new - 1 day on rocket

7420 Rainier Rd SE, Olympia, WA, 98513

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths
1,512 SqFt
$364/SqFt
House

Location

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7420 Rainier Rd SE, Olympia$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingAttached Carport, Driveway, Detached Garage, RV Parking
Garage3 spaces
Year Built1997
HeatingHeat Pump
CoolingHeat Pump, Ceiling Fan(s)
FireplaceWood Burning
ViewTerritorial
MLS #2320564
Lot Size5.73 Acres
StatusActive

About 7420 Rainier Rd SE

No HOA! This charming single-story home on 5.73 acres offers open-concept living with a cozy wood stove in the living room, great room, dining area, and an eat-in kitchen featuring a large island, skylights, & all appliances included. Enjoy the comfort of air conditioning. The primary suite boasts a spacious walk-in closet & a 5-piece bath. Outside, youll find a detached metal shop with room for 2 cars + workspace, 220-amp power, generator pre-wiring, & an attached carport. Recent updates include fresh interior and newer exterior paint and new carpeting. Fully fenced for privacy —this home has it all!

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (253) 848-5304
  • Listing Agent: Stephanie Gurden

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Jetted Tub, Laminate, Laminate Tile, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater, Wired for Generator
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Wood, Wood Products

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Attached Carport, Driveway, Detached Garage, RV Parking

Lot Features

Lot Information:

  • Lot: Paved, Secluded
  • Lot Size: 5.73 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump, Ceiling Fan(s)

Other

Directions Information:

  • Directions: At Exit 109, turn right onto Martin Way E, left onto College St SE. Pass 2 roundabouts, continue on Rainier Rd SE. At the roundabout, take 2nd exit. Arrive at 7420 Rainier Rd SE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $364/SqFt

Tax Information:

  • Annual Amount: $3,979
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Olympia, WA.

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Olympia, WA

City

Med. Sold Price

$550.3K

Med. Price/SqFt

$296

Avg. Days On Market

47

# of Sold Homes

108

7420 Rainier Rd SE vs Olympia

1 DAY ON ROCKET

-46 Days

$550,000

-$390 Less

$364/SqFt

+$68 More

KEY TAKEAWAY

This property is $390 less than the Median Sold Price and $68/SqFt more than other homes in Olympia, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2320564

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (253) 848-5304
  • Listing Agent: Stephanie Gurden

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 1:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,979$305,900
2019$3,221$293,300
2018$3,522$279,800
2017$2,924$248,100

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1899180
5
/10

  • Horizons Elementary School

  • 4601 67th Ave SE

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-1899181
5
/10

  • Chambers Prairie Elementary School

  • 6501 Virginia St SE

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-1899182
6
/10

  • East Olympia Elementary School

  • 8700 Rich Rd SE

  • 1.57 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,457. Most Olympia, WA residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Olympia, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Olympia, WA?

Olympia's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and classic Pacific Northwest architectural styles. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Olympia is robust, with a majority of residents owning their homes, while a substantial portion opts for renting, indicating a balanced housing ecosystem.

What are the advantages of living in Olympia, WA?

Olympia is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on its array of local festivals, including the well-known Olympia Arts Walk and the Wooden Boat Festival, which embody the city's creative spirit and maritime heritage. The downtown area, with its eclectic mix of shops and cafes, serves as a hub for both residents and visitors, fostering a sense of community and local pride.

Are essential services in Olympia, WA convenient?

The community benefits from a solid educational system, with numerous public and private schools catering to a range of educational needs, from elementary to higher education, including The Evergreen State College. Olympia's healthcare network includes several hospitals and clinics, offering services from primary care to specialized medical treatments. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options abound, with an emphasis on local businesses that reflect the city's culture and values.

How do Olympia, WA residents get around?

Olympia's transportation infrastructure supports a variety of transit options, with a focus on sustainability and accessibility. The city's public transit system provides regular bus services, connecting neighborhoods to the downtown core and beyond. The area is also conducive to walking and cycling, with numerous trails and bike lanes. Major roadways facilitate travel in and out of the city, and ongoing investments in transportation aim to enhance the efficiency and convenience of moving around Olympia.

Frequently Asked Questions About 7420 Rainier Rd SE

What is the listing price of this property?

The listing price of 7420 Rainier Rd SE property is $550,000.

What type of property is this?

The property 7420 Rainier Rd SE is a house located in Olympia, Washington, 98513.

Is this property for sale now?

Active Listing: 7420 Rainier Rd SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,979 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7420 Rainier Rd SE has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7420 Rainier Rd SE is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7420 Rainier Rd SE is 1997.

Rocket Homes›Washington›Thurston County›Olympia›98513›7420 Rainier Rd SE

This home is located at 7420 Rainier Rd SE in Olympia, WA and zip code 98513. This 1,512 square foot home, which was built in 1997, sits on a 5.73 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $550,000.

Olympia, WA housing market in December 2024 saw over 25 listings sold above listed price, more than 45 sold at listed price and over 38 sold below. The inventory of homes for sale in Olympia, WA between November 2024 and December 2024 decreased by 15%. While the average time on the market in December 2024 was 47 days, the median list price was $550,390.

From Rocket Homes Real Estate and based on county public records data.

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