This charming vintage 4+ bedroom home in the highly sought-after Historic South Capitol neighborhood is just moments from the Capitol Campus, and something really special! You get the best of location, charm and character, plus everyday functionality all in one place- AND a stunning view of the Capitol Dome! Flexible living spaces, with lots of fun nooks, including a sunny living room, huge formal dining room; an eat-in kitchen that offers generous storage and great light. The gas fireplace adds warmth and comfort to the living room, while the inviting covered front porch is perfect for relaxed mornings with your coffee. An attached 2 car garage plus 2 additional off-alley parking spaces and ample street parking is a rare find in this area. Step outside and enjoy established landscaping featuring fruit tress, and a great patio sitting area in the fenced yard. This home offers classic charm, usable and flexible spaces, and an unbeatable location a stones throw to the Capitol Campus, downtown Olympia, parks, restaurants and all the amenities.
Sold
Listed by: Coldwell Banker Evergreen
Bought with: BHGRE - Northwest Home Team
$841,500
1617 Water Street SW, Olympia, WA 98501
4beds
2,344sqft
Single Family Residence
Built in 1928
5,052.96 Square Feet Lot
$841,100 Zestimate®
$359/sqft
$2,961 Estimated rent
Home value
$841,100
$782,000 - $908,000
$2,961/mo
Zestimate® history
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List your homeWhat's special
Gas fireplaceAmple street parkingEat-in kitchenGreat lightHuge formal dining roomFlexible living spacesInviting covered front porch
Zillow last checked:
Listing updated:
Offers reviewed: Apr 13
Listed by:
Julie Cooke,
Coldwell Banker Evergreen
Bought with:
Abigail Mondau, 115979
BHGRE - Northwest Home Team
Source: NWMLS as distributed by MLS GRID,MLS#: 2500128
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Main
Bonus room
- Level: Second
Den office
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Microwave(s), Refrigerator(s), Water Heater: Hybrid, Water Heater Location: Garage
Features
- Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Hardwood, Softwood
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,344
- Total interior livable area: 2,344 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Off Street
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceiling Fan(s), Dining Room, Fireplace, Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: See Remarks
Lot
- Size: 5,052 sqft
- Features: Curbs, Paved, Sidewalk, Fenced-Partially, High Speed Internet, Patio
- Topography: Level,Partial Slope
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 38600400500
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1928
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Olympia
- Water: Public, Company: City of Olympia
Community & neighborhood
Location
- Region: Olympia
- Subdivision: Capital Campus
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 6 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $841,500+8%$359/sqft |
Source:  NWMLS as distributed by MLS GRID #2500128 Report a problem | ||
| 4/14/2026 | Pending sale | $779,000$332/sqft |
Source: NWMLS as distributed by MLS GRID #2500128 Report a problem | ||
| 4/8/2026 | Listed for sale | $779,000+90.5%$332/sqft |
Source: NWMLS as distributed by MLS GRID #2500128 Report a problem | ||
| 4/16/2018 | Sold | $409,000+13.6%$174/sqft |
Source: NWMLS as distributed by MLS GRID #1276032 Report a problem | ||
| 8/17/2015 | Sold | $360,000-10%$154/sqft |
Source: NWMLS as distributed by MLS GRID #785283 Report a problem | ||
| 7/22/2015 | Pending sale | $399,950$171/sqft |
Source: Van Dorm Realtors #785283 Report a problem | ||
| 6/16/2015 | Price change | $399,950+6.7%$171/sqft |
Source: Van Dorm Realtors #785283 Report a problem | ||
| 5/14/2015 | Pending sale | $375,000$160/sqft |
Source: Van Dorm Realtors #785283 Report a problem | ||
| 5/12/2015 | Listed for sale | $375,000+1704.1%$160/sqft |
Source: Van Dorm Realtors #785283 Report a problem | ||
| 7/15/1996 | Sold | $20,786$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,253 +5.1% | $692,300 +4.8% |
| 2023 | $6,903 +18.6% | $660,300 +13.1% |
| 2022 | $5,821 -3.3% | $583,600 +15.8% |
| 2021 | $6,018 +12.6% | $503,800 +21.7% |
| 2020 | $5,344 +15.6% | $414,000 +4.6% |
| 2019 | $4,624 -0.6% | $395,800 +5.2% |
| 2018 | $4,651 +11.9% | $376,300 +4.9% |
| 2017 | $4,157 | $358,800 +5.9% |
| 2016 | $4,157 | $338,700 +1.9% |
| 2014 | $4,157 | $332,500 +6.1% |
| 2013 | -- | $313,400 |
| 2012 | $3,941 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,796 | -- |
| 2008 | -- | -- |
| 2007 | $2,877 -29.1% | -- |
| 2006 | $4,056 +44.8% | -- |
| 2005 | $2,802 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,087 -50.2% | $139,600 |
| 2000 | $2,184 | $139,600 |
Find assessor info on the county website
Neighborhood: South Captol
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Washington Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Olympia High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary
- Middle: Wash Mid
- High: Olympia 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
$841,100
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
$841,100
- Washington
- Thurston County
- Olympia
- 98501
- South Captol
- 1617 Water Street SW
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