OFF MARKET

Off Market Jun 1998 for $2.5M

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Est. refi paymentEst. refi $16,071/mo

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•

— ba

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4,396

sq ft

201 Carpenter Rd SE, Lacey, WA 98503

About this home

201 Carpenter Rd SE is a 4,396 square foot multi-family home on a 7.76 acre lot. - it last sold on June 04, 1998 for $2,500,000.

Multi-familyProperty Type

1983Year Built

7.76 acresLot Size

$569Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 98503, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.6%

0.5% MoM

Median sale price

$495K

$12K MoM

Avg. days on market

1 days MoM

Recently sold homes

104

2 MoM

New listings for sale

REDFIN OPEN SAT, 11AM TO 1PM
$520,000
3 beds2 baths1,546 sq ft
4320 Wellington Loop SE, Lacey, WA 98503
Redfin
NEW 7 HRS AGO
$545,000
3 beds2 baths1,996 sq ft
1617 Diamond Loop, Lacey, WA 98503
Isaiah Johnston • Realty One Group Bold
$114,000
2 beds2 baths1,152 sq ft
5216 Yakima Ln SE #103, Lacey, WA 98503
Jonathan Byrd • Keller Williams Eastside
REDFIN OPEN SAT, 2PM TO 4PM
$530,000
3 beds2.5 baths1,876 sq ft
5102 39th Ave SE, Lacey, WA 98503
Redfin
OPEN SAT, 12PM TO 2PM
$535,000
3 beds2 baths2,446 sq ft
608 School St SE, Lacey, WA 98503
Sarina Hoffman • John L. Scott Lacey
OPEN SAT, 10AM TO 12PM
$505,000
3 beds2.5 baths2,629 sq ft
7944 Spartan Ct SE, Lacey, WA 98503
Megan Zahringer • Olympic Sotheby's Int'l Realty
OPEN SAT, 11AM TO 1PM
$465,000
3 beds2 baths1,508 sq ft
4519 23rd Ave SE, Lacey, WA 98503
Jerry Obendorf • Keller Williams South Sound
OPEN SUN, 2PM TO 4PM
$699,999
3 beds2 baths3,458 sq ft
7728 Mesplay Ave SE, Lacey, WA 98503
Vanessa Betancourt • John L. Scott, Inc
$150,000
3 beds2 baths1,232 sq ft
915 Union Mills Rd #11, Lacey, WA 98503
Chris Nye • MLS4owners.com
OPEN SAT, 11AM TO 1PM
$450,000
2 beds2 baths1,340 sq ft
5501 Cricket Ln SE, Lacey, WA 98503
Jaime Cerna • Coldwell Banker Bain
See all

Provided by Redfin

Sale history for 201 Carpenter Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$165,105 (−6.2%)

$4,659,200 + $11,293,100

$15,952,300

2025

$176,031 (+31.7%)

$4,659,200 + $11,293,100

$15,952,300

2024

$133,625 (−23.1%)

$7,286,300 + $9,684,100

$16,970,400

2023

$173,760 (+35.5%)

$5,299,200 + $8,701,300

$14,000,500

2022

$128,268 (−6.3%)

$4,884,600 + $13,405,900

$18,290,500

2021

$136,898 (+2.1%)

$4,050,900 + $6,994,500

$11,045,400

2020

$134,072 (+35.7%)

$5,430,200 + $5,553,900

$10,984,100

2019

$98,774 (+15.6%)

$5,967,700 + $5,209,700

$11,177,400

2018

$85,469 (+8.5%)

$2,241,300 + $4,130,700

$6,372,000

2017

$78,797 (−4.9%)

$2,241,300 + $4,130,700

$6,372,000

2016

$82,897 (+7.8%)

$1,504,950 + $4,694,000

$6,198,950

2015

$76,927 (+26.0%)

$1,747,950 + $4,809,800

$6,557,750

2014

$61,060 (+0.6%)

$1,365,050 + $3,475,800

$4,840,850

2013

$60,724 (+5.0%)

$1,365,050 + $3,475,800

$4,840,850

2012

$57,859 (+22.4%)

$1,331,750 + $3,248,400

$4,580,150

2011

$47,289 (−2.4%)

$1,415,000 + $3,355,100

$4,770,100

2010

$48,443 (+6.4%)

$1,325,050 + $2,958,700

$4,283,750

2009

$45,537

$1,443,100 + $3,443,600

$4,886,700

Tax history for 201 Carpenter Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$165,105 (−6.2%)

$4,659,200 + $11,293,100

$15,952,300

2025

$176,031 (+31.7%)

$4,659,200 + $11,293,100

$15,952,300

2024

$133,625 (−23.1%)

$7,286,300 + $9,684,100

$16,970,400

2023

$173,760 (+35.5%)

