Google street view image for 2502 Carpenter Rd SE, Olympia, WA 98503

Off market feb 1990 for $70K

$538,496

Est. refi paymentEst. refi $461/mo

•

2 ba

•

1,748

sq ft

2502 Carpenter Rd SE, Olympia, WA 98503

About this home

2502 Carpenter Rd SE is a 1,748 square foot multi-family home on a 0.31 acre lot with 4 bedrooms and 2 bathrooms. - it last sold on February 26, 1990 for $70,000. Based on Redfin's Olympia data, we estimate the home's value is $538,496.

Multi-familyProperty Type

1977Year Built

0.31 acresLot Size

$308Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$538,496

$468K since sold in February 1990$8,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.9% higher than the average sale price ($523K) of 6 comparable homes.

SOLD AUG 31, 2026
$525,000
A
3 beds2 baths1,753 sq ft
6416 Sierra Dr SE, Lacey, WA 98503
Listing provided by nwmls
SOLD JUL 9, 2026
$500,000
B
3 beds2.5 baths1,788 sq ft
6811 36th Ave SE, Lacey, WA 98503
Listing provided by nwmls
SOLD AUG 3, 2026
$492,275
C
4 beds2.5 baths1,686 sq ft
1502 Homann Dr SE, Lacey, WA 98503
Listing provided by nwmls
SOLD JUL 6, 2026
$490,000
D
3 beds2 baths1,685 sq ft
6909 33rd Ave SW, Lacey, WA 98503
Listing provided by nwmls
SOLD OCT 7, 2026
$597,796
E
3 beds2 baths2,400 sq ft
3401 Ida Jane Rd SE, Lacey, WA 98503
Listing provided by nwmls
SOLD AUG 19, 2026
$535,000
F
3 beds2 baths1,418 sq ft
6006 16th Ave SE, Lacey, WA 98503
Listing provided by nwmls

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Earn from this home

Sell

$505,502

Est. take-home

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Refinance

Est. cash available

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Market trends in 98503, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.2%

+0.7% MoM

Median sale price

$487K

$3K MoM

Avg. days on market

16d

1 days MoM

Recently sold homes

107

1 MoM

New listings for sale

OPEN SAT, 11AM TO 1PM
$624,500
3 beds2 baths2,026 sq ft
8228 12th Ct SE, Olympia, WA 98503
Kyle Kanda • Olympic Sotheby's Int'l Realty
NEW
$480,000
3 beds2 baths1,354 sq ft
7848 Royal Oak Dr SE, Lacey, WA 98503
Todd Colvin • eXp Realty
NEW
$494,999
3 beds2 baths1,547 sq ft
7604 39th Ct SE, Lacey, WA 98503
Jami Downing • Abbey Realty Inc
NEW
$459,900
3 beds2 baths1,235 sq ft
4809 30th Ct SE, Lacey, WA 98503
Desiree Day • Century 21 Van Dorm Realty
$584,950
3 beds2.5 baths1,783 sq ft
5519 Ken Jan Ct SE, Lacey, WA 98503
Justin Clement • BHGRE - Northwest Home Team
$1,099,000
6 beds3.5 baths3,555 sq ft
3807 Lanier Ct SE, Lacey, WA 98503
Chase Lipke • Century 21 Van Dorm Realty
$300,000
2 beds2.5 baths1,671 sq ft
3300 Carpenter Rd SE #78, Lacey, WA 98503
Marlece Lasher • Carrier Capital Real Estate
$535,000
3 beds2.5 baths2,154 sq ft
4718 Helena Ave SE, Lacey, WA 98503
Matt Brady • BHGRE - Northwest Home Team
$389,900
3 beds3 baths1,714 sq ft
6906 36th Ave, Lacey, WA 98503
Clif Matthews • ADT Realty
OPEN SAT, 11AM TO 2PM
$299,900
2 beds2 baths2,128 sq ft
1903 SE Poppy Ln SE #106, Olympia, WA 98503
Al Eckroth • PNW Towns and Sound
See all

Provided by Redfin

Sale history for 2502 Carpenter Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$5,698 (+8.3%)

$255,000 + $280,800

$535,800

2025

$5,263 (+13.0%)

$255,000 + $280,800

$535,800

2024

$4,657 (+14.6%)

$247,400 + $245,500

$492,900

2023

$4,065 (+7.7%)

