NOT LISTED FOR SALE

5424 298th Ave SE Preston, WA 98050

Estimated Value: $1,563,000 - $1,841,000

4 Beds
1 Bath
3,720 Sq Ft
$457/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $822,000 $221 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $10,425/month

70 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Contemporary Architecture
  • Clark Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of November 2016

Nestled on 5 park-like acres, this beautiful contemporary home offers an open layout designed to merge style with function. Dramatic windows frame the lush scenery from every room, whether you are relaxing or gathering with friends, the soaring ceiling and light filled spaces are the perfect setting. Tucked away from the hustle and bustle of the city and only 10 minutes from downtown Issaquah, everything you need is within a convenient reach. Located in the award winning Issaquah School District

Last Agent to Sell the Property

Andrew Jackson

COMPASS License #17002 Listed on: 07/22/2016

COMPASS

Last Buyer's Agent

Erin Ewing

Windermere Mercer Island License #49702

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1001419

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,049

Year Built

  • Built in 1990

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Dog Run
  • Brush Vegetation
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is zoned RA5SO

Property Views

  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Propane
  • Well
  • Septic System

Community Details

  • Mitchell Hill Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 2024079035

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,049

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Solarium/Atrium, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3720
  • Square Footage Finished: 3720

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Heat Pump, Wall, 90%+ High Efficiency
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Water Heater: Basement-Electric
  • Water Source: Individual Well

Condo/Co-op/Association

  • HOA Fees: 25
  • Community Name: Mitchell Hill
  • Community Features: Ccrs

Schools

  • Middle School: Issaquah Mid
  • High School: Issaquah High
  • School District: ISS

Lot Info

  • Lot Details: Corner Lot, Dead End Street, Open Space, Paved Street
  • Lot Sq Ft: 219978
  • Lot Topography Vegetation: Brush, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 2024079035
  • Zoning Code: RA5SO
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 11512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Nov 1, 2016
Sold by
Strong Matthew and Lord Graham
Bought by
Natarajan Padmanabhan and Zhang Xiandi
Seller's Agent
Andrew Jackson
COMPASS
Buyer's Agent
Erin Ewing
Windermere Mercer Island
List Price
$850,000
Sold Price
$822,000
Premium/Discount to List
-$28,000
-3.29%
Current Estimated Value
$1,698,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$876,457
Avg. Annual Appreciation
8.47%
Original Mortgage
$657,600
Outstanding Balance
$527,939
Interest Rate
3.42%
Estimated Equity
$1,170,518

Purchase Details

Listed on
Mar 1, 2014
Closed on
Jun 5, 2014
Sold by
Mejdrich Eric Oliver and Mejdrich Angela Pierce
Bought by
Strong Matthew
Seller's Agent
Laurie Lenihan
Coldwell Banker Bain
Buyer's Agent
Andrew Jackson
COMPASS
List Price
$725,000
Sold Price
$685,000
Premium/Discount to List
-$40,000
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$485,000
Interest Rate
4.25%

Purchase Details

Closed on
Apr 21, 2011
Sold by
Austin Charles
Bought by
Mejdrich Eric Oliver and Mejdrich Angela Pierce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
3.87%

Purchase Details

Closed on
Apr 6, 2005
Sold by
Emc Mortgage Corp
Bought by
Austin Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
1%

Purchase Details

Closed on
Mar 2, 2004
Sold by
Degier Huibertus D and Degier Waltraud H
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Apr 20, 1988
Sold by
Hoel James I and Hoel Linda C
Bought by
Degier Huibertus D and Degier Waltraud H
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
Natarajan Padmanabhan $822,000 Chicago Title
Strong Matthew $685,000 Rainier Title
Mejdrich Eric Oliver $620,000 First American Title Ins Co
Austin Charles $540,000 Fidelity Natio
Emc Mortgage Corp $527,000 First American
Degier Huibertus D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Natarajan Padmanabhan $657,600
Previous Owner Strong Matthew $485,000
Previous Owner Mejdrich Eric Oliver $496,000
Previous Owner Austin Charles $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2016 11/10/16 Sold $822,000 -3.3% $221 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/22/2016 09/22/16 Price Changed $850,000 0.0% $228 / Sq Ft
09/22/2016 09/22/16 For Sale $850,000 -5.5% $228 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $899,000 +31.2% $242 / Sq Ft
06/11/2014 06/11/14 Sold $685,000 -5.5% $184 / Sq Ft View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $725,000 0.0% $195 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
04/11/2014 04/11/14 Price Changed $725,000 0.0% $195 / Sq Ft
04/11/2014 04/11/14 For Sale $725,000 +5.8% $195 / Sq Ft
04/08/2014 04/08/14 Off Market $685,000 -- --
03/01/2014 03/01/14 For Sale $750,000 -- $202 / 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 $17,049 $1,609,000 $530,000 $1,079,000
2023 $16,264 $1,461,000 $482,000 $979,000
2022 $14,501 $1,780,000 $589,000 $1,191,000
2021 $13,631 $1,229,000 $491,000 $738,000
2020 $13,463 $1,051,000 $455,000 $596,000
2018 $13,225 $1,120,000 $332,000 $788,000
2017 $11,785 $982,000 $292,000 $690,000
2016 $11,512 $877,000 $271,000 $606,000
2015 $10,185 $838,000 $261,000 $577,000
2014 -- $735,000 $240,000 $495,000
2013 -- $584,000 $254,000 $330,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1001419

Northwest Multiple Listing Service (NWMLS)

APN: 202407-9035