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614 12th Ave

Olympia, WA 98501

3 bd 2 ba 2,700 sqft Built 1937 Lot 9,360 sqft single_family
Most recent sale
$489,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $489,000 MLS #1934987
Jun 7, 2022 Price changed $469,000 MLS #1934987
May 21, 2022 Listed $497,000 MLS #1934987
Oct 9, 2015 Listing removed $1,390 NWMLS
Jul 11, 2015 Listed for rent $1,390 NWMLS
Dec 7, 2010 Listing removed $1,300 NWMLS
Oct 1, 2010 Listed for rent $1,300 NWMLS
Nov 24, 2009 Listing removed $1,350 NWMLS
Oct 6, 2009 Listed for rent $1,350 NWMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $384,500 $198,100 $582,600 $6,150
2025 $384,500 $198,100 $582,600 $5,430
2024 $347,100 $156,100 $503,200 $5,263
2023 $301,100 $131,000 $432,100 $4,312
2022 $257,500 $113,600 $371,100 $4,435
2021 $206,600 $99,000 $305,600 $3,947
2020 $204,800 $78,900 $283,700 $3,756
2019 $206,400 $71,600 $278,000 $3,418
2018 $184,900 $69,400 $254,300 $3,426
2017 $161,600 $83,800 $245,400 $3,068
2016 $167,200 $69,700 $236,900 $2,875
2015 $148,500 $69,700 $218,200 $2,730
2014 $150,100 $69,700 $219,800 $2,812
2013 $142,000 $66,400 $208,400 $2,831
2012 $142,000 $66,400 $208,400 $2,847
2011 $149,300 $73,050 $222,350 $3,112
2010 $187,300 $72,550 $259,850 $2,774
2008 $203,500 $94,050 $297,550 $2,885
2007 $196,500 $99,450 $295,950 $2,996

Property facts

Year built
1937
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,700 sqft
Lot size
9,360 sqft
ZIP code
98501
City
Olympia
Street
12th Ave
Coordinates
47.03798, -122.89362

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,934
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 614 12th Ave last sell?
614 12th Ave most recently sold on Jul 18, 2022 for $489,000.
What is the current tax assessment for 614 12th Ave?
The most recent total assessment for 614 12th Ave (year 2026) is $582,600 with $6,150 in property tax.
How does 614 12th Ave's assessment compare to its last sale price?
The current assessment is 19.1% above the last sale price of $489,000.
When was 614 12th Ave built?
614 12th Ave was built in 1937.
How does 614 12th Ave compare to others on 12th Ave?
We track 8 other properties on 12th Ave. Browse the list under "Other properties on 12th Ave" to compare beds, baths, and sale history.
What are the property facts for 614 12th Ave?
614 12th Ave is a 3 bed, 2 bath, 2,700 sqft, 9,360 sqft lot single_family.
Is 614 12th Ave a flip candidate?
No — 614 12th Ave does not appear in our flips dataset.
Is 614 12th Ave a tax-appeal candidate?
Yes — 614 12th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$587.4K
2026 Q4
$598.6K
ZIP 98501 — Median Price History + Forecast

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