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  • Listed by: MVP Realty Group • Marti Baker
    Bought with: eXp Realty
    $532,000

    408 Stonewood Drive SE, Olympia, WA 98513

    3beds
    2,010sqft
    Single Family Residence
    Built in 1985
    0.26 Acres Lot
    $528,100 Zestimate®
    $265/sqft
    $2,568 Estimated rent

    Home value

    $528,100

    $491,000 - $565,000

    $2,568/mo

    Zestimate® history
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    What's special

    Two gas fireplacesModern finishesGenerously sized kitchenSerene backyard viewsEngineered hardwood flooringWalk-in closetDouble vanity
    Tucked into the established Meridian Acres community, this updated rambler offers a harmonious blend of comfort, light-filled spaces, and modern improvements. This 3-bedroom home features 2 fully remodeled ¾ baths, each showcasing stunning tile work and modern finishes. Step inside to a light-filled interior enhanced by skylights and engineered hardwood flooring. The generously sized kitchen offers ample counter and cabinet space, newer stainless steel appliances, a gas range, and a bright dining space under a skylight. The primary suite is a true retreat, highlighted by its show-stopping bathroom with an oversized walk-in shower, double vanity, and an additional shower stall, walk-in closet, plus a charming bay window bench seat. Designed for both relaxation and entertaining, the home features two gas fireplaces and a seamless flow into an expansive additional living area with vaulted ceilings, skylights, and serene backyard views. Glass French doors provide separation between the living areas when desired, while a sliding door leads to a deck and fully fenced yard with mature landscaping and storage shed. Additional features include vinyl windows, tankless water heater, high-efficiency furnace with heat pump for year-round comfort, gutter guards, and a 2-car garage with RV parking. Meridian Acre's greenbelt is two doors away! Minutes from Costco, shops, dining, entertainment. Easy access to I5 and short commute to JBLM. You won't want to miss out on this one!

    Zillow last checked:

    Listing updated:

    Offers reviewed: May 04
    Listed by:

    Marti Baker,

    MVP Realty Group

    Bought with:

    Dani Estrada, 20121553

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2513339MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Heat Pump, High Efficiency (Unspecified), Electric, Natural Gas
    Cooling
    • Forced Air, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas Tankless, Water Heater Location: Utility Room
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: None
    • Number of fireplaces: 2
    • Fireplace features: Gas, Main Level: 2, Fireplace
    Interior area
    • Total structure area: 2,010
    • Total interior livable area: 2,010 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Driveway, Attached Garage, RV Parking
    • Has attached garage: Yes
    • Covered spaces: 2
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
    Lot
    • Size: 0.26 Acres
    • Dimensions: 138' x 79'
    • Features: Paved, Deck, Fenced-Fully, High Speed Internet, RV Parking
    • Topography: Level,Partial Slope,Terraces
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 61880010500
    • Zoning: LD 0-4
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Brick, Cement Planked, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1985
    • Major remodel year: 1993

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank, Company: Septic
    • Water: Public, Company: City of Lacey
    • Utilities for property: Xfinity

    Community & HOA

    Community
    • Subdivision: Lacey
    HOA
    • Services included: Common Area Maintenance
    • HOA fee: $154 annually
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $495,000
    • Annual tax amount: $5,646
    • Offers reviewed: 05/04/2026
    • Date on market: 7/12/2026
    • Cumulative days on market: 10 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
    6/15/2026Sold$532,000-1%$265/sqft
    Source: NWMLS as distributed by MLS GRID #2513339 Report a problem
    5/4/2026Pending sale$537,500$267/sqft
    Source: NWMLS as distributed by MLS GRID #2513339 Report a problem
    5/1/2026Listed for sale$537,500$267/sqft
    Source: NWMLS as distributed by MLS GRID #2513339 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,318 +7.2%$495,000 -1.1%
    2023$4,961 +0.4%$500,600 +1.1%
    2022$4,940 -11.9%$495,000 +6%
    2021$5,610 +17.1%$466,900 +26.2%
    2020$4,791 +30.8%$370,100 +6.8%
    2019$3,663 -11.1%$346,500 +9.1%
    2018$4,118 +23.3%$317,500 +22.8%
    2017$3,341 $258,650 +7.8%
    2016$3,341 $239,950 -0.2%
    2014$3,341 $240,450 +14.1%
    2013-- $210,700
    2012$2,586 --
    2011-- --
    2010-- --
    2009$2,628 --
    2008-- --
    2007$2,446 -24.6%--
    2006$3,242 +53.2%--
    2005$2,116 --
    2004-- --
    2002-- --
    2001$2,102 -0.6%$130,000 +2.3%
    2000$2,114 $127,100
    Find assessor info on the county website

    Neighborhood: 98513

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $528,100
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    Estimated market value
    $528,100