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Single Family ResidenceResidential
$346,245$210 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 81How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $350,000 on Jul 8, 2020

5438 BALUSTRADE BLVD SE

LACEY, WA 98513
3
Beds
3 / 1
Baths
1,646 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3,920 ft²
Lot SizeThe size of the land the home sits on, from county records.
2006
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$346K
$280K low$413K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$350,000 · Jul 8, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$11 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$429,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$110,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$319,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$403,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$429,600

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.8
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
21
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
13
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Level
CountyThurston
Lot (acres)The size of the land the home sits on, from county records.0.09
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 120 ft²Porch · 44 ft²

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Horizons Elementary SchoolB-
Elementary · Grades KG–5 · 0.5 mi
H
Timberline High SchoolB-
High · Grades 9–12 · 1.6 mi
M
Komachin Middle SchoolB
Middle · Grades 6–8 · 2.1 mi

District: North Thurston Public Schools

Neighborhood · ZIP 98513These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.79
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.238

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.37,587
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.582 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$97,454
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,233
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.36%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5438 Balustrade Blvd Se measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 91% of homes in Olympia 98513
  • Costs less per square foot than 85% of homes in Thurston County
  • Has a smaller lot than 95% of homes in Thurston County
  • Newer than 80% of homes in Thurston County

What homes are worth in Olympia 98513

Each bar is how many homes fall in that price range. The marker is this home.

This home
$284K$845K

This home is worth more than 9% of homes in Olympia 98513.

How it measures up in Olympia 98513

The dot is this home. The mark in the middle is the typical home in Olympia 98513.

Estimated value$346,245
CheaperTypical $467,099Pricier

Pricier than 9% of homes nearby

Price per ft²$210
CheaperTypical $273Pricier

Pricier than 16% of homes nearby

Living area1,646 ft²
SmallerTypical 1,712 ft²Bigger

Bigger than 45% of homes nearby

Lot size3,920 ft²
SmallerTypical 0.21 acBigger

Bigger than 9% of homes nearby

Year built2006
OlderTypical 1994Newer

Newer than 78% of homes nearby

How 5438 Balustrade Blvd Se ranks against every home in each area.
MeasureThis homeHorizon PointeOlympia 98513Thurston County
Estimated valuepricier than$346,24522% of homes9% of homes12% of homes
Price per ft²pricier than$21048% of homes16% of homes15% of homes
Living areabigger than1,646 ft²39% of homes45% of homes43% of homes
Lot sizebigger than3,920 ft²40% of homes9% of homes5% of homes
Year builtnewer than200637% of homes78% of homes80% of homes

About 5438 Balustrade Blvd Se

How much is 5438 Balustrade Blvd Se, Lacey, WA worth?

The TopHap Estimate for 5438 Balustrade Blvd Se, Lacey, WA is $346,245 as of Aug 30, 2026. The likely range is $279,508 to $412,982. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5438 Balustrade Blvd Se, Lacey, WA last sell?

5438 Balustrade Blvd Se, Lacey, WA last sold on Jul 8, 2020 for $350,000, according to the county's recorded deed. TopHap holds 5 recorded sales for this parcel.

How big is 5438 Balustrade Blvd Se, Lacey, WA?

5438 Balustrade Blvd Se, Lacey, WA has 3 bedrooms, 3 bathrooms, 1,646 square feet of living space and a 0.09-acre lot.

When was 5438 Balustrade Blvd Se, Lacey, WA built?

5438 Balustrade Blvd Se, Lacey, WA was built in 2006, making it 20 years old. It is a split level home. The building has 2 stories.

What schools serve 5438 Balustrade Blvd Se, Lacey, WA?

5438 Balustrade Blvd Se, Lacey, WA is assigned to Horizons Elementary School (elementary), rated B-; Timberline High School (high), rated B-; Komachin Middle School (middle), rated B. All sit in North Thurston Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5438 Balustrade Blvd Se, Lacey, WA compare to other homes in Olympia 98513?

Among the 13,497 homes in Olympia 98513, it is worth more than 9% of them ($346,245 against a typical $467,099), its price per square foot is higher than 16% of them ($210 against a typical $273), it is bigger than 45% of them (1,646 ft² against a typical 1,712 ft²), its lot is bigger than 9% of them (3,920 ft² against a typical 0.21 ac) and it is newer than 78% of them (2006 against a typical 1994). Measured against all of Thurston County, it is worth more than 12% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5438 Balustrade Blvd Se, Lacey, WA?

The 2026 property tax bill for 5438 Balustrade Blvd Se, Lacey, WA was $11. The county assessed it at $429,600.

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