Listed by John L. Scott Lacey, Bought with Redfin
NOT LISTED FOR SALE

1601 Derby Ln SE Olympia, WA 98501

Estimated Value: $411,000 - $491,000

3 Beds
2.5 Baths
1,777 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $460,000 $259 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,882/month

225 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Vaulted Ceiling
  • Peter G. Schmidt Elementary School Rated A-
  • Territorial View
  • 2 Car Attached Garage

About This Home

As of July 2024

Welcome home to this amazing home in the beautiful subdivision of Bridlewood!! 1777 SqFt, 3-bedroom, 2.5-baths, 2-car garage. All new carpet and paint inside! Very well maintained home! Vaulted ceilings and Gas fireplace in the living area for those chilly winter evenings, nice dining area and family room off the kitchen and 1/2 bath near by. Upstairs you will find the Primary Suite and bath as well as 2 additional bedrooms and guest bath. Nice fully fenced, private yard with mature landscaping. Front yard maintained by HOA. Come see this one today!!

Last Agent to Sell the Property

Guy Duvall

John L. Scott Lacey License #114057 Listed on: 11/02/2023

John L. Scott Lacey

Last Buyer's Agent

David MacPhail

Redfin License #27309

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2176760

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 2006

Lot Details

  • 4,049 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,777 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Patio

Location

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

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating System
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Morris Management Association
  • Secondary HOA Phone (425) 283-5858
  • Built by Rob Rice Homes
  • Tumwater Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,745

Year Built

Built in 2006

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2006
  • Buyer Agency Compensation: 2.5%
  • Inclusions: Dishwashers,GarbageDisposal,Refrigerators,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Bridlewood
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1777
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2176760?w=Consumer&agent=96890
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Fireplace, Water Heater
  • Living Area: 1777
  • Main Level Bathrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1777
  • 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: 3
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Rob Rice Homes
  • Direction Faces: North
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • 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
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: 90%+ High Efficiency
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas
  • CableConnected: Comcast/Xfinity
  • InternetConnected: Comcast/Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Phone: 425-283-5858
  • Association: Yes
  • AssociationContactName: Morris Management

Schools

  • Junior High Dist: Tumwater

Lot Info

  • Parcel Number: 37010019100
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.093
  • Lot Size Sq Ft: 4049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 191

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3745

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jul 11, 2024
Sold by
Kaufmann Lynda Leigh and Rodriguez Nelson
Bought by
Rodriguez Nelson
Seller's Agent
Guy Duvall
John L. Scott Lacey
Buyer's Agent
David MacPhail
Redfin
List Price
$469,950
Sold Price
$460,000
Premium/Discount to List
-$9,950
-2.12%
Views
387
Current Estimated Value
$464,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,464
Avg. Annual Appreciation
0.75%
Original Mortgage
$368,000
Outstanding Balance
$363,638
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$100,826

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jul 8, 2024
Sold by
Chc-Jla Llc
Bought by
Rodriguez Nelson
Seller's Agent
Guy Duvall
John L. Scott Lacey
Buyer's Agent
David MacPhail
Redfin
List Price
$469,950
Sold Price
$460,000
Premium/Discount to List
-$9,950
-2.12%
Views
387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$363,638
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$100,826

Purchase Details

Closed on
Oct 1, 2011
Sold by
Continental Homes Corporation
Bought by
Chc Jla Llc

Purchase Details

Closed on
Nov 30, 2006
Sold by
Bridlewood Homes One Llc
Bought by
Continental Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.38%
Mortgage Type
Unknown
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
Rodriguez Nelson -- Chicago Title
Rodriguez Nelson $460,000 Chicago Title
Chc Jla Llc -- None Available
Continental Homes Corp -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Nelson $368,000
Previous Owner Continental Homes Corp $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $460,000 -2.1% $259 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $469,950 +2.2% $264 / Sq Ft
05/03/2024 05/03/24 Off Market $460,000 -- --
03/28/2024 03/28/24 Price Changed $469,950 -2.1% $264 / Sq Ft
11/02/2023 11/02/23 For Sale $479,950 -- $270 / 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 $3,909 $395,700 $101,600 $294,100
2023 $3,909 $390,300 $90,500 $299,800
2022 $3,694 $383,600 $64,200 $319,400
2021 $3,423 $313,700 $53,200 $260,500
2020 $3,337 $266,600 $61,100 $205,500
2019 $2,969 $252,000 $62,500 $189,500
2018 $2,852 $220,900 $52,500 $168,400
2017 $2,802 $213,400 $47,900 $165,500
2016 $2,705 $196,500 $48,000 $148,500
2014 -- $193,700 $49,100 $144,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2176760

Northwest Multiple Listing Service (NWMLS)

APN: 37010019100