OFF MARKET

Listed by Garett Hall • Prime Locations Inc. Bought with Coldwell Banker Evergreen.

Off market jun 2022 for $495K

$540,539

—

•

— ba

•

—

sq ft

2346 SE Carpenter Rd, Olympia, WA 98503

About this home

Multi-familyProperty Type

1965Year Built

8,712 sq ftLot Size

4 spacesParking

Listed by Garett Hall • Prime Locations Inc.

Bought with Bob Jorgenson • Coldwell Banker Evergreen

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1901468

Redfin Estimate

$540,539

$46K since sold in June 2022$9,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.2% higher than the average sale price ($491K) of 6 comparable homes.

SOLD OCT 26, 2026
$402,000
A
3 beds2 baths1,712 sq ft
4911 20th Ave SE, Lacey, WA 98503
Listing provided by nwmls
SOLD AUG 3, 2026
$492,275
B
4 beds2.5 baths1,686 sq ft
1502 Homann Dr SE, Lacey, WA 98503
Listing provided by nwmls
SOLD JUL 6, 2026
$490,000
C
3 beds2 baths1,685 sq ft
6909 33rd Ave SW, Lacey, WA 98503
Listing provided by nwmls
SOLD AUG 28, 2026
$510,000
D
3 beds2 baths1,649 sq ft
5705 18th Ave SE, Lacey, WA 98503
Listing provided by nwmls
SOLD MAY 8, 2026
$509,000
E
4 beds2 baths1,959 sq ft
1806 Alanna Dr SE, Lacey, WA 98503
Listing provided by nwmls
SOLD JAN 15, 2026
$540,000
F
3 beds2 baths1,560 sq ft
2306 Shirley St SE, Lacey, WA 98503
Listing provided by nwmls

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$145,427

Est. take-home

List your home with Redfin and save $5,405

Market trends in 98503, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.4%

0.7% MoM

Median sale price

$482K

$5K MoM

Avg. days on market

16d

0 days MoM

Recently sold homes

101

4 MoM

New listings for sale

OPEN SUN, 1PM TO 3PM
$285,500
2 beds2 baths2,080 sq ft
8127 SE 20th Ln #20, Lacey, WA 98503
Sharen Herring • Networks Real Estate LLC
NEW
$500,000
4 beds2.5 baths1,688 sq ft
3909 Northridge Pl SE, Lacey, WA 98503
Trisha Stone • COMPASS
OPEN SUN, 11AM TO 1PM
$284,000
3 beds2 baths1,434 sq ft
3597 Channel View Ln SE, Lacey, WA 98503
Karen Hake • KW Lake Washington So
$255,000
3 beds2 baths1,200 sq ft
3928 21st Ave SE, Lacey, WA 98503
Jay Karlin • RE/MAX Northwest
SHORT SALE
$475,000
3 beds1.5 baths1,180 sq ft
2003 Sycamore St SE, Lacey, WA 98503
Amanda Culp • eXp Realty
OPEN NOV 21, 11AM TO 1PM
$470,000
3 beds2 baths1,456 sq ft
7441 45th Ave SE, Lacey, WA 98503
Phil Harlan • Keller Williams South Sound
$449,900
3 beds2.5 baths1,535 sq ft
4217 Beaumont Ln SE, Lacey, WA 98503
Paul Oczkewicz • Virgil Adams Real Estate, Inc.
$535,000
3 beds2.5 baths2,028 sq ft
4638 Colleen St SE, Lacey, WA 98503
Liza Nilsen • eXp Realty
3D WALKTHROUGH
$499,999
3 beds2.5 baths1,972 sq ft
7821 24th Ct SE, Lacey, WA 98503
Tia Yeo • Top Agency
OPEN TODAY, 11AM TO 3PM
$570,000
4 beds2.5 baths2,200 sq ft
4223 Maricite, Lacey, WA 98503
RICHARD Yao • LPT Realty LLC
See all

Provided by Redfin

Sale history for 2346 SE Carpenter Rd

Year

Property tax

Land + Additions

Assessment*

2026

$5,184 (+8.9%)

