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$436,048

Listing Price

2beds

1baths

1,305sqft

6,944sqft lot

505 Frederick Street Ne, Olympia, WA 98506

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

334.14

Price / sqft

1949

Year built

Home Details

Charming East Olympia cottage blending classic character with thoughtful updates in an exceptionally convenient location! This 2-bedroom, 1-bath home with a finished basement offers comfortable living spaces filled with natural light thanks to large windows throughout. Beautiful hardwood floors add warmth and timeless appeal, while the cozy gas fireplace in the living room creates the perfect gathering space year-round.The kitchen and dining area are bright and the covered porch in the front is a perfect spot for beverages. The BRAND NEW sliding glass door (2026) opens to an inviting outdoor retreat designed for entertaining. The fully fenced backyard features charming landscaping, historic mature rhododendrons & plenty of room to relax, garden, or host . Major updates provide peace of mind, including a BRAND NEW SEPTIC TANK (May 2026), NEW ROOF (2025), NEW SIDING (2023) & exterior PAINT (2024), updated interior paint within the past few years, replacement windows and newer sheetrock in the basement. Spacious one car garage & driveway parking! Ideally situated in a peaceful, established neighborhood with no HOA, this home offers easy access to downtown Olympia, public transit, I-5, and everyday conveniences. Enjoy being within walking distance of local bakeries, cafes, restaurants, and grocery stores while still enjoying the quiet charm of a well-established community. Move-in ready and full of character, this East Olympia gem is one you won't want to miss.

Interior Details

Square Feet
  • 1305

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6944

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Concrete

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,869

$103,800

$126,900

--%

$230,700

2020

$2,869

$68,500

$148,000

--%

$216,500

2019

$2,514

$63,800

$140,500

--%

$204,300

2018

$2,536

$60,300

$127,900

--%

$188,200

2017

$2,372

$71,450

$118,100

--%

$189,550

2015

$2,261

$67,050

$113,500

--%

$180,550

2014

$2,109

$64,000

$100,700

--%

$164,700

2012

$2,043

$62,800

$87,400

--%

$150,200

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Average Home Price in 98506

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$434,401

2 Beds

1.5 Baths

1,387 Sqft

10,500 Lot (sqft)

Sold 09/22/2026

$425,610

2 Beds

2 Baths

1,164 Sqft

4,445 Lot (sqft)

Sold 09/10/2026

$315,939

3 Beds

1.5 Baths

1,354 Sqft

4,200 Lot (sqft)

Sold 08/19/2026

$433,065

2 Beds

1.5 Baths

1,328 Sqft

5,385 Lot (sqft)

Sold 06/19/2026

$334,132

2 Beds

1 Baths

1,121 Sqft

5,250 Lot (sqft)

Sold 05/29/2026

$400,000

3 Beds

1 Baths

1,161 Sqft

3,920 Lot (sqft)

Sold 10/06/2026

$436,048

2 Beds

1 Baths

1,305 Sqft

6,944 Lot (sqft)

Sold 10/05/2026

$500,000

3 Beds

1 Baths

1,320 Sqft

6,225 Lot (sqft)

Sold 10/05/2026

$485,000

5 Beds

2 Baths

1,463 Sqft

17,078 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
436,048
$
Down payment
87,209.6
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,616.28
$
HOA (Monthly)
0
$
PMI
0
$
$2,823
Your Payment
Total Monthly Payment:$2,823
Percent of Income:48%
Affordable:No

Details for 505 FREDERICK ST NE

Property Debt

Foreclosure Contact Details