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531 Meadowwood Dr

Olympia, WA 98502

3 bd 3 ba 1,968 sqft Built 2011 Lot 4,035 sqft single_family
Most recent sale
$540,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $540,000 Public Record
Apr 14, 2022 Listed $529,900 MLS #1915511
Oct 6, 2015 Listing removed $233,224 NWMLS
May 6, 2014 Sold $237,000 MLS #540835
Apr 1, 2014 Price changed $239,900 MLS #540835
Feb 25, 2014 Price changed $244,500 MLS #540835
Jan 3, 2014 Price changed $249,000 MLS #540835
Dec 4, 2013 Listed $250,000 MLS #540835
Jun 10, 2011 Sold $232,952 Public Record
Apr 29, 2011 Sold $1,442,500 Public Record
Feb 25, 2011 Sold $120,000 Public Record
Feb 8, 2011 Listed $233,224 MLS #180549

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $370,300 $116,500 $486,800 $5,140
2025 $370,300 $116,500 $486,800 $4,935
2024 $367,400 $85,700 $453,100 $4,740
2023 $374,400 $62,100 $436,500 $4,356
2022 $310,900 $55,400 $366,300 $4,378
2021 $246,200 $61,500 $307,700 $3,974
2020 $254,500 $48,900 $303,400 $4,016
2019 $244,800 $48,800 $293,600 $3,609
2018 $216,700 $46,600 $263,300 $3,547
2017 $209,800 $41,250 $251,050 $3,138
2016 $186,500 $47,400 $233,900 $2,839
2015 $174,400 $47,400 $221,800 $2,775
2014 $168,000 $47,400 $215,400 $2,756
2013 $162,700 $41,800 $204,500 $2,778
2012 $162,700 $41,800 $204,500 $2,624
2011 $157,500 $47,400 $204,900 $637

Property facts

Year built
2011
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,968 sqft
Lot size
4,035 sqft
ZIP code
98502
City
Olympia
Street
Meadowwood Dr
Coordinates
47.04441, -122.96612

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,526
Gross rental yield
10.06%
Implied cap rate
6.54%
Trend-extrapolated value

Frequently asked questions

When did 531 Meadowwood Dr last sell?
531 Meadowwood Dr most recently sold on May 19, 2022 for $540,000.
What is the current tax assessment for 531 Meadowwood Dr?
The most recent total assessment for 531 Meadowwood Dr (year 2026) is $486,800 with $5,140 in property tax.
How does 531 Meadowwood Dr's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $540,000.
When was 531 Meadowwood Dr built?
531 Meadowwood Dr was built in 2011.
How does 531 Meadowwood Dr compare to others on Meadowwood Dr?
We track 8 other properties on Meadowwood Dr. Browse the list under "Other properties on Meadowwood Dr" to compare beds, baths, and sale history.
What are the property facts for 531 Meadowwood Dr?
531 Meadowwood Dr is a 3 bed, 3 bath, 1,968 sqft, 4,035 sqft lot single_family.
Is 531 Meadowwood Dr a flip candidate?
No — 531 Meadowwood Dr does not appear in our flips dataset.
Is 531 Meadowwood Dr a tax-appeal candidate?
No — 531 Meadowwood 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
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$606.6K
2026 Q4
$603K
ZIP 98502 — Median Price History + Forecast

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