1505 Milbanke Dr SE

Olympia, WA 98513

$519,950
Price
3
Beds
1,804 Sq. Ft.
$288 / Sq. Ft.
1,804
Sq. Ft.
$288
per Sq. Ft.

Description

You're going to love this well-maintained, single-story 3-bedroom in the desirable Madrona Park community! Brand new flooring in main living space and primary bedroom. A large flex room located just off the entry could be a dining room, cozy den or home office. Beautiful kitchen upgrades as well as a new roof in 2018/2019. Vaulted ceilings extend throughout the main living, flex room and foyer, creating a spacious feel. Enjoy a cozy gas fireplace in the living room, while the flex room is brightened...You're going to love this well-maintained, single-story 3-bedroom in the desirable Madrona Park community! Brand new flooring in main living space and primary bedroom. A large flex room located just off the entry could be a dining room, cozy den or home office. Beautiful kitchen upgrades as well as a new roof in 2018/2019. Vaulted ceilings extend throughout the main living, flex room and foyer, creating a spacious feel. Enjoy a cozy gas fireplace in the living room, while the flex room is brightened by large windows. The large primary suite features a 5-piece bathroom and spacious walk-in closet. Stay cool in the summer with central AC, and keep your lawn looking great with an underground sprinkler system. Close to I-5, bases and shopping.
  1. Listed by Lisa Marie Wagner • Better Properties N. Proctor
  2. Listed by Claudia Swanson • Better Properties N. Proctor

Property Details for 1505 Milbanke Drive Southeast

Community Name
Madrona Park
School District
North Thurston
Number of Assigned Spaces
2
Total Covered Parking
2
Entry Date
06-06-2025
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 07/17/2025 01:31 PM

Property Details for 1505 Milbanke Drive Southeast

StatusActive
MLS #2387672
Days on Market42
Cumulative Days on Market49
Taxes$4,789 / year
HOA Fees$203
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built2000
Lot Size0.17 AC / 7,227 SF
CountyThurston County

Location

Listing Courtesy of Better Properties N. Proctor
Add your commute

Building Information for 1505 Milbanke Drive Southeast

Stories-Year Built2000Building Size-Lot Size0.17 AC / 7,227 SF

Payment Calculator

$3,326 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,724

Property Taxes

$399

HOA Dues

$203

The Payment Calculator is for illustrative purposes only.

Property Information for 1505 Milbanke Drive Southeast

Summary
Location and General Information
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Site Features: Cable TV, Deck, Fenced-Fully, Sprinkler System
  • Area: 451 - Hawks Prairie
  • Elementary School: Seven Oaks Elem
  • Middle Or Junior School: Nisqually Mid
  • High School: River Ridge High
  • Effective Year Built Source: Public Records
  • Directions: From I-5 Take exit 111. Head south on Marvin Rd, At roundabout, turn left on Pacific Ave SE (hwy 510), Left on Chatham Dr, Take immediate right on Milbanke Dr, House on the left.
  • Property Sub Type: RESI
  • Bus Line Nearby: true
  • View: No
  • Waterfront: No
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2025
  • Association Phone: 800-537-9619
Parking
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Garage-Attached
  • Open Parking: No
  • Parking Features: Attached Garage
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Full Baths Lower: 0
  • Full Baths Main: 2
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 2
Bedroom Information
  • Bedrooms Main: 3
  • Bedrooms Upper: 0
  • Bedrooms Lower: 0
  • Bedrooms Possible: 3
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Carpet
  • Basement: None
  • Features: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Water Heater Location: Garage
  • Room and Floor: Den/Office-Main, Dining Room-Main, Entry Hall-Main, Kitchen With Eating Space-Main, Living Room-Main, Primary Bedroom-Main, Utility Room-Main, Bathroom Full-Main, Bedroom-Main
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Cooling: Yes
  • Cooling: Central A/C
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
  • Water Heater Type: Gas
  • Room List: Den/Office, Dining Room, Entry Hall, Kitchen With Eating Space, Living Room, Primary Bedroom, Utility Room, Bathroom Full, Bedroom
  • Number Of Showers: 2
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Appliances That Stay: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Power Company: PSE
  • Sewer Company: City of Lacey
  • Water Company: City of Lacey
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Foundation: Poured Concrete
  • Level: One
  • Lot Topography: Level,Terraces
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2000
  • Photos Count: 38
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 60330020400
  • Calculated Square Footage: 1804
  • Structure Type: House
  • Square Footage Finished: 1804
  • Square Footage Unfinished: 0
  • Building Area Total: 1804.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Vacant
  • Land Lease: No

