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5743 Red Alder Dr

Olympia, WA 98516

4 bd 4 ba 2,229 sqft Built 1996 Lot 33,660 sqft single_family
Most recent sale
$682,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $682,000 MLS #1963895
Jul 14, 2022 Listed $675,000 MLS #1963895
Mar 26, 1996 Sold $174,584 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $396,900 $239,600 $636,500 $7,063
2025 $396,900 $239,600 $636,500 $7,193
2024 $406,300 $201,600 $607,900 $5,918
2023 $454,900 $159,700 $614,600 $6,047
2022 $313,400 $156,700 $470,100 $5,547
2021 $313,400 $156,700 $470,100 $5,012
2020 $244,300 $148,600 $392,900 $4,386
2019 $252,500 $99,500 $352,000 $3,941
2018 $259,400 $89,000 $348,400 $4,500
2017 $245,300 $83,500 $328,800 $4,078
2016 $219,700 $88,050 $307,750 $4,211
2015 $238,000 $81,450 $319,450 $4,181
2014 $230,500 $77,400 $307,900 $3,834
2013 $215,000 $73,300 $288,300 $3,851
2012 $207,000 $65,150 $272,150 $3,636
2011 $205,300 $77,400 $282,700 $3,720
2010 $228,000 $85,500 $313,500 $3,600
2008 $235,200 $106,050 $341,250 $3,727
2007 $248,000 $109,100 $357,100 $3,442

Property facts

Year built
1996
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,229 sqft
Lot size
33,660 sqft
ZIP code
98516
City
Olympia
Street
Red Alder Dr
Coordinates
47.11398, -122.77187

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
$5,127
Gross rental yield
9.02%
Implied cap rate
5.86%
Trend-extrapolated value

Frequently asked questions

When did 5743 Red Alder Dr last sell?
5743 Red Alder Dr most recently sold on Sep 9, 2022 for $682,000.
What is the current tax assessment for 5743 Red Alder Dr?
The most recent total assessment for 5743 Red Alder Dr (year 2026) is $636,500 with $7,063 in property tax.
How does 5743 Red Alder Dr's assessment compare to its last sale price?
The current assessment is 6.7% below the last sale price of $682,000.
When was 5743 Red Alder Dr built?
5743 Red Alder Dr was built in 1996.
How does 5743 Red Alder Dr compare to others on Red Alder Dr?
We track 3 other properties on Red Alder Dr. Browse the list under "Other properties on Red Alder Dr" to compare beds, baths, and sale history.
What are the property facts for 5743 Red Alder Dr?
5743 Red Alder Dr is a 4 bed, 4 bath, 2,229 sqft, 33,660 sqft lot single_family.
Is 5743 Red Alder Dr a flip candidate?
No — 5743 Red Alder Dr does not appear in our flips dataset.
Is 5743 Red Alder Dr a tax-appeal candidate?
No — 5743 Red Alder 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
+0.1%
Implied 1-yr
+0.2%
2026 Q3
$633.3K
2026 Q4
$633.6K
ZIP 98516 — Median Price History + Forecast

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