$5,299,200 + $8,701,300

$14,000,500

2022

$128,268 (−6.3%)

$4,884,600 + $13,405,900

$18,290,500

2021

$136,898 (+2.1%)

$4,050,900 + $6,994,500

$11,045,400

2020

$134,072 (+35.7%)

$5,430,200 + $5,553,900

$10,984,100

2019

$98,774 (+15.6%)

$5,967,700 + $5,209,700

$11,177,400

2018

$85,469 (+8.5%)

$2,241,300 + $4,130,700

$6,372,000

2017

$78,797 (−4.9%)

$2,241,300 + $4,130,700

$6,372,000

2016

$82,897 (+7.8%)

$1,504,950 + $4,694,000

$6,198,950

2015

$76,927 (+26.0%)

$1,747,950 + $4,809,800

$6,557,750

2014

$61,060 (+0.6%)

$1,365,050 + $3,475,800

$4,840,850

2013

$60,724 (+5.0%)

$1,365,050 + $3,475,800

$4,840,850

2012

$57,859 (+22.4%)

$1,331,750 + $3,248,400

$4,580,150

2011

$47,289 (−2.4%)

$1,415,000 + $3,355,100

$4,770,100

2010

$48,443 (+6.4%)

$1,325,050 + $2,958,700

$4,283,750

2009

$45,537

$1,443,100 + $3,443,600

$4,886,700

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

Zoning and permits

Zoning
Permits

CBD 7

Central Business District- 7

The purpose of the CBD-7 land use district is to provide an area for a broad range of business park-type activities, along with mixed-use activities, office complexes, hotels, limited general commercial, and public facilities.

Permitted uses

Include but are not limited to:

Day care facility
General retail
Retail-Grocery
Restaurant
Housing-Multiple units
Hotel / motel
Medical office
Educational/school
Museum / gallery
Transportation

Dec 2, 2025 • Final

Addition or alteration

Repair damage to a building caused by a vehicle collision.

Remodel

Oct 29, 2025 • Final

Electrical

Provide electrical power to a maintenance shed.

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Heating & Cooling
Air Conditioning Type: Wall Unit
Heating Type: Wall Electric

Exterior

Exterior Information
Physical Condition: Good
Construction Type: Wood
Building Construction Quality: Fair
Exterior Wall: Plywood
Building Type: Apartment

Pool Information
Pool Type: Vinyl
Has Pool

Property Information
Ground Floor Sq. Ft: 2,198
Building Sq. Ft: 4,396
# of Stories: 2
Legal Description: SECTION 15 TOWNSHIP 18 RANGE 1W QUARTER SW NW SS-0041 LT 4 DOCUMENT 1040552 TGW PTN DAF: BAP ON S LN SUB N89-43-30E 865.82F FROM SW COR; N0-16-30W 209F & E TO E LN SW NW; S TO SE COR SUB; W ALG

Lot Information
# of Buildings: 16
Land Sq. Ft: 338,026
Legal Lot Number: 4
School Tax District: NORTH THURSTON
Municipality Type: 241
Municipality Name: CITY OF LACEY
Acres: 7.76
Zoning Code: CBD 7
County Use Description: RESIDENTIAL 5+ UNITS
State Use Description: APARTMENTS

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,396
Stories: 2.0
Lot Size: 7.76 acres
Style: Multi-Family (5+ Unit)
Year Built: 1983
Year Renovated: 1990
County: Thurston County
APN: 11815230300

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Lacey Elementary School

Public K-5 • Assigned • 1.3mi

5/10

Salish Middle School

Public 6-8 • Assigned • 3.0mi

5/10

North Thurston High School

Public 9-12 • Assigned • 1.6mi

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 • 98503

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

Is this your home?

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Home values near 201 Carpenter Rd SE

Data from public records.

Address	Redfin Estimate
209 Carpenter Rd SE, Lacey, WA 3 Beds \| 1 Baths \| 1350 Sq. Ft.	$385,360
543 Malibu Dr SE, Lacey, WA 2 Beds \| 1 Baths \| 880 Sq. Ft.	$373,286

Address	Redfin Estimate
521 Malibu Dr SE, Lacey, WA 3 Beds \| 2 Baths \| 1250 Sq. Ft.	$345,202
533 Malibu Dr SE, Lacey, WA 3 Beds \| 1 Baths \| 1048 Sq. Ft.	$364,993

Address	Redfin Estimate
519 Malibu Dr SE, Lacey, WA 3 Beds \| 1 Baths \| 1168 Sq. Ft.	$339,554
529 Malibu Dr SE, Lacey, WA 2 Beds \| 1 Baths \| 1048 Sq. Ft.	$348,917

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 98503, WA

Sale history for 201 Carpenter Rd SE

Tax history for 201 Carpenter Rd SE

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 98503

Home values near 201 Carpenter Rd SE

More real estate resources