Listed by Locality, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

633 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $706,000 - $828,000

3 Beds
2 Baths
1,150 Sq Ft
$654/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $409,950 $356 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,564/month

5 Days on Market

Highlights

  • Waterfront Community
  • Docks
  • Spa
  • Thurgood Marshall Middle School Rated A-
  • Community Boat Launch
  • Lake View

About This Home

As of June 2018

Summit Lake vacation property with over 75ft of waterfront living! This adorable beach themed home is a fully operational 5 star vacation rental! Endless possibilities, keep as a rental, or make it a personal residence this fall! This home features a brand new roof, new flooring and paint, wood burning stove, and 2 car detached garage. Enjoy views of the lake from most of the house, a large deck with hot tub, and plenty of room to enjoy the waterfront dock and boat lift too! Don't miss this!

Last Agent to Sell the Property

Diana Morrow

Locality License #26905 Listed on: 05/09/2018

Locality

Last Buyer's Agent

Ken Ruth

John L. Scott, Inc. License #25126

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1287648

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,884

Year Built

  • Built in 1950

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Lake Views
  • Oven or Range
  • Unfinished Basement

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Spa
  • Docks
  • Patio

Utilities

  • The lake is a source of water for the property
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 77200004200

Community Details

Overview

  • Summit Lake Community

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,884

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Loft
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1150
  • Square Footage Finished: 1150

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition
  • View: Lake
  • Waterfront: Lake
  • Waterfront Frontage: 75+ Feet

Garage/Parking

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

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Sewer: Septic
  • Water Heater: Electric
  • Water Source: Lake

Condo/Co-op/Association

  • Community Name: Summit Lake
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach

Schools

  • High School: Capital High
  • School District: OLY

Lot Info

  • Lot Details: Dead End Street, Secluded
  • Lot Sq Ft: 15466
  • Parcel Number: 77200004200

Tax Info

  • Tax Amount: 4168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 12, 2018
Sold by
Sayre Tracy A and Sayre Kellet J
Bought by
Tracht Ron L and Tracht Lisa D
Seller's Agent
Diana Morrow
Locality
Buyer's Agent
Ken Ruth
John L. Scott, Inc.
List Price
$409,950
Sold Price
$409,950
Current Estimated Value
$751,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,007
Avg. Annual Appreciation
8.60%
Original Mortgage
$368,955
Outstanding Balance
$319,084
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$432,873

Purchase Details

Listed on
Mar 2, 2017
Closed on
Apr 12, 2017
Sold by
Cockrell Colby J and Noga Lori A
Bought by
Sayre Tracy A and Sayre Kellett J
Seller's Agent
Courtney Drennon
Morrison House Sotheby's Intl
Buyer's Agent
Diana Morrow
Locality
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$287,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2015
Closed on
Sep 14, 2015
Sold by
Becker Andrew P and Becker Mary L
Bought by
Cockrell Colby J and Noga Lori A
Seller's Agent
Charolde Wilkins
eXp Realty
Buyer's Agent
Courtney Drennon
Morrison House Sotheby's Intl
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$288,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2012
Closed on
Sep 15, 2012
Sold by
Mcdonald Sandra and Mcdonald Patrick J
Bought by
Becker Andrew P and Becker Mary L
Seller's Agent
Wesley Neal
Abbey Realty Inc
Buyer's Agent
Meg Spradlin
Van Dorm Realty, Inc
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$256,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Sirva Relocation Llc
Bought by
Mcdonald Patrick J and Mcdonald Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,855
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2004
Sold by
Prince Paul E and Prince Mira L
Bought by
Sirva Relocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,855
Interest Rate
6.31%
Mortgage Type
Unknown
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
Tracht Ron L $409,663 Chicago Title
Sayre Tracy A $358,719 Stewart Title Of Western Was
Cockrell Colby J $319,719 Chicago Title Company
Becker Andrew P $285,000 Thurston County Title
Mcdonald Patrick J $282,900 Stewart Title Of Western
Sirva Relocation Llc $282,900 Stewart Title Of Western
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tracht Ron L $368,955
Previous Owner Sayre Tracy A $287,200
Previous Owner Cockrell Colby J $288,000
Previous Owner Becker Andrew P $256,500
Previous Owner Mcdonald Patrick J $266,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2018 06/13/18 Sold $409,950 0.0% $356 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $409,950 +14.2% $356 / Sq Ft
04/14/2017 04/14/17 Sold $359,000 0.0% $312 / Sq Ft View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $359,000 +12.2% $312 / Sq Ft
09/18/2015 09/18/15 Sold $320,000 -5.9% $278 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $339,900 +19.3% $296 / Sq Ft
09/17/2012 09/17/12 Sold $285,000 0.0% $238 / Sq Ft View Prior Sale
08/09/2012 08/09/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $285,000 -- $238 / 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 $6,884 $610,000 $319,400 $290,600
2023 $6,884 $620,500 $362,400 $258,100
2022 $5,175 $586,800 $350,400 $236,400
2021 $4,863 $414,200 $292,100 $122,100
2020 $4,745 $353,400 $253,000 $100,400
2019 $4,096 $337,200 $210,300 $126,900
2018 $4,168 $302,900 $188,000 $114,900
2017 $4,360 $328,050 $247,450 $80,600
2016 $4,028 $302,350 $218,650 $83,700
2014 -- $298,150 $218,650 $79,500
Source: Public Records

Agents Affiliated with this Home

  • Diana Morrow

    Seller's Agent in 2018

    Diana Morrow

    Locality

    (253) 227-0202

    74 Total Sales

    Diana Morrow
    Section Image
  • Ken Ruth

    Buyer's Agent in 2018

    Ken Ruth

    John L Scott

    (253) 906-7386

    11 Total Sales

    Ken Ruth
    Section Image
  • Courtney Drennon

    Seller's Agent in 2017

    Courtney Drennon

    Morrison House Sotheby's Intl

    (360) 790-0262

    117 Total Sales

    Courtney Drennon
    Section Image
  • Charolde Wilkins

    Seller's Agent in 2015

    Charolde Wilkins

    eXp Realty

    (360) 451-5556

    125 Total Sales

    Charolde Wilkins
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Ashley Duval

    eXp Realty

    Section Image
  • Wesley Neal

    Seller's Agent in 2012

    Wesley Neal

    Abbey Realty Inc

    (360) 402-8130

    33 Total Sales

    Wesley Neal
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1287648

Northwest Multiple Listing Service (NWMLS)

APN: 77200004200

Washington Thurston County Olympia 98502

633 Summit Lake Shore Rd NW, Olympia, WA

This home is located at 633 Summit Lake Shore Rd NW, Olympia, WA 98502 since 09 May 2018 and is currently estimated at $751,957, approximately $653 per square foot. This property was built in 1950. 633 Summit Lake Shore Rd NW is a home located in Thurston County with nearby schools including McLane Elementary School, Thurgood Marshall Middle School, and Capital High 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

Nearby Homes