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  • Listed by: eXp Realty • Mark Ellis
    Bought with: Marketplace Sotheby's Intl Rty
    $1,240,000

    7024 50th Lane NW, Olympia, WA 98502

    4beds
    3,890sqft
    Single Family Residence
    Built in 2013
    5 Acres Lot
    $1,245,600 Zestimate®
    $319/sqft
    $4,749 Estimated rent

    Home value

    $1,245,600

    $1.15M - $1.35M

    $4,749/mo

    Zestimate® history
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    What's special

    Circular drivewaySoaring ceilingsWood wrapped windowsCrown moldingHardwood flooringCustom primary bathroomLarge walk-in closet
    A rare opportunity to experience a lifestyle of luxury in one of Olympia’s most desired neighborhoods – RimRock. Arriving at this incredible property will take your breath away with its dramatic setting. Circular driveway, beautifully landscaped with custom water feature, and an expansive driveway for all your toys. Soaring ceilings with grand staircase will welcome you Home. This 4 bed/2.5 bath home has the highest quality & design throughout, including hardwood flooring, vaulted ceilings, wood wrapped windows, crown molding, granite counter tops, and custom primary bathroom with large walk-in closet. Completely flat 5-acre property with plenty of room for future shop. This is the house you've been waiting for. It’s time to upgrade!

    Zillow last checked:

    Listing updated:

    Offers reviewed: Mar 22
    Listed by:

    Mark Ellis,

    eXp Realty

    Bought with:

    Nicole Griffiths, 125121

    Marketplace Sotheby's Intl Rty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2343079MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Other
    • Level: Main
    Den office
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Heat Pump, Hot Water Recirc Pump, Electric, Natural Gas
    Cooling
    • Forced Air, Heat Pump
    Appliances
    • Included: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Propane, Water Heater Location: Garage
    Features
    • Central Vacuum, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Hardwood, Carpet
    • Doors: French Doors
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 3,890
    • Total interior livable area: 3,890 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Attached Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Built-In Vacuum, Ceiling Fan(s), Ceramic Tile, Dining Room, Fireplace, French Doors, Security System, Water Heater
    Lot
    • Size: 5 Acres
    • Features: Dead End Street, Cable TV, Deck, High Speed Internet, Patio
    • Residential vegetation: Brush, Garden Space, Wooded
    Details
    • Parcel number: 13926320300
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 2 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement/Concrete, Stone, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 2013

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Private, Company: Private Well

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Steamboat Island
    HOA
    • HOA fee: $21 monthly
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $319/sqft
    • Tax assessed value: $1,069,300
    • Annual tax amount: $8,359
    • Offers reviewed: 03/22/2025
    • Date on market: 5/5/2025
    • Cumulative days on market: 443 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    4/7/2025Sold$1,240,000+3.3%$319/sqft
    Source: NWMLS as distributed by MLS GRID #2343079 Report a problem
    3/24/2025Pending sale$1,200,000$308/sqft
    Source: NWMLS as distributed by MLS GRID #2343079 Report a problem
    3/20/2025Listed for sale$1,200,000+114.3%$308/sqft
    Source: NWMLS as distributed by MLS GRID #2343079 Report a problem
    10/9/2014Sold$560,000-6.7%$144/sqft
    Source: NWMLS as distributed by MLS GRID #681180 Report a problem
    9/9/2014Pending sale$599,950$154/sqft
    Source: Greene Realtors #681180 Report a problem
    8/20/2014Listed for sale$599,950+370.5%$154/sqft
    Source: Greene Realtors #681180 Report a problem
    2/20/2013Sold$127,500$33/sqft
    Source: NWMLS as distributed by MLS GRID #434526 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,359 +8.7%$1,069,300 +5.7%
    2023$7,687 -3.9%$1,011,300 -1.9%
    2022$7,998 -1.1%$1,031,400 +14.6%
    2021$8,090 +10.3%$900,300 +14.7%
    2020$7,333 -3.4%$785,100 +5%
    2019$7,588 -6.1%$747,800 +4%
    2018$8,080 +29.3%$719,000 +17%
    2017$6,248 $614,500 +7.8%
    2016$6,248 $569,950 +7.6%
    2014$6,248 $529,850 +102.4%
    2013-- $261,800
    Find assessor info on the county website

    Neighborhood: 98502

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Griffin Elem
    • Middle: Griffin Mid School
    • High: Capital 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
    $1,245,600
    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
    $1,245,600