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516 Craftsman Dr; Olympia, WA Property Details

516 Craftsman Dr, Olympia, WA is a Single Family that was built in 2004. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 516 Craftsman Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 1,765 square feet. The lot size of 516 Craftsman Dr is 3,822 square feet.

Off market
516 Craftsman Dr NW Olympia, WA 98502
$465,200 Estimated Value
3 Beds
2.5 Baths
1,765 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2004
  • Purchase Price: $248,500
  • Est. Equity / %: $509,000 / 100%
  • Gross Yield: 6.608%
  • APN: 51450008800
  • Situs County: Thurston
  • Length Of Ownership: 21 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 1,765/SqFt
  • Lot: 3,822/SqFt
  • Gross: 2,318/SqFt
  • Garage: 468/SqFt
  • Living: 1,765/SqFt
  • Building: 2,233/SqFt
  • Ground: 1,127/SqFt
  • Price Per Square Foot: $140.79

Legal Description

  • Description: SECTION 17 TOWNSHIP 18 RANGE 2W QUARTER SE NE PLAT GRASS LAKE VILLAGE DIV 2 LT 88 DOCUMENT 3522445
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: 47.05066 / -122.95168
  • Subdivision: Grass Lake Village
  • Property Class: Residential
  • Zoning: RLI
  • County Use Code: 11

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2601
  • Bathroom Fixtures: 13
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $140
  • H O A Amount: $140
  • H O A One Frequency: Monthly
  • H O A One Name: Grass Lake Village Homeowners Association, A Washington Non-Profit Corporation
  • H O A One Type: Home Owner Association

Ownership Info

516 Craftsman Dr NW has no associated ownership info
516 Craftsman Dr NW has no associated ownership info.

Taxes

516 Craftsman Dr NW has 10 associated Taxes items

516 Craftsman Dr, 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 $465,200. The APN we've located for 516 Craftsman Dr is 51450008800.

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Taxes
  • Assessed Value:  $465,200
  • Assessed Year:  2025
  • Assessed County:  Thurston
  • APN:  51450008800
  • Assessed Land Value:  143900
  • Market Land Value:  143900
  • Tax Amount:  446.67
  • Tax Year:  2024
  • Market Value:  465200
  • Market Year:  2025

Tax History

516 Craftsman Dr NW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $465,200 Land Value $143,900 Improvement Value $321,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $439,600 Land Value $131,200 Improvement Value $308,400 Tax Amount $446.67 Change Rate +0.052697% Assessed CR Tax Rate +0.001016%
Year 2023 Assessed Value $410,200 Land Value $100,900 Improvement Value $309,300 Tax Amount $424.31 Change Rate -0.18347% Assessed CR Tax Rate +0.001034%
Year 2022 Assessed Value $405,400 Land Value $77,100 Improvement Value $328,300 Tax Amount $519.65 Change Rate -0.086699% Assessed CR Tax Rate +0.001282%
Year 2021 Assessed Value $341,200 Land Value $66,300 Improvement Value $274,900 Tax Amount $568.98 Change Rate -0.017475% Assessed CR Tax Rate +0.001668%
Year 2020 Assessed Value $286,100 Land Value $73,600 Improvement Value $212,500 Tax Amount $579.1 Change Rate -0.405564% Assessed CR Tax Rate +0.002024%
Year 2019 Assessed Value $271,200 Land Value $71,400 Improvement Value $199,800 Tax Amount $974.2 Change Rate -0.007802% Assessed CR Tax Rate +0.003592%
Year 2018 Assessed Value $235,400 Land Value $61,100 Improvement Value $174,300 Tax Amount $981.86 Change Rate +0.01604% Assessed CR Tax Rate +0.004171%
Year 2017 Assessed Value $229,750 Land Value $52,750 Improvement Value $177,000 Tax Amount $966.36 Change Rate Assessed CR Tax Rate +0.004206%
Year 2016 Assessed Value $215,950 Land Value $60,150 Improvement Value $155,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,590.35 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $206,950 Land Value $60,150 Improvement Value $146,800 Tax Amount Change Rate Assessed CR Tax Rate