new paint, carpet and a new roof. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Pamela Brechwald

RE/MAX Parkside Affiliates License #75620 Listed on: 02/05/2016

RE/MAX Parkside Affiliates

Co-Listed By

Danielle Brechwald

RE/MAX Parkside Affiliates

Last Buyer's Agent

Michael Barber

NextHome Northwest Group License #24716

NextHome Northwest Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM892717

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 1963

Lot Details

  • Gated Home
  • Partially Fenced Property

Parking

  • Detached Garage

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2 Fireplaces
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Docks
  • Patio
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Scott Lake Community

Listing and Financial Details

  • Assessor Parcel Number 72750102700

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,306

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1963
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, French Doors, Jetted Tub, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1850
  • Square Footage Finished: 1850

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: Lake
  • Waterfront: Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Heat Pump, Insert
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Scott Lake

Schools

  • Elementary School: Littlerock Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 17303
  • Parcel Number: 72750102700

Tax Info

  • Tax Amount: 3685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Kilmer Damon A
Bought by
Peppers Joshua W and Peppers Angela M
Total Days on Market
45
Current Estimated Value
$566,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Outstanding Balance
$410,461
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$160,720

Purchase Details

Listed on
Feb 5, 2016
Closed on
May 5, 2016
Sold by
Fannie Mae
Bought by
Kilmer Damon A
Seller's Agent
Pamela Brechwald
RE/MAX Parkside Affiliates
Buyer's Agent
Michael Barber
NextHome Northwest Group
List Price
$294,900
Sold Price
$265,000
Premium/Discount to List
-$29,900
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$238,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2015
Sold by
Wallace Arthur G and Wallace Leona L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 8, 2005
Sold by
Schroder Ronald L and Schroder Lawrence A
Bought by
Wallace Arthur G and Wallace Leona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2004
Sold by
Schroder Ronald Lee
Bought by
Schroder Ronald L and Schroder Lawrence A
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
Peppers Joshua W $525,000 Chicago Title
Kilmer Damon A $2,650,000 Servicelink
Federal National Mortgage Association $246,751 Nextitle
Wallace Arthur G $254,900 Stewart Title Of Wester
Schroder Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peppers Joshua W $25,000
Open Peppers Joshua W $446,250
Previous Owner Kilmer Damon A $277,600
Previous Owner Kilmer Damon A $15,000
Previous Owner Kilmer Damon A $238,500
Previous Owner Wallace Arthur G $239,040
Previous Owner Wallace Arthur G $41,531
Previous Owner Wallace Arthur G $249,000
Previous Owner Wallace Arthur G $230,500
Previous Owner Wallace Arthur G $203,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $265,000 -1.8% $143 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/07/2016 03/07/16 Price Changed $269,900 -8.5% $146 / Sq Ft
02/05/2016 02/05/16 For Sale $294,900 -- $159 / 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 $5,306 $540,900 $229,700 $311,200
2023 $5,306 $506,700 $172,600 $334,100
2022 $5,455 $527,200 $191,300 $335,900
2021 $4,872 $437,000 $127,500 $309,500
2020 $4,739 $350,700 $106,400 $244,300
2019 $3,958 $329,100 $102,800 $226,300
2018 $3,983 $284,700 $73,200 $211,500
2017 $3,631 $250,200 $71,000 $179,200
2016 $3,685 $256,500 $107,800 $148,700
2014 -- $254,300 $107,800 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM892717

Northwest Multiple Listing Service (NWMLS)

APN: 72750102700