Context map of 5032 SKYLARK ST NE, LACEY, WA, 98516 with nearby amenities

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5032 SKYLARK ST NE, LACEY, WA, 98516

Olympia, WA, 98516

At a Glance

B+88/100
📍Location Check

Some amenities nearby, but not everything

A few essentials within reach, though some errands will require more of a drive.

🏠 Location checks out — nothing that would scare a buyer off, but nothing that jumps out as a premium either.

💰Price Check

Looks in range for the area

In line with 25 recent comparable sales nearby.

🏠 The numbers are in the ballpark, but the real answer is in the details that public data can't capture — condition, upgrades, and what a walk-through reveals.

📊Market Demand

Low vacancy, high homeownership

low vacancy (3%) — relatively strong demand signals for this ZIP.

🏠 Homes are sitting longer than usual here — 62.82 days average. Pricing accuracy and presentation matter even more in this market.

🌿Environmental Risk

No major environmental concerns identified

Minimal flood risk, no Superfund or toxic release sites flagged in this area.

🏠 No major environmental red flags — that's one less thing to worry about. Always good to see a clean environmental picture.

🏠Property Fit

Appears typical for the area

Nothing about this property stands out as unusual based on available data.

🏠 The property specs look typical for the area — nothing that would make it unusually hard to comp or sell.

What to Verify Next

  • Confirm permit history with the county
  • Verify school assignment boundaries with the district
  • Review recent nearby closed sales
  • Ask about prior water intrusion or foundation issues

Price Check

$541,000

Based on limited comparable sales — verify with a local CMA

Based on 8 recent comparable sales nearby

LowEstimatedHigh
$487,000$595,000

What Stands Out

Watch List

Confidence Signals

Market Context

Median Home Value (ZIP)$474,800
Median Household Income$89,378
Income vs National1.2x national average
Estimated Monthly Mortgage$2,401/mo (est. 6.5%, 20% down)
Owner-Occupied70%
Renter-Occupied30%
Vacancy Rate3%

Risk & Safety

B+
FEMA Flood ZoneZone X — Minimal flood risk
Radon RiskZone 2 — Moderate risk, testing advisable

Schools & Education

Assigned School DistrictNorth Thurston Public Schools

School assignment may vary — confirm with the district directly

Nearby Public Schools

Salish Middle School1.9 mi
South Bay Elementary2.9 mi
Olympic View Elementary3.1 mi
River Ridge High School3.6 mi
Pleasant Glade Elementary3.6 mi

Nearby Private Schools

NORTHWEST CHRISTIAN ACADEMY4.1 mi
NORTHWEST CHRISTIAN HIGH SCHOOL4.2 mi
FAITH LUTHERAN SCHOOL4.4 mi
FAITH LUTHERAN SCHOOL4.4 mi
POPE JOHN PAUL II HIGH SCHOOL4.8 mi

Nearby Colleges & Universities

Saint Martin's University4.7 mi
The Evergreen State College9.4 mi
University of Puget Sound17.7 mi
University of Washington Tacoma18.7 mi
Highline College29.8 mi

Location Check

C+
Nearby AmenitiesData temporarily unavailable — re-run report for full results

Environmental Risk

A-
Air Quality (AQI)AQI 59 — Moderate
Superfund Sites in ZIPNone — Clean
Toxic Release FacilitiesNone — Clean
Elevation227 ft above sea level
Solar Potential3.4 kWh/m²/day avg

Neighborhood

MunicipalityOlympia
Population (ZIP)27,212
Median Age39.3 years
CountyThurston County

Market Snapshot — ZIP 98516

Recent market data for this ZIP code

$575,000

Median Sale Price (ZIP)

$2,395/mo

Median Rent

62.82 days

Avg Days on Market

164

Active Listings

Property DetailsTax, construction, utilities & more

Elevation227 ft
Solar Potential (GHI)3.4 kWh/m²/day
CountyThurston County
MunicipalityOlympia

Recent Comparable Sales (25)

Median $/SqFt: $285
Avg $/SqFt: $276

Based on 25 recent comparable sales with verified price and size data.

