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2938 Madrona Beach Rd; Olympia, WA Property Details

2938 Madrona Beach Rd, Olympia, WA is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 2938 Madrona Beach Rd has 2 bedrooms, and 4 bathrooms, and a total of 2,176 square feet. The lot size of 2938 Madrona Beach Rd is 35,203 square feet.

Off market
2938 Madrona Beach Rd NW Olympia, WA 98502
$470,000 Listing Price
2 Beds
4 Baths
2,176 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $470,000
  • Open Loans / Balance: 1 / $175,567
  • Est. Equity / %: $1,050,433 / 85.68%
  • Gross Yield: 2.485%
  • APN: 60302200000
  • Situs County: Thurston
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 3

Structure

  • Floor Cover Type: Wood
  • Stories: 1.5
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Concrete
  • Sewer Type: Septic
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,176/SqFt
  • Lot: 35,203/SqFt
  • Gross: 2,176/SqFt
  • Garage: 400/SqFt
  • Living: 2,176/SqFt
  • Basement: 340/SqFt
  • Building: 2,176/SqFt
  • Ground: 1,123/SqFt
  • Basement Finished: 340/SqFt
  • Price Per Square Foot: $215.99

Legal Description

  • Description: SECTION 02 TOWNSHIP 18 RANGE 3W PLAT MADRONA BEACH HOME TRACTS LT 22 DOCUMENT 011/001
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: VE / High Risk - Coastal
  • School District: Griffin School District
  • Lat / Lon: 47.073948 / -123.01732
  • Subdivision: Madrona Beach Home Tracts
  • Property Class: Residential
  • Zoning: RL1/1
  • County Use Code: 11

Amenities

  • Plus Four: 8833
  • Bathroom Fixtures: 11
  • Cooling: None
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2938 Madrona Beach Rd NW has no associated ownership info
2938 Madrona Beach Rd NW has no associated ownership info.

Taxes

2938 Madrona Beach Rd NW has 10 associated Taxes items

2938 Madrona Beach Rd, 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 $1,269,700. The APN we've located for 2938 Madrona Beach Rd is 60302200000.

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Taxes
  • Assessed Value:  $1,269,700
  • Assessed Year:  2025
  • Assessed County:  Thurston
  • APN:  60302200000
  • Assessed Land Value:  626600
  • Market Land Value:  626600
  • Tax Amount:  9100.37
  • Tax Year:  2024
  • Market Value:  1269700
  • Market Year:  2025

Tax History

2938 Madrona Beach Rd NW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,269,700 Land Value $626,600 Improvement Value $643,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,310,300 Land Value $671,500 Improvement Value $638,800 Tax Amount $9,100.37 Change Rate +0.050075% Assessed CR Tax Rate +0.006945%
Year 2023 Assessed Value $1,200,300 Land Value $518,100 Improvement Value $682,200 Tax Amount $8,666.4 Change Rate +0.096766% Assessed CR Tax Rate +0.00722%
Year 2022 Assessed Value $1,119,200 Land Value $415,800 Improvement Value $703,400 Tax Amount $7,901.78 Change Rate +0.1729% Assessed CR Tax Rate +0.00706%
Year 2021 Assessed Value $879,300 Land Value $367,600 Improvement Value $511,700 Tax Amount $6,736.96 Change Rate -0.073965% Assessed CR Tax Rate +0.007662%
Year 2020 Assessed Value $720,000 Land Value $355,700 Improvement Value $364,300 Tax Amount $7,275.06 Change Rate +0.156074% Assessed CR Tax Rate +0.010104%
Year 2019 Assessed Value $676,900 Land Value $372,800 Improvement Value $304,100 Tax Amount $6,292.9 Change Rate +0.041025% Assessed CR Tax Rate +0.009297%
Year 2018 Assessed Value $507,400 Land Value $300,300 Improvement Value $207,100 Tax Amount $6,044.91 Change Rate +0.101636% Assessed CR Tax Rate +0.011914%
Year 2017 Assessed Value $470,200 Land Value $193,600 Improvement Value $276,600 Tax Amount $5,487.21 Change Rate Assessed CR Tax Rate +0.01167%
Year 2016 Assessed Value $463,800 Land Value $237,100 Improvement Value $226,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $5,258.61 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $445,150 Land Value $239,550 Improvement Value $205,600 Tax Amount Change Rate Assessed CR Tax Rate