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7609 12th Way

Olympia, WA 98516

3 bd 1 ba 1,004 sqft Built 1969 Lot 7,700 sqft single_family
Most recent sale
$395,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 8, 2022 Listed $395,000 MLS #1985989
Oct 7, 2022 Sold $395,000 MLS #1985989
Sep 16, 2022 Price changed $395,000 MLS #1985989
Aug 26, 2022 Listed $409,000 MLS #1985989
Feb 6, 2012 Sold $150,000 Public Record
Nov 28, 2011 Price changed $154,900 MLS #280174
Oct 20, 2011 Price changed $159,900 MLS #280174
Sep 30, 2011 Listed $169,900 MLS #280174
Aug 5, 2011 Listed $169,900 MLS #259391
Jul 11, 1997 Sold $89,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $252,900 $128,100 $381,000 $4,103
2025 $252,900 $128,100 $381,000 $3,887
2024 $231,500 $107,800 $339,300 $3,395
2023 $268,700 $87,200 $355,900 $3,577
2022 $188,800 $88,800 $277,600 $3,383
2021 $188,800 $88,800 $277,600 $2,576
2020 $108,700 $85,700 $194,400 $2,240
2019 $110,900 $61,700 $172,600 $2,038
2018 $116,600 $55,200 $171,800 $2,166
2017 $98,600 $50,700 $149,300 $1,893
2016 $88,100 $46,750 $134,850 $1,835
2015 $83,700 $48,100 $131,800 $1,782
2014 $76,500 $48,100 $124,600 $1,606
2013 $73,800 $41,300 $115,100 $1,564
2012 $65,600 $41,000 $106,600 $1,872
2011 $82,700 $59,600 $142,300 $1,791
2010 $83,000 $66,300 $149,300 $1,773
2008 $92,500 $76,750 $169,250 $1,726
2007 $91,700 $74,500 $166,200 $1,659

Property facts

Year built
1969
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,004 sqft
Lot size
7,700 sqft
ZIP code
98516
City
Olympia
Street
12th Way
Coordinates
47.05695, -122.77714

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
$2,309
Gross rental yield
7.01%
Implied cap rate
4.56%
Trend-extrapolated value

Frequently asked questions

When did 7609 12th Way last sell?
7609 12th Way most recently sold on Oct 7, 2022 for $395,000.
What is the current tax assessment for 7609 12th Way?
The most recent total assessment for 7609 12th Way (year 2026) is $381,000 with $4,103 in property tax.
How does 7609 12th Way's assessment compare to its last sale price?
The current assessment is 3.5% below the last sale price of $395,000.
When was 7609 12th Way built?
7609 12th Way was built in 1969.
How does 7609 12th Way compare to others on 12th Way?
We track 8 other properties on 12th Way. Browse the list under "Other properties on 12th Way" to compare beds, baths, and sale history.
What are the property facts for 7609 12th Way?
7609 12th Way is a 3 bed, 1 bath, 1,004 sqft, 7,700 sqft lot single_family.
Is 7609 12th Way a flip candidate?
No — 7609 12th Way does not appear in our flips dataset.
Is 7609 12th Way a tax-appeal candidate?
No — 7609 12th Way 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
+0.1%
Implied 1-yr
+0.2%
2026 Q3
$633.3K
2026 Q4
$633.6K
ZIP 98516 — Median Price History + Forecast

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