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  • Listed by: BHGRE - Northwest Home Team • Megan Wells
    Bought with: Redfin
    $405,000

    4514 14th Avenue SE, Lacey, WA 98503

    2beds
    1,148sqft
    Single Family Residence
    Built in 1950
    10,140 Square Feet Lot
    $405,000 Zestimate®
    $353/sqft
    $2,476 Estimated rent

    Home value

    $405,000

    $385,000 - $425,000

    $2,476/mo

    Zestimate® history
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    What's special

    Spacious backyard oasisVersatile flex roomDetached garageRare quarter-acre lotBrand-new roof
    Located in the heart of Lacey, this charming and beautifully refreshed home offers the perfect combination of modern updates, flexible living space, and exceptional investment potential. Situated on a rare quarter-acre lot, this property provides endless opportunities for comfortable living and future growth. Inside, you’ll find an updated kitchen with stylish modern finishes, perfect for everyday living and entertaining alike. A versatile flex room offers the option for a third bedroom, home office, or media space to fit your lifestyle needs. Enjoy added peace of mind with a brand-new roof already in place. Step outside to a spacious backyard oasis with plenty of room for gardening, gatherings, or creating your dream outdoor retreat. The detached garage adds incredible value with excellent ADU potential—ideal for rental income, multi-generational living, a guest cottage, or private studio space. Conveniently located near parks, schools, shopping, dining, and easy I-5 access, this property is a rare opportunity for homeowners and investors alike. Don’t miss your chance to own this versatile Lacey gem—schedule your private tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Wells,

    BHGRE - Northwest Home Team

    Bought with:

    Matthew J Williamson, 112630

    Redfin

    Source: NWMLS as distributed by MLS GRID,MLS#: 2528535MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
    Cooling
    • Forced Air, Heat Pump
    Appliances
    • Included: Dishwasher, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Refrigerator(s), Water Heater: Gas, Water Heater Location: Utility area
    Features
    • Flooring: Hardwood, Vinyl, Vinyl Plank, Carpet
    • Windows: Dbl Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,148
    • Total interior livable area: 1,148 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached Carport, Driveway
    • Has carport: Yes
    • Covered spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Dbl Pane/Storm Window, Fireplace, Water Heater
    Lot
    • Size: 10,140 Square Feet
    • Features: Paved, Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 57800000400
    • 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: 1950
    • Major remodel year: 1950

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Lacey
    • Water: Public, Company: City of Lacey

    Community & HOA

    Community
    • Subdivision: Lacey
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $353/sqft
    • Tax assessed value: $389,500
    • Annual tax amount: $4,216
    • Date on market: 7/2/2026
    • Cumulative days on market: 20 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    7/2/2026Sold$405,000+1.3%$353/sqft
    Source: NWMLS as distributed by MLS GRID #2528535 Report a problem
    5/29/2026Pending sale$399,999$348/sqft
    Source: NWMLS as distributed by MLS GRID #2528535 Report a problem
    5/22/2026Listed for sale$399,999+150%$348/sqft
    Source: NWMLS as distributed by MLS GRID #2528535 Report a problem
    12/3/2019Sold$160,000$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,049 +17.4%$389,500 +8%
    2023$3,449 +1.2%$360,500 +0.7%
    2022$3,410 +11.3%$358,000 +36.1%
    2021$3,063 +11.5%$263,000 +19.8%
    2020$2,746 +40%$219,600 +13.3%
    2019$1,961 -14.9%$193,900 +8.3%
    2018$2,304 +26.6%$179,000 +21.2%
    2017$1,820 $147,650 +4.6%
    2016$1,820 $141,150 +1.6%
    2014$1,820 $138,950 +6.7%
    2013-- $130,250
    2012$1,605 --
    2011-- --
    2010-- --
    2009$1,792 --
    2008-- --
    2007$1,710 -22.1%--
    2006$2,193 +64.8%--
    2005$1,331 --
    2004-- --
    2002-- --
    2001$1,240 -3.8%$81,700
    2000$1,289 $81,700
    Find assessor info on the county website

    Neighborhood: 98503

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mountain View Elementary
    • Middle: Chinook Mid
    • 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
    $405,000
    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
    $405,000