Listed by City Realty, Inc., Bought with City Realty, Inc.
NOT LISTED FOR SALE

545 Olmstead Ln SW Olympia, WA 98512

Estimated Value: $759,335 - $843,000

2 Beds
1 Bath
1,900 Sq Ft
$417/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $715,000 $376 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,807/month

Highlights

  • Spa
  • Sauna
  • Solar Power System
  • Thurgood Marshall Middle School Rated A-
  • RV Access or Parking
  • Fruit Trees

About This Home

As of July 2022

Enjoy life above the trees! This one of a kind handcrafted northwest contemporary home offers breathtaking views of the lush forest, hills & Mt. Rainier. Situated adjacent to Capitol Forest, this serene 5 acre parcel connects you to nature in a way few properties around the Puget Sound can. Main home is 1900 square feet, featuring rich wood craftsmanship at every turn. Beautiful Black Locust wood floors welcome you to the bright & warm interior. Radiant tile floors in the sun room allow you to soak in nature's beauty in comfort year round. Primary bedroom places you atop the forest, with a wall of windows. Additional 1440 sq ft apartment above shop for woodworking, 2 car garage & large carport. Sauna, hot tub, solar array, & much more!

Last Agent to Sell the Property

Mike Conner

City Realty, Inc. License #24805 Listed on: 05/26/2022

City Realty, Inc.

Last Buyer's Agent

J-Lyn Glenn

City Realty, Inc. License #20108458

City Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1940392

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,360

Year Built

  • Built in 1992

Lot Details

  • 5.01 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • South Facing Home
  • Secluded Lot
  • Terraced Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • French Doors
  • Dining Room
  • Sauna
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Detached Garage
  • Detached Carport Space
  • Driveway
  • RV Access or Parking

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Additional Homes

  • 1,440 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 1 Bathroom

Utilities

  • Mini Split Air Conditioners
  • Generator Hookup
  • Propane
  • Shared Well
  • Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 13814131001

Community Details

Overview

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

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,360

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1992
  • Inclusions: Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • New Construction: No
  • CalculatedSquareFootage: 3340
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 1440
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Hardwood, Wall to Wall Carpet, Wired for Generator, Double Pane/Storm Window, Dining Room, French Doors, Sauna, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 1900
  • Main Level Bedrooms: 1
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1900
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dryer,Refrigerator,Stove/Range,Washer
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Adjacent to Public Land, Dead End Street, Dirt Road, Secluded
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 5
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Driveway, Detached Garage
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Propane, Septic System, Electricity Available, Propane, Solar
  • HeatingCoolingType: Ductless HP-Mini Split,Stove/Free Standing
  • PowerCompany: Puget Sound Energy
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Trail(s)
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 13814131001
  • Topography: Rolling,Sloped,Terraces
  • Land Lease: No
  • Lot Size Acres: 5.01
  • Lot Size Sq Ft: 218236
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Hot Tub/Spa,Outbuildings,Propane,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Seller
  • ZoningJurisdiction: County

Green Features

  • Green Power: Solar
  • Power Production Type: Electric, Propane, Solar (Unspecified)

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5360

Multi Family

  • EnergySource: Electric,Propane,Solar (Unspecified)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 26, 2022
Sold by
Moore Michael H and Moore Julie
Bought by
Shepherd Nicholas and Steger Sarah
Seller's Agent
Mike Conner
City Realty, Inc.
Buyer's Agent
J-Lyn Glenn
City Realty, Inc.
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%
Current Estimated Value
$792,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,334
Avg. Annual Appreciation
3.26%
Original Mortgage
$684,853
Outstanding Balance
$655,730
Interest Rate
5.7%
Mortgage Type
VA
Estimated Equity
$136,604

Purchase Details

Closed on
Aug 16, 2021
Sold by
Wiggans Laura K
Bought by
Moore Michael H

Purchase Details

Closed on
Nov 16, 1998
Sold by
Moore Michael H
Bought by
Moore Michael H and Wiggans Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.42%
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
Shepherd Nicholas $715,000 Chicago Title
Moore Michael H -- None Available
Moore Michael H -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Nicholas $684,853
Previous Owner Moore Michael H $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $715,000 0.0% $376 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $715,000 -1.9% $376 / Sq Ft
06/11/2022 06/11/22 For Sale $729,000 0.0% $384 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $729,000 -- $384 / 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 $7,084 $665,100 $255,700 $409,400
2023 $7,084 $629,300 $212,100 $417,200
2022 $5,360 $478,100 $147,300 $330,800
2021 $5,646 $420,800 $138,600 $282,200
2020 $5,108 $404,000 $123,300 $280,700
2019 $4,922 $356,300 $107,800 $248,500
2018 $4,821 $344,100 $102,300 $241,800
2017 $4,483 $330,150 $83,250 $246,900
2016 $4,136 $286,300 $82,900 $203,400
2014 -- $299,350 $81,750 $217,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Conner

    Seller's Agent in 2022

    Mike Conner

    City Realty, Inc.

    (360) 970-4408

    49 Total Sales

    Mike Conner
    Section Image
  • J-Lyn Glenn

    Buyer's Agent in 2022

    J-Lyn Glenn

    City Realty, Inc.

    (360) 451-5337

    74 Total Sales

    J-Lyn Glenn
    Section Image
  • Amanda Ficek

    Buyer Co-Listing Agent in 2022

    Amanda Ficek

    Van Dorm Realty, Inc

    (360) 819-0444

    79 Total Sales

    Amanda Ficek
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1940392

Northwest Multiple Listing Service (NWMLS)

APN: 13814131001

Washington Thurston County Olympia 98512

545 Olmstead Ln SW, Olympia, WA

This home is located at 545 Olmstead Ln SW, Olympia, WA 98512 since 26 May 2022 and is currently estimated at $792,334, approximately $417 per square foot. This property was built in 1992. 545 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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