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1233 Lake Park Drive Southwest

1233 Lake Park Drive Southwest, Olympia, WA 98512
Property in Thurston
Sold Dec 05, 2000
$340,000
$470,911 by Department Of Community Trade
Mortgage
1233 Lake Park Drive Southwest in Olympia, WA was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 1987. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1233 Lake Park Drive Southwest has 3,024 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,600 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a window/unit air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1233 Lake Park Drive Southwest sold most recently in Dec 1, 2000 for a total of $340,000. If you work out the math, that's approximately a cost of $56.22 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10 in taxes each year. 1233 Lake Park Drive Southwest was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,202,000. If we break it down further, the land itself was valued at $67,400. Improvements to the property, however, were assessed at a total of $1,134,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1987
  • Building Count: 2
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 14
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,600
  • Total Building Area: 6,048
  • Gross Building Area: 3,024
  • Building Area: 3,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Electric
  • Heated Square Feet: 3,024
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TUMWATER PARK
  • Land Acres: 0.335
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: TUMWATER PARK LOT 19 S 80F W OF LAKE PARK DRIVE

Ownership

  • Current Owner : THE HOUSING AUTHORITY OF THURSTON COUNTY
  • Previous Owner : CRABTREE WILLIAM M
  • Previous Owner 2: CRABTREE TERESEA L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 010920

Zoning

  • Zoning: SFM

Geography

  • Parcel: 80700001902
  • Block: 19
  • Lot: 19
  • Municipality: CITY OF TUMWATER
  • Latitude: 47.0037
  • Longitude: -122.92

    Address

  • Full Address: 1233 Lake Park Dr Sw
  • Address - House Number: 1233
  • Street Segment Direction: SW
  • Address - Street Name: Lake Park
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Tumwater
  • Carrier Code: C095
  • 4-Digit Zip Code: 6954
  • Zip Code: 98512

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10
  • Tax Rate Code Area: 455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,911
  • First Open Lien Mortgage Lender: DEPARTMENT OF COMMUNITY TRADE
  • First Open Lien Mortgage Recording Date: Dec 05, 2000
  • First Open Lien Mortgage Loan Amount: $470,911
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,202,000
  • Market Land Value: $67,400
  • Market Improvement Value: $1,134,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,202,000
  • Assessed Land Value: $67,400
  • Assessed Improvements Value: $1,134,600

    Sales

  • Current Sale Contract Date: Dec 01, 2000
  • Current Sale Recording Date: Dec 05, 2000
  • Current Sale Transaction ID: 1069737243
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3325869

    Last Sale Mortgage

  • First Mortgage Lender: DEPARTMENT OF COMMUNITY TRADE
  • First Mortgage Transaction Date: Dec 05, 2000
  • First Mortgage Loan Amount: $470,911
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Tumwater



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1233 Lake Park Drive Southwest located in?
The 1233 Lake Park Drive Southwest is a located in the neighborhood of Thurston in Tumwater, Olympia.
What is the average sales price for listings in 1233 Lake Park Drive Southwest?
The average sales price for units in 1233 Lake Park Drive Southwest is $0 currently.

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