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1616 Cottondale Lane Southeast

1616 Cottondale Lane Southeast, Olympia, WA 98501
Property in Thurston
Sold Oct 31, 2014
$209,719
$150,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2044
Sold May 25, 2005
$222,950
$178,360 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2035
Local assessors in Olympia, WA have categorized 1616 Cottondale Lane Southeast as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 3,990 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1616 Cottondale Lane Southeast has a total of 1,761 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 430 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of concrete. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1616 Cottondale Lane Southeast sold most recently in Oct 28, 2014 for a total of $209,719. If you work out the math, that's approximately a cost of $95.72 per sqft. Before that, the property was also sold for $222,950 in May 20, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,730 in taxes each year. 1616 Cottondale Lane Southeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $387,600. If we break it down further, the land itself was valued at $66,600. Improvements to the property, however, were assessed at a total of $321,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bi-level
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 430
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 3,990
  • Total Building Area: 2,191
  • Gross Building Area: 2,249
  • Building Area: 1,761
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,761
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRIDLEWOOD
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SECTION 12 TOWNSHIP 17 RANGE 2W QUARTER SW PLAT BRIDLEWOOD DIV 2 LT 130 DOCUMENT 3610953

Ownership

  • Current Owner : MYLES STEPHEN M
  • Current Owner 2: OLSON KAREN C
  • Previous Owner : HAMMOND MICHAEL
  • Owner Before Previous Owner: BRIDLEWOOD HOMES ONE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tumwater School District
  • School Tax School District: TUMWATER
  • Census Tract: 011720

Zoning

  • Zoning: MFM

Geography

  • Parcel: 37010013000
  • Lot: 130
  • Meridian: SEC 12 TWN 17 RNG 02
  • Municipality: CITY OF TUMWATER
  • Latitude: 46.9705
  • Longitude: -122.88

    Address

  • Full Address: 1616 Cottondale Ln Se
  • Address - House Number: 1616
  • Street Segment Direction: SE
  • Address - Street Name: Cottondale
  • Address - Suffix Type: Ln
  • State: WA
  • City Name: Tumwater
  • Carrier Code: C031
  • 4-Digit Zip Code: 6888
  • Zip Code: 98501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,730
  • Tax Rate Code Area: 440

    Appraisal Valuation

  • Standard Deviation: 0.1598
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 80
  • Final Value: 477,472
  • High Value: 553,783
  • Low Value: 401,162

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 31, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2044

    Market Valuation

  • Market Total Value: $387,600
  • Market Land Value: $66,600
  • Market Improvement Value: $321,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $387,600
  • Assessed Land Value: $66,600
  • Assessed Improvements Value: $321,000

    Sales

  • Current Sale Contract Date: Oct 28, 2014
  • Current Sale Recording Date: Oct 31, 2014
  • Current Sale Transaction ID: 1126249548
  • Current Sale Price: $209,719
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4415684
  • Previous Sale Recording Date: May 25, 2005
  • Previous Sale Contract Date: May 20, 2005
  • Previous Sale Amount: $222,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 31, 2014
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 25, 2005
  • Previous Mortgage Loan Amount: $178,360
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Thurston



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Frequently Asked Questions

What neighborhood is 1616 Cottondale Lane Southeast located in?
The 1616 Cottondale Lane Southeast is a located in the neighborhood of Thurston in Thurston, Olympia.
What is the average sales price for listings in 1616 Cottondale Lane Southeast?
The average sales price for units in 1616 Cottondale Lane Southeast is $0 currently.

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