Google street view image for 511 Franz Anderson Rd SE, Olympia, WA 98501

Off market jul 1992 for $45K

$418,729

Est. refi paymentEst. refi $294/mo

•

2 ba

•

1,375

sq ft

511 Franz Anderson Rd SE, Olympia, WA 98501

About this home

511 Franz Anderson Rd SE is a 1,375 square foot house on a 1.09 acre lot with 2 bedrooms and 2 bathrooms. - it last sold on July 01, 1992 for $45,000. Based on Redfin's Olympia data, we estimate the home's value is $418,729.

Single-familyProperty Type

1951Year Built

1.09 acresLot Size

$305Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$418,729

$374K since sold in July 1992$14K since October

Recently sold homes
Estimate history

This home's estimate is 1.8% lower than the average sale price ($426K) of 6 comparable homes.

SOLD OCT 23, 2026
$350,000
A
1 bed1 bath1,176 sq ft
704 Weir St SE, Olympia, WA 98501
Listing provided by nwmls
SOLD JUL 23, 2026
$479,900
B
3 beds2 baths1,246 sq ft
2001 Karen Frazier Rd SE, Olympia, WA 98501
Listing provided by nwmls
SOLD OCT 2, 2026
$349,950
C
2 beds1 bath1,260 sq ft
1516 Fones Rd SE, Olympia, WA 98501
Listing provided by nwmls
SOLD NOV 2, 2026
$459,995
D
3 beds2 baths1,545 sq ft
1518 Entrada Ct NE, Olympia, WA 98506
Listing provided by nwmls
SOLD SEP 17, 2026
$493,500
E
3 beds2 baths1,356 sq ft
2901 Applehill Ct NE, Olympia, WA 98506
Listing provided by nwmls
SOLD JUL 10, 2026
$425,000
F
3 beds2 baths1,251 sq ft
611 Phoenix St NE, Olympia, WA 98506
Listing provided by nwmls

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Sell

$392,609

Est. take-home

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Est. cash available

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Rent

$2,539/mo

Redfin rental estimate

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Market trends in 98501, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.4%

0.3% MoM

Median sale price

$575K

$25K MoM

Avg. days on market

34d

14 days MoM

Recently sold homes

153

10 MoM

New listings for sale

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Chris Nye • MLS4owners.com
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OPEN SAT, 12:30PM TO 2PM
$645,000
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Paul McLain • RE/MAX Parkside Affiliates
$599,900
3 beds2 baths1,678 sq ft
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Jan Ward • Coldwell Banker Evergreen
$499,000
3 beds2 baths1,498 sq ft
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Juli Anne Gibson • BCR LLC
VIDEO TOUR
$749,950
4 beds3 baths2,457 sq ft
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Guy Duvall • John L. Scott Lacey
$465,000
3 beds3 baths1,500 sq ft
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Rick Wilson • Virgil Adams Real Estate, Inc.
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$278,000
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Jon Minerick • homecoin.com
See all

Provided by Redfin

Sale history for 511 Franz Anderson Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$3,514 (+3.5%)

$142,500 + $187,400

$329,900

2025

$3,397 (+7.9%)

$142,500 + $187,400

$329,900

2024

$3,149 (+6.3%)

$154,300 + $161,100

$315,400

2023

$2,963 (−5.0%)

$155,900 + $161,700

$317,600

2022

$3,118 (+6.5%)

$115,600 + $180,000

$295,600

2021

$2,927 (+18.3%)

$118,600 + $135,800

$254,400

2020

$2,475 (+15.2%)

$104,100 + $119,100

$223,200

2019

$2,148 (−5.3%)

$72,300 + $120,900

$193,200

2018

$2,267 (+20.2%)

$65,200 + $95,000

$160,200

2017

$1,886 (+8.3%)

$65,200 + $95,000

$160,200

2016

$1,741 (+1.0%)

$59,000 + $84,700

$143,700

2015

$1,724 (+5.5%)

$57,900 + $79,600

$137,500

2014

$1,635

$58,450 + $69,900

$128,350

Tax history for 511 Franz Anderson Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$3,514 (+3.5%)

$142,500 + $187,400

$329,900

2025

$3,397 (+7.9%)

$142,500 + $187,400

$329,900

2024

$3,149 (+6.3%)

$154,300 + $161,100

$315,400

2023

$2,963 (−5.0%)

$155,900 + $161,700

$317,600

2022

$3,118 (+6.5%)

$115,600 + $180,000

$295,600

2021

$2,927 (+18.3%)

$118,600 + $135,800

$254,400

2020

$2,475 (+15.2%)

$104,100 + $119,100

$223,200

2019

$2,148 (−5.3%)

$72,300 + $120,900

$193,200

2018

$2,267 (+20.2%)

$65,200 + $95,000

$160,200

2017

$1,886 (+8.3%)

$65,200 + $95,000

$160,200

2016

$1,741 (+1.0%)

$59,000 + $84,700

$143,700

2015

$1,724 (+5.5%)

$57,900 + $79,600

$137,500

2014

$1,635

$58,450 + $69,900

$128,350

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

Zoning and permits

Zoning
Permits

General Commercial District

This district is intended to: Provide for those commercial uses and activities which are heavily dependent on convenient vehicular access; Encourage the location of such uses on sites having safe and efficient access to major transportation routes; Discourage extension of strip development by filling in available space in areas where substantial auto-oriented commercial development already exists; Provide development standards which enhance efficient operation of these districts, and lead to more pedestrian-oriented development; Achieve minimum adverse impact on the community, especially on adjacent properties having more restrictive development characteristics.

Permitted uses

Include but are not limited to:

Bank
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Warehouse
Office
Medical office

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of 3/4 Baths: 1
# of Bathroom Fixtures: 9

Heating & Cooling
Heating Fuel Type: Electric
Heating Type: Space

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Style Type: Rambler
Building Construction Quality: Fair
Exterior Wall: Concrete Block
Roof Shape Type: Hip

Property Information
Subdivision Name: LEACHS JOHNSON HILL
Living Sq. Ft: 1,375
Ground Floor Sq. Ft: 1,375
Building Sq. Ft: 1,375
# of Units: 1
# of Stories: 1
Legal Description: SECTION 18 TOWNSHIP 18 RANGE 1W QUARTER NE SE PLAT LEACHS JOHNSON HILL LT 1 DOCUMENT 010/002

Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 336
Garage / Carport Type: Carport

Lot Information
# of Buildings: 1
Land Sq. Ft: 47,356
Legal Lot Number: 1
School Tax District: NORTH THURSTON
Municipality Type: 114
Municipality Name: CITY OF OLYMPIA
Acres: 1.0871
Zoning Code: GC
County Use Description: RESIDENTIAL SINGLE
State Use Description: RESIDENCES

Utility Information
Sewer Type: Septic
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,375
Stories: 1.0
Lot Size: 1.09 acres
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1986
County: Thurston County
APN: 58900000100

Home facts updated by county records on Sep 18, 2026

Around this home

Schools

K - 12
Preschool & daycare

Mountain View Elementary School

Public PreK-5 • Assigned • 1.6mi

3/10

Chinook Middle School

Public 6-8 • Assigned • 1.2mi

5/10

North Thurston High School

Public 9-12 • Assigned • 0.9mi

7/10

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, 13 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 • 98501

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 8.7 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$398,000 – $482,000

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