WOW...JUST WOW. KILLER TRIPLEX IN QUIET NEIGHBORHOOD. TURN KEY AND READY TO GO FOR YOU TO LIVE IN THE HOUSE AND RENT THE OTHER TWO UNITS AND LIVE PRACTICALLY FREE. One unit is basically a house...with 4 bedrooms and two baths and 1900 SF. Recent kitchen, baths and flooring updates plus fresh interior paint. 3 bedroom unit is almost 1100 SF and has been completely gutted and redone. Beautiful new kitchen with granite counters and new appliances. Spacious bathroom with washer/dryer hookup. 2 generous sized rooms plus 1 smaller office sized bedroom. 1 bedroom unit features largo open living/dining/kitchen with stackable washer/dryer. Bedroom has full bath off of bedroom. Multiple storage units. Tons of room to add additional covered parking.
Sold
Listed by: Networks Real Estate LLC
Bought with: Skyline Properties, Inc.
$762,500
1420 MAGNOLIA Street SE, Lacey, WA 98503
8beds
4baths
3,376sqft
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$226/sqft
$2,765 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,765/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Peter Henry,
Networks Real Estate LLC
Bought with:
Aaron Nelson, 127645
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2420842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Wall Unit(s), Electric, Natural Gas
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,376
- Total interior livable area: 3,376 sqft
Property
Parking
- Total spaces: 7
- Parking features: Open
- Carport spaces: 1
- Uncovered spaces: 6
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.38 Acres
- Features: Dead End Street, Paved, Fenced-Partially, Outbuildings
Details
- Parcel number: 11820243400
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl, Wood Siding, Wood Products
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Very Good
- Year built: 1956
- Major remodel year: 2020
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected
- Water: Company: CITY OF LACEY
Community & neighborhood
Location
- Region: Lacey
- Subdivision: Central Lacey
Other
Other facts
- Listing terms: Conventional,FHA
- Cumulative days on market: 162 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $762,500-1%$226/sqft |
Source:  NWMLS as distributed by MLS GRID #2420842 Report a problem | ||
| 8/28/2025 | Pending sale | $770,000$228/sqft |
Source: NWMLS as distributed by MLS GRID #2420842 Report a problem | ||
| 8/18/2025 | Listed for sale | $770,000+92%$228/sqft |
Source: NWMLS as distributed by MLS GRID #2420842 Report a problem | ||
| 2/7/2025 | Sold | $401,000+11.4%$119/sqft |
Source: NWMLS as distributed by MLS GRID #2322284 Report a problem | ||
| 1/16/2025 | Pending sale | $360,000$107/sqft |
Source: NWMLS as distributed by MLS GRID #2322284 Report a problem | ||
| 1/14/2025 | Listed for sale | $360,000$107/sqft |
Source: NWMLS as distributed by MLS GRID #2322284 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,861 +27.8% | $658,700 +17.7% |
| 2023 | $5,368 -5.7% | $559,600 -6.2% |
| 2022 | $5,695 +7.4% | $596,800 +31.3% |
| 2021 | $5,304 +11.3% | $454,700 +19.4% |
| 2020 | $4,767 +40.8% | $380,700 +6.5% |
| 2019 | $3,385 +29.8% | $357,300 +15.9% |
| 2018 | $2,608 +14.9% | $308,400 +91% |
| 2017 | $2,270 | $161,500 +9.8% |
| 2016 | $2,270 | $147,150 -14.7% |
| 2014 | $2,270 | $172,500 +1.7% |
| 2013 | -- | $169,600 |
| 2012 | $2,026 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,910 | -- |
| 2008 | -- | -- |
| 2007 | $1,873 -34.6% | -- |
| 2006 | $2,862 +46.3% | -- |
| 2005 | $1,957 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,449 -0.1% | $161,800 +3.9% |
| 2000 | $2,451 | $155,700 |
Find assessor info on the county website
Neighborhood: 98503
Nearby schools
GreatSchools rating
- 3/10Mountain View Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Chinook Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10North Thurston High SchoolGrades: 9-12Distance: 1.4 mi
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- Washington
- Thurston County
- Lacey
- 98503
- 1420 MAGNOLIA Street SE
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