Listed by John L. Scott, Inc, Bought with eXp Realty
$435,000
SOLD AUG 27, 2025

5218 Pattison Lake Ln SE Olympia, WA 98513

The Lakes Neighborhood
2 Beds
1 Bath
1,077 Sq Ft
0.42 Acres

Recently Sold

$404 Per Sq Ft

9% Above List Price

Highlights

  • 50 Feet of Waterfront
  • Docks
  • Lake View
  • Timberline High School Rated A-
  • Community Boat Launch
  • No HOA

About This Home

As of August 2025

Fantastic opportunity to own a very private lakefront property and build quick equity. Very private location down long driveway creates your own hideaway. Two large bedrooms both have large built-ins and a reading perch in one. Living room large front windows let in lots of natural light and is anchored by the fireplace with insert and stone hearth.

Last Agent to Sell the Property

George Graham

John L. Scott, Inc License #26889 Listed on: 06/13/2025

John L. Scott, Inc

Last Buyer's Agent

Micah Tilley

eXp Realty License #20117493

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2393005

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,703

Year Built

  • Built in 1942

Lot Details

  • 0.42 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Lake Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Docks

Utilities

  • Baseboard Heating
  • Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Pattison Lake Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,703

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1942
  • Inclusions: Leased Equipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1077
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2393005?w=Consumer&agent=60220
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Fireplace, Water Heater
  • Living Area: 1077
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1077
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Dirt Road
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House
  • WaterfrontFootage: 50

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Boat Launch
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 57100000404
  • Topography: Level,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.4207
  • Lot Size Sq Ft: 18325
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Dock,Fenced-Partially
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5703

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Aug 25, 2025
Sold by
Wojcik Ray P
Bought by
Capitol Investment Group Llp
Seller's Agent
George Graham
John L. Scott, Inc
Buyer's Agent
Micah Tilley
eXp Realty
List Price
$400,000
Sold Price
$435,000
Premium/Discount to List
$35,000
8.75%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
619.58%
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
-$10,318

Purchase Details

Closed on
Jul 9, 1997
Sold by
Swift John V and Swift Vivian E
Bought by
Wojcik Ray P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
7.83%
Mortgage Type
VA
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 Type Sale Price Title Company
Warranty Deed $435,000 Stewart Title
Warranty Deed $119,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Construction
Previous Owner $183,750 New Conventional
Previous Owner $122,250 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $435,000 -12.1% $404 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
06/15/2025 06/15/25 Price Changed $495,000 +23.8% $460 / Sq Ft
06/13/2025 06/13/25 For Sale $400,000 -- $371 / 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 $4,903 $491,200 $364,600 $126,600
2023 $4,903 $449,000 $326,800 $122,200
2022 $4,354 $404,200 $248,600 $155,600
2021 $4,175 $364,900 $259,100 $105,800
2020 $3,810 $326,200 $242,200 $84,000
2019 $3,375 $305,900 $210,000 $95,900
2018 $3,790 $272,100 $172,400 $99,700
2017 $3,281 $244,650 $166,550 $78,100
2016 $3,279 $238,950 $161,550 $77,400
2014 -- $240,500 $155,200 $85,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2393005

Northwest Multiple Listing Service (NWMLS)

APN: 57100000404