OFF MARKET

Listed by John Novak • Southwest Washington Realty. Bought with Better Properties Meridian Inc.

Off Market Mar 2018 for $230K

$544,624

Est. refi paymentEst. refi $1,668/mo

—

•

— ba

•

2,064

sq ft

4511 15th Ave NE, Lacey, WA 98516

About this home

Multi-familyProperty Type

1968Year Built

6,600 sq ftLot Size

$264Est. Price/Sq.Ft.

8 spacesParking

Listed by John Novak • Southwest Washington Realty

Bought with Andre Scott • Better Properties Meridian Inc

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #1196238

Redfin Estimate

$544,624

$315K since sold in March 2018$19K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.2% lower than the average sale price ($587K) of 6 comparable homes.

SOLD BY REDFIN JUL 30, 2026
$600,000
A
4 beds2.5 baths2,284 sq ft
2115 Craig Rd SE, Olympia, WA 98501
SOLD NOV 25, 2025
$530,000
B
4 beds2 baths1,584 sq ft
1405 Josephine Ct SE, Lacey, WA 98503
SOLD FEB 20, 2026
$593,000
C
4 beds2.5 baths2,171 sq ft
1907 Greenfield St SE, Olympia, WA 98501
SOLD AUG 10, 2026
$580,000
D
3 beds2.5 baths2,174 sq ft
1718 Redwood Pl SE, Olympia, WA 98501
BOUGHT WITH REDFIN JUN 15, 2026
$500,000
E
3 beds2.5 baths1,508 sq ft
3008 Applehill Ct NE, Olympia, WA 98506
SOLD AUG 5, 2026
$720,000
F
3 beds2.5 baths2,137 sq ft
2927 27th Ln NE, Olympia, WA 98506

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Earn from this home

Sell

$360,278

Est. take-home

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Refinance

Est. cash available

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Market trends in 98516, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

0.3% MoM

Median sale price

$597K

$30K MoM

Avg. days on market

25d

2 days MoM

Recently sold homes

121

7 MoM

New listings for sale

NEW 7 HRS AGO
$774,900
2 beds2 baths1,869 sq ft
8427 Orcas Loop NE, Olympia, WA 98516
Sandra Hanby • John L. Scott Lacey
COMING SOON
$515,000
4 beds2.5 baths2,042 sq ft
3640 London Loop NE, Lacey, WA 98516
Kristin Schafer • NextHome South Sound
OPEN SAT TO 3PM
$475,000
3 beds2.5 baths1,928 sq ft
4247 McKinley St NE, Lacey, WA 98516
John Lynch • Timber Real Estate
$519,900
3 beds2.5 baths2,156 sq ft
7614 Pike Ave NE, Olympia, WA 98516
Paul Oczkewicz • Virgil Adams Real Estate, Inc.
COMING SOON
$740,000
2 beds2 baths1,975 sq ft
5019 Orcas St NE, Olympia, WA 98516
Katelynn Rajcich • City Realty Inc.
3D & VIDEO TOUR
$1,950,000
4 beds4.5 baths4,355 sq ft
7842 61st Ave NE, Olympia, WA 98516
Nate Burgher • Virgil Adams Real Estate, Inc.
$619,000
5 beds2.5 baths2,712 sq ft
3018 Eagle Loop NE, Olympia, WA 98516
Kyong Pitts • Kingstar Realty Inc.
VIDEO TOUR
$820,000
3 beds2.5 baths2,269 sq ft
4704 Plover St NE, Olympia, WA 98516
Brittany Cates • Engel & Volkers Snoqualmie Vly
$514,995
4 beds2.5 baths2,049 sq ft
9320 Stevens Ct NE, Lacey, WA 98516
Marcus Rothwell • eXp Realty
$470,000
3 beds2.5 baths2,227 sq ft
857 Westminster Dr NE, Lacey, WA 98516
Isaac Schaefer • Realty One Group Turn Key
See all

