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  • 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
    : 
    $2,659/mo
    Get pre-qualified
    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
    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.
    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#: 2541398MLS Logo

      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

        $327,000

        $311,000 - $343,000

        $2,125/mo

        Price history

        DateEventPrice
        8/16/2026Price change$2,350-1.9%$1/sqft
        Source: Zillow Rentals Report a problem
        8/3/2026Price change$2,395-2.2%$1/sqft
        Source: Zillow Rentals Report a problem
        7/27/2026Price change$327,500-0.1%$176/sqft
        Source: NWMLS as distributed by MLS GRID #2541398 Report a problem
        7/27/2026Price change$2,450+2.1%$1/sqft
        Source: Zillow Rentals Report a problem
        7/22/2026Price change$327,990-0.3%$176/sqft
        Source: NWMLS as distributed by MLS GRID #2541398 Report a problem
        7/20/2026Price change$328,888-0.3%$177/sqft
        Source: NWMLS as distributed by MLS GRID #2541398 Report a problem
        7/11/2026Price change$329,990-1.5%$177/sqft
        Source: NWMLS as distributed by MLS GRID #2541398 Report a problem
        6/30/2026Price change$334,990-4.3%$180/sqft
        Source: NWMLS as distributed by MLS GRID #2541398 Report a problem
        6/28/2026Price change$2,399-2.1%$1/sqft
        Source: Zillow Rentals Report a problem
        6/25/2026Price change$2,450-1.8%$1/sqft
        Source: Zillow Rentals Report a problem
        6/18/2026Listed for sale$349,988+2.9%$188/sqft
        Source: NWMLS as distributed by MLS GRID #2541398 Report a problem
        6/9/2026Price change$2,495-4%$1/sqft
        Source: Zillow Rentals Report a problem
        6/2/2026Price change$2,599-1.9%$1/sqft
        Source: Zillow Rentals Report a problem
        5/31/2026Price change$2,650-1.9%$1/sqft
        Source: Zillow Rentals Report a problem
        5/28/2026Listed for rent$2,700+12.7%$1/sqft
        Source: Zillow Rentals Report a problem
        5/15/2025Listing removed$2,395$1/sqft
        Source: Zillow Rentals Report a problem
        4/27/2025Price change$2,395-4.2%$1/sqft
        Source: Zillow Rentals Report a problem
        4/19/2025Price change$2,4990%$1/sqft
        Source: Zillow Rentals Report a problem
        4/8/2025Listed for rent$2,500+25.3%$1/sqft
        Source: Zillow Rentals Report a problem
        2/2/2025Listing removed$1,995$1/sqft
        Source: Zillow Rentals Report a problem
        1/15/2025Price change$1,995-0.2%$1/sqft
        Source: Zillow Rentals Report a problem
        11/23/2024Price change$1,999-7%$1/sqft
        Source: Zillow Rentals Report a problem
        11/19/2024Price change$2,150-2.2%$1/sqft
        Source: Zillow Rentals Report a problem
        10/18/2024Listed for rent$2,199-3.4%$1/sqft
        Source: Zillow Rentals Report a problem
        10/9/2024Listing removed$2,277$1/sqft
        Source: Zillow Rentals Report a problem
        9/1/2023Sold$340,000+54.5%$183/sqft
        Source: NWMLS as distributed by MLS GRID #2044146 Report a problem
        10/31/2022Sold$220,000+280.8%$118/sqft
        Source: Public Record Report a problem
        10/4/2013Sold$57,776-65.4%$31/sqft
        Source: Public Record Report a problem
        7/19/2005Sold$167,000+89.8%$90/sqft
        Source: NWMLS as distributed by MLS GRID #25084192 Report a problem
        8/14/1996Sold$88,000$47/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98512

        Getting around

        64 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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