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.
Pending inspection
Listed by: RE/MAX Parkside Affiliates • Kavita M Kamat
$435,000
505 Frederick Street NE, Olympia, WA 98506
2beds
1,305sqft
Single Family Residence
Built in 1949
6,943 Square Feet Lot
$423,100 Zestimate®
$333/sqft
$-- HOA
What's special
- 37 days |
- 1,229 |
- 58 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kavita M Kamat,
RE/MAX Parkside Affiliates
Source: NWMLS as distributed by MLS GRID,MLS#: 2533115
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: 6/4/2026
- Cumulative days on market: 38 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$423,100
$402,000 - $444,000
$2,169/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Pending sale | $435,000$333/sqft |
Source:  NWMLS as distributed by MLS GRID #2533115 Report a problem | ||
| 6/4/2026 | Listed for sale | $435,000+237.2%$333/sqft |
Source: NWMLS as distributed by MLS GRID #2533115 Report a problem | ||
| 9/8/2003 | Sold | $129,000+33%$99/sqft |
Source: NWMLS as distributed by MLS GRID #23080965 Report a problem | ||
| 8/20/1998 | Sold | $97,000$74/sqft |
Source: NWMLS as distributed by MLS GRID #33164918 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $88,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Upper Eastside
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.8 mi
- 8/10Reeves Middle SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Olympia High SchoolGrades: 9-12Distance: 2.2 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Washington
- Thurston County
- Olympia
- 98506
- Upper Eastside
- 505 Frederick Street NE
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