$255,000 + $231,100

$486,100

2025

$4,761 (+13.5%)

$255,000 + $231,100

$486,100

2024

$4,196 (+18.8%)

$247,400 + $197,100

$444,500

2023

$3,534 (+15.4%)

$224,700 + $199,000

$423,700

2022

$3,063 (−1.5%)

$187,000 + $164,500

$351,500

2021

$3,108 (+9.2%)

$117,300 + $132,700

$250,000

2020

$2,846 (+21.0%)

$89,900 + $147,000

$236,900

2019

$2,352 (−25.8%)

$103,000 + $119,500

$222,500

2018

$3,169 (+41.0%)

$110,500 + $112,500

$223,000

2017

$2,247 (+3.0%)

$110,500 + $112,500

$223,000

2016

$2,181 (+0.7%)

$57,600 + $104,200

$161,800

2015

$2,165 (+5.0%)

$71,400 + $87,000

$158,400

2014

$2,061 (+1.1%)

$78,100 + $72,600

$150,700

2013

$2,039 (+2.0%)

$78,100 + $72,600

$150,700

2012

$1,999 (−4.4%)

$78,100 + $63,900

$142,000

2011

$2,090 (−3.9%)

$48,400 + $104,600

$153,000

2010

$2,175 (−1.3%)

$62,850 + $113,500

$176,350

2009

$2,203

$80,800 + $121,300

$202,100

Tax history for 2346 SE Carpenter Rd

Year

Property tax

Land + Additions

Assessment*

2026

$5,184 (+8.9%)

$255,000 + $231,100

$486,100

2025

$4,761 (+13.5%)

$255,000 + $231,100

$486,100

2024

$4,196 (+18.8%)

$247,400 + $197,100

$444,500

2023

$3,534 (+15.4%)

$224,700 + $199,000

$423,700

2022

$3,063 (−1.5%)

$187,000 + $164,500

$351,500

2021

$3,108 (+9.2%)

$117,300 + $132,700

$250,000

2020

$2,846 (+21.0%)

$89,900 + $147,000

$236,900

2019

$2,352 (−25.8%)

$103,000 + $119,500

$222,500

2018

$3,169 (+41.0%)

$110,500 + $112,500

$223,000

2017

$2,247 (+3.0%)

$110,500 + $112,500

$223,000

2016

$2,181 (+0.7%)

$57,600 + $104,200

$161,800

2015

$2,165 (+5.0%)

$71,400 + $87,000

$158,400

2014

$2,061 (+1.1%)

$78,100 + $72,600

$150,700

2013

$2,039 (+2.0%)

$78,100 + $72,600

$150,700

2012

$1,999 (−4.4%)

$78,100 + $63,900

$142,000

2011

$2,090 (−3.9%)

$48,400 + $104,600

$153,000

2010

$2,175 (−1.3%)

$62,850 + $113,500

$176,350

2009

$2,203

$80,800 + $121,300

$202,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

1989

Sq. Ft.

1,704

Year built

1965

Style

Multi-Family (2-4 Unit)

County

Thurston County

APN

11822430700

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 2
Covered Spaces: 2
Open Parking Spaces: 2
Has Open Parking

Interior

Heating & Cooling
Has Heating

Multi-Family Financial Information
Insurance Expense: $1,200
Other Expense: $1,000
Net Operating Income: $27,358
Gross Adjusted Income: 33120
Gross Scheduled Income: $33,120
Total Monthly Income: 2760
Gross Rent Multiplier: 14.94
Total Expenses: 5762

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family

Lot Information
MLS Lot Size Source: Assessor
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,062
Tax Year: 2022

Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Utilities: Septic System, Electric
Water Sewer Garbage: 500

Location

School Information
High School District: North Thurston

Location Information
Directions: From Lacey Blvd head south on Carpenter Rd. Property is on the left-hand side roughly 1.2 miles.

