Google street view image for 1500 Draham Rd NE, Lacey, WA 98516

OFF MARKET

$545,236

•

2 ba

•

1,350

sq ft

1500 Draham Rd NE, Lacey, WA 98516

About this home

1500 Draham Rd NE is a 1,350 square foot house on a 1.3 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Lacey data, we estimate the home's value is $545,236.

Single-familyProperty Type

2024Year Built

1.3 acresLot Size

$404Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$545,236

$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.2% lower than the average sale price ($563K) of 6 comparable homes.

SOLD MAR 23, 2026
$485,000
A
3 beds2 baths1,516 sq ft
828 Livingston St NE, Lacey, WA 98516
SOLD SEP 24, 2025
$455,000
B
3 beds2 baths1,380 sq ft
6540 3rd Way SE, Lacey, WA 98503
SOLD DEC 4, 2025
$660,000
C
3 beds2.5 baths2,092 sq ft
5633 17th Ave NE, Olympia, WA 98516
SOLD MAR 12, 2026
$510,000
D
3 beds2 baths1,480 sq ft
6715 3rd Way SE, Lacey, WA 98503
SOLD FEB 12, 2026
$800,000
E
3 beds2.5 baths2,383 sq ft
1940 NE Judd St NE, Olympia, WA 98516
SOLD DEC 31, 2025
$469,000
F
3 beds2 baths1,416 sq ft
6714 Husky Way SE, Lacey, WA 98503

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$511,855

Est. take-home

List your home with Redfin and save $5,452

Rent

$2,639/mo

Redfin rental estimate

List your home for rent

Market trends in 98516, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

+0.3% MoM

Median sale price

$567K

$16K MoM

Avg. days on market

23d

4 days MoM

Recently sold homes

117

21 MoM

New listings for sale

NEW 14 HRS AGO
$629,995
4 beds4 baths2,160 sq ft
1327 Horne St NE, Olympia, WA 98516
Ben Smith • Real Broker LLC
NEW 16 HRS AGO
$755,000
2 beds2 baths1,946 sq ft
4802 Meriwood Dr NE, Olympia, WA 98516
Katelynn Rajcich • City Realty Inc.
$949,950
3 beds3 baths3,982 sq ft
4902 74th Ln NE, Olympia, WA 98516
John Hurlbut • Keller Williams Realty
VIDEO TOUR
$4,999,900
4 beds2.5 baths5,672 sq ft
6943 NE 76th Ave, Olympia, WA 98506
Paul Strawn • Riley Jackson Real Estate Inc.
$450,000
3 beds2.5 baths1,330 sq ft
8708 Stockholm Ln NE, Lacey, WA 98516
Perisi Tausa • Real Broker LLC
3D WALKTHROUGH
$525,000
3 beds2 baths1,590 sq ft
3401 Lanyard Dr NE, Lacey, WA 98516
Ruthy Taylor • Real Broker LLC
$769,000
2 beds2.5 baths2,242 sq ft
8633 Bainbridge Loop NE, Lacey, WA 98516
Katy Smith • RE/MAX Northwest
3D WALKTHROUGH
$1,025,000
4 beds3 baths3,464 sq ft
4744 Waxwing Ct SE, Olympia, WA 98516
Ashleigh Camberg • PCS Home Group
$435,000
3 beds2 baths1,146 sq ft
8825 Quinault Dr NE, Olympia, WA 98516
Michael Warner • BHGRE - Northwest Home Team
3D WALKTHROUGH
$600,000
3 beds2 baths1,691 sq ft
3519 Gray Ct NE, Lacey, WA 98516
Aaron Thomas • Real Broker LLC
See all

Provided by Redfin

Sale history for 1500 Draham Rd NE

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2026

$4,873 (+14.4%)

$149,200 + $315,600

$464,800

2025

$4,259 (+84.8%)

$149,200 + $315,600

$464,800

2024

$2,305 (+18.9%)

$159,000 + $245,800

$404,800

2023

$1,939 (−13.6%)

$158,400 + $77,000

$235,400

2022

$2,245 (+8.9%)

$115,800 + $82,300

$198,100

2021

$2,062 (+4.8%)

$125,700 + $62,900

$188,600

2020

$1,967 (+18.7%)

$107,200 + $54,000

$161,200

2019

$1,657 (−5.4%)

$104,100 + $55,600

$159,700

2018

$1,752 (+10.3%)

$87,400 + $39,900

$127,300

2017

$1,589 (+8.8%)

$87,400 + $39,900

$127,300

2016

$1,461 (−2.3%)

$86,350 + $35,000

$121,350

2015

$1,495 (+5.6%)

$80,250 + $31,700

$111,950

2014

$1,416 (−9.2%)

$81,050 + $27,700

$108,750

2013

$1,559 (+9.3%)

$81,050 + $27,700

$108,750

2012

$1,427 (+5.2%)

$80,550 + $33,700

$114,250

2011

$1,356 (−13.5%)

$76,050 + $38,000

$114,050

2010

$1,567 (−2.7%)

