Taxes
- Assessed Value: $549,500
- Assessed Year: 2025
- Assessed County: Thurston
- APN: 11934410802
- Assessed Land Value: 236300
- Market Land Value: 236300
- Tax Amount: 5386.12
- Tax Year: 2024
- Market Value: 549500
- Market Year: 2025
7224 40th Ct; Olympia, WA Property Details
Off market
7224 40th Ct NE Olympia, WA 98516
$299,000 Listing Price
3 Beds
2 Baths
1,470 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Purchase Price: $289,219
- Est. Equity / %: $658,000 / 100%
- Gross Yield: 6.184%
- APN: 11934410802
- Situs County: Thurston
- Length Of Ownership: 11 years
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 1
- Partial Bathrooms: 1
Structure
- Floor Cover Type: Carpet
- Stories: 1
- Exterior Wall Type: Wood Siding
- Building Condition: Average
- Building Quality: C
- Roof Type: Gable
- Roof Cover Type: Asphalt
- Sewer Type: Septic
- Water Source: Well
Measurements
- Total: 1,470/SqFt
- Lot: 43,560/SqFt
- Gross: 1,998/SqFt
- Garage: 528/SqFt
- Living: 1,470/SqFt
- Building: 1,998/SqFt
- Ground: 1,470/SqFt
- Price Per Square Foot: $196.75
Legal Description
- Description: 34-19-1W NE SE KA LOT 3 SS-2145 VOL 22 PG 165
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: North Thurston Public Schools
- Lat / Lon: 47.089485 / -122.78517
- Subdivision: Ss Ss-2145
- Property Class: Residential
- Zoning: RRR1/5
- County Use Code: 11
Amenities
- Heating Fuel Type: Electric
- Plus Four: 2781
- Bathroom Fixtures: 9
- Cooling: None
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 2
Ownership Info
7224 40th Ct NE has no associated ownership info
7224 40th Ct NE has no associated ownership info.
Taxes
7224 40th Ct NE has 10 associated Taxes items
7224 40th Ct, 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 $549,500. The APN we've located for 7224 40th Ct is 11934410802.
Unlock the full reportTax History
7224 40th Ct NE has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $549,500 | Land Value $236,300 | Improvement Value $313,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $552,300 | Land Value $233,300 | Improvement Value $319,000 | Tax Amount $5,386.12 | Change Rate +0.104784% | Assessed CR | Tax Rate +0.009752% |
| Year 2023 | Assessed Value $554,500 | Land Value $206,400 | Improvement Value $348,100 | Tax Amount $4,875.27 | Change Rate -0.070997% | Assessed CR | Tax Rate +0.008792% |
| Year 2022 | Assessed Value $495,000 | Land Value $152,200 | Improvement Value $342,800 | Tax Amount $5,247.85 | Change Rate +0.155563% | Assessed CR | Tax Rate +0.010602% |
| Year 2021 | Assessed Value $446,200 | Land Value $155,700 | Improvement Value $290,500 | Tax Amount $4,541.38 | Change Rate +0.175123% | Assessed CR | Tax Rate +0.010178% |
| Year 2020 | Assessed Value $356,900 | Land Value $140,000 | Improvement Value $216,900 | Tax Amount $3,864.6 | Change Rate +0.047618% | Assessed CR | Tax Rate +0.010828% |
| Year 2019 | Assessed Value $310,800 | Land Value $98,700 | Improvement Value $212,100 | Tax Amount $3,688.94 | Change Rate -0.136577% | Assessed CR | Tax Rate +0.011869% |
| Year 2018 | Assessed Value $313,500 | Land Value $90,200 | Improvement Value $223,300 | Tax Amount $4,272.46 | Change Rate +0.141899% | Assessed CR | Tax Rate +0.013628% |
| Year 2017 | Assessed Value $283,350 | Land Value $95,350 | Improvement Value $188,000 | Tax Amount $3,741.54 | Change Rate | Assessed CR | Tax Rate +0.013205% |
| Year 2016 | Assessed Value $249,500 | Land Value $82,000 | Improvement Value $167,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,134.16 | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $230,050 | Land Value $77,450 | Improvement Value $152,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |