Excellent investment opportunity on the waterfront of Black Lake. This 1 bedroom, 1 full bath fixer-upper offers potential for renovation, investment or a personal getaway. The property also includes a one car detached garage and deck for enjoying warm summer nights. Property features views of Mt. Rainer and lake front provides recreational opportunities from paddleboarding to boating. Bring your vision and tools to unlock the potential of this property in a sought after area.
Sold
Listed by: BHGRE - Northwest Home Team • Julie Paasch
Bought with: Evergreen State Homes
$355,000
4435 Black Lake Blvd SW, Olympia, WA 98512
1beds
638sqft
Single Family Residence
Built in 1951
8,276 Square Feet Lot
$353,900 Zestimate®
$556/sqft
$1,646 Estimated rent
Home value
$353,900
$329,000 - $379,000
$1,646/mo
Zestimate® history
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$2,214/mo
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List your homeWhat's special
Waterfront of black lakeOne car detached garage
Zillow last checked:
Listing updated:
Offers reviewed: May 17
Listed by:
Julie Paasch,
BHGRE - Northwest Home Team
Bought with:
Ida Crigger, 121393
Evergreen State Homes
Source: NWMLS as distributed by MLS GRID,MLS#: 2521647
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- See Remarks, Oil
Cooling
- None
Appliances
- Included: Refrigerator, Stove(s)/Range(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Closet
Features
- Flooring: Ceramic Tile, Laminate, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 638
- Total interior livable area: 638 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Water Heater
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Lake
- Frontage length: Waterfront Ft: 70
Lot
- Size: 8,276 Square Feet
- Dimensions: 70 x 120, 70 x 46
- Features: Paved, Deck, Dock
- Topography: Level
Details
- Parcel number: 12831130104
- Zoning: RL1-2
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Fixer
- Year built: 1951
- Major remodel year: 1986
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Well
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Black Lake
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $556/sqft
- Tax assessed value: $240,600
- Annual tax amount: $3,450
- Offers reviewed: 05/17/2026
- Date on market: 6/26/2026
- Cumulative days on market: 26 days
- Listing terms: Conventional
- Inclusions: Refrigerator(s), Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $355,000+14.5%$556/sqft |
Source:  NWMLS as distributed by MLS GRID #2521647 Report a problem | ||
| 5/18/2026 | Pending sale | $310,000$486/sqft |
Source: NWMLS as distributed by MLS GRID #2521647 Report a problem | ||
| 5/12/2026 | Listed for sale | $310,000+244.4%$486/sqft |
Source: NWMLS as distributed by MLS GRID #2521647 Report a problem | ||
| 6/27/1996 | Sold | $90,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,036 +7.7% | $240,600 +10.7% |
| 2023 | $2,820 -0.2% | $217,300 -1.7% |
| 2022 | $2,825 +1.8% | $221,100 +16% |
| 2021 | $2,776 +6.3% | $190,600 +19.2% |
| 2020 | $2,612 +22.3% | $159,900 +27.7% |
| 2019 | $2,135 +1.6% | $125,200 -8.5% |
| 2018 | $2,101 +6.9% | $136,900 +19.4% |
| 2017 | $1,965 | $114,700 -2.4% |
| 2016 | $1,965 | $117,500 +0.9% |
| 2014 | $1,965 | $116,400 -1.4% |
| 2013 | -- | $118,000 |
| 2012 | $1,830 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,828 | -- |
| 2008 | -- | -- |
| 2007 | $1,600 -8.1% | -- |
| 2006 | $1,742 +22.2% | -- |
| 2005 | $1,426 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,323 -2.6% | $82,400 |
| 2000 | $1,358 | $82,400 |
Find assessor info on the county website
Neighborhood: 98512
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Nearby schools
GreatSchools rating
- 5/10Black Lake Elementary SchoolGrades: K-5Distance: 1.4 mi
- 8/10Tumwater Middle SchoolGrades: 6-8Distance: 2.7 mi
- 8/10A G West Black Hills High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Black Lake Elem
- Middle: Tumwater Mid
- High: A G West Black Hills
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
$353,900
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
$353,900
- Washington
- Thurston County
- Olympia
- 98512
- 4435 Black Lake Blvd SW
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