Don’t miss the chance to bring your vision to life with this charming townhome in the desirable Parks neighborhood! Bursting with potential, this light-filled home features soaring ceilings, expansive windows, and a cozy fireplace that anchors the inviting living area. The fully fenced yard offers space to relax or garden. With a little TLC, this home could truly shine! Enjoy the community pool, and clubhouse. Conveniently located near shopping, schools, I-5, parks, the Chehalis Western Trail, and just a quick commute to JBLM.
Sold
Listed by: Real Broker LLC • Aaron N. Thomas
Bought with: Real Broker LLC
$310,000
507 Malibu Drive SE, Lacey, WA 98503
3beds
1,024sqft
Townhouse, Single Family Residence
Built in 1984
2,369 Square Feet Lot
$308,900 Zestimate®
$303/sqft
$2,131 Estimated rent
Home value
$308,900
$287,000 - $331,000
$2,131/mo
Zestimate® history
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List your homeWhat's special
Cozy fireplaceSoaring ceilingsFully fenced yardExpansive windows
Zillow last checked:
Listing updated:
Listed by:
Aaron N. Thomas,
Real Broker LLC,
Ridwan Muhamadnord,
Real Broker LLC
Bought with:
Alexis Moore, 21033409
Real Broker LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2449495
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Stove(s)/Range(s), Washer(s), Water Heater: Electric, Water Heater Location: Utility Room
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Laminate, Carpet
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage
- Attached garage spaces: 1
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Security System, Skylight(s), Vaulted Ceiling(s), Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 2,369 Square Feet
- Features: Corner Lot, Dead End Street, Paved, Sidewalk, Cable TV, Fenced-Fully, High Speed Internet, Patio
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 67870000400
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1984
- Major remodel year: 1992
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Lacey
- Water: Public, Company: City of Lacey
Community & HOA
Community
- Features: CCRs, Clubhouse, Playground
- Security: Security System
- Subdivision: Lacey
HOA
- Services included: Common Area Maintenance
- HOA fee: $92 monthly
Location
- Region: Lacey
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $289,300
- Annual tax amount: $3,009
- Date on market: 12/22/2025
- Cumulative days on market: 212 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $310,000+0%$303/sqft |
Source:  NWMLS as distributed by MLS GRID #2449495 Report a problem | ||
| 11/4/2025 | Pending sale | $309,990$303/sqft |
Source: NWMLS as distributed by MLS GRID #2449495 Report a problem | ||
| 10/31/2025 | Listed for sale | $309,990+90.8%$303/sqft |
Source: NWMLS as distributed by MLS GRID #2449495 Report a problem | ||
| 8/30/2017 | Sold | $162,500+1.6%$159/sqft |
Source: NWMLS as distributed by MLS GRID #1165522 Report a problem | ||
| 7/27/2017 | Pending sale | $160,000$156/sqft |
Source: Lakecrest Realty Group #1165522 Report a problem | ||
| 7/21/2017 | Listed for sale | $160,000-7%$156/sqft |
Source: Lakecrest Realty Group #1165522 Report a problem | ||
| 9/12/2008 | Sold | $172,000+8.9%$168/sqft |
Source: NWMLS as distributed by MLS GRID #28058622 Report a problem | ||
| 4/13/2006 | Sold | $157,900+57.9%$154/sqft |
Source: Public Record Report a problem | ||
| 6/29/2001 | Sold | $100,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,010 +18.7% | $289,300 +9.3% |
| 2023 | $2,535 +8.3% | $264,700 +7.9% |
| 2022 | $2,340 -11.8% | $245,400 +7.7% |
| 2021 | $2,654 +15.9% | $227,800 +24.4% |
| 2020 | $2,291 +48.3% | $183,100 +2.6% |
| 2019 | $1,545 -4.6% | $178,400 +26.7% |
| 2018 | $1,619 +29.2% | $140,800 +25.4% |
| 2017 | $1,253 | $112,300 +8.3% |
| 2016 | $1,253 | $103,700 +8.6% |
| 2014 | $1,253 | $95,500 +7.8% |
| 2013 | -- | $88,600 |
| 2012 | $1,165 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,412 | -- |
| 2008 | -- | -- |
| 2007 | $1,393 -24.9% | -- |
| 2006 | $1,856 +60% | -- |
| 2005 | $1,160 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,228 -1.9% | $80,900 +2% |
| 2000 | $1,252 | $79,300 |
Find assessor info on the county website
Neighborhood: 98503
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Nearby schools
GreatSchools rating
- 5/10Lacey Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Salish Middle SchoolGrades: 6-8Distance: 3.1 mi
- 7/10North Thurston High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$308,900
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Estimated market value
$308,900
- Washington
- Thurston County
- Lacey
- 98503
- 507 Malibu Drive SE
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