Listed by Van Dorm Realty, Inc, Bought with Blue Summit Realty LLC
NOT LISTED FOR SALE

509 Bungalow Dr NW Olympia, WA 98502

Estimated Value: $373,000 - $415,000

2 Beds
2.5 Baths
1,349 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $280,000 $208 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,428/month

4 Days on Market

Highlights

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

About This Home

As of May 2020

Great location & neighborhood - affordable home in Grass Lake Village. Main floor MBR suite w/full bath & walk-in closet. Nice & bright w/high ceilings & plenty of windows. Great large kitchen open to DR & LR w/gas fireplace. Upstairs is a large guest bedrooms w/walk-in closet & full bath. Private fenced backyard, low maintenance landscaping. Close to services, stores, restaurants, hospital & easy access to Hwy 101. HOA includes yard maintenance. $5,000 flooring allowance.

Last Agent to Sell the Property

Kent Stottlemyre

Van Dorm Realty, Inc License #34744 Listed on: 03/20/2020

Van Dorm Realty, Inc

Last Buyer's Agent

Tony Santa Cruz

Blue Summit Realty LLC License #3726

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1581586

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 2005

Lot Details

  • 2,964 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,349 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Mclane Elementary School
  • Thurgoodmarshallmi Middle School
  • Capital High School

Utilities

  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 51450009500

Community Details

Overview

  • Olympia Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,518

Year Built

Built in 2005

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 32 - Townhouse
  • Year Built: 2005
  • Inclusions: Dishwasher,Dryer,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Grass Lake Village
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1349
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Water Heater
  • Living Area: 1349
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1349
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Townhouse

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, Sewer Connected, Electricity Available, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Club House
  • Association Fee: 70
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 51450009500
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.068
  • Lot Size Sq Ft: 2964
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio,Sprinkler System
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2518

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Apr 27, 2020
Sold by
Yates William G and The William G Yates Living Tru
Bought by
Crump Mindy L
Seller's Agent
Kent Stottlemyre
Van Dorm Realty, Inc
Buyer's Agent
Tony Santa Cruz
Blue Summit Realty LLC
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$394,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,877
Avg. Annual Appreciation
6.47%
Original Mortgage
$286,440
Outstanding Balance
$255,237
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$139,640

Purchase Details

Listed on
Apr 10, 2015
Closed on
Jun 5, 2015
Sold by
Huang Cheng and Chai Yan Hong
Bought by
Yates William G and The William G Yates Living Trust
Seller's Agent
Ann Alvord
Coldwell Banker Evergreen
Buyer's Agent
Kent Stottlemyre
Van Dorm Realty, Inc
List Price
$205,000
Sold Price
$199,000
Premium/Discount to List
-$6,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$159,200
Interest Rate
3.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2010
Sold by
Ewen Peter B and Ewen Kate M
Bought by
Huang Cheng and Chai Yanhong

Purchase Details

Closed on
May 10, 2006
Sold by
Capstone Homes Inc
Bought by
Ewen Peter B and Ewen Kate M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Crump Mindy L $280,000 Stewart Title Co
Yates William G $198,719 Thurston County Title
Huang Cheng $191,000 Chicago Title Company
Ewen Peter B $222,280 Transnation Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crump Mindy L $286,440
Previous Owner Yates William G $159,200
Previous Owner Ewen Peter B $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2020 05/05/20 Sold $280,000 +1.8% $208 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $275,000 +38.2% $204 / Sq Ft
06/08/2015 06/08/15 Sold $199,000 0.0% $148 / Sq Ft View Prior Sale
05/20/2015 05/20/15 Off Market $199,000 -- --
04/22/2015 04/22/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $205,000 -- $152 / 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 $3,368 $339,800 $101,700 $238,100
2023 $3,368 $321,700 $78,300 $243,400
2022 $3,127 $307,200 $59,800 $247,400
2021 $2,826 $261,400 $51,400 $210,000
2020 $2,873 $218,600 $63,000 $155,600
2019 $2,518 $216,800 $64,000 $152,800
2018 $2,517 $186,700 $55,200 $131,500
2017 $2,272 $181,500 $47,700 $133,800
2016 -- $175,550 $56,050 $119,500
2014 -- $166,850 $56,050 $110,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1581586

Northwest Multiple Listing Service (NWMLS)

APN: 51450009500