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5305 Cedar Flats Rd

Olympia, WA 98512

3 bd 1 ba 1,248 sqft Built 1974 Lot 20,038 sqft single_family
Most recent sale
$360,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $360,000 MLS #1975825
Aug 3, 2022 Listed $375,000 MLS #1975825
Jul 26, 2010 Listed $189,000 MLS #108976
Sep 3, 2009 Listed $199,999 MLS #29126499
Mar 5, 2009 Listed $199,999 MLS #29032589
Dec 9, 2005 Sold $187,500 Public Record
May 9, 2003 Sold $131,000 Public Record
Apr 27, 1993 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $166,100 $185,000 $351,100 $4,023
2025 $166,100 $185,000 $351,100 $3,703
2024 $168,100 $139,200 $307,300 $3,451
2023 $175,000 $123,300 $298,300 $3,294
2022 $144,100 $79,000 $223,100 $2,825
2021 $144,100 $79,000 $223,100 $2,787
2020 $108,100 $91,800 $199,900 $2,262
2019 $97,300 $60,300 $157,600 $2,183
2018 $113,300 $59,100 $172,400 $2,160
2017 $94,900 $59,300 $154,200 $1,982
2016 $95,400 $50,350 $145,750 $1,760
2015 $77,900 $50,950 $128,850 $1,890
2014 $92,200 $44,600 $136,800 $2,001
2013 $93,600 $49,000 $142,600 $1,778
2012 $71,600 $47,500 $119,100 $1,870
2011 $81,000 $52,650 $133,650 $2,116
2010 $90,200 $71,650 $161,850 $1,839
2008 $105,900 $91,400 $197,300 $2,207
2007 $109,800 $94,350 $204,150 $1,895

Property facts

Year built
1974
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,248 sqft
Lot size
20,038 sqft
ZIP code
98512
City
Olympia
Street
Cedar Flats Rd
Coordinates
47.02856, -122.99366

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,870
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 5305 Cedar Flats Rd last sell?
5305 Cedar Flats Rd most recently sold on Sep 22, 2022 for $360,000.
What is the current tax assessment for 5305 Cedar Flats Rd?
The most recent total assessment for 5305 Cedar Flats Rd (year 2026) is $351,100 with $4,023 in property tax.
How does 5305 Cedar Flats Rd's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $360,000.
When was 5305 Cedar Flats Rd built?
5305 Cedar Flats Rd was built in 1974.
How does 5305 Cedar Flats Rd compare to others on Cedar Flats Rd?
We track 7 other properties on Cedar Flats Rd. Browse the list under "Other properties on Cedar Flats Rd" to compare beds, baths, and sale history.
What are the property facts for 5305 Cedar Flats Rd?
5305 Cedar Flats Rd is a 3 bed, 1 bath, 1,248 sqft, 20,038 sqft lot single_family.
Is 5305 Cedar Flats Rd a flip candidate?
No — 5305 Cedar Flats Rd does not appear in our flips dataset.
Is 5305 Cedar Flats Rd a tax-appeal candidate?
No — 5305 Cedar Flats Rd 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
+9.3%
Implied 1-yr
+37.3%
2026 Q3
$1.07M
2026 Q4
$1.13M
ZIP 98512 — Median Price History + Forecast

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