Affordable home located in a peaceful and rustic setting on a huge lot. While this property requires your vision and love to reach its full potential, it offers exceptional value with spacious parking and a huge well-kept yard. It's perfect for investors or first time buyers seeking that elusive diamond in the rough. You'll enjoy a cute and quiet place to call home with abundant nature all around. This is a rare opportunity to own a home, build equity, and create your dream space.
Active
Listed by: Vantage Point Brokers, LLC • Aaron Walker
$279,000
5411 62nd Avenue SW, Olympia, WA 98512
2beds
1,872sqft
Single Family Residence
Built in 1930
2.36 Acres Lot
$349,100 Zestimate®
$149/sqft
$-- HOA
What's special
Abundant nature all aroundHuge lotHuge well-kept yardSpacious parking
- 2 days |
- 1,854 |
- 159 |
Zillow last checked:
Listing updated:
Listed by:
Aaron Walker,
Vantage Point Brokers, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2556099
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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
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric
Cooling
- Forced Air
Appliances
- Included: See Remarks
Features
- Flooring: Laminate, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Driveway, Off Street
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Fireplace
- Has view: Yes
- View description: Territorial
Lot
- Size: 2.36 Acres
- Features: Paved, Fenced-Partially, Outbuildings
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 09530005002
- Zoning: RRR1/5
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Block
- Roof: Composition
Condition
- Average
- Year built: 1930
- Major remodel year: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Individual Well
Community & HOA
Community
- Subdivision: Black Lake
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $398,800
- Annual tax amount: $4,709
- Date on market: 7/15/2026
- Cumulative days on market: 4 days
- Listing terms: Conventional,Rehab Loan,See Remarks
- Inclusions: See Remarks
Estimated market value
$349,100
$279,000 - $419,000
$1,712/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $279,000$149/sqft |
Source:  NWMLS as distributed by MLS GRID #2556099 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,465 +6.3% | $398,800 +9% |
| 2023 | $4,201 +11.3% | $365,900 +11.2% |
| 2022 | $3,775 +5.9% | $329,000 +20.7% |
| 2021 | $3,566 +5.1% | $272,500 +16.7% |
| 2020 | $3,395 +16.6% | $233,600 -0.3% |
| 2019 | $2,911 +2.4% | $234,400 +11% |
| 2018 | $2,842 0% | $211,100 +17.1% |
| 2017 | $2,843 | $180,300 -1.4% |
| 2016 | $2,843 | $182,850 -4.6% |
| 2014 | $2,843 | $191,650 |
| 2011 | -- | -- |
| 2009 | $3,455 | -- |
| 2008 | -- | -- |
| 2007 | $3,219 -12.4% | -- |
| 2006 | $3,674 +72.8% | -- |
| 2005 | $2,127 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $412 -3% | $24,800 |
| 2000 | $424 | $24,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98512
Nearby schools
GreatSchools rating
- 5/10Black Lake Elementary SchoolGrades: K-5Distance: 1.8 mi
- 8/10Tumwater Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10A G West Black Hills High SchoolGrades: 9-12Distance: 2.5 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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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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