7240 Meridian Rd SE Unit B is a 2,592 square foot multi-family home on a 5.19 acre lot with 2 bedrooms and 3 bathrooms. Based on Redfin's Olympia data, we estimate the home's value is $596,271.
Multi-familyProperty Type
1977Year Built
5.19 acresLot Size
$230Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$596,271
$18K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16.1% lower than the average sale price ($711K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$4,157 (−3.1%)
$200,000 + $369,800
$569,800
2025
$4,290 (−16.9%)
$200,000 + $369,800
$569,800
2024
$5,162 (+20.6%)
$194,000 + $379,000
$573,000
2023
$4,280 (−0.6%)
$227,200 + $303,200
$530,400
2022
$4,307 (−27.0%)
$156,700 + $303,700
$460,400
2021
$5,900 (−3.9%)
$161,700 + $230,000
$391,700
2020
$6,138 (+57.7%)
$154,800 + $311,200
$466,000
2019
$3,892 (−8.0%)
$248,300 + $229,100
$477,400
2018
$4,230 (+6.3%)
$111,500 + $197,900
$309,400
2017
$3,980 (+8.8%)
$111,500 + $197,900
$309,400
2016
$3,657 (+7.7%)
$112,050 + $188,700
$300,750
2015
$3,394 (+2.6%)
$91,300 + $171,200
$262,500
2014
$3,309
$97,850 + $129,400
$227,250
2013
$3,308 (−21.8%)
$97,850 + $129,400
$227,250
2012
$4,232 (+4.5%)
$91,300 + $127,500
$218,800
2011
$4,051 (+7.9%)
$143,000 + $173,400
$316,400
2010
$3,754 (+7.5%)
$152,500 + $178,900
$331,400
2009
$3,493
$171,600 + $174,200
$345,800
Tax history for 7240 Meridian Rd SE Unit B
Year
Property tax
Land + Additions
Assessment*
2026
$4,157 (−3.1%)
$200,000 + $369,800
$569,800
2025
$4,290 (−16.9%)
$200,000 + $369,800
$569,800
2024
$5,162 (+20.6%)
$194,000 + $379,000
$573,000
2023
$4,280 (−0.6%)
$227,200 + $303,200
$530,400
2022
$4,307 (−27.0%)
$156,700 + $303,700
$460,400
2021
$5,900 (−3.9%)
$161,700 + $230,000
$391,700
2020
$6,138 (+57.7%)
$154,800 + $311,200
$466,000
2019
$3,892 (−8.0%)
$248,300 + $229,100
$477,400
2018
$4,230 (+6.3%)
$111,500 + $197,900
$309,400
2017
$3,980 (+8.8%)
$111,500 + $197,900
$309,400
2016
$3,657 (+7.7%)
$112,050 + $188,700
$300,750
2015
$3,394 (+2.6%)
$91,300 + $171,200
$262,500
2014
$3,309
$97,850 + $129,400
$227,250
2013
$3,308 (−21.8%)
$97,850 + $129,400
$227,250
2012
$4,232 (+4.5%)
$91,300 + $127,500
$218,800
2011
$4,051 (+7.9%)
$143,000 + $173,400
$316,400
2010
$3,754 (+7.5%)
$152,500 + $178,900
$331,400
2009
$3,493
$171,600 + $174,200
$345,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
MGSA
Mcallister Geologically Sensitive Area District
The purpose of this district is to provide for residential, commercial, and agricultural uses of a type and density which will minimize the potential for contamination or significant loss in recharge capacity of a vulnerable groundwater aquifer and potable water source of great importance to the general public. This exercise of the police power (regulatory power) is necessary to preserve the public health, safety, and welfare.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 2
# of Bathroom Fixtures: 14
Heating & Cooling
Heating Fuel Type: Electric
Heating Type: Radiant Electric
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Exterior
Exterior Information
Physical Condition: Good
Foundation Type: Block
Building Style Type: Duplex
Building Construction Quality: Average
Exterior Wall: Wood Siding
Roof Shape Type: Gable
Property Information
Subdivision Name: EATON DLC
Living Sq. Ft: 2,592
Ground Floor Sq. Ft: 1,944
Building Sq. Ft: 3,384
# of Units: 2
# of Stories: 2
Legal Description: SECTION 06 TOWNSHIP 17 RANGE 1E QUARTER GOV LT 4 & DONATION LAND CLAIM EATON DLC BEG INTERSECTION OF E LN EVERGREEN VALLEY RD & S LN SEC 6; ALG E LN N01-46-52E 66.66F; ALG CURVE TO LEFT RAD
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 1,092
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 226,076
Legal Lot Number: 4
School Tax District: YELM
Municipality Type: 185
Municipality Name: CITY OF YELM
Acres: 5.19
Zoning Code: MGSA
County Use Description: RESIDENTIAL 2-4 UNIT
State Use Description: DUPLEXES/FOURPLEXES
Location Information
Parcel Location Influence: Ocean
Utility Information
Sewer Type: Septic
Water Service Type: Well
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 3.0
Sq. Ft.: 2,592
Stories: 2.0
Lot Size: 5.19 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1977
Year Renovated: 1991
County: Thurston County
APN: 09350008002
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Southworth Elementary School
Public PreK-5 • Assigned • 4.6mi
6/10
Yelm Middle School
Public 6-8 • Assigned • 6.6mi
6/10
Yelm High School 12
Public 9-12 • Assigned • 5.7mi
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 87° 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, 9 days in 30 years
Provided by First Street
Historical weather
Olympia, WA • 98513
Average low and high temperatures (°F)
47
34
48
34
54
38
63
39
69
45
74
50
80
54
79
57
73
52
61
44
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
$567,000 – $686,000
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