Exceptional Value in Tumwater – Ideal for Homeowners & Investors. Don't miss this outstanding opportunity to own a beautifully renovated condo in a prime Tumwater location with top-rated schools. Whether you're looking for a beautiful place to call home or an investment property, this condo offers excellent flexibility. There is no rental cap, making it suitable for long-term rentals or short-term vacation rentals. Seller Incentive: Submit an offer by August 4, 2026, and receive a $2,500 seller credit toward your closing cost. This staged and move-in ready home offers 1,862 square feet of thoughtfully updated living space, featuring 3 bedrooms and 1.5 bathrooms across two spacious levels. Luxury waterproof vinyl flooring and newer carpeting complement the modern interior, while the kitchen and bathrooms showcase elegant quartz countertops. The bright, open living area features vaulted ceilings, large windows, and a cozy wood-burning fireplace, creating a warm and inviting atmosphere. Step outside onto your private deck—perfect for relaxing or hosting BBQs while enjoying peaceful surroundings. Additional features include: One fully covered garage with storage plus a second assigned parking space Insulated windows New roof New appliances, including a washer/dryer combination Convenient access to I-5 Just 3 minutes to Costco, Fred Meyer, Walmart, Home Depot, banks, parks, and shopping centers Great opportunity for investors seeking income potential.
Active
Listed by: RE/MAX Eastside Brokers, Inc. • Lee Tayebi
Price cut: $490 (7/27)
$327,500
1500 LAKE PARK Drive SW #63, Tumwater, WA 98512
3beds
1,862sqft
Condominium
Built in 1980
-- sqft lot
$327,000 Zestimate®
$176/sqft
$591/mo HOA
What's special
Cozy wood-burning fireplaceModern interiorLarge windowsNewer carpetingLuxury waterproof vinyl flooringBeautifully renovated condoTwo spacious levels
- 59 days |
- 1,238 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
Lee Tayebi,
RE/MAX Eastside Brokers, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2541398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Second
Heating
- Fireplace, Baseboard, Wall Furnace, Electric, Wood
Cooling
- None, Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate, Vinyl, Carpet
- Windows: Insulated Windows
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,862
- Total interior livable area: 1,862 sqft
Property
Parking
- Total spaces: 1
- Parking features: Individual Garage, Uncovered
- Has garage: Yes
- Covered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Insulated Windows, Vaulted Ceiling(s), Washer, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Features: Paved
Details
- Parcel number: 33140006300
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Condo (2 Levels)
- Property subtype: Condominium
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Year built: 1980
- Major remodel year: 2023
Utilities & green energy
Green energy
- Energy efficient items: Insulated Windows
Community & HOA
Community
- Subdivision: Tumwater
HOA
- Services included: Common Area Maintenance, Earthquake Insurance, Road Maintenance, Snow Removal
- HOA fee: $591 monthly
- HOA phone: 360-455-4464
Location
- Region: Tumwater
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $270,400
- Annual tax amount: $2,695
- Date on market: 6/17/2026
- Cumulative days on market: 60 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 2995
Estimated market value
Zestimate®
$327,000
Estimated sales range
$311,000 - $343,000
Rent Zestimate®
$2,125/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Price change | $2,350-1.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/3/2026 | Price change | $2,395-2.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/27/2026 | Price change | $327,500-0.1%$176/sqft |
Source: | ||
| 7/27/2026 | Price change | $2,450+2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2026 | Price change | $327,990-0.3%$176/sqft |
Source: | ||
| 7/20/2026 | Price change | $328,888-0.3%$177/sqft |
Source: | ||
| 7/11/2026 | Price change | $329,990-1.5%$177/sqft |
Source: | ||
| 6/30/2026 | Price change | $334,990-4.3%$180/sqft |
Source: | ||
| 6/28/2026 | Price change | $2,399-2.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/25/2026 | Price change | $2,450-1.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2026 | Listed for sale | $349,988+2.9%$188/sqft |
Source: | ||
| 6/9/2026 | Price change | $2,495-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/2/2026 | Price change | $2,599-1.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2026 | Price change | $2,650-1.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/28/2026 | Listed for rent | $2,700+12.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/15/2025 | Listing removed | $2,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/27/2025 | Price change | $2,395-4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/19/2025 | Price change | $2,4990%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2025 | Listed for rent | $2,500+25.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/2/2025 | Listing removed | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/15/2025 | Price change | $1,995-0.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Price change | $1,999-7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/19/2024 | Price change | $2,150-2.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2024 | Listed for rent | $2,199-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2024 | Listing removed | $2,277$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2023 | Sold | $340,000+54.5%$183/sqft |
Source: | ||
| 10/31/2022 | Sold | $220,000+280.8%$118/sqft |
Source: Public Record Report a problem | ||
| 10/4/2013 | Sold | $57,776-65.4%$31/sqft |
Source: Public Record Report a problem | ||
| 7/19/2005 | Sold | $167,000+89.8%$90/sqft |
Source: | ||
| 8/14/1996 | Sold | $88,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,695 +57.5% | $270,400 +58.7% |
| 2023 | $1,712 +6.2% | $170,400 +3.6% |
| 2022 | $1,611 -2.8% | $164,500 +17.2% |
| 2021 | $1,657 +9.4% | $140,300 +19.3% |
| 2020 | $1,515 +40.4% | $117,600 +24.1% |
| 2019 | $1,079 +14.9% | $94,800 +9.7% |
| 2018 | $939 +30% | $86,400 +44.6% |
| 2017 | $722 | $59,750 +14.7% |
| 2016 | $722 | $52,100 -0.9% |
| 2014 | $722 | $52,550 -0.6% |
| 2013 | -- | $52,850 |
| 2012 | $375 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,031 | -- |
| 2008 | -- | -- |
| 2007 | $1,054 -66% | -- |
| 2006 | $3,099 +83.4% | -- |
| 2005 | $1,690 | -- |
| 2004 | -- | -- |
| 2001 | $1,526 -3.4% | $95,500 -0.5% |
| 2000 | $1,579 | $96,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98512
Nearby schools
GreatSchools rating
- 8/10Michael T Simmons Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Tumwater Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10A G West Black Hills High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Michael T Simmons El
- Middle: Tumwater Mid
- High: A G West Black Hills
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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