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1227 Cherry Avenue #107, Olympia, WA, 98501

2beds
3baths
1,898sqft
$649,900
$342price/sqft
$4,027/moest. monthly cost
$161,080/yrincome needed

About This Home

Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural experiences, this new community offers an exceptional blend of vibrancy and tranquility. Each residence features 2 bedrooms, an office, and 2.5 baths, thoughtfully designed to create a private, light-filled sanctuary. The beautifully appointed kitchen showcases clean quartz countertops, stylish cabinetry, and modern finishes, offering both function and sophistication. An open and spacious living and dining area flows seamlessly to a private balcony, where serene views of nature soften the energy of the always-moving city—a perfect retreat within the urban core. A one-car attached garage with ample storage adds convenience and efficiency, completing a home that supports both lifestyle and ease. Live inspired, connected, and effortlessly balanced at Thirteen + Cherry Townhomes.

Getting Around

70
WalkingSomewhat Walkable
48
TransitSome Transit
92
BikeBiker's Paradise

Schools

7/10
8/10
Washington Middle SchoolGrades 6-81.7 mi
9/10
Olympia High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 2025

Materials

  • Roof: Composition,Flat
  • Construction materials: Cement/Concrete

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: Condo
  • Architectural style: Condo (3 Levels)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Microwave(s),Cooking - Electric Hookup,Cooking-Electric

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Lower

Features

  • Flooring: Ceramic Tile,Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Ductless,Electric
  • Cooling features: High Efficiency (Unspecified)

Interior Area

  • Total structure area: 1,898
  • Total interior livable area: 1,898 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Property

Details

  • Parcel number: 68300100900
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Entry location: Lower
  • Patio & porch: Cooking-Electric
  • Has view: Yes
  • View description: City

Lot

  • Features: Corner Lot,Paved,Sidewalk

Parking

  • Parking features: Individual Garage
  • Has garage: Yes

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
    EarthquakeVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Inland Flooding

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 $3,286$39,432
Home Insurance *$148$1,776
Property Taxes $444$5,328
Electricity $149$1,793
Total$4,027$48,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,068/yr
40% on housing$120,810/yr
45% on housing$107,386/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

$342This listing

vs Other Active Listings

Avg $/sqft

ZIP 98501$248
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98501$268
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
2026-05-27Listed for sale$649,900

For Sale by Agent

AgentJamie Michaud
BrokerageWindermere Prof Partners

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