Provided by Redfin

Sale history for 4511 15th Ave NE

Date

Event

Price

Mar 8, 2018

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1196238

$230,000

$111/sq ft

Feb 8, 2018

Pending

NWMLS as Distributed by MLS Grid #1196238

—

Feb 1, 2018

Price Changed

NWMLS as Distributed by MLS Grid #1196238

$259,900

$126/sq ft

Sep 20, 2017

Listed (Active)

NWMLS as Distributed by MLS Grid #1196238

$279,900

$136/sq ft

Feb 28, 2008

Sold (MLS)

NWMLS as Distributed by MLS Grid #28016894

$145,000

$70/sq ft

Feb 6, 2008

Delisted

NWMLS as Distributed by MLS Grid #28016894

—

Jan 28, 2008

Listed

NWMLS as Distributed by MLS Grid #28016894

$190,000

$92/sq ft

Jun 21, 2007

Sold

Public Records

$145,000

$70/sq ft

Aug 4, 1992

Sold

Public Records

$66,500

$32/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,087 (+5.9%)

$250,000 + $234,600

$484,600

2025

$4,802 (+11.2%)

$250,000 + $234,600

$484,600

2024

$4,318 (+23.2%)

$242,500 + $213,700

$456,200

2023

$3,505 (+15.0%)

$223,900 + $221,500

$445,400

2022

$3,048 (−2.6%)

$179,700 + $182,300

$362,000

2021

$3,130 (+3.4%)

$103,600 + $153,400

$257,000

2020

$3,026 (+24.4%)

$82,000 + $164,200

$246,200

2019

$2,432 (−16.6%)

$114,400 + $132,800

$247,200

2018

$2,915 (+46.5%)

$97,100 + $116,200

$213,300

2017

$1,989 (−5.0%)

$97,100 + $116,200

$213,300

2016

$2,093 (−8.2%)

$38,500 + $114,300

$152,800

2015

$2,279 (+10.7%)

$46,900 + $115,100

$162,000

2014

$2,059 (−0.6%)

$46,900 + $112,900

$159,800

2013

$2,071 (−0.2%)

$46,900 + $112,900

$159,800

2012

$2,075 (−2.5%)

$46,900 + $106,000

$152,900

2011

$2,128 (+2.6%)

$60,750 + $106,800

$167,550

2010

$2,075 (−2.9%)

$60,750 + $128,300

$189,050

2009

$2,136

$65,450 + $139,700

$205,150

Tax history for 4511 15th Ave NE

Year

Property tax

Land + Additions

Assessment*

2026

$5,087 (+5.9%)

$250,000 + $234,600

$484,600

2025

$4,802 (+11.2%)

$250,000 + $234,600

$484,600

2024

$4,318 (+23.2%)

$242,500 + $213,700

$456,200

2023

$3,505 (+15.0%)

$223,900 + $221,500

$445,400

2022

$3,048 (−2.6%)

$179,700 + $182,300

$362,000

2021

$3,130 (+3.4%)

$103,600 + $153,400

$257,000

2020

$3,026 (+24.4%)

$82,000 + $164,200

$246,200

2019

$2,432 (−16.6%)

$114,400 + $132,800

$247,200

2018

$2,915 (+46.5%)

$97,100 + $116,200

$213,300

2017

$1,989 (−5.0%)

$97,100 + $116,200

$213,300

2016

$2,093 (−8.2%)

$38,500 + $114,300

$152,800

2015

$2,279 (+10.7%)

$46,900 + $115,100

$162,000

2014

$2,059 (−0.6%)

$46,900 + $112,900

$159,800

2013

$2,071 (−0.2%)

$46,900 + $112,900

$159,800

2012

$2,075 (−2.5%)

$46,900 + $106,000

$152,900

2011

$2,128 (+2.6%)

$60,750 + $106,800

$167,550

2010

$2,075 (−2.9%)

$60,750 + $128,300

$189,050

2009

$2,136

$65,450 + $139,700

$205,150

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

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,600 Sq. Ft.

