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4045 49th Avenue SW #55, Olympia, WA, 98512

2beds
1baths
840sqft
$199,950
$238price/sqft
$1,376/moest. monthly cost
$55,040/yrincome needed

About This Home

Enjoy lakeside living on Black Lake in Olympia with this waterfront gem! This home features brand-new hardwood floors, a remodeled bathroom, and a private EV charging station. With stunning lake views from your windows and community amenities like boat storage and direct lake access, this is the perfect spot for a peaceful, adventure-ready lifestyle.

Getting Around

10
WalkingCar-Dependent
0
TransitNo Nearby Transit
41
BikeSomewhat Bikeable

Schools

5/10
7/10
Tumwater Middle SchoolGrades 6-82.3 mi

Construction

Condition

  • Year built: 1976

Materials

  • Construction materials: Metal/Vinyl

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Manuf-Single Wide
  • Property subType: Manufactured Home

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 840
  • Total interior livable area: 840 sqft

Property

Details

  • Parcel number: 99800222500
  • Lease amount: 1050
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake

Lot

  • Lot size: 113.26 sqft

Parking

  • Parking features: Carport
  • Carport: 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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Landslide

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 $1,011$12,132
Home Insurance *$49$588
Property Taxes $167$2,004
Electricity $149$1,793
Total$1,376$16,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,177/yr
40% on housing$41,280/yr
45% on housing$36,693/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

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 98512$236
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98512$298
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)

No zestimate history available

Price History

DateEventPrice
2026-01-25Price change$199,950
2025-11-04Price change$209,950
2025-10-06Price change$205,880
2025-08-28Listed for sale$209,880
2023-12-01Sold$82,000
2023-11-20Pending sale$89,500
2023-10-25Price change$89,500
2023-09-26Listed for sale$97,500
2023-09-11Pending sale$97,500
2023-09-11Listed for sale$97,500
2023-09-05Pending sale$97,500
2023-08-29Listed for sale$97,500
2006-05-31Sold$30,000
2000-10-16Sold$24,000

For Sale by Agent

AgentArron Carr
BrokerageSkyline Properties, Inc.

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