NOT LISTED FOR SALE

5611 Peninsula Dr SE Olympia, WA 98513

Estimated Value: $623,000 - $741,000

1 Bed
1 Bath
1,173 Sq Ft
$574/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $660,000 $563 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,940/month

Highlights

  • Low Bank Waterfront Property
  • Community Boat Launch
  • Lake View
  • Docks
  • Spa
  • Deck

About This Home

As of July 2021

Picture Perfect Peninsula Waterfront on Lake St. Clair has big edgewater deck, terraced lawn with sprinkler system & concrete bulkhead leading to gentle-grade stairs, handrail plankway & newer dock. Lakeside shed for storage or future office, & water-view hot tub steps from ¾ bath & long covered patio with glass door to 2nd bedroom. Main floor main suite with upper deck access, walk-in-closet & well-appointed bath. Windows full of lake views in vaulted great room with pro-installed rich wood laminates, new light fixtures & friendly kitchen with island seating. Cozy propane fireplace with media alcove & mantle. Heat pump cooling & efficient gas heat for year-round comfort. Epoxy 2-car garage & RV/boat parking too!

Last Agent to Sell the Property

Jami Downing

Abbey Realty Inc License #49938 Listed on: 06/08/2021

Last Buyer's Agent

Connor Stakelin

BHGRE Gary Mann Realty License #116802

BHGRE Gary Mann Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1785456

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,878

Year Built

  • Built in 2003

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is zoned MGSA

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Spa
  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • Propane
  • Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 71840100101

Community Details

Overview

  • Lake St Clair Community

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,878

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 1
  • Bedrooms: 1.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Upper
  • Family Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 1173
  • Square Footage Finished: 1173

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Bulkhead, Lake

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: Puget Sound Energy
  • Septic Approved for Number of Bedrooms: 1
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Heater: Basement-Electric
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Lake St Clair
  • Project: Ryans Lake St Clair
  • Community Features: Boat Launch

Schools

  • Elementary School: Southworth Elem
  • Middle School: Yelm Mid
  • High School: Yelm High12
  • School District: YEL

Lot Info

  • Lot Number: 4
  • Lot Details: Dead End Street, Paved Street
  • Lot Dimensions: 31x275x50x37x100x30x253
  • Lot Sq Ft: 22415
  • Lot Topography Vegetation: Level, Partial Slope, Terraces
  • Parcel Number: 71840100101
  • Zoning Code: MGSA
  • Zoning Jurisdiction: County
  • Lot Topography: Level, Partial Slope, Terraces

Tax Info

  • Tax Amount: 3705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 19, 2021
Sold by
Swick Benjamin D and Swick Amberley J
Bought by
Dresbach Catherine and Dresbach Terry
Seller's Agent
Jami Downing
Abbey Realty Inc
Buyer's Agent
Connor Stakelin
BHGRE Gary Mann Realty
List Price
$599,000
Sold Price
$660,000
Premium/Discount to List
$61,000
10.18%
Current Estimated Value
$673,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,705
Avg. Annual Appreciation
0.48%
Original Mortgage
$504,000
Outstanding Balance
$457,720
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$215,985

Purchase Details

Listed on
Nov 6, 2018
Closed on
Feb 25, 2019
Sold by
Dodge Charles W
Bought by
Swick Benjamin D and Swick Amberley J
Seller's Agent
Brett Siekkinen
Best Choice Realty LLC
Buyer's Agent
Jami Downing
Abbey Realty Inc
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.96%
Original Mortgage
$375,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2000
Sold by
Dodge Linda J
Bought by
Dodge Charles W

Purchase Details

Closed on
Sep 9, 1988
Sold by
Wittenberg Robert and Wittenberg Marjorie L
Bought by
Dodge Charles W and Dodge Linda J
Source: Public Records

Range of Values:

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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
Dresbach Catherine $660,000 Stewart Title
Swick Benjamin D -- Thurston County Title Co
Swick Benjamin D $395,000 Thurston County Title
Dodge Charles W -- Chicago Title Insurance Co
Dodge Charles W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dresbach Catherine $504,000
Previous Owner Swick Benjamin D $375,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2021 07/22/21 Sold $660,000 +10.2% $563 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $599,000 +51.6% $511 / Sq Ft
03/01/2019 03/01/19 Sold $395,000 -1.2% $337 / Sq Ft View Prior Sale
02/01/2019 02/01/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $399,900 0.0% $341 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/21/2019 01/21/19 Price Changed $399,900 -2.5% $341 / Sq Ft
11/06/2018 11/06/18 For Sale $410,000 -- $350 / 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 $4,878 $493,100 $202,500 $290,600
2023 $4,878 $504,000 $214,300 $289,700
2022 $4,702 $495,000 $163,600 $331,400
2021 $3,704 $432,100 $172,100 $260,000
2020 $3,536 $290,700 $108,400 $182,300
2019 $2,831 $272,600 $56,600 $216,000
2018 $3,259 $238,300 $54,000 $184,300
2017 $2,721 $204,700 $55,500 $149,200
2016 $3,228 $226,550 $66,650 $159,900
2014 -- $230,200 $71,100 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1785456

Northwest Multiple Listing Service (NWMLS)

APN: 71840100101