3505 Central St
Olympia, WA 98501
2 bd 1 ba 952 sqft Built 1961 coop
Most recent sale
$245,000
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 30, 2025 | Sold | $270,000 | NWMLS |
| May 1, 2025 | Listed | $269,900 | NWMLS |
| Aug 11, 2022 | Sold | $245,000 | MLS #1957424 |
| Jun 23, 2022 | Listed | $230,000 | MLS #1957424 |
| Mar 13, 2020 | Sold | $135,000 | MLS #1561986 |
| Feb 6, 2020 | Listed | $134,900 | MLS #1561986 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $156,300 | $82,000 | $238,300 | $2,521 |
| 2025 | $156,300 | $82,000 | $238,300 | $2,404 |
| 2024 | $130,200 | $65,500 | $195,700 | $2,052 |
| 2023 | $128,200 | $58,700 | $186,900 | $1,870 |
| 2022 | $97,400 | $77,500 | $174,900 | $1,386 |
| 2021 | $97,400 | $77,500 | $174,900 | $1,942 |
| 2020 | $77,500 | $72,500 | $150,000 | $1,810 |
| 2019 | $68,100 | $68,200 | $136,300 | $1,400 |
| 2018 | $56,200 | $57,200 | $113,400 | $1,226 |
| 2017 | $43,400 | $47,400 | $90,800 | $1,007 |
| 2016 | $39,000 | $41,000 | $80,000 | $965 |
| 2015 | $38,500 | $40,450 | $78,950 | $1,040 |
| 2014 | $42,200 | $40,450 | $82,650 | $1,109 |
| 2013 | $45,800 | $40,450 | $86,250 | $1,028 |
| 2012 | $36,900 | $38,350 | $75,250 | $1,180 |
| 2011 | $43,000 | $48,800 | $91,800 | $1,282 |
| 2010 | $47,400 | $59,250 | $106,650 | $1,323 |
| 2008 | $82,100 | $38,000 | $120,100 | $1,184 |
| 2007 | $81,900 | $39,150 | $121,050 | $1,227 |
Property facts
Year built
1961
Property type
coop
Stories
—
Beds
2
Baths
1
Living area
952 sqft
Lot size
—
ZIP code
98501
City
Olympia
Street
Central St
Coordinates
47.01636, -122.88322
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,190
Gross rental yield
10.73%
Implied cap rate
6.97%
Trend-extrapolated value
—
Frequently asked questions
When did 3505 Central St last sell?
3505 Central St most recently sold on Aug 11, 2022 for $245,000.
What is the current tax assessment for 3505 Central St?
The most recent total assessment for 3505 Central St (year 2026) is $238,300 with $2,521 in property tax.
How does 3505 Central St's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $245,000.
When was 3505 Central St built?
3505 Central St was built in 1961.
How does 3505 Central St compare to others on Central St?
We track 8 other properties on Central St. Browse the list under "Other properties on Central St" to compare beds, baths, and sale history.
What are the property facts for 3505 Central St?
3505 Central St is a 2 bed, 1 bath, 952 sqft coop.
Is 3505 Central St a flip candidate?
No — 3505 Central St does not appear in our flips dataset.
Is 3505 Central St a tax-appeal candidate?
No — 3505 Central St 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 Central St