NOT LISTED FOR SALE

Olympia, WA 98502

Estimated Value: $682,524 - $764,000

2 Beds
1 Bath
1,120 Sq Ft
$656/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $356,132 $318 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,323/month

Highlights

  • 55 Feet of Waterfront
  • Contemporary Architecture
  • 1 Fireplace
  • Lake View
  • Wood Flooring
  • 1-Story Property

About This Home

As of June 2014

Beautiful sunny south facing easy access Summit Lake waterfront. Tenant requires a minimum of 24 hours notice. Well designed remodel with upscale appointments.

Last Agent to Sell the Property

Cynthia Niles

Pettit Realty LLC License #17263 Listed on: 02/25/2014

Co-Listed By

David Kettel

Kettel Realty License #17658

Last Buyer's Agent

Cynthia Niles

Pettit Realty LLC License #17263 Listed on: 02/25/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 597508

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1970

Lot Details

  • 0.25 Acre Lot
  • 55 Feet of Waterfront
  • Sloped Lot
  • Property is in good condition

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport

Schools

  • Griffin Elementary School
  • Griffin Mid Middle School
  • Capital High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • The lake is a source of water for the property
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Summit Lake Subdivision

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 77100015100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,876

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1970
  • Inclusions: Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1120
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Living Area: 1120
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1120
  • 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: Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Lake
  • View: Yes
  • Waterfront Features: No Bank
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 55

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Lake
  • Utilities: High Speed Internet, Septic System, Electricity Available
  • HeatingCoolingType: High Efficiency (Unspecified)

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Griffin
  • High School: Capital High
  • Middle Or Junior School: Griffin Mid School

Lot Info

  • Parcel Number: 77100015100
  • Topography: PartialSlope
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: 151

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3876

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Griffin Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Jun 12, 2014
Sold by
Meyer Robert F and Yorke Russell W
Bought by
Dovrovich John P
Seller's Agent
Cynthia Niles
Pettit Realty LLC
Buyer's Agent
Cynthia Niles
Pettit Realty LLC
List Price
$435,000
Sold Price
$356,132
Premium/Discount to List
-$78,868
-18.13%
Current Estimated Value
$734,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,749
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Aug 14, 2008
Sold by
Laney Todd T and Laney Stacey M
Bought by
Meyer Robert F and Yorke Russell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 2005
Sold by
Laney Daniel A
Bought by
Laney Todd T and Laney Stacey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
8.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2001
Sold by
Laney Daniel A
Bought by
Laney Daniel A and Laney Todd

Purchase Details

Closed on
Jun 27, 1997
Sold by
Laney Daniel Arthur
Bought by
Laney Daniel A and Laney Vinita N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
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
Dovrovich John P $356,132 First American Title
Meyer Robert F $433,174 First American Title
Laney Todd T -- Chicago Title Co
Laney Daniel A -- Charter Title Company
Laney Daniel A -- Charter Title Company
Laney Daniel A -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobrovich John P $279,000
Previous Owner Meyer Robert F $392,250
Previous Owner Meyer Robert F $346,400
Previous Owner Laney Todd T $297,500
Previous Owner Laney Daniel A $155,000
Closed Laney Daniel A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Sold $356,132 -18.1% $318 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $435,000 -- $388 / 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 $4,893 $581,800 $299,200 $282,600
2023 $4,893 $570,900 $327,100 $243,800
2022 $4,148 $530,800 $307,700 $223,100
2021 $3,978 $421,900 $251,300 $170,600
2020 $4,533 $361,300 $224,200 $137,100
2019 $4,058 $368,700 $190,900 $177,800
2018 $3,886 $306,300 $170,900 $135,400
2017 $3,937 $318,650 $225,250 $93,400
2016 $3,648 $329,650 $198,250 $131,400
2014 -- $305,150 $198,250 $106,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cynthia Niles

    Pettit Realty LLC

    (360) 701-4700

    26 Total Sales

    Cynthia Niles
    Section Image
  • David Kettel

    Seller Co-Listing Agent in 2014

    David Kettel

    Kettel Realty

    (360) 280-7025

    59 Total Sales

    David Kettel
    Section Image
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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 597508

Northwest Multiple Listing Service (NWMLS)

APN: 77100015100

Washington Thurston County Olympia

98502

This home since 25 February 2014 and is currently estimated at $734,881, approximately $656 per square foot. This property was built in 1970. This home is a home located in Thurston County with nearby schools including Griffin 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

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