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231 Central Street NE, Olympia, WA, 98506

3beds
2baths
1,936sqft
$524,950
$271price/sqft
$3,371/moest. monthly cost
$134,840/yrincome needed

About This Home

This Eastside 100 year old home is a hidden gem from the street and a gardener's paradise in the back. Once inside you'll be captivated by the whimsical charm of the property. The stucco walls, treehouse and magical backyard lend to its appeal while the solar panels, new carpet, and workshop with power make it more modern and functional. Outside is an incredibly cultivated garden space with room to make it your own!

Getting Around

83
WalkingVery Walkable
48
TransitSome Transit
90
BikeBiker's Paradise

Schools

7/10
8/10
Reeves Middle SchoolGrades 6-81.2 mi
9/10
Olympia High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1926

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Stucco,Wood Siding

Notable Dates

  • Major remodel year: 1981

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Stove(s)/Range(s),Refrigerator(s)

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Dining Room
  • Window features: Dbl Pane/Storm Window,Skylight(s)
  • Flooring: Hardwood,Laminate,Carpet

Heating & Cooling

  • Heating features: Wall Furnace,Electric,Solar (Unspecified)
  • Cooling features: None

Interior Area

  • Total structure area: 1,936
  • Total interior livable area: 1,936 sqft

Living Room

  • Level: Main

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 66500001300
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dbl Pane/Storm Window,Dining Room,Skylight(s)
  • Residential vegetation: Garden Space,Wooded

Lot

  • Lot size: 5,954 sqft
  • Features: Paved,Sidewalk,Deck,Fenced-Partially,Gas Available,Outbuildings

Parking

  • Parking features: Driveway,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
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
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 $2,654$31,848
Home Insurance *$125$1,500
Property Taxes $443$5,316
Electricity $149$1,793
Total$3,371$40,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,577/yr
40% on housing$101,130/yr
45% on housing$89,893/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

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 98506$237
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98506$272
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
2026-07-15Listed for sale$524,950
2005-09-26Sold$285,000
1999-07-30Sold$145,900

For Sale by Agent

AgentAmy Hill
BrokerageReal Broker LLC

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