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Single Family ResidenceResidential
$848,068$362 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $841,500 on May 8, 2026

1617 WATER ST SW

OLYMPIA, WA 98501
3
Beds
2
Baths
2,344 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1928
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.

Valuation

$848K
$785K low$911K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$841,500 · May 8, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,903 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$745,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$237,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$508,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$692,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$745,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.27
100
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
24
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
13
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Bi-Level
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.1981
Lot (acres)The size of the land the home sits on, from county records.0.12
RoofThe main material covering the roof, such as asphalt shingle or tile.Concrete
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 170 ft²

Transaction History(4)

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.

E
Lincoln Elementary SchoolB+
Elementary · Grades KG–5 · 0.3 mi
H
Olympia High SchoolA
High · Grades 9–12 · 1.4 mi
M
Washington Middle SchoolA-
Middle · Grades 6–8 · 1.9 mi

District: Olympia School District

Neighborhood · ZIP 98501These 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.80
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.228

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.47,730
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,244 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,612
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,517
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.50 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

1617 Water St 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.

  • Worth more than 93% of homes in Olympia 98501
  • Costs more per square foot than 85% of homes in Olympia 98501
  • Bigger than 78% of homes in Thurston County
  • Has a smaller lot than 86% of homes in Thurston County
  • Older than 96% of homes in Thurston County

What homes are worth in Olympia 98501

Each bar is how many homes fall in that price range. The marker is this home.

This home
$301K$1M

This home is worth more than 93% of homes in Olympia 98501.

How it measures up in Olympia 98501

The dot is this home. The mark in the middle is the typical home in Olympia 98501.

Estimated value$848,068
CheaperTypical $562,930Pricier

Pricier than 93% of homes nearby

Price per ft²$362
CheaperTypical $300Pricier

Pricier than 85% of homes nearby

Living area2,344 ft²
SmallerTypical 1,891 ft²Bigger

Bigger than 72% of homes nearby

Lot size0.12 ac
SmallerTypical 0.22 acBigger

Bigger than 16% of homes nearby

Year built1928
OlderTypical 1987Newer

Newer than 7% of homes nearby

How 1617 Water St Sw ranks against every home in each area.
MeasureThis homeSouth CapitolOlympia 98501Thurston County
Estimated valuepricier than$848,06886% of homes93% of homes92% of homes
Price per ft²pricier than$36261% of homes85% of homes80% of homes
Living areabigger than2,344 ft²70% of homes72% of homes78% of homes
Lot sizebigger than0.12 ac34% of homes16% of homes14% of homes
Year builtnewer than192871% of homes7% of homes4% of homes

About 1617 Water St Sw

How much is 1617 Water St Sw, Olympia, WA worth?

The TopHap Estimate for 1617 Water St Sw, Olympia, WA is $848,068 as of Sep 24, 2026. The likely range is $785,199 to $910,937. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1617 Water St Sw, Olympia, WA last sell?

1617 Water St Sw, Olympia, WA last sold on May 8, 2026 for $841,500, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 1617 Water St Sw, Olympia, WA?

1617 Water St Sw, Olympia, WA has 3 bedrooms, 2 bathrooms, 2,344 square feet of living space and a 0.12-acre lot.

When was 1617 Water St Sw, Olympia, WA built?

1617 Water St Sw, Olympia, WA was built in 1928, making it 98 years old. It is a bi-level home. The building has 2 stories.

What schools serve 1617 Water St Sw, Olympia, WA?

1617 Water St Sw, Olympia, WA is assigned to Lincoln Elementary School (elementary), rated B+; Olympia High School (high), rated A; Washington Middle School (middle), rated A-. All sit in Olympia School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1617 Water St Sw, Olympia, WA compare to other homes in Olympia 98501?

Among the 15,684 homes in Olympia 98501, it is worth more than 93% of them ($848,068 against a typical $562,930), its price per square foot is higher than 85% of them ($362 against a typical $300), it is bigger than 72% of them (2,344 ft² against a typical 1,891 ft²), its lot is bigger than 16% of them (0.12 ac against a typical 0.22 ac) and it is newer than 7% of them (1928 against a typical 1987). Measured against all of Thurston County, it is worth more than 92% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1617 Water St Sw, Olympia, WA?

The 2024 property tax bill for 1617 Water St Sw, Olympia, WA was $6,903. The county assessed it at $745,400.

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