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5406 Balustrade Blvd

Lacey, WA 98513

4 bd 3 ba 1,886 sqft Built 2006 Lot 4,434 sqft single_family
Most recent sale
$525,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2026 Sold $520,000 NWMLS
Apr 16, 2026 Listed $515,000 NWMLS
Apr 6, 2022 Sold $525,000 MLS #1901376
Mar 18, 2022 Listed $465,000 MLS #1901376
Jul 12, 2019 Sold $311,950 MLS #1458191
Jun 22, 2019 Relisted $309,950 MLS #1458191
May 23, 2019 Listed $309,950 MLS #1458191
Oct 16, 2015 Listing removed $254,950 NWMLS
Jul 27, 2006 Sold $236,966 Public Record
Mar 22, 2006 Listed $254,950 MLS #26041423

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $371,300 $118,100 $489,400 $5,074
2025 $371,300 $118,100 $489,400 $4,768
2024 $340,400 $94,800 $435,200 $4,162
2023 $360,800 $56,500 $417,300 $3,972
2022 $265,100 $58,600 $323,700 $3,767
2021 $216,000 $61,700 $277,700 $3,469
2020 $218,400 $50,600 $269,000 $3,235
2019 $202,400 $48,400 $250,800 $2,744
2018 $193,700 $39,600 $233,300 $3,132
2017 $174,200 $39,500 $213,700 $2,724
2016 $165,900 $38,550 $204,450 $2,592
2015 $155,400 $36,900 $192,300 $2,514
2014 $155,400 $36,050 $191,450 $2,422
2013 $148,300 $33,300 $181,600 $2,414
2012 $148,300 $33,300 $181,600 $2,397
2011 $150,400 $46,600 $197,000 $2,367
2010 $157,900 $55,900 $213,800 $2,222
2008 $174,600 $64,550 $239,150 $2,351
2007 $176,700 $66,550 $243,250 $2,422

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,886 sqft
Lot size
4,434 sqft
ZIP code
98513
City
Lacey
Street
Balustrade Blvd
Coordinates
46.98662, -122.81311

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,338
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 5406 Balustrade Blvd last sell?
5406 Balustrade Blvd most recently sold on Apr 6, 2022 for $525,000.
What is the current tax assessment for 5406 Balustrade Blvd?
The most recent total assessment for 5406 Balustrade Blvd (year 2026) is $489,400 with $5,074 in property tax.
How does 5406 Balustrade Blvd's assessment compare to its last sale price?
The current assessment is 6.8% below the last sale price of $525,000.
When was 5406 Balustrade Blvd built?
5406 Balustrade Blvd was built in 2006.
How does 5406 Balustrade Blvd compare to others on Balustrade Blvd?
We track 8 other properties on Balustrade Blvd. Browse the list under "Other properties on Balustrade Blvd" to compare beds, baths, and sale history.
What are the property facts for 5406 Balustrade Blvd?
5406 Balustrade Blvd is a 4 bed, 3 bath, 1,886 sqft, 4,434 sqft lot single_family.
Is 5406 Balustrade Blvd a flip candidate?
No — 5406 Balustrade Blvd does not appear in our flips dataset.
Is 5406 Balustrade Blvd a tax-appeal candidate?
No — 5406 Balustrade Blvd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$508.5K
2026 Q4
$511K
ZIP 98513 — Median Price History + Forecast

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