OFF MARKET

Listed by Robert McFadden • RE/MAX Northwest. Bought with RE/MAX Northwest.

Off Market Jul 2015 for $110K

$372,132

Est. refi paymentEst. refi $695/mo

•

872

sq ft

5243 Libby Rd NE, Olympia, WA 98506

About this home

Beautiful piece of property on desirable Libby road! A full 2 acres flat and all usable. The home is in need of updates or replacement, several other outbuildings on the property. The property is priced for the value of the land only. With well, septic and power already present makes this a great opportunity to build your dream home. Or for the industrious, renovate the exising structure and have a charming property. Priced below assessed value!!

Single-familyProperty Type

1963Year Built

2 acresLot Size

$427Est. Price/Sq.Ft.

1 spaceParking

Listed by Robert McFadden • RE/MAX Northwest

Bought with Robert McFadden • RE/MAX Northwest

Redfin checked: 12 minutes ago

•Source:NWMLS as Distributed by MLS Grid #797755

Redfin Estimate

$372,132

$262K since sold in July 2015$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 33.2% lower than the average sale price ($557K) of 6 comparable homes.

SOLD APR 28, 2026
$552,000
A
2 beds2 baths1,028 sq ft
3001 South Bay Rd NE, Olympia, WA 98506
SOLD DEC 23, 2025
$575,000
B
3 beds2 baths1,581 sq ft
4125 Libby Rd NE, Olympia, WA 98506
SOLD JUL 8, 2026
$507,000
C
3 beds1 bath1,486 sq ft
5519 Johnson Point Rd NE, Olympia, WA 98516
SOLD JUN 18, 2026
$570,000
D
3 beds2 baths1,336 sq ft
6948 Boston Harbor Rd NE, Olympia, WA 98506
SOLD MAY 26, 2026
$725,000
E
3 beds2 baths1,728 sq ft
2803 77th Ave NE, Olympia, WA 98506
SOLD AUG 18, 2026
$412,000
F
2 beds1 bath1,066 sq ft
4711 Johnson Point Rd NE, Olympia, WA 98516

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

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,041/mo

Redfin rental estimate

List your home for rent

Market trends in 98506, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

0.1% MoM

Median sale price

$605K

$10K MoM

Avg. days on market

23d

12 days MoM

Recently sold homes

2 MoM

New listings for sale

VIDEO TOUR
$599,000
3 beds2.5 baths1,472 sq ft
418 Frederick St NE, Olympia, WA 98506
Madison Del Vigo • Coldwell Banker Evergreen
3D WALKTHROUGH
$1,450,000
3 beds3 baths3,329 sq ft
5508 South Bay Terrace Dr NE, Olympia, WA 98516
Jim Clerget • Realty One Group Bold
$950,000
4 beds2.5 baths2,592 sq ft
1640 Springwood Ave NE, Olympia, WA 98506
Cherie McNeal • Coldwell Banker Evergreen
$735,500
2 beds2 baths1,979 sq ft
8327 Libby Rd NE, Olympia, WA 98506
Tiffany Weil • eXp Realty
$149,000
2 beds1 bath1,056 sq ft
4806 Cushman Rd NE #136, Olympia, WA 98506
Natalie Buckey • Riley Jackson Real Estate Inc.
$900,000
3 beds1 bath1,560 sq ft
8325 Zangle Rd NE, Olympia, WA 98506
Phil Harlan • Keller Williams South Sound
$95,000
3 beds2 baths1,344 sq ft
4805 Cushman Rd NE #122, Olympia, WA 98506
Paul Klenk • Century 21 Van Dorm Realty
$500,000
3 beds2 baths1,901 sq ft
909 Fir St NE, Olympia, WA 98506
Rachel Taylor • Pettit Realty LLC
$339,950
3 beds1 bath1,284 sq ft
3424 26th Ave NE, Olympia, WA 98506
Alex Bradshaw • Inspire Realty
See all

Provided by Redfin

Sale history for 5243 Libby Rd NE

Year

Property tax

Land + Additions

Assessment*

2026

$6,105 (+5.7%)

$257,100 + $287,400

$544,500

2025

$5,774 (+12.5%)

$257,100 + $287,400

$544,500

2024

$5,133 (+12.5%)

$243,500 + $280,000

$523,500

2023

$4,564 (−1.0%)

$217,000 + $271,600

$488,600

2022

$4,610 (+11.3%)

$169,700 + $284,400

$454,100

2021

$4,142 (+7.8%)

$168,200 + $224,200

$392,400

2020

$3,841 (+25.7%)

$127,600 + $195,200

$322,800

2019

$3,056 (+67.3%)

$111,300 + $179,900

$291,200

2018

$1,827 (+16.5%)

$90,300 + $41,400

$131,700

2017

$1,568 (−24.0%)

$90,300 + $41,400

$131,700

2016

$2,063 (+1,181.4%)

$102,750 + $49,800

$152,550

2015

$161 (−1.1%)

$99,700 + $54,300

$154,000

2014

$163 (−4.2%)

$105,250 + $50,000

$155,250

2013

$170 (+7.1%)

$105,250 + $50,000

$155,250

2012

$159 (+2.9%)

$88,650 + $43,000

$131,650

2011

$154 (+11.1%)

$116,350 + $53,200

$169,550

2010

$139 (+13.0%)

$121,900 + $55,000

$176,900

2009

$123

$151,800 + $50,700

$202,500

Tax history for 5243 Libby Rd NE

Year

Property tax

Land + Additions

Assessment*

2026

$6,105 (+5.7%)

$257,100 + $287,400

$544,500

2025

$5,774 (+12.5%)

