NOT LISTED FOR SALE

2523 Cedar Park Loop SE Olympia, WA 98501

Estimated Value: $789,284 - $862,000

4 Beds
1 Bath
2,770 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $740,000 $267 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,996/month

Highlights

  • Spa
  • Wood Flooring
  • Sport Court
  • Centennial Elementary School Rated A
  • 1 Fireplace
  • Attached Garage

About This Home

As of September 2021

BRAND NEW ROOF in August! Incredible opportunity in this craftsman home in The Cedars, SE Olympia! Beautifully updated, leaving nothing to be desired: Fresh kitchen w granite slab, gas fireplace w gorgeous mantle & surrounding built-ins, formal living/dining w built-in buffet/cupboards, office w 3/4 bath attached for flexible living. Primary Suite has fully remodeled bath: luxurious freestanding tub, tiled glass door shower & large privacy windows. Outdoor living/entertaining at its best: large paver patio, built in Bull gas BBQ, sport court, newer hot tub, & mounted TV. Three car finished garage w great storage; bonus room behind 4th bay storage is terrific workout room, office, hobby/media/playspace, etc. Olympia's most desired schools.

Last Agent to Sell the Property

Julie Bradshaw

RE/MAX Northwest License #113944 Listed on: 07/06/2021

RE/MAX Northwest

Last Buyer's Agent

Jodi Ashline

Coldwell Banker Evergreen License #41036

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1800334

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,505

Year Built

  • Built in 1998

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 39280004300

Community Details

Overview

  • South Eastside Olympia Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,505

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet, S
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2770
  • Square Footage Finished: 2770

Exterior Features

  • Exterior: Brick, Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, Heat Pump, High Efficiency (Unspecified), Hepa Air Filtration
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 21
  • Community Name: South Eastside Olympia
  • Community Features: CCRs

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 9096
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 39280004300
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 6304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 3, 2021
Sold by
Sipe Christina M and Sipe Sean S
Bought by
Nguyen Hung N and Nguyen Tiffany N
Seller's Agent
Julie Bradshaw
RE/MAX Northwest
Buyer's Agent
Jodi Ashline
Coldwell Banker Evergreen
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%
Current Estimated Value
$821,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,321
Avg. Annual Appreciation
2.60%
Original Mortgage
$665,000
Outstanding Balance
$605,101
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$216,220

Purchase Details

Closed on
Feb 26, 2007
Sold by
Fluetsch Brian A and Fluetsch Valerie A
Bought by
Sipe Sean S and Sipe Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2003
Sold by
Fluetsch Brian A
Bought by
Fluetsch Brian A and Fluetsch Valerie A

Purchase Details

Closed on
May 13, 1998
Sold by
Steve Ackelson Construction Company Inc
Bought by
Fluetsch Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
7.13%

Purchase Details

Closed on
Jul 22, 1997
Sold by
Hanna Suhail N and Hanna Joan R
Bought by
Steve Ackelson Construction Company Inc

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
7.58%
Source: Public Records

Range of Values:

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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
Nguyen Hung N $740,000 Fatco
Sipe Sean S $520,000 Thurston County Title
Fluetsch Brian A -- First American Title
Fluetsch Brian $244,000 Thurston County Title Co
Steve Ackelson Construction Company Inc -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Hung N $665,000
Previous Owner Sipe Sean S $416,000
Previous Owner Fluetsch Brian $195,200
Previous Owner Steve Ackelson Construction Company Inc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $740,000 +2.1% $267 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $725,000 -2.0% $262 / Sq Ft
07/15/2021 07/15/21 Off Market $740,000 -- --
07/08/2021 07/08/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $725,000 0.0% $262 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $725,000 -- $262 / 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 $7,505 $723,300 $170,700 $552,600
2023 $7,505 $717,900 $168,000 $549,900
2022 $7,005 $707,000 $109,700 $597,300
2021 $6,304 $586,600 $91,400 $495,200
2020 $6,387 $488,500 $110,900 $377,600
2019 $5,667 $482,800 $108,300 $374,500
2018 $5,757 $427,500 $90,700 $336,800
2017 $5,290 $423,650 $77,850 $345,800
2016 $4,854 $390,000 $77,100 $312,900
2014 -- $388,400 $77,100 $311,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1800334

Northwest Multiple Listing Service (NWMLS)

APN: 39280004300