Property History for 1505 Milbanke Drive Southeast

DateEvent & SourcePriceAppreciation
Jul 9, 2025

Price Change

NWMLS #2387672

$519,950—
Jun 6, 2025

Listed (Active)

NWMLS #2387672

$524,950—
Jul 8, 2022

Sold

NWMLS #1939010

$465,000—
Jul 7, 2022

Sold (Public Record)

Public Record #1493122091

$465,000

+13.1% / yr

Jun 16, 2022

Price Change

NWMLS #1939010

$469,900—
Jun 16, 2022

Pending

NWMLS #1939010

—
May 26, 2022

Listed (Active)

NWMLS #1939010

$489,900—
Nov 2, 2018

Sold

NWMLS #1344396

$294,900—
Oct 24, 2018

Sold (Public Record)

Public Record #633802073

$294,900

+7.7% / yr

Oct 1, 2018

Pending

NWMLS #1344396

—
Aug 10, 2018

Listed (Active)

NWMLS #1344396

$290,000—
Jul 30, 2014

Sold

NWMLS #655612

$214,900—
Jul 28, 2014

Sold (Public Record)

Public Record #420890663

$214,900

-0.9% / yr

Jun 29, 2014

Pending

NWMLS #655612

—
Jun 23, 2014

Listed (Active)

NWMLS #655612

$219,500—
Sep 30, 2005

Sold (Public Record)

Public Record #165762782

$232,989—
Sep 30, 2005

Sold

NWMLS #25123299

$232,990—
Sep 12, 2005

Pending

NWMLS #25123299

—
Aug 18, 2005

Listed (Active)

NWMLS #25123299

$229,990—
DateEvent & SourcePrice
07/09/2025

Price Change

NWMLS #2387672

$519,950
06/06/2025

Listed (Active)

NWMLS #2387672

$524,950
07/08/2022

Sold

NWMLS #1939010

$465,000
07/07/2022

Sold (Public Record)

Public Record #1493122091

$465,000

+13.1% / yr

06/16/2022

Price Change

NWMLS #1939010

$469,900
06/16/2022

Pending

NWMLS #1939010

—
05/26/2022

Listed (Active)

NWMLS #1939010

$489,900
11/02/2018

Sold

NWMLS #1344396

$294,900
10/24/2018

Sold (Public Record)

Public Record #633802073

$294,900

+7.7% / yr

10/01/2018

Pending

NWMLS #1344396

—
08/10/2018

Listed (Active)

NWMLS #1344396

$290,000
07/30/2014

Sold

NWMLS #655612

$214,900
07/28/2014

Sold (Public Record)

Public Record #420890663

$214,900

-0.9% / yr

06/29/2014

Pending

NWMLS #655612

—
06/23/2014

Listed (Active)

NWMLS #655612

$219,500
09/30/2005

Sold (Public Record)

Public Record #165762782

$232,989
09/30/2005

Sold

NWMLS #25123299

$232,990
09/12/2005

Pending

NWMLS #25123299

—
08/18/2005

Listed (Active)

NWMLS #25123299

$229,990

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1505 Milbanke Drive Southeast

Taxable ValueLand$136,500Additions$315,100Total$451,600
Tax Record2025$4,789 ($399 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,804 SqFtAbove Ground SqFt1,804 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built2000CountyTHURSTONAPN6033-00-20400Fireplace TypeHas Fireplace

Schools near 1505 Milbanke Drive Southeast

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Seven Oaks Elementary School
PublicPK to 5

Nisqually Middle School
Public6 to 8

River Ridge High School
Public9 to 12

Salish Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1505 Milbanke Drive Southeast is a single family home for sale in Olympia, WA 98513. This property was listed for sale on June 6, 2025 by Better Properties N. Proctor, it's currently listed at $519,950. It has been on the market for a total of 42 days and was last sold on July 8, 2022. This listing's school district is North Thurston Public Schools. Nearby schools include Seven Oaks Elementary School, Nisqually Middle School and River Ridge High School. 1505 Milbanke Drive Southeast is a 3-bed, 2-bath, 1,804 sqft single family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Properties N. Proctor

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/18/2025 04:36 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.