Listed by Heaton Dainard, LLC, Bought with COMPASS
NOT LISTED FOR SALE

538 Meadowwood Dr SW Olympia, WA 98502

Estimated Value: $587,398 - $635,000

4 Beds
2.5 Baths
2,573 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $590,000 $229 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,797/month

2 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Thurgood Marshall Middle School Rated A-
  • Walk-In Pantry
  • 4-minute walk to Woodbury Crossing Playground

About This Home

As of February 2024

Wonderful Lennar Magnolia Model in desirable Woodbury Crossing 1! Amazing kitchen w/huge island open to great room - perfect for entertaining. Granite counters, soft close doors/drawers, walk in pantry. Fully fenced backyard with patio. Two car garage conveniently off kitchen, stainless steel appliances, beautiful, easy care, luxury vinyl floor through entire main level. Interesting interior touches, tankless water heater, five piece primary bath, full upstairs laundry room, freshly painted bedrooms, loft-style game/family room on the 2nd level. This beautiful 2016 home, located in a terrific neighborhood is ready for you!

Last Agent to Sell the Property

Rachael Whaley

Heaton Dainard, LLC License #117912 Listed on: 01/20/2024

Heaton Dainard, LLC

Last Buyer's Agent

Gervon Simon

COMPASS License #21036822

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2192205

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,160

Year Built

  • Built in 2016

Lot Details

  • 3,600 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,573 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • High Efficiency Air Conditioning
  • Tankless Water Heater
  • High Tech Cabling

Community Details

  • Built by Lennar
  • Westside Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,160

Year Built

Built in 2016

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2016
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2573
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2192205?w=Consumer&agent=34729
  • Special Features: None
  • Cumulative Days on Market: 442

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher_, Dryer, Disposal, Microwave_, Refrigerator_, StoveRange_, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Bath Off Primary, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 2573
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2573
  • SquareFootageUnfinished: 0
  • 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: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,StoveRange,Washer
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Lennar
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: 90%+ High Efficiency, Forced Air
  • Cooling Y N: Yes
  • Heating: Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 84680024100
  • Land Lease: No
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: County Records

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5160

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Feb 15, 2024
Sold by
Bennett Jan Allison and Bennett David
Bought by
Phillips Joseph
Seller's Agent
Rachael Whaley
Heaton Dainard, LLC
Buyer's Agent
Gervon Simon
COMPASS
List Price
$590,000
Sold Price
$590,000
Views
21
Current Estimated Value
$603,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,850
Avg. Annual Appreciation
1.99%
Original Mortgage
$609,470
Outstanding Balance
$601,717
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$6,262

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jun 11, 2020
Sold by
Hepper James Martin and Hepper Sarah Diane
Bought by
Hostvedt David Paul and Bennett Jan Allison
Seller's Agent
Garrett Lafferty
John L. Scott Lacey
Buyer's Agent
Scott Haase
John L. Scott Lacey
List Price
$419,900
Sold Price
$426,000
Premium/Discount to List
$6,100
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$340,800
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2015
Closed on
Nov 9, 2015
Sold by
Lennar Northwest Inc
Bought by
Hepper James Martin and Hepper Sarah Diane
Seller's Agent
Ryan Strong
Lennar Sales Corp.
Buyer's Agent
Garrett Lafferty
John L. Scott Lacey
List Price
$289,950
Sold Price
$299,950
Premium/Discount to List
$10,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$284,952
Interest Rate
3.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Phillips Joseph $590,000 Wfg National Title Company Of
Hostvedt David Paul $426,000 Wfg National Title Co
Hepper James Martin $299,669 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Joseph $609,470
Previous Owner Hostvedt David Paul $340,800
Previous Owner Hepper James Martin $76,000
Previous Owner Hepper James Martin $284,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $590,000 0.0% $229 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $590,000 +38.5% $229 / Sq Ft
06/15/2020 06/15/20 Sold $426,000 +1.5% $166 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $419,900 0.0% $163 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $419,900 +40.0% $163 / Sq Ft
11/24/2015 11/24/15 Sold $299,950 +3.4% $120 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $289,950 -- $116 / 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 $5,451 $544,600 $96,700 $447,900
2023 $5,451 $521,200 $76,400 $444,800
2022 $5,177 $517,300 $55,400 $461,900
2021 $4,678 $433,300 $49,400 $383,900
2020 $4,724 $362,300 $57,800 $304,500
2019 $4,242 $356,900 $47,200 $309,700
2018 $4,155 $308,500 $45,200 $263,300
2017 $3,147 $251,700 $40,000 $211,700
2016 -- $46,050 $46,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2192205

Northwest Multiple Listing Service (NWMLS)

APN: 84680024100