R
Seller's Agent in 2021
Rob Brodie
WeLakeside
Listed by WeLakeside, Bought with COMPASS
38874 SE Newton St Snoqualmie, WA 98065
Estimated Value: $1,198,000 - $1,245,792
--
Bed
1
Bath
3,464
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- High Speed Internet
- Snoqualmie Elementary School Rated A
- Ceramic Tile Flooring
- 1-minute walk to Riverview Park
About This Home
As of July 2021Attention investors: fully-tenanted fourplex in downtown Snoqualmie with actual (not forecast) 5.77 CAP rate, half a block from riverside park and play areas, two blocks from quaint, historic downtown, and close to area schools. Over $95,000 spent in 2009/2010 in conjunction with FEMA to lift the building 9 feet, so no more risk of interior damage from flooding. Seller procured inspection available upon request, completed in early 2021 and completed punch-list of exterior maintenance. Fresh exterior paint. Possibility to increase some rents to market rate and gain an even better CAP rate. Professional management available to new buyer at same rate. Don't miss this opportunity to own in a fast-growing East County community!
Last Agent to Sell the Property
Rob Brodie
WeLakeside License #113594 Listed on: 06/22/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1796031
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,109
Year Built
- Built in 1976
Lot Details
- 7,200 Sq Ft Lot
- Corner Lot
- Property is in good condition
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
Interior Spaces
- 3,464 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Parking
- 4 Parking Spaces
- Open Parking
Outdoor Features
- Deck
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Snoqualmie Subdivision
Listing and Financial Details
- Assessor Parcel Number 7849200300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2021
Closed on
Jul 20, 2021
Sold by
Oesting Heather H
Bought by
Lee James K
Seller's Agent
Rob Brodie
WeLakeside
Buyer's Agent
Lisa Lam
COMPASS
List Price
$849,900
Sold Price
$1,000,000
Premium/Discount to List
$150,100
17.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,597
Avg. Annual Appreciation
4.90%
Original Mortgage
$750,000
Outstanding Balance
$681,132
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$541,466
Purchase Details
Closed on
Aug 28, 2013
Sold by
Oesting Heather H and Peltier Joseph
Bought by
Oesting Heather H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,400
Interest Rate
3.54%
Purchase Details
Closed on
Apr 29, 2013
Sold by
38874 Se Newton Llc
Bought by
Oesting Heather H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,400
Interest Rate
3.54%
Purchase Details
Closed on
Oct 11, 2006
Sold by
Oesting Heather
Bought by
38874 Se Newton Llc
Purchase Details
Closed on
May 24, 2004
Sold by
Peltier Joseph
Bought by
Oesting Heather H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,800
Interest Rate
5.92%
Purchase Details
Closed on
Aug 19, 1999
Sold by
Vedera Theodore H
Bought by
Reed Catherine D and Runkle Catherine D
Purchase Details
Closed on
Oct 30, 1996
Sold by
Mccarty Robert F and Mccarty Mary
Bought by
Runkle Catherine D and Vedera Theodore H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.06%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee James K | $1,000,000 | Modus Title | |
| Oesting Heather H | -- | First American Title Irvine | |
| Oesting Heather H | -- | First American Title Irvine | |
| 38874 Se Newton Llc | -- | None Available | |
| Oesting Heather H | -- | Lawyers Title | |
| Oesting Heather H | $468,415 | Lawyers Title | |
| Reed Catherine D | $145,000 | Chicago Title Insurance Co | |
| Runkle Catherine D | $240,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee James K | $750,000 | |
| Previous Owner | Oesting Heather H | $299,400 | |
| Previous Owner | Oesting Heather H | $299,400 | |
| Previous Owner | Oesting Heather H | $327,800 | |
| Previous Owner | Runkle Catherine D | $192,000 | |
| Closed | Oesting Heather H | $70,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $1,000,000 | +17.7% | $289 / Sq Ft |
| 06/24/2021 06/24/21 | Pending | -- | -- | -- |
| 06/22/2021 06/22/21 | For Sale | $849,900 | -- | $245 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $8,999 | $943,000 | $162,000 | $781,000 |
| 2023 | $8,540 | $939,000 | $144,000 | $795,000 |
| 2022 | $9,306 | $977,000 | $108,000 | $869,000 |
| 2021 | $10,737 | $832,000 | $108,000 | $724,000 |
| 2020 | $9,109 | $871,000 | $108,000 | $763,000 |
| 2018 | $7,164 | $618,000 | $79,200 | $538,800 |
| 2017 | $7,018 | $553,000 | $72,000 | $481,000 |
| 2016 | $7,245 | $555,000 | $72,000 | $483,000 |
| 2015 | -- | $563,000 | $50,400 | $512,600 |
| 2014 | -- | $449,000 | $50,400 | $398,600 |
| 2013 | -- | $437,000 | $50,400 | $386,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
David Kellam
Seller Co-Listing Agent in 2021
David Kellam
WeLakeside
(425) 453-7000
2 in this area
21 Total Sales
-
Lisa Lam
Buyer's Agent in 2021
Lisa Lam
COMPASS
(206) 669-0880
1 in this area
184 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1796031
APN: 784920-0300
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.
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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