$295,000
SOLD FEB 7, 2020

1422 Milbanke Dr SE Olympia, WA 98513

Meadows Neighborhood
5 Beds
3 Baths
2,672 Sq Ft
7,215 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

3% Above List Price

15 Days on Market

Highlights

  • Territorial View
  • Storm Windows
  • Open Space
  • 2 Car Attached Garage
  • Patio
  • Ceramic Tile Flooring

About This Home

As of November 2024

2 story home w/ 5 bedrooms and 2.5 bathrooms. Huge master bedroom w/ walk-in closet. Master bathroom w/ dual sinks, soaking tub, and separate shower. 2 story high entry ceiling. Kitchen w/ island and pantry. 1st floor bedroom and 1/2 bath powder room. Living and family rooms. Gas log fireplace. Laundry room. 2 car garage. Gas heat and hot water heater. Lot backs to acreage w/ plenty of privacy and a nice territorial view. Home needs lots of work but has great potential.

Last Agent to Sell the Property

Ed Warnock

Group 7 Inc., Real Estate Serv License #27823 Listed on: 01/08/2020

Last Buyer's Agent

Ed Warnock

Group 7 Inc., Real Estate Serv License #27823 Listed on: 01/08/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1552571

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 2000

Lot Details

  • 7,215 Sq Ft Lot
  • Lot Dimensions are 69 x 104
  • Open Space
  • Partially Fenced Property
  • Level Lot
  • Garden

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,672 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Seven Oaks Elementary School
  • Nisqually Mid Middle School
  • River Ridge High School

Utilities

  • Water Heater
  • Cable TV Available

Community Details

  • Madrona Park Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 60330012000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,296

Year Built

Built in 2000

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2000
  • Inclusions: Dishwasher,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madrona Park
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2672
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 27

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 2672
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2672
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Open Space, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Association Fee: 28
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: North Thurston
  • High School: River Ridge High
  • Middle Or Junior School: Nisqually Mid

Lot Info

  • Parcel Number: 60330012000
  • Topography: Level
  • Lot Size Acres: 0.1656
  • Lot Size: 69 X 104
  • Lot Size Sq Ft: 7215
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Outbuildings,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • LotNumber: 120

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3296

MLS Schools

  • Elementary School: Seven Oaks Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 29, 2024
Sold by
Davidson Morgan D and Mills Melissa Sue
Bought by
Humphrey David and Humphrey Jennifer
Seller's Agent
Robert Webster
Gateway Real Estate
Buyer's Agent
Amanda Ficek
Van Dorm Realty, Inc
List Price
$580,000
Sold Price
$580,000
Views
11
Current Estimated Value
$587,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,801
Avg. Annual Appreciation
3.20%
Original Mortgage
$554,537
Outstanding Balance
$551,796
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$41,488

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 25, 2020
Sold by
Huffman Floyd Rodney and Huffman Judi Lin
Bought by
Davidson Morgan D and Mills Melissa Sue
Seller's Agent
Ed Warnock
Group 7 Inc., Real Estate Serv
Buyer's Agent
K.C. Black Cloud
eXp Realty
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$374,625
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jan 27, 2020
Sold by
U S Bank National Association
Bought by
Huffman Floyd Rodney and Huffman Judi Lin
Seller's Agent
Ed Warnock
Group 7 Inc., Real Estate Serv
Buyer's Agent
Ed Warnock
Group 7 Inc., Real Estate Serv
List Price
$286,000
Sold Price
$295,000
Premium/Discount to List
$9,000
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.25%

Purchase Details

Listed on
Jan 8, 2020
Closed on
Dec 11, 2019
Sold by
Kelly Laurel and Kelly Gary
Bought by
U S Bank National Association and Home Equity Asset Trust 2007 3
Seller's Agent
Ed Warnock
Group 7 Inc., Real Estate Serv
Buyer's Agent
Ed Warnock
Group 7 Inc., Real Estate Serv
List Price
$286,000
Sold Price
$295,000
Premium/Discount to List
$9,000
3.15%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Kelly Gary D
Bought by
Kelly Laurel

Purchase Details

Closed on
Oct 12, 2004
Sold by
Forrester Clarence D and Forrester Yong S
Bought by
Kelly Gary and Kelly Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.9%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2000
Sold by
Lacey Land Associates Ltd Partnership
Bought by
Forrester Clarence D and Forrester Yong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,666
Interest Rate
8.25%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 First American Title
Warranty Deed $405,000 Chicago Title Company
Special Warranty Deed $295,000 Servicelink
Trustee Deed $303,300 Accommodation
Interfamily Deed Transfer -- None Available
Warranty Deed $239,000 Stewart Title Of Western
Warranty Deed $169,578 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $554,537 FHA
Previous Owner $70,000 Credit Line Revolving
Previous Owner $374,000 New Conventional
Previous Owner $374,625 New Conventional
Previous Owner $17,800 Credit Line Revolving
Previous Owner $318,250 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $83,200 Unknown
Previous Owner $60,000 Stand Alone Second
Previous Owner $191,200 Unknown
Previous Owner $174,666 VA
Closed $47,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $580,000 0.0% $217 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $580,000 0.0% $217 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $580,000 +43.2% $217 / Sq Ft
06/25/2020 06/25/20 Sold $405,000 +1.5% $152 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $399,000 0.0% $149 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $399,000 +35.3% $149 / Sq Ft
02/07/2020 02/07/20 Sold $295,000 +3.1% $110 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $286,000 -- $107 / 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 $4,594 $513,900 $136,600 $377,300
2023 $4,594 $470,100 $118,600 $351,500
2022 $4,659 $475,900 $68,700 $407,200
2021 $4,119 $391,200 $76,300 $314,900
2020 $3,818 $321,700 $74,100 $247,600
2019 $2,104 $306,600 $64,400 $242,200
2018 $3,797 $272,600 $47,600 $225,000
2017 $3,433 $256,350 $46,750 $209,600
2016 $3,065 $243,900 $43,300 $200,600
2014 -- $224,300 $42,500 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1552571

Northwest Multiple Listing Service (NWMLS)

APN: 60330012000