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Listing courtesy of NWMLS / Rain Town Realty + JPAR

5542 55th Loop SE

Olympia, WA 98513

5 beds
3 baths
2,151 sqft
5,000 sqft lot
$249 per sqft
2007 build

Spacious and move-in ready, this 5-bedroom, 3-bathroom Olympia gem offers over 2,100 sqft of flexible living space—perfect for multi-generational living, remote work, or just room to spread out! A brand-new roof is on the way, giving peace of mind for years to come. Inside, you'll find a thoughtful layout with generously sized rooms, natural light throughout, and plenty of space to gather, work, or unwind. The large kitchen flows into dining and living areas, making entertaining a breeze. Conveniently located near schools, shopping, and parks, this home blends comfort, value, and opportunity in one great package. Don’t miss it!

Listing courtesy of NWMLS / Rain Town Realty + JPAR

Last checked: Checking… • Last updated Jun 19, 2025 •

MLS# 2394766 —

The Building

Year Built:

2007
Year Built:

2007
Year Built Source:

Public Records
New Construction:

false
Building Information:

Built On Lot
Structure Type:

House
Architectural Style:

Contemporary
Roof:

Composition
Entry Location:

Main
Foundation Details:

Poured Concrete
Basement:

Daylight
Security Features:

Fully Fenced
Exterior Features:

Wood Products
Levels:

Multi/Split
Building Area Total:

2151
Building Area Units:

Square Feet
Calculated SqFt:

2151
SqFt Source:

realist
Construction Materials:

Wood

Interior

Interior Features:

Bath Off Primary, Dining Room, Fireplace, Water Heater
Living Area:

2151
Flooring:

Hardwood, Vinyl, Carpet
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas
Main Level Fireplace:

1
Finished SqFt:

2151

Financial & Terms

Possession:

Closing

Location

Latitude:

46.998387
Longitude:

-122.76573
Directions:

South on Marvin Rd SE. Right at T intersection onto Mullen Rd SE. Left on Kagy St SE. Right on 55th Ave SE. First Left onto 55th Lp SE. Property on Left.

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Parcel Number:

42980004700
Lot Features:

Curbs, Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.1148
Lot Size SqFt:

5000
Lot Size Source:

realist
Land Lease:

false
View:

Territorial
View:

true
Waterfront:

false
Topography:

Partial Slope
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

5189

Beds

Bedrooms Total:

5
Bedrooms Possible:

5
Bedrooms Upper Level:

3
Bedrooms Lower Level:

2

Baths

Total Baths:

3
Baths:

3
Full Baths:

3
Upper Level Full Baths:

2
Lower Level Full Baths:

1
# of Bathtubs:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Forced Air
Heating:

Forced Air

Utilities

Water Company:

Thurston County Pud
Water Heater Location:

Garage
Water Heater Type:

Gas
Water Source:

Community
Sewer:

Sewer Connected
Sewer Company:

City Of Lacey Utilities
Power Company:

Pse

Schools

Elementary School:

Buyer To Verify
Middle Or Junior School:

Buyer To Verify
High School:

Buyer To Verify
High School District:

North Thurston

The Community

Subdivision Name:

Olympia
Community Features:

CCRs
Senior Community:

false
Association Fee:

350
Association Fee Frequency:

Annually
Association Contact Name:

Ammerstone Association
Association:

true

Parking

Parking Total:

2
Parking Features:

Attached Garage
Open Parking:

false
Garage:

true
Garage Spaces:

2
Attached Garage:

true
Carport:

false
Covered Spaces:

2

Listing courtesy of NWMLS / Rain Town Realty + JPAR

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Tue Jun 24 2025 01:52 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Monthly cost estimate

Asking price

$536,000

Expense	Monthly cost
Mortgage	$2,870
Taxes	$432
Insurance	$147
HOA fees	$29
Utilities	$130 See report
Total	$3,608/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/18/25 Jun 18, 2025	Listed / Active	NWMLS	$536,000	69.7% (11.6% / YR)
6/24/19 Jun 24, 2019		NWMLS	$315,900	17.0% (7.5% / YR)
3/14/17 Mar 14, 2017		NWMLS	$269,900

32% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $10k above asking price on average, but some went as high as $50k over asking price.

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This house located in The Lakes, WA 98513 is currently for sale for $536,000. 5542 55th Loop SE is a 2,151 square foot house with 5 beds and 3 baths. 5542 55th Loop SE is in the The Lakes neighborhood of Olympia. This house is in the attendance area of Woodland Elementary School, Timberline High School, and Komachin Middle School.

Listing courtesy of NWMLS / Rain Town Realty + JPAR

Disclaimer: The information contained in this listing has not been verified by Rain Town Realty + JPAR and should be verified by the buyer.