NOT LISTED FOR SALE

5503 Sunrise Beach Rd NW Olympia, WA 98502

Estimated Value: $882,000 - $1,003,971

2 Beds
1 Bath
766 Sq Ft
$1,210/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $875,000 $1,142 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,471/month

11 Days on Market

Highlights

  • Boathouse
  • RV Access or Parking
  • Secluded Lot
  • Views of a Sound
  • Deck
  • Wooded Lot

About This Home

As of July 2021

No bank waterfront cabin, 170 running feet of southwest facing beach teaming with clams/oysters. Charming river rock faced wood burning fireplace, mini split offers heat & a/c. One bedroom with water view, potential to open to deck and beach by swapping window for sliding glass door. Additional bedroom on garden side - split floor plan for privacy. All appliances including washer/dryer included. Coveted Griffin Schools/CHS. New architectural comp roof, over 600 sf of deck for beach front entertaining. Plenty of room to add carport/garage/RV. Paved driveway. Cabin footprint could be expanded. Ask friendly brokers for info on siding and foundation upgrades. This property listed "as is" - seller is a family trust, no work orders.

Last Agent to Sell the Property

Cynthia Niles

Pettit Realty LLC License #17263 Listed on: 05/28/2021

Co-Listed By

Rachel Taylor

Pettit Realty LLC License #26373

Last Buyer's Agent

Kristine Redford

COMPASS License #113808

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1779498

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1934

Lot Details

  • Property fronts a saltwater canal
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Value in Land

Parking

  • RV Access or Parking

Property Views

  • Views of a Sound
  • Territorial Views

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Boathouse
  • Deck

Utilities

  • Shared Well
  • Septic System
  • Cable TV Available

Community Details

  • Steamboat Island Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 13936431100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,191

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Cabin
  • Building Information: Built On Lot
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s)
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 766
  • Square Footage Finished: 766

Exterior Features

  • Exterior: Log
  • Foundation: Post And Pillar
  • Roof: Composition
  • View: Sound, Territorial
  • Waterfront: No Bank, Saltwater, Tideland Rights

Garage/Parking

  • Parking Type: K

Utilities

  • Heating And Cooling: Ductless Hp-Mini Split
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Heater: Closet & Laundry-Electric
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Name: Steamboat Island
  • Community Features: CCRs

Schools

  • Elementary School: Griffin Elem
  • Middle School: Griffin Mid School
  • High School: Capital High
  • School District: GRF

Lot Info

  • Lot Details: Paved Street, Secluded, Value In Land
  • Lot Sq Ft: 42253
  • Lot Topography Vegetation: Sloped, Wooded
  • Parcel Number: 13936431100
  • Zoning Jurisdiction: County
  • Lot Topography: Sloped, Wooded

Tax Info

  • Tax Amount: 4359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Rolstad George W
Bought by
Rolstad Gaye H
Current Estimated Value
$926,493

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 24, 2021
Sold by
Taylor Property Limited Partnership
Bought by
Rolstad George W and Rolstad Gaye
Seller's Agent
Cynthia Niles
Pettit Realty LLC
Buyer's Agent
Kristine Redford
COMPASS
List Price
$650,000
Sold Price
$875,000
Premium/Discount to List
$225,000
34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
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
Rolstad Gaye H -- None Listed On Document
Rolstad George W $875,000 Aegis Land Title Group
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $875,000 +34.6% $1,142 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $650,000 -- $849 / 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 $5,191 $828,800 $683,400 $145,400
2023 $5,191 $675,000 $519,200 $155,800
2022 $4,808 $571,300 $424,600 $146,700
2021 $4,359 $527,400 $425,500 $101,900
2020 $5,138 $459,600 $387,600 $72,000
2019 $4,297 $473,200 $413,300 $59,900
2018 $4,539 $377,200 $326,200 $51,000
2017 $3,331 $280,200 $214,100 $66,100
2016 $4,055 $342,950 $281,550 $61,400
2014 -- $339,750 $284,450 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1779498

Northwest Multiple Listing Service (NWMLS)

APN: 13936431100