Listed by Gateway Real Estate, Bought with Van Dorm Realty, Inc
$580,000
SOLD NOV 1, 2024

1422 Milbanke Dr SE Olympia, WA 98513

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

Recently Sold

$217 Per Sq Ft

47 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Storm Windows
  • Fruit Trees
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of November 2024

Amazing 5 bedroom home in the desirable Madrona Park community, ready for new owners! New carpet throughout the home, Main floor has laminate hardwoods. Large rooms throughout home and the primary suite is huge. Primary and a second bedroom have walk-in closet's. Fully fenced backyard. Property behind home is a historical site. Location convenient to schools, shopping, highways, and of course JBLM. This one is really worth a look, Don't miss out!

Last Agent to Sell the Property

Robert Webster

Gateway Real Estate License #111893 Listed on: 08/16/2024

Gateway Real Estate

Last Buyer's Agent

Amanda Ficek

Van Dorm Realty, Inc License #130444

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2277540

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,594

Year Built

  • Built in 2000

Lot Details

  • 7,215 Sq Ft Lot
  • Open Space
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

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

Interior Spaces

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

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Michelle Molden, Vis Group, Inc Association
  • Secondary HOA Phone (800) 537-9619
  • Madrona Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,594

Year Built

Built in 2000

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2000
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2672
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2277540?w=Consumer&agent=94347
  • Special Features: None
  • Cumulative Days on Market: 271

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • 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
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas - Tankless

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 405
  • Association Fee Frequency: Annually
  • Phone: 800-537-9619
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Michelle Molden, VIS Group, Inc

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 60330012000
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1656
  • Lot Size Sq Ft: 7215
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Public
  • MLSSquareFootageSource: Public

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4594

Multi Family

  • EnergySource: Electric,Natural Gas

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: 2277540

Northwest Multiple Listing Service (NWMLS)

APN: 60330012000