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  • Listed by: RE/MAX Northwest • Kathlyn Smith
    Bought with: KW Greater Seattle
    $745,000

    5631 Waldron Drive NE, Olympia, WA 98516

    2beds
    2,264sqft
    Single Family Residence
    Built in 2022
    5,519 Square Feet Lot
    $744,000 Zestimate®
    $329/sqft
    $3,482 Estimated rent

    Home value

    $744,000

    $692,000 - $804,000

    $3,482/mo

    Zestimate® history
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    What's special

    Covered back patioSpacious open kitchenFull wrapped windowsLuxury vinyl floorsCustom closet shelvingTerritorial view of greenbeltCustom tile backsplash
    Pristine, Sophisticated, Elegant, Century built Penelope floorplan in desirable Jubilee 55+ community. Unique opportunity to own this exceptional home with over $125k in upgrades (ask your agent for full list). Large den off entry can be a 3rd bedroom, luxury vinyl floors throughout, heated tile floors in both bathrooms, spacious open kitchen adorned with custom tile backsplash and pot filler, KitchenAid appliance package with 6 burner gas range, and large island with quartz counters. Some features include custom Granby electric blinds throughout, 2 gas fireplaces, full wrapped windows, custom closet shelving in pantry and bedrooms, covered back patio with territorial view of greenbelt, A/C, Generac generator, and 240V electric car charger.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathlyn Smith,

    RE/MAX Northwest

    Bought with:

    Marissa Natkin, 103376

    KW Greater Seattle

    Source: NWMLS as distributed by MLS GRID,MLS#: 2418224MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Den office
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Lower
    Utility room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Electric, Natural Gas
    Cooling
    • Forced Air
    Appliances
    • Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater Location: Garage
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Vinyl Plank
    • Doors: French Doors
    • Basement: None
    • Number of fireplaces: 2
    • Fireplace features: Gas, Main Level: 2, Fireplace
    Interior area
    • Total structure area: 2,264
    • Total interior livable area: 2,264 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace, French Doors, Security System, Wired for Generator
    • Pool features: Community
    • Has view: Yes
    • View description: See Remarks, Territorial
    Lot
    • Size: 5,519 Square Feet
    • Features: Curbs, Paved, Sidewalk, Electric Car Charging, Fenced-Partially, Gas Available, Patio, Sprinkler System
    • Topography: Level
    Details
    • Parcel number: 52930162900
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard
    • Other equipment: Wired for Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Wood Siding, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 2022
    • Major remodel year: 2022

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Age Restriction, Athletic Court, CCRs, Clubhouse, Golf, Park, Playground, Trail(s)
    • Security: Security System
    • Senior community: Yes
    • Subdivision: Jubilee
    HOA
    • HOA fee: $281 monthly
    • HOA phone: 360-923-1584
    Location
    • Region: Lacey

    Financial & listing details

    • Price per square foot: $329/sqft
    • Tax assessed value: $692,700
    • Annual tax amount: $7,193
    • Date on market: 3/6/2026
    • Cumulative days on market: 138 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    9/17/2025Sold$745,000-0.7%$329/sqft
    Source: NWMLS as distributed by MLS GRID #2418224 Report a problem
    8/30/2025Pending sale$750,000$331/sqft
    Source: NWMLS as distributed by MLS GRID #2418224 Report a problem
    8/7/2025Listed for sale$750,000+5.1%$331/sqft
    Source: NWMLS as distributed by MLS GRID #2418224 Report a problem
    1/28/2022Sold$713,829$315/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,193 +13.7%$692,700 +4.7%
    2023$6,325 -0.2%$661,900 -0.6%
    2022$6,336 +439.2%$666,100 +563.4%
    2021$1,175 -6.9%$100,400 -0.1%
    2020$1,262 $100,500 +6.3%
    2019-- $94,500
    Find assessor info on the county website

    Neighborhood: 98516

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $744,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $744,000