607 Cherrywood Dr
Olympia, WA 98502
5 bd 3 ba 2,845 sqft Built 2011 Lot 4,780 sqft single_family
Most recent sale
$560,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $560,000 | MLS #1940330 |
| May 25, 2022 | Listed | $540,000 | MLS #1940330 |
| Oct 11, 2016 | Sold | $304,000 | Public Record |
| Aug 6, 2016 | Price changed | $307,000 | MLS #949668 |
| Jul 8, 2016 | Price changed | $319,000 | MLS #949668 |
| Jun 18, 2016 | Price changed | $324,900 | MLS #949668 |
| Jun 3, 2016 | Listed | $327,000 | MLS #949668 |
| Jul 15, 2011 | Sold | $279,116 | Public Record |
| May 2, 2011 | Listed | $281,922 | MLS #216132 |
| Jul 29, 2010 | Price changed | $283,064 | MLS #94308 |
| Jun 25, 2010 | Listed | $277,624 | MLS #94308 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $510,800 | $138,000 | $648,800 | $6,848 |
| 2025 | $510,800 | $138,000 | $648,800 | $6,583 |
| 2024 | $478,200 | $101,500 | $579,700 | $6,061 |
| 2023 | $499,200 | $73,600 | $572,800 | $5,713 |
| 2022 | $415,800 | $65,600 | $481,400 | $5,750 |
| 2021 | $415,800 | $65,600 | $481,400 | $5,128 |
| 2020 | $331,000 | $66,200 | $397,200 | $5,125 |
| 2019 | $337,300 | $50,000 | $387,300 | $4,598 |
| 2018 | $324,700 | $49,500 | $374,200 | $4,473 |
| 2017 | $287,800 | $44,300 | $332,100 | $4,000 |
| 2016 | $280,800 | $39,350 | $320,150 | $3,595 |
| 2015 | $249,400 | $46,900 | $296,300 | $3,504 |
| 2014 | $233,300 | $46,900 | $280,200 | $3,475 |
| 2013 | $224,800 | $46,900 | $271,700 | $3,520 |
| 2012 | $217,800 | $41,400 | $259,200 | $3,298 |
Property facts
Year built
2011
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
2,845 sqft
Lot size
4,780 sqft
ZIP code
98502
City
Olympia
Street
Cherrywood Dr
Coordinates
47.04351, -122.96238
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
$6,544
Gross rental yield
14.02%
Implied cap rate
9.11%
Trend-extrapolated value
—
Frequently asked questions
When did 607 Cherrywood Dr last sell?
607 Cherrywood Dr most recently sold on Jun 30, 2022 for $560,000.
What is the current tax assessment for 607 Cherrywood Dr?
The most recent total assessment for 607 Cherrywood Dr (year 2026) is $648,800 with $6,848 in property tax.
How does 607 Cherrywood Dr's assessment compare to its last sale price?
The current assessment is 15.9% above the last sale price of $560,000.
When was 607 Cherrywood Dr built?
607 Cherrywood Dr was built in 2011.
How does 607 Cherrywood Dr compare to others on Cherrywood Dr?
We track 4 other properties on Cherrywood Dr. Browse the list under "Other properties on Cherrywood Dr" to compare beds, baths, and sale history.
What are the property facts for 607 Cherrywood Dr?
607 Cherrywood Dr is a 5 bed, 3 bath, 2,845 sqft, 4,780 sqft lot single_family.
Is 607 Cherrywood Dr a flip candidate?
No — 607 Cherrywood Dr does not appear in our flips dataset.
Is 607 Cherrywood Dr a tax-appeal candidate?
Yes — 607 Cherrywood Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$606.6K
2026 Q4
$603K
ZIP 98502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherrywood Dr