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1002 Prospect Ave

Olympia, WA 98506

4 bd 2 ba 1,512 sqft Built 1900 Lot 6,650 sqft multi_family
Most recent sale
$420,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $420,000 MLS #1936968
May 19, 2022 Listed $450,000 MLS #1936968
Jul 2, 2003 Sold $165,000 Public Record
May 31, 2001 Sold $112,900 Public Record
Jul 11, 1991 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $79,400 $155,200 $234,600 $2,837
2020 $91,200 $128,200 $219,400 $3,082
2019 $64,300 $168,300 $232,600 $2,435
2018 $68,400 $129,400 $197,800 $2,611
2017 $64,000 $129,700 $193,700 $1,832
2016 $61,600 $84,600 $146,200 $2,076
2015 $48,200 $122,550 $170,750 $2,034
2014 $33,000 $129,350 $162,350 $2,029
2013 $29,000 $129,350 $158,350 $2,262
2012 $30,200 $136,150 $166,350 $2,029
2011 $48,900 $109,400 $158,300 $1,991
2010 $62,000 $103,950 $165,950 $1,882
2008 $114,900 $70,450 $185,350 $1,768

Property facts

Year built
1900
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,512 sqft
Lot size
6,650 sqft
ZIP code
98506
City
Olympia
Street
Prospect Ave
Coordinates
47.04908, -122.89004

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
$3,478
Gross rental yield
9.94%
Implied cap rate
6.46%
Trend-extrapolated value

Frequently asked questions

When did 1002 Prospect Ave last sell?
1002 Prospect Ave most recently sold on Jun 30, 2022 for $420,000.
What is the current tax assessment for 1002 Prospect Ave?
The most recent total assessment for 1002 Prospect Ave (year 2021) is $234,600 with $2,837 in property tax.
How does 1002 Prospect Ave's assessment compare to its last sale price?
The current assessment is 44.1% below the last sale price of $420,000.
When was 1002 Prospect Ave built?
1002 Prospect Ave was built in 1900.
How does 1002 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 1002 Prospect Ave?
1002 Prospect Ave is a 4 bed, 2 bath, 1,512 sqft, 6,650 sqft lot multi_family.
Is 1002 Prospect Ave a flip candidate?
No — 1002 Prospect Ave does not appear in our flips dataset.
Is 1002 Prospect Ave a tax-appeal candidate?
No — 1002 Prospect Ave 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
-4.8%
Implied 1-yr
-19.2%
2026 Q2
$392.2K
2026 Q3
$383.5K
ZIP 98506 — Median Price History + Forecast

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