NOT LISTED FOR SALE

12429 Koeppen Rd SE Rainier, WA 98576

Estimated Value: $688,000 - $805,000

3 Beds
2 Baths
1,876 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $630,000 $336 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,631/month

5 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Fruit Trees
  • Stables
  • Craftsman Architecture
  • Deck

About This Home

As of July 2021

Gated equestrian property! One-story home features massive deck and hot tub, 3 bedrooms, 2 baths and an office, with 2 family rooms, but step outside and see the incredible mature landscaping, pond, seasonal creek, all-seasons pastures fenced-and cross-fenced and professional quality 36x36 barn / shop with 3 stalls, a feed room, a tack room, and an upstairs heated and cooled office space which is currently functioning 1 bedroom apartment. Additional outbuildings include storage building, 2-stall lean-to, chicken house and well house. Home is on an individual well and septic, and no HOA. Fenced and cross-fenced with irrigation for watering, hay or critters. Don’t miss the garden and dog run too!

Last Agent to Sell the Property

Jessica Ward

Keller Williams Realty PS License #25780 Listed on: 06/11/2021

Keller Williams Realty PS

Last Buyer's Agent

Nicole Braam

Berkshire Hathaway HS NW License #25954

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1790297

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,642

Year Built

  • Built in 1995

Lot Details

  • Open Space
  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Rainier Community

Listing and Financial Details

  • Assessor Parcel Number 21602210900

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,642

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot, G
  • Entrance Level: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Hot Tub/Spa, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1876
  • Square Footage Finished: 1876

Exterior Features

  • Exterior: Brick, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street, K
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump, Ductless Hp-Mini Split
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Well
  • Water Heater: Laundry room-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Rainier

Schools

  • Elementary School: Rainier Primary Sch
  • Middle School: Rainier Mid
  • High School: Rainier Snr High
  • School District: RAI

Lot Info

  • Lot Details: Open Space, Paved Street, Secluded
  • Lot Sq Ft: 202118
  • Lot Topography Vegetation: Equestrian, Fruit Trees, Garden Space, Level, Wooded
  • Parcel Number: 21602210900
  • Lot Topography: Equestrian, Fruit Trees, Garden Space, Level, Wooded

Tax Info

  • Tax Amount: 4342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 6, 2021
Sold by
Archer Joseph and Archer Elizabeth
Bought by
Merchain Daniel and Merchain Sheila
Seller's Agent
Jessica Ward
Keller Williams Realty PS
Buyer's Agent
Nicole Braam
Berkshire Hathaway HS NW
List Price
$585,000
Sold Price
$630,000
Premium/Discount to List
$45,000
7.69%
Total Days on Market
5
Current Estimated Value
$763,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,708
Avg. Annual Appreciation
4.93%
Original Mortgage
$652,680
Outstanding Balance
$598,587
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$168,745

Purchase Details

Listed on
Jun 8, 2016
Closed on
Feb 7, 2017
Sold by
Penrod Stewart C and Penrod Gail C
Bought by
Archer Joseph and Archer Elizabeth
Seller's Agent
Stephanie Crone
Yelm Windermere
Buyer's Agent
Jessica Ward
Keller Williams Realty PS
List Price
$378,000
Sold Price
$350,000
Premium/Discount to List
-$28,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$339,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2012
Sold by
Sadie John P and Sadie Jerri A
Bought by
Penrod Stewart C and Penrod Gail C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
3.53%
Mortgage Type
VA

Purchase Details

Closed on
May 22, 1998
Sold by
Sadie John P
Bought by
Sadie John P and Sadie Jerri A

Purchase Details

Closed on
Mar 30, 1995
Sold by
Hodges James W and Hodges Rose
Bought by
Sadie John P and Sadie Kristie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
8.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Merchain Daniel $732,941 Stewart Title
Archer Joseph $349,719 Thurston County Title Co
Penrod Stewart C $362,000 First American Title
Sadie John P -- --
Sadie John P $195,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merchain Daniel $652,680
Previous Owner Archer Joseph $343,500
Previous Owner Archer Joseph $339,500
Previous Owner Penrod Stewart C $362,000
Previous Owner Sadie John P $315,000
Previous Owner Sadie John P $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $630,000 +7.7% $336 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $585,000 +67.1% $312 / Sq Ft
02/09/2017 02/09/17 Sold $350,000 -5.3% $187 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $369,500 -9.9% $197 / Sq Ft
06/09/2016 06/09/16 Price Changed $410,000 +8.5% $219 / Sq Ft
06/08/2016 06/08/16 For Sale $378,000 -- $201 / 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 $5,642 $637,900 $174,400 $463,500
2023 $5,642 $603,000 $171,900 $431,100
2022 $4,995 $590,600 $120,700 $469,900
2021 $4,342 $481,100 $129,000 $352,100
2020 $4,199 $415,700 $101,000 $314,700
2019 $3,658 $365,000 $82,000 $283,000
2018 $4,254 $335,300 $58,600 $276,700
2017 $3,929 $317,600 $56,500 $261,100
2016 $3,669 $284,100 $79,700 $204,400
2014 -- $272,550 $73,050 $199,500
Source: Public Records

Agents Affiliated with this Home

  • Jessica Ward

    Seller's Agent in 2021

    Jessica Ward

    Keller Williams Realty PS

    (253) 350-5427

    117 Total Sales

    Section Image
  • Nicole Braam

    Buyer's Agent in 2021

    Nicole Braam

    Berkshire Hathaway HS NW

    (360) 562-0284

    144 Total Sales

    Section Image
  • Stephanie Crone

    Seller's Agent in 2017

    Stephanie Crone

    Windermere Corporate

    (253) 212-8300

    104 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1790297

Northwest Multiple Listing Service (NWMLS)

APN: 21602210900

Washington Thurston County Rainier 98576

12429 Koeppen Rd SE, Rainier, WA

This home is located at 12429 Koeppen Rd SE, Rainier, WA 98576 since 11 June 2021 and is currently estimated at $763,708, approximately $407 per square foot. This property was built in 1995. 12429 Koeppen Rd SE is a home located in Thurston County with nearby schools including Rainier Elementary School, Rainier Middle School, and Rainier Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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