Listed by Windermere Real Estate Olympia, Bought with Engel & Voelkers Chambers Bay
NOT LISTED FOR SALE

5010 Beach Way NE Olympia, WA 98516

Estimated Value: $502,000 - $583,693

4 Beds
2.5 Baths
1,550 Sq Ft
$352/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $416,000 $268 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,334/month

1 Day on Market

Highlights

  • Waterfront Community
  • Wood Flooring
  • Skylights
  • Deck
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of July 2020

MUST SEE - CUSTOM HOME has clean exterior lines, plantation shutters, back yard with water feature, covered barbecue area, quiet seating surrounded with mature trees for a rustic peaceful sanctuary. Interior has decorative wood trim throughout, amazing stone fireplace, granite kitchen counter tops and high end appliances. Floors are hand scraped wood, travertine tile and plush carpeting. Add a community playground, private community beach and marina with views of MT Rainier and the Olympics.

Last Agent to Sell the Property

Margaret Balagot

Windermere Real Estate Olympia License #11632 Listed on: 06/22/2020

Last Buyer's Agent

DeAnne Davidson

Engel & Voelkers Chambers Bay License #102880

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1618184

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,131

Year Built

  • Built in 1995

Lot Details

  • 5,500 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is in good condition

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Split Foyer
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Olympic View Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Legal Lot and Block 13 / 24
  • Assessor Parcel Number 33702401300

Community Details

Overview

  • Beachcrest Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,131

Year Built

Built in 1995

Lot Details

0

HOA Fees

$28 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 14 - Split Entry
  • Year Built: 1995
  • Inclusions: Dishwasher,Microwave,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Beachcrest First Addition
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1550
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Split
  • Fireplace: Yes
  • Flooring: Hardwood, Travertine, Carpet
  • Interior Amenities: Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Security System, Skylight(s), Water Heater
  • Living Area: 1550
  • Main Level Bedrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 1550
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System, Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electricity Available, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach
  • Association Fee: 28
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 33702401300
  • Topography: Level
  • Lot Size Acres: 0.1263
  • Lot Size Sq Ft: 5500
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: County
  • LotNumber: 13

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3131

MLS Schools

  • Elementary School: Olympic View Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 22, 2020
Sold by
Castro George and Castro Nancy V
Bought by
Axtell Deanna M
Seller's Agent
Margaret Balagot
Windermere Real Estate Olympia
Buyer's Agent
DeAnne Davidson
Engel & Voelkers Chambers Bay
List Price
$399,999
Sold Price
$416,000
Premium/Discount to List
$16,001
4%
Current Estimated Value
$545,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,923
Avg. Annual Appreciation
5.31%
Original Mortgage
$332,800
Outstanding Balance
$295,105
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,818

Purchase Details

Closed on
Jul 1, 2004
Sold by
Kephart Matthew J and Kephart Diane Monica
Bought by
Castro George and Castro Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,960
Interest Rate
6.31%
Mortgage Type
VA

Purchase Details

Closed on
Oct 27, 1998
Sold by
Lorenzana Roseanne M
Bought by
Kephart Matthew Joseph and Kephart Diane Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,978
Interest Rate
6.61%
Mortgage Type
FHA
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
Axtell Deanna M $416,000 Chicago Title Co Of Wa
Castro George $180,000 Transnation Title
Kephart Matthew Joseph $124,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Axtell Deanna M $332,800
Previous Owner Castro George $183,960
Previous Owner Kephart Matthew Joseph $123,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $416,000 +4.0% $268 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $399,999 -- $258 / 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 $5,206 $555,100 $179,700 $375,400
2023 $5,206 $526,400 $136,900 $389,500
2022 $4,751 $493,600 $104,200 $389,400
2021 $3,486 $393,000 $84,700 $308,300
2020 $3,132 $265,300 $91,800 $173,500
2019 $2,724 $244,200 $57,500 $186,700
2018 $3,038 $211,800 $51,500 $160,300
2017 $2,834 $205,350 $52,250 $153,100
2016 $2,572 $187,500 $47,700 $139,800
2014 -- $182,400 $47,700 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1618184

Northwest Multiple Listing Service (NWMLS)

APN: 33702401300