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4986 Meriwood Drive NE, Lacey, WA, 98516

2beds
2baths
2,004sqft
$624,000
$311price/sqft
$3,964/moest. monthly cost
$158,560/yrincome needed

About This Home

Immaculate home in the Jubilee neighborhood. Beautiful 2 bedroom 2 bath house with fully manicured landscaping and privately fenced back yard. Community lodge with pool and work out facilities and golf course right next door! Spacious well kept home with full 2 car garage that boasts tool storage and cabinetry for storage. Gourmet kitchen with center island, gas oven and range, and serving bar on both sides. Full sound and electronic through out the house with local weather station electronics and television antennae for all the channels at no cost! Dues cover full front yard maintenance and rear is spacious patio area with water feature. Gorgeous trails and clean neighborhood.

Getting Around

0
WalkingCar-Dependent
15
TransitMinimal Transit
27
BikeSomewhat Bikeable

Schools

6/10
3/10
Salish Middle SchoolGrades 6-81.6 mi
4/10
River Ridge High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 2008

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 2008

Other

  • Builder name: Shea

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,004
  • Total interior livable area: 2,004 sqft

Property

Details

  • Parcel number: 52930118300
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 50 x 106

Parking

  • Total spaces: 420
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 420

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,155$37,860
Home Insurance *$145$1,740
Property Taxes $515$6,180
Electricity $149$1,793
Total$3,964$47,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,908/yr
40% on housing$118,920/yr
45% on housing$105,706/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 98516$299
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98516$300
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Price change$649,000
2026-02-10Price change$679,000
2026-01-06Listed for sale$699,000
2008-10-07Sold$436,717

For Sale by Agent

AgentArnold Mullinax
BrokeragePellego, Inc.

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