Opportunity awaits! This spacious home offers incredible potential for buyers looking to bring their vision and add value. With solid bones and a functional layout, it’s the perfect canvas for a cosmetic refresh. The home features a large family room just off the kitchen, ideal for everyday living and entertaining, along with a separate formal living room for added flexibility. An extra room above the garage provides the perfect space for a home office, bonus room, or guest retreat. Situated on a generous lot with a private well, this property offers both privacy and room to spread out. There’s also ample RV parking and a 2-car garage, making it ideal for those who need extra space for vehicles, toys, or storage. Ideally located in Lacey, this home offers easy access to parks, trails, and outdoor recreation including Woodland Creek Community Park, Long Lake, and the Nisqually Wildlife Refuge. Enjoy nearby shopping, dining, and entertainment, with convenient access to Olympia and major commuter routes. The interior is ready for updates, including kitchen and baths, giving buyers the chance to customize and build equity. Whether you’re an investor or a homeowner looking for a project, this is a rare opportunity in a desirable location. Bring your ideas and unlock the full potential of this property! New H20 heater!
Sold
Listed by: COMPASS • Trisha Quigley
Bought with: AgencyOne
$400,000
5025 45th Avenue SE, Lacey, WA 98503
3beds
1,938sqft
Single Family Residence
Built in 1930
9,731 Square Feet Lot
$-- Zestimate®
$206/sqft
$2,662 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,662/mo
Zestimate® history
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Ample rv parkingPrivate wellGenerous lot
Zillow last checked:
Listing updated:
Offers reviewed: Mar 30
Listed by:
Trisha Quigley,
COMPASS,
Michelle Maddux,
COMPASS
Bought with:
Jessica Scotti, 112046
AgencyOne
Source: NWMLS as distributed by MLS GRID,MLS#: 2498335
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Second
Bathroom full
- Level: Main
Bathroom three quarter
- 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, See Remarks, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, See Remarks, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Dining Room
- Flooring: Laminate
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,938
- Total interior livable area: 1,938 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Dining Room, Fireplace
Lot
- Size: 9,731 Square Feet
- Features: Fenced-Partially, Gas Available, RV Parking
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 11833240202
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: See Remarks
- Roof: Composition
Condition
- Fair
- Year built: 1930
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Lacey
- Water: Private, Company: Private
Community & HOA
Community
- Subdivision: Lacey
Location
- Region: Lacey
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $394,900
- Annual tax amount: $4,283
- Offers reviewed: 03/30/2026
- Date on market: 5/10/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Sold | $400,000+6.7%$206/sqft |
Source:  NWMLS as distributed by MLS GRID #2498335 Report a problem | ||
| 3/31/2026 | Pending sale | $375,000$193/sqft |
Source: NWMLS as distributed by MLS GRID #2498335 Report a problem | ||
| 3/27/2026 | Listed for sale | $375,000+27.1%$193/sqft |
Source: NWMLS as distributed by MLS GRID #2498335 Report a problem | ||
| 6/22/2019 | Sold | $295,000+5.4%$152/sqft |
Source: NWMLS as distributed by MLS GRID #1457559 Report a problem | ||
| 5/23/2019 | Pending sale | $279,900$144/sqft |
Source: Blade Realty LLC #1457559 Report a problem | ||
| 5/22/2019 | Listed for sale | $279,900+53%$144/sqft |
Source: Blade Realty LLC #1457559 Report a problem | ||
| 9/24/2013 | Sold | $183,000+2.2%$94/sqft |
Source: NWMLS as distributed by MLS GRID #494687 Report a problem | ||
| 7/9/2013 | Price change | $179,000-3.7%$92/sqft |
Source: CENTURY 21 Link Real Estate #494687 Report a problem | ||
| 6/2/2013 | Listed for sale | $185,900+6.2%$96/sqft |
Source: Vflyer Homes #494687 Report a problem | ||
| 10/27/2008 | Sold | $175,100-31.4%$90/sqft |
Source: Public Record Report a problem | ||
| 5/1/2006 | Sold | $255,337+43.3%$132/sqft |
Source: Public Record Report a problem | ||
| 1/29/1996 | Sold | $178,207$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,105 +16.8% | $394,900 +7.5% |
| 2023 | $3,513 +1% | $367,200 +0.5% |
| 2022 | $3,479 +3.7% | $365,300 +26.7% |
| 2021 | $3,357 +10.7% | $288,300 +18.9% |
| 2020 | $3,031 +34.5% | $242,500 +5.8% |
| 2019 | $2,254 -7.8% | $229,300 +11.4% |
| 2018 | $2,445 +27.8% | $205,800 +27% |
| 2017 | $1,913 | $162,050 +7.2% |
| 2016 | $1,913 | $151,200 +3.5% |
| 2014 | $1,913 | $146,150 +19.7% |
| 2013 | -- | $122,050 |
| 2012 | $1,596 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,396 | -- |
| 2008 | -- | -- |
| 2007 | $433 | -- |
| 2006 | -- | -- |
| 2005 | $1,929 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,684 -3.8% | $111,100 |
| 2000 | $1,751 | $111,100 |
Find assessor info on the county website
Neighborhood: 98503
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Nearby schools
GreatSchools rating
- 5/10Chambers Prairie Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Komachin Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Timberline High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Chambers Prairie El
- Middle: Komachin Mid
- High: Timberline 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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- Washington
- Thurston County
- Lacey
- 98503
- 5025 45th Avenue SE
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