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← Back to search results/Lacey, WA/1616 Alder Street SE
1 / 36SOLD AUG 28, 2026
Listed by Lucas Graham • Keller Williams South Sound. Buyer represented by John L. Scott, Inc..
SOLD AUG 28, 2026

$487,500

3 bd•2 ba•1,385 sq ft

1616 Alder Street SE, Lacey, WA 98503

• Listed May 22, 2026

RexMont Market Signal for 1616 Alder Street SE

Sold price on record

RexMont Market Signal $487,500

Closed sale price · as of August 28, 2026, the day it sold.

Market Signal since the sale

$491,791

Likely $409,730 – $560,307 · solid read · as of October 1, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

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Listing Broker: Keller Williams South Sound; Lucas Graham; 360-485-3312; lucas@grahamrealtygp.com

Buyer Broker: John L. Scott, Inc.

About this home

Welcome to this beautifully updated and meticulously maintained home in the heart of Lacey! This charming 3 bed / 2 bath property is the perfect combination of modern updates and comfortable living, offering everything today's buyer is looking for. From the moment you step inside, the care and attention to detail put into this home is evident in every corner. The updated kitchen is a true highlight, featuring a spacious island perfect for meal prep and casual dining, along with brand new appliances that make cooking a pleasure. Throughout the home you will find thoughtful updates and quality finishes that reflect the pride of ownership this property has enjoyed for years. The water heater has also been recently replaced, giving buyers added peace of mind from day one. Step outside and discover your own backyard paradise. A generous lot provides plenty of open green space, while the fantastic deck is perfect for morning coffee or weekend entertaining. Gather around the fire pit on cool Pacific Northwest evenings and enjoy the outdoors year round. The location truly cannot be beat. Situated in a prime Lacey neighborhood, this home offers quick and easy access to shopping, dining, and entertainment. Commuters will love the convenient proximity to JBLM, making daily travel a breeze. Downtown Olympia is just minutes away, offering even more dining, culture, and recreation options. Do not miss this incredible opportunity. Schedule your showing today!

Property type
Single Family
Year built
1976
Interior
1,385 sq ft
Lot size
0.2369 acres
Parking
2-car garage
Price / sq ft
$352
HeatingForced Air
CoolingNone
Property taxes$4,805/yr (est.)
School districtNorth Thurston

Listed by Lucas Graham • Keller Williams South Sound

Listing updated: September 28, 2026 at 04:04am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2527952

Around this home

Property details

Interior features

  • Bath Off Primary
  • Ceiling Fan(s)
  • Dbl Pane/Storm Window
  • Fireplace
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • 1 Story
  • 1,385 sq ft finished
  • 396 sq ft garage

Flooring

  • Vinyl Plank

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

North Thurston School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot dimensions
75x135' +/-
Topography
Level,Partial Slope
Vegetation
Garden Space
Lot number
10
Zoning code
LD
Zoning jurisdiction
City
Faces
West
Bus route
76

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Power company
Puget Sound Energy
Water company
City of Lacey
Sewer company
City of Lacey
Garbage service
LeMays
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
2
Fireplaces on main
1

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 1616 Alder Street SE

NWMLS via MLS Grid · Thurston County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Aug 28, 2026
    Sold
    NWMLS via MLS Grid · #2527952
    $487,500
    $352/sq ft
  2. Aug 5, 2026
    Pending
    NWMLS via MLS Grid · #2527952
    $487,500
    $352/sq ft
  3. Aug 5, 2026
    Price reduced
    NWMLS via MLS Grid · #2527952
    $487,500
    $352/sq ft
  4. May 22, 2026
    Listed
    NWMLS via MLS Grid · #2527952
    $495,000
    $357/sq ft
  5. Jan 21, 2020
    Sold
    NWMLS via MLS Grid · #1547367
    $322,500
    $233/sq ft
  6. Dec 15, 2019
    Pending
    NWMLS via MLS Grid · #1547367
    $318,500
    $230/sq ft

Market pulse

Lacey is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 60 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $420,000 Sold

    2 days ago

    3 bd•1.75 ba•~1,672 sq ft•Single Family

    4543 19th Avenue SE, Lacey, WA 98503

    11%

    Under list

    43

    Days on market

    0.5 mi

    Distance

  • $410,000 Sold

    2 weeks ago

    3 bd•1 ba•~1,040 sq ft•Single Family

    5012 19th Avenue SE, Lacey, WA 98503

    0%

    Over list

    71

    Days on market

    0.2 mi

    Distance

  • $1,250,000 Sold

    2 weeks ago

    •Single Family

    1214 Hall Street SE #A&B, Lacey, WA 98503

    4%

    Under list

    125

    Days on market

    0.9 mi

    Distance

  • $460,000 Sold

    4 weeks ago

    3 bd•1.5 ba•~1,518 sq ft•Single Family

    4914 24th Avenue SE, Lacey, WA 98503

    1%

    Over list

    83

    Days on market

    0.5 mi

    Distance

  • $440,000 Sold

    7 weeks ago

    3 bd•2 ba•~1,847 sq ft•Single Family

    4514 24th Avenue SE, Lacey, WA 98503

    0%

    Over list

    71

    Days on market

    0.7 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 25, 2026 at 9:05 PM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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