Skip main navigation
Off market
  • $473,700

    5541 Colby Ct SE, Olympia, WA 98501

    4beds
    1,939sqft
    Townhouse
    Built in ----
    -- sqft lot
    $473,700 Zestimate®
    $244/sqft
    $2,662 Estimated rent

    Home value

    $473,700

    $450,000 - $497,000

    $2,662/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,662/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,662/mo

    Rent Zestimate®

    Refinance and save

    $2,868/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,868/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Back patioDriveway parkingLarge master suiteSpacious walk in closetLinen closetFront landscapingOpen and spacious floorplans

    May Rent Free! + Reduced Rent to $2675! Available NOW 4 Bedroom 2.5 Bath townhome with fenced yard and 2 car garage This spacious townhome is nestled at the end of a residential cul-de-sac. Sandpiper Townhomes is a professionally managed community that boasts open and spacious floorplans with ample storage and closet/cabinet space. First floor consists of a large living area open to the kitchen & dining. Sliding glass door off living area leads to back patio and fenced yard perfect for BBQ and Fido. Kitchen includes refrigerator, dishwasher, stove, pantry and easy access to the 2 car garage for bringing in the groceries. Upstairs through the loft is the large master suite with spacious walk in closet and full private master bath with his hers sinks and shower. Also off the loft is a 2nd bedroom, separate laundry room with a full sized washer dryer, and linen closet. Down the hall is the upstairs full bath with tub and two more front facing bedrooms. Front landscaping is included. 20X22 2 car garage and driveway parking Sandpiper townhomes is located off Yelm Highway close to the Indian Summer Golf Course and Country Club, Chehalis Western Trail, and local shopping and dining. Our pet friendly townhomes have a private fenced in dog area on the property and is also conveniently located near the Olympia Dog Park. Do a little fishing, have a picnic, take out a kayak, enjoy some nature trails, take a swim! There are various lakes, parks and athletic fields nearby to enjoy the great pacific northwest. Pattison Lake, Long Lake, Rainier Vista Community Park, Pioneer Park, LBA Park, Brigs Community YMCA. Local dining options include the Firecreek Ail House, Aloha Acai Cafe, and Embers Restaurant. Sandpiper is near public transit and the Amtrak Station, and is a quick 25 minute commute to JBLM. Schools: Timberland High School, Komachin Middle School, Horizons Elementary School. Lease Terms & Fees Security Deposit: $1,250 Holding Deposit: $250 Application Fee: $45 per adult Lease Term: 1-year lease Move-In Costs First full month's rent is due at move-in Prorated rent (if applicable) is due with the second month's rent Admin Fee: $250 (due at move-in) Pet Policy Pets are welcome! Pet Fee: $500 per household (non-refundable) Pet Deposit: $250 per pet Pet Rent: $25 per pet, per month No breed restrictions or weight limits Maximum: 2 pets per household All pets must be approved through Pet Screening during the application process, application fee may apply Utilities & Resident Responsibilities Resident pays all utilities Renters Insurance Required Smoking Policy No smoking policy applies to all properties Includes vaping and marijuana No smoking permitted in the unit or garage Screening Criteria Income must be 2.5x the monthly rent Positive credit history Positive rental history Criminal history reviewed case-by-case Portable or reusable background screening reports are not accepted Parking Driveway: 2 vehicle maximum Garage: 2 vehicle Public Street parking available (Please disregard Pet Fee/Deposit schedule provided by Zillow, it does not allow us to enter specifics)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,939 sqft

    Property

    Parking
    • Parking features: Attached, Garage, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air, Landscaping included in rent, Lawn, No Utilities included in rent, Pet Park, Walk In Closet
    Details
    • Parcel number: 72090001500

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse

    Community & HOA

    Community
    • Deposit fee: $1,250
    • Application fee: $45
    • Administrative fee: $250
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $422,300
    • Annual tax amount: $4,486
    • Date on market: 3/17/2026
    • Date available: 05/15/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    6/2/2026Listing removed$2,675$1/sqft
    Source: Zillow Rentals Report a problem
    5/15/2026Price change$2,675-2.7%$1/sqft
    Source: Zillow Rentals Report a problem
    2/3/2026Listed for rent$2,750+7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    4/7/2025Listing removed$2,567$1/sqft
    Source: Zillow Rentals Report a problem
    3/31/2025Price change$2,567-4.9%$1/sqft
    Source: Zillow Rentals Report a problem
    2/26/2025Listed for rent$2,700+54.3%$1/sqft
    Source: Zillow Rentals Report a problem
    12/6/2018Listing removed$1,750$1/sqft
    Source: Zillow Rental Network Report a problem
    11/28/2018Listed for rent$1,750$1/sqft
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,486 -0.5%$422,300 -8.5%
    2023$4,510 -8%$461,300 -7.5%
    2022$4,901 +17.1%$498,500 +42.2%
    2021$4,186 +13.5%$350,500 +22%
    2020$3,689 +19.9%$287,200 +4%
    2019$3,076 -11.2%$276,200 +2.2%
    2018$3,466 +19.8%$270,200 +17.1%
    2017$2,894 $230,650 +3.6%
    2016$2,894 $222,700 +5.3%
    2014$2,894 $211,400 +8.2%
    2013-- $195,450
    2012$2,358 --
    2011-- --
    2010-- --
    2009$2,281 --
    2008-- --
    2007$2,293 --
    Find assessor info on the county website

    Neighborhood: 98501

    Nearby schools

    GreatSchools rating
    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
    $473,700
    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
    $473,700