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5574 Nelson Rd

Olalla, WA 98359

3 bd 2 ba 1,768 sqft Built 1978 Lot 207,781 sqft single_family
Most recent sale
$600,000
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2021 Sold $600,000 MLS #1848599
Nov 24, 2021 Price changed $599,990 MLS #1848599
Nov 11, 2021 Listed $625,000 MLS #1848599
May 18, 1999 Sold $134,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $426,110 $173,070 $599,180 $5,249
2025 $426,110 $173,070 $599,180 $5,223
2024 $426,110 $173,070 $599,180 $5,065
2023 $348,370 $138,460 $486,830 $5,032
2022 $314,790 $123,620 $438,410 $4,881
2021 $314,790 $123,620 $438,410 $4,649
2020 $252,890 $104,580 $357,470 $3,918
2019 $240,130 $98,630 $338,760 $3,385
2018 $219,720 $89,270 $308,990 $3,667
2017 $198,030 $89,270 $287,300 $3,161
2016 $173,790 $85,020 $258,810 $3,112
2015 $169,970 $85,020 $254,990 $3,026
2014 $152,860 $80,070 $232,930 $2,850
2013 $152,860 $80,070 $232,930 $2,722
2012 $152,860 $80,070 $232,930 $2,842
2011 $158,110 $96,560 $254,670 $2,739
2010 $158,110 $96,560 $254,670 $2,722
2009 $168,610 $102,450 $271,060 $2,607
2008 $192,230 $117,760 $309,990 $2,624

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,768 sqft
Lot size
207,781 sqft
ZIP code
98359
City
Olalla
Street
Nelson Rd
Coordinates
47.41756, -122.58046

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,066
Gross rental yield
8.13%
Implied cap rate
5.29%
Trend-extrapolated value

Frequently asked questions

When did 5574 Nelson Rd last sell?
5574 Nelson Rd most recently sold on Dec 29, 2021 for $600,000.
What is the current tax assessment for 5574 Nelson Rd?
The most recent total assessment for 5574 Nelson Rd (year 2026) is $599,180 with $5,249 in property tax.
How does 5574 Nelson Rd's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $600,000.
When was 5574 Nelson Rd built?
5574 Nelson Rd was built in 1978.
How does 5574 Nelson Rd compare to others on Nelson Rd?
We track 8 other properties on Nelson Rd. Browse the list under "Other properties on Nelson Rd" to compare beds, baths, and sale history.
What are the property facts for 5574 Nelson Rd?
5574 Nelson Rd is a 3 bed, 2 bath, 1,768 sqft, 207,781 sqft lot single_family.
Is 5574 Nelson Rd a flip candidate?
No — 5574 Nelson Rd does not appear in our flips dataset.
Is 5574 Nelson Rd a tax-appeal candidate?
No — 5574 Nelson Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.8%
2026 Q3
$630.4K
2026 Q4
$636K
ZIP 98359 — Median Price History + Forecast

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