8901 48th Way
Olympia, WA 98516
3 bd 3 ba 2,491 sqft Built 1992 Lot 49,658 sqft single_family
Most recent sale
$700,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $700,000 | MLS #1960198 |
| Aug 5, 2022 | Price changed | $729,000 | MLS #1960198 |
| Jul 15, 2022 | Price changed | $750,000 | MLS #1960198 |
| Jul 1, 2022 | Listed | $790,000 | MLS #1960198 |
| Oct 9, 2020 | Sold | $605,000 | MLS #1640806 |
| Sep 26, 2020 | Relisted | $599,000 | MLS #1640806 |
| Aug 6, 2020 | Listed | $599,000 | MLS #1640806 |
| Aug 27, 2003 | Sold | $332,000 | Public Record |
| Jun 13, 1990 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $466,800 | $246,100 | $712,900 | $7,560 |
| 2025 | $466,800 | $246,100 | $712,900 | $7,916 |
| 2024 | $494,700 | $217,700 | $712,400 | $6,981 |
| 2023 | $575,600 | $167,000 | $742,600 | $7,319 |
| 2022 | $459,900 | $166,000 | $625,900 | $7,459 |
| 2021 | $459,900 | $166,000 | $625,900 | $6,574 |
| 2020 | $347,700 | $165,400 | $513,100 | $6,259 |
| 2019 | $389,100 | $113,700 | $502,800 | $5,324 |
| 2018 | $368,900 | $99,900 | $468,800 | $6,023 |
| 2017 | $339,000 | $93,000 | $432,000 | $5,493 |
| 2016 | $318,000 | $92,100 | $410,100 | $5,370 |
| 2015 | $320,500 | $83,650 | $404,150 | $5,336 |
| 2014 | $307,400 | $83,650 | $391,050 | $4,863 |
| 2013 | $287,300 | $79,250 | $366,550 | $5,157 |
| 2012 | $295,700 | $74,850 | $370,550 | $5,312 |
| 2010 | $317,100 | $74,400 | $391,500 | $4,435 |
| 2008 | $350,500 | $94,650 | $445,150 | $4,373 |
| 2007 | $341,100 | $97,600 | $438,700 | $4,607 |
Property facts
Year built
1992
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,491 sqft
Lot size
49,658 sqft
ZIP code
98516
City
Olympia
Street
48th Way
Coordinates
47.10057, -122.75036
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,729
Gross rental yield
9.82%
Implied cap rate
6.38%
Trend-extrapolated value
—
Frequently asked questions
When did 8901 48th Way last sell?
8901 48th Way most recently sold on Sep 9, 2022 for $700,000.
What is the current tax assessment for 8901 48th Way?
The most recent total assessment for 8901 48th Way (year 2026) is $712,900 with $7,560 in property tax.
How does 8901 48th Way's assessment compare to its last sale price?
The current assessment is 1.8% above the last sale price of $700,000.
When was 8901 48th Way built?
8901 48th Way was built in 1992.
How does 8901 48th Way compare to others on 48th Way?
We do not currently track other properties on 48th Way.
What are the property facts for 8901 48th Way?
8901 48th Way is a 3 bed, 3 bath, 2,491 sqft, 49,658 sqft lot single_family.
Is 8901 48th Way a flip candidate?
No — 8901 48th Way does not appear in our flips dataset.
Is 8901 48th Way a tax-appeal candidate?
No — 8901 48th Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography