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    • Listed by: RE/MAX Parkside Affiliates • Kavita M Kamat
    Bought with: RE/MAX Realty South
    $435,000

    505 Frederick Street NE, Olympia, WA 98506

    2beds
    1,305sqft
    Single Family Residence
    Built in 1949
    6,943 Square Feet Lot
    $433,400 Zestimate®
    $333/sqft
    $2,408 Estimated rent

    Home value

    $433,400

    $412,000 - $455,000

    $2,408/mo

    Zestimate® history
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    What's special

    Charming East Olympia cottage blending classic character with thoughtful updates in an exceptionally convenient location! This 2-bedroom, 1-bath home with a finished basement offers comfortable living spaces filled with natural light thanks to large windows throughout. Beautiful hardwood floors add warmth and timeless appeal, while the cozy gas fireplace in the living room creates the perfect gathering space year-round.The kitchen and dining area are bright and the covered porch in the front is a perfect spot for beverages. The BRAND NEW sliding glass door (2026) opens to an inviting outdoor retreat designed for entertaining. The fully fenced backyard features charming landscaping, historic mature rhododendrons & plenty of room to relax, garden, or host . Major updates provide peace of mind, including a BRAND NEW SEPTIC TANK (May 2026), NEW ROOF (2025), NEW SIDING (2023) & exterior PAINT (2024), updated interior paint within the past few years, replacement windows and newer sheetrock in the basement. Spacious one car garage & driveway parking! Ideally situated in a peaceful, established neighborhood with no HOA, this home offers easy access to downtown Olympia, public transit, I-5, and everyday conveniences. Enjoy being within walking distance of local bakeries, cafes, restaurants, and grocery stores while still enjoying the quiet charm of a well-established community. Move-in ready and full of character, this East Olympia gem is one you won't want to miss.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kavita M Kamat,

    RE/MAX Parkside Affiliates

    Bought with:

    Erin McCready, 125399

    RE/MAX Realty South

    Source: NWMLS as distributed by MLS GRID,MLS#: 2533115MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Other
    • Level: Lower
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Garage
    Heating
    • Fireplace, Forced Air, Electric, Natural Gas
    Cooling
    • Forced Air
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Garage
    Features
    • Flooring: Concrete, Hardwood, Vinyl
    • Windows: Dbl Pane/Storm Window
    • Basement: Daylight,Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,305
    • Total interior livable area: 1,305 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Attached Garage, Off Street
    • Has attached garage: Yes
    • Covered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Dbl Pane/Storm Window, Fireplace, Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 6,943 Square Feet
    • Features: Paved, Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
    • Residential vegetation: Fruit Trees, Garden Space
    Details
    • Parcel number: 46000300300
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story w/Bsmnt.
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1949

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank, Company: Septic
    • Water: Public, Company: City of Olympia
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Eastside Olympia
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $333/sqft
    • Tax assessed value: $381,500
    • Annual tax amount: $4,262
    • Date on market: 7/31/2026
    • Cumulative days on market: 34 days
    • Listing terms: Conventional,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    8/3/2026Sold$435,000$333/sqft
    Source: NWMLS as distributed by MLS GRID #2533115 Report a problem
    7/8/2026Pending sale$435,000$333/sqft
    Source: NWMLS as distributed by MLS GRID #2533115 Report a problem
    6/4/2026Listed for sale$435,000+237.2%$333/sqft
    Source: NWMLS as distributed by MLS GRID #2533115 Report a problem
    9/8/2003Sold$129,000+33%$99/sqft
    Source: NWMLS as distributed by MLS GRID #23080965 Report a problem
    8/20/1998Sold$97,000$74/sqft
    Source: NWMLS as distributed by MLS GRID #33164918 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,001 +8.7%$381,500 +8.5%
    2023$3,680 +6%$351,600 +1.2%
    2022$3,471 +4.8%$347,600 +25.6%
    2021$3,311 +11%$276,800 +20%
    2020$2,982 +18.6%$230,700 +6.6%
    2019$2,515 -0.9%$216,500 +6%
    2018$2,537 +12.2%$204,300 +7.8%
    2017$2,261 $189,550 +5.6%
    2016$2,261 $179,450 -0.6%
    2014$2,261 $180,550 +9.6%
    2013-- $164,700
    2012$2,035 --
    2011-- --
    2010-- --
    2009$1,963 --
    2008-- --
    2007$2,038 -29.6%--
    2006$2,893 +55.3%--
    2005$1,863 --
    2004-- --
    2002-- --
    2001$1,596 +14.8%$102,400 +15.4%
    2000$1,390 $88,700
    Find assessor info on the county website

    Neighborhood: Upper Eastside

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Roosevelt Elementary
    • Middle: Reeves 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
    $433,400
    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
    $433,400

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