NOT LISTED FOR SALE

1404 Derby Ln SE Olympia, WA 98501

Estimated Value: $492,262 - $512,000

3 Beds
3 Baths
1,878 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $405,000 $216 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,953/month

Highlights

  • Deck
  • 1 Fireplace
  • Patio
  • Peter G. Schmidt Elementary School Rated A-
  • Attached Garage
  • Garden

About This Home

As of February 2021

Newly updated 3 bedroom, 2.5 bath, 1878 sq ft home in the desirable low-maintenance Bridlewood community. Updates include new laminate flooring throughout, interior paint, stainless steel appliances & landscaping. Open & light floor plan with cathedral ceiling & neutral colors. Eating bar opens to family room for easy entertaining. Large master suite with vaulted ceiling & walk-in closet. HOA maintains front yard. Just down the road from grocery, restaurants, bakery and brewery! Community park. Tumwater schools.

Last Agent to Sell the Property

Thomas Arndt

Van Dorm Realty, Inc License #73700 Listed on: 01/14/2021

Van Dorm Realty, Inc

Co-Listed By

Alex Gardner

Van Dorm Realty, Inc License #124157

Last Buyer's Agent

Kathy Voss

Redfin License #122228

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1713983

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,921

Year Built

  • Built in 2003

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • Private Water Source
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 37010000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,921

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Laminate, Vinyl
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Estimated Sq Ft: 1878
  • Square Footage Finished: 1878

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Tumwater
  • Water Company: City of Tumwater
  • Water Heater: Garage-Gas
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 100
  • Community Name: Tumwater
  • Community Features: CCRs

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 3990
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 37010000800
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 3387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 23, 2021
Sold by
Jasperson Christopher R
Bought by
Kebede Samrawit and Woldu Sisay
Seller's Agent
Thomas Arndt
Van Dorm Realty, Inc
Buyer's Agent
Kathy Voss
Redfin
List Price
$399,950
Sold Price
$405,000
Premium/Discount to List
$5,050
1.26%
Current Estimated Value
$500,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,816
Avg. Annual Appreciation
4.65%
Original Mortgage
$15,906
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2007
Sold by
Merry Timothy S and Merry Christina J
Bought by
Jasperson Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 2002
Sold by
Gemini Corp
Bought by
Merry Timothy S and Merry Christina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,950
Interest Rate
6.28%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Kebede Samrawit -- Thurston County Title
Jasperson Christopher R $255,280 First American Title
Merry Timothy S $164,950 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kebede Samrawit $15,906
Open Kebede Samrawit $397,664
Previous Owner Jasperson Christopher R $255,000
Previous Owner Merry Timothy S $164,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $405,000 +1.3% $216 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $399,950 -- $213 / 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 $3,921 $399,500 $105,400 $294,100
2023 $3,921 $391,500 $93,900 $297,600
2022 $3,724 $386,600 $66,600 $320,000
2021 $3,468 $316,300 $55,100 $261,200
2020 $3,387 $270,100 $63,900 $206,200
2019 $3,016 $255,800 $65,600 $190,200
2018 $2,891 $223,900 $55,000 $168,900
2017 $2,868 $218,450 $50,250 $168,200
2016 $2,789 $202,800 $50,300 $152,500
2014 -- $199,950 $51,450 $148,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Arndt

    Seller's Agent in 2021

    Thomas Arndt

    Van Dorm Realty, Inc

    (360) 359-5405

    90 Total Sales

    Thomas Arndt
    Section Image
  • Alex Gardner

    Seller Co-Listing Agent in 2021

    Alex Gardner

    Van Dorm Realty, Inc

    (503) 318-9975

    58 Total Sales

    Alex Gardner
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1713983

Northwest Multiple Listing Service (NWMLS)

APN: 37010000800

Washington Thurston County Olympia 98501

1404 Derby Ln SE, Olympia, WA

This home is located at 1404 Derby Ln SE, Olympia, WA 98501 since 14 January 2021 and is currently estimated at $500,816, approximately $266 per square foot. This property was built in 2003. 1404 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

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