NOT LISTED FOR SALE

8515 316th Place SE Preston, WA 98050

Preston Neighborhood

Estimated Value: $1,416,000 - $1,634,000

3 Beds
3 Baths
3,110 Sq Ft
$487/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $1,450,000 $466 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,570/month

63 Days on Market

Highlights

  • Second Kitchen
  • RV Access or Parking
  • Deck
  • Clark Elementary School Rated A
  • 1.65 Acre Lot
  • Wooded Lot

About This Home

As of September 2023

MultiGeneration Dream home approx 6.5 mi from Issaquah w benefit of lower property taxes! 4500 (3110 Sqft+DayBsmt). 4-1/4 BA, 3-BR+XtraRm+Loft+MILStudio = Modern Luxury & Czy Comfort. Bright, open-concept living area, gourmet spacious entertaining kitchen w SS appl.,farm sink, ample counter sp = EZ meal prep! Unwind in luxurious primary suite,w spa-like ba & walk-in closet. Relax on peaceful & private deck off Master BR looking over expansive backyard perf for outdoor activities/relaxation, plenty of space for gardening/entertaining/summer BBQ. Walk to River or hike on trails, home sits in Prime Location in Peaceful Preston community. Perf balance of outdoor living, tranquility yet clost to major urban cities. Coveted Issaquah SchDist.

Last Listed By

Melissa Southam

Bushnell Real Estate Solutions License #98330 Listed on: 05/09/2023

Bushnell Real Estate Solutions

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2062001

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,712

Year Built

  • Built in 1989

Lot Details

  • 1.65 Acre Lot
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Metal Roof

Interior Spaces

  • 3,110 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Generator Hookup
  • Well
  • Hot Water Circulator
  • Septic Tank
  • High Tech Cabling
  • Cable TV Available

Additional Features

  • Deck
  • ADU includes 1 Bathroom

Community Details

  • No Home Owners Association
  • Preston Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3324079071

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,712

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 3110
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • AccessoryDwellingUnit: AttachedDwelling
  • Special Features: VirtualTour
  • Cumulative Days on Market: 519

Interior Features

  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet, Second Kitchen, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wired for Generator
  • Living Area: 3110
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 3110
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 0
  • ADUBaths: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • 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: RV Parking, Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Heat Pump, Hot Water Recirc Pump
  • Heating Yn: Yes
  • WaterHeaterLocation: Basement Laundry Closet

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 3324079071
  • Topography: Level,PartialSlope,Sloped,SteepSlope
  • Land Lease: No
  • Lot Size Acres: 1.6454
  • Lot Size Sq Ft: 71673
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11711.5

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Clark Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Sep 7, 2023
Sold by
Ford Peter J and Ford Laura M
Bought by
Miller Gregory Franklin and Xu Anna J
Seller's Agent
Melissa Southam
Bushnell Real Estate Solutions
Buyer's Agent
Sam Cunningham
COMPASS
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%
Total Days on Market
63
Views
30
Current Estimated Value
$1,515,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,060
Avg. Annual Appreciation
2.54%
Original Mortgage
$1,160,000
Outstanding Balance
$1,142,236
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$369,697

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jun 11, 2019
Sold by
Michell Carol Elizabeth
Bought by
Ford Peter J and Ford Laura M
Seller's Agent
Aaron Byrd
KW Mountains to Sound Realty
Buyer's Agent
Aimee Holy
COMPASS
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.83%
Original Mortgage
$487,500
Interest Rate
4.1%

Purchase Details

Closed on
Nov 11, 2010
Sold by
Michell Jeffrey Glenn
Bought by
Michell Carol Elizabeth

Purchase Details

Closed on
Jun 8, 2005
Sold by
Pitts James R and Pitts Maxine Word
Bought by
Michell Jeffrey G and Michell Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Interest Rate
5.72%

Purchase Details

Closed on
Jun 7, 1993
Sold by
Barkelew David and Barkelew Carol
Bought by
Pitts James R and Maxine Word

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
Miller Gregory Franklin $1,450,000 Old Republic Title
Ford Peter J $650,000 Chicago Title
Michell Carol Elizabeth -- None Available
Michell Jeffrey G $599,000 Pacific Nw Tit
Pitts James R $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Gregory Franklin $1,160,000
Previous Owner Ford Peter J $448,000
Previous Owner Ford Pete $476,000
Previous Owner Ford Peter J $487,500
Previous Owner Michel Carol Elizabeth $437,800
Previous Owner Michell Jeffrey G $479,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $1,450,000 -3.0% $466 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $1,495,000 0.0% $481 / Sq Ft
06/04/2023 06/04/23 Off Market $1,495,000 -- --
06/01/2023 06/01/23 Price Changed $1,495,000 -6.3% $481 / Sq Ft
05/09/2023 05/09/23 For Sale $1,595,000 +145.4% $513 / Sq Ft
06/13/2019 06/13/19 Sold $650,000 -2.3% $209 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/02/2019 05/02/19 Price Changed $665,000 -5.0% $214 / Sq Ft
04/03/2019 04/03/19 Price Changed $700,000 -6.7% $225 / Sq Ft
03/29/2019 03/29/19 For Sale $750,000 0.0% $241 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $750,000 -- $241 / 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 $14,053 $1,355,000 $270,000 $1,085,000
2023 $11,014 $1,006,000 $246,000 $760,000
2022 $9,928 $1,226,000 $301,000 $925,000
2021 $9,278 $847,000 $251,000 $596,000
2020 $8,771 $724,000 $233,000 $491,000
2018 $8,714 $737,000 $167,000 $570,000
2017 $7,755 $646,000 $147,000 $499,000
2016 $7,588 $577,000 $137,000 $440,000
2015 $6,606 $551,000 $132,000 $419,000
2014 -- $484,000 $122,000 $362,000
2013 -- $403,000 $145,000 $258,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2062001

Northwest Multiple Listing Service (NWMLS)

APN: 332407-9071