NOT LISTED FOR SALE

5616 48th Ct NW Olympia, WA 98502

Estimated Value: $1,111,000 - $1,420,000

4 Beds
4 Baths
5,082 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $1,000,000 $197 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,312/month

Highlights

  • Secluded Lot
  • Territorial View
  • 1 Fireplace
  • Wooded Lot
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of October 2021

Talk about curb appeal! This impressive Steamboat estate offers something special for a discerning buyer. Sited elegantly on a private five +/- acre lot with lovely mature landscaping, water feature, extensive curbing and private garden spaces. Enter the dramatic foyer with curved hardwood staircase and a wedding cake's worth of gorgeous trim - your first hint of what's to come. Formal and informal living & dining spaces, plus office, breakfast room, den and work desk/mud room on the main floor. Imagine the holidays spent in this welcoming kitchen with farm style sink, custom cabinetry, pantry & antique island. Double master suites upstairs, one with private balcony. All bedrooms have attached baths. Loads of bonus space in finished attic.

Last Agent to Sell the Property

Missy Watts

Olympic Sotheby's Int'l Realty License #85539 Listed on: 09/23/2021

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Katie Coulter

Real Estate With Nik & Co License #138770

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1843486

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,848

Year Built

  • Built in 1998

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Propane
  • 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 13925340100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,848

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Homebuilder: MC Construction
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Sauna, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave
  • Approved Number of Bedrooms: 4
  • Bedrooms: 4.00
  • Bathrooms: 3.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5082
  • Square Footage Finished: 5082

Exterior Features

  • Exterior: Brick, Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street, K
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 4
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Private Well
  • Water Heater: Garage x 2-Gas x 2
  • Water Source: Individual Well

Condo/Co-op/Association

  • HOA Fees: 21
  • 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: Cul-De-Sac, Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 218671
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 13925340100
  • Lot Topography: Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 8316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 21, 2021
Sold by
Estvold Pamela A and Pamela A Estvold Trust
Bought by
Lichter Jens Karl and Lichter Shirley Ann
Seller's Agent
Missy Watts
Olympic Sotheby's Int'l Realty
Buyer's Agent
Katie Coulter
Real Estate With Nik & Co
List Price
$950,000
Sold Price
$1,000,000
Premium/Discount to List
$50,000
5.26%
Current Estimated Value
$1,259,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,523
Avg. Annual Appreciation
5.95%
Original Mortgage
$800,000
Outstanding Balance
$729,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$529,998

Purchase Details

Closed on
Nov 4, 2019
Sold by
Estvold Pamela A and Estvold Wayne H
Bought by
Estvold Pamela A and Pamela A Estvold Trust

Purchase Details

Closed on
Feb 25, 2008
Sold by
Lasley Ralyn and Lasley Ralyn H
Bought by
Estvold Wayne H and Estvold Pamela A

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
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Lasley Carey
Bought by
Lasley Ralyn
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
Lichter Jens Karl $1,000,000 Aegis Land Title Group
Estvold Pamela A -- None Available
Estvold Wayne H $800,000 Stewart Title Of Western Was
Lasley Ralyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lichter Jens Karl $800,000
Previous Owner Estvold Wayne H $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $1,000,000 +5.3% $197 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $950,000 -- $187 / 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 $7,848 $1,071,100 $287,700 $783,400
2023 $7,848 $1,032,700 $305,000 $727,700
2022 $8,361 $993,200 $245,200 $748,000
2021 $7,567 $930,800 $216,700 $714,100
2020 $8,316 $810,500 $176,300 $634,200
2019 $7,846 $775,500 $162,500 $613,000
2018 $8,013 $675,600 $147,300 $528,300
2017 $7,603 $654,950 $137,850 $517,100
2016 $6,731 $611,300 $138,000 $473,300
2014 -- $571,450 $145,250 $426,200
Source: Public Records

Agents Affiliated with this Home

  • Missy Watts

    Seller's Agent in 2021

    Missy Watts

    Olympic Sotheby's Int'l Realty

    (360) 280-0509

    182 Total Sales

    Missy Watts
    Section Image
  • Katie Coulter

    Buyer's Agent in 2021

    Katie Coulter

    Real Estate With Nik & Co

    (360) 708-7582

    41 Total Sales

    Katie Coulter
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1843486

Northwest Multiple Listing Service (NWMLS)

APN: 13925340100

Washington Thurston County Olympia 98502

5616 48th Ct NW, Olympia, WA

This home is located at 5616 48th Ct NW, Olympia, WA 98502 since 23 September 2021 and is currently estimated at $1,259,523, approximately $247 per square foot. This property was built in 1998. 5616 48th Ct NW is a home located in Thurston County with nearby schools including Griffin 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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