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Sold
    • Listed by: Keller Williams South Sound • Lucas Graham
    Bought with: John L. Scott, Inc.
    $487,500

    1616 Alder Street SE, Lacey, WA 98503

    3beds
    1,385sqft
    Single Family Residence
    Built in 1976
    10,319 Square Feet Lot
    $488,400 Zestimate®
    $352/sqft
    $2,562 Estimated rent

    Home value

    $488,400

    $464,000 - $513,000

    $2,562/mo

    Zestimate® history
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    What's special

    Updated kitchenBrand new appliances
    Welcome to this beautifully updated and meticulously maintained home in the heart of Lacey! This charming 3 bed / 2 bath property is the perfect combination of modern updates and comfortable living, offering everything today's buyer is looking for. From the moment you step inside, the care and attention to detail put into this home is evident in every corner. The updated kitchen is a true highlight, featuring a spacious island perfect for meal prep and casual dining, along with brand new appliances that make cooking a pleasure. Throughout the home you will find thoughtful updates and quality finishes that reflect the pride of ownership this property has enjoyed for years. The water heater has also been recently replaced, giving buyers added peace of mind from day one. Step outside and discover your own backyard paradise. A generous lot provides plenty of open green space, while the fantastic deck is perfect for morning coffee or weekend entertaining. Gather around the fire pit on cool Pacific Northwest evenings and enjoy the outdoors year round. The location truly cannot be beat. Situated in a prime Lacey neighborhood, this home offers quick and easy access to shopping, dining, and entertainment. Commuters will love the convenient proximity to JBLM, making daily travel a breeze. Downtown Olympia is just minutes away, offering even more dining, culture, and recreation options. Do not miss this incredible opportunity. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lucas Graham,

    Keller Williams South Sound

    Bought with:

    Joshua Norris, 120522

    John L. Scott, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2527952MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Heating
    • Fireplace, Forced Air, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric
    Features
    • Bath Off Primary, Ceiling Fan(s)
    • Flooring: Vinyl Plank
    • Windows: Dbl Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,385
    • Total interior livable area: 1,385 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Attached Garage, Off Street
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Water Heater
    Lot
    • Size: 10,319 Square Feet
    • Dimensions: 75 x 135' +/-
    • Features: Paved, Cable TV, Deck, Fenced-Partially, High Speed Internet
    • Topography: Level,Partial Slope
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 41900601000
    • Zoning: LD
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Composition
    Condition
    • Year built: 1976
    • Major remodel year: 2005

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: City of Lacey
    • Water: Public, Company: City of Lacey

    Community & HOA

    Community
    • Features: Park
    • Subdivision: Lacey
    Location
    • Region: Lacey

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $435,800
    • Annual tax amount: $4,805
    • Date on market: 6/29/2026
    • Cumulative days on market: 60 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    8/28/2026Sold$487,500$352/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    8/5/2026Pending sale$487,500$352/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    7/17/2026Price change$487,500-1.5%$352/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    6/26/2026Listed for sale$495,000$357/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    6/15/2026Pending sale$495,000$357/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    6/9/2026Listed for sale$495,000$357/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    6/5/2026Pending sale$495,000$357/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    5/22/2026Listed for sale$495,000+55.4%$357/sqft
    Source: NWMLS as distributed by MLS GRID #2527952 Report a problem
    1/25/2020Listing removed$318,500$230/sqft
    Source: REcord LLC #1547367 Report a problem
    1/25/2020Listed for sale$318,500-1.2%$230/sqft
    Source: REcord LLC #1547367 Report a problem
    1/21/2020Sold$322,500+1.3%$233/sqft
    Source: NWMLS as distributed by MLS GRID #1547367 Report a problem
    12/16/2019Pending sale$318,500$230/sqft
    Source: REcord LLC #1547367 Report a problem
    12/12/2019Listed for sale$318,500+59.3%$230/sqft
    Source: REcord LLC #1547367 Report a problem
    4/27/2016Sold$200,000-4.8%$144/sqft
    Source: NWMLS as distributed by MLS GRID #886277 Report a problem
    4/1/2016Pending sale$210,000$152/sqft
    Source: Better Properties Valley Assoc #886277 Report a problem
    3/22/2016Price change$210,000-2.3%$152/sqft
    Source: Better Properties Valley Assoc #886277 Report a problem
    2/18/2016Price change$215,000-2.3%$155/sqft
    Source: Better Properties Valley Assoc #886277 Report a problem
    1/29/2016Listed for sale$220,000+41%$159/sqft
    Source: Better Properties Valley Assoc #886277 Report a problem
    7/31/2012Sold$156,000$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,529 +12.3%$435,800 +3.3%
    2023$4,033 +1.2%$421,700 +0.8%
    2022$3,984 -1.2%$418,400 +20.8%
    2021$4,030 +12.9%$346,300 +21.2%
    2020$3,569 +111.6%$285,700 +19.9%
    2019$1,687 +29.7%$238,200 +54.9%
    2018$1,300 -37.8%$153,800 -10.8%
    2017$2,089 $172,400 +4.5%
    2016$2,089 $165,050 +3.4%
    2014$2,089 $159,650 +6.6%
    2013-- $149,700
    2012$1,978 --
    2011-- --
    2010-- --
    2009$2,089 --
    2008-- --
    2007$2,001 -29.3%--
    2006$2,830 +67.2%--
    2005$1,693 --
    2004-- --
    2002-- --
    2001$1,638 -3.8%$108,100
    2000$1,703 $108,100
    Find assessor info on the county website

    Neighborhood: 98503

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lacey Elem
    • Middle: Salish Middle
    • High: North Thurston High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $488,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $488,400

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