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Single Family ResidenceResidential
$752,893$319 / 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 95How 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 $344,719 on Jul 31, 2018

7232 40TH CT NE

OLYMPIA, WA 98516
3
Beds
2
Baths
2,360 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.
2 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$753K
$714K low$792K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$344,719 · Jul 31, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$144 (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.$669,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$257,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$411,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$669,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$669,700

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
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.Ranch
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.1993
Lot (acres)The size of the land the home sits on, from county records.2.00
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.Forced Air
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Tennis courtDeck · 364 ft²Patio · 578 ft²Porch · 70 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
South Bay Elementary SchoolB
Elementary · Grades KG–5 · 2.4 mi
M
Chinook Middle SchoolC
Middle · Grades 6–8 · 3.2 mi
H
North Thurston High SchoolB
High · Grades 9–12 · 3.4 mi

District: North Thurston Public Schools

Neighborhood · ZIP 98516These 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.91
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.239

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.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.30,764
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.783 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$97,637
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,716
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.47 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

7232 40th Ct Ne 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 86% of homes in Thurston County
  • Bigger than 78% of homes in Thurston County
  • Has a bigger lot than 89% of homes in Olympia 98516
  • Older than 69% of homes in Olympia 98516

What homes are worth in Olympia 98516

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

This home
$382K$1.3M

This home is worth more than 75% of homes in Olympia 98516.

How it measures up in Olympia 98516

The dot is this home. The mark in the middle is the typical home in Olympia 98516.

Estimated value$752,893
CheaperTypical $589,277Pricier

Pricier than 75% of homes nearby

Price per ft²$319
CheaperTypical $310Pricier

Pricier than 55% of homes nearby

Living area2,360 ft²
SmallerTypical 1,940 ft²Bigger

Bigger than 69% of homes nearby

Lot size2 ac
SmallerTypical 0.19 acBigger

Bigger than 89% of homes nearby

Year built1988
OlderTypical 2003Newer

Newer than 31% of homes nearby

How 7232 40th Ct Ne ranks against every home in each area.
MeasureThis homeOlympia 98516Thurston County
Estimated valuepricier than$752,89375% of homes86% of homes
Price per ft²pricier than$31955% of homes59% of homes
Living areabigger than2,360 ft²69% of homes78% of homes
Lot sizebigger than2 ac89% of homes84% of homes
Year builtnewer than198831% of homes46% of homes

About 7232 40th Ct Ne

How much is 7232 40th Ct Ne, Olympia, WA worth?

The TopHap Estimate for 7232 40th Ct Ne, Olympia, WA is $752,893 as of Sep 24, 2026. The likely range is $714,214 to $791,572. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7232 40th Ct Ne, Olympia, WA last sell?

7232 40th Ct Ne, Olympia, WA last sold on Jul 31, 2018 for $344,719, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 7232 40th Ct Ne, Olympia, WA?

7232 40th Ct Ne, Olympia, WA has 3 bedrooms, 2 bathrooms, 2,360 square feet of living space and a 2.00-acre lot.

When was 7232 40th Ct Ne, Olympia, WA built?

7232 40th Ct Ne, Olympia, WA was built in 1988, making it 38 years old. It is a ranch home. The building has 1 story.

What schools serve 7232 40th Ct Ne, Olympia, WA?

7232 40th Ct Ne, Olympia, WA is assigned to South Bay Elementary School (elementary), rated B; Chinook Middle School (middle), rated C; North Thurston High School (high), rated B. All sit in North Thurston Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7232 40th Ct Ne, Olympia, WA compare to other homes in Olympia 98516?

Among the 10,291 homes in Olympia 98516, it is worth more than 75% of them ($752,893 against a typical $589,277), its price per square foot is higher than 55% of them ($319 against a typical $310), it is bigger than 69% of them (2,360 ft² against a typical 1,940 ft²), its lot is bigger than 89% of them (2 ac against a typical 0.19 ac) and it is newer than 31% of them (1988 against a typical 2003). Measured against all of Thurston County, it is worth more than 86% 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 7232 40th Ct Ne, Olympia, WA?

The 2026 property tax bill for 7232 40th Ct Ne, Olympia, WA was $144. The county assessed it at $669,700.

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