Listed by Matrix Real Estate, LLC, Bought with Dulay Homes LLC
NOT LISTED FOR SALE

8366 118th Ave SE Unit 2 Newcastle, WA 98056

Estimated Value: $2,015,000 - $2,283,000

5 Beds
4 Baths
3,682 Sq Ft
$569/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $2,150,000 $584 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $12,464/month

12 Days on Market

Highlights

  • New Construction
  • Deck
  • Electric Vehicle Charging Station
  • Newcastle Elementary School Rated A
  • Walk-In Pantry
  • Double Oven

About This Home

As of December 2023

Terrace at May Creek by RM Homes! The 3682 plan offers flexible living w/5 beds,4 baths,& daylight basement. Chef's kitchen w/quartz counters, JennAir appliances, huge island, & Huntwood cabs! Spacious great rm layout w/oversized windows to enjoy the gorgeous, tree top views. Slider off kitchen leads to outdoor living w/FP & backyard. Main floor bed & 3/4 bath.2nd floor boasts spacious primary & luxurious ensuite w/floating vanity, heated floors, soaking tub, large shower, & walk-in closet.2 more bedrooms, main bath, bonus rm, utility rm w/ W/D incl., & tons of storage. Lower level 5th bed, 3/4 bath, & second bonus room w/kitchenette. 2 car garage w/charging outlet. Great location close to 405/I90, shopping, Lk. Wash, & more! Move in Ready!

Last Agent to Sell the Property

Kim Martinez

Matrix Real Estate, LLC License #78542 Listed on: 10/27/2023

Last Buyer's Agent

Neetu Dacosta

Dulay Homes LLC License #126248

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2172086

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,682 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Hazelwood Elementary School
  • Risdon Middle School
  • Hazen Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • Built by RM Homes
  • Newcastle Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 3346300250

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

7,500 Sq Ft Lot

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2023
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Terrace at May Creek
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3682
  • SeniorExemption: false
  • NewConstruction: Completed
  • NWM_ExcludedItemsYN: true
  • Special Features: 4098

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Sprinkler System, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Fireplace, Water Heater
  • Living Area: 3682
  • Main Level Bedrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 3682
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: RM Homes
  • Direction Faces: West
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PUD/PSE
  • SewerCompany: Coal Creek Utility District
  • WaterCompany: Coal Creek Utility District
  • WaterHeaterLocation: garage
  • WaterHeaterType: electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 70
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential

Schools

  • Junior High Dist: Renton
  • High School: Hazen Snr High
  • Middle Or Junior School: Risdon Middle School

Lot Info

  • Parcel Number: 3346300250
  • Land Lease: No
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Fenced-Partially,Gas Available,Irrigation,Patio,Sprinkler System
  • MLSLotSizeSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: 2

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Hazelwood Elem

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 8, 2023
Sold by
Rm Homes Llc
Bought by
Raghavan Meghana and Sukumaran Anish
Seller's Agent
Kim Martinez
Matrix Real Estate, LLC
Buyer's Agent
Neetu Dacosta
Dulay Homes LLC
List Price
$2,174,950
Sold Price
$2,150,000
Premium/Discount to List
-$24,950
-1.15%
Views
17
Current Estimated Value
$2,093,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,768
Avg. Annual Appreciation
-1.18%
Original Mortgage
$1,500,000
Outstanding Balance
$1,469,845
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$623,387

Purchase Details

Closed on
Jan 21, 2021
Sold by
Cam Llc
Bought by
Moorman 6 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2016
Sold by
Moorman Claudia A
Bought by
Cam Llc

Purchase Details

Closed on
Aug 8, 1996
Sold by
Childs Betty Jo
Bought by
Moorman Claudia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,897
Interest Rate
8.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 14, 1994
Sold by
Moorman George E
Bought by
Moorman Claudia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raghavan Meghana $2,150,000 Chicago Title
Moorman 6 Llc $950,000 Chicago Title Company Of Wa
Cam Llc -- Accommodation
Moorman Claudia A -- Chicago Title Insurance Co
Moorman Claudia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raghavan Meghana $1,500,000
Previous Owner Moorman 6 Llc $4,000,000
Previous Owner Moorman Claudia A $27,897
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $2,150,000 -1.1% $584 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $2,174,950 -- $591 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $18,023 $1,968,000 $661,000 $1,307,000
2023 $11,417 $1,165,000 $558,000 $607,000
2022 $9,650 $678,000 $678,000 $0
2021 $5,075 $155,400 $145,400 $10,000
2020 $4,937 $461,000 $353,000 $108,000
2018 $5,041 $472,000 $368,000 $104,000
2017 $4,223 $414,000 $323,000 $91,000
2016 $4,180 $355,000 $289,000 $66,000
2015 $4,314 $336,000 $273,000 $63,000
2014 -- $365,000 $323,000 $42,000
2013 -- $316,000 $289,000 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2172086

Northwest Multiple Listing Service (NWMLS)

APN: 334630-0250

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