Take note of the charm and opportunity offered by this historic home (+ADU) in Olympia’s prominent South Capitol neighborhood, overlooking iconic Capitol Lake & surrounded in greenery. The primary residence features a main-level bedroom and endless potential to restore its classic appeal. The modern accessory dwelling unit (ADU), rebuilt in 2002 with high-end finishes, ADA features, a functional floorplan, and large windows, seamlessly connects indoor and outdoor living. The updated wraparound deck and full-sized feel/function make the ADU an attractive rental to offset your mortgage. Live on site & update the primary, multigenerational living, or simply rent both, this property offers great potential in a stunning and convenient location.
Sold
Listed by: John L. Scott Lacey
Bought with: Pettit Realty LLC
$600,000
1821 Water Street SW, Olympia, WA 98501
4beds
3,276sqft
Single Family Residence
Built in 1910
0.74 Acres Lot
$601,100 Zestimate®
$183/sqft
$3,675 Estimated rent
Home value
$601,100
$553,000 - $655,000
$3,675/mo
Zestimate® history
Owner options
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$3,675/mo
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$3,609/mo
Est. payment
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$3,609/mo
Est. payment
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List your homeWhat's special
Large windowsSurrounded in greeneryAda featuresFunctional floorplanHigh-end finishesMain-level bedroomUpdated wraparound deck
Zillow last checked:
Listing updated:
Listed by:
Jake DeAtley,
John L. Scott Lacey
Bought with:
Cynthia Niles, 17263
Pettit Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2317489
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Ductless HP-Mini Split, Forced Air, Electric, Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Gas, Water Heater Location: Utility room
Features
- Dining Room
- Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Main Level: 1, Fireplace
Interior area
- Total structure area: 2,352
- Total interior livable area: 3,276 sqft
Property
Parking
- Parking features: Driveway, Off Street, RV Parking
Features
- Entry location: Main
- Patio & porch: Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Hardwood, Laminate, Wall to Wall Carpet, Water Heater
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.74 Acres
- Features: Sidewalk, Cable TV, Deck, High Speed Internet, Patio, RV Parking
- Topography: Level,Steep Slope
- Residential vegetation: Wooded
Details
- Parcel number: 60500200500
- Zoning description: R-6-12,Jurisdiction: City
- Special conditions: Standard
- Other equipment: Leased Equipment: none
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1910
- Major remodel year: 1972
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Olympia
- Water: Public, Company: City of Olympia
- Utilities for property: Xfinity, Xfinity
Community & neighborhood
Location
- Region: Olympia
- Subdivision: Capital Campus
Other
Other facts
- Listing terms: Conventional,FHA,State Bond,VA Loan
- Cumulative days on market: 396 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2025 | Sold | $600,000-4%$183/sqft |
Source:  NWMLS as distributed by MLS GRID #2317489 Report a problem | ||
| 12/25/2024 | Pending sale | $625,000$191/sqft |
Source: NWMLS as distributed by MLS GRID #2317489 Report a problem | ||
| 12/19/2024 | Listed for sale | $625,000+316.7%$191/sqft |
Source: NWMLS as distributed by MLS GRID #2317489 Report a problem | ||
| 1/31/1996 | Sold | $150,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,806 -0.8% | $554,000 -1% |
| 2023 | $5,852 +7.8% | $559,600 +2.8% |
| 2022 | $5,430 -9.1% | $544,300 +8.9% |
| 2021 | $5,973 +10.5% | $500,000 +19.4% |
| 2020 | $5,407 +19.8% | $418,800 +7.5% |
| 2019 | $4,511 -1.7% | $389,500 +6.1% |
| 2018 | $4,589 -3.3% | $367,100 -7.2% |
| 2017 | $4,745 | $395,550 +2.5% |
| 2016 | $4,745 | $385,900 +1.7% |
| 2014 | $4,745 | $379,600 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $4,310 | -- |
| 2008 | -- | -- |
| 2007 | $4,456 -29.3% | -- |
| 2006 | $6,305 +68.3% | -- |
| 2005 | $3,747 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,234 -0.5% | $143,500 |
| 2000 | $2,244 | $143,500 |
Find assessor info on the county website
Neighborhood: South Captol
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Washington Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Olympia High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$601,100
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
$601,100
- Washington
- Thurston County
- Olympia
- 98501
- South Captol
- 1821 Water Street SW
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