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  • Listed by: Capitol Real Estate LLC • Mark Ellis
    $515,000

    1115 Chatham Drive SE, Olympia, WA 98513

    4beds
    2,104sqft
    : 
    $3,234/mo
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    Single Family Residence
    Built in 2003
    7,352 Square Feet Lot
    $513,200 Zestimate®
    $245/sqft
    $38/mo HOA

    What's special

    Cozy fireplaceModern fixturesUpdated kitchenTwo-car garageLarge bonus roomPrivate fully fenced backyardTerraced landscaping
    Beautifully updated and move-in ready, this spacious 2,104 sq ft home in the desirable Madrona Park neighborhood offers the perfect combination of style, comfort, and convenience. From the inviting covered front porch to the fresh interior and exterior paint, every detail has been thoughtfully refreshed.Step inside to soaring vaulted ceilings, a grand entry, luxury vinyl plank flooring, new carpet, modern fixtures, and striking black interior doors. The updated kitchen is designed for both everyday living and entertaining, featuring quartz countertops, refreshed cabinetry, stainless steel appliances, and an open layout that flows seamlessly into the living room with a cozy fireplace.The highly desirable main-floor primary suite offers a private retreat with a spacious walk-in closet and a luxurious 5-piece bathroom. Upstairs, you'll find two additional bedrooms, a full bathroom, and a large bonus room that provides endless possibilities for a media room, home office, playroom, or additional living space.Outside, enjoy a private, fully fenced backyard with terraced landscaping and a large patio, perfect for entertaining, relaxing, or summer barbecues. A two-car garage, convenient location near I-5, JBLM, shopping, schools, and parks complete this exceptional home. This beautifully updated home is truly turnkey and ready for its next owner!
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Ellis,

    Capitol Real Estate LLC,

    Micah D Tilley,

    Capitol Real Estate LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2561720MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Main
      Other
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen without eating space
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Forced Air, Electric, Natural Gas
      Cooling
      • Forced Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Water Heater: Gas, Water Heater Location: Garage
      Features
      • Bath Off Primary, Ceiling Fan(s), Dining Room, Loft
      • Flooring: Vinyl Plank, Carpet
      • Windows: Dbl Pane/Storm Window
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,104
      • Total interior livable area: 2,104 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Attached Garage, Off Street
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Loft, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 7,352 Square Feet
      • Features: Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
      • Topography: Level
      Details
      • Parcel number: 60330036400
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 2 Story
      • Property subtype: Single Family Residence
      Materials
      • Wood Products
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 2003

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: City of Lacey
      • Water: Public, Company: City of Lacey

      Community & HOA

      Community
      • Features: CCRs
      • Subdivision: Madrona Park
      HOA
      • HOA fee: $228 semi-annually
      Location
      • Region: Olympia

      Financial & listing details

      • Price per square foot: $245/sqft
      • Tax assessed value: $469,900
      • Annual tax amount: $5,093
      • Date on market: 7/29/2026
      • Cumulative days on market: 3 days
      • Listing terms: Conventional,See Remarks,VA Loan
      • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Stove(s)/Range(s)

        Estimated market value

        $513,200

        $488,000 - $539,000

        $2,974/mo

        Price history

        DateEventPrice
        7/30/2026Listed for sale$515,000+32.1%$245/sqft
        Source: NWMLS as distributed by MLS GRID #2561720 Report a problem
        5/29/2026Sold$390,000+82%$185/sqft
        Source: NWMLS as distributed by MLS GRID #2535186 Report a problem
        12/31/2015Listing removed$214,240$102/sqft
        Source: Coldwell Banker Evergreen Olympic Realty, Inc. #704862 Report a problem
        4/2/2015Pending sale$214,240$102/sqft
        Source: Coldwell Banker Evergreen Olympic Realty, Inc. #704862 Report a problem
        10/11/2014Listed for sale$214,240+7.2%$102/sqft
        Source: Coldwell Banker Evergreen Olympic Realty, Inc. #704862 Report a problem
        4/22/2014Listing removed$199,900$95/sqft
        Source: Coldwell Banker Evergreen Olympic Realty, Inc. #483007 Report a problem
        2/25/2014Price change$199,900-3.9%$95/sqft
        Source: Coldwell Banker Evergreen Olympic Realty, Inc. #483007 Report a problem
        11/22/2013Price change$208,000-2.1%$99/sqft
        Source: Coldwell Banker Evergreen Olympic Realty, Inc. #483007 Report a problem
        5/7/2013Listed for sale$212,500-21.9%$101/sqft
        Source: Coldwell Banker Evergreen Olympic Realty, Inc. #483007 Report a problem
        6/26/2007Sold$272,000$129/sqft
        Source: NWMLS as distributed by MLS GRID #27031616 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,979 +16.2%$469,900 +7.4%
        2023$4,285 +1.7%$437,700 +2.5%
        2022$4,213 0%$426,900 +21%
        2021$4,214 +12.4%$352,900 +20.8%
        2020$3,750 +26.3%$292,100 +5.1%
        2019$2,969 -12.6%$277,900 +6.7%
        2018$3,397 +24.8%$260,400 +14.2%
        2017$2,722 $228,100 +5.2%
        2016$2,722 $216,900 +9.3%
        2014$2,722 $198,400 +0.6%
        2013-- $197,300
        2012$2,411 --
        2011-- --
        2010-- --
        2009$2,318 --
        2008-- --
        2007$2,372 -33.8%--
        2006$3,580 +61.9%--
        2005$2,211 --
        2004-- --
        2002-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98513

        Getting around

        9 / 100
        Car-Dependent
        30 / 100
        Some Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Seven Oaks Elem
        • Middle: Nisqually Mid
        • High: River Ridge High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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