OFF MARKET
Listed by Spence Weigand • Virgil Adams Real Estate, Inc. Bought with RE/MAX Northwest.
Off Market Jan 2017 for $565K
$1,211,930
Est. refi paymentEst. refi $3,487/mo
2
bd
•
3 ba
•
2,100
sq ft

5040 Meridian Rd NE, Olympia, WA 98516

map-entry

About this home

Single-familyProperty Type
1986Year Built
1.04 acresLot Size
$577Est. Price/Sq.Ft.
3 car garageParking
Listed by Spence Weigand • Virgil Adams Real Estate, Inc.
Listed by Sue Sandberg • Virgil Adams Real Estate, Inc.
Bought with Cari Schwisow • RE/MAX Northwest
Redfin checked: 3 minutes ago
•Source:NWMLS as Distributed by MLS Grid #1033410
Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Redfin Estimate

$1,211,930
$647K since sold in January 2017$1,000 since August

This home's estimate is 61.1% higher than the average sale price ($752K) of 6 comparable homes.

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Earn from this home

Sell
$782,280
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$3,291/mo
Redfin rental estimate

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Market trends in 98516, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
99.5%

0.3% MoM

Median sale price
$597K

$30K MoM

Avg. days on market
25d

2 days MoM

Recently sold homes
121

7 MoM

New listings for sale

Provided by Redfin

Sale history for 5040 Meridian Rd NE

Tax history for 5040 Meridian Rd NE

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

Public record

Beds
2
Baths
3
Stories
1
Lot width
100 ft.
Lot depth
350 ft.
Lot size
45,302
Year renovated
1993
Sq. Ft.
2,100
Year built
1986
Style
Single Family Residential
County
Thurston County
APN
21930321100
Parking Spaces
3
Basement
Yes
Accessible
No
HOA Dues
—
Garage
Yes
Features
Views, Waterfront
Last updated by owner on Jul 21, 2025.

Property details

Around this home

Schools

Meadows Elementary School

Public PreK-5 • Assigned • 3.9mi

6/10
Salish Middle School

Public 6-8 • Assigned • 1.9mi

5/10
River Ridge High School

Public 9-12 • Assigned • 3.4mi

4/10
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 • 98516
Average low and high temperatures (°F)
46
35
47
35
53
39
63
41
68
46
74
51
79
54
79
57
72
53
61
45
51
42
48
40
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
$1.15M – $1.39M

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Home values near 5040 Meridian Rd NE

Data from public records.
Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2016. This data may not show owner updates. Learn more.

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