Listed by Redfin, Bought with Redfin
NOT LISTED FOR SALE

943 Summit Lake Shore Rd NW Olympia, WA 98502

Estimated Value: $1,123,000 - $1,375,000

3 Beds
2.5 Baths
2,538 Sq Ft
$491/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $980,999 $387 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,631/month

100 Days on Market

Highlights

  • Lake Front
  • Docks
  • Deck
  • Thurgood Marshall Middle School Rated A-
  • RV Access or Parking
  • Wood Flooring

About This Home

As of July 2023

Lake living at its finest! This beautiful home is nestled along 54' of waterfront on gorgeous Summit Lake. The massive views from every floor are truly awe inspiring. Enjoy an open concept, beautifully finished chef's kitchen, a vast primary suite with a spa like bath and a huge organized closet. The home offers 2 decks, oversized 2 car garage, a private dock, radiant heat, new heat pump, tankless water heater, central vacuum system, and price includes a 2 + acre lot with a large 4 car heated shop with loft area, ready to store all of your toys. Enjoy year round activities, boat, paddle board, kayak, entertain and enjoy. Views! Views! Views!

Last Agent to Sell the Property

Nicole Larson

Redfin License #76932 Listed on: 03/08/2023

Redfin

Co-Listed By

Katrina Schmitt

COMPASS License #25381

Last Buyer's Agent

Jessica Kammeyer

Redfin License #24001081

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2035667

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,895

Year Built

  • Built in 2008

Lot Details

  • 2.26 Acre Lot
  • Lake Front
  • Level Lot
  • Property is in very good condition

Parking

  • 6 Car Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Flat Roof Shape
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2,538 Sq Ft Home
  • Multi-Level Property
  • Central Vacuum
  • 2 Fireplaces
  • Lake Views
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Docks
  • Deck
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heat Pump System
  • Propane
  • The lake is a source of water for the property
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 77100002200

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,895

Year Built

Built in 2008

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 2008
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2538
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 2538
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2538
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 2
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 3
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • FireplacesLower: 1

Exterior Features

  • Roof: Flat
  • View: Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Cement Planked, Wood Products
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage, Detached Garage
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Lake
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, High Efficiency (Unspecified), Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Lake
  • WaterHeaterLocation: Basement Crawlspace
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 77100002200
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 2.2623
  • Lot Size Sq Ft: 98546
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Dock,High Speed Internet,Propane,RV Parking,Shop
  • MLSLotSizeSource: Realist - Buyer to verify
  • MLSSquareFootageSource: Realist - Buyer to verify
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9895

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Jul 14, 2023
Sold by
Rawson Thomas P and Rawson Hillary C
Bought by
Beardsley Blaine and Beardsley Susan
Seller's Agent
Nicole Larson
Redfin
Buyer's Agent
Jessica Kammeyer
Redfin
List Price
$1,249,999
Sold Price
$980,999
Premium/Discount to List
-$269,000
-21.52%
Views
63
Current Estimated Value
$1,245,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,496
Avg. Annual Appreciation
11.35%
Original Mortgage
$726,200
Outstanding Balance
$607,677
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$637,818

Purchase Details

Listed on
Apr 29, 2020
Closed on
Sep 4, 2020
Sold by
Sheflett Steven W and Sheflett Melissa A
Bought by
Rawson Thomas P and Landon Hillary C
Seller's Agent
Rach'l Scott
Olympic Sotheby's Int'l Realty
Buyer's Agent
Mark Hopkins
Redfin
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$721,650
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2017
Sold by
Vining Richard L and Vining Ruby S
Bought by
Shiflett Steven W and Shiflett Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,650
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Seal John Trevor
Bought by
Vining Richard L and Vining Ruby S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
5.65%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Beardsley Blaine $980,999 First American Title
Rawson Thomas P $849,000 Chicago Title Company Of Wa
Shiflett Steven W -- Wfg Natinoal Ttl Co Of Wa Ll
Vining Richard L $139,900 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beardsley Blaine $726,200
Previous Owner Rawson Thomas P $721,650
Previous Owner Shiflett Steven W $721,650
Previous Owner Vining Richard L $111,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $980,999 -1.9% $387 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $999,999 -4.8% $394 / Sq Ft
05/24/2023 05/24/23 Price Changed $1,049,999 -8.7% $414 / Sq Ft
05/03/2023 05/03/23 Price Changed $1,149,999 -4.2% $453 / Sq Ft
04/10/2023 04/10/23 Price Changed $1,199,999 -4.0% $473 / Sq Ft
03/08/2023 03/08/23 For Sale $1,249,999 +47.2% $493 / Sq Ft
09/08/2020 09/08/20 Sold $849,000 0.0% $288 / Sq Ft View Prior Sale
07/24/2020 07/24/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $849,000 +2.3% $288 / Sq Ft
07/30/2019 07/30/19 Sold $830,000 -2.4% $281 / Sq Ft View Prior Sale
06/29/2019 06/29/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $850,000 -- $288 / 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 $12,566 $1,157,400 $277,900 $879,500
2023 $12,566 $1,139,000 $278,400 $860,600
2022 $9,895 $965,900 $261,300 $704,600
2021 $8,169 $798,200 $213,200 $585,000
2020 $9,984 $597,800 $180,200 $417,600
2019 $8,405 $716,100 $165,800 $550,300
2018 $8,328 $611,000 $149,000 $462,000
2017 $6,862 $519,800 $197,100 $322,700
2016 $7,410 $598,800 $169,500 $429,300
2014 -- $553,300 $169,500 $383,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2035667

Northwest Multiple Listing Service (NWMLS)

APN: 77100002200