NOT LISTED FOR SALE

1532 Derby Ln SE Olympia, WA 98501

Estimated Value: $452,277 - $473,000

2 Beds
2 Baths
1,472 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 31, 2019

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

Est. 54% increase in value since last sale

Current estimated payment $2,748/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Territorial View
  • Double Oven
  • Peter G. Schmidt Elementary School Rated A-
  • 1 Fireplace
  • 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#: NWM1524903

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,670

Year Built

  • Built in 2003

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Double Oven
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Bush Prairie Community
  • 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

$3,670

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • 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, Vaulted Ceilings
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Double Oven, Garbage Disposal, Range/Oven
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1472
  • Square Footage Finished: 1472

Exterior Features

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

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: Public

Condo/Co-op/Association

  • HOA Fees: 100
  • Community Name: Bush Prairie
  • Community Features: CCRs

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4167
  • Lot Topography Vegetation: Level
  • Parcel Number: 37010001700
  • Lot Topography: Level

Tax Info

  • Tax Amount: 2778

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%
Total Days on Market
3
Current Estimated Value
$460,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,119
Avg. Annual Appreciation
7.99%
Original Mortgage
$11,599
Interest Rate
3.65%
Mortgage Type
Unknown

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

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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 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 $80,000
Closed Jensen Barbara L $50,000
Open Jensen Barbara Lorene $316,000
Closed Jensen Barbara Lorene $11,599
Closed Jensen Barbara Lorene $289,982
Previous Owner Schwandt Arlen E $87,100
Previous Owner Schwandt Arlen E $62,000
Previous Owner Schwandt Arlen E $131,250
Previous Owner Schwandt Arlen E $171,000
Previous Owner Schwandt Arlen E $176,250
Previous Owner Dene Noomi K $50,000
Previous Owner Dene Noomi K $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: NWM1524903

Northwest Multiple Listing Service (NWMLS)

APN: 37010001700