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.
Pending inspection
Listed by: COMPASS • Thomas Meas
$539,999
7516 Magnolia Court SE, Lacey, WA 98503
5beds
2,270sqft
Single Family Residence
Built in 1994
8,698 Square Feet Lot
$538,200 Zestimate®
$238/sqft
$39/mo HOA
What's special
Tree-lined streetsSpacious lotQuiet cul-de-sacFive bedrooms
- 41 days |
- 273 |
- 20 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Thomas Meas,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2511701
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: $238/sqft
- Tax assessed value: $518,200
- Annual tax amount: $5,470
- Date on market: 6/7/2026
- Cumulative days on market: 41 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)
Estimated market value
$538,200
$511,000 - $565,000
$2,986/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Pending sale | $539,999$238/sqft |
Source:  NWMLS as distributed by MLS GRID #2511701 Report a problem | ||
| 6/7/2026 | Listed for sale | $539,999$238/sqft |
Source: NWMLS as distributed by MLS GRID #2511701 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98503
Nearby schools
GreatSchools rating
- 7/10Woodland Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Nisqually Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10Timberline High SchoolGrades: 9-12Distance: 1 mi
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.
- $430,0003 bd2 ba1.5k sqft7526 38th Dr SE, Lacey, WA 98503Sold
- $542,0004 bd3 ba2.5k sqft6905 38th Ave SE, Lacey, WA 98503Sold
- $505,0004 bd3 ba2.1k sqft7600 38th Ct SE, Lacey, WA 98503Sold
- $525,0003 bd3 ba2k sqft7605 38th Ct SE, Lacey, WA 98503Sold
- $599,9904 bd3 ba2.1k sqft7542 41st Ave SE, Lacey, WA 98503Pending
- $457,0003 bd2 ba1.4k sqft7604 41st Ave SE, Lacey, WA 98503Sold
- $535,4003 bd2 ba1.7k sqft7608 38th Ct SE, Lacey, WA 98503Off Market
- $414,2973 bd2 ba1.6k sqft7414 38th Dr SE, Lacey, WA 98503Sold
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $539,0004 bd3 ba1.8k sqft4721 Parkside Drive SE, Lacey, WA 98503Active
MLS ID #2550639, Jillian West. NWMLS as distributed by MLS GRID - $539,0003 bd3 ba1.8k sqft6608 Sierra Court SE, Lacey, WA 98503Active
MLS ID #2519823, Aubrey Davenport. NWMLS as distributed by MLS GRID - $570,0003 bd3 ba2.2k sqft1314 Starlite Court E, Lacey, WA 98503Active
MLS ID #2514869, Austin Hellickson. NWMLS as distributed by MLS GRID - $580,0005 bd4 ba2.5k sqftCzikall, Lacey, WA 98503Active
MLS ID #2547068, Wesley Daughenbaugh. NWMLS as distributed by MLS GRID - $675,0003 bd3 ba2.4k sqft6206 Shady Lane SE, Lacey, WA 98503ActiveMLS ID #2556249, Tammy Adams. NWMLS as distributed by MLS GRID
- $515,0003 bd2 ba1.9k sqftTanglewilde Div 14, Lacey, WA 98503ActiveMLS ID #2551089, Jenny Sawyer. NWMLS as distributed by MLS GRID
- $547,4003 bd2 ba2.4k sqftTanglewilde Div 15, Lacey, WA 98503ActiveMLS ID #2519101, Sarina Hoffman. NWMLS as distributed by MLS GRID
- $580,0004 bd3 ba3k sqft5770 Arcarro Court SE, Lacey, WA 98503ActiveMLS ID #2487446, Rebecca Elliott Googins. NWMLS as distributed by MLS GRID
- $545,0004 bd2 ba1.8k sqft1343 Milbanke Drive SE, Olympia, WA 98513ActiveMLS ID #2543197, Kevin Gordham. NWMLS as distributed by MLS GRID
- $499,9503 bd3 ba1.8k sqftStonegate At Avonlea, Lacey, WA 98503ActiveMLS ID #2522521, Matthew J Williamson. NWMLS as distributed by MLS GRID
- $550,0004 bd3 ba2.5k sqft7123 33rd Avenue NE, Olympia, WA 98516ActiveMLS ID #2550001, Jessica Kammeyer. NWMLS as distributed by MLS GRID
- $499,9994 bd3 ba1.8k sqft6549 Steamer Drive SE, Lacey, WA 98513ActiveMLS ID #2551772, James Marszalek. NWMLS as distributed by MLS GRID
- $494,9504 bd3 ba1.8k sqft7716 Brianna Court SE, Olympia, WA 98513ActiveMLS ID #2531126, Brittani Dill. NWMLS as distributed by MLS GRID
- $585,0004 bd3 ba2.6k sqft8322 55th Avenue SE, Olympia, WA 98513ActiveMLS ID #2538863, Jay Kobza. NWMLS as distributed by MLS GRID
- $599,9904 bd3 ba2.4k sqft8842 28th Way SE, Olympia, WA 98513ActiveMLS ID #2538317, Kristin Schafer. NWMLS as distributed by MLS GRID
- $519,0003 bd3 ba1.5k sqft9711 Vantage Terrace Court SE, Olympia, WA 98513ActiveMLS ID #2542496, Matthew J Williamson. NWMLS as distributed by MLS GRID
- $535,0003 bd2 ba1.5k sqft3409 Van Epps Street SE, Olympia, WA 98501ActiveMLS ID #2519917, Kevin Gordham. NWMLS as distributed by MLS GRID
- $682,0006 bd4 ba2.6k sqft643 School Street SE, Lacey, WA 98503ActiveMLS ID #2472540, Tarah A Yurovchak. NWMLS as distributed by MLS GRID
- $556,0004 bd3 ba2.1k sqft837 Pioneer Street SW, Tumwater, WA 98512ActiveMLS ID #2532949, Stacy Littlejohn. NWMLS as distributed by MLS GRID
- $549,0003 bd4 ba2.3k sqft304 N 5th Avenue SW, Tumwater, WA 98512ActiveMLS ID #2537277, Keith Fuller. NWMLS as distributed by MLS GRID
