Listed by Olympic Sotheby's Int'l Realty, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

503 Grass Lake St NW Olympia, WA 98502

Estimated Value: $553,000 - $625,000

4 Beds
2.5 Baths
2,132 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $410,000 $192 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,583/month

27 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Storm Windows
  • Thurgood Marshall Middle School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of August 2020

Welcome to Grass Lake Village! Prime Westside location close to medical, shopping, and I-5. This 4BD/2.5BA home is well-cared for, boasting an open floor plan with vaulted ceilings in the great room, a spacious/functional kitchen and a multi-use den on the main level! Enjoy high vaulted ceilings within the master bedroom, complete with a 5-piece master bath and W/I closet! While the HOA covers front and back lawn maintenance, you can sit cool under the covered backyard porch. This is a must-see!

Last Agent to Sell the Property

Tim Lynch

Olympic Sotheby's Int'l Realty License #117939 Listed on: 06/19/2020

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Jessica Sieracki

Coldwell Banker Danforth License #118131

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1617201

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 2013

Lot Details

  • 5,012 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • French Doors
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Schools

  • Mclane Elementary School
  • Marshall Middle School
  • Capital High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 51440005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,457

Year Built

Built in 2013

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2013
  • Inclusions: Dishwasher,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2132
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, French Doors
  • Living Area: 2132
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2132
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterHeaterLocation: Garage

Condo/Co-op/Association

  • Community Features: CCRs
  • Association Fee: 80
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Marshall Middle

Lot Info

  • Parcel Number: 51440005000
  • Topography: Level,Terraces
  • Lot Size Acres: 0.1151
  • Lot Size Sq Ft: 5012
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4457

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 5, 2020
Sold by
Eaton Joel and Eaton Nicole
Bought by
Mitchell Donald W and Mitchell Kerry
Seller's Agent
Tim Lynch
Olympic Sotheby's Int'l Realty
Buyer's Agent
Jessica Sieracki
Coldwell Banker Danforth
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$578,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,739
Avg. Annual Appreciation
6.84%
Original Mortgage
$328,000
Outstanding Balance
$262,252
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$316,487

Purchase Details

Listed on
Apr 19, 2013
Closed on
Oct 25, 2013
Sold by
Highmark Homes Llc
Bought by
Eaton Joel and Eaton Nicole
Seller's Agent
Ray Koltermann
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Tiffinie Clark
Windermere RE/Lake Tapps, Inc
List Price
$226,950
Sold Price
$223,416
Premium/Discount to List
-$3,534
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$219,367
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2012
Sold by
Capstone Homes Inc
Bought by
Highmark Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.36%
Mortgage Type
Unknown
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
Mitchell Donald W $410,000 Thurston County Title Co
Eaton Joel $223,415 First American Title
Highmark Homes Llc $1,200,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Donald W $328,000
Previous Owner Eaton Joel $219,367
Previous Owner Highmark Homes Llc $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $410,000 +2.5% $192 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $399,900 0.0% $188 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $399,900 +79.0% $188 / Sq Ft
11/27/2013 11/27/13 Sold $223,416 -1.6% $108 / Sq Ft View Prior Sale
04/19/2013 04/19/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $226,950 -- $110 / 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 $5,501 $573,200 $171,800 $401,400
2023 $5,501 $526,000 $132,200 $393,800
2022 $5,368 $529,100 $100,900 $428,200
2021 $4,683 $449,300 $86,900 $362,400
2020 $4,457 $362,700 $82,800 $279,900
2019 $3,957 $336,700 $73,800 $262,900
2018 $3,925 $291,400 $62,600 $228,800
2017 $3,419 $273,550 $53,850 $219,700
2016 $3,068 $257,750 $64,450 $193,300
2014 -- $245,250 $64,450 $180,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1617201

Northwest Multiple Listing Service (NWMLS)

APN: 51440005000