Listed by Abbey Realty Inc, Bought with Van Dorm Realty, Inc
NOT LISTED FOR SALE

1532 Derby Ln SE Olympia, WA 98501

Estimated Value: $454,810 - $470,000

2 Beds
2 Baths
1,472 Sq Ft
$315/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $298,950 $203 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,839/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Property is near public transit
  • Double Oven
  • Peter G. Schmidt Elementary School Rated A-
  • Territorial View
  • 2 Car Attached Garage

About This Home

As of October 2019

Beautifully maintained rambler in the Bridlewood Community. This 2 Bedroom 2 Bath 1472sf floor plan offers very generously size bedrooms, large living & dining rooms w/vaulted ceilings. Roomy and bright kitchen, gas fireplace, patio access from kitchen and master bedroom. Fresh paint throughout inside and out, fenced back yard with side access from garage. HOA maintained front yard, corner lot, extra cabinets in garage and lots of storage. Conveniently located to I-5, schools all amenities!

Last Agent to Sell the Property

Jason Peterson

Abbey Realty Inc License #78845 Listed on: 09/28/2019

Last Buyer's Agent

Desiree Day

Van Dorm Realty, Inc License #116165

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1524903

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 2003

Lot Details

  • 4,167 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Double Oven
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Peter G Schmidt Elementary School
  • George Wash Bush Mid Middle School
  • Tumwater High School

Utilities

  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • Bush Prairie Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 37010001700

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 2003

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2003
  • Inclusions: DoubleOven,GarbageDisposal,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1472
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Double Oven
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 1472
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1472
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Double Oven,Garbage Disposal,Range/Oven

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete, See Remarks
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

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: Partially Fenced
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Association Fee: 100
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 37010001700
  • Topography: Level
  • Lot Size Acres: 0.0957
  • Lot Size Sq Ft: 4167
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio,Sprinkler System
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2778

MLS Schools

  • Elementary School: Peter G Schmidt Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2019
Closed on
Oct 24, 2019
Sold by
Schwandt Arlen E and Schwandt Diane R
Bought by
Jensen Barbara Lorene
Seller's Agent
Jason Peterson
Abbey Realty Inc
Buyer's Agent
Desiree Day
Van Dorm Realty, Inc
List Price
$294,950
Sold Price
$298,950
Premium/Discount to List
$4,000
1.36%
Current Estimated Value
$463,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,003
Avg. Annual Appreciation
7.60%
Original Mortgage
$289,982
Outstanding Balance
$255,069
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$208,884

Purchase Details

Closed on
May 6, 2008
Sold by
Dene Noomi K
Bought by
Schwandt Arlen E and Schwandt Diane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 2003
Sold by
Gemini Corp
Bought by
Dene Noomi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.89%
Source: Public Records

Range of Values:

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Average Value
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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
Jensen Barbara Lorene $298,950 Fatco
Schwandt Arlen E $235,000 Chicago Title Insurance
Dene Noomi K $159,950 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Barbara Lorene $289,982
Previous Owner Schwandt Arlen E $176,250
Previous Owner Dene Noomi K $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $298,950 +1.4% $203 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $294,950 -- $200 / 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 $3,670 $369,900 $110,100 $259,800
2023 $3,670 $366,400 $98,000 $268,400
2022 $3,378 $350,700 $69,500 $281,200
2021 $3,154 $286,800 $57,600 $229,200
2020 $3,099 $245,600 $65,200 $180,400
2019 $2,778 $234,000 $66,300 $167,700
2018 $2,657 $205,700 $55,600 $150,100
2017 $2,631 $200,300 $50,700 $149,600
2016 $2,573 $186,250 $51,050 $135,200
2014 -- $183,900 $52,200 $131,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1524903

Northwest Multiple Listing Service (NWMLS)

APN: 37010001700