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  • Listed by: Group 7 Inc., Real Estate Serv • Betty L Bailey
    Bought with: Keller Williams Realty
    $440,000

    231 Thomas Street NW, Olympia, WA 98502

    --beds
    --baths
    1,120sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $465,900 Zestimate®
    $393/sqft
    $2,186 Estimated rent

    Home value

    $465,900

    $443,000 - $489,000

    $2,186/mo

    Zestimate® history
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    What's special

    Great starter or investment home! Live in one side and collect rent from the other. Units feature wall to wall carpet covering hardwood floors, there are built-ins and archways in this charming 1948 duplex with detached double car garage giving a single bay to each unit. Separately metered utilities and electricity. Basically no vacancy over the years. Great West-side location and schools. Across the street from Woodruff Park! Unit at 231 will give notice to vacate within 60 days of closing. All leases are month to month.

    Zillow last checked:

    Listing updated:

    Listed by:

    Betty L Bailey,

    Group 7 Inc., Real Estate Serv

    Bought with:

    Dustan Reed, 21021139

    Keller Williams Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2226613MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Features
    • Flooring: Hardwood, Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 1,120
    • Total interior livable area: 1,120 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Covered spaces: 2
    • Uncovered spaces: 2
    Features
    • Patio & porch: Hardwood, Wall to Wall Carpet
    • Has view: Yes
    • View description: See Remarks, Territorial
    Lot
    • Size: 5,501 Square Feet
    • Dimensions: 50' x 110'
    • Features: Adjacent to Public Land, Curbs, Paved, Sidewalk, Cable TV, High Speed Internet
    Details
    • Parcel number: 85003301500
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1948

    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: Westside
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $393/sqft
    • Tax assessed value: $388,100
    • Annual tax amount: $3,937
    • Date on market: 6/12/2024
    • Cumulative days on market: 653 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    2/24/2025Listing removed$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    1/15/2025Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    6/18/2024Sold$440,000-11.1%$393/sqft
    Source: NWMLS as distributed by MLS GRID #2226613 Report a problem
    5/4/2024Pending sale$495,000$442/sqft
    Source: NWMLS as distributed by MLS GRID #2226613 Report a problem
    4/24/2024Listed for sale$495,000$442/sqft
    Source: NWMLS as distributed by MLS GRID #2226613 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,070 +3.4%$388,100 +3.2%
    2023$3,937 +17%$376,200 +11.6%
    2022$3,365 +23%$337,000 +47.4%
    2021$2,737 -2%$228,700 +5.9%
    2020$2,793 +25.6%$216,000 +8.6%
    2019$2,224 -8.9%$198,900 +10.1%
    2018$2,443 +65.3%$180,600 +35.8%
    2017$1,478 $132,950 +4.2%
    2016$1,478 $127,600 +8.4%
    2014$1,478 $117,750 +1.4%
    2013-- $116,150
    2012$1,522 --
    2011-- --
    2010-- --
    2009$1,610 --
    2008-- --
    2007$1,599 -36%--
    2006$2,497 +81.3%--
    2005$1,377 --
    2004-- --
    2002-- --
    2001$1,260 +9.1%$80,700 +9.6%
    2000$1,155 $73,600
    Find assessor info on the county website

    Neighborhood: Northwest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Garfield Elem
    • Middle: Jefferson Mid
    • 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
    $465,900
    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
    $465,900