Listed by Terrafin, Bought with RSVP Brokers ERA
$515,000
SOLD APR 24, 2025

510 E Madrona Pkwy Grapeview, WA 98546

2 Beds
2 Baths
1,187 Sq Ft
0.33 Acres

Recently Sold

$434 Per Sq Ft

3% Above List Price

Highlights

  • 126 Feet of Waterfront
  • Docks
  • RV Access or Parking
  • Views of a Sound
  • Home fronts a creek
  • Deck

About This Home

As of April 2025

Welcome to Oyster Cove! You won’t be disappointed with Stunning views of the sound with 126’ of waterfront access, which makes it so easy to live here. Watch the wildlife soar and the reflections of the water change with every season. This two-bed two, two-bath rambler has everything you're looking for, including an additional room for an office, gym space, or even a spare room. All appliances stay. Community clubhouse, access to the boat launch, sports courts, and more. Come take a look before it’s too late.

Last Agent to Sell the Property

Kayla LaRance

Terrafin License #116758 Listed on: 03/21/2025

Terrafin

Last Buyer's Agent

Tina Lucas

RSVP Brokers ERA License #112359

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2347942

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,393

Year Built

  • Built in 2004

Lot Details

  • 0.33 Acre Lot
  • Home fronts a creek
  • 126 Feet of Waterfront
  • Home fronts a sound
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Property Views

  • Views of a Sound
  • Bay Views

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,187 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • High Speed Internet
  • High Tech Cabling

Community Details

  • Rustlewood Homeowners's Association
  • Grapeview Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,393

Year Built

Built in 2004

Lot Details

0

HOA Fees

$10 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2004
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1187
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2347942?w=Consumer&agent=100461
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, High Tech Cabling, Jetted Tub, Laminate, Walk-In Pantry
  • Living Area: 1187
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1187
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Bay, Sound
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Medium Bank, Creek, Saltwater, Sound
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 126
  • WaterAccess: Community Waterfront/Pvt Beach,Deeded Access

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 124
  • Association Fee Frequency: Annually
  • Association: Yes
  • AssociationContactName: Rustlewood Homeowners's Association

Schools

  • Junior High Dist: Pioneer #402

Lot Info

  • Parcel Number: 221275100020
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.3286
  • Lot Size Sq Ft: 14312
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Fenced-Partially,High Speed Internet,Moorage,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3393

Multi Family

  • EnergySource: Electric,Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Apr 10, 2025
Sold by
Kim Keun Soo
Bought by
Grey Hanna and Oconnell Michael
Seller's Agent
Kayla LaRance
Terrafin
Buyer's Agent
Tina Lucas
RSVP Brokers ERA
List Price
$499,999
Sold Price
$515,000
Premium/Discount to List
$15,001
3%
Views
11
Current Estimated Value
$561,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,800
Avg. Annual Appreciation
15.06%
Original Mortgage
$20,122
Outstanding Balance
$16,996
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$544,804

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 21, 2018
Sold by
Northrop Marc W and Bonipart Northrop Brenda L
Bought by
Kim Keun Soo
Seller's Agent
Kevin Hoover
Redfin
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$182,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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 $515,000 Fidelity National Title
Warranty Deed $260,000 Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,122 New Conventional
Open $503,052 FHA
Previous Owner $182,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2025 04/24/25 Sold $515,000 +3.0% $434 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $499,999 +92.3% $421 / Sq Ft
06/15/2018 06/15/18 Sold $260,000 -3.3% $219 / Sq Ft View Prior Sale
04/20/2018 04/20/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $269,000 -- $227 / 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
2025 $3,393 $487,745 $59,295 $428,450
2024 $3,393 $450,315 $56,630 $393,685
2023 $3,491 $422,595 $74,995 $347,600
2022 $3,640 $375,180 $72,815 $302,365
2021 $2,969 $375,180 $72,815 $302,365
2020 $2,777 $296,835 $80,905 $215,930
2018 $2,298 $212,825 $72,235 $140,590
2017 $2,439 $212,825 $72,235 $140,590
2016 $2,377 $237,870 $86,400 $151,470
2015 $2,226 $231,980 $83,700 $148,280
2014 -- $236,580 $85,500 $151,080
2013 -- $230,905 $81,000 $149,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2347942

Northwest Multiple Listing Service (NWMLS)

APN: 22127-51-00020