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  • Listed by: Century 21 Van Dorm Realty • Anna Lisa Schorn
    Bought with: Windermere Abode
    $531,000

    8935 Milbanke Drive SE, Olympia, WA 98513

    5beds
    2,296sqft
    Single Family Residence
    Built in 1998
    7,200 Square Feet Lot
    $528,500 Zestimate®
    $231/sqft
    $2,935 Estimated rent

    Home value

    $528,500

    $492,000 - $571,000

    $2,935/mo

    Zestimate® history
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    What's special

    Remodeled kitchenOversized primary bedroomJetted tubEnclosed patioSpacious home
    Need 5 bedrooms? Or maybe 4 and an office? Then this lovely 2,296 sqft spacious home is for you! Wonderfully maintained & located in the highly sought after neighborhood of Madrona Park. Completed 1 year ago, luxury vinyl planking throughout the downstairs, a beautifully remodeled kitchen, interior paint, new carpet & insulated garage door. Large living room w/formal dining for entertaining, or cozy up to the fireplace in your family room/kitchen area. Upstairs luxuriate in your oversized primary bedroom w/attached 5 piece bath that boasts a jetted tub & upgraded vanity/lights. 3 more roomy bedrooms & full bath upstairs. Roof only 8 years old, storage shed & enclosed patio for private entertaining. Close to shopping, restaurants & JBLM!

    Zillow last checked:

    Listing updated:

    Listed by:

    Anna Lisa Schorn,

    Century 21 Van Dorm Realty

    Bought with:

    Jana Ross, 27468

    Windermere Abode

    Source: NWMLS as distributed by MLS GRID,MLS#: 2405465MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    Other
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Natural Gas
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Garage
    Features
    • Bath Off Primary, Dining Room, High Tech Cabling
    • Flooring: Ceramic Tile, Vinyl Plank, Carpet
    • Windows: Double Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 2,296
    • Total interior livable area: 2,296 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Jetted Tub, Sprinkler System, Walk-In Pantry, Water Heater
    • Spa features: Bath
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 7,200 Square Feet
    • Features: Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Sprinkler System
    • Topography: Level,Partial Slope
    Details
    • Parcel number: 60330009900
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 2 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1998
    • Major remodel year: 1998

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: CCRs, Park, Playground
    • Subdivision: Madrona Park
    HOA
    • HOA fee: $35 monthly
    • HOA phone: 800-537-9619
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $497,800
    • Annual tax amount: $5,268
    • Date on market: 9/3/2025
    • Cumulative days on market: 322 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    8/11/2025Sold$531,000+1.2%$231/sqft
    Source: NWMLS as distributed by MLS GRID #2405465 Report a problem
    7/18/2025Pending sale$524,900$229/sqft
    Source: NWMLS as distributed by MLS GRID #2405465 Report a problem
    7/10/2025Listed for sale$524,900+238.6%$229/sqft
    Source: NWMLS as distributed by MLS GRID #2405465 Report a problem
    7/12/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/2/2024Listed for rent$2,950$1/sqft
    Source: Zillow Rentals Report a problem
    11/10/2010Sold$155,000-31%$68/sqft
    Source: NWMLS as distributed by MLS GRID #26715 Report a problem
    5/14/2010Listing removed$224,500$98/sqft
    Source: RealEstateShows.com #29090257 Report a problem
    8/9/2009Price change$224,500-10.2%$98/sqft
    Source: RealEstateShows.com #29090257 Report a problem
    6/26/2009Listed for sale$249,900-15.8%$109/sqft
    Source: RealEstateShows.com #29090257 Report a problem
    6/4/2007Sold$296,685+115.8%$129/sqft
    Source: NWMLS as distributed by MLS GRID #27033876 Report a problem
    9/19/2001Sold$137,483-8.7%$60/sqft
    Source: Public Record Report a problem
    5/20/1998Sold$150,550$66/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,268 +15.6%$497,800 +6.8%
    2023$4,556 +0.1%$466,200 +0.8%
    2022$4,553 +0.6%$462,300 +21.8%
    2021$4,525 +13.4%$379,700 +21.9%
    2020$3,992 +26.5%$311,500 +4.2%
    2019$3,155 -13%$299,000 +7.8%
    2018$3,628 +23.4%$277,400 +13.3%
    2017$2,940 $244,800 +5.2%
    2016$2,940 $232,750 +8.3%
    2014$2,940 $214,850 +0.6%
    2013-- $213,600
    2012$2,734 --
    2011-- --
    2010-- --
    2009$2,605 --
    2008-- --
    2007$2,644 -26.1%--
    2006$3,578 +60.6%--
    2005$2,228 --
    2004-- --
    2002-- --
    2001$2,376 +1.9%$149,700 +4%
    2000$2,332 $143,900
    Find assessor info on the county website

    Neighborhood: 98513

    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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    Estimated market value
    $528,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $528,500