2221 Cypress Pl
Olympia, WA 98501
4 bd 3 ba 2,262 sqft Built 1965 Lot 15,475 sqft single_family
Most recent sale
$576,250
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $576,250 | MLS #1933679 |
| May 13, 2022 | Listed | $580,000 | MLS #1933679 |
| Mar 23, 2020 | Sold | $200,000 | Public Record |
| Feb 11, 2020 | Sold | $401,000 | MLS #1556120 |
| Jan 22, 2020 | Listed | $369,000 | MLS #1556120 |
| Apr 25, 2011 | Sold | $214,320 | Public Record |
| Mar 13, 2011 | Listing removed | $224,500 | NWMLS |
| Jan 22, 2011 | Listed | $224,500 | MLS #174198 |
| Jan 14, 2011 | Listing removed | $224,500 | NWMLS |
| Jan 13, 2011 | Price changed | $224,500 | MLS #157523 |
| Dec 15, 2010 | Price changed | $239,900 | MLS #157523 |
| Nov 29, 2010 | Listed | $249,900 | MLS #157523 |
| May 30, 2002 | Sold | $137,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $328,700 | $190,500 | $519,200 | $5,482 |
| 2025 | $328,700 | $190,500 | $519,200 | $5,094 |
| 2024 | $328,800 | $164,300 | $493,100 | $5,157 |
| 2023 | $341,100 | $133,200 | $474,300 | $4,732 |
| 2022 | $274,800 | $118,200 | $393,000 | $4,696 |
| 2021 | $274,800 | $118,200 | $393,000 | $4,342 |
| 2020 | $211,300 | $124,900 | $336,200 | $4,180 |
| 2019 | $206,700 | $109,000 | $315,700 | $3,734 |
| 2018 | $191,000 | $112,700 | $303,700 | $3,613 |
| 2017 | $175,500 | $92,700 | $268,200 | $3,403 |
| 2016 | $186,900 | $85,350 | $272,250 | $3,024 |
| 2015 | $168,100 | $81,000 | $249,100 | $3,229 |
| 2014 | $178,300 | $79,850 | $258,150 | $2,896 |
| 2013 | $153,300 | $73,000 | $226,300 | $2,773 |
| 2012 | $131,800 | $72,300 | $204,100 | $2,828 |
| 2011 | $135,300 | $85,550 | $220,850 | $2,894 |
| 2010 | $148,300 | $93,300 | $241,600 | $2,610 |
| 2008 | $156,800 | $110,400 | $267,200 | $2,587 |
| 2007 | $168,100 | $97,200 | $265,300 | $2,757 |
Property facts
Year built
1965
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,262 sqft
Lot size
15,475 sqft
ZIP code
98501
City
Olympia
Street
Cypress Pl
Coordinates
47.02821, -122.86895
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,203
Gross rental yield
10.83%
Implied cap rate
7.04%
Trend-extrapolated value
—
Frequently asked questions
When did 2221 Cypress Pl last sell?
2221 Cypress Pl most recently sold on Jun 17, 2022 for $576,250.
What is the current tax assessment for 2221 Cypress Pl?
The most recent total assessment for 2221 Cypress Pl (year 2026) is $519,200 with $5,482 in property tax.
How does 2221 Cypress Pl's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $576,250.
When was 2221 Cypress Pl built?
2221 Cypress Pl was built in 1965.
How does 2221 Cypress Pl compare to others on Cypress Pl?
We do not currently track other properties on Cypress Pl.
What are the property facts for 2221 Cypress Pl?
2221 Cypress Pl is a 4 bed, 3 bath, 2,262 sqft, 15,475 sqft lot single_family.
Is 2221 Cypress Pl a flip candidate?
No — 2221 Cypress Pl does not appear in our flips dataset.
Is 2221 Cypress Pl a tax-appeal candidate?
No — 2221 Cypress Pl 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
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Geography