1 of 38

Want to see this home?

Listing courtesy of NWMLS / Better Properties N. Proctor

1505 Milbanke Drive SE

Olympia, WA 98513

3 beds
2 baths
1,804 sqft
7,227 sqft lot
$290 per sqft
2000 build

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.

Listing courtesy of NWMLS / Better Properties N. Proctor

Last checked: Checking… • Last updated Jun 7, 2025 •

MLS# 2387672 —

The Building

Year Built:

2000
Year Built:

2000
Year Built Source:

Public Records
New Construction:

false
Building Information:

Built On Lot
Structure Type:

House
Roof:

Composition
Entry Location:

Main
Foundation Details:

Poured Concrete
Basement:

None
Security Features:

Fully Fenced
Exterior Features:

Wood Products
Levels:

One
Building Area Total:

1804
Building Area Units:

Square Feet
Calculated SqFt:

1804
SqFt Source:

Realist
Construction Materials:

Wood

Interior

Interior Features:

Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Laminate, Walk-In Pantry, Water Heater
Living Area:

1804
Flooring:

Ceramic Tile, Laminate, Vinyl, Carpet
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas
Main Level Fireplace:

1
Finished SqFt:

1804

Financial & Terms

Possession:

Closing

Location

Latitude:

47.037799
Longitude:

-122.750285
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.

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Parcel Number:

60330020400
Lot Features:

Curbs, Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.1659
Lot Size SqFt:

7227
Lot Size Source:

Realist
Land Lease:

false
View:

false
Waterfront:

false
Topography:

Level,Terraces
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

4789

Beds

Bedrooms Total:

3
Bedrooms Possible:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Baths:

2
Full Baths:

2
Main Full Baths:

2
Main Level Bathrooms:

2
# of Bathtubs:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Central A/C
Heating:

Forced Air

Utilities

Water Company:

City Of Lacey
Water Heater Location:

Garage
Water Heater Type:

Gas
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Lacey
Power Company:

Pse
Cable Connected:

Xfinity

Appliances

Appliances:

Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Appliances Included:

Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Schools

Elementary School:

Seven Oaks Elem
Middle Or Junior School:

Nisqually Mid
High School:

River Ridge High
High School District:

North Thurston

The Community

Subdivision Name:

Madrona Park
Senior Community:

false
Bus Line Nearby:

true
Association Fee:

202.5
Association Fee Frequency:

Semi-Annually
Association Contact Name:

Vis Group/Deborah
Association:

true

Parking

Parking Total:

2
Parking Features:

Attached Garage
Open Parking:

false
Garage:

true
Garage Spaces:

2
Attached Garage:

true
Garage SqFt:

420
Carport:

false
Covered Spaces:

2

Listing courtesy of NWMLS / Better Properties N. Proctor

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sat Jun 07 2025 08:24 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Monthly cost estimate

Asking price

$524,950

Expense	Monthly cost
Mortgage	$2,810
Taxes	$399
Insurance	$144
HOA fees	$34
Utilities	$118 See report
Total	$3,505/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/6/25 Jun 6, 2025	Listed / Active	NWMLS	$524,950	12.9% (4.4% / YR)
7/8/22 Jul 8, 2022		NWMLS	$465,000	-1.0%
6/16/22 Jun 16, 2022		NWMLS	$469,900

41% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $10k above asking price on average, but some went as high as $40k over asking price.

Want a closer look?

Go see 1505 Milbanke Drive SE

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in 98513

Similar sold homes

This house located in Meadows, WA 98513 is currently for sale for $524,950. 1505 Milbanke Drive SE is a 1,804 square foot house with 3 beds and 2 baths. 1505 Milbanke Drive SE is in the Meadows neighborhood of Olympia. This house is in the attendance area of Nisqually Middle School, Seven Oaks Elementary School, and River Ridge High School.

Listing courtesy of NWMLS / Better Properties N. Proctor

Disclaimer: The information contained in this listing has not been verified by Better Properties N. Proctor and should be verified by the buyer.