NOT LISTED FOR SALE

541 Hidden Forest Dr SE Olympia, WA 98513

Meadows Neighborhood

Estimated Value: $492,000 - $566,000

3 Beds
2 Baths
2,198 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $397,500 $181 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,269/month

2 Days on Market

Highlights

  • Deck
  • Attached Garage
  • High Speed Internet
  • 1 Fireplace
  • Garden
  • Property is Fully Fenced

About This Home

As of November 2020

Spacious on the inside and out! Three bedrooms with a separate office, living room, family room and bonus area provides tons of living space. Amenities include a large master suite with walk in closet and updated bathroom, huge laundry room, multiple ceiling fans, tons of closet space and a free standing wood stove, storage shed and large back deck. This property has something that is difficult to find: a huge, level, fully fenced back yard. Excellent location to schools, shopping and JBLM.

Last Agent to Sell the Property

Bill Van Dormolen

Abbey Realty Inc License #23467 Listed on: 10/06/2020

Co-Listed By

Paul Tretter

Blue Summit Realty LLC License #81773

Last Buyer's Agent

Jamie Mc Donnell

Real Broker LLC License #137647

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1674190

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 1986

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Hawks Prairie Community

Listing and Financial Details

  • Assessor Parcel Number 5417000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,913

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2198
  • Square Footage Finished: 2198

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Company: City of Lacey
  • Water Heater: bathroom-electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Hawks Prairie
  • Project: Hidden Forest

Schools

  • Elementary School: Lydia Hawk Elem
  • Middle School: Nisqually Mid
  • High School: River Ridge High
  • School District: NTN

Lot Info

  • Lot Number: 8
  • Lot Details: Paved Street
  • Lot Sq Ft: 10294
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5417000800
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 13, 2020
Sold by
Bolender Elizabeth Louise
Bought by
Wolbersen Dennis J
Seller's Agent
Bill Van Dormolen
Abbey Realty Inc
Buyer's Agent
Jamie Mc Donnell
Real Broker LLC
List Price
$375,000
Sold Price
$397,500
Premium/Discount to List
$22,500
6%
Current Estimated Value
$537,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,125
Avg. Annual Appreciation
5.52%
Original Mortgage
$406,642
Outstanding Balance
$365,958
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$146,547

Purchase Details

Closed on
Jul 12, 2005
Sold by
Riggs Natalie Dawn and Riggs Natalie D
Bought by
Bolender Elizabeth Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.53%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 12, 2004
Sold by
Riggs Dennis K
Bought by
Riggs Natalie D

Purchase Details

Closed on
May 23, 2000
Sold by
Carlton Duane C and Carlton Cynthia L
Bought by
Riggs Dennis Keith and Riggs Natalie Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,950
Interest Rate
8.08%
Mortgage Type
VA

Purchase Details

Closed on
Jan 9, 1998
Sold by
Va
Bought by
Carlton Duane C and Carlton Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,720
Interest Rate
7.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 9, 1997
Sold by
Turner Harold L and Turner Susan M
Bought by
Countrywide Home Lending Inc and Countrywide Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
8.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 7, 1997
Sold by
Countrywide Home Lending Inc
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
8.15%
Mortgage Type
Seller Take Back
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
Wolbersen Dennis J $397,500 Stewart Itlte Co
Bolender Elizabeth Louise $242,000 Stewart Title Of Western
Riggs Natalie D -- --
Riggs Dennis Keith $144,943 Chicago Title Insurance Co
Carlton Duane C -- Transnation Title Insurance
Countrywide Home Lending Inc $103,752 Thurston County Title Co
Va -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolbersen Dennis J $406,642
Previous Owner Bolender Elizabeth Louise $147,000
Previous Owner Riggs Dennis Keith $144,950
Previous Owner Carlton Duane C $123,720
Previous Owner Countrywide Home Lending Inc $130,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $397,500 +6.0% $181 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $375,000 -- $171 / 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 $3,913 $467,200 $143,900 $323,300
2023 $3,913 $401,100 $131,500 $269,600
2022 $3,945 $406,000 $88,700 $317,300
2021 $3,547 $332,900 $96,700 $236,200
2020 $3,209 $270,200 $92,700 $177,500
2019 $3,070 $250,600 $76,700 $173,900
2018 $3,441 $241,500 $58,000 $183,500
2017 $3,027 $220,200 $54,100 $166,100
2016 $2,914 $206,800 $52,900 $153,900
2014 -- $208,200 $52,900 $155,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1674190

Northwest Multiple Listing Service (NWMLS)

APN: 54170000800