Sold47d on market
1311 Merkel Street NE
Olympia, WA, 98516 • 98516 • Thurston County
$450,000
$321/sqft
3Beds
2Baths
1,400Sqft
0.24 acLot
1961Built
Property DNA
Thompson Place
98516
Outdoor Living
Bath Off Primary · Ceiling Fan(s) · Dbl Pane/Storm Window · Fireplace
1 Fireplace
Gas · Main Level: 1 · Fireplace
Garage
Attached Garage · RV Parking
This home is getting attention
Listed 47 days ago · 30 views
Market activity
Demand and pricing signals for this listing
30 views
People checking out this listing
47 days on market
Established listing
$321/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 45% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1961
Beautiful move in ready rambler. This solid 3 bedroom/1.5 bath home has been well taken care of. Updated kitchen features soft closing cabinets & drawers, new dishwasher, & new fridge plus eating space. Mins to JBLM, A/C & furnace (2023), updated electrical panel, new pergo flooring, new carpet, great outdoor space, fully fenced spacious yard, no HOA, 2 car garage, and plenty of room for parking. Great location close to all services. Good first time buy or downsizer. Move in and enjoy!
Standout features identified
Our analysis highlights updated kitchen, new dishwasher, and pergo flooring as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,801/month
Principal & Interest$2,201
Property Tax$450
Insurance$150
Down payment20% ($90,000)
3%50%
Est. 6.18% rate · 30yr fixed · $360,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1961
HeatingFireplace, Forced Air, Electric, Natural Gas
Parking2 Attached Garage spaces
Lot10,341 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1961
Stories1
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
RoofComposition
ConstructionWood Products
Water / SewerPublic, Company: Thurston PUD / Septic Tank, Company: Septic
Parking & Outdoor
ParkingAttached Garage, RV Parking
BasementNone
Fireplaces1
Lot10,341 sqft
Location & Tax
Neighborhood98516
Annual tax$4,302
Parcel82320001500
Bathrooms & Fees
Full baths1
Features & details
9 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Appliances
Dishwasher
Dryer
Refrigerator
Stove(s)/Range(s)
Dishwasher(s)
Dryer(s)
Refrigerator(s)
Heating
Fireplace
Forced Air
Electric
Natural Gas
Fireplace
Gas
Main Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Exterior Features
Parking
Attached Garage
RV Parking
Construction
Wood Products
Patio & Porch
Bath Off Primary
Ceiling Fan(s)
Dbl Pane/Storm Window
Fireplace
Lot Features
Paved
RV Parking
Room details
5 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainOther
MainListing insights
Market data and value estimates
StatusSold
Days on market47
Est. value$448,600
Est. rent$2,518/mo
Tax rate0.81%
Price/sqft$321
On marketDec 8, 2025
PostedOct 8, 2025
Last sold$450,000
MLS statusSold
MLS updatedMar 22, 2026
Tour days6
Views30
How are the schools in Olympia?
3 schools rated nearby
Location
Olympia, WA, 98516
Price history
8 events
DateEventPrice$/sqftSource
Feb 19, 2026Sold$450,000$321NWMLS as distributed by MLS GRID
Jan 21, 2026Pending Sale$450,000$321NWMLS as distributed by MLS GRID
Oct 8, 2025Listed For Sale$450,000$321NWMLS as distributed by MLS GRID
Feb 8, 2018Listing Removed$249,900$179Sound Advantage Realty
Feb 8, 2018Listed For Sale$249,900$179Sound Advantage Realty
Feb 7, 2018Sold$249,000$178NWMLS as distributed by MLS GRID
Dec 24, 2017Pending Sale$249,900$179Sound Advantage Realty
Dec 1, 2017Listed For Sale$249,900$179Sound Advantage Realty
Sold$450,000
Feb 19, 2026•$321/sqft•NWMLS as distributed by MLS GRID
Pending Sale$450,000
Jan 21, 2026•$321/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$450,000
Oct 8, 2025•$321/sqft•NWMLS as distributed by MLS GRID
Listing Removed$249,900
Feb 8, 2018•$179/sqft•Sound Advantage Realty
Listed For Sale$249,900
Feb 8, 2018•$179/sqft•Sound Advantage Realty
Sold$249,000
Feb 7, 2018•$178/sqft•NWMLS as distributed by MLS GRID
Pending Sale$249,900
Dec 24, 2017•$179/sqft•Sound Advantage Realty
Listed For Sale$249,900
Dec 1, 2017•$179/sqft•Sound Advantage Realty
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$4,302$399,600
Apr 8, 2023$484$385,100
Apr 8, 2022$792$402,700
Apr 8, 2021$948$315,300
Apr 8, 2020$1,045$249,200
Apr 8, 2019$2,693$225,700
Apr 8, 2018$1,423$231,500
Apr 8, 2017$2,266$178,000
Apr 8, 2016$2,266$171,800
Apr 8, 2014$2,266$161,200
Apr 8, 2013—$148,600
Apr 8, 2012$1,639—
Apr 8, 2011——
Apr 8, 2010——
Apr 8, 2009$1,950—
Apr 8, 2008——
Apr 8, 2007$1,880—
Apr 8, 2006$2,846—
Apr 8, 2005$1,768—
Apr 8, 2004——
Apr 8, 2002——
Apr 8, 2001$1,653$101,600
Apr 8, 2000$1,599$95,200
Nearby homes
Neighborhood details
Local context around this listing
Olympia, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
98503985099851398516
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 17:08:59 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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