1505 Milbanke Dr SE Olympia, WA 98513
Meadows NeighborhoodEstimated payment $3,092/month
Highlights
- Deck
- Vaulted Ceiling
- 2 Car Attached Garage
- Property is near public transit
- Walk-In Pantry
- Storm Windows
About This Home
You're going to love this well-maintained, single-story 3-bedroom in the desirable Madrona Park community! Brand new flooring in main living space and primary bedroom. A large flex room located just off the entry could be a dining room, cozy den or home office. Beautiful kitchen upgrades as well as a new roof in 2018/2019. Vaulted ceilings extend throughout the main living, flex room and foyer, creating a spacious feel. Enjoy a cozy gas fireplace in the living room, while the flex room is brightened by large windows. The large primary suite features a 5-piece bathroom and spacious walk-in closet. Stay cool in the summer with central AC, and keep your lawn looking great with an underground sprinkler system. Close to I-5, bases and shopping.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2387672

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,789
Year Built
- Built in 2000
Lot Details
- 7,227 Sq Ft Lot
- Property is Fully Fenced
- Level Lot
- Sprinkler System
HOA Fees
- $34 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 1,804 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Dining Room
- Storm Windows
Kitchen
- Walk-In Pantry
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Seven Oaks Elementary School
- Nisqually Mid Middle School
- River Ridge High School
Utilities
- Forced Air Heating and Cooling System
- Water Heater
- Cable TV Available
Community Details
- Vis Group/Deborah Association
- Secondary HOA Phone (800) 537-9619
- Madrona Park Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 60330020400
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,172 | $451,600 | $136,500 | $315,100 |
2023 | $4,172 | $425,900 | $118,500 | $307,400 |
2022 | $4,029 | $406,900 | $68,700 | $338,200 |
2021 | $3,570 | $337,000 | $76,300 | $260,700 |
2020 | $3,326 | $277,600 | $74,200 | $203,400 |
2019 | $2,862 | $265,900 | $64,400 | $201,500 |
2018 | $3,275 | $234,100 | $47,600 | $186,500 |
2017 | $2,968 | $220,550 | $46,750 | $173,800 |
2016 | $2,650 | $210,000 | $43,300 | $166,700 |
2014 | -- | $193,000 | $42,500 | $150,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/11/2025 09/11/25 | Pending | -- | -- | -- |
08/30/2025 08/30/25 | Price Changed | $499,000 | -3.1% | $277 / Sq Ft |
07/28/2025 07/28/25 | Price Changed | $515,000 | -1.0% | $285 / Sq Ft |
07/09/2025 07/09/25 | Price Changed | $519,950 | -1.0% | $288 / Sq Ft |
06/06/2025 06/06/25 | For Sale | $524,950 | +12.9% | $291 / Sq Ft |
07/08/2022 07/08/22 | Sold | $465,000 | -1.0% | $258 / Sq Ft |
06/16/2022 06/16/22 | Pending | -- | -- | -- |
06/14/2022 06/14/22 | Price Changed | $469,900 | -2.1% | $260 / Sq Ft |
06/03/2022 06/03/22 | Price Changed | $479,900 | -2.0% | $266 / Sq Ft |
06/02/2022 06/02/22 | For Sale | $489,900 | 0.0% | $272 / Sq Ft |
05/29/2022 05/29/22 | Pending | -- | -- | -- |
05/26/2022 05/26/22 | For Sale | $489,900 | +66.1% | $272 / Sq Ft |
11/02/2018 11/02/18 | Sold | $294,900 | 0.0% | $163 / Sq Ft |
10/01/2018 10/01/18 | Pending | -- | -- | -- |
09/14/2018 09/14/18 | Price Changed | $294,900 | +1.7% | $163 / Sq Ft |
09/14/2018 09/14/18 | For Sale | $290,000 | 0.0% | $161 / Sq Ft |
09/06/2018 09/06/18 | Pending | -- | -- | -- |
08/10/2018 08/10/18 | For Sale | $290,000 | +34.9% | $161 / Sq Ft |
07/30/2014 07/30/14 | Sold | $214,900 | -2.1% | $119 / Sq Ft |
06/29/2014 06/29/14 | Pending | -- | -- | -- |
06/23/2014 06/23/14 | For Sale | $219,500 | -- | $122 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Thurston County Title | |
Warranty Deed | $294,619 | First American Title Co | |
Warranty Deed | $214,900 | First American Title | |
Warranty Deed | $232,989 | First American Title | |
Warranty Deed | $150,400 | First American Title Ins Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $481,740 | VA | |
Previous Owner | $394,400 | New Conventional | |
Previous Owner | $294,900 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $211,640 | FHA | |
Previous Owner | $211,007 | FHA | |
Previous Owner | $70,000 | Stand Alone Second | |
Previous Owner | $237,999 | VA | |
Previous Owner | $153,400 | VA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2387672

APN: 60330020400
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