NOT LISTED FOR SALE

541 Cherrywood Dr SW Olympia, WA 98502

Estimated Value: $624,000 - $735,000

5 Beds
3 Baths
3,273 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $565,000 $173 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,187/month

6 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Patio
  • Thurgood Marshall Middle School Rated A-
  • Attached Garage
  • High Speed Internet

About This Home

As of May 2021

Spring into one of the largest floorplans on the block where luxury, options and details reign! This beautiful home offers a welcoming layout with plenty of space creating options galore. Enjoy fine details such as dramatic arches, pillar accents, French doors, art alcoves, tray ceilings and more. Entertain in the open concept kitchen with a HUGE granite island atop dark cabinets and stainless steel appliances. Host the holidays in your formal dining room. Retire to your enormous owner’s suite with his/her walk-in closet and a spa like 5 pc bath including a soaking tub. Plenty of room in your 3 car garage (tandem). Super close to all amenities, schools, Hwy 101/I5. Don’t miss this immaculate home.

Last Agent to Sell the Property

Katrina Schmitt

COMPASS License #25381 Listed on: 03/11/2021

COMPASS

Last Buyer's Agent

Tyson Marcum

Redfin License #126154

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1740053

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,389

Year Built

  • Built in 2012

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Stone

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Patio

Community Details

  • Olympia Community

Listing and Financial Details

  • Assessor Parcel Number 84710002400

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,389

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 5.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3273
  • Square Footage Finished: 3273

Exterior Features

  • Exterior: Cement Planked, Stone
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Water Heater: Garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 43
  • Community Name: Olympia
  • Project: Woodbury Estates

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: OLY

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 5400
  • Lot Topography Vegetation: Level
  • Parcel Number: 84710002400
  • Lot Topography: Level

Tax Info

  • Tax Amount: 5436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 29, 2021
Sold by
Yeates Jon and Yeates Sally
Bought by
Nguyen Vinh and Nguyen Lidia
Seller's Agent
Katrina Schmitt
COMPASS
Buyer's Agent
Tyson Marcum
Redfin
List Price
$558,800
Sold Price
$565,000
Premium/Discount to List
$6,200
1.11%
Current Estimated Value
$670,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,763
Avg. Annual Appreciation
4.28%
Original Mortgage
$508,500
Outstanding Balance
$465,695
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$210,593

Purchase Details

Listed on
May 19, 2012
Closed on
Aug 29, 2013
Sold by
Richmond American Homes Of Washington In
Bought by
Yeates Jon and Yeates Sally
Seller's Agent
Eldy Gjikondi
D.R. Horton
Buyer's Agent
Beth Albert
COMPASS
List Price
$309,990
Sold Price
$314,886
Premium/Discount to List
$4,896
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$321,656
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
Apr 20, 2012
Sold by
Forest City Covington Washington I Llc
Bought by
Richmond American Homes Of Washington In
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nguyen Vinh $565,000 Chicago Title
Yeates Jon $314,885 Chicago Title Company
Richmond American Homes Of Washington In $150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Vinh $508,500
Previous Owner Yeates Jon $398,020
Previous Owner Yeates Jon $388,149
Previous Owner Yeates Jon $331,812
Previous Owner Yeates Jon $321,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $565,000 +1.1% $173 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $558,800 +77.5% $171 / Sq Ft
08/30/2013 08/30/13 Sold $314,886 +1.6% $105 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
05/19/2012 05/19/12 For Sale $309,990 -- $104 / 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 $6,389 $666,500 $138,200 $528,300
2023 $6,389 $611,000 $109,900 $501,100
2022 $6,142 $611,900 $79,800 $532,100
2021 $5,503 $514,200 $71,200 $443,000
2020 $5,436 $426,300 $70,100 $356,200
2019 $4,874 $410,800 $51,700 $359,100
2018 $4,745 $352,300 $45,800 $306,500
2017 $4,244 $339,750 $40,550 $299,200
2016 $3,682 $311,550 $48,450 $263,100
2014 -- $294,450 $48,450 $246,000
Source: Public Records

Agents Affiliated with this Home

  • Katrina Schmitt

    Seller's Agent in 2021

    Katrina Schmitt

    COMPASS

    (773) 425-0065

    64 Total Sales

    Section Image

  • T

    Buyer's Agent in 2021

    Tyson Marcum

    Redfin

    Section Image

  • E

    Seller's Agent in 2013

    Eldy Gjikondi

    D.R. Horton

    (253) 528-8860

    415 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Rebecca Frace

    Richmond Realty of Washington

  • B

    Buyer's Agent in 2013

    Beth Albert

    COMPASS

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1740053

Northwest Multiple Listing Service (NWMLS)

APN: 84710002400

Washington Thurston County Olympia 98502

541 Cherrywood Dr SW, Olympia, WA

This home is located at 541 Cherrywood Dr SW, Olympia, WA 98502 since 11 March 2021 and is currently estimated at $661,982, approximately $202 per square foot. This property was built in 2012. 541 Cherrywood Dr 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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