Listed by Windermere Real Estate/East, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

11381 SE 78th Terrace Newcastle, WA 98056

Estimated Value: $2,424,000 - $2,573,852

5 Beds
5.5 Baths
4,123 Sq Ft
$604/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $2,200,000 $534 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $15,119/month

91 Days on Market

Highlights

  • New Construction
  • Property is near public transit
  • Vaulted Ceiling
  • Hazelwood Elementary School Rated 10
  • Territorial View
  • Engineered Wood Flooring

About This Home

As of December 2022

Murray Franklyn new homes at the Enclave at Newcastle. Desirable Rockford floorplan on homesite 4 features 5 bedrooms, 5.5 bathrooms including main floor guest suite, main floor den/office and huge recreation room. Buyer bonus $50,000 interest rate buy down promotion! Completed and ready to move in! Stunning kitchen opens to the two story family room with wall of windows. Covered patio with outdoor fireplace. Generous owners suite features bathroom with gorgeous shower, freestanding tub & huge walk-in closet. One upstairs bedroom offers its own en suite bathroom. 3 car side by side garage. Spacious backyard with plenty of play space and privacy. Easy convenient access to I-405, walking distance to highly rated schools, shopping and parks.

Last Agent to Sell the Property

Stephen Tainter

Windermere Real Estate/East License #25037 Listed on: 07/13/2022

Windermere Real Estate/East

Last Buyer's Agent

Ken Williams

John L. Scott, Inc License #20231

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1968262

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,908

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,697 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Territorial
  • Limited

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 4,123 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Hazelwood Elementary School
  • Risdon Middle School
  • Hazen Snr High School

Utilities

  • Heat Pump System
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Murray Franklyn
  • Newcastle Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 2346000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,908

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Enclave at Newcastle
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 4123
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-08-25
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Living Area: 4123
  • Main Level Bedrooms: 1
  • Bathrooms: 4.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 4123
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Partial, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Murray Franklyn
  • Direction Faces: West
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air,Heat Pump
  • WaterHeaterLocation: Garage

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Renton
  • High School: Hazen Snr High
  • Middle Or Junior School: Risdon Middle School

Lot Info

  • Parcel Number: 2346000040
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1997
  • Lot Size Sq Ft: 8697
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Builder Plans
  • ZoningJurisdiction: City
  • LotNumber: 4

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Hazelwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Nov 29, 2022
Sold by
Kensington Builders Llc
Bought by
Williams Kenneth and Williams Lynette
Seller's Agent
Stephen Tainter
Windermere Real Estate/East
Buyer's Agent
Ken Williams
John L. Scott, Inc
List Price
$2,299,990
Sold Price
$2,200,000
Premium/Discount to List
-$99,990
-4.35%
Views
8
Current Estimated Value
$2,491,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,713
Avg. Annual Appreciation
4.51%
Original Mortgage
$1,760,000
Outstanding Balance
$1,697,641
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
$794,072
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Kenneth $2,200,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kenneth $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $2,200,000 -4.3% $534 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $2,299,990 0.0% $558 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $2,299,990 +2.2% $558 / Sq Ft
07/13/2022 07/13/22 For Sale $2,249,990 -- $546 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,908 $2,434,000 $713,000 $1,721,000
2023 $20,420 $2,050,000 $602,000 $1,448,000
2022 $5,648 $2,465,000 $731,000 $1,734,000
2021 $0 $550,000 $550,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1968262

Northwest Multiple Listing Service (NWMLS)

APN: 234600-0040