Listed by Patrick Thier • Virgil Adams Real Estate, Inc. Bought with Blade Realty LLC.

Off market dec 2021 for $410K

$545,850

Est. refi paymentEst. refi $1,549/mo

—

•

— ba

•

1,600

sq ft

7343 Fair Oaks Dr SE, Olympia, WA 98503

About this home

Looking for a good multi-family investment with a country feel? Take a look at this well cared-for duplex on .68 acres situated across the street from Pattison Lake. Built in 1978, each side of this duplex offers 800 SF, 2 decent sized BR's, and 1 full BA. Newer double-pane windows, eat-in kitchen with sliders to a private patio, and laundry hook-ups inside. Aside from newer carpets, interiors are mostly original, but in good shape. There's a double carport on site, as well as plenty of room for off-street parking. Thurston PUD community water, private septic, and shared well (with agreement in place) for outside usage. Great location; quiet, but not too far from town.

Multi-familyProperty Type

1978Year Built

0.68 acresLot Size

$341Est. Price/Sq.Ft.

4 spacesParking

Listed by Patrick Thier • Virgil Adams Real Estate, Inc.

Listed by Karen Thurston • Virgil Adams Real Estate, Inc.

Bought with TD Ward • Blade Realty LLC

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1846891

Redfin Estimate

$545,850

$136K since sold in December 2021$3,000 since September

Recently sold homes
Estimate history

This home's estimate is 7.3% higher than the average sale price ($509K) of 6 comparable homes.

SOLD SEP 8, 2026
$530,000
A
3 beds2 baths1,559 sq ft
5237 Pattison Lake Ln SE, Olympia, WA 98513
Listing provided by nwmls
SOLD APR 24, 2026
$460,000
B
3 beds2 baths1,686 sq ft
7645 Fair Oaks Loop SE, Olympia, WA 98513
Listing provided by nwmls
SOLD MAY 15, 2026
$510,000
C
4 beds2 baths1,748 sq ft
6119 Winnwood Loop SE, Olympia, WA 98513
Listing provided by nwmls
SOLD MAR 11, 2026
$530,000
D
3 beds2 baths1,663 sq ft
5401 Carpenter Rd SE, Olympia, WA 98513
Listing provided by nwmls
SOLD JUN 24, 2026
$499,999
E
3 beds2 baths1,592 sq ft
5821 Winnwood Dr SE, Olympia, WA 98513
Listing provided by nwmls
SOLD MAY 28, 2026
$522,000
F
3 beds2 baths1,451 sq ft
6724 50th Ct SE, Olympia, WA 98513
Listing provided by nwmls

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Earn from this home

Sell

$214,433

Est. take-home

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Refinance

Est. cash available

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Market trends in 98513, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

0.2% MoM

Median sale price

$520K

$22K MoM

Avg. days on market

35d

1 days MoM

Recently sold homes

151

6 MoM

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See all

Provided by Redfin

Sale history for 7343 Fair Oaks Dr SE

Date

Event

Price

Dec 23, 2021

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #1846891

$410,000

$256/sq ft

Oct 11, 2021

Pending

NWMLS as Distributed by MLS Grid #1846891

—

Sep 30, 2021

Listed (Active)

NWMLS as Distributed by MLS Grid #1846891

$419,900

$262/sq ft

Nov 17, 2006

Sold

Public Records

$235,000

$147/sq ft

Nov 20, 2006

Sold (MLS)

NWMLS as Distributed by MLS Grid #26161134

$275,000

$172/sq ft

Sep 25, 2006

Listed

NWMLS as Distributed by MLS Grid #26161134

$299,500

$187/sq ft

Feb 28, 1985

Sold

Public Records

$56,000

$35/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,303 (+9.3%)

$255,000 + $242,600

$497,600

2025

$4,850 (+20.4%)

$255,000 + $242,600

$497,600

2024

$4,027 (+45.8%)

$247,400 + $205,700

$453,100

2023

$2,761 (+9.0%)

$172,600 + $233,300

$405,900

2022

$2,534 (−14.1%)

$80,500 + $190,600

$271,100

2021

$2,950 (−12.2%)

$85,800 + $118,700

$204,500

2020

$3,358 (+38.5%)

$92,200 + $132,000

$224,200

2019

$2,425 (−23.4%)

$155,100 + $109,700

$264,800

2018

$3,168 (+9.8%)

