Listed by BMC Realty Advisors Inc, Bought with Yelm Windermere
NOT LISTED FOR SALE

518 Gilbertson Ln SE Tumwater, WA 98501

Southeast Capitol Boulevard Neighborhood

Estimated Value: $501,000 - $514,975

3 Beds
2 Baths
1,725 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $495,000 $287 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,002/month

10 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Peter G. Schmidt Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of March 2024

**Quick Move-In**Century Communities presents the Georgia, at Riverbend Landing, Lot 14 . The Georgia Floor plan is a 1,725 sq/ft, 3bd, 2 bath, Rambler style home with, covered patio, and gas fireplace. Kitchen comes equipped with slab quartz island, slab quartz counter tops, deep stainless steel sink, White Maple Cabinets with nickel pulls. Appliances included are, microwave, range/oven, & dishwasher. Additional features include heat-pump/AC unit, 2-car garage w/garage door opener w/2 remotes, front & back yard landscaping. Customer registration policy: Site Reg #4787: Buyer Broker must accompany and personally register buyer at 1st visit.

Last Agent to Sell the Property

Katherine Wentworth

BMC Realty Advisors Inc License #24007578 Listed on: 02/01/2024

Co-Listed By

April McCray

PC Homes & Real Estate Inc License #118690

Last Buyer's Agent

Sheryl Williams

Yelm Windermere License #106712

Yelm Windermere

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2196317

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,532 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater
  • STEP System includes septic tank and pump

Community Details

  • Built by Century Communities
  • 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

$5,200

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 2023
  • Buyer Agency Compensation: 2.0
  • Inclusions: Dishwasher,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Gilbertson Lane
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 1725
  • SeniorExemption: false
  • EstimatedCompletionDate: 2024-02-15
  • NewConstruction: Under Construction
  • SOCComments: On lesser of adj.base or purchase price
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2196317?w=Consumer&agent=119093
  • Special Features: NewHome
  • Cumulative Days on Market: 522

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Microwave, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate, Fireplace, Water Heater
  • Living Area: 1725
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1725
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Stove/Range
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Builder Name: Century Communities
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • 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: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: STEP Sewer
  • Water Source: Public
  • Cooling: 90%+ High Efficiency, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 77
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential

Schools

  • Junior High Dist: North Thurston
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 50710001400
  • Land Lease: No
  • Lot Size Acres: 0.104
  • Lot Size Sq Ft: 4532
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Plat Map
  • MLSSquareFootageSource: Builder
  • LotNumber: 14

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5200

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Feb 27, 2024
Sold by
Century Communities/Wa Llc
Bought by
Luther Gregory and Luther Vicki
Seller's Agent
Katherine Wentworth
BMC Realty Advisors Inc
Buyer's Agent
Sheryl Williams
Yelm Windermere
List Price
$499,990
Sold Price
$495,000
Premium/Discount to List
-$4,990
-1%
Views
18
Current Estimated Value
$521,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,059
Avg. Annual Appreciation
2.89%
Original Mortgage
$495,000
Outstanding Balance
$489,136
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
$26,138
Source: Public Records

Range of Values:

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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
Luther Gregory $495,000 Parkway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luther Gregory $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $495,000 +4.2% $287 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $474,990 -5.0% $275 / Sq Ft
02/01/2024 02/01/24 For Sale $499,990 -- $290 / 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 $875 $577,900 $134,500 $443,400
2023 $875 $86,600 $86,600 --
Source: Public Records

Agents Affiliated with this Home

  • Katherine Wentworth

    Seller's Agent in 2024

    Katherine Wentworth

    BMC Realty Advisors Inc

    (206) 719-2103

    13 in this area

    165 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2024

    April McCray

    PC Homes Residential Real Estate

    Section Image
  • Sheryl Williams

    Buyer's Agent in 2024

    Sheryl Williams

    Windermere Corporate

    (253) 905-0928

    1 in this area

    75 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2196317

Northwest Multiple Listing Service (NWMLS)

APN: 50710001400

Washington Thurston County Tumwater 98501 Southeast Capitol Boulevard

518 Gilbertson Ln SE, Tumwater, WA

This home is located at 518 Gilbertson Ln SE, Tumwater, WA 98501 since 01 February 2024 and is currently estimated at $506,994, approximately $293 per square foot. This property was built in 2023. 518 Gilbertson Ln SE is a home located in Thurston County with nearby schools including Peter G. Schmidt Elementary School, George Washington Bush Middle School, and Tumwater High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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