NOT LISTED FOR SALE

16848 173rd Ln SE Rainier, WA 98576

Estimated Value: $427,000 - $595,000

2 Beds
2 Baths
1,329 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $370,000 $278 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,352/month

17 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Territorial View
  • Fruit Trees
  • Secluded Lot
  • 1 Fireplace

About This Home

As of July 2021

Escape to your private woodland sanctuary in Rainier Washington. This secluded charming shingle style cabin is surrounded by seven acres of lush foliage and includes additional structures and a 1,200 sq. ft. underground unit. The home features a main level open floor plan with vaulted ceilings and expansive new deck, designed to enjoy the peaceful surroundings and offers covered spaces to allow year round usage. The upper level enjoys a bedroom with large walk-in closet and extra bonus room with access to a private deck, designed to capture the tranquil views and wildlife. A wooden fence on three sides of the property provides privacy from the road and adds to the sense of being away from it all.

Last Agent to Sell the Property

Kathy Madsen

Realogics Sotheby's Int'l Rlty License #8959 Listed on: 05/28/2021

Realogics Sotheby's Int'l Rlty

Co-Listed By

Mary Nelson

Realogics Sotheby's Int'l Rlty License #109909

Last Buyer's Agent

Andre Jones

eXp Realty License #24914

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1771595

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,640

Year Built

  • Built in 1982

Lot Details

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

Parking

  • RV Access or Parking

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Propane
  • Well
  • Septic System
  • High Speed Internet

Community Details

  • Vail Community

Listing and Financial Details

  • Assessor Parcel Number 22632210100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,640

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room, High Tech Cabling, Walk In Pantry
  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1329
  • Square Footage Finished: 1329

Exterior Features

  • Exterior: Wood Products
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Territorial

Utilities

  • Heating And Cooling: Stove/Free Standing
  • Sewer: Septic
  • Water Heater: laundry room
  • Water Source: Individual Well

Condo/Co-op/Association

  • Community Name: Vail

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Yelm High12
  • School District: YEL

Lot Info

  • Lot Number: 15
  • Lot Details: Open Space, Secluded, N
  • Lot Sq Ft: 310147
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 22632210100
  • Lot Topography: Fruit Trees, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 4320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 16, 2021
Sold by
Savage Marcus and Lago Cinzia Dal
Bought by
Saraceno Oliveri Ethan G and Saraceno Oliveri Brian
Seller's Agent
Kathy Madsen
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Andre Jones
eXp Realty
List Price
$430,000
Sold Price
$370,000
Premium/Discount to List
-$60,000
-13.95%
Current Estimated Value
$529,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,045
Avg. Annual Appreciation
9.14%
Original Mortgage
$370,000
Outstanding Balance
$337,466
Interest Rate
2.96%
Mortgage Type
VA
Estimated Equity
$191,579

Purchase Details

Closed on
Dec 14, 2007
Sold by
Nichols Suzanne S and Pasquali Davide
Bought by
Savage Marcus and Lago Cinzia Dal
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
Saraceno Oliveri Ethan G $370,000 Wfg Natl Ttl Co Of Washignto
Savage Marcus $150,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saraceno-Oliveri Ethan G $23,147
Open Saraceno Oliveri Ethan G $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $370,000 -14.0% $278 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $430,000 -- $324 / 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 $5,640 $606,000 $197,900 $408,100
2023 $5,640 $577,300 $205,300 $372,000
2022 $5,062 $540,400 $150,800 $389,600
2021 $4,634 $456,100 $149,500 $306,600
2020 $4,320 $364,000 $82,800 $281,200
2019 $3,689 $329,600 $86,400 $243,200
2018 $4,171 $303,000 $71,700 $231,300
2017 $4,012 $300,900 $76,900 $224,000
2016 $3,589 $262,100 $84,000 $178,100
2014 -- $251,650 $83,150 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1771595

Northwest Multiple Listing Service (NWMLS)

APN: 22632210100