$221,200 + $250,800

$472,000

2022

$3,774 (+5.2%)

$199,200 + $207,600

$406,800

2021

$3,589 (+8.0%)

$143,600 + $167,600

$311,200

2020

$3,322 (+20.7%)

$90,600 + $184,900

$275,500

2019

$2,752 (−16.4%)

$111,500 + $150,300

$261,800

2018

$3,291 (+26.9%)

$92,800 + $139,200

$232,000

2017

$2,594 (+15.6%)

$92,800 + $139,200

$232,000

2016

$2,244 (−1.2%)

$58,100 + $130,400

$188,500

2015

$2,272 (+5.5%)

$60,300 + $103,000

$163,300

2014

$2,154 (+2.3%)

$66,000 + $91,900

$157,900

2013

$2,106 (+23.1%)

$66,000 + $91,900

$157,900

2012

$1,711 (−5.0%)

$56,700 + $82,000

$138,700

2011

$1,800 (−2.7%)

$48,100 + $72,900

$121,000

2010

$1,850 (+1.4%)

$62,850 + $78,700

$141,550

2009

$1,824

$80,800 + $81,200

$162,000

Tax history for 2502 Carpenter Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$5,698 (+8.3%)

$255,000 + $280,800

$535,800

2025

$5,263 (+13.0%)

$255,000 + $280,800

$535,800

2024

$4,657 (+14.6%)

$247,400 + $245,500

$492,900

2023

$4,065 (+7.7%)

$221,200 + $250,800

$472,000

2022

$3,774 (+5.2%)

$199,200 + $207,600

$406,800

2021

$3,589 (+8.0%)

$143,600 + $167,600

$311,200

2020

$3,322 (+20.7%)

$90,600 + $184,900

$275,500

2019

$2,752 (−16.4%)

$111,500 + $150,300

$261,800

2018

$3,291 (+26.9%)

$92,800 + $139,200

$232,000

2017

$2,594 (+15.6%)

$92,800 + $139,200

$232,000

2016

$2,244 (−1.2%)

$58,100 + $130,400

$188,500

2015

$2,272 (+5.5%)

$60,300 + $103,000

$163,300

2014

$2,154 (+2.3%)

$66,000 + $91,900

$157,900

2013

$2,106 (+23.1%)

$66,000 + $91,900

$157,900

2012

$1,711 (−5.0%)

$56,700 + $82,000

$138,700

2011

$1,800 (−2.7%)

$48,100 + $72,900

$121,000

2010

$1,850 (+1.4%)

$62,850 + $78,700

$141,550

2009

$1,824

$80,800 + $81,200

$162,000

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

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 12

Heating & Cooling
Heating Fuel Type: Electric
Heating Type: Baseboard

Fireplace Information
# of Fireplaces: 2
Fireplace Type: Wood Stove
Has Fireplace

Exterior

Exterior Information
Physical Condition: Good
Foundation Type: Concrete
Building Style Type: Duplex
Building Construction Quality: Average
Roof Shape Type: Gable/Hip

Property Information
Living Sq. Ft: 1,748
Ground Floor Sq. Ft: 1,748
Building Sq. Ft: 2,420
# of Units: 2
# of Stories: 1
Legal Description: SECTION 27 TOWNSHIP 18 RANGE 1W QUARTER NW NE SS-0296 LT 1 DOCUMENT 4/434 LESS CARPENTER RD ON W

Parking & Garage Information
Parking Type: Built-In Garage
Garage/Parking Sq. Ft: 672
Garage / Carport Type: Built In

Lot Information
# of Buildings: 1
Land Sq. Ft: 13,504
Legal Lot Number: 1
School Tax District: NORTH THURSTON
Municipality Type: 239
Municipality Name: CITY OF NORTH THURSTON
Acres: 0.31
Zoning Code: LD 0-4
County Use Description: RESIDENTIAL 2-4 UNIT
State Use Description: DUPLEXES/FOURPLEXES

Utility Information
Sewer Type: Septic
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,748
Stories: 1.0
Lot Size: 0.31 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1977
Year Renovated: 1991
County: Thurston County
APN: 11827122101

Home facts updated by county records on Sep 18, 2026

Around this home

Schools

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)

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

$512,000 – $620,000

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New listings for sale in 98503

OPEN SAT, 11AM TO 1PM

$624,500

3 beds2 baths2,026 sq ft

8228 12th Ct SE, Olympia, WA 98503