NOT LISTED FOR SALE

2623 Wood Dr SW Olympia, WA 98512

Estimated Value: $451,000 - $501,000

2 Beds
2 Baths
1,472 Sq Ft
$324/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $450,000 $306 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,847/month

Highlights

  • Waterfront Community
  • RV Access or Parking
  • Deck
  • Golf Course Community
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of April 2022

Adorable farmhouse on almost half an acre located in the popular Scott Lake Community! This home features a brand new roof, new paint throughout, new flooring, new light fixtures, updated bathrooms and kitchen including new cabinets, granite countertops and brand new stainless steel appliances. A BONUS ROOM upstairs could be used as a third bedroom or an office. Enjoy the view from anywhere on the large wrap around porch. Tons of storage including an unfinished basement. Property could potentially be divided into two lots for ADU - Buyer to verify. Walking distance to community features and only 15 minutes from downtown Olympia.

Last Buyer's Agent

James Glavin

Vantage Point Brokers, LLC License #137606

Vantage Point Brokers, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1887571

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Sloped Lot

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • French Doors
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 72792000400

Community Details

Overview

  • Scott Lake Association
  • Scott Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Golf Course Community
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,584

Year Built

Built in 1972

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1972
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1472
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate, Ceiling Fan(s), French Doors, Vaulted Ceiling(s), Water Heater
  • Living Area: 1472
  • Main Level Bedrooms: 1
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1472
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Block
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electric, Wood
  • HeatingCoolingType: Baseboard,Stove/Free Standing
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Scott Lake
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric
  • CableConnected: Comcast/Xfinity
  • InternetConnected: Comcast/Xfinity or CenturyLink

Condo/Co-op/Association

  • Community Features: CCRs, Club House, Community Waterfront/Pvt Beach, Golf, Playground
  • Senior Community: No
  • Association Fee: 10
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: Scott Lake

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 72792000400
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.464
  • Lot Size Sq Ft: 20214
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3584

Multi Family

  • EnergySource: Electric,Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 29, 2022
Sold by
Jag 1 Llc
Bought by
Glavin James E
Buyer's Agent
James Glavin
Vantage Point Brokers, LLC
List Price
$434,000
Sold Price
$450,000
Premium/Discount to List
$16,000
3.69%
Current Estimated Value
$477,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,547
Avg. Annual Appreciation
0.56%
Original Mortgage
$17,673
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2021
Sold by
Logsdon Kristie S and Logsdon John F
Bought by
Jag 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,320
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Glavin James E $450,000 Chicago Title
Jag 1 Llc $290,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glavin James E $17,673
Open Glavin James E $44,189
Previous Owner Jag 1 Llc $38,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $450,000 +3.7% $306 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $434,000 -- $295 / 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 $3,665 $415,100 $137,400 $277,700
2023 $3,665 $346,400 $102,900 $243,500
2022 $3,584 $351,900 $118,700 $233,200
2021 $3,132 $284,000 $80,800 $203,200
2020 $2,832 $222,500 $63,600 $158,900
2019 $2,402 $193,500 $49,300 $144,200
2018 $2,172 $151,800 $35,400 $116,400
2017 $2,110 $142,250 $34,150 $108,100
2016 $2,066 $141,450 $52,350 $89,100
2014 -- $139,450 $52,350 $87,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1887571

Northwest Multiple Listing Service (NWMLS)

APN: 72792000400