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7116 Holmes Island Rd

Lacey, WA 98503

2 bd 3 ba 2,303 sqft Built 1987 Lot 8,438 sqft single_family
Most recent sale
$845,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $845,000 MLS #1966060
Jul 15, 2022 Listed $795,000 MLS #1966060
Jun 28, 2010 Sold $357,977 Public Record
Apr 30, 2010 Listed $375,000 MLS #64267

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $331,000 $365,500 $696,500 $7,625
2025 $331,000 $365,500 $696,500 $7,336
2024 $333,400 $293,200 $626,600 $6,358
2023 $383,500 $216,200 $599,700 $6,145
2022 $256,400 $210,500 $466,900 $5,797
2021 $256,400 $210,500 $466,900 $5,526
2020 $202,100 $212,400 $414,500 $4,798
2019 $195,800 $174,500 $370,300 $4,716
2018 $227,600 $173,500 $401,100 $5,171
2017 $212,100 $147,400 $359,500 $4,772
2016 $206,100 $139,050 $345,150 $4,493
2015 $189,400 $137,150 $326,550 $4,495
2014 $181,100 $137,150 $318,250 $4,287
2013 $180,200 $131,900 $312,100 $3,792
2012 $141,800 $118,450 $260,250 $4,050
2011 $160,600 $144,000 $304,600 $3,897
2010 $163,000 $156,750 $319,750 $4,019
2008 $191,900 $187,700 $379,600 $4,270
2007 $212,100 $193,200 $405,300 $3,487

Property facts

Year built
1987
Property type
single_family
Stories
Beds
2
Baths
3
Living area
2,303 sqft
Lot size
8,438 sqft
ZIP code
98503
City
Lacey
Street
Holmes Island Rd
Coordinates
47.02695, -122.78633

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,297
Gross rental yield
7.52%
Implied cap rate
4.89%
Trend-extrapolated value

Frequently asked questions

When did 7116 Holmes Island Rd last sell?
7116 Holmes Island Rd most recently sold on Aug 12, 2022 for $845,000.
What is the current tax assessment for 7116 Holmes Island Rd?
The most recent total assessment for 7116 Holmes Island Rd (year 2026) is $696,500 with $7,625 in property tax.
How does 7116 Holmes Island Rd's assessment compare to its last sale price?
The current assessment is 17.6% below the last sale price of $845,000.
When was 7116 Holmes Island Rd built?
7116 Holmes Island Rd was built in 1987.
How does 7116 Holmes Island Rd compare to others on Holmes Island Rd?
We track 3 other properties on Holmes Island Rd. Browse the list under "Other properties on Holmes Island Rd" to compare beds, baths, and sale history.
What are the property facts for 7116 Holmes Island Rd?
7116 Holmes Island Rd is a 2 bed, 3 bath, 2,303 sqft, 8,438 sqft lot single_family.
Is 7116 Holmes Island Rd a flip candidate?
No — 7116 Holmes Island Rd does not appear in our flips dataset.
Is 7116 Holmes Island Rd a tax-appeal candidate?
No — 7116 Holmes Island Rd 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
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$519.5K
2026 Q4
$524.1K
ZIP 98503 — Median Price History + Forecast

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