$257,100 + $287,400

$544,500

2024

$5,133 (+12.5%)

$243,500 + $280,000

$523,500

2023

$4,564 (−1.0%)

$217,000 + $271,600

$488,600

2022

$4,610 (+11.3%)

$169,700 + $284,400

$454,100

2021

$4,142 (+7.8%)

$168,200 + $224,200

$392,400

2020

$3,841 (+25.7%)

$127,600 + $195,200

$322,800

2019

$3,056 (+67.3%)

$111,300 + $179,900

$291,200

2018

$1,827 (+16.5%)

$90,300 + $41,400

$131,700

2017

$1,568 (−24.0%)

$90,300 + $41,400

$131,700

2016

$2,063 (+1,181.4%)

$102,750 + $49,800

$152,550

2015

$161 (−1.1%)

$99,700 + $54,300

$154,000

2014

$163 (−4.2%)

$105,250 + $50,000

$155,250

2013

$170 (+7.1%)

$105,250 + $50,000

$155,250

2012

$159 (+2.9%)

$88,650 + $43,000

$131,650

2011

$154 (+11.1%)

$116,350 + $53,200

$169,550

2010

$139 (+13.0%)

$121,900 + $55,000

$176,900

2009

$123

$151,800 + $50,700

$202,500

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.22 Acres

Year renovated

1989

Sq. Ft.

672

Year built

1963

Style

Single Family Residential

County

Thurston County

APN

12925140400

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

RRR1/5

Rural Residential/Resource One Dwelling Unit Per Five Acre District

The purpose of this chapter is to encourage residential development that maintains the county's rural character; provides opportunities for compatible agricultural, forestry and other rural land uses; is sensitive to the site's physical characteristics; provides greater opportunities for protecting sensitive environmental areas and creating open space corridors; enables efficient road and utility systems; and does not create demands for urban level services.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Multiple units

Property details

Parking

Parking Information
Covered Spaces: 1
Has Carport

Interior

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2
Bedrooms Possible: 2

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1

Room 1 Information
Room Type: Bedroom
Room Level: Main

Room 2 Information
Room Type: Entry Hall
Room Level: Main

Room 3 Information
Room Type: Kitchen Without Eating Space
Room Level: Main

Room 4 Information
Room Type: Bathroom Full
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Level: Main

Room 6 Information
Room Type: Primary Bedroom
Room Level: Main

Room 7 Information
Room Type: Dining Room
Room Level: Main

Room 8 Information
Room Type: Bathroom Half
Room Level: Main

Basement Information
Basement Features: None

Heating & Cooling
Has Heating

Interior Features
Interior Features: Water Heater

Exterior

Building Information
Building Information: Built On Lot
Roof: Metal

Exterior Features
Exterior Features: Wood

Property Information
Sq. Ft. Finished: 872
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Fixer

Land Information
Vegetation: Garden Space, Pasture

Lot Information
MLS Lot Size Source: Assessor
Site Features: Fenced-Partially,Outbuildings
Zoning Jurisdiction: County
Lot Features: Paved, Value In Land
Lot Size Units: Square Feet
Lot Size Acres: 2
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $1,934
Tax Year: 2015

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

Utilities

Utility Information
Water Source: Individual Well
Water Company: Well
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Septic System, Electric, Individual Well
Water Heater Location: Bathroom
Water Heater Type: Electric

Location

Multi-Unit Information
Furnished: Unfurnished

School Information
Elementary School: Boston Harbor Elem
Middle Or Junior High School: Reeves Mid
High School: Olympia High
High School District: Olympia

Location Information
Directions: N on Libby road to property on the L
Topography: Equestrian,Level

Community Information
Senior Exemption: false

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 672
Stories: 1.0
Lot Size: 1.22 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1989
County: Thurston County
APN: 12925140400

Home facts updated by county records on Jun 22, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, June 4, 2015

Green Information
Power Production Type: Electric

Home Information
Living Area: 872
Living Area Units: Square Feet
Calculated Square Footage: 872
MLS Square Footage Source: Assessor
Building Area Total: 872
Building Area Units: Square Feet
Foundation Details: Post & Block, Slab
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

Boston Harbor Elementary School

Public PreK-5 • Assigned • 2.1mi

7/10

Reeves Middle School

Public 6-8 • Assigned • 3.2mi

8/10

Olympia High School

Public 9-12 • Assigned • 6.3mi

9/10

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

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

Provided by First Street

Historical weather

Olympia, WA • 98506

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

$354,000 – $428,000

Sell confidently with a local market expert in Olympia. 3 minutes to get started.

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Home values near 5243 Libby Rd NE

Data from public records.

Address	Redfin Estimate
5424 Libby Road Northeast, Olympia, WA 3 Beds \| 3 Baths \| 2053 Sq. Ft.	$920,467
5011 Libby Road Northeast, Olympia, WA 3 Beds \| 2 Baths \| 1726 Sq. Ft.	$649,516

Address	Redfin Estimate
5401 Libby Road Northeast, Olympia, WA 3 Beds \| 2 Baths \| 2363 Sq. Ft.	$727,714
4941 Libby Road Northeast, Olympia, WA 3 Beds \| 2 Baths \| 1677 Sq. Ft.	$754,191

Address	Redfin Estimate
5413 Libby Road Northeast, Olympia, WA 3 Beds \| 2 Baths \| 1632 Sq. Ft.	$717,527
5303 Libby Road Northeast, Olympia, WA 2 Beds \| 2 Baths \| 1484 Sq. Ft.	$578,528

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2015. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98506, WA

Sale history for 5243 Libby Rd NE

Tax history for 5243 Libby Rd NE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98506

Home values near 5243 Libby Rd NE

More real estate resources