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  • Listed by: COMPASS • Thomas Meas
    Bought with: COMPASS
    $525,000

    7516 Magnolia Court SE, Lacey, WA 98503

    5beds
    2,270sqft
    Single Family Residence
    Built in 1994
    8,698 Square Feet Lot
    $520,100 Zestimate®
    $231/sqft
    $3,182 Estimated rent

    Home value

    $520,100

    $494,000 - $546,000

    $3,182/mo

    Zestimate® history
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    What's special

    Tree-lined streetsSpacious lotQuiet cul-de-sacFive bedrooms
    Nestled in a quiet cul-de-sac within one of Lacey's most established and desirable neighborhoods, 7516 Magnolia Ct SE offers the perfect blend of comfort, convenience, and Pacific Northwest living. This charming residence is located in the highly sought-after Long Lake area, a community known for its tree-lined streets, welcoming atmosphere, excellent schools, and close proximity to recreation, shopping, and major commuter routes. Situated on a spacious lot, this home provides an inviting setting where homeowners can enjoy privacy while remaining connected to everything that makes the South Sound region such an exceptional place to live. Whether you're a first-time homebuyer, downsizer, or investor, this property presents an incredible opportunity to own a home in one of Thurston County's most convenient locations. The home features approximately 2,270 square feet with five bedrooms and two and a half bathrooms on a generously sized lot of nearly 8,700 square feet.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Meas,

    COMPASS

    Bought with:

    Dyyana Simon, 23005562

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2511701MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Lower
    Bathroom full
    • Level: Main
    Other
    • Level: Main
    Dining room
    • Level: Second
    Great room
    • Level: Lower
    Kitchen with eating space
    • Level: Second
    Living room
    • Level: Main
    Utility room
    • Level: Lower
    Heating
    • Heat Pump, Natural Gas
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Trash Compactor, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage
    Features
    • Flooring: Laminate
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,270
    • Total interior livable area: 2,270 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Attached Garage, Off Street
    • Has attached garage: Yes
    • Covered spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: Multi/Split
    • Patio & porch: Water Heater
    • Has view: Yes
    • View description: Partial
    Lot
    • Size: 8,698 Square Feet
    • Features: Cul-De-Sac, Curbs, Paved, Sidewalk
    • Topography: Level
    • Residential vegetation: Brush, Fruit Trees, Garden Space
    Details
    • Parcel number: 61710008800
    • Zoning: LD 3-6
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Split Entry
    • Property subtype: Single Family Residence
    Materials
    • Metal/Vinyl
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1994
    • Major remodel year: 1995

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of lacey
    • Water: Public, Company: City Of lacey
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Lacey
    HOA
    • Services included: Common Area Maintenance, Road Maintenance, Sewer, Water
    • HOA fee: $465 annually
    • HOA phone: 360-474-7145
    Location
    • Region: Lacey

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $518,200
    • Annual tax amount: $5,470
    • Date on market: 7/27/2026
    • Cumulative days on market: 27 days
    • Listing terms: Conventional,FHA,State Bond,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)

    Price history

    DateEventPrice
    7/23/2026Sold$525,000-2.8%$231/sqft
    Source: NWMLS as distributed by MLS GRID #2511701 Report a problem
    7/4/2026Pending sale$539,999$238/sqft
    Source: NWMLS as distributed by MLS GRID #2511701 Report a problem
    6/7/2026Listed for sale$539,999$238/sqft
    Source: NWMLS as distributed by MLS GRID #2511701 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,470 +14.2%$518,200 +5.3%
    2023$4,792 -2.1%$492,100 -2.6%
    2022$4,894 +1.2%$505,100 +23.6%
    2021$4,836 +14.5%$408,600 +23.2%
    2020$4,223 +28.4%$331,600 +4.9%
    2019$3,289 -11.7%$316,200 +6.6%
    2018$3,723 +17.6%$296,700 +12.1%
    2017$3,165 $264,750 +9.1%
    2016$3,165 $242,750 +1.6%
    2014$3,165 $239,000 +7.9%
    2013-- $221,550
    2012$2,844 --
    2011-- --
    2010-- --
    2009$2,625 --
    2008-- --
    2007$2,683 -23.5%--
    2006$3,505 +50.5%--
    2005$2,329 --
    2004-- --
    2002-- --
    2001$2,304 -3.2%$150,100 +0.6%
    2000$2,379 $149,200
    Find assessor info on the county website

    Neighborhood: 98503

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Woodland Elem
    • Middle: Nisqually 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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    Estimated market value
    $520,100
    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
    $520,100