NOT LISTED FOR SALE

2507 Capitol Way S Olympia, WA 98501

South Capitol Neighborhood

Estimated Value: $446,000 - $476,000

2 Beds
1 Bath
1,013 Sq Ft
$452/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $395,000 $390 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,761/month

Highlights

  • Deck
  • Territorial View
  • 1 Fireplace
  • Lincoln Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Stevens Field

About This Home

As of November 2021

The holy grail of Olympia is a craftsman-era home in the South Capitol neighborhood—and here’s your opportunity to own a charming and historic home (listed on historic register). Home has been well-maintained and updated over the years. Showings are restricted to Saturday and Sunday due to work schedule. This 2 bedroom home features backyard with deck and lots of privacy to unwind and entertain, unfinished basement, and shared driveway to a carport in back.

Last Agent to Sell the Property

Dave Champagne

Castle Realty Inc License #17754 Listed on: 09/16/2021

Last Buyer's Agent

Mitch Dietz

Coldwell Banker Evergreen License #24002319

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1840534

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,019

Year Built

  • Built in 1912

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Detached Carport Space

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Capital Campus Community

Listing and Financial Details

  • Assessor Parcel Number 38500701100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,019

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1013
  • Square Footage Finished: 1013
  • Square Footage Unfinished: 1023

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Soundy Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Capital Campus

Schools

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

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 3999
  • Lot Topography Vegetation: Level
  • Parcel Number: 38500701100
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 2, 2021
Sold by
Flynn Kiirsten R
Bought by
Daiber Eric
Seller's Agent
Dave Champagne
Castle Realty Inc
Buyer's Agent
Mitch Dietz
Coldwell Banker Evergreen
List Price
$389,500
Sold Price
$395,000
Premium/Discount to List
$5,500
1.41%
Current Estimated Value
$457,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,601
Avg. Annual Appreciation
3.83%
Original Mortgage
$355,500
Outstanding Balance
$325,845
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$131,756

Purchase Details

Closed on
Oct 27, 2006
Sold by
Hosford Peggy A
Bought by
Flynn Kiirsten R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Johnson Sean D and Espedal Johnson Dorothy A
Bought by
Hosford Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2001
Sold by
Johnson Sean D and Espedal Johnson Sean D
Bought by
Johnson Sean D and Espedal Johnson Dorothy A

Purchase Details

Closed on
Jan 28, 1998
Sold by
Padget Sean D and Padget Elizabeth L
Bought by
Espedal Johnson Sean D and Espedal Johnson Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
7.05%

Purchase Details

Closed on
Sep 29, 1995
Sold by
Satran Jill
Bought by
Padget Sean D and Padget Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,240
Interest Rate
7.92%
Mortgage Type
Assumption
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
Daiber Eric $395,000 Thurston County Title Co
Flynn Kiirsten R $234,000 First American Title
Hosford Peggy A $182,000 Chicago Title Co
Johnson Sean D -- Thurston County Title Co
Espedal Johnson Sean D $127,000 Thurston County Title Co
Padget Sean D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daiber Eric $355,500
Previous Owner Flynn Kiirsten R $180,000
Previous Owner Hosford Peggy A $145,600
Previous Owner Espedal Johnson Sean D $120,650
Previous Owner Padget Sean D $114,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $395,000 +1.4% $390 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $389,500 -- $385 / 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 $4,019 $394,500 $144,400 $250,100
2023 $4,019 $384,000 $115,500 $268,500
2022 $3,854 $370,900 $90,200 $280,700
2021 $3,548 $322,400 $80,400 $242,000
2020 $3,544 $274,600 $94,200 $180,400
2019 $3,076 $267,600 $84,400 $183,200
2018 $3,110 $230,800 $80,700 $150,100
2017 $2,954 $236,250 $86,550 $149,700
2016 $2,713 $220,800 $83,900 $136,900
2014 -- $216,800 $83,900 $132,900
Source: Public Records

Agents Affiliated with this Home

  • Dave Champagne

    Seller's Agent in 2021

    Dave Champagne

    Castle Realty Inc

    (360) 870-8386

    1 in this area

    127 Total Sales

    Dave Champagne
    Section Image
  • Mitch Dietz

    Buyer's Agent in 2021

    Mitch Dietz

    Coldwell Banker Evergreen Olympic Realty, Inc.

    (360) 791-5009

    2 in this area

    205 Total Sales

    Mitch Dietz
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1840534

Northwest Multiple Listing Service (NWMLS)

APN: 38500701100

Washington Thurston County Olympia 98501 South Capitol

2507 Capitol Way S, Olympia, WA

This home is located at 2507 Capitol Way S, Olympia, WA 98501 since 16 September 2021 and is currently estimated at $457,601, approximately $451 per square foot. This property was built in 1912. 2507 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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