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  • Listed by: eXp Realty • Ed Kunkel • 360-789-4708
    Bought with: Virgil Adams Real Estate, Inc.
    $480,000

    1308 Alki Street NE, Olympia, WA 98516

    4beds
    2,128sqft
    Single Family Residence
    Built in 1983
    8,001 Square Feet Lot
    $480,500 Zestimate®
    $226/sqft
    $2,760 Estimated rent

    Home value

    $480,500

    $452,000 - $514,000

    $2,760/mo

    Zestimate® history
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    What's special

    Inviting family roomWalk-in pantryBeautifully wrapped back deck
    Located in the highly desirable Hawks Prairie area of Lacey, this beautifully maintained 3-bedroom, 2.5-bath home offers 2,128 square feet of versatile living space designed for comfort, functionality, and Northwest living. The thoughtful floor plan includes a spacious kitchen with eating space, walk-in pantry, den, inviting family room, living room, and rec room—providing endless flexibility for entertaining, working from home, hobbies, or additional living needs.Enjoy energy-efficient upgrades including solar power, a tankless water heater, and ductless mini-split heating and A/C for year-round comfort. The cozy propane fireplace creates a warm and welcoming atmosphere, while the unique loft-style ADU offers excellent potential for guests, studio space, or a private retreat.Step outside to a beautifully wrapped back deck overlooking a peaceful koi pond, creating the perfect outdoor setting for relaxing or entertaining. Conveniently located close to shopping, dining, parks, and everyday amenities with quick and easy access to I-5 and JBLM, this property combines comfort, flexibility, efficiency, and location in one exceptional home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ed Kunkel 360-789-4708 ekunkeljr@msn.com,

    eXp Realty

    Bought with:

    Eric Girton, 20117629

    Virgil Adams Real Estate, Inc.

    Carla A. Boyer, 38216

    Virgil Adams Real Estate, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2526250MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Second
    Bathroom full
    • Level: Main
    Other
    • Level: Main
    Den office
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Rec room
    • Level: Second
    Utility room
    • Level: Main
    Heating
    • Fireplace, Ductless, Electric, Propane, Solar PV
    Cooling
    • Ductless
    Appliances
    • Included: Microwave, Refrigerator, Stove(s)/Range(s), Microwave(s), Refrigerator(s), Water Heater: Tankless, Water Heater Location: Laundry
    Features
    • Ceiling Fan(s), Pantry
    • Flooring: Laminate, Carpet
    • Doors: French Doors
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 2,128
    • Total interior livable area: 2,128 sqft

    Property

    Parking
    • Parking features: Driveway, Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Ceiling Fan(s), Fireplace, French Doors, Pantry, Water Heater
    • Has view: Yes
    • View description: Pond
    • Has water view: Yes
    • Water view: Pond
    Lot
    • Size: 8,001 Square Feet
    • Features: Paved, Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Patio, Propane
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 78770004500
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard
    • Other equipment: Leased Equipment: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,2 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1983
    • Major remodel year: 1992

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Public, Company: City of Lacey
    • Utilities for property: Comcast, Comcast
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: CCRs
    • Subdivision: Tanglewilde
    HOA
    • Services included: Common Area Maintenance
    • HOA fee: $160 annually
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $499,800
    • Annual tax amount: $5,330
    • Date on market: 6/10/2026
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    8/4/2026Sold$480,000+2.1%$226/sqft
    Source: NWMLS as distributed by MLS GRID #2526250 Report a problem
    6/28/2026Pending sale$469,900$221/sqft
    Source: eXp Realty #2526250 Report a problem
    6/24/2026Contingent$469,900$221/sqft
    Source: eXp Realty #2526250 Report a problem
    6/10/2026Listed for sale$469,900+80.8%$221/sqft
    Source: NWMLS as distributed by MLS GRID #2526250 Report a problem
    11/1/2008Listing removed$259,900$122/sqft
    Source: NCI #28107944 Report a problem
    6/26/2008Listed for sale$259,900$122/sqft
    Source: NCI #28107944 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,330 +8.8%$499,800 +9.3%
    2024$4,898 +15.4%$457,200 +6.7%
    2023$4,246 -3.5%$428,500 -2.9%
    2022$4,398 +2.7%$441,300 +24.3%
    2021$4,284 +13.7%$355,100 +22.4%
    2020$3,767 +31.1%$290,000 +9.1%
    2019$2,873 -11.8%$265,700 +7.2%
    2018$3,258 +19.3%$247,900 +19%
    2017$2,732 $208,250 +7.5%
    2016$2,732 $193,700 -1.4%
    2014$2,732 $196,400 +13.8%
    2013-- $172,550
    2012$2,032 --
    2011-- --
    2010-- --
    2009$2,237 --
    2008-- --
    2007$2,152 -32%--
    2006$3,166 +60.1%--
    2005$1,977 --
    2004-- --
    2002-- --
    2001$1,900 +3.1%$117,200 +6.3%
    2000$1,843 $110,300
    Find assessor info on the county website

    Neighborhood: 98516

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $480,500

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $480,500