NOT LISTED FOR SALE

903 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $430,012 - $651,000

1 Bed
1 Bath
469 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $240,000 $512 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,106/month

99 Days on Market

About This Home

As of September 2013

Waterfront cabin on quiet area of lake. 52 ft of rock bulkhead, lakeside covered pergola & lawn. New covered hydraulic boat lift. RV pkg at top leads to paved driveway & beautiful staircase to cabin w/full front deck & secluded hot tub w/fantastic panoramic lake view! New septic system w/add'l easement for 2 more bdrms & new lake front storage shed for water toys. Extensive exterior low voltage lighting on stairs, pergola etc makes for easy access & great night time use. Perfect little get away.

Last Agent to Sell the Property

Stephanie Herrmann

Better Properties Soundview License #22350 Listed on: 05/12/2013

Last Buyer's Agent

Stephanie Herrmann

Better Properties Soundview License #22350 Listed on: 05/12/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM486399

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$4,281

Year Built

1955

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 469
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Features: Bath Off Master, Ceiling Fan(s), Walk-in Closet
  • Floor: Ceramic Tile, Wall to Wall Carpet
  • Water Heater Location: Closet-electric

Exterior Features

  • Roof: Metal
  • Community Features: Boat Launch, Clubhouse, Private Beach Access
  • Exterior: Wood
  • Foundation: Post & Pillar
  • Lot Details: Open Space, Paved Street, Secluded
  • Roof: Metal
  • Site Features: Cabana/Gazebo, Cable TV, Deck, Dock, Hot Tub/Spa, Outbuildings, RV Parking
  • View: Lake, Territorial
  • Waterfront: Lake
  • Waterfront Frontage: 52 feet
  • Lot Topography: Brush, Level, Terraces, Wooded

Utilities

  • Heating: Baseboard
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Heating and Cooling: Baseboard
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: septic
  • Water Company: lake right w/filtration syst

Schools

  • School District: OLY
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2021
Sold by
Cockrell Brandi
Bought by
Cockrell Brian
Current Estimated Value
$520,003

Purchase Details

Listed on
May 12, 2013
Closed on
Sep 3, 2013
Sold by
Lauderback Paul J and Lauderback Shelley K
Bought by
Cockrell Brian and Cockrell Brandi
Seller's Agent
Stephanie Herrmann
Better Properties Soundview
Buyer's Agent
Stephanie Herrmann
Better Properties Soundview
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
May 24, 2007
Sold by
Jarrett John L and Jarrett Wendy J
Bought by
Louderback Paul J and Louderback Shelley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.14%
Mortgage Type
Unknown
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
Cockrell Brian -- None Listed On Document
Cockrell Brian $240,000 Nextitle
Louderback Paul J $307,000 Stewart Title Western Wa Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louderback Paul J $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2013 09/12/13 Sold $240,000 -5.9% $512 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
05/12/2013 05/12/13 For Sale $255,000 -- $544 / 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 $4,281 $365,100 $262,900 $102,200
2023 $4,281 $383,000 $295,400 $87,600
2022 $3,734 $358,900 $279,200 $79,700
2021 $3,554 $297,000 $229,000 $68,000
2020 $3,411 $256,600 $202,500 $54,100
2019 $2,962 $240,700 $170,400 $70,300
2018 $2,866 $206,500 $152,600 $53,900
2017 $3,179 $237,500 $200,900 $36,600
2016 $2,605 $197,800 $146,700 $51,100
2014 -- $190,800 $146,700 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM486399

Northwest Multiple Listing Service (NWMLS)

APN: 77100000201