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,704
Stories: 1.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1965
Year Renovated: 1989
County: Thurston County
APN: 11822430700

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Monday, March 21, 2022
On Market Date: Monday, March 14, 2022

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Year Built Effective: 1965
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1

Around this home

Schools

K - 12
Preschool & daycare

Woodland Elementary School

Public PreK-5 • Assigned • 1.5mi

7/10

Nisqually Middle School

Public 6-8 • Assigned • 1.9mi

5/10

Timberline High School

Public 9-12 • Assigned • 1.3mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 88° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Olympia, WA • 98503

Average low and high temperatures (°F)

46°

34°

48°

35°

54°

39°

63°

40°

69°

46°

74°

50°

80°

54°

79°

57°

74°

52°

59°

43°

51°

41°

48°

39°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$514,000 – $622,000

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OPEN NOV 21, 11AM TO 1PM

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Home values near 2346 SE Carpenter Rd

Data from public records.

Address	Redfin Estimate
2316 Carpenter Rd SE, Olympia, WA 4 Beds \| 2.5 Baths \| 2194 Sq. Ft.	$536,066
2335 Carpenter Rd SE, Lacey, WA 3 Beds \| 1 Baths \| 1572 Sq. Ft.	$522,114
2502 Carpenter Rd SE, Olympia, WA 4 Beds \| 2 Baths \| 1748 Sq. Ft.	$528,294
2344 Carpenter Rd SE, Olympia, WA - Beds \| - Baths \| 3016 Sq. Ft.	$836,280
2434 Carpenter Rd NE, Olympia, WA 1 Beds \| 1 Baths \| 588 Sq. Ft.	$374,738
6905 Holmes Island Rd SE Apt A, Olympia, WA 4 Beds \| 2 Baths \| 2208 Sq. Ft.	$571,382
2231 Monique Ct SE, Olympia, WA 4 Beds \| 2 Baths \| 1965 Sq. Ft.	$535,481

Address	Redfin Estimate
2332 Carpenter Rd SE, Lacey, WA 3 Beds \| 2.5 Baths \| 1486 Sq. Ft.	$474,274
2217 Carpenter Rd SE, Lacey, WA 4 Beds \| 3.5 Baths \| 2884 Sq. Ft.	$718,548
2411 Carpenter Rd SE, Lacey, WA 2 Beds \| 1 Baths \| 952 Sq. Ft.	$402,626
2333 Carpenter Rd SE, Lacey, WA 3 Beds \| 3 Baths \| 2293 Sq. Ft.	$940,227
2339 Carpenter Rd SE, Lacey, WA 3 Beds \| 2.5 Baths \| 1999 Sq. Ft.	$537,343
6833 Holmes Island Rd SE, Olympia, WA 6 Beds \| 2 Baths \| 4289 Sq. Ft.	$791,103
2227 Monique Ct SE, Olympia, WA 3 Beds \| 2 Baths \| 2342 Sq. Ft.	$565,697

Address	Redfin Estimate
2345 Carpenter Rd SE, Lacey, WA 4 Beds \| 2 Baths \| 2567 Sq. Ft.	$969,827
2502 Carpenter Rd SE Apt A, Olympia, WA 4 Beds \| 1 Baths \| 874 Sq. Ft.	$414,678
2416 Carpenter Rd SE, Olympia, WA 1 Beds \| 1 Baths \| 694 Sq. Ft.	$279,517
2327 Carpenter Rd SE, Lacey, WA 3 Beds \| 2 Baths \| 1568 Sq. Ft.	$601,203
2502 Carpenter Rd SE Apt A&B, Lacey, WA - Beds \| - Baths \| 1748 Sq. Ft.	$531,670
6827 Holmes Island Rd SE, Olympia, WA 3 Beds \| 2 Baths \| 1874 Sq. Ft.	$479,346
6905 Holmes Island Dr SE Apt A &B, Lacey, WA - Beds \| - Baths \| 2736 Sq. Ft.	$614,407

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98503, WA

Sale history for 2346 SE Carpenter Rd

Tax history for 2346 SE Carpenter Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98503

Home values near 2346 SE Carpenter Rd

More real estate resources