NOT LISTED FOR SALE

1312 Derby Ln SE Olympia, WA 98501

Estimated Value: $454,837 - $468,000

2 Beds
1 Bath
1,404 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $262,500 $187 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,735/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Attached Garage
  • Peter G. Schmidt Elementary School Rated A-
  • 1 Fireplace
  • Patio

About This Home

As of December 2017

Rare find 1 owner! Low maintenance ranch W/2 master suites located in the beautiful community of Bridlewood. Spacious kitchen w/pantry, all appliances included. Large light & bright living/dining area with vaulted ceilings, gas fireplace & skylight. Fenced back yard & private wrap around patio with access from dining and master bedroom. The front yard is maintained by HOA including sprinkler system. All this plus AC & Dbl car garage with opener. Seller and Realtor are related.

Last Agent to Sell the Property

Robbie Christensen

Riley Jackson Real Estate Inc. License #40875 Listed on: 10/06/2017

Co-Listed By

Rhonda Westlund

John L. Scott Lacey License #22332

Last Buyer's Agent

Joan Connell

Van Dorm Realty, Inc License #21119

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1204074

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 2003

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned MFM2

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Community Details

  • Tumwater Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 37010000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,641

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Contemporary
  • Homebuilder: Gemini
  • Building Information: Planned Unit Dev
  • Entrance Level: Main
  • Senior Exemption: Y
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Skylights, Walk-In Closet
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1404
  • Square Footage Finished: 1404

Exterior Features

  • Exterior: Cement Planked, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Tumwater
  • Water Company: City of Tumwater
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 106
  • Community Name: Tumwater
  • Project: Bridlewood
  • Community Features: Ccrs

Schools

  • Elementary School: Peter G Schmidt Elem
  • Middle School: George Wash Bush Mid
  • High School: Tumwater High
  • School District: TUM

Lot Info

  • Lot Number: 2
  • Lot Details: Curbs, Dead End Street, Paved Street
  • Lot Sq Ft: 4316
  • Lot Topography Vegetation: Level
  • Parcel Number: 37010000200
  • Zoning Code: MFM2
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 12, 2017
Sold by
Jackson Madlea
Bought by
Elhardt Linda J
Seller's Agent
Robbie Christensen
Riley Jackson Real Estate Inc.
Buyer's Agent
Joan Connell
Van Dorm Realty, Inc
List Price
$262,500
Sold Price
$262,500
Current Estimated Value
$463,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,209
Avg. Annual Appreciation
7.51%
Original Mortgage
$236,250
Outstanding Balance
$198,902
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$264,807

Purchase Details

Closed on
Sep 9, 2003
Sold by
Gemini Corp
Bought by
Jackson Madlea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
6.06%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elhardt Linda J $262,219 Chicago Title
Jackson Madlea $160,950 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elhardt Linda J $236,250
Previous Owner Jackson Madlea $152,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2017 12/13/17 Sold $262,500 0.0% $187 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $262,500 -- $187 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,641 $368,000 $114,000 $254,000
2023 $3,641 $363,500 $101,600 $261,900
2022 $3,321 $344,900 $72,000 $272,900
2021 $3,099 $282,000 $59,600 $222,400
2020 $3,041 $241,300 $66,100 $175,200
2019 $2,726 $229,600 $66,800 $162,800
2018 $2,590 $200,900 $55,800 $145,100
2017 $425 $195,550 $50,950 $144,600
2016 $460 $182,250 $51,550 $130,700
2014 -- $180,150 $52,750 $127,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robbie Christensen

    Riley Jackson Real Estate Inc.

    (360) 451-5593

    1 Total Sale

    Robbie Christensen
    Section Image
  • Rhonda Westlund

    Seller Co-Listing Agent in 2017

    Rhonda Westlund

    John L. Scott

    (360) 754-3636

    10 Total Sales

    Rhonda Westlund
    Section Image
  • Joan Connell

    Buyer's Agent in 2017

    Joan Connell

    Van Dorm Realty, Inc

    (360) 402-8727

    32 Total Sales

    Joan Connell
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1204074

Northwest Multiple Listing Service (NWMLS)

APN: 37010000200

Washington Thurston County Olympia 98501

1312 Derby Ln SE, Olympia, WA

This home is located at 1312 Derby Ln SE, Olympia, WA 98501 since 06 October 2017 and is currently estimated at $463,709, approximately $330 per square foot. This property was built in 2003. 1312 Derby Ln SE is a home located in Thurston County with nearby schools including Peter G. Schmidt Elementary School, George Washington Bush Middle School, and Tumwater High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes