Listed by Olympic Sotheby's Int'l Realty, Bought with Morrison House Sotheby's Intl
$450,000
SOLD MAR 21, 2023

5843 Octave Ct SE Olympia, WA 98513

2 Beds
2 Baths
1,330 Sq Ft
0.39 Acres

Recently Sold

$338 Per Sq Ft

3 Days on Market

Highlights

  • Under Construction
  • Vaulted Ceiling
  • Storm Windows
  • RV Access or Parking
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of March 2023

Quality new construction by local builder on over 1/3+/- acre lot! Quality finishes in this 2 bedroom + office, 2 bath home includes luxury vinyl plank flooring, quartz counters, quality cabinetry with crown molding, and stainless appliances. Central located ductless mini-split heat pump for efficient heating/cooling. Tankless water heater with recirc pump for fast on demand hot water. Tempo Lake Community offers access to private lake for fishing, kayaking, etc. and is adjacent to the Chehalis Western Trail for biking & running. Peaceful setting away from the grind!

Last Agent to Sell the Property

Matt Perkins

Olympic Sotheby's Int'l Realty License #23017495 Listed on: 01/31/2023

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Courtney Drennon

Morrison House Sotheby's Intl License #74829

Morrison House Sotheby's Intl

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2030360

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $465

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.39 Acre Lot
  • Street terminates at a dead end
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • <<microwave>>
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Propane
  • Tankless Water Heater
  • Hot Water Circulator
  • Septic Tank

Community Details

  • Kerry O'leary Association
  • Secondary HOA Phone (360) 628-8911
  • Built by Anderson M Construction
  • Olympia Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 79060200100

Home Details

Home Type

Single Family

Est. Annual Taxes

$465

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2023
  • Inclusions: Dishwasher,Microwave,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tempo Lake
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 1330
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-01-18
  • NewConstruction: Under Construction
  • Special Features: NewHome
  • Cumulative Days on Market: 851

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Hot Water Recirc Pump, Tankless Water Heater, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 1330
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1330
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Builder Name: Anderson M Construction
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Hot Water Recirc Pump, Insert, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Tempo Lake
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 160
  • Association Fee Frequency: Annually
  • Phone: 360-628-8911
  • Association: Yes
  • AssociationContactName: Kerry O'Leary

Schools

  • Junior High Dist: Tenino

Lot Info

  • Parcel Number: 79060200100
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.3913
  • Lot Size Sq Ft: 17045
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio,Propane,RV Parking
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 465

Multi Family

  • EnergySource: Electric,Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 17, 2023
Sold by
Anderson M Construction Inc
Bought by
Vanpelt Joshua T and Smith Andy M
Seller's Agent
Matt Perkins
Olympic Sotheby's Int'l Realty
Buyer's Agent
Courtney Drennon
Morrison House Sotheby's Intl
List Price
$450,000
Sold Price
$450,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$427,500
Outstanding Balance
$416,380
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$79,537

Purchase Details

Closed on
Oct 21, 2021
Sold by
Clark David W and Clark Sarah L
Bought by
Jones Mistie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 13, 2020
Sold by
Mckenna Lisa
Bought by
Clark David W and Clark Sarah L

Purchase Details

Closed on
Jan 7, 2020
Sold by
Larson David A and Larson David Allen
Bought by
Mckenna Lisa and Larson Lisa K

Purchase Details

Closed on
Feb 7, 2013
Sold by
Stuart Nancy C
Bought by
Larson David A and Larson Lisa K
Source: Public Records

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Range of Values:

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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 -- First American Title
Warranty Deed $140,000 Chicago Title
Warranty Deed $64,500 Thurston County Title
Interfamily Deed Transfer -- Thurston County Title
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Previous Owner $364,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $525,000 +16.7% $395 / Sq Ft
03/21/2023 03/21/23 Sold $450,000 0.0% $338 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $450,000 -- $338 / 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 $4,710 $486,900 $128,600 $358,300
2023 $4,710 $506,900 $110,600 $396,300
2022 $465 $87,400 $87,400 $0
2021 $586 $55,200 $55,200 $0
2020 $422 $58,400 $58,400 $0
2019 $354 $40,500 $40,500 $0
2018 $500 $44,400 $44,400 $0
2017 $444 $40,300 $40,300 $0
2016 $447 $44,250 $44,250 $0
2014 -- $43,800 $43,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2030360

Northwest Multiple Listing Service (NWMLS)

APN: 79060200100