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Sold
    • Listed by: John L. Scott Lacey • Jake DeAtley
    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
    $664,600 Zestimate®
    $183/sqft
    $3,451 Estimated rent

    Home value

    $664,600

    $605,000 - $731,000

    $3,451/mo

    Zestimate® history
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    What's special

    Large windowsSurrounded in greeneryAda featuresFunctional floorplanHigh-end finishesMain-level bedroomUpdated wraparound deck
    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.

    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#: 2317489MLS Logo

    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,1 1/2 Story
    • 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 & HOA

    Community
    • Subdivision: Capital Campus
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $183/sqft
    • Tax assessed value: $554,000
    • Annual tax amount: $5,852
    • Date on market: 2/25/2025
    • Cumulative days on market: 512 days
    • Listing terms: Conventional,FHA,State Bond,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), LeasedEquipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    1/30/2025Sold$600,000-4%$183/sqft
    Source: NWMLS as distributed by MLS GRID #2317489 Report a problem
    12/25/2024Pending sale$625,000$191/sqft
    Source: NWMLS as distributed by MLS GRID #2317489 Report a problem
    12/19/2024Listed for sale$625,000+316.7%$191/sqft
    Source: NWMLS as distributed by MLS GRID #2317489 Report a problem
    1/31/1996Sold$150,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

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    Estimated market value
    $664,600
    Get a cash offer in 3 minutes
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    Estimated market value
    $664,600

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