Year renovated

1990

Sq. Ft.

2,064

Year built

1968

Style

Multi-Family (2-4 Unit)

County

Thurston County

APN

62160002801

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Moderate-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 areas of moderate density; Permit a greater variety of housing types than are permitted in the low density residential districts; Permit a higher density of development as a means of achieving more economical housing; Permit moderate density development along arterials and collectors as a means of achieving more opportunity for mass transit; Guide moderate density residential development to those areas where: Public sewers are in place prior to residential building construction, or Where sewers can be extended at minimal cost to the city, The Regional Transportation Plan designated moderate and high density transportation corridors to enhance and promote mass transit opportunities.; 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; Preserve within developments as much open space and related amenities as possible.

Permitted uses

Include but are not limited to:

Agriculture

Property details

Parking

Parking Information
Parking Uncovered Spaces: 4
Covered Spaces: 4
Open Parking Spaces: 4
Has Open Parking

Interior

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Flooring: Vinyl, Carpet

Multi-Family Financial Information
Insurance Expense: $610
Other Expense: $500
Net Operating Income: $13,549
Gross Adjusted Income: 17280
Gross Scheduled Income: $17,280
Total Monthly Income: 1440
Gross Rent Multiplier: 20
Total Expenses: 3731

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2

Exterior

Building Information
Construction Materials: Brick, Wood
Roof: Flat

Exterior Features
Exterior Features: Brick, Wood

Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Fair

Land Information
Possible Use: Multi-Family

Lot Information
MLS Lot Size Source: County
Site Features: Fenced-Partially
Lot Size Units: Square Feet
Lot Size Acres: 0.1515
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,133
Tax Year: 2017

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Water Company: City of Lacey
Power Company: Public
Sewer: Septic Tank
Sewer Company: Septic
Water Sewer Garbage: 488

Location

School Information
Elementary School: Pleasant Glade Elem
Middle Or Junior High School: Chinook Mid
High School: North Thurston High
High School District: North Thurston

Location Information
Directions: I-5, North on Sleater Kinney Rd NE, Right on 15th Ave NE, Duplex on the Right

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 2,064
Stories: 2.0
Lot Size: 6,600 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: 1990
County: Thurston County
APN: 62160002801

Home facts updated by county records on Jun 22, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2.5
Mls Status: Sold

Listing Date Information
On Market Date: Wednesday, September 20, 2017

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2064
Building Area Total: 2064
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Midway Sub
Structure Type: Duplex
Stories Total: 2

Around this home

Schools

Pleasant Glade Elementary School

Public PreK-5 • Assigned • 0.3mi

5/10

Chinook Middle School

Public 6-8 • Assigned • 0.3mi

5/10

North Thurston High School

Public 9-12 • Assigned • 0.5mi

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 – $627,000

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Marcus Rothwell • eXp Realty

Home values near 4511 15th Ave NE

Data from public records.

Address	Redfin Estimate
4507 15th Avenue Northeast, Lacey, WA 4 Beds \| 3 Baths \| 2064 Sq. Ft.	$507,751
4508 15th Avenue Northeast, Olympia, WA 3 Beds \| 1 Baths \| 1248 Sq. Ft.	$532,781

Address	Redfin Estimate
4515 15th Avenue Northeast #M, Lacey, WA 4 Beds \| 3 Baths \| 2064 Sq. Ft.	$724,714
4515 NE 15th Avenue, Lacey, WA - Beds \| - Baths \| 4128 Sq. Ft.	$829,966

Address	Redfin Estimate
4530 15th Avenue Northeast, Olympia, WA 2 Beds \| 1 Baths \| 1056 Sq. Ft.	$361,459
1310 Alonda Lane Northeast, Olympia, WA 2 Beds \| 1 Baths \| 900 Sq. Ft.	$52,067

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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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 4511 15th Ave NE

Tax history for 4511 15th Ave NE

Public record

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 4511 15th Ave NE

More real estate resources