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  • Listed by: RE/MAX Parkside Affiliates • Michael Duggins
    $619,900

    3062 Banks Lane SW, Olympia, WA 98512

    3beds
    1,968sqft
    : 
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    Single Family Residence
    Built in 2009
    3,232 Square Feet Lot
    $614,500 Zestimate®
    $315/sqft
    $65/mo HOA

    What's special

    Expansive rooftop deckSleek finishesModern kitchenBamboo flooringNatural lightPanoramic viewsSoaring windows
    Welcome to The Overlook at Somerset Hills, this meticulously maintained residence offers panoramic views and refined living. Featuring 3 bedrooms and 3 bath, this 1,968 soft home showcases an open, contemporary floor plan enhanced by a dramatic wall of windows that flood the interiors with natural light, emphasizing breathtaking scenic views of the State Capitol, Mount Rainier, the Olympic Mountains, and the lake. The expansive rooftop deck provides an exceptional setting for relaxation or entertaining, offering unparalleled views. The flexible layout includes primary suites on two levels, supporting multi-generational living or guest accommodations. Additional highlights encompass soaring windows, bamboo flooring, and bright, open spaces. The modern kitchen is equipped with an eating bar and sleek finishes, promoting both style and functionality. A third bedroom allows for further versatility, ideal for guests or a home office. The exceptional rooftop deck, complete with a prep loft featuring a sink and mini-fridge, elevates outdoor entertaining. Conveniently located near shopping, schools, parks, and major freeways, this property presents a rare combination of striking design, prime location, and outstanding outdoor amenities.
    20 days
    |
    358
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Duggins,

    RE/MAX Parkside Affiliates

    Source: NWMLS as distributed by MLS GRID,MLS#: 2544733MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Main
      Entry hall
      • Level: Main
      Great room
      • Level: Second
      Kitchen with eating space
      • Level: Second
      Utility room
      • Level: Main
      Heating
      • Fireplace, Forced Air, Electric, Natural Gas
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Refrigerator(s), Water Heater: Gas, Water Heater Location: Garage
      Features
      • Bath Off Primary, Ceiling Fan(s), Pantry
      • Flooring: Bamboo/Cork, Carpet
      • Windows: Dbl Pane/Storm Window
      • Number of fireplaces: 1
      • Fireplace features: Gas, Upper Level: 1, Fireplace
      Interior area
      • Total structure area: 1,968
      • Total interior livable area: 1,968 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Pantry, Walk-In Closet(s), Water Heater, Wet Bar
      • Has view: Yes
      • View description: Mountain(s), Territorial
      Lot
      • Size: 3,232 Square Feet
      • Features: Curbs, Paved, Cable TV, High Speed Internet, Patio, Rooftop Deck
      • Topography: Level,Sloped
      Details
      • Parcel number: 66990011800
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 3 Story
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Flat,Torch Down
      Condition
      • Year built: 2009
      • Major remodel year: 2009

      Utilities & green energy

      • Electric: Company: Puget Sound Energy
      • Sewer: Sewer Connected, Company: City of Tumwater
      • Water: Public, Company: City of Tumwater
      • Utilities for property: Xfinity, Xfinity

      Community & HOA

      Community
      • Features: CCRs
      • Subdivision: Tumwater Hill
      HOA
      • Services included: Common Area Maintenance
      • HOA fee: $65 monthly
      • HOA phone: 425-897-3400
      Location
      • Region: Tumwater

      Financial & listing details

      • Price per square foot: $315/sqft
      • Tax assessed value: $533,500
      • Annual tax amount: $5,077
      • Date on market: 6/24/2026
      • Cumulative days on market: 22 days
      • Listing terms: Conventional,VA Loan
      • Inclusions: Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        $614,500

        $584,000 - $645,000

        $2,833/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$619,900+103.4%$315/sqft
        Source: NWMLS as distributed by MLS GRID #2544733 Report a problem
        12/14/2016Sold$304,719-9%$155/sqft
        Source: Public Record Report a problem
        9/7/2010Sold$335,000$170/sqft
        Source: NWMLS as distributed by MLS GRID #29111123 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,309 +2.4%$533,500 +3%
        2023$5,187 +4%$518,200 +1.4%
        2022$4,985 +0.1%$510,900 +20.7%
        2021$4,980 +3.5%$423,200 +12.9%
        2020$4,811 +6.7%$375,000 +0.3%
        2019$4,510 +0.4%$373,900 +2.8%
        2018$4,491 +21.7%$363,600 +26.3%
        2017$3,691 $288,000 +2.1%
        2016$3,691 $282,100 +4.1%
        2014$3,691 $271,000 +2.8%
        2013-- $263,500
        2012$3,314 --
        2011-- --
        2010-- --
        2008-- --
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98512

        Getting around

        36 / 100
        Car-Dependent
        42 / 100
        Some Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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