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4200 Kapalea Way

Lacey, WA 98503

3 bd 2 ba 1,286 sqft Built 1996 Lot 6,092 sqft single_family
Most recent sale
$435,000
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2022 Sold $435,000 MLS #1896064
Mar 4, 2022 Listed $399,950 MLS #1896064
Apr 28, 2004 Sold $164,900 Public Record
Jan 28, 2000 Sold $119,900 Public Record
Mar 14, 1997 Sold $113,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $302,800 $141,500 $444,300 $4,627
2025 $302,800 $141,500 $444,300 $4,399
2024 $289,500 $115,500 $405,000 $3,889
2023 $311,600 $80,800 $392,400 $3,751
2022 $239,000 $88,500 $327,500 $3,824
2021 $239,000 $88,500 $327,500 $3,331
2020 $183,600 $82,000 $265,600 $3,007
2019 $178,100 $70,900 $249,000 $2,197
2018 $128,100 $71,500 $199,600 $2,402
2017 $127,300 $50,700 $178,000 $2,235
2016 $128,900 $45,400 $174,300 $2,154
2015 $117,800 $51,050 $168,850 $2,100
2014 $117,200 $42,450 $159,650 $1,925
2013 $112,800 $38,350 $151,150 $1,953
2012 $104,900 $41,000 $145,900 $1,959
2011 $109,700 $50,350 $160,050 $2,024
2010 $120,700 $61,100 $181,800 $1,766
2008 $134,000 $69,750 $203,750 $2,159
2007 $150,300 $71,900 $222,200 $1,903

Property facts

Year built
1996
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,286 sqft
Lot size
6,092 sqft
ZIP code
98503
City
Lacey
Street
Kapalea Way
Coordinates
47.01055, -122.82922

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,958
Gross rental yield
8.16%
Implied cap rate
5.30%
Trend-extrapolated value

Frequently asked questions

When did 4200 Kapalea Way last sell?
4200 Kapalea Way most recently sold on Mar 28, 2022 for $435,000.
What is the current tax assessment for 4200 Kapalea Way?
The most recent total assessment for 4200 Kapalea Way (year 2026) is $444,300 with $4,627 in property tax.
How does 4200 Kapalea Way's assessment compare to its last sale price?
The current assessment is 2.1% above the last sale price of $435,000.
When was 4200 Kapalea Way built?
4200 Kapalea Way was built in 1996.
How does 4200 Kapalea Way compare to others on Kapalea Way?
We track 8 other properties on Kapalea Way. Browse the list under "Other properties on Kapalea Way" to compare beds, baths, and sale history.
What are the property facts for 4200 Kapalea Way?
4200 Kapalea Way is a 3 bed, 2 bath, 1,286 sqft, 6,092 sqft lot single_family.
Is 4200 Kapalea Way a flip candidate?
No — 4200 Kapalea Way does not appear in our flips dataset.
Is 4200 Kapalea Way a tax-appeal candidate?
No — 4200 Kapalea Way 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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