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  • Listed by: Spivey Realty Group, LLC • Lisa Ulakovich
    Bought with: Skyline Properties, Inc.
    $480,000

    8311 SE Lake Forest Drive, Olympia, WA 98503

    3beds
    1,495sqft
    Single Family Residence
    Built in 1990
    0.32 Acres Lot
    $477,400 Zestimate®
    $321/sqft
    $2,641 Estimated rent

    Home value

    $477,400

    $439,000 - $516,000

    $2,641/mo

    Zestimate® history
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    What's special

    Freestanding gas stoveSpacious primary suiteCustom shelved closetWalk-in showerFrench doorsVaulted ceilings
    Charming and well maintained 3-bed 2-bath home! This 1494 sq ft rambler features a spacious primary suite, with custom shelved closet and 3/4 bath that has a walk-in shower. The living room has vaulted ceilings and a freestanding gas stove for extra warmth. The kitchen boasts skylights and plenty of counter space, while the family room has French doors that open to the large (composite)deck that is perfect for entertaining. This home sits on a 13,910 sq ft lot and backs up to a green belt for added beauty and privacy. Additional highlights include a new gas water heater, 2017 gas furnace and heat pump with A/C, plus low-maintenance LeafGaurd gutters. All of this, in the highly desired Lake Forest community! Make your appointment today.

    Zillow last checked:

    Listing updated:

    Offers reviewed: Mar 17
    Listed by:

    Lisa Ulakovich,

    Spivey Realty Group, LLC

    Bought with:

    Korey J Pisha, 108985

    Skyline Properties, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2338125MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Forced Air, Heat Pump, Electric, Natural Gas
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Garage
    Features
    • Bath Off Primary, Dining Room
    • Flooring: Engineered Hardwood, Vinyl, Carpet
    • Doors: French Doors
    • Windows: Double Pane/Storm Window, Skylight(s)
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,495
    • Total interior livable area: 1,495 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Skylight(s), Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.32 Acres
    • Features: Adjacent to Public Land, Curbs, Paved, Deck, Fenced-Partially, Gas Available
    • Topography: Level
    Details
    • Parcel number: 58140005500
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Wood Siding, Cement Plank
    • Roof: Composition
    Condition
    • Year built: 1990

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank
    • Water: Public, Company: City of Lacey

    Community & HOA

    Community
    • Features: CCRs, Clubhouse, Playground, Trail(s)
    • Subdivision: Lake Forest
    HOA
    • HOA fee: $225 annually
    • HOA phone: 360-872-8798
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $321/sqft
    • Tax assessed value: $424,500
    • Annual tax amount: $4,076
    • Offers reviewed: 03/17/2025
    • Date on market: 5/18/2025
    • Cumulative days on market: 430 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    4/18/2025Sold$480,000+0.2%$321/sqft
    Source: NWMLS as distributed by MLS GRID #2338125 Report a problem
    3/14/2025Pending sale$479,000$320/sqft
    Source: NWMLS as distributed by MLS GRID #2338125 Report a problem
    3/13/2025Listed for sale$479,000$320/sqft
    Source: NWMLS as distributed by MLS GRID #2338125 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,563 +12%$424,500 +3.5%
    2023$4,076 +3.1%$410,100 +4%
    2022$3,953 -0.4%$394,200 +20.3%
    2021$3,970 +11.3%$327,600 +19.8%
    2020$3,568 +39.4%$273,500 +5.8%
    2019$2,560 -10.6%$258,400 +16.4%
    2018$2,862 +14.1%$222,000 +13%
    2017$2,509 $196,500 +3.2%
    2016$2,509 $190,450 +4.8%
    2014$2,509 $181,650 +14%
    2013-- $159,300
    2012$2,233 --
    2011-- --
    2010-- --
    2009$2,188 --
    2008-- --
    2007$2,160 -28.8%--
    2006$3,031 +45.2%--
    2005$2,087 --
    2004-- --
    2002-- --
    2001$1,919 +0.8%$117,600 +2.9%
    2000$1,904 $114,300
    Find assessor info on the county website

    Neighborhood: 98503

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $477,400
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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
    $477,400