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Multi-Family Dwellings (Generic, Any Combination)Residential

1203 TERRACE LN SW

OLYMPIA, WA 98502
3
Beds
2
Baths
3,029 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1937
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$11 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$700,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$280,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$420,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$609,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$700,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Multi-Family Dwellings (Generic, Any Combination)
CountyThurston
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1983
Lot (acres)The size of the land the home sits on, from county records.0.18
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 96 ft²Patio · 96 ft²Porch · 69 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Capital High SchoolA-
High · Grades 9–12 · 1.2 mi
M
Thurgood Marshall Middle SchoolB
Middle · Grades 6–8 · 2.3 mi
E
Hansen Elementary SchoolC
Elementary · Grades KG–5 · 2.4 mi

District: Olympia School District

Neighborhood · ZIP 98502These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.234

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.36,607
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.529 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$88,848
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$105,808
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.61 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.35%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1203 Terrace Ln Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 95% of homes in South Westside
  • Has a smaller lot than 67% of homes in Thurston County
  • Older than 95% of homes in Thurston County

How it measures up in Olympia 98502

The dot is this home. The mark in the middle is the typical home in Olympia 98502.

Living area3,029 ft²
SmallerTypical 1,888 ft²Bigger

Bigger than 87% of homes nearby

Lot size0.18 ac
SmallerTypical 0.27 acBigger

Bigger than 34% of homes nearby

Year built1937
OlderTypical 1986Newer

Newer than 7% of homes nearby

How 1203 Terrace Ln Sw ranks against every home in each area.
MeasureThis homeSouth WestsideOlympia 98502Thurston County
Living areabigger than3,029 ft²95% of homes87% of homes93% of homes
Lot sizebigger than0.18 ac62% of homes34% of homes33% of homes
Year builtnewer than193716% of homes7% of homes5% of homes

About 1203 Terrace Ln Sw

How big is 1203 Terrace Ln Sw, Olympia, WA?

1203 Terrace Ln Sw, Olympia, WA has 3 bedrooms, 2 bathrooms, 3,029 square feet of living space and a 0.18-acre lot.

When was 1203 Terrace Ln Sw, Olympia, WA built?

1203 Terrace Ln Sw, Olympia, WA was built in 1937, making it 89 years old. The building has 2 stories.

What schools serve 1203 Terrace Ln Sw, Olympia, WA?

1203 Terrace Ln Sw, Olympia, WA is assigned to Capital High School (high), rated A-; Thurgood Marshall Middle School (middle), rated B; Hansen Elementary School (elementary), rated C. All sit in Olympia School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1203 Terrace Ln Sw, Olympia, WA compare to other homes in Olympia 98502?

Among the 11,284 homes in Olympia 98502, it is bigger than 87% of them (3,029 ft² against a typical 1,888 ft²), its lot is bigger than 34% of them (0.18 ac against a typical 0.27 ac) and it is newer than 7% of them (1937 against a typical 1986). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1203 Terrace Ln Sw, Olympia, WA?

The 2026 property tax bill for 1203 Terrace Ln Sw, Olympia, WA was $11. The county assessed it at $700,100.

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