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  • Listed by: John L. Scott R.E. Lake Tapps • Derek Eyring
    Bought with: Best Choice Realty LLC
    $525,000

    1334 Milbanke Drive SE, Olympia, WA 98513

    3beds
    1,804sqft
    Single Family Residence
    Built in 1999
    7,200 Square Feet Lot
    $522,100 Zestimate®
    $291/sqft
    $2,757 Estimated rent

    Home value

    $522,100

    $486,000 - $564,000

    $2,757/mo

    Zestimate® history
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    What's special

    Mature plantingsBeautifully landscaped yardLarge primary suiteSprinkler systemWalk-in closetPrivate bathVaulted ceilings
    Don't miss this meticulously cared-for home in the desirable Madrona Park community of Olympia! This updated 3-bedroom, 2-bath residence offers a spacious, open-concept layout with vaulted ceilings—perfect for both everyday living and entertaining. The large primary suite features a generous walk-in closet and private bath. Enjoy the beautifully landscaped yard with mature plantings and backing to open pasture space , a sprinkler system, and plenty of space to relax outdoors. Additional highlights include a newer roof, forced air gas heating, a two-car garage, and thoughtful updates throughout. Conveniently located near I-5, JBLM, shopping, and local amenities—this move-in-ready gem is a must-see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Derek Eyring,

    John L. Scott R.E. Lake Tapps

    Bought with:

    Reynaldo Magno, 92343

    Best Choice Realty LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2386908MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Main
    Heating
    • Forced Air, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher(s), Microwave(s), Stove(s)/Range(s)
    Features
    • Flooring: Laminate, Vinyl, Carpet
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,804
    • Total interior livable area: 1,804 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 7,200 Square Feet
    • Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Fully, High Speed Internet, Patio
    • Topography: Level
    Details
    • Parcel number: 60330012700
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,1 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1999
    • Major remodel year: 1999

    Utilities & green energy

    • Sewer: STEP Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Madrona Park
    HOA
    • HOA fee: $203 semi-annually
    • HOA phone: 800-537-9619
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $291/sqft
    • Tax assessed value: $438,000
    • Annual tax amount: $4,689
    • Date on market: 8/12/2025
    • Cumulative days on market: 344 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Microwave(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    7/16/2025Sold$525,000-1.9%$291/sqft
    Source: NWMLS as distributed by MLS GRID #2386908 Report a problem
    6/14/2025Pending sale$534,950$297/sqft
    Source: NWMLS as distributed by MLS GRID #2386908 Report a problem
    6/11/2025Listed for sale$534,950+254.6%$297/sqft
    Source: NWMLS as distributed by MLS GRID #2386908 Report a problem
    6/7/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/31/2024Listed for rent$2,500+0.2%$1/sqft
    Source: Zillow Rentals Report a problem
    9/2/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/24/2022Listed for rent$2,495+6.2%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/19/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/11/2021Price change$2,350-7.8%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/4/2021Listed for rent$2,550+45.7%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    4/18/2018Listing removed$1,750$1/sqft
    Source: Hometown Property Management, Inc. Report a problem
    4/13/2018Listed for rent$1,750+27.3%$1/sqft
    Source: Hometown Property Management, Inc. Report a problem
    9/1/2013Listing removed$1,375$1/sqft
    Source: Hometown Property Management Report a problem
    8/7/2013Listed for rent$1,375$1/sqft
    Source: Hometown Property Management Report a problem
    9/11/2012Listing removed$1,375$1/sqft
    Source: Hometown Property Management Report a problem
    8/14/2012Price change$1,375+6.2%$1/sqft
    Source: Hometown Property Management Report a problem
    8/10/2012Listed for rent$1,295+3.6%$1/sqft
    Source: Hometown Property Management Report a problem
    10/21/2011Listing removed$1,250$1/sqft
    Source: RentalHunt.com #192558 Report a problem
    9/24/2011Price change$1,250-10.4%$1/sqft
    Source: Hometown Property Management Report a problem
    9/9/2011Listed for rent$1,395$1/sqft
    Source: Hometown Property Management Report a problem
    5/28/1999Sold$150,850$84/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,649 +14.6%$438,000 +5.9%
    2023$4,055 +4.3%$413,600 +5.2%
    2022$3,887 -0.5%$393,000 +20.3%
    2021$3,908 +12.5%$326,600 +21.1%
    2020$3,473 +25.6%$269,800 +4.7%
    2019$2,766 -12.4%$257,700 +6.5%
    2018$3,156 +23.3%$241,900 +13.8%
    2017$2,560 $212,600 +5%
    2016$2,560 $202,450 +8.8%
    2014$2,560 $186,150 +0.5%
    2013-- $185,300
    2012$2,373 --
    2011-- --
    2010-- --
    2009$2,324 --
    2008-- --
    2007$2,375 -30.2%--
    2006$3,401 +61.8%--
    2005$2,102 --
    2004-- --
    2002-- --
    2001$2,240 -2.1%$141,100
    2000$2,287 $141,100
    Find assessor info on the county website

    Neighborhood: 98513

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $522,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $522,100