Listed by Van Dorm Realty, Inc, Bought with Keller Williams Realty
NOT LISTED FOR SALE

5220 Beach Way NE Olympia, WA 98516

Estimated Value: $358,000 - $436,000

2 Beds
1 Bath
1,650 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $225,000 $136 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,318/month

Highlights

  • Waterfront Community
  • RV Access or Parking
  • Traditional Architecture
  • Greenhouse
  • Territorial View
  • Detached Garage

About This Home

As of September 2019

This home is located at 5220 Beach Way NE, Olympia, WA 98516 since 06 September 2019 and is currently estimated at $398,657, approximately $241 per square foot. This property was built in 1955. 5220 Beach Way NE is a home located in Thurston County with nearby schools including Olympic View Elementary School, Chinook Middle School, and North Thurston High School.

Last Agent to Sell the Property

Karen Schrank

Van Dorm Realty, Inc License #97982 Listed on: 09/06/2019

Van Dorm Realty, Inc

Last Buyer's Agent

Debbie Parsons

Keller Williams Realty License #23011091

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1516755

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1955

Lot Details

  • Open Space
  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is zoned LD 0-4

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Greenhouse
  • Outbuilding

Utilities

  • Septic System
  • Cable TV Available

Additional Features

  • Territorial Views
  • Oven or Range
  • 1 Bathroom
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 33701901000

Community Details

Overview

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

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,768

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Basement: Fully Finished
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Estimated Sq Ft: 1650
  • Square Footage Finished: 1650

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Wall
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Water Company: City of Lacey
  • Water Heater: Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 26
  • Community Name: Beachcrest
  • Project: Beachcrest First Addition
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

  • School District: NTN

Lot Info

  • Lot Number: 10&11
  • Lot Details: Open Space, Paved Street
  • Lot Sq Ft: 10106
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 33701901000
  • Zoning Code: LD 0-4
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 1783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Aug 28, 2019
Sold by
Souri Bina and Presley Smith Lori
Bought by
Crossman Peter Jefferey
Seller's Agent
Karen Schrank
Van Dorm Realty, Inc
Buyer's Agent
Debbie Parsons
Keller Williams Realty
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$398,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,657
Avg. Annual Appreciation
9.75%
Original Mortgage
$202,500
Outstanding Balance
$177,737
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$220,920

Purchase Details

Closed on
Apr 18, 2014
Sold by
Ludders Ryan
Bought by
Intrepid Group Llc

Purchase Details

Closed on
Jul 15, 2011
Sold by
Intrepid Group Llc
Bought by
Ludders Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 2010
Sold by
Bonney Lake Investments Llc
Bought by
Intrepid Group Llc

Purchase Details

Closed on
Jan 17, 2010
Sold by
Presley Dana and Smith Lori Presley
Bought by
Presley Smith Lori

Purchase Details

Closed on
Aug 28, 2006
Sold by
Price Tonya D
Bought by
Intrepid Group Llc

Purchase Details

Closed on
May 31, 2005
Sold by
Price Curtis
Bought by
Price Tonia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Crossman Peter Jefferey $225,000 Chicago Title
Intrepid Group Llc -- None Available
Ludders Ryan $200,000 None Available
Intrepid Group Llc $28,000 Thurston County Title Co
Presley Smith Lori -- None Available
Intrepid Group Llc $148,900 Chicago Title Company
Price Tonia D -- Transnation Title
Price Tonya D $175,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crossman Peter Jefferey $202,500
Previous Owner Ludders Ryan $185,000
Previous Owner Price Tonya D $140,000
Closed Price Tonya D $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $225,000 0.0% $136 / Sq Ft
09/06/2019 09/06/19 For Sale $225,000 -- $136 / 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 $2,768 $304,600 $174,400 $130,200
2023 $2,768 $270,700 $132,100 $138,600
2022 $2,512 $248,300 $100,300 $148,000
2021 $2,392 $200,400 $81,500 $118,900
2020 $2,027 $177,500 $87,800 $89,700
2019 $1,783 $152,800 $55,300 $97,500
2018 $1,983 $133,900 $49,500 $84,400
2017 $1,810 $126,500 $50,300 $76,200
2016 $1,853 $130,400 $46,600 $83,800
2014 -- $128,100 $46,600 $81,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1516755

Northwest Multiple Listing Service (NWMLS)

APN: 33701901000