diff --git a/pkg/storage/etcd3/event.go b/pkg/storage/etcd3/event.go
index 585c371b5dc..4746dafb421 100644
--- a/pkg/storage/etcd3/event.go
+++ b/pkg/storage/etcd3/event.go
@@ -24,15 +24,17 @@ import (
 type event struct {
 	key       string
 	value     []byte
+	prevValue []byte
 	rev       int64
 	isDeleted bool
 	isCreated bool
 }
 
-func parseKV(kv *mvccpb.KeyValue) *event {
+func parseKV(kv *mvccpb.KeyValue, prevVal []byte) *event {
 	return &event{
 		key:       string(kv.Key),
 		value:     kv.Value,
+		prevValue: prevVal,
 		rev:       kv.ModRevision,
 		isDeleted: false,
 		isCreated: kv.ModRevision == kv.CreateRevision,
@@ -40,11 +42,15 @@ func parseKV(kv *mvccpb.KeyValue) *event {
 }
 
 func parseEvent(e *clientv3.Event) *event {
-	return &event{
+	ret := &event{
 		key:       string(e.Kv.Key),
 		value:     e.Kv.Value,
 		rev:       e.Kv.ModRevision,
 		isDeleted: e.Type == clientv3.EventTypeDelete,
 		isCreated: e.IsCreate(),
 	}
+	if e.PrevKv != nil {
+		ret.prevValue = e.PrevKv.Value
+	}
+	return ret
 }
diff --git a/pkg/storage/etcd3/watcher.go b/pkg/storage/etcd3/watcher.go
index 1a6bbbf2464..3c41b29e240 100644
--- a/pkg/storage/etcd3/watcher.go
+++ b/pkg/storage/etcd3/watcher.go
@@ -154,7 +154,15 @@ func (wc *watchChan) sync() error {
 	wc.initialRev = getResp.Header.Revision
 
 	for _, kv := range getResp.Kvs {
-		wc.sendEvent(parseKV(kv))
+		prevResp, err := wc.watcher.client.Get(wc.ctx, string(kv.Key), clientv3.WithRev(kv.ModRevision-1))
+		if err != nil {
+			return err
+		}
+		var prevVal []byte
+		if len(prevResp.Kvs) > 0 {
+			prevVal = prevResp.Kvs[0].Value
+		}
+		wc.sendEvent(parseKV(kv, prevVal))
 	}
 	return nil
 }
@@ -170,7 +178,7 @@ func (wc *watchChan) startWatching(watchClosedCh chan struct{}) {
 			return
 		}
 	}
-	opts := []clientv3.OpOption{clientv3.WithRev(wc.initialRev + 1)}
+	opts := []clientv3.OpOption{clientv3.WithRev(wc.initialRev + 1), clientv3.WithPrevKV()}
 	if wc.recursive {
 		opts = append(opts, clientv3.WithPrefix())
 	}
@@ -331,16 +339,12 @@ func prepareObjs(ctx context.Context, e *event, client *clientv3.Client, codec r
 			return nil, nil, err
 		}
 	}
-	if e.isDeleted || !e.isCreated {
-		getResp, err := client.Get(ctx, e.key, clientv3.WithRev(e.rev-1), clientv3.WithSerializable())
-		if err != nil {
-			return nil, nil, err
-		}
+	if len(e.prevValue) > 0 {
 		// Note that this sends the *old* object with the etcd revision for the time at
 		// which it gets deleted.
 		// We assume old object is returned only in Deleted event. Users (e.g. cacher) need
 		// to have larger than previous rev to tell the ordering.
-		oldObj, err = decodeObj(codec, versioner, getResp.Kvs[0].Value, e.rev)
+		oldObj, err = decodeObj(codec, versioner, e.prevValue, e.rev)
 		if err != nil {
 			return nil, nil, err
 		}