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2531 Simon Ln; Olympia, WA Property Details

2531 Simon Ln, Olympia, WA is a Single Family that was built in 1996. This property is currently a cash purchase and is not for sale. Our records show that 2531 Simon Ln has 4 bedrooms, and 2.5 bathrooms, and a total of 2,649 square feet. The lot size of 2531 Simon Ln is 8,618 square feet.

Off market
2531 Simon Ln NE Olympia, WA 98506
$652,500 Estimated Value
4 Beds
2.5 Baths
2,649 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1996
  • Purchase Price: $341,500
  • Est. Equity / %: $716,000 / 100%
  • Gross Yield: 6.144%
  • APN: 49050000300
  • Situs County: Thurston
  • Length Of Ownership: 21 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Hip
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,649/SqFt
  • Lot: 8,618/SqFt
  • Gross: 3,369/SqFt
  • Garage: 680/SqFt
  • Living: 2,649/SqFt
  • Building: 3,329/SqFt
  • Ground: 1,325/SqFt
  • Price Per Square Foot: $128.92

Legal Description

  • Description: SECTION 12 TOWNSHIP 18 RANGE 2W QUARTER NW NE PLAT FRIENDLY GROVE ESTATES LT 3 DOCUMENT 027/104
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Olympia School District
  • Lat / Lon: 47.06862 / -122.87037
  • Subdivision: Friendly Grove Estates
  • Property Class: Residential
  • Zoning: R-4-8
  • County Use Code: 11

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3553
  • Bathroom Fixtures: 14
  • Cooling: None
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One: $35
  • H O A Amount: $35
  • H O A One Frequency: Monthly
  • H O A One Name: Friendly Grove Estates
  • H O A One Type: Home Owner Association

Ownership Info

2531 Simon Ln NE has no associated ownership info
2531 Simon Ln NE has no associated ownership info.

Taxes

2531 Simon Ln NE has 10 associated Taxes items

2531 Simon Ln, Olympia, WA pays taxes in Thurston County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $652,500. The APN we've located for 2531 Simon Ln is 49050000300.

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Taxes
  • Assessed Value:  $652,500
  • Assessed Year:  2025
  • Assessed County:  Thurston
  • APN:  49050000300
  • Assessed Land Value:  176300
  • Market Land Value:  176300
  • Tax Amount:  6332.14
  • Tax Year:  2024
  • Market Value:  652500
  • Market Year:  2025

Tax History

2531 Simon Ln NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $3,036.11 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $652,500 Land Value $176,300 Improvement Value $476,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $632,400 Land Value $155,300 Improvement Value $477,100 Tax Amount $6,332.14 Change Rate +0.002722% Assessed CR Tax Rate +0.010013%
Year 2023 Assessed Value $607,200 Land Value $165,500 Improvement Value $441,700 Tax Amount $6,314.95 Change Rate +0.024427% Assessed CR Tax Rate +0.0104%
Year 2022 Assessed Value $637,400 Land Value $104,200 Improvement Value $533,200 Tax Amount $6,164.37 Change Rate +0.107045% Assessed CR Tax Rate +0.009671%
Year 2021 Assessed Value $525,800 Land Value $87,000 Improvement Value $438,800 Tax Amount $5,568.31 Change Rate -0.003973% Assessed CR Tax Rate +0.01059%
Year 2020 Assessed Value $437,600 Land Value $99,200 Improvement Value $338,400 Tax Amount $5,590.52 Change Rate +0.160273% Assessed CR Tax Rate +0.012775%
Year 2019 Assessed Value $429,500 Land Value $93,700 Improvement Value $335,800 Tax Amount $4,818.28 Change Rate -0.045651% Assessed CR Tax Rate +0.011218%
Year 2018 Assessed Value $376,600 Land Value $73,400 Improvement Value $303,200 Tax Amount $5,048.76 Change Rate +0.020296% Assessed CR Tax Rate +0.013406%
Year 2017 Assessed Value $382,750 Land Value $76,750 Improvement Value $306,000 Tax Amount $4,948.33 Change Rate Assessed CR Tax Rate +0.012928%
Year 2016 Assessed Value $356,200 Land Value $64,200 Improvement Value $292,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,755.7 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $356,800 Land Value $63,600 Improvement Value $293,200 Tax Amount Change Rate Assessed CR Tax Rate