NOT LISTED FOR SALE

505 Summit Lake Shore Rd NW Unit 3 Olympia, WA 98502

Estimated Value: $318,814 - $382,000

1 Bed
1 Bath
960 Sq Ft
$355/Sq Ft Est. Value

About This Home

This home is located at 505 Summit Lake Shore Rd NW Unit 3, Olympia, WA 98502 and is currently estimated at $341,204, approximately $355 per square foot. 505 Summit Lake Shore Rd NW Unit 3 is a home located in Thurston County with nearby schools including McLane Elementary School, Thurgood Marshall Middle School, and Capital High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Forge Trust Co
Bought by
Comfort Mark W and Stanfield Karen
Current Estimated Value
$322,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$190,517
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$127,906

Purchase Details

Closed on
May 17, 2016
Sold by
Comfort Mark W and Stanfield Karen S
Bought by
Ira Services Trust Company and Karen Sue Stanfield Ira Account #518773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2015
Sold by
Bank Of America Na
Bought by
Comfort Mark W and Stanfield Karen S

Purchase Details

Closed on
Mar 25, 2015
Sold by
Mcgill Melinda
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 30, 2007
Sold by
Rudin Rene I
Bought by
Mcgill Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2007
Sold by
Daly George
Bought by
Rudin Rene I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 1994
Sold by
Gleason Gene F and Gleason Beverly A
Bought by
Daly George and Daly George Steven
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Comfort Mark W -- Wfg National Title Co
Ira Services Trust Company $14,719 Stewart Title Western Wa Inc
Comfort Mark W $74,619 Stewart Title Western Wa Inc
Bank Of America Na $202,730 Document Processing Solution
Mcgill Melinda $200,000 Pioneer Title Company
Rudin Rene I $180,000 Chicago Title Company
Daly George $84,600 Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comfort Mark W $208,000
Previous Owner Comfort Mark W $0
Previous Owner Mcgill Melinda $160,000
Previous Owner Rudin Rene I $144,000
Source: Public Records

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 $3,514 $312,200 $167,100 $145,100
2023 $3,514 $317,800 $129,000 $188,800
2022 $2,992 $291,400 $111,600 $179,800
2021 $2,646 $240,800 $114,800 $126,000
2020 $2,564 $193,300 $100,500 $92,800
2019 $2,238 $183,200 $98,400 $84,800
2018 $2,114 $154,600 $86,800 $67,800
2017 $1,918 $144,700 $78,900 $65,800
2016 $1,479 $127,100 $64,100 $63,000
2014 -- $109,400 $57,200 $52,200
Source: Public Records

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