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4516 Mattson Lane SE, Olympia, WA, 98503

2beds
1baths
960sqft
$280,000
$292price/sqft
$1,653/moest. monthly cost
$66,120/yrincome needed

About This Home

Affordable homeownership opportunity just 1 block away from the Chehalis Trail. This light filled 2-bedroom, 1-bathroom charmer offers just under 1,000 sqft with vaulted ceilings, open concept layout, and generously sized bedrooms. Fresh laminate flooring throughout, move-in ready condition. Located in a friendly community with playground areas, close to shopping and dining. Stop renting and start building equity in a home designed for real people on real budgets. Specific median income limits apply—this is your chance to own, not just dream.

Getting Around

26
WalkingCar-Dependent
34
TransitSome Transit
56
BikeBikeable

Schools

5/10
5/10
Chinook Middle SchoolGrades 6-82.8 mi
6/10

Construction

Condition

  • Year built: 2014

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Products

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Refrigerator(s),Water Heater: Electric,Water Heater Location: Closet

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Entry Hall

  • Level: Main

Features

  • Window features: Dbl Pane/Storm Window
  • Flooring: Laminate,Carpet

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 960
  • Total interior livable area: 960 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 44280000600
  • Special condition: See Remarks

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dbl Pane/Storm Window,Vaulted Ceiling(s),Water Heater
  • Topography of land: Level

Lot

  • Lot size: 3,049 sqft
  • Features: Cul-De-Sac,Curbs,Dead End Street,Paved,Sidewalk,Deck,Outbuildings

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,415$16,980
Home Insurance *$70$840
Property Taxes $19$228
Electricity $149$1,793
Total$1,653$19,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,674/yr
40% on housing$49,590/yr
45% on housing$44,080/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$292This listing

vs Other Active Listings

Avg $/sqft

ZIP 98503$225
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98503$301
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-12Price change$280,000
2026-01-28Price change$299,000
2026-01-20Price change$324,000
2026-01-12Price change$335,000
2025-12-31Listed for sale$350,000
2020-05-12Sold$256,500
2017-03-31Sold$105,319

For Sale by Agent

AgentSteven McNamer
BrokerageWindermere Prof Partners

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