Sold

Listed by: eXp Realty • Cherise Spears

Bought with: Proud Realty

$474,999

7331 Ridgemont Drive SE, Olympia, WA 98513

3beds

3,104sqft

Single Family Residence

Built in 1971

0.26 Acres Lot

$474,900 Zestimate^®

$153/sqft

$3,185 Estimated rent

Home value

$474,900

$442,000 - $513,000

$3,185/mo

Zestimate^® history

Owner options

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$3,185/mo

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$3,185/mo

Rent Zestimate^®

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$3,162/mo

Est. payment

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$3,162/mo

Est. payment

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What's special

Second kitchenFour bonus rooms downstairsNewer dishwasherThree bedrooms upstairsFully fenced front yardNewer exterior paintNew roof

Opportunity knocks in the Pattison Lake community! This spacious home is ready for new life, featuring a 3-bedroom septic, three bedrooms upstairs, and four bonus rooms downstairs—plus a second kitchen with a newer dishwasher and private entry. With some cosmetic updates, this layout offers endless potential: multigenerational living, rental possibilities, or creating your dream setup from the ground up. Big-ticket items are done: new roof, newer exterior paint (within 5 years), new electrical panel and water heater, and a freshly pumped septic. Fully fenced front yard, partially fenced back, plus a fenced dog run. Enjoy access to the lake and private community area. Bring your vision and make it yours!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 3

Bedroom

Level: Main

Heating

Fireplace, Forced Air, Natural Gas

Cooling

None

Appliances

Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Lower Level Near Furnace

Features

Bath Off Primary, Dining Room
Flooring: Concrete, Laminate, Carpet
Basement: Finished
Number of fireplaces: 2
Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace

Interior area

Total structure area: 3,104
Total interior livable area: 3,104 sqft

Property

Parking

Total spaces: 2
Parking features: Attached Garage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Main
Patio & porch: Second Kitchen, Bath Off Primary, Dining Room, Fireplace, Water Heater

Lot

Size: 0.26 Acres
Features: Paved, Dog Run, Fenced-Fully, Fenced-Partially, High Speed Internet
Topography: Level
Residential vegetation: Garden Space

Details

Parcel number: 58230003500
Zoning: LD 0-4
Zoning description: Jurisdiction: County
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: 1 Story w/Bsmnt.
Property subtype: Single Family Residence

Materials

Cement Planked, Wood Siding, Cement Plank
Foundation: Slab
Roof: Composition

Condition

Fair
Year built: 1971
Major remodel year: 1991

Utilities & green energy

Electric: Company: PSE
Sewer: Septic Tank, Company: Septic
Water: Public, Company: City of Lacey
Utilities for property: Xfinity

Community & HOA

Community

Features: Boat Launch, CCRs, Park, Playground
Subdivision: Lacey

HOA

HOA fee: $200 annually

Location

Region: Olympia

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $546,400
Annual tax amount: $377
Date on market: 8/10/2025
Cumulative days on market: 346 days
Listing terms: Conventional,FHA,VA Loan
Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)

Price history

Date	Event	Price
8/29/2025	Sold	$474,999$153/sqft
Source: NWMLS as distributed by MLS GRID #2393483 Report a problem
8/6/2025	Pending sale	$474,999$153/sqft
Source: NWMLS as distributed by MLS GRID #2393483 Report a problem
6/18/2025	Listed for sale	$474,999$153/sqft
Source: NWMLS as distributed by MLS GRID #2393483 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$377 +0%	$546,400 +1.3%
2023	$377 +33.4%	$539,400 -4.1%
2022	$283 -16.4%	$562,500 +22.7%
2021	$338 -9.2%	$458,300 +26.6%
2020	$372 -3.5%	$362,100 +1.5%
2019	$385 -1.9%	$356,600 +8%
2018	$393 -11.8%	$330,200 +18.9%
2017	$445	$277,800 +4.9%
2016	$445	$264,900 +5.9%
2014	$445	$250,100 +8.6%
2013	--	$230,200
2012	$761	--
2011	--	--
2010	--	--
2009	$556	--
2008	--	--
2007	$561 -66.7%	--
2006	$1,688	--
2005	--	--
2004	--	--
2002	--	--
2001	$2,512 +7%	$155,900 +9.4%
2000	$2,348	$142,500