$77,000 + $42,000

$119,000

2009

$1,609

$93,900 + $59,900

$153,800

Tax history for 1500 Draham Rd NE

Year

Property tax

Land + Additions

Assessment*

2026

$4,873 (+14.4%)

$149,200 + $315,600

$464,800

2025

$4,259 (+84.8%)

$149,200 + $315,600

$464,800

2024

$2,305 (+18.9%)

$159,000 + $245,800

$404,800

2023

$1,939 (−13.6%)

$158,400 + $77,000

$235,400

2022

$2,245 (+8.9%)

$115,800 + $82,300

$198,100

2021

$2,062 (+4.8%)

$125,700 + $62,900

$188,600

2020

$1,967 (+18.7%)

$107,200 + $54,000

$161,200

2019

$1,657 (−5.4%)

$104,100 + $55,600

$159,700

2018

$1,752 (+10.3%)

$87,400 + $39,900

$127,300

2017

$1,589 (+8.8%)

$87,400 + $39,900

$127,300

2016

$1,461 (−2.3%)

$86,350 + $35,000

$121,350

2015

$1,495 (+5.6%)

$80,250 + $31,700

$111,950

2014

$1,416 (−9.2%)

$81,050 + $27,700

$108,750

2013

$1,559 (+9.3%)

$81,050 + $27,700

$108,750

2012

$1,427 (+5.2%)

$80,550 + $33,700

$114,250

2011

$1,356 (−13.5%)

$76,050 + $38,000

$114,050

2010

$1,567 (−2.7%)

$77,000 + $42,000

$119,000

2009

$1,609

$93,900 + $59,900

$153,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Low-Density Residential District

It is the intent of this chapter to: Enhance the residential quality of the city by providing a high standard of development for residential; Allow a broad range of housing options; Guide residential development to those areas where: Public sewers are in place prior to residential building construction, or Sewers can be extended, or New technology in the processing of domestic sewerage makes residential development in unsewered areas environmentally acceptable; Guide development of residential areas in such manner as to encourage and plan for the availability of public services and community facilities such as utilities, police and fire protection, streets, schools, parks and recreation; Guide development in such a manner as to provide protection between noncompatible uses.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Multiple units
Housing-Other

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 12

Heating & Cooling
Heating Type: Forced Air

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Construction Quality: Fair
Roof Shape Type: Gable

Property Information
Living Sq. Ft: 1,350
Ground Floor Sq. Ft: 675
Building Sq. Ft: 1,350
# of Stories: 2
Stories Type: 2
Legal Description: SECTION 09 TOWNSHIP 18 RANGE 1W QUARTER NE SE SS-06087 LT 1 DOCUMENT 8307150104

Lot Information
# of Buildings: 1
Land Sq. Ft: 56,628
Legal Lot Number: 1
School Tax District: NORTH THURSTON
Municipality Type: 241
Municipality Name: CITY OF LACEY
Acres: 1.3
Zoning Code: LD 0-4
County Use Description: RESIDENTIAL SINGLE
State Use Description: RESIDENCES

Utility Information
Sewer Type: Septic
Water Service Type: Well

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,350
Stories: 2.0
Lot Size: 1.3 acres
Style: Single Family Residential
Year Built: 2024
Year Renovated: 2024
County: Thurston County
APN: 11809410500

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Pleasant Glade Elementary School

Public PreK-5 • Assigned • 1.0mi

5/10

Chinook Middle School

Public 6-8 • Assigned • 1.1mi

5/10

North Thurston High School

Public 9-12 • Assigned • 1.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 88° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Lacey, WA • 98516

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$518,000 – $628,000

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NEW 14 HRS AGO

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Paul Strawn • Riley Jackson Real Estate Inc.

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Ruthy Taylor • Real Broker LLC

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Katy Smith • RE/MAX Northwest

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Ashleigh Camberg • PCS Home Group

$435,000

3 beds2 baths1,146 sq ft

8825 Quinault Dr NE, Olympia, WA 98516

Michael Warner • BHGRE - Northwest Home Team

Home values near 1500 Draham Rd NE

Data from public records.

Address	Redfin Estimate
1541 Draham Rd NE, Olympia, WA 3 Beds \| 1.5 Baths \| 1604 Sq. Ft.	$530,370
1603 Draham Rd NE, Olympia, WA 3 Beds \| 1.5 Baths \| 1164 Sq. Ft.	$723,304

Address	Redfin Estimate
1635 Draham Rd NE, Olympia, WA 4 Beds \| 2 Baths \| 2120 Sq. Ft.	$583,532
1537 Draham Rd NE, Olympia, WA 3 Beds \| 1.5 Baths \| 1172 Sq. Ft.	$506,892

Address	Redfin Estimate
1617 Draham Rd NE, Olympia, WA 3 Beds \| 1.5 Baths \| 1352 Sq. Ft.	$499,261
1545 Draham Rd NE, Olympia, WA 3 Beds \| 1 Baths \| 1450 Sq. Ft.	$460,222

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98516, WA

Sale history for 1500 Draham Rd NE

Tax history for 1500 Draham Rd NE

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98516

Home values near 1500 Draham Rd NE

More real estate resources