Listed by Olympic Sotheby's Int'l Realty, Bought with Pellego, Inc.
NOT LISTED FOR SALE

5845 Octave Ct SE Olympia, WA 98513

Estimated Value: $514,000 - $561,000

2 Beds
2 Baths
1,491 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $465,000 $312 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,293/month

28 Days on Market

Highlights

  • Waterfront Community
  • Vaulted Ceiling
  • Storm Windows
  • Under Construction
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of December 2022

Quality new construction by local builder on over 1/2 acre lot with room for a shop! Quality finishes in this 2 bedroom + office, 2 bath home include 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 the Chehalis Western Trail for biking and 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: 10/14/2022

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Scot Stafford

Pellego, Inc. License #20107121

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2007652

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.54 Acre Lot
  • Street terminates at a dead end
  • North Facing Home
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 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

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Propane
  • Tankless Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 79060200101

Community Details

Overview

  • 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

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 2022 | 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: 2022
  • Inclusions: Dishwasher,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tempo Lake
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 1491
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-01-18
  • NewConstruction: Under Construction
  • Special Features: NewHome

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: Central A/C, Ductless HP-Mini Split, Forced Air, 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: 1491
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1491
  • 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
  • Direction Faces: North
  • 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: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Septic System, Electricity Available, Propane, Common Area Maintenance
  • HeatingCoolingType: Central A/C,Ductless HP-Mini Split,Forced Air,Hot Water Recirc Pump,Insert,Tankless Water Heater
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Temp Lake
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs, Community Waterfront/Pvt Beach
  • 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: 79060200101
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23522
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: County
  • LotNumber: 128

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 356

Multi Family

  • EnergySource: Electric,Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 5, 2022
Sold by
Anderson M Construction Inc
Bought by
Holbrook Jakob M
Seller's Agent
Matt Perkins
Olympic Sotheby's Int'l Realty
Buyer's Agent
Scot Stafford
Pellego, Inc.
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Views
1
Current Estimated Value
$539,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,244
Avg. Annual Appreciation
5.35%
Original Mortgage
$418,500
Outstanding Balance
$405,139
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$134,105

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 15, 2022
Sold by
Mistie Jones
Bought by
Anderson M Construction Inc
Seller's Agent
Lesli Oram
Epique Realty
Buyer's Agent
Matt Perkins
Olympic Sotheby's Int'l Realty
List Price
$159,800
Sold Price
$159,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
392.44%

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 21, 2021
Sold by
Clark David W and Clark Sarah L
Bought by
Jones Mistie
Seller's Agent
Ryan McBride
eXp Realty
Buyer's Agent
Lesli Oram
Epique Realty
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.50%
Original Mortgage
$364,500
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 5, 2019
Closed on
Jan 13, 2020
Sold by
Mckenna Lisa
Bought by
Clark David W and Clark Sarah L
Seller's Agent
Tanya Moore
RE/MAX Parkside Affiliates
Buyer's Agent
Ryan McBride
eXp Realty
List Price
$75,000
Sold Price
$64,500
Premium/Discount to List
-$10,500
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.71%

Purchase Details

Listed on
Oct 5, 2019
Closed on
Jan 7, 2020
Sold by
Larson David A and Larson David Allen
Bought by
Mckenna Lisa and Larson Lisa K
Seller's Agent
Tanya Moore
RE/MAX Parkside Affiliates
Buyer's Agent
Ryan McBride
eXp Realty
List Price
$75,000
Sold Price
$64,500
Premium/Discount to List
-$10,500
-14%

Purchase Details

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

Purchase Details

Closed on
Jun 11, 2001
Sold by
Larson David
Bought by
Larson Lisa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Holbrook Jakob M -- First American Title
Anderson M Construction Inc $159,800 Thurston County Title
Jones Mistie $140,000 Chicago Title
Clark David W $64,500 Thurston County Title
Mckenna Lisa -- Thurston County Title
Larson David A -- None Available
Larson Lisa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holbrook Jakob M $418,500
Previous Owner Jones Mistie $364,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $465,000 -2.1% $312 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $475,000 +197.2% $319 / Sq Ft
04/15/2022 04/15/22 Sold $159,800 0.0% $168 / Sq Ft View Prior Sale
04/14/2022 04/14/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $159,800 +14.1% $168 / Sq Ft
10/26/2021 10/26/21 Sold $140,000 0.0% $147 / Sq Ft View Prior Sale
08/16/2021 08/16/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $140,000 +117.1% $147 / Sq Ft
01/27/2020 01/27/20 Sold $64,500 -4.4% $68 / Sq Ft View Prior Sale
12/20/2019 12/20/19 Pending -- -- --
12/13/2019 12/13/19 Price Changed $67,500 -10.0% $71 / Sq Ft
11/19/2019 11/19/19 For Sale $75,000 0.0% $79 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $75,000 0.0% $79 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $75,000 0.0% $79 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
10/05/2019 10/05/19 For Sale $75,000 -- $79 / 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 $5,051 $533,900 $153,000 $380,900
2023 $5,051 $547,100 $132,500 $414,600
2022 $712 $109,800 $109,800 $0
2021 $1,022 $75,100 $75,100 $0
2020 $79 $83,300 $80,700 $2,600
2019 $605 $54,600 $51,500 $3,100
2018 $868 $50,900 $48,200 $2,700
2017 $764 $56,350 $52,850 $3,500
2016 $720 $58,700 $55,900 $2,800
2014 -- $57,950 $55,350 $2,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2007652

Northwest Multiple Listing Service (NWMLS)

APN: 79060200101