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2501 53rd Way

Olympia, WA 98501

3 bd 3 ba 3,593 sqft Built 1991 Lot 14,976 sqft single_family
Most recent sale
$675,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $675,000 NWMLS
Mar 20, 2024 Listed $675,000 NWMLS
May 11, 2019 Listing removed NWMLS
May 9, 2019 Sold $488,708 Public Record
Mar 30, 2019 Price changed $494,000 NWMLS
Mar 22, 2019 Price changed $510,000 NWMLS
Mar 15, 2019 Listed $525,000 NWMLS
Feb 23, 2001 Sold $227,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $558,500 $158,000 $716,500 $7,527
2025 $558,500 $158,000 $716,500 $6,260
2024 $560,100 $160,800 $720,900 $7,452
2023 $560,100 $160,800 $720,900 $7,352
2022 $498,900 $110,500 $609,400 $7,147
2021 $410,700 $84,000 $494,700 $6,330
2020 $387,400 $96,300 $483,700 $6,281
2019 $402,400 $78,800 $481,200 $5,820
2018 $352,800 $64,500 $417,300 $5,636
2017 $320,100 $67,100 $387,200 $5,070
2016 $281,100 $84,050 $365,150 $4,683
2015 $286,500 $85,350 $371,850 $4,909
2014 $248,300 $70,900 $319,200 $4,302
2013 $252,600 $66,300 $318,900 $4,544
2011 $253,500 $77,150 $330,650 $4,444
2010 $260,900 $91,050 $351,950 $4,145
2008 $256,800 $118,050 $374,850 $4,057
2007 $272,000 $124,750 $396,750 $4,307

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,593 sqft
Lot size
14,976 sqft
ZIP code
98501
City
Olympia
Street
53rd Way
Coordinates
46.99855, -122.86783

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2501 53rd Way last sell?
2501 53rd Way most recently sold on Apr 15, 2024 for $675,000.
What is the current tax assessment for 2501 53rd Way?
The most recent total assessment for 2501 53rd Way (year 2026) is $716,500 with $7,527 in property tax.
How does 2501 53rd Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $675,000.
When was 2501 53rd Way built?
2501 53rd Way was built in 1991.
How does 2501 53rd Way compare to others on 53rd Way?
We track 3 other properties on 53rd Way. Browse the list under "Other properties on 53rd Way" to compare beds, baths, and sale history.
What are the property facts for 2501 53rd Way?
2501 53rd Way is a 3 bed, 3 bath, 3,593 sqft, 14,976 sqft lot single_family.
Is 2501 53rd Way a flip candidate?
No — 2501 53rd Way does not appear in our flips dataset.
Is 2501 53rd Way a tax-appeal candidate?
No — 2501 53rd 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
+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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