Listed by KW North Sound
NOT LISTED FOR SALE

5491 Park Place Loop SE Lacey, WA 98503

Horizons Neighborhood

Estimated Value: $538,395 - $584,000

3 Beds
2.5 Baths
2,162 Sq Ft
$260/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $492,500 $228 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,386/month

Highlights

  • Craftsman Architecture
  • Property is near public transit
  • 1 Fireplace
  • Timberline High School Rated A-
  • Territorial View
  • 4-minute walk to Rainier Vista Community Park

About This Home

As of January 2022

Large Lacey home on a nice sized corner lot! This 3 bedroom, 2.5 bath home offers recent fresh interior and exterior paint, an open spacious floor plan with a cozy through and through gas fireplace from formal living room into the family room, plenty of kitchen cabinet space, bar seating - equipped with a Vivid Home Security! Completely fenced private back yard w/ huge aggregate patio space, perfect for entertaining, Huge outdoor shed and plenty of room to modify the side yard for RV parking! Close to JBLM, local parks, schools shopping and more! Investor alert, Ms. Seller is willing to do lease back!

Last Agent to Sell the Property

Frances Drake

KW North Sound License #106406 Listed on: 11/10/2021

KW North Sound

Co-Listed By

Vicki Berry

Keller Williams South Sound License #125593

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1863635

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1996

Lot Details

  • 7,338 Sq Ft Lot
  • Cul-De-Sac
  • Southeast Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Property is in good condition

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,162 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • Park Place HOA
  • Secondary HOA Phone (253) 985-3812
  • Lacey Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 67680009000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,054

Year Built

Built in 1996

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1996
  • Inclusions: Dishwasher,GarbageDisposal,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Park Place
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2162
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Other, Vinyl, Carpet
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Security System, Walk-In Closet(s), Water Heater
  • Living Area: 2162
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2162
  • SquareFootageUnfinished: 440
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southeast
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump,Insert
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Phone: 253-985-3812
  • Association: Yes
  • AssociationContactName: Park Place HOA

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 67680009000
  • Topography: Level
  • Lot Size Acres: 0.1685
  • Lot Size Sq Ft: 7338
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2054

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 17, 2022
Sold by
Boudavong and Kristi
Bought by
King Chad
Seller's Agent
Frances Drake
KW North Sound
List Price
$492,500
Sold Price
$492,500
Current Estimated Value
$562,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,849
Avg. Annual Appreciation
3.62%
Original Mortgage
$503,827
Outstanding Balance
$465,004
Interest Rate
3.22%
Mortgage Type
VA
Estimated Equity
$97,345

Purchase Details

Closed on
Dec 4, 2020
Sold by
Boudavong David
Bought by
Boudavong David and Boudavong Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,900
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2019
Sold by
Boudavong Kristi
Bought by
Boudavong David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2006
Sold by
Harte Remel L
Bought by
Fluetsch Shannon R and Diamond Vickie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 1996
Sold by
Gemini Development Corp
Bought by
Harte Billy and Harte Remel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,300
Interest Rate
7.05%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Chad $492,500 Stewart Title
Boudavong David -- Fatco
Boudavong David -- Chicago Title Co
Boudavong David $314,900 Chicago Title Co Of Washin G
Fluetsch Shannon R $299,500 Thurston County Title
Harte Billy $169,950 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Chad $503,827
Previous Owner Boudavong David $307,900
Previous Owner Boudavong David $299,250
Previous Owner Fluetsch Shannon R $239,600
Previous Owner Harte Billy $173,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $492,500 0.0% $228 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $492,500 0.0% $228 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $492,500 -- $228 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,492 $504,800 $136,100 $368,700
2023 $4,492 $469,800 $118,500 $351,300
2022 $4,661 $476,600 $81,200 $395,400
2021 $4,108 $400,700 $100,600 $300,100
2020 $3,726 $328,900 $96,500 $232,400
2019 $3,611 $309,900 $89,700 $220,200
2018 $4,051 $301,800 $75,200 $226,600
2017 $3,603 $282,800 $68,300 $214,500
2016 $3,311 $257,550 $63,750 $193,800
2014 -- $253,350 $63,750 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1863635

Northwest Multiple Listing Service (NWMLS)

APN: 67680009000