Listed by Windermere Real Estate/East, Bought with Lake & Company
NOT LISTED FOR SALE

7509 308th Ave SE Preston, WA 98050

Estimated Value: $1,056,000 - $1,488,000

3 Beds
2 Baths
3,050 Sq Ft
$402/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $1,162,000 $381 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,478/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Wood Burning Stove
  • Clark Elementary School Rated A
  • Deck
  • Territorial View

About This Home

As of October 2023

Presenting the original 1913 Preston Mill Bunk house in all of its glory! Nestled on 1+ tranquil acres, this storybook property evokes the timeless character of an era gone by. Reclaimed timber, exposed beams & rustic wood paneling add charm galore. Renovated & modernized in all the right spaces w/an ideal 4th bdrm option. Big country kitchen that entertainers dream of flows out to a large, paved patio. Look over your land from the deck of the primary suite that boasts a walk-in closet & extra office/nursery space. Geothermal heating & AC, new generator, Morso woodburning frplc w/sandstone surround, 3 Tuff sheds + storage rm, Issaquah schools. Inspection Report avail. Escape the bustle & live the quiet life literally minutes from the city!

Last Agent to Sell the Property

Joan Bayley

Windermere Real Estate/East License #38768 Listed on: 09/16/2023

Windermere Real Estate/East

Last Buyer's Agent

Danny Adamson

Lake & Company License #73377

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2158637

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,616

Year Built

  • Built in 1913

Lot Details

  • 1.06 Acre Lot
  • Street terminates at a dead end
  • East Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in very good condition

Parking

  • RV Access or Parking

Home Design

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

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Wood Burning Stove
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Home Security System
  • Finished Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Clark Elementary School
  • Issaquah Mid Middle School
  • Issaquah High School

Utilities

  • Forced Air Heating and Cooling System
  • Generator Hookup
  • Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Geothermal Energy System
  • Pasture

Community Details

  • Property has a Home Owners Association
  • Preston Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 2924079022

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,616

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1913
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3050
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 685

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Softwood, Hardwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Hardwood, Wall to Wall Carpet, Built-In Vacuum, Dining Room, French Doors, Security System, Walk-In Closet(s), Wet Bar, Wired for Generator, Fireplace, Water Heater
  • Living Area: 3050
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3050
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Corner Lot, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking, None

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Stove/Free Standing
  • Heating Yn: Yes
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Issaquah
  • High School: Issaquah High
  • Middle Or Junior School: Issaquah Mid

Lot Info

  • Parcel Number: 2924079022
  • Topography: Level,PartialSlope
  • Land Lease: No
  • Lot Size Acres: 1.06
  • Lot Size Sq Ft: 46174
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,High Speed Internet,Outbuildings,Patio,Propane,RV Parking
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Geothermal, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9616

Multi Family

  • EnergySource: Electric,Geothermal,Wood

MLS Schools

  • Elementary School: Clark Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 3, 2023
Sold by
Hall-Dowd Susan Lee
Bought by
Bryant David and Bryant Rachel
Seller's Agent
Joan Bayley
Windermere Real Estate/East
Buyer's Agent
Danny Adamson
Lake & Company
List Price
$1,100,000
Sold Price
$1,162,000
Premium/Discount to List
$62,000
5.64%
Views
472
Current Estimated Value
$1,226,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,529
Avg. Annual Appreciation
2.34%
Original Mortgage
$994,500
Outstanding Balance
$982,393
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$231,063

Purchase Details

Listed on
Mar 21, 2019
Closed on
Apr 19, 2019
Sold by
Colagiovanni Lawrence W
Bought by
Hall Dowd Susan Lee
Seller's Agent
Patti Donohue
COMPASS
Buyer's Agent
Joan Bayley
Windermere Real Estate/East
List Price
$695,000
Sold Price
$785,393
Premium/Discount to List
$90,393
13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2015
Sold by
Murray Jennifer Jh and Murray George R
Bought by
Colagiovanni Lawrence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Norton Merritt Ronald and Norton Tennery Taylor
Bought by
Murray Jennifer J H and Murray George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2007
Sold by
Norton M Ronald and Norton Merritt
Bought by
Norton M Ronald and Norton Merritt Ronald

Purchase Details

Closed on
Jul 15, 2004
Sold by
Lipetz Janus
Bought by
Tennery Norton Merritt and Tennery Norton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Peterson Gregory
Bought by
Lipetz Janus

Purchase Details

Closed on
Sep 26, 1997
Sold by
Peterson Gregory Alan and Lipetz Janus L
Bought by
Peterson Gregory Alan and Lipetz Janus L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 19, 1994
Sold by
Kelderman Nicholas
Bought by
Peterson Gregory Alan and Lipetz Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.84%
Mortgage Type
Seller Take Back
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
Bryant David $1,162,000 Cw Title
Hall Dowd Susan Lee $785,393 Rainier Title Llc
Colagiovanni Lawrence W $553,100 Fidelity Natio
Murray Jennifer J H $492,500 The Talon Grou
Norton M Ronald -- None Available
Tennery Norton Merritt $586,300 Commonwealth L
Lipetz Janus -- --
Peterson Gregory Alan -- --
Peterson Gregory Alan $300,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant David $994,500
Previous Owner Hall Dowd Susan Lee $400,000
Previous Owner Colagiovanni Lawrence W $417,000
Previous Owner Murray Jennifer J H $394,000
Previous Owner Norton Merritt $40,000
Previous Owner Tennery Norton Merritt $440,000
Previous Owner Norton Merritt $110,000
Previous Owner Peterson Gregory Alan $264,000
Previous Owner Peterson Gregory Alan $250,000
Closed Tennery Norton Merritt $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $1,162,000 +5.6% $381 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $1,100,000 +40.1% $361 / Sq Ft
04/24/2019 04/24/19 Sold $785,393 +13.0% $258 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $695,000 -- $228 / 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 $9,545 $903,000 $293,000 $610,000
2023 $9,051 $820,000 $267,000 $553,000
2022 $8,154 $999,000 $327,000 $672,000
2021 $7,633 $690,000 $273,000 $417,000
2020 $8,279 $590,000 $253,000 $337,000
2018 $8,121 $683,000 $188,000 $495,000
2017 $7,224 $599,000 $165,000 $434,000
2016 $7,065 $535,000 $153,000 $382,000
2015 $3,658 $511,000 $148,000 $363,000
2014 -- $253,000 $136,000 $117,000
2013 -- $270,000 $142,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2158637

Northwest Multiple Listing Service (NWMLS)

APN: 292407-9022