First Time on the Market! This charming mid-century gem offers an unbeatable location. On the shores of Barnes Lake this home is filled with character and endless potential. Classic oak hardwood floors, new carpet in the living room, updated double-pane windows provide a warm and inviting atmosphere, the radiant ceiling heating system ensures year-round comfort. Enjoy peace of mind with a well-maintained rolled composition roof. Sitting on 2.5 acres at the end of a quiet cul-de-sac, this property offers lake access and a tranquil natural setting a rare find! Conveniently located near Tumwater shopping, I-5, this lovingly maintained home is ready for you to bring your vision to life. Don’t miss this incredible opportunity!
Sold
Listed by: eXp Realty • Cheri Wilkins
Bought with: Realty ONE Group All Stars
$499,000
1011 Lake Terrace Drive SW, Tumwater, WA 98512
2beds
1,346sqft
Single Family Residence
Built in 1963
2.52 Acres Lot
$498,700 Zestimate®
$371/sqft
$2,438 Estimated rent
Home value
$498,700
$459,000 - $539,000
$2,438/mo
Zestimate® history
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$3,063/mo
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List your homeWhat's special
Classic oak hardwood floorsRadiant ceiling heating systemTranquil natural settingLake accessQuiet cul-de-sacFilled with characterUpdated double-pane windows
Zillow last checked:
Listing updated:
Listed by:
Cheri Wilkins,
eXp Realty,
Ashley Arlene Duvall,
eXp Realty
Bought with:
Misti Bell, 22004068
Realty ONE Group All Stars
Source: NWMLS as distributed by MLS GRID,MLS#: 2320320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Garage
Heating
- Fireplace, Insert, Radiant, Electric, Propane
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Electric, Water Heater Location: den/office closet
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Hardwood, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,346
- Total interior livable area: 1,346 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Off Street
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Hardwood, Wall to Wall Carpet, Water Heater
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
- Frontage length: Waterfront Ft: buyer to verify
Lot
- Size: 2.52 Acres
- Dimensions: 22' x 4' x 623' x 120' x 528' x 227'
- Features: Dead End Street, Cable TV, Fenced-Partially, High Speed Internet, Patio, Propane, Shop
- Topography: Level,Partial Slope
- Residential vegetation: Brush
Details
- Parcel number: 58380000900
- Zoning: SFM
- Zoning description: Jurisdiction: City
- Special conditions: Standard
- Other equipment: Leased Equipment: none
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northwest Contemporary,1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition,See Remarks
Condition
- Good
- Year built: 1963
- Major remodel year: 1989
Details
- Builder model: n/a
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Tumwater
- Water: Public, Company: City of Tumwater
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Tumwater
Location
- Region: Tumwater
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $497,900
- Annual tax amount: $2,071
- Date on market: 3/10/2025
- Cumulative days on market: 499 days
- Listing terms: Conventional,FHA,State Bond,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), LeasedEquipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2025 | Sold | $499,000$371/sqft |
Source:  NWMLS as distributed by MLS GRID #2320320 Report a problem | ||
| 2/15/2025 | Pending sale | $499,000$371/sqft |
Source: NWMLS as distributed by MLS GRID #2320320 Report a problem | ||
| 2/10/2025 | Price change | $499,000-5%$371/sqft |
Source: NWMLS as distributed by MLS GRID #2320320 Report a problem | ||
| 1/13/2025 | Listed for sale | $525,000$390/sqft |
Source: NWMLS as distributed by MLS GRID #2320320 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,081 +0.5% | $497,900 -2.1% |
| 2023 | $2,071 -0.4% | $508,400 +11.8% |
| 2022 | $2,079 -20.4% | $454,700 +4.7% |
| 2021 | $2,612 -42.8% | $434,100 +22% |
| 2020 | $4,565 +20.2% | $355,700 +9.1% |
| 2019 | $3,798 +1% | $326,100 +6.6% |
| 2018 | $3,760 +23.3% | $306,000 +24.4% |
| 2017 | $3,049 | $245,900 +3.1% |
| 2016 | $3,049 | $238,500 +6.6% |
| 2014 | $3,049 | $223,650 -1.8% |
| 2013 | -- | $227,850 |
| 2012 | $3,182 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $852 | -- |
| 2008 | -- | -- |
| 2007 | $870 -33.2% | -- |
| 2006 | $1,301 +237.9% | -- |
| 2005 | $385 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,912 -0.5% | $119,800 +2.5% |
| 2000 | $1,921 | $116,900 |
Find assessor info on the county website
Neighborhood: 98512
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Nearby schools
GreatSchools rating
- 8/10Michael T Simmons Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Tumwater Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10A G West Black Hills High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Michael T Simmons El
- Middle: Tumwater Mid
- High: Tumwater High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$498,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$498,700
- Washington
- Thurston County
- Tumwater
- 98512
- 1011 Lake Terrace Drive SW
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