NOT LISTED FOR SALE

28823 SE Preston Way Issaquah, WA 98027

Estimated Value: $1,625,000 - $1,780,000

5 Beds
4 Baths
4,170 Sq Ft
$412/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $1,500,000 $360 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,255/month

39 Days on Market

Highlights

  • Horses Allowed On Property
  • Home fronts a creek
  • Fruit Trees
  • Clark Elementary School Rated A
  • RV Access or Parking
  • Mountain View

About This Home

As of October 2022

Perfect mix of modern upgrades /finishes along with well laid out living /recreation spaces. Gorgeous bright entertainers kitchen w huge island, quartz counters, 2 sinks. Living room is anchored by 2-sided gas fireplace. Primary suite w luxurious 5 pc bath- don't miss that shower! Bathrooms have heated floors and motion sensor lighting. Lower level rec space w climbing wall, secret passage and reading loft is a huge bonus in this already spectacular home! Custom outdoor biking path and on-property mountain biking trails connect to Tiger Mtn trails.Creek and waterfall right out the kitchen window. Detached office, game room, music studio with heat pump and new carpet. With coveted Issaquah schools & 22 mins to Seattle-it checks all boxes!

Last Agent to Sell the Property

George Graham

John L. Scott, Inc License #26889 Listed on: 08/18/2022

John L. Scott, Inc

Last Buyer's Agent

George Graham

John L. Scott, Inc License #26889 Listed on: 08/18/2022

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1985644

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,829

Year Built

  • Built in 1971

Lot Details

  • 5.88 Acre Lot
  • Home fronts a creek
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Sloped Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,170 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

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

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Outbuilding

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • High Efficiency Heating System
  • Heat Pump System
  • Generator Hookup
  • Propane
  • Shared Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • High Point Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 3024079018

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,829

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1971
  • Buyer Agency Compensation: 2.25
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 4170
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Bamboo/Cork, Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Walk-In Pantry, Wired for Generator, Fireplace, Water Heater
  • Living Area: 4170
  • Main Level Bedrooms: 3
  • Bathrooms: 3.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 4170
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BedroomsLower: 2
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Mountain(s), See Remarks, Territorial
  • Lot Features: Adjacent to Public Land, Dead End Street, Open Space, Paved, Secluded
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Shared Well
  • WaterHeaterLocation: basement
  • WaterHeaterType: 2 electric tank & tankless
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Issaquah

Lot Info

  • Parcel Number: 3024079018
  • Topography: Equestrian,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 5.88
  • Lot Size Sq Ft: 256132
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Athletic Court,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio,Propane,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 11829

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 14, 2022
Sold by
Erickson Philip J and Erickson Julia K
Bought by
Yang Paul
Seller's Agent
George Graham
John L. Scott, Inc
Buyer's Agent
George Graham
John L. Scott, Inc
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Current Estimated Value
$1,716,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,859
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,110,000
Outstanding Balance
$1,074,458
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$598,244

Purchase Details

Listed on
Dec 22, 2015
Closed on
May 16, 2016
Sold by
Davis Jessalyn
Bought by
Erickson Philip J and Erickson Julia K
Seller's Agent
James Minkley
Kelly Right RE of Seattle LLC
Buyer's Agent
Patricia Wangsness
Coldwell Banker Bain
List Price
$749,950
Sold Price
$719,000
Premium/Discount to List
-$30,950
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$575,200
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Yang Paul $1,500,000 First American Title
Erickson Philip J $719,000 Wfg National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Paul $1,110,000
Previous Owner Erickson Philip J $575,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $1,500,000 -6.3% $360 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $1,600,000 +122.5% $384 / Sq Ft
05/20/2016 05/20/16 Sold $719,000 -2.8% $190 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
03/31/2016 03/31/16 Price Changed $739,950 -1.3% $195 / Sq Ft
03/04/2016 03/04/16 For Sale $749,950 0.0% $198 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
01/08/2016 01/08/16 Price Changed $749,950 -4.9% $198 / Sq Ft
12/22/2015 12/22/15 For Sale $789,000 -- $208 / 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 $13,818 $1,331,000 $459,000 $872,000
2023 $13,134 $1,209,000 $418,000 $791,000
2022 $11,829 $1,473,000 $511,000 $962,000
2021 $11,038 $1,017,000 $426,000 $591,000
2020 $9,816 $870,000 $395,000 $475,000
2018 $9,639 $816,000 $249,000 $567,000
2017 $8,571 $716,000 $219,000 $497,000
2016 $8,045 $640,000 $203,000 $437,000
2015 $332 $28,300 $28,300 $0
2014 -- $26,000 $26,000 $0
2013 -- $25,900 $25,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1985644

Northwest Multiple Listing Service (NWMLS)

APN: 302407-9018