Listed by MVP Realty Group, Bought with My Home Group
NOT LISTED FOR SALE

5502 55th Loop SE Olympia, WA 98513

The Lakes Neighborhood

Estimated Value: $539,000 - $554,000

-- Bed
3 Baths
2,129 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $470,000 $221 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,345/month

About This Home

As of April 2021

This home is located at 5502 55th Loop SE, Olympia, WA 98513 since 16 April 2021 and is currently estimated at $546,263, approximately $256 per square foot. This property was built in 2008. 5502 55th Loop SE is a home located in Thurston County with nearby schools including Woodland Elementary School, Komachin Middle School, and Timberline High School.

Last Agent to Sell the Property

Matthew Plummer

MVP Realty Group License #23345 Listed on: 04/16/2021

MVP Realty Group

Last Buyer's Agent

Tessa Justice

My Home Group License #108247

My Home Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1759209

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 2008

Lot Details

  • 4,792

Parking

  • Attached Carport

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Cement Board or Planked

Community Details

  • Pattison Lake Community

Listing and Financial Details

  • Assessor Parcel Number 42980005700

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,428

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 2129

Exterior Features

  • Exterior: Brick, Cement Planked
  • Roof: Composition

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Pattison Lake

Lot Info

  • Lot Sq Ft: 5000
  • Parcel Number: 42980005700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Apr 8, 2021
Sold by
Pilgreen Jason and Pilgreen Rebecca
Bought by
Mccready Michael and Perva Jessica
Seller's Agent
Matthew Plummer
MVP Realty Group
Buyer's Agent
Tessa Justice
My Home Group
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$546,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,263
Avg. Annual Appreciation
3.46%
Original Mortgage
$446,500
Outstanding Balance
$407,476
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$137,510

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 22, 2018
Sold by
Smelser David L and Smelser Kami D
Bought by
Pilgreen Jason and Pilgreen Rebecca
Seller's Agent
Ann McLaren
RE/MAX Advantage
Buyer's Agent
Matthew Plummer
MVP Realty Group
List Price
$305,000
Sold Price
$308,000
Premium/Discount to List
$3,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$314,622
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Mar 4, 2009
Sold by
Herritage Bank
Bought by
Smelser David L and Smelser Kami D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,598
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2008
Sold by
Sound Built Homes Inc
Bought by
Heritage Bank
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Mccready Michael $470,000 Chicago Title Company Of Wa
Pilgreen Jason $307,719 First American Title Ins Co
Smelser David L $243,000 First American Title
Heritage Bank -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccready Michael $446,500
Previous Owner Pilgreen Jason $318,000
Previous Owner Pilgreen Jason $314,622
Previous Owner Smelser David L $225,772
Previous Owner Smelser David L $238,598
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $470,000 0.0% $221 / Sq Ft
04/16/2021 04/16/21 For Sale $470,000 +52.6% $221 / Sq Ft
03/26/2018 03/26/18 Sold $308,000 +1.0% $144 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $305,000 -- $143 / 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 $4,428 $481,100 $128,200 $352,900
2023 $4,428 $452,700 $106,900 $345,800
2022 $4,360 $459,000 $62,400 $396,600
2021 $3,864 $365,500 $66,500 $299,000
2020 $3,742 $301,200 $63,400 $237,800
2019 $3,286 $300,300 $51,800 $248,500
2018 $3,613 $259,000 $57,900 $201,100
2017 $3,308 $246,700 $35,800 $210,900
2016 $3,110 $238,400 $36,500 $201,900
2014 -- $227,700 $36,500 $191,200
Source: Public Records

Agents Affiliated with this Home

  • Matthew Plummer

    Seller's Agent in 2021

    Matthew Plummer

    MVP Realty Group

    (360) 339-8548

    14 in this area

    179 Total Sales

    Matthew Plummer
    Section Image

  • T

    Buyer's Agent in 2021

    Tessa Justice

    Sally Bowman Real Estate

    Section Image

  • A

    Seller's Agent in 2018

    Ann McLaren

    RE/MAX

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1759209

Northwest Multiple Listing Service (NWMLS)

APN: 42980005700

Washington Thurston County Olympia 98513 The Lakes

5502 55th Loop SE, Olympia, WA

This home is located at 5502 55th Loop SE, Olympia, WA 98513 since 16 April 2021 and is currently estimated at $546,263, approximately $256 per square foot. This property was built in 2008. 5502 55th Loop SE is a home located in Thurston County with nearby schools including Woodland Elementary School, Komachin Middle School, and Timberline 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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