2221 Capitol Way
Olympia, WA 98501
4 bd 4 ba 2,439 sqft Built 1940 Lot 5,980 sqft multi_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $335,200 | $280,000 | $615,200 | $6,105 |
| 2025 | $335,200 | $280,000 | $615,200 | $5,976 |
| 2024 | $324,000 | $255,500 | $579,500 | $6,059 |
| 2023 | $307,700 | $285,300 | $593,000 | $5,778 |
| 2022 | $251,600 | $189,400 | $441,000 | $5,268 |
| 2021 | $283,900 | $131,100 | $415,000 | $5,357 |
| 2020 | $203,100 | $167,100 | $370,200 | $4,899 |
| 2019 | $213,100 | $129,100 | $342,200 | $4,205 |
| 2018 | $198,600 | $107,400 | $306,000 | $4,121 |
| 2017 | $187,900 | $65,700 | $253,600 | $3,170 |
| 2016 | $133,900 | $68,450 | $202,350 | $2,457 |
| 2015 | $91,300 | $72,250 | $163,550 | $2,048 |
| 2014 | $81,900 | $72,250 | $154,150 | $1,975 |
| 2013 | $83,800 | $76,050 | $159,850 | $2,173 |
| 2011 | $134,000 | $71,500 | $205,500 | $2,855 |
| 2010 | $170,400 | $67,950 | $238,350 | $2,802 |
| 2008 | $237,800 | $67,300 | $305,100 | $2,795 |
| 2007 | $224,500 | $62,250 | $286,750 | $2,913 |
Property facts
Year built
1940
Property type
multi_family
Stories
2
Beds
4
Baths
4
Living area
2,439 sqft
Lot size
5,980 sqft
ZIP code
98501
City
Olympia
Street
Capitol Way
Coordinates
47.02854, -122.90146
Comparable properties nearby
Frequently asked questions
When did 2221 Capitol Way last sell?
No public-record sale is on file for 2221 Capitol Way.
What is the current tax assessment for 2221 Capitol Way?
The most recent total assessment for 2221 Capitol Way (year 2026) is $615,200 with $6,105 in property tax.
When was 2221 Capitol Way built?
2221 Capitol Way was built in 1940.
How does 2221 Capitol Way compare to others on Capitol Way?
We track 8 other properties on Capitol Way. Browse the list under "Other properties on Capitol Way" to compare beds, baths, and sale history.
What are the property facts for 2221 Capitol Way?
2221 Capitol Way is a 4 bed, 4 bath, 2,439 sqft, 5,980 sqft lot multi_family.
Is 2221 Capitol Way a flip candidate?
No — 2221 Capitol Way does not appear in our flips dataset.
Is 2221 Capitol Way a tax-appeal candidate?
No — 2221 Capitol 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
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$587.4K
2026 Q4
$598.6K
ZIP 98501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Capitol Way