Listed by Windermere Real Estate Olympia, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

533 Olmstead Ln SW Olympia, WA 98512

Estimated Value: $903,000 - $949,000

2 Beds
2 Baths
3,252 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $827,000 $254 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,504/month

4 Days on Market

Highlights

  • Views of a Sound
  • Sauna
  • Deck
  • Thurgood Marshall Middle School Rated A-
  • Solar Power System
  • Secluded Lot

About This Home

As of March 2023

Custom built, one of a kind, nature lover's dream home offering breathtaking views of Mt Rainier, South Puget Sound, and the Olympics. This rare property is at 500 ft elevation and backs up to Capitol Forest offering abundant wildlife. So close to town yet completely away from it all. Lovingly remodeled and updated throughout the years - solar, heat pump, new insulation, generator. Versatile floor plan offers 2 bedrooms, 2 full bathrooms, an office, multiple "flex" spaces; a total of 3252 sq ft. Detached 2 car garage w/ shop and plug in for electrical vehicles. Designated garden space, beautiful landscaping and "tree house" sauna round off this once in a lifetime property. Can be seen by appointment only; please no drive-bys.

Last Agent to Sell the Property

Stephanie Parsons

Windermere Real Estate Olympia License #106293 Listed on: 01/27/2023

Windermere Real Estate Olympia

Last Buyer's Agent

Anita Carlson

Van Dorm Realty, Inc License #25278

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2030691

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,863

Year Built

  • Built in 1980

Lot Details

  • 6.7 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • Dog Run
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,252 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Sauna
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • Heat Pump System
  • Generator Hookup
  • Shared Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Mudd Bay Subdivision
  • Electric Vehicle Charging Station
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 13814131500

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,863

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1980
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3252
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Heat Pump, Ceramic Tile, Hardwood, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Sauna, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator
  • Living Area: 3252
  • Main Level Bedrooms: 1
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3252
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Adjacent to Public Land, Dead End Street, Dirt Road, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: House

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: Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: N/A
  • WaterCompany: N/A
  • InternetConnected: Century Link

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 13814131500
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 6.7
  • Lot Size Sq Ft: 291852
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dog Run,Electric Car Charging,High Speed Internet,Outbuildings,Shop
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: owner/public records

Green Features

  • Green Power: Solar
  • Power Production Type: Electric, Solar Hot Water, Solar PV

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6863

Multi Family

  • EnergySource: Electric,Solar Hot Water,Solar PV

MLS Schools

  • Elementary School: Mclane Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 23, 2023
Sold by
Cole Robert S and Cole Jean T
Bought by
Kolowsky Donna L
Seller's Agent
Stephanie Parsons
Windermere Real Estate Olympia
Buyer's Agent
Anita Carlson
Van Dorm Realty, Inc
List Price
$779,850
Sold Price
$827,000
Premium/Discount to List
$47,150
6.05%
Views
61
Current Estimated Value
$918,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,158
Avg. Annual Appreciation
4.14%
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
Kolowsky Donna L $827,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $827,000 +6.0% $254 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $779,850 -- $240 / 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 $7,409 $799,700 $246,900 $552,800
2023 $7,409 $665,500 $209,800 $455,700
2022 $6,863 $678,500 $178,000 $500,500
2021 $6,891 $548,900 $157,300 $391,600
2020 $6,466 $501,300 $167,900 $333,400
2019 $6,479 $459,700 $161,400 $298,300
2018 $6,411 $467,100 $147,600 $319,500
2017 $5,488 $412,400 $121,500 $290,900
2016 $5,348 $359,500 $121,600 $237,900
2014 -- $395,700 $126,600 $269,100
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Parsons

    Seller's Agent in 2023

    Stephanie Parsons

    Windermere Corporate

    (800) 848-7022

    79 Total Sales

    Stephanie Parsons
    Section Image
  • Anita Carlson

    Buyer's Agent in 2023

    Anita Carlson

    Van Dorm Realty, Inc

    (760) 285-3027

    115 Total Sales

    Anita Carlson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2030691

Northwest Multiple Listing Service (NWMLS)

APN: 13814131500

Washington Thurston County Olympia 98512

533 Olmstead Ln SW, Olympia, WA

This home is located at 533 Olmstead Ln SW, Olympia, WA 98512 since 27 January 2023 and is currently estimated at $918,158, approximately $282 per square foot. This property was built in 1980. 533 Olmstead Ln SW is a home located in Thurston County with nearby schools including McLane Elementary School, Thurgood Marshall Middle School, and Capital High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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