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8040 Andover Ln

Tumwater, WA 98501

2 bd 2 ba 1,323 sqft Built 2003 Lot 4,500 sqft single_family
Most recent sale
$490,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 28, 2025 Sold $480,000 NWMLS
Jul 23, 2025 Listed $474,999 NWMLS
May 16, 2022 Sold $490,000 MLS #1912064
Apr 7, 2022 Listed $469,900 MLS #1912064
Dec 4, 2020 Sold $353,500 Public Record
Oct 24, 2020 Listed $335,000 MLS #1679935
Oct 30, 2003 Sold $157,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $287,500 $126,200 $413,700 $4,126
2025 $287,500 $126,200 $413,700 $736
2024 $250,500 $105,900 $356,400 $3,570
2023 $261,100 $75,100 $336,200 $3,283
2022 $212,700 $62,200 $274,900 $3,238
2021 $167,100 $67,100 $234,200 $3,008
2020 $155,700 $67,100 $222,800 $2,951
2019 $146,000 $67,300 $213,300 $2,649
2018 $139,300 $56,000 $195,300 $2,522
2017 $138,900 $51,050 $189,950 $2,495
2016 $125,500 $52,050 $177,550 $2,393
2015 $122,300 $53,250 $175,550 $2,460
2014 $124,600 $43,750 $168,350 $2,417
2013 $112,100 $45,600 $157,700 $2,328
2012 $112,100 $45,600 $157,700 $2,248
2011 $109,000 $54,500 $163,500 $2,273
2010 $120,400 $60,050 $180,450 $2,220
2008 $123,100 $78,400 $201,500 $2,235
2007 $137,300 $72,300 $209,600 $2,105

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,323 sqft
Lot size
4,500 sqft
ZIP code
98501
City
Tumwater
Street
Andover Ln
Coordinates
46.97018, -122.88147

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
$3,043
Gross rental yield
7.45%
Implied cap rate
4.84%
Trend-extrapolated value

Frequently asked questions

When did 8040 Andover Ln last sell?
8040 Andover Ln most recently sold on May 16, 2022 for $490,000.
What is the current tax assessment for 8040 Andover Ln?
The most recent total assessment for 8040 Andover Ln (year 2026) is $413,700 with $4,126 in property tax.
How does 8040 Andover Ln's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $490,000.
When was 8040 Andover Ln built?
8040 Andover Ln was built in 2003.
How does 8040 Andover Ln compare to others on Andover Ln?
We track 8 other properties on Andover Ln. Browse the list under "Other properties on Andover Ln" to compare beds, baths, and sale history.
What are the property facts for 8040 Andover Ln?
8040 Andover Ln is a 2 bed, 2 bath, 1,323 sqft, 4,500 sqft lot single_family.
Is 8040 Andover Ln a flip candidate?
Yes — 8040 Andover Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8040 Andover Ln a tax-appeal candidate?
No — 8040 Andover Ln 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
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$587.4K
2026 Q4
$598.6K
ZIP 98501 — Median Price History + Forecast

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