Listed by COMPASS, Bought with RE/MAX Extra Inc.
$620,000
SOLD FEB 14, 2025

16224 Reichel Rd SE Rainier, WA 98576

5 Beds
3 Baths
3,112 Sq Ft
4.71 Acres

Recently Sold

$199 Per Sq Ft

3% Above List Price

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Stables
  • Fruit Trees
  • Deck

About This Home

As of February 2025

If you dream it, this property can do it! Shy 5 acres offers abundant opportunities. Fully fenced also presents separate spaces within for livestock, equestrian activities, harvesting, hospitality, business vehicle storage/parking. Enclosed porch ramp from covered carport into home provides accessible main floor: primary ensuite, addtl full bath & 2nd bed. 3 beds & .75 bath up. Suitable multi-generational living, in-home care, short term guests... New kitchen appliances, sprawling pantry, & the stunner: the great room, under beautiful tongue & groove, drowning in natural light w/ sweeping views of your pastures. Just as generous: wrap-around composite deck, barn, unfnshd bsmt/wkshp, 6 covered pkg, majestic sunrise views, 10 mins to dt Yelm!

Last Agent to Sell the Property

Trish Stone

COMPASS License #127418 Listed on: 12/12/2024

COMPASS

Last Buyer's Agent

Don Goethals

RE/MAX Extra Inc. License #5573

RE/MAX Extra Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2315599

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 1901

Lot Details

  • 4.71 Acre Lot
  • Open Space
  • South Facing Home
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in good condition
  • Zoning described as RRR1/5

Parking

  • 6 Car Attached Garage
  • Attached Carport
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,112 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • French Doors
  • Dining Room
  • Storm Windows
  • Unfinished Basement

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rainier Rural Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,972

Year Built

Built in 1901

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 1901
  • Inclusions: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • New Construction: No
  • CalculatedSquareFootage: 3112
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2315599?w=Consumer&agent=111699
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Unfinished
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Pellet Stove, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Laminate, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater
  • Living Area: 3112
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 3112
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Open Space, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway, Attached Garage, Off Street, RV Parking
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: Heat Pump, Insert
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric
  • InternetConnected: StarLink

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Yelm
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 22630410000
  • Topography: Equestrian,Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 4.71
  • Lot Size Sq Ft: 205168
  • Zoning Description: RRR1/5
  • Zoning: RRR1/5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Barn,Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking,Stable
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Pellet, See Remarks, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4972

Multi Family

  • EnergySource: Electric,Pellet,See Remarks,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jan 31, 2025
Sold by
Meneghel Iris B
Bought by
Erickson Teagon Joel
Seller's Agent
Trish Stone
COMPASS
Buyer's Agent
Don Goethals
RE/MAX Extra Inc.
List Price
$600,000
Sold Price
$620,000
Premium/Discount to List
$20,000
3.33%
Views
168
Current Estimated Value
$674,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,010
Avg. Annual Appreciation
11.30%
Original Mortgage
$620,000
Outstanding Balance
$616,316
Interest Rate
6.91%
Mortgage Type
VA
Estimated Equity
$57,694

Purchase Details

Listed on
Sep 28, 2022
Closed on
Feb 17, 2023
Sold by
Lloyd Kenneth Reichel Testamentary Speci
Bought by
Meneghel Iris B
Seller's Agent
Cat Larrow
Terry Wise & Associates
Buyer's Agent
Trish Stone
COMPASS
List Price
$610,000
Sold Price
$610,000
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$518,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2018
Sold by
Westbrook Thomas J
Bought by
Testamen Fuhlman Susan and Lloyd Kenneth Reichel Testamentary Speci

Purchase Details

Closed on
May 25, 2007
Sold by
Robertson Dencil D
Bought by
Reichel Lloyd C and Reichel Jeanette

Purchase Details

Closed on
Mar 23, 2001
Sold by
Reichel Chester L
Bought by
Reichel Chester L and Reichel Lloyd C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $721,307 Chicago Title
Warranty Deed $709,673 Equity Title
Personal Reps Deed -- None Available
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 VA
Previous Owner $518,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Sold $620,000 +3.3% $199 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
12/12/2024 12/12/24 For Sale $600,000 -1.6% $193 / Sq Ft
02/22/2023 02/22/23 Sold $610,000 0.0% $196 / Sq Ft View Prior Sale
01/07/2023 01/07/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $610,000 0.0% $196 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $610,000 -2.4% $196 / Sq Ft
09/28/2022 09/28/22 For Sale $625,000 -- $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 $4,972 $557,100 $189,900 $367,200
2023 $4,972 $514,700 $192,000 $322,700
2022 $4,918 $505,700 $134,200 $371,500
2021 $4,355 $449,800 $152,700 $297,100
2020 $3,245 $347,400 $81,100 $266,300
2019 $2,781 $250,000 $81,600 $168,400
2018 $8,284 $256,700 $74,800 $181,900
2017 $3,267 $242,470 $54,170 $188,300
2016 $2,825 $200,220 $54,120 $146,100
2014 -- $195,490 $53,590 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2315599

Northwest Multiple Listing Service (NWMLS)

APN: 22630410000