4328 VASHON DR NE, LACEY, WA 98516

2 bed · 2 bath · 2,604 sqft · Built 2006

$800,000

$307/sqftSold Oct 2025

5147 HERRON ST NE, LACEY, WA 98516

2 bed · 2 bath · 2,135 sqft · Built 2016

$526,474

$247/sqftSold Oct 2025

4956 CYPRESS DR NE, LACEY, WA 98516

2 bed · 1 bath · 1,260 sqft · Built 2008

$400,000

$317/sqftSold Oct 2025

4201 MCKINLEY ST NE, LACEY, WA 98516

3 bed · 2 bath · 1,928 sqft · Built 2005

$480,000

$249/sqftSold Oct 2025

8139 57TH LN NE, OLYMPIA, WA 98516

3 bed · 2 bath · 3,014 sqft · Built 2015

$139,719

$46/sqftSold Oct 2025

7541 DENALI AVE NE, LACEY, WA 98516

2 bed · 1 bath · 1,668 sqft · Built 2008

$450,000

$270/sqftSold Oct 2025

4442 FREEMONT ST NE, LACEY, WA 98516

3 bed · 2 bath · 2,173 sqft · Built 2008

$530,000

$244/sqftSold Sep 2025

4972 SPOKANE ST NE, LACEY, WA 98516

2 bed · 2 bath · 2,202 sqft · Built 2007

$745,000

$338/sqftSold Sep 2025

8315 VASHON DR NE, LACEY, WA 98516

2 bed · 1 bath · 1,701 sqft · Built 2007

$600,000

$353/sqftSold Sep 2025

7615 TRADITIONS AVE NE, LACEY, WA 98516

4 bed · 3 bath · 3,152 sqft · Built 2006

$615,900

$195/sqftSold Sep 2025

4826 BEND DR NE, LACEY, WA 98516

2 bed · 1 bath · 1,483 sqft · Built 2006

$521,500

$352/sqftSold Sep 2025

5000 CYPRESS LOOP NE, LACEY, WA 98516

2 bed · 2 bath · 1,587 sqft · Built 2008

$535,000

$337/sqftSold Sep 2025

4100 CASHMERE DR NE, LACEY, WA 98516

4 bed · 2 bath · 3,360 sqft · Built 2007

$651,500

$194/sqftSold Sep 2025

4301 MCKINLEY ST NE, LACEY, WA 98516

3 bed · 2 bath · 1,509 sqft · Built 2005

$455,000

$302/sqftSold Sep 2025

4336 CASHMERE DR NE, LACEY, WA 98516

5 bed · 2 bath · 2,966 sqft · Built 2010

$667,000

$225/sqftSold Sep 2025

8235 RIDGEFIELD AVE NE, LACEY, WA 98516

2 bed · 2 bath · 1,525 sqft · Built 2014

$550,000

$361/sqftSold Sep 2025

8247 RIDGEFIELD AVE NE, LACEY, WA 98516

2 bed · 2 bath · 1,922 sqft · Built 2012

$387,900

$202/sqftSold Aug 2025

4444 EDGEWATER BLVD NE, LACEY, WA 98516

3 bed · 2 bath · 2,030 sqft · Built 2011

$499,900

$246/sqftSold Aug 2025

4212 EDGEWATER BLVD NE, LACEY, WA 98516

3 bed · 2 bath · 1,509 sqft · Built 2005

$430,000

$285/sqftSold Aug 2025

4921 SKYLARK ST NE, LACEY, WA 98516

4 bed · 2 bath · 2,646 sqft · Built 2017

$870,000

$329/sqftSold Aug 2025

8419 ORCAS LOOP NE, LACEY, WA 98516

2 bed · 1 bath · 1,732 sqft · Built 2016

$725,000

$419/sqftSold Aug 2025

4827 ORCAS ST NE, LACEY, WA 98516

2 bed · 1 bath · 1,947 sqft · Built 2013

$760,000

$390/sqftSold Aug 2025

4521 MCKINLEY ST NE, LACEY, WA 98516

3 bed · 2 bath · 1,771 sqft · Built 2011

$450,000

$254/sqftSold Aug 2025

8025 COLUMBIA WAY NE, LACEY, WA 98516

2 bed · 2 bath · 2,389 sqft · Built 2006

$757,500

$317/sqftSold Aug 2025

4526 EDGEWATER BLVD NE, LACEY, WA 98516

3 bed · 2 bath · 1,771 sqft · Built 2011

$220,000

$124/sqftSold Aug 2025

Sale History

April 25, 2022

WD

$865,000

Construction & Features

Roof: Composition Shingle
Foundation: Poured Concrete
Exterior: Rock/Stone
Garage: Yes (Built-In), 5 spaces
Pool: No
Fireplace: Yes (2)
Stories: 2

Tax & Assessment

$768,900

County Market Value (2023)

$768,900

Assessed Value (2025)

$7,514.36/yr

Annual Property Tax (2025)

Building: $604,600 · Land: $164,300

Ownership & Liens

Owner: KIM, JIN YOUNG; KIM, CHRISTA DANIELLE
Owned since: April 2022
Lender: FAIRWAY INDEPENDENT MORTGAGE CORP
Liens: 1 ($469,505)
Est. equity: $417,214
🏆

What Stands Out

This property at 5032 SKYLARK ST NE, LACEY, WA, 98516 received an overall grade of B+.

💪 Working in Your Favor

  • Minimal flood risk (Zone X)
  • No Superfund or toxic release sites in this ZIP
  • Median household income $89,378 in this ZIP
  • Low vacancy rate (3%) in this ZIP
  • North Thurston Public Schools school district
  • Located in Olympia

👁️ Worth Checking

  • Radon Zone 2 — moderate risk, testing advisable

Agent's Comments

From the mind of a top producing real estate agent

This is just a range of potential value — $487K to $595K. We had limited comparable sales to work with, so treat this as a strong starting point — not a final answer. If the property needs a lot of work, it would sit at the lower end — and we can position it for a cash investor. If it has all the upgrades — new kitchen, updated baths, hardwood floors, a screened-in porch, pool, or other features we can't see in this report — it could push the value well above this range. That's what a walk-through tells us that the data can't.

This commentary is generated from public data and comparable sales — not a formal appraisal. A walk-through and local agent analysis are always recommended.

Your Market Snapshot

Based on 25 recent comparable sales nearby, the estimated market value comes in around $541,000. Comparable homes in the area are trading at a median of $285 per square foot.

Looking at the broader market, Homes in ZIP 98516 are sitting on the market longer than usual, averaging 63 days, and the median sale price sits at $575K.

Worth noting: moderate radon risk. On the positive side, minimal flood risk.

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Real Home Intel AI may make mistakes. Verify important information independently.

This is not an appraisal. Data sourced from public records and verified APIs.

Grades reflect environmental data, infrastructure, and public services. They do not reflect or consider the demographic composition of any area.

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Data sourced from U.S. Census Bureau, FEMA, EPA AirNow, EPA Envirofacts, NCES, USGS, NREL, HUD, FCC, NOAA, EIA, Walk Score, RentCast, OpenStreetMap, Census Geocoder, Realie.Report generated 4/16/2026.

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