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8308 56th Ave

Olympia, WA 98516

2 bd 3 ba 1,863 sqft Built 2021 Lot 5,000 sqft single_family
Most recent sale
$665,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 9, 2025 Sold $719,900 NWMLS
Nov 20, 2024 Listed $719,900 NWMLS
Apr 20, 2022 Sold $665,000 MLS #1902864
Mar 18, 2022 Listed $665,000 MLS #1902864
Dec 29, 2020 Sold $578,350 NWMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $499,300 $198,300 $697,600 $7,229
2025 $499,300 $198,300 $697,600 $6,545
2024 $444,200 $168,600 $612,800 $5,856
2023 $504,600 $96,100 $600,700 $5,714
2022 $462,500 $96,000 $558,500 $6,493
2021 $95,100 $95,100 $1,194

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,863 sqft
Lot size
5,000 sqft
ZIP code
98516
City
Olympia
Street
56th Ave
Coordinates
47.11216, -122.76358

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,285
Gross rental yield
7.73%
Implied cap rate
5.03%
Trend-extrapolated value

Frequently asked questions

When did 8308 56th Ave last sell?
8308 56th Ave most recently sold on Apr 20, 2022 for $665,000.
What is the current tax assessment for 8308 56th Ave?
The most recent total assessment for 8308 56th Ave (year 2026) is $697,600 with $7,229 in property tax.
How does 8308 56th Ave's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $665,000.
When was 8308 56th Ave built?
8308 56th Ave was built in 2021.
How does 8308 56th Ave compare to others on 56th Ave?
We track 8 other properties on 56th Ave. Browse the list under "Other properties on 56th Ave" to compare beds, baths, and sale history.
What are the property facts for 8308 56th Ave?
8308 56th Ave is a 2 bed, 3 bath, 1,863 sqft, 5,000 sqft lot single_family.
Is 8308 56th Ave a flip candidate?
No — 8308 56th Ave does not appear in our flips dataset.
Is 8308 56th Ave a tax-appeal candidate?
No — 8308 56th Ave 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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