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208 Reed Bay Rd

Decatur Island, WA 98221

2 bd 3 ba 1,450 sqft Built 1991 Lot 25,491 sqft single_family
Most recent sale
$450,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $450,000 MLS #1983299
Aug 15, 2022 Listed $450,000 MLS #1983299
Sep 26, 2002 Sold $199,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $288,180 $98,400 $386,580 $1,770
2025 $288,180 $98,400 $386,580 $1,837
2024 $307,640 $98,400 $406,040 $1,706
2023 $267,310 $75,690 $343,000 $1,583
2022 $236,970 $52,200 $289,170 $1,622
2021 $222,100 $52,200 $274,300 $1,619
2020 $222,100 $52,200 $274,300 $1,615
2019 $225,670 $52,200 $277,870 $1,159
2018 $145,020 $52,200 $197,220 $1,312
2017 $156,520 $52,200 $208,720 $1,156
2016 $147,950 $52,200 $200,150 $1,132
2015 $152,620 $52,200 $204,820 $1,245
2014 $169,170 $52,200 $221,370 $1,178
2013 $171,170 $52,200 $223,370 $1,185
2012 $168,470 $58,000 $226,470 $1,251
2011 $161,270 $115,600 $276,870 $1,247
2010 $161,270 $115,600 $276,870 $1,132
2009 $161,270 $115,600 $276,870 $1,114
2008 $161,270 $115,600 $276,870 $1,147
2007 $139,290 $55,000 $194,290 $1,105

Property facts

Year built
1991
Property type
single_family
Stories
Beds
2
Baths
3
Living area
1,450 sqft
Lot size
25,491 sqft
ZIP code
98221
City
Decatur Island
Street
Reed Bay Rd
Coordinates
48.50099, -122.81827

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,335
Gross rental yield
8.89%
Implied cap rate
5.78%
Trend-extrapolated value

Frequently asked questions

When did 208 Reed Bay Rd last sell?
208 Reed Bay Rd most recently sold on Sep 9, 2022 for $450,000.
What is the current tax assessment for 208 Reed Bay Rd?
The most recent total assessment for 208 Reed Bay Rd (year 2026) is $386,580 with $1,770 in property tax.
How does 208 Reed Bay Rd's assessment compare to its last sale price?
The current assessment is 14.1% below the last sale price of $450,000.
When was 208 Reed Bay Rd built?
208 Reed Bay Rd was built in 1991.
How does 208 Reed Bay Rd compare to others on Reed Bay Rd?
We track 5 other properties on Reed Bay Rd. Browse the list under "Other properties on Reed Bay Rd" to compare beds, baths, and sale history.
What are the property facts for 208 Reed Bay Rd?
208 Reed Bay Rd is a 2 bed, 3 bath, 1,450 sqft, 25,491 sqft lot single_family.
Is 208 Reed Bay Rd a flip candidate?
No — 208 Reed Bay Rd does not appear in our flips dataset.
Is 208 Reed Bay Rd a tax-appeal candidate?
No — 208 Reed Bay Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.9%
Implied 1-yr
-7.7%
2026 Q3
$673.4K
2026 Q4
$658.6K
ZIP 98221 — Median Price History + Forecast

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