NOT LISTED FOR SALE

12440 Koeppen Rd SE Rainier, WA 98576

Estimated Value: $1,849,574 - $2,023,000

4 Beds
3 Baths
3,862 Sq Ft
$495/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $1,800,000 $466 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,387/month

271 Days on Market

Highlights

  • Barn
  • Sauna
  • 34.82 Acre Lot
  • Indoor Arena
  • RV Access or Parking
  • Fruit Trees

About This Home

As of July 2024

An exceptional equestrian estate with 2 homes, nestled on a private shy 35 acres. Here is your own personal equine paradise. This farm checks all the boxes. Indoor arena w/premier equestrian footing. Viewing room/office. Outdoor arena. 4 barns. Main barn, 2 large pasture barns and shed row. Large attached paddocks w/no mud footing and drainage system. Pipe fencing. 3862 sqft 4 bd/3 bth log home. Acacia wood, travertine, slate and stone flooring. Radiant floor heating. Living room wall of windows. Beautiful pastoral views. Sauna, sunroom and jacuzzi tub. Cobblestone courtyard. 3 car heated garage. 7 bay equip shed. 700 sqft apt. Perfect for livestock. Zoned 1/5.

Last Agent to Sell the Property

Cari Dinelt

Terry Wise & Associates License #73649 Listed on: 08/10/2023

Last Buyer's Agent

Cari Dinelt

Terry Wise & Associates License #73649 Listed on: 08/10/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2147364

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,427

Year Built

  • Built in 1974

Lot Details

  • 34.82 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot
  • Garden

Parking

  • 12 Car Detached Garage
  • Detached Carport Space
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Log Siding
  • Wood Composite

Interior Spaces

  • 3,862 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Sauna
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Slate Flooring
  • Travertine

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Additional Homes

  • 700 SF Accessory Dwelling Unit
  • ADU includes 1 Bedroom and 1 Bathroom

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Indoor Arena
  • Stables
  • Arena

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rainier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21602210000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,427

Year Built

Built in 1974

Lot Details

0

Parking

12

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 4562
  • SeniorExemption: false
  • AccessoryDwellingUnit: Detached Dwelling
  • DetachedDwellingSqFtFinished: 700
  • Special Features: VirtualTour
  • Cumulative Days on Market: 669

Interior Features

  • Fireplaces: 3
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Slate, Stone, Travertine
  • Interior Amenities: Hardwood, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Sprinkler System, Dining Room, Fireplace (Primary Bedroom), French Doors, Jetted Tub, Sauna, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Fireplace, Water Heater
  • Living Area: 3862
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Bathrooms: 3
  • BathsFullMain: 3
  • FireplacesMain: 3
  • SquareFootageFinished: 3862
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • ADUBaths: 1
  • ADUBeds: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Log, Wood Products
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 12
  • Garage Spaces: 12
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Detached Garage
  • Total Parking Spaces: 12

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: SecurityGate, PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • WaterHeaterLocation: Laundry room
  • WaterHeaterType: Electric
  • CableConnected: Consolidated Communications
  • InternetConnected: Consolidated Communications

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Rainier

Lot Info

  • Parcel Number: 21602210000
  • Topography: Equestrian,Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 34.8199
  • Lot Size Sq Ft: 1516759
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Arena-Indoor,Arena-Outdoor,Barn,Cable TV,Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Patio,Propane,RV Parking,Shop,Sprinkler System,Stable
  • MLSLotSizeSource: Tax Assessor
  • MLSSquareFootageSource: Tax Assessor
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Wood

Tax Info

  • Year: 2023
  • Tax Annual Amount: 12427

Multi Family

  • Total Actual Rent: 3200
  • EnergySource: Electric,Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Jun 27, 2024
Sold by
Perkins Sara L
Bought by
Cottine Cheryl L and Kern Margaret G
Seller's Agent
Cari Dinelt
Terry Wise & Associates
Buyer's Agent
Cari Dinelt
Terry Wise & Associates
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Total Days on Market
271
Views
201
Current Estimated Value
$1,913,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,191
Avg. Annual Appreciation
4.50%
Original Mortgage
$995,000
Outstanding Balance
$987,515
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$904,247

Purchase Details

Closed on
Feb 12, 2015
Sold by
Tran Co
Bought by
Perkins Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2013
Sold by
Tran Co
Bought by
Perkins Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 2007
Sold by
Epping Daniel P
Bought by
Tran Co

Purchase Details

Closed on
Jun 12, 2006
Sold by
Jag We Hanifah M
Bought by
Epping Daniel

Purchase Details

Closed on
Jun 7, 2006
Sold by
Showcase Farms Llc
Bought by
Jag We Hanifah M and Epping Daniel P

Purchase Details

Closed on
Dec 18, 2003
Sold by
Cobler William E and Cobler Betsy J
Bought by
Showcase Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
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
Cottine Cheryl L $1,846,750 Stewart Title
Perkins Sara L $885,000 Ticor Title Company
Perkins Sara $885,000 Thurston County Title
Tran Co -- First American Title
Epping Daniel $99,500 First American Title
Jag We Hanifah M $1,593,807 First American Title
Showcase Farms Llc -- Transnation Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottine Cheryl L $995,000
Previous Owner Perkins Sara L $534,000
Previous Owner Perkins Sara L $716,000
Previous Owner Perkins Sara $765,000
Previous Owner Epping Daniel P $390,000
Previous Owner Showcase Farms Llc $300,000
Previous Owner Showcase Farms Llc $447,667
Previous Owner Showcase Farms Llc $425,000
Closed Showcase Farms Llc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $1,800,000 -7.7% $466 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $1,950,000 0.0% $505 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
10/11/2023 10/11/23 Price Changed $1,950,000 -15.2% $505 / Sq Ft
08/10/2023 08/10/23 For Sale $2,300,000 -- $596 / 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 $11,539 $1,467,480 $38,880 $1,428,600
2023 $11,539 $1,241,810 $44,210 $1,197,600
2022 $10,990 $1,394,070 $18,870 $1,375,200
2021 $9,855 $1,068,070 $18,870 $1,049,200
2020 $10,143 $953,180 $18,880 $934,300
2019 $8,522 $891,910 $20,210 $871,700
2018 $10,325 $822,540 $17,640 $804,900
2017 $9,555 $781,490 $17,290 $764,200
2016 $7,968 $601,450 $16,950 $584,500
2014 -- $597,950 $16,950 $581,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2147364

Northwest Multiple Listing Service (NWMLS)

APN: 21602210000