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407 Decatur St

Olympia, WA 98502

3 bd 1 ba 1,282 sqft Built 1947 Lot 5,500 sqft single_family
Most recent sale
$485,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $485,000 MLS #1943159
Jun 16, 2022 Listed $439,950 MLS #1943159
Jun 14, 2017 Sold $248,000 MLS #1107247

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $252,400 $182,500 $434,900 $4,593
2025 $252,400 $182,500 $434,900 $4,384
2024 $259,100 $135,700 $394,800 $4,131
2023 $241,500 $106,900 $348,400 $3,478
2022 $205,500 $96,200 $301,700 $3,607
2021 $205,500 $96,200 $301,700 $3,176
2020 $155,400 $90,300 $245,700 $3,087
2019 $175,400 $57,600 $233,000 $2,663
2018 $164,900 $51,500 $216,400 $2,774
2017 $154,600 $51,200 $205,800 $2,260
2016 $113,100 $67,450 $180,550 $2,089
2015 $111,900 $60,000 $171,900 $2,119
2014 $109,200 $60,000 $169,200 $1,913
2013 $93,800 $55,450 $149,250 $1,937
2012 $88,100 $54,300 $142,400 $2,122
2011 $99,900 $65,700 $165,600 $2,199
2010 $110,300 $73,100 $183,400 $2,164
2008 $122,800 $88,650 $211,450 $1,971
2007 $113,700 $88,200 $201,900 $2,005

Property facts

Year built
1947
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,282 sqft
Lot size
5,500 sqft
ZIP code
98502
City
Olympia
Street
Decatur St
Coordinates
47.04880, -122.92271

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,949
Gross rental yield
7.30%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 407 Decatur St last sell?
407 Decatur St most recently sold on Jul 15, 2022 for $485,000.
What is the current tax assessment for 407 Decatur St?
The most recent total assessment for 407 Decatur St (year 2026) is $434,900 with $4,593 in property tax.
How does 407 Decatur St's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $485,000.
When was 407 Decatur St built?
407 Decatur St was built in 1947.
How does 407 Decatur St compare to others on Decatur St?
We track 8 other properties on Decatur St. Browse the list under "Other properties on Decatur St" to compare beds, baths, and sale history.
What are the property facts for 407 Decatur St?
407 Decatur St is a 3 bed, 1 bath, 1,282 sqft, 5,500 sqft lot single_family.
Is 407 Decatur St a flip candidate?
No — 407 Decatur St does not appear in our flips dataset.
Is 407 Decatur St a tax-appeal candidate?
No — 407 Decatur St 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
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$606.6K
2026 Q4
$603K
ZIP 98502 — Median Price History + Forecast

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