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5523 Peninsula Drive Southeast

5523 Peninsula Drive Southeast, Olympia, WA 98513
Property in Thurston
Sold Apr 06, 2021
$650,000
$545,000 by Caliber Home Loans Inc
Mortgage Due May 01, 2051
5523 Peninsula Drive Southeast in Olympia, WA was first built in 1978 and is 46 years old. Although, the building on the property was most recently renovated and altered in 1991. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5523 Peninsula Drive Southeast has 3,663 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. The basement is 2,094 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 43,899 square feet.

Learn more about the property and building on this page. There is a covered porch and a patio. The home has a gable style roof made of concrete. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. 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 inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 1, 2021 for $650,000. That's $154.98 per sqft. 5523 Peninsula Drive Southeast was last assessed in 2022. The total value of the property was assessed at $667,900. Specifically, the land the property is located on was valued at $193,200. While improvements on the property were assessed at a total of $474,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,085. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 2,094
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 43,899
  • Total Building Area: 4,194
  • Gross Building Area: 4,641
  • Building Area: 3,663
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,663
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RYANS LAKE ST CLAIR
  • Land Acres: 1.008
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SECTION 31 TOWNSHIP 18 RANGE 1E QUARTER SE SE PLAT RYANS LAKE ST CLAIR DIV 5 LT 3 DOCUMENT 019/028

Ownership

  • Current Owner : MEIER LEE M
  • Current Owner 2: MEIER BRIAN C
  • Previous Owner : STEPHENSON MICHAEL KENT
  • Previous Owner 2: MICHAEL KENT STEPHENSON LIVING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Yelm Community Schools
  • School Tax School District: YELM
  • Census Tract: 012420

Zoning

  • Zoning: MGSA

Geography

  • Parcel: 71850000300
  • Lot: 3
  • Meridian: SEC 31 TWN 18 RNG 01E
  • Municipality: THURSTON COUNTY
  • Latitude: 46.9979
  • Longitude: -122.721

    Address

  • Full Address: 5523 Peninsula Dr Se
  • Address - House Number: 5523
  • Street Segment Direction: SE
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Olympia
  • Carrier Code: R002
  • 4-Digit Zip Code: 9230
  • Zip Code: 98513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,085
  • Tax Rate Code Area: 185

    Appraisal Valuation

  • Standard Deviation: 0.1229
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 86
  • Final Value: 726,819
  • High Value: 816,202
  • Low Value: 637,436

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $545,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Loan Amount: $545,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $667,900
  • Market Land Value: $193,200
  • Market Improvement Value: $474,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $667,900
  • Assessed Land Value: $193,200
  • Assessed Improvements Value: $474,700

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Transaction ID: 11829654123
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4840161

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 06, 2021
  • First Mortgage Loan Amount: $545,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Thurston



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Frequently Asked Questions

What neighborhood is 5523 Peninsula Drive Southeast located in?
The 5523 Peninsula Drive Southeast is a located in the neighborhood of Thurston in Thurston, Olympia.
What is the average sales price for listings in 5523 Peninsula Drive Southeast?
The average sales price for units in 5523 Peninsula Drive Southeast is $0 currently.

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