Listed by RE/MAX Parkside Affiliates, Bought with NextHome Northwest Group
NOT LISTED FOR SALE

2507 114th Way SW Olympia, WA 98512

Estimated Value: $537,000 - $583,446

2 Beds
2 Baths
1,850 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 05, 2016

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

Est. 115% increase in value since last sale

Current estimated payment $3,565/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
Current Estimated Value
$570,360

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
$160,440

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
8.63%
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

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
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

  • Pamela Brechwald

    Seller's Agent in 2016

    Pamela Brechwald

    RE/MAX

    (360) 480-8835

    67 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2016

    Danielle Brechwald

    RE/MAX Parkside Affiliates

    Section Image
  • Michael Barber

    Buyer's Agent in 2016

    Michael Barber

    NextHome Northwest Group

    (360) 701-3006

    59 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM892717

Northwest Multiple Listing Service (NWMLS)

APN: 72750102700

Washington Thurston County Olympia 98512

2507 114th Way SW, Olympia, WA

This home is located at 2507 114th Way SW, Olympia, WA 98512 since 05 February 2016 and is currently estimated at $552,862, approximately $298 per square foot. This property was built in 1963. 2507 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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