Listed by Keller Williams South Sound, Bought with Real Broker LLC
NOT LISTED FOR SALE

531 Meadowwood Dr SW Olympia, WA 98502

Estimated Value: $533,537 - $550,000

3 Beds
2.5 Baths
1,968 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $540,000 $274 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,337/month

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Engineered Wood Flooring
  • Thurgood Marshall Middle School Rated A-
  • Territorial View
  • 4-minute walk to Woodbury Crossing Playground

About This Home

As of May 2022

Desirable Woodbury Crossing, large corner lot. Nearby attractions include: miles of Ralph Munro Forest & Biking trails, Grass Lake Park, view of Capital Forest, seconds to Hwy 101 and minutes to downtown Olympia. Home appearance enhanced by common alley w/garage access and extra street parking. Pet friendly Pergo Timbercraft flooring, seashell quartz kitchen counters, new stainless steel appliances. Kitchen w/dining area, open to LR. Note the unique pet friendly window sills. Mstr includes jetted tub, twin vanities, oversized walk-in closet. French doors to Mstr and the Den. Large landing area upstairs for office, gaming, media, etc. Secluded custom designed back yard, w/"yoga" pads pet area, covered porch. Use your imagination here.

Last Agent to Sell the Property

Jerry Obendorf

Keller Williams South Sound License #30522 Listed on: 04/13/2022

Keller Williams South Sound

Co-Listed By

Lacey Casciato

Olympic Sotheby's Int'l Realty License #139140

Last Buyer's Agent

Cristina Medina

Real Broker LLC License #121618

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1915511

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 2011

Lot Details

  • 4,035 Sq Ft Lot
  • Lot Dimensions are 46x90
  • South Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Garden
  • Property is in good condition

HOA Fees

  • $54 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 84680003000

Community Details

Overview

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

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,378

Year Built

Built in 2011

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2011
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Woodbury Crossing
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1968
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Engineered Hardwood, Laminate, Carpet
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Laminate, Wall to Wall Carpet, Ceiling Fan(s), Double Pane/Storm Window, French Doors, Jetted Tub, Walk-In Closet(s)
  • Living Area: 1968
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1968
  • 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: 3
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City Of Olympia
  • WaterHeaterLocation: Garage
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: CCRs, Playground
  • Senior Community: No
  • Association Fee: 54
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 84680003000
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.0926
  • Lot Size: 46x90
  • Lot Size Sq Ft: 4035
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: TCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4378.02

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 16, 2022
Sold by
Stone Paul F and Stone Rhonda S
Bought by
Villanueva Jorge Rodriguez and Rodriguez Amy
Seller's Agent
Jerry Obendorf
Keller Williams South Sound
Buyer's Agent
Cristina Medina
Real Broker LLC
List Price
$529,900
Sold Price
$540,000
Premium/Discount to List
$10,100
1.91%
Current Estimated Value
$544,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,634
Avg. Annual Appreciation
0.25%
Original Mortgage
$523,800
Outstanding Balance
$495,156
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$49,478

Purchase Details

Listed on
Sep 6, 2013
Closed on
May 2, 2014
Sold by
Johnson Kyle and Johnson Lacey
Bought by
Stone Paul F and Stone Rhonda S
Seller's Agent
Diane Pust
Van Dorm Realty, Inc
Buyer's Agent
Cyndi Nelson
RE/MAX Northwest Realtors
List Price
$250,000
Sold Price
$237,000
Premium/Discount to List
-$13,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$235,000
Interest Rate
4.28%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2012
Sold by
Forest City Covington Washington 1 Llc
Bought by
Mfv Fc Portfolio Llc

Purchase Details

Closed on
Jun 9, 2011
Sold by
Richmond American Homes Of Washington In
Bought by
Johnson Kyle and Johnson Lacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,952
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Apr 28, 2011
Sold by
Sdc Homes Llc
Bought by
Richmond American Homes Of Washington In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,952
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 2011
Sold by
Forest City Covington Washington I Llc
Bought by
Sdc 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
$26,250
Interest Rate
4.75%
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
Villanueva Jorge Rodriguez $540,000 Chicago Title
Stone Paul F $237,000 Thurston County Title
Mfv Fc Portfolio Llc $782,771 Chicago Title Company
Johnson Kyle $232,952 Chicago Title Company
Richmond American Homes Of Washington In $1,239,901 First American Title
Sdc Homes Llc $120,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Jorge Rodriguez $523,800
Previous Owner Stone Paul F $235,000
Previous Owner Johnson Kyle $232,952
Previous Owner Sdc Homes Llc $26,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $540,000 +1.9% $274 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $529,900 +123.6% $269 / Sq Ft
05/06/2014 05/06/14 Sold $237,000 -1.2% $120 / Sq Ft View Prior Sale
04/05/2014 04/05/14 Pending -- -- --
03/07/2014 03/07/14 Price Changed $239,900 -1.9% $122 / Sq Ft
02/24/2014 02/24/14 Price Changed $244,500 -1.8% $124 / Sq Ft
12/26/2013 12/26/13 Price Changed $249,000 -0.4% $127 / Sq Ft
09/06/2013 09/06/13 For Sale $250,000 -- $127 / 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 $4,740 $470,800 $108,400 $362,400
2023 $4,740 $453,100 $85,700 $367,400
2022 $4,378 $436,500 $62,100 $374,400
2021 $3,975 $366,300 $55,400 $310,900
2020 $4,017 $307,700 $61,500 $246,200
2019 $3,610 $303,400 $48,900 $254,500
2018 $3,547 $263,300 $46,600 $216,700
2017 $3,139 $251,050 $41,250 $209,800
2016 $2,776 $233,900 $47,400 $186,500
2014 -- $221,800 $47,400 $174,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1915511

Northwest Multiple Listing Service (NWMLS)

APN: 84680003000