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518 Malibu Dr

Olympia, WA 98503

2 bd 1 ba 1,230 sqft Built 1984 Lot 2,178 sqft single_family
Most recent sale
$365,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $365,000 MLS #1920494
Apr 23, 2022 Listed $350,000 MLS #1920494
Nov 30, 2006 Sold $145,000 Public Record
Sep 11, 2003 Sold $119,400 Public Record
Aug 31, 2000 Sold $90,000 Public Record
Nov 19, 1993 Sold $82,000 Public Record
May 23, 1986 Sold $49,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $257,500 $58,900 $316,400 $3,284
2025 $257,500 $58,900 $316,400 $3,154
2024 $234,500 $47,200 $281,700 $2,697
2023 $219,600 $42,300 $261,900 $2,496
2022 $163,700 $44,600 $208,300 $2,427
2021 $119,900 $51,500 $171,400 $2,145
2020 $114,700 $51,100 $165,800 $1,997
2019 $118,600 $39,700 $158,300 $1,735
2018 $103,800 $32,500 $136,300 $1,832
2017 $91,000 $32,950 $123,950 $1,584
2016 $82,500 $33,000 $115,500 $1,468
2015 $72,300 $33,000 $105,300 $1,380
2014 $65,500 $31,650 $97,150 $1,233
2013 $66,600 $31,950 $98,550 $1,314
2012 $66,600 $31,950 $98,550 $1,472
2011 $79,300 $41,450 $120,750 $1,535
2010 $88,100 $50,300 $138,400 $1,403
2008 $98,000 $60,400 $158,400 $1,548
2007 $100,700 $59,200 $159,900 $1,508

Property facts

Year built
1984
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,230 sqft
Lot size
2,178 sqft
ZIP code
98503
City
Olympia
Street
Malibu Dr
Coordinates
47.04599, -122.79928

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,829
Gross rental yield
9.30%
Implied cap rate
6.05%
Trend-extrapolated value

Frequently asked questions

When did 518 Malibu Dr last sell?
518 Malibu Dr most recently sold on May 27, 2022 for $365,000.
What is the current tax assessment for 518 Malibu Dr?
The most recent total assessment for 518 Malibu Dr (year 2026) is $316,400 with $3,284 in property tax.
How does 518 Malibu Dr's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $365,000.
When was 518 Malibu Dr built?
518 Malibu Dr was built in 1984.
How does 518 Malibu Dr compare to others on Malibu Dr?
We do not currently track other properties on Malibu Dr.
What are the property facts for 518 Malibu Dr?
518 Malibu Dr is a 2 bed, 1 bath, 1,230 sqft, 2,178 sqft lot single_family.
Is 518 Malibu Dr a flip candidate?
No — 518 Malibu Dr does not appear in our flips dataset.
Is 518 Malibu Dr a tax-appeal candidate?
No — 518 Malibu Dr 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
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$519.5K
2026 Q4
$524.1K
ZIP 98503 — Median Price History + Forecast

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