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7324 48th Way; Olympia, WA Property Details

7324 48th Way, Olympia, WA is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 7324 48th Way has 2 bedrooms, and 4.25 bathrooms, and a total of 1,525 square feet. The lot size of 7324 48th Way is 235,224 square feet.

Off market
7324 48th Way NW Olympia, WA 98502
$587,500 Listing Price
2 Beds
4.25 Baths
1,525 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $638,062
  • Open Loans / Balance: 1 / $291,852
  • Est. Equity / %: $500,148 / 63.15%
  • Gross Yield: 6.929%
  • APN: 13927410600
  • Situs County: Thurston
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 4.25
  • Full Bathrooms: 3
  • Partial Bathrooms: 3

Structure

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

Measurements

  • Total: 1,525/SqFt
  • Lot: 235,224/SqFt
  • Gross: 1,525/SqFt
  • Garage: 660/SqFt
  • Living: 1,525/SqFt
  • Basement: 222/SqFt
  • Building: 1,525/SqFt
  • Ground: 1,296/SqFt
  • Price Per Square Foot: $418.40

Legal Description

  • Description: SECTION 27 TOWNSHIP 19 RANGE 3W QUARTER SE NE BLA970484TC TR A DOCUMENT 3098418 AND TDL ADJ
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: 47.10477 / -123.03586
  • Property Class: Residential
  • Zoning: RRR1/5
  • County Use Code: 11

Amenities

  • Plus Four: 9523
  • Bathroom Fixtures: 10
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Space/Suspended
  • Parking: 2

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

7324 48th Way NW has no associated ownership info
7324 48th Way NW has no associated ownership info.

Taxes

7324 48th Way NW has 10 associated Taxes items

7324 48th Way, 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 $848,800. The APN we've located for 7324 48th Way is 13927410600.

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Taxes
  • Assessed Value:  $848,800
  • Assessed Year:  2025
  • Assessed County:  Thurston
  • APN:  13927410600
  • Assessed Land Value:  482000
  • Market Land Value:  482000
  • Tax Amount:  5843.38
  • Tax Year:  2024
  • Market Value:  848800
  • Market Year:  2025

Tax History

7324 48th Way NW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $848,800 Land Value $482,000 Improvement Value $366,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,843.38 Change Rate +0.147737% Assessed CR Tax Rate
Year 2023 Assessed Value $765,000 Land Value $381,000 Improvement Value $384,000 Tax Amount $5,091.22 Change Rate +0.069699% Assessed CR Tax Rate +0.006655%
Year 2022 Assessed Value $651,100 Land Value $304,700 Improvement Value $346,400 Tax Amount $4,759.49 Change Rate +0.053353% Assessed CR Tax Rate +0.00731%
Year 2021 Assessed Value $524,300 Land Value $342,800 Improvement Value $181,500 Tax Amount $4,518.42 Change Rate -0.166074% Assessed CR Tax Rate +0.008618%
Year 2020 Assessed Value $479,200 Land Value $335,500 Improvement Value $143,700 Tax Amount $5,418.25 Change Rate +0.166075% Assessed CR Tax Rate +0.011307%
Year 2019 Assessed Value $501,700 Land Value $379,300 Improvement Value $122,400 Tax Amount $4,646.57 Change Rate +0.049133% Assessed CR Tax Rate +0.009262%
Year 2018 Assessed Value $369,500 Land Value $269,900 Improvement Value $99,600 Tax Amount $4,428.96 Change Rate +0.227682% Assessed CR Tax Rate +0.011986%
Year 2017 Assessed Value $305,900 Land Value $192,600 Improvement Value $113,300 Tax Amount $3,607.58 Change Rate Assessed CR Tax Rate +0.011793%
Year 2016 Assessed Value $414,450 Land Value $310,650 Improvement Value $103,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,522.61 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $295,450 Land Value $205,550 Improvement Value $89,900 Tax Amount Change Rate Assessed CR Tax Rate