Listed by Windermere Real Estate/East, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

5510 298th Ave SE Preston, WA 98050

Estimated Value: $2,005,000 - $3,209,000

3 Beds
4 Baths
3,400 Sq Ft
$774/Sq Ft Est. Value

Last Sold November 08, 2012

Last sale price $1,000,000 $294 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $16,056/month

92 Days on Market

About This Home

As of November 2012

This stunning property was designed by renowned NW architect Arne Bystrom in 1996. Situated on 5 level, private acres in the private community of Mitchell Hill, this architectural masterpiece perfectly combines urban living with rural tranquility. Exquisite and tasteful, rich wood beams, stone colored tile combined with soft, warm maple wood, truly do make this a work of art! You will truly feel like you are living in a glass house overlooking "English" gardens and pastoral views.

Last Agent to Sell the Property

Tom Covello

Windermere Real Estate/East License #4127 Listed on: 07/05/2012

Windermere Real Estate/East

Last Buyer's Agent

Mary Durkan

Windermere Real Estate Co. License #45163

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM377972

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$25,149

Year Built

1996

Lot Details

0

Listing Details

  • Condition: Very Good
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Features: 2nd Kitchen, Wine Cellar, Wired for Generator, Bath Off Master, Double Pane/Storm Window, High Tech Cabling, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Slate, Wall to Wall Carpet

Exterior Features

  • Building Information: Additional Dwelling
  • Community Features: CCRs
  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Metal
  • Site Features: Cable TV, Deck, Partial Fence, Outbuildings, Patio, RV Parking, Shop, Sprinkler System
  • View: Mountain, Territorial

Garage/Parking

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

Utilities

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Heating and Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: septic
  • Water Company: new private well
  • Water Source: Individual Well

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Salgado Jacqueline C
Bought by
Salgado Jacqueline C and Jacqueline C Salgado Trust
Current Estimated Value
$2,633,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Outstanding Balance
$331,737
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,301,328

Purchase Details

Listed on
Jul 5, 2012
Closed on
Nov 5, 2012
Sold by
Barkley Warren and Barkley Carrie Millen
Bought by
Salgado Jacqueline C
Seller's Agent
Tom Covello
Windermere Real Estate/East
Buyer's Agent
Mary Durkan
Windermere Real Estate Co.
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$506,000
Interest Rate
3.36%

Purchase Details

Closed on
Jun 21, 2011
Sold by
Stephenson Christopher and Stephenson Nell Christine
Bought by
Barkley Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.12%

Purchase Details

Closed on
Oct 25, 2006
Sold by
Michelsons Ivar P
Bought by
Stephenson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
6%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Michelsons Ivar P
Bought by
Michelsons Ivar P

Purchase Details

Closed on
Oct 5, 1993
Sold by
Solomon Michael and Solomon Pamela
Bought by
Michelsons Ivar P and Michelsons Alexandra C

Purchase Details

Closed on
Oct 13, 1992
Sold by
Cole Steve W and Cole Wendy D
Bought by
Solomon Michael L and Solomon Pamela L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salgado Jacqueline C -- Wfg National Title
Salgado Jacqueline C $1,000,000 Cw Title
Barkley Warren $875,000 The Talon Grou
Stephenson Christopher $1,900,000 Fidelity Natio
Michelsons Ivar P -- --
Michelsons Ivar P $165,000 --
Solomon Michael L $132,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado Jacqueline C $439,000
Closed Salgado Jacqueline C $506,000
Previous Owner Barkley Warren $700,000
Previous Owner Stephenson Christopher $1,330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2012 11/08/12 Sold $1,000,000 0.0% $294 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $1,000,000 -- $294 / 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 $25,149 $2,391,000 $512,000 $1,879,000
2023 $25,017 $2,171,000 $466,000 $1,705,000
2022 $23,150 $2,644,000 $570,000 $2,074,000
2021 $21,744 $1,978,000 $475,000 $1,503,000
2020 $21,952 $1,691,000 $440,000 $1,251,000
2018 $21,586 $1,842,000 $319,000 $1,523,000
2017 $17,321 $1,615,000 $280,000 $1,335,000
2016 $16,946 $1,298,000 $260,000 $1,038,000
2015 $14,987 $1,240,000 $250,000 $990,000
2014 -- $1,088,000 $230,000 $858,000
2013 -- $1,072,000 $246,000 $826,000
Source: Public Records

Agents Affiliated with this Home

  • Tom Covello

    Seller's Agent in 2012

    Tom Covello

    Windermere Corporate

    (206) 972-8101

    110 Total Sales

    Tom Covello
    Section Image
  • Mary Durkan

    Buyer's Agent in 2012

    Mary Durkan

    Windermere Corporate

    (206) 915-7527

    81 Total Sales

    Mary Durkan
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM377972

Northwest Multiple Listing Service (NWMLS)

APN: 202407-9042

Washington King County Preston 98024

5510 298th Ave SE, Preston, WA

This home is located at 5510 298th Ave SE, Preston, WA 98050 since 05 July 2012 and is currently estimated at $2,633,065, approximately $774 per square foot. This property was built in 1996. 5510 298th Ave SE is a home located in King County with nearby schools including Clark Elementary School, Issaquah Middle School, and Issaquah High School.

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.

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Based on information submitted to the MLS GRID

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