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7435 Mullen Rd

Lacey, WA 98503

4 bd 2 ba 2,016 sqft Built 1970 Lot 13,271 sqft multi_family
Most recent sale
$325,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2023 Sold $580,000 Public Record
Oct 7, 2022 Sold $325,000 MLS #1943718
Jul 16, 2022 Price changed $380,000 MLS #1943718
Jun 2, 2022 Listed $390,000 MLS #1943718
Jan 27, 2000 Sold $99,950 Public Record
Sep 11, 1990 Sold $76,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $325,300 $255,000 $580,300 $6,015
2025 $325,300 $255,000 $580,300 $5,409
2024 $338,000 $208,100 $546,100 $5,220
2023 $165,600 $140,100 $305,700 $2,913
2022 $141,200 $100,400 $241,600 $2,814
2021 $141,200 $100,400 $241,600 $3,082
2020 $156,000 $90,600 $246,600 $2,896
2019 $129,700 $111,000 $240,700 $2,158
2018 $134,500 $62,500 $197,000 $2,630
2017 $120,700 $75,100 $195,800 $2,097
2016 $117,500 $46,750 $164,250 $2,023
2015 $99,100 $60,250 $159,350 $1,893
2014 $78,600 $65,950 $144,550 $1,796
2013 $75,800 $65,950 $141,750 $1,770
2012 $67,000 $65,950 $132,950 $2,073
2011 $122,400 $47,900 $170,300 $2,180
2010 $134,000 $62,850 $196,850 $2,213
2008 $158,900 $78,150 $237,050 $2,257
2007 $161,600 $71,850 $233,450 $2,324

Property facts

Year built
1970
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
2,016 sqft
Lot size
13,271 sqft
ZIP code
98503
City
Lacey
Street
Mullen Rd
Coordinates
47.00529, -122.78121

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
$1,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7435 Mullen Rd last sell?
7435 Mullen Rd most recently sold on Oct 7, 2022 for $325,000.
What is the current tax assessment for 7435 Mullen Rd?
The most recent total assessment for 7435 Mullen Rd (year 2026) is $580,300 with $6,015 in property tax.
How does 7435 Mullen Rd's assessment compare to its last sale price?
The current assessment is 78.6% above the last sale price of $325,000.
When was 7435 Mullen Rd built?
7435 Mullen Rd was built in 1970.
How does 7435 Mullen Rd compare to others on Mullen Rd?
We track 6 other properties on Mullen Rd. Browse the list under "Other properties on Mullen Rd" to compare beds, baths, and sale history.
What are the property facts for 7435 Mullen Rd?
7435 Mullen Rd is a 4 bed, 2 bath, 2,016 sqft, 13,271 sqft lot multi_family.
Is 7435 Mullen Rd a flip candidate?
Yes — 7435 Mullen Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7435 Mullen Rd a tax-appeal candidate?
No — 7435 Mullen 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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