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8038 61st Ave

Olympia, WA 98516

3 bd 1 ba 1,224 sqft Built 1946 Lot 32,234 sqft single_family
Most recent sale
$735,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2025 Listed $950,000 NWMLS
Nov 3, 2024 Price changed $1,049,000 NWMLS
Oct 17, 2024 Listed $1,100,000 NWMLS
Aug 15, 2022 Sold $735,000 MLS #1949957
Jun 21, 2022 Price changed $779,900 MLS #1949957
Jun 10, 2022 Listed $799,900 MLS #1949957

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $179,800 $557,400 $737,200 $8,281
2025 $179,800 $557,400 $737,200 $8,424
2024 $188,500 $459,100 $647,600 $6,416
2023 $196,700 $399,800 $596,500 $5,992
2022 $136,100 $375,700 $511,800 $6,140
2021 $136,100 $375,700 $511,800 $5,915
2020 $103,700 $353,600 $457,300 $5,363
2019 $85,500 $339,000 $424,500 $4,242
2018 $76,900 $289,700 $366,600 $4,781
2017 $82,000 $260,500 $342,500 $3,985
2016 $98,400 $194,400 $292,800 $3,696
2015 $90,100 $181,400 $271,500 $3,473
2014 $69,200 $177,450 $246,650 $3,331
2013 $64,300 $177,450 $241,750 $3,705
2012 $75,300 $179,400 $254,700 $3,599
2011 $81,200 $197,150 $278,350 $3,543
2010 $99,700 $197,150 $296,850 $4,052
2008 $109,100 $269,750 $378,850 $4,237
2007 $127,800 $277,000 $404,800 $3,299

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,224 sqft
Lot size
32,234 sqft
ZIP code
98516
City
Olympia
Street
61st Ave
Coordinates
47.11990, -122.76827

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
$2,815
Gross rental yield
4.60%
Implied cap rate
2.99%
Trend-extrapolated value

Frequently asked questions

When did 8038 61st Ave last sell?
8038 61st Ave most recently sold on Aug 15, 2022 for $735,000.
What is the current tax assessment for 8038 61st Ave?
The most recent total assessment for 8038 61st Ave (year 2026) is $737,200 with $8,281 in property tax.
How does 8038 61st Ave's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $735,000.
When was 8038 61st Ave built?
8038 61st Ave was built in 1946.
How does 8038 61st Ave compare to others on 61st Ave?
We track 8 other properties on 61st Ave. Browse the list under "Other properties on 61st Ave" to compare beds, baths, and sale history.
What are the property facts for 8038 61st Ave?
8038 61st Ave is a 3 bed, 1 bath, 1,224 sqft, 32,234 sqft lot single_family.
Is 8038 61st Ave a flip candidate?
No — 8038 61st Ave does not appear in our flips dataset.
Is 8038 61st Ave a tax-appeal candidate?
No — 8038 61st 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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