RARE OPPORTUNITY to own your own personal waterfront retreat! This PNW legacy property offers coveted southwestern exposure 180-degree sunset views over Puget Sound’s Totten Inlet. Private 1 acre lot offers beach access via path. Light and bright living spaces. The home boasts a beautiful modern kitchen with quartz countertops & a waterfall peninsula. The private master en-suite has stunning water views, private deck & large walk-in closet. Income potential abounds w/ lower-level studio apartment w/ separate entrance for short term rental income or multigenerational living opportunities. Griffin schools. Priced to sell! Home is part of an estate sale. Priced well below assessed value to reflect exterior work needed.
Sold
Listed by: Virgil Adams Real Estate, Inc. • Spence Weigand
Bought with: Actum Realty
$725,000
5543 78th Avenue NW, Olympia, WA 98502
3beds
2,205sqft
Single Family Residence
Built in 1988
1.11 Acres Lot
$722,600 Zestimate®
$329/sqft
$3,393 Estimated rent
Home value
$722,600
$665,000 - $788,000
$3,393/mo
Zestimate® history
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List your homeWhat's special
Gas fireplaceUpdated kitchenSeparate entranceSpacious primary suiteWalk-in closetPrivate bathroomMaturely landscaped grounds
Zillow last checked:
Listing updated:
Listed by:
Spence Weigand,
Virgil Adams Real Estate, Inc.
Bought with:
Joseph Mathew Fanelli, 27724
Actum Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2269651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Heating
- Fireplace, Forced Air, Wall Unit(s), Electric, Propane
Cooling
- None
Features
- Bath Off Primary
- Flooring: Hardwood, Vinyl, Carpet
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,205
- Total interior livable area: 2,205 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Double Pane/Storm Window, Fireplace, Hardwood, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet
- Has view: Yes
- View description: Bay, Sound
- Has water view: Yes
- Water view: Bay,Sound
- Waterfront features: Bank-High, Bulkhead, Saltwater, Sound
- Frontage length: Waterfront Ft: 105' Totten Inlet
Lot
- Size: 1.11 Acres
- Features: Cul-De-Sac, Dead End Street, Paved, Secluded, Cable TV, Deck, High Speed Internet
- Topography: Level,Partial Slope,Sloped
- Residential vegetation: Fruit Trees
Details
- Parcel number: 39310002400
- Zoning description: RL1/1,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1988
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: Septic
- Water: Community, Company: Thurston PUD
- Utilities for property: Comcast/Xfinity, Comcast/Xfinity
Community & HOA
Community
- Subdivision: Steamboat Island
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $329/sqft
- Tax assessed value: $1,018,000
- Annual tax amount: $9,024
- Date on market: 9/29/2024
- Cumulative days on market: 661 days
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2025 | Sold | $725,000+59%$329/sqft |
Source:  NWMLS as distributed by MLS GRID #2269651 Report a problem | ||
| 10/2/2013 | Listing removed | $455,900$207/sqft |
Source: Cevado Technologies #515147 Report a problem | ||
| 8/16/2013 | Price change | $455,900-3%$207/sqft |
Source: Cevado Technologies #515147 Report a problem | ||
| 7/12/2013 | Listed for sale | $469,900$213/sqft |
Source: Cevado Technologies #515147 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,958 +573.2% | $1,018,000 +4.8% |
| 2023 | $1,182 -44.7% | $971,600 +8.2% |
| 2022 | $2,139 -26.5% | $897,700 +15.8% |
| 2021 | $2,911 +15.1% | $775,400 +21.1% |
| 2020 | $2,529 -4.9% | $640,200 +11.5% |
| 2019 | $2,659 -4.4% | $574,000 +17.4% |
| 2018 | $2,782 -45.1% | $488,800 -4% |
| 2017 | $5,069 | $509,300 +9.4% |
| 2016 | $5,069 | $465,500 +8.6% |
| 2014 | $5,069 | $428,700 +4.2% |
| 2013 | -- | $411,600 |
| 2012 | $5,843 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $4,280 | -- |
| 2008 | -- | -- |
| 2007 | $4,487 -26.5% | -- |
| 2006 | $6,103 +82.2% | -- |
| 2005 | $3,350 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,952 -0.7% | $229,700 +3.1% |
| 2000 | $2,972 | $222,700 |
Find assessor info on the county website
Neighborhood: 98502
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Nearby schools
GreatSchools rating
- 8/10Griffin SchoolGrades: PK-8Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Griffin Elem
- Middle: Griffin Mid School
- High: Capital 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
$722,600
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
$722,600
- Washington
- Thurston County
- Olympia
- 98502
- 5543 78th Avenue NW
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