507 Kaiser Rd NW Unit A,B,C Olympia, WA 98502
Estimated payment $3,851/month
Highlights
- Second Kitchen
- RV Access or Parking
- Wood Burning Stove
- Thurgood Marshall Middle School Rated A-
- Deck
- Property is near public transit
About This Home
3 units, 2 houses, 1 lot! All 3 units operate as successful short term rentals. First house is 2 bedrooms divided into 2 units. Unit A has 1 bedroom, full bath & large kitchen w/door that opens to the expansive over 1/2 acre woodsy yard. A Dutch door opens to the attached carport. Unit B is a clever conversion: the primary suite has been transformed into a studio apartment complete w/3/4 bath, fully functioning kitchen & exterior door. The door that links the studio to the rest of the house has been sealed & could easily be dismantled. The 2nd house is unit C, a 2 story house w/2 bedrooms, full bath, charming loft & a flex room! Unit C houses a shared laundry room off the porch. These houses are a great place to live &/or generate income.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2396544
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,090
Year Built
- Built in 1943
Lot Details
- 0.63 Acre Lot
- Open Space
- South Facing Home
- Secluded Lot
- Level Lot
- Wooded Lot
- 12817310901
- Property is in good condition
Home Design
- Composition Roof
- Cement Board or Planked
- Wood Composite
Interior Spaces
- 1,902 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
- Loft
- Territorial Views
- Second Kitchen
- Laundry Room
Flooring
- Carpet
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- Bathroom on Main Level
Parking
- 1 Parking Space
- Attached Carport
- Driveway
- Off-Street Parking
- RV Access or Parking
Outdoor Features
- Deck
- Gazebo
- Outbuilding
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- Well
- Water Heater
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Westside Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 12017310901
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,611 | $483,300 | $214,900 | $268,400 |
| 2023 | $4,611 | $438,500 | $177,500 | $261,000 |
| 2022 | $4,719 | $437,000 | $154,200 | $282,800 |
| 2021 | $3,867 | $382,100 | $156,900 | $225,200 |
| 2020 | $3,714 | $289,200 | $117,100 | $172,100 |
| 2019 | $3,489 | $271,300 | $90,500 | $180,800 |
| 2018 | $3,609 | $258,800 | $95,900 | $162,900 |
| 2017 | $3,150 | $242,400 | $93,500 | $148,900 |
| 2016 | $2,750 | $220,200 | $85,800 | $134,400 |
| 2014 | -- | $211,100 | $85,800 | $125,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | For Sale | $649,000 | 0.0% | $341 / Sq Ft |
| 06/23/2025 06/23/25 | Off Market | $649,000 | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $649,000 | -- | $341 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | Thurston County Title | |
| Warranty Deed | $600,000 | Thurston County Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Warranty Deed | $282,000 | Stewart Title Of Western | |
| Warranty Deed | $282,000 | Stewart Title Of Western | |
| Warranty Deed | $205,000 | First American Title | |
| Warranty Deed | $205,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $198,600 | New Conventional | |
| Previous Owner | $211,000 | Unknown | |
| Previous Owner | $211,500 | Purchase Money Mortgage | |
| Previous Owner | $164,000 | Unknown |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2396544
APN: 12817310901
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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