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  • Listed by: Redfin • Rhonda C Olnick
    $625,000

    3128 Banks Lane SW, Olympia, WA 98512

    3beds
    2,160sqft
    : 
    $3,973/mo
    Get pre-qualified
    Single Family Residence
    Built in 2008
    5,671 Square Feet Lot
    $617,300 Zestimate®
    $289/sqft
    $65/mo HOA

    What's special

    Experience contemporary living in this thoughtfully designed custom home, where modern style meets efficient, eco-conscious design. Fresh interior and exterior paint provide a crisp, updated look, while owned solar panels and an EV charger add energy-efficient convenience for today's lifestyle. A functional floor plan offers spacious bedrooms and comfortable gathering spaces that make everyday living and entertaining effortless. The generous primary suite serves as a relaxing retreat, featuring a luxurious five-piece bath and an expansive walk-in closet. Every detail of this one-of-a-kind residence was carefully planned to take full advantage of its elevated setting, capturing sweeping panoramic views that create an unforgettable backdrop throughout the home. The signature rooftop deck is the perfect destination for morning coffee, sunset dinners, or hosting guests while enjoying incredible scenery and fresh air. Large windows invite abundant natural light indoors, enhancing the open, airy feel and seamlessly connecting interior spaces with the surrounding landscape. Combining distinctive architecture, practical design, exceptional outdoor living, and thoughtful sustainable features, this remarkable property offers a rare opportunity to enjoy breathtaking views, modern comfort, and an inspired place to call home.
    24 days
    |
    583
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rhonda C Olnick,

    Redfin

    Source: NWMLS as distributed by MLS GRID,MLS#: 2557567MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bathroom full
      • Level: Lower
      Bathroom full
      • Level: Second
      Other
      • Level: Second
      Bonus room
      • Level: Third
      Dining room
      • Level: Second
      Entry hall
      • Level: Main
      Great room
      • Level: Second
      Kitchen with eating space
      • Level: Second
      Utility room
      • Level: Second
      Heating
      • Fireplace, 90%+ High Efficiency, Forced Air, Electric, Natural Gas
      Cooling
      • Forced Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Gas, Water Heater Location: Garage
      Features
      • Bath Off Primary, Pantry
      • Flooring: Bamboo/Cork, Carpet
      • Windows: Dbl Pane/Storm Window
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Gas, Upper Level: 1, Fireplace
      Interior area
      • Total structure area: 2,160
      • Total interior livable area: 2,160 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      • Uncovered spaces: 2
      Features
      • Levels: Multi/Split
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Fireplace, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
      • Has view: Yes
      • View description: Mountain(s), Ocean, Sound, Territorial
      • Has water view: Yes
      • Water view: Ocean,Sound
      Lot
      • Size: 5,671 Square Feet
      • Features: Cable TV, Deck, Electric Car Charging, Gas Available, High Speed Internet, Patio, Rooftop Deck
      • Topography: Level,Partial Slope
      Details
      • Parcel number: 66990011000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modern,Multi Level
      • Property subtype: Single Family Residence
      Materials
      • Cement/Concrete, Wood Siding, Wood Products
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Very Good
      • Year built: 2008

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: City of Tumwater
      • Water: Public, Company: City of Tumwater
      • Utilities for property: Xfinity, Xfinity

      Community & HOA

      Community
      • Features: CCRs, Park, Playground
      • Subdivision: Tumwater Hill
      HOA
      • Services included: Common Area Maintenance, Road Maintenance, Snow Removal
      • HOA fee: $65 monthly
      • HOA phone: 425-897-3400
      Location
      • Region: Tumwater

      Financial & listing details

      • Price per square foot: $289/sqft
      • Tax assessed value: $610,400
      • Annual tax amount: $5,933
      • Date on market: 7/30/2026
      • Cumulative days on market: 26 days
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        $617,300

        $586,000 - $648,000

        $2,775/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$625,000+61.9%$289/sqft
        Source: NWMLS as distributed by MLS GRID #2557567 Report a problem
        5/19/2017Sold$386,000+1.6%$179/sqft
        Source: NWMLS as distributed by MLS GRID #1103370 Report a problem
        4/18/2017Pending sale$379,900$176/sqft
        Source: Riley Jackson Real Estate Inc. #1103370 Report a problem
        4/10/2017Listed for sale$379,900-0.4%$176/sqft
        Source: Riley Jackson Real Estate Inc. #1103370 Report a problem
        10/24/2015Listing removed$1,995$1/sqft
        Source: Hometown Property Management Report a problem
        10/22/2015Price change$1,995+5%$1/sqft
        Source: Hometown Property Management Report a problem
        9/25/2015Listed for rent$1,900-4.8%$1/sqft
        Source: Hometown Property Management Report a problem
        5/30/2013Listing removed$1,995$1/sqft
        Source: Hometown Property Management Report a problem
        5/3/2013Listed for rent$1,995$1/sqft
        Source: Hometown Property Management Report a problem
        2/27/2009Sold$381,300$177/sqft
        Source: NWMLS as distributed by MLS GRID #28107370 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,096 +4.1%$610,400 +4.7%
        2023$5,859 +4.4%$583,100 +1.8%
        2022$5,613 -1.5%$573,000 +18.7%
        2021$5,701 +6.1%$482,600 +15.5%
        2020$5,375 +2.4%$417,700 +2.9%
        2019$5,247 +2.9%$406,000 -3.7%
        2018$5,100 +19.1%$421,700 +28%
        2017$4,281 $329,350 +1.1%
        2016$4,281 $325,900 +4.1%
        2014$4,281 $313,100 +3.3%
        2013-- $303,000
        2012$3,794 --
        2011-- --
        2010-- --
        2009$1,636 --
        2008-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98512

        Getting around

        36 / 100
        Car-Dependent
        43 / 100
        Some Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tumwater Hill Elem
        • Middle: Tumwater Mid

        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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