This home's estimate is 17.9% lower than the average sale price ($542K) of 6 comparable homes.
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1722 Fones Rd SE, Olympia, WA 98501
About this home
This spacious 2352 sq ft rambler home in Olympia presents a fantastic investment opportunity! It features 4 bedrooms, 2 bathrooms, and bonus rooms. The kitchen boasts beautiful granite countertops, and the roof is relatively new, just 6 years old. While it may benefit from some updates, the layout is perfect for entertaining. The location is convenient, with easy access to I-5 and close proximity to JBLM. The property zoning is Mixed Residential 2, offering flexibility for various uses. Come tour and explore the possibilities.

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Market trends in 98501, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- NEW 33 HRS AGO$510,0003 beds2 baths1,526 sq ft3017 57th Ave SE, Olympia, WA 98501Paul Oczkewicz • Virgil Adams Real Estate, Inc.
- $625,0004 beds2.5 baths2,218 sq ft2302 Kildane Way SE, Olympia, WA 98501Yao Pan • Skyline Properties, Inc.
- $500,0003 beds2.5 baths2,031 sq ft3245 57th Ave SE, Olympia, WA 98501Ioannis Piliaris • Keller Williams South Sound
- $325,0003 beds2 baths1,768 sq ft614 11th Ave SE, Olympia, WA 98501Bird Bethje • Coldwell Banker Evergreen
- COMING SOON$575,0003 beds2 baths1,511 sq ft2820 Galloway St SE, Olympia, WA 98501Abby Mondau • BHGRE - Northwest Home Team
- $549,9004 beds3 baths2,480 sq ft9118 Lady Slipper St SE, Tumwater, WA 98501Raquel Reynoso • John L. Scott Dupont
- $450,0003 beds2 baths1,995 sq ft2807 18th Ave SE, Olympia, WA 98501Neil Sharp • Realty One Group Bold
See all
Provided by Redfin
Sale history for 1722 Fones Rd SE
$155/sq ft
$153/sq ft
$48/sq ft
$48/sq ft
$53/sq ft
$53/sq ft
$59/sq ft
$59/sq ft
$34/sq ft
Tax history for 1722 Fones Rd SE
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
- Permits
RM-24
Residential Multifamily District
To accommodate predominantly multifamily housing, at an average maximum density of 24 units per acre, in locations close e.g., 0.25 mile to major employment and/or shopping areas; to provide for development with a density and configuration that facilitates effective and efficient mass transit service; and to enable provision of affordable housingInclude but are not limited to:
- Day care facility
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
- Housing-Student
Perform improvements on Fones Road for the City of Olympia.
Gas
Grading
Replace windows on a residential building.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
- Parking Information
- Covered Spaces: 1
- Parking Features: Attached Garage
- Garage Spaces: 1
- Has Attached Garage
- Has Garage
Interior
- Bedroom Information
- # of Bedrooms: 4
- # of Bedrooms Main: 4
- Bedrooms Possible: 4
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- # of Full Baths (Main): 1
- # of Three Quarter Baths (Main): 1
- # of Bathtubs: 1
- # of Showers: 1
- Room 1 Information
- Room Type: Bonus Room
- Room Level: Second
- Room 2 Information
- Room Type: Den/Office
- Room Level: Main
- Room 3 Information
- Room Type: Dining Room
- Room Level: Main
- Room 4 Information
- Room Type: Entry Hall
- Room Level: Main
- Room 5 Information
- Room Type: Extra Fin Rm
- Room Level: Main
- Room 6 Information
- Room Type: Family Room
- Room Level: Main
- Room 7 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 8 Information
- Room Type: Primary Bedroom
- Room Level: Main
- Room 9 Information
- Room Type: Rec Room
- Room Level: Second
- Room 10 Information
- Room Type: Utility Room
- Room Level: Main
- Room 11 Information
- Room Type: Bedroom
- Room Level: Main
- Room 12 Information
- Room Type: Bedroom
- Room Level: Main
- Room 13 Information
- Room Type: Bedroom
- Room Level: Main
- Room 14 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 15 Information
- Room Type: Bathroom Three Quarter
- Room Level: Main
- Basement Information
- Basement Features: None
- Heating & Cooling
- Has Heating
- Heating Information: Forced Air
- Cooling Information: None
- Interior Features
- Interior Features: Laminate, Wall to Wall Carpet
- Flooring: Laminate, Carpet
- Appliances Included: Dishwasher,Refrigerator,StoveRange
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Wood Products
- Property Information
- Energy Source: Electric,Natural Gas
- Sq. Ft. Finished: 2,352
- Style Code: 10 - 1 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Land Information
- Vegetation: Garden Space
- Lot Information
- MLS Lot Size Source: Realist
- Site Features: Fenced-Partially,High Speed Internet
- Zoning Jurisdiction: City
- Lot Features: Corner Lot, Sidewalk
- Lot Size Units: Square Feet
- Lot Size Acres: 0.2438
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $3,443
- Tax Year: 2023
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, VA Loan
- Buyer Financing: Cash
Utilities
- Utility Information
- Water Source: Public
- Water Company: City of Olympia
- Power Company: P.S.E.
- Sewer: Sewer Connected
- Sewer Company: City of Olympia
Location
- Multi-Unit Information
- Furnished: Unfurnished
- School Information
- High School District: North Thurston
- Location Information
- Bus Line Nearby: true
- Directions: Take Exit 107 from I-5 . Head East on Pacific Ave. RT on Fones Rd. Home is on the left at round-about
- Topography: Level
- Community Information
- Senior Exemption: false
- Common Interest: Residential
Public facts
- Beds: 4
- Baths: 1.5
- Sq. Ft.: 2,352
- Stories: 1.0
- Lot Size: 10,618 square feet
- Style: Single Family Residential
- Year Built: 1937
- Year Renovated: 1983
- County: Thurston County
- APN: 11819142600
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- Offers Review Date: Thursday, October 12, 2023
- On Market Date: Friday, October 6, 2023
- Green Information
- Power Production Type: Electric, Natural Gas
- Home Information
- Living Area: 2,352
- Living Area Units: Square Feet
- Calculated Square Footage: 2352
- MLS Square Footage Source: Realist
- Building Area Total: 2352
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1983
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: One
- Entry Location: Main
Around this home
Schools
Public PreK-5 • Assigned • 1.2mi
Public 6-8 • Assigned • 1.7mi
Public 9-12 • Assigned • 1.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 88° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
7 unhealthy days expected this year, 8 days in 30 years
Sun exposure
In this area, properties receive around 8.7 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98501
Home values near 1722 Fones Rd SE
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1416 Sq. Ft. | $505,442 |
3 Beds | 1 Baths | 1056 Sq. Ft. | $350,706 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1152 Sq. Ft. | $376,175 |
3 Beds | 2 Baths | 1296 Sq. Ft. | $150,379 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1056 Sq. Ft. | $352,109 |
2 Beds | 1.5 Baths | 1021 Sq. Ft. | $299,972 |
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