$121,500 + $101,400

$222,900

2017

$2,885 (+20.3%)

$121,500 + $101,400

$222,900

2016

$2,398 (−4.6%)

$111,300 + $99,600

$210,900

2015

$2,514 (+4.3%)

$86,000 + $89,200

$175,200

2014

$2,411 (+0.5%)

$94,050 + $83,900

$177,950

2013

$2,399 (+7.6%)

$94,050 + $83,900

$177,950

2012

$2,230 (−1.5%)

$94,050 + $74,600

$168,650

2011

$2,263 (−3.9%)

$65,700 + $106,000

$171,700

2010

$2,355 (−1.2%)

$77,150 + $114,600

$191,750

2009

$2,382

$99,200 + $120,400

$219,600

Tax history for 7343 Fair Oaks Dr SE

Year

Property tax

Land + Additions

Assessment*

2026

$5,303 (+9.3%)

$255,000 + $242,600

$497,600

2025

$4,850 (+20.4%)

$255,000 + $242,600

$497,600

2024

$4,027 (+45.8%)

$247,400 + $205,700

$453,100

2023

$2,761 (+9.0%)

$172,600 + $233,300

$405,900

2022

$2,534 (−14.1%)

$80,500 + $190,600

$271,100

2021

$2,950 (−12.2%)

$85,800 + $118,700

$204,500

2020

$3,358 (+38.5%)

$92,200 + $132,000

$224,200

2019

$2,425 (−23.4%)

$155,100 + $109,700

$264,800

2018

$3,168 (+9.8%)

$121,500 + $101,400

$222,900

2017

$2,885 (+20.3%)

$121,500 + $101,400

$222,900

2016

$2,398 (−4.6%)

$111,300 + $99,600

$210,900

2015

$2,514 (+4.3%)

$86,000 + $89,200

$175,200

2014

$2,411 (+0.5%)

$94,050 + $83,900

$177,950

2013

$2,399 (+7.6%)

$94,050 + $83,900

$177,950

2012

$2,230 (−1.5%)

$94,050 + $74,600

$168,650

2011

$2,263 (−3.9%)

$65,700 + $106,000

$171,700

2010

$2,355 (−1.2%)

$77,150 + $114,600

$191,750

2009

$2,382

$99,200 + $120,400

$219,600

*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

0.68 Acres

Year renovated

2005

Sq. Ft.

1,600

Year built

1978

Style

Multi-Family (2-4 Unit)

County

Thurston County

APN

47006100000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

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

Parking

Parking Information
Parking Uncovered Spaces: 2
Parking Features: RV Parking
Open Parking Spaces: 2
Carport Spaces: 2
Has Open Parking

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Wall to Wall Carpet, Laminate
Flooring: Laminate, Carpet

Multi-Family Financial Information
Insurance Expense: $500
Net Operating Income: $21,750
Gross Adjusted Income: 26400
Gross Scheduled Income: $26,400
Total Monthly Income: 2200
Gross Rent Multiplier: 16
Total Expenses: 4650

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood, Wood Products

Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Has View

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Outbuildings,Patio,RV Parking
Zoning Jurisdiction: County
Lot Features: Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.6824
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,950
Tax Year: 2021

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

Utilities

Utility Information
Water Source: Community, Shared Well
Water Company: Thurston PUD
Power Company: PSE
Sewer: Septic Tank
Sewer Company: NA
Utilities: Cable Connected, Septic System, Electric
Water Sewer Garbage: 1200

Location

School Information
Elementary School: Lakes Elem
Middle Or Junior High School: Komachin Mid
High School: Timberline High
High School District: North Thurston

Location Information
Directions: From the intersection of College and Yelm Hwy, go east on Yelm Hwy to left on Fair Oaks Drive, to driveway on left near the end of the street.

Community Information
Amenities: Thermal Windows

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,600
Stories: 1.0
Lot Size: 0.68 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1978
Year Renovated: 2005
County: Thurston County
APN: 47006100000

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, September 30, 2021

Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1600
Building Area Total: 1600
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1991
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1

Around this home

Schools

Chambers Prairie Elementary School

Public K-5 • Assigned • 1.0mi

5/10

Komachin Middle School

Public 6-8 • Assigned • 2.3mi

7/10

Timberline High School

Public 9-12 • Assigned • 1.2mi

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

$519,000 – $628,000

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