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1420 Magnolia St SE, Lacey, WA, 98503

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
3,376 SqFt
$193/SqFt
House

Location

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1420 Magnolia St SE, Lacey$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Year Built1956
HeatingBaseboard, Forced Air
CoolingNone
MLS #2299720
Lot Size0.38 Acres
StatusActive

About 1420 Magnolia St SE

Great cash flowing rental in Lacey minutes from I5. 6.6% cap rate! First time on the market since 1991 and fully rented. The main unit features 4 beds and 1.5 baths. W/D in unit, Dishwasher, and formal living space with fireplace and private yard. 4 bedroom and a upstairs with a 1/2 bath down. The 3 bedroom unit features w/d hookups and 3/4 bath. Plenty of parking and 2 car ports. Units are fully rented. 2 are on term leases and one is month to month.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 2
  • Living Area: 3,376 SqFt

Listing Office:

  • Office Name: Windermere Prof Partners
  • Office Phone: (253) 565-1189
  • Listing Agent: Mark DePaul

Exterior Features

Exterior Information:

  • Exterior: Metal/Vinyl

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: South on Sleater Kinney. Right on 16th Ave SE. Right on Magnolia St SE. House is to your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $4,767
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lacey, WA.

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Lacey, WA

City

Med. Sold Price

$495K

Med. Price/SqFt

$280

Avg. Days On Market

31

# of Sold Homes

81

1420 Magnolia St SE vs Lacey

43 DAYS ON ROCKET

+12 Days

$650,000

+$155K More

$193/SqFt

-$88 Less

KEY TAKEAWAY

This property is $155K more than the Median Sold Price and $88/SqFt less than other homes in Lacey, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2299720

Listing Office:

  • Office Name: Windermere Prof Partners
  • Office Phone: (253) 565-1189
  • Listing Agent: Mark DePaul

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:47:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 18, 1991Home Sold
$133,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,767$380,700
2019$3,385$357,300
2018$2,608$308,400
2017$2,075$193,200

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-245108
5
/10

  • Mountain View Elementary School

  • 1900 College St SE

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-245109
7
/10

  • McKenny Elementary School

  • 3250 Morse Merryman Rd SE

  • 1.36 miles

  • Public District Grades PK-5

school-card-donut-245110
4
/10

  • Lacey Elementary School

  • 1800 Homann Dr SE

  • 1.54 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,015. The majority of Lacey, WA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lacey, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lacey, WA?

Lacey's housing market is diverse, offering a range of options from single-family homes to multi-family units like apartments and townhouses. The architectural styles vary, with a mix of contemporary and traditional designs. Single-family homes are prevalent, reflecting the area's family-friendly atmosphere. The housing stock includes both established properties and new developments, catering to a variety of preferences and budgets.

Is Lacey, WA a good place to live?

Lacey is celebrated for its community-oriented atmosphere and natural beauty, with numerous parks and green spaces that enhance the quality of life for its residents. The city prides itself on a blend of urban and suburban elements, providing a peaceful living environment while still offering the conveniences of a larger city. Annual events and festivals reflect the community's engagement and diverse cultural heritage.

Are things conveniently located in Lacey, WA?

The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare services are accessible, with clinics and a hospital that provide a range of medical services. Lacey also features a public library system and a variety of shopping and dining options that reflect the local culture. The city is attentive to the evolving needs of its residents, with initiatives aimed at enhancing service provision.

What does the transportation in Lacey, WA look like?

Lacey's transportation infrastructure supports both private and public transit options, with bus services connecting various parts of the city. The area's road network facilitates easy access to nearby cities and amenities. While some neighborhoods are more walkable and bike-friendly than others, efforts are being made to improve pedestrian and cyclist infrastructure across the city. Ride-sharing services are available, providing additional transportation options for residents.

Frequently Asked Questions About 1420 Magnolia St SE

What is the listing price of this property?

The listing price of 1420 Magnolia St SE property is $650,000.

What type of property is this?

The property 1420 Magnolia St SE is a house located in Lacey, Washington, 98503.

Is this property for sale now?

Active Listing: 1420 Magnolia St SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,767 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 18, 1991 for $133,500. (source: MLS/tax record).

What is the square footage of this property?

The property 1420 Magnolia St SE is 3,376 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1420 Magnolia St SE is 1956.

Rocket Homes›Washington›Thurston County›Lacey›98503›1420 Magnolia St SE

This home is located at 1420 Magnolia St SE in Lacey, WA and zip code 98503. This 3,376 square foot home, which was built in 1956, sits on a 0.38 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $650,000.

Lacey, WA housing market in October 2024 saw over 19 listings sold above listed price, more than 30 sold at listed price and over 32 sold below. The inventory of homes for sale in Lacey, WA between September 2024 and October 2024 increased by 7%. The median list price of listings available in October 2024 was $495,000, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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