Listed by Van Dorm Realty, Inc, Bought with John L. Scott, Inc
$1,518,000
SOLD MAY 22, 2025

5514 Crestview Loop NE Olympia, WA 98516

3 Beds
2 Baths
2,902 Sq Ft
0.58 Acres

Recently Sold

$523 Per Sq Ft

11% Below List Price

Highlights

  • Ocean View
  • RV Access or Parking
  • Fireplace in Primary Bedroom
  • Community Boat Launch
  • Custom Home
  • Deck

About This Home

As of May 2025

Easy WF Access & Amazing Panoramic, Breathtaking Views of the Sound, from the Olympics to the Nisqually Reach to Mt Rainier! 2902 SF of updated & remodeled 3Br/2Ba rambler, another 624 SF of 2Br/1.5Ba one level Guest Home and 1574 Sf 3-car gar/shop. The 3BR view home was fully remodeled in 2000, the PBR w/ FP, 2 walk-in closets & 5pc Ba new in 2009. As you enter the views pull you past the updated kitchen & DR and into the vaulted Great Room and Ohhh... you'll be amazed! Imagine entertaining on the covered deck w/bar, the new view deck, or the patio (hot tub ready). Views from all the BRs & the Guest House and the landscaped yard. The community comes with a playground, WF access, a Saltwater beach & park, & high tide marina. Call today!

Last Agent to Sell the Property

Paul Klenk

Van Dorm Realty, Inc License #29068 Listed on: 05/29/2024

Van Dorm Realty, Inc

Last Buyer's Agent

John Weyant

John L. Scott, Inc License #120917

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2244136

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,350

Year Built

  • Built in 1953

Lot Details

  • 0.58 Acre Lot
  • North Facing Home
  • Corner Lot
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • Strait Views
  • Mountain

Home Design

  • Custom Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,902 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Schools

  • Olympic View Elementary School
  • Salish Middle School
  • River Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • ADU includes 2 Bedrooms and 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 33701200900

Community Details

Overview

  • Beachcrest Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Boat Launch
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,350

Year Built

Built in 1953

Lot Details

0

HOA Fees

$52 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1953
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemp/Custom
  • Building Name: Beachcrest
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3526
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Electric, Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Security System, Walk-In Pantry, Water Heater
  • Living Area: 2902
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 2902
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • ADUBaths: 1
  • ADUBeds: 2
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition, Flat
  • View: Bay, Mountain(s), Ocean, Sound, Strait
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Wood
  • Direction Faces: North
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Concrete Ribbon, Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage, Off Street, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Pantry/Laundry Rm
  • WaterHeaterType: NG
  • CableConnected: Comcast
  • InternetConnected: XFinity

Condo/Co-op/Association

  • Community Features: Boat Launch, CCRs, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 52
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Salish Middle

Lot Info

  • Parcel Number: 33701200900
  • Topography: Level,Steep Slope
  • Land Lease: No
  • Lot Size Acres: 0.5824
  • Lot Size Sq Ft: 25371
  • Zoning: Res
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Seller

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12350

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Olympic View Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
May 6, 2025
Sold by
Williams Karen V and Williams-Porec Karen V
Bought by
Sj Levin Trust and Levin
Seller's Agent
Paul Klenk
Van Dorm Realty, Inc
Buyer's Agent
John Weyant
John L. Scott, Inc
List Price
$1,700,000
Sold Price
$1,518,000
Premium/Discount to List
-$182,000
-10.71%
Views
348
Current Estimated Value
$1,419,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,586
Avg. Annual Appreciation
-18.41%
Original Mortgage
$750,000
Outstanding Balance
$748,672
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$670,742

Purchase Details

Closed on
Dec 19, 2007
Sold by
Porec John P
Bought by
Williams Porec Karen and Williams Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2000
Sold by
Mayse Harvey C and Mayse Anna M
Bought by
Williams Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
8.34%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,518,000 Chicago Title
Quit Claim Deed -- Chicago Title Co
Warranty Deed $310,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $395,625 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $203,000 Credit Line Revolving
Previous Owner $232,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $1,518,000 -5.1% $523 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/15/2025 03/15/25 Price Changed $1,600,000 -1.5% $551 / Sq Ft
09/30/2024 09/30/24 Price Changed $1,625,000 -1.5% $560 / Sq Ft
08/17/2024 08/17/24 Price Changed $1,650,000 -2.9% $569 / Sq Ft
07/14/2024 07/14/24 For Sale $1,700,000 0.0% $586 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $1,700,000 -- $586 / 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 $12,350 $1,337,700 $358,100 $979,600
2023 $12,350 $1,254,600 $299,400 $955,200
2022 $12,493 $1,272,600 $246,900 $1,025,700
2021 $10,687 $1,042,300 $242,100 $800,200
2020 $10,416 $828,100 $222,800 $605,300
2019 $8,925 $831,100 $181,200 $649,900
2018 $9,858 $701,800 $149,200 $552,600
2017 $8,580 $634,450 $139,250 $495,200
2016 $7,738 $579,600 $169,200 $410,400
2014 -- $560,100 $169,200 $390,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2244136

Northwest Multiple Listing Service (NWMLS)

APN: 33701200900