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12518 398th Ave

North Bend, WA 98045

5 bd 7 ba 7,390 sqft Built 2007 Lot 216,840 sqft single_family
Most recent sale
$3,495,000
Mar 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2022 Sold $3,495,000 MLS #1841566
Sep 20, 2021 Listed $3,500,000 MLS #1841566
May 11, 2021 Price changed $2,999,999 MLS #1732631
Apr 6, 2021 Price changed $3,100,000 MLS #1732631
Feb 28, 2021 Price changed $3,300,000 MLS #1732631
Feb 20, 2021 Listed $3,100,000 MLS #1732631
Oct 3, 2020 Listed $3,500,000 MLS #1665898
Sep 2, 1986 Sold $36,000 Public Record
Sep 20, 1983 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,805,000 $692,000 $3,497,000 $31,343
2024 $2,482,000 $692,000 $3,174,000 $30,827
2023 $2,549,000 $719,000 $3,268,000 $29,785
2022 $1,871,000 $546,000 $2,417,000 $27,941
2021 $1,614,000 $460,000 $2,074,000 $26,583
2020 $1,953,000 $447,000 $2,400,000 $30,188
2019 $1,828,000 $408,000 $2,236,000 $27,342
2018 $1,707,000 $392,000 $2,099,000 $28,318
2017 $1,430,000 $344,000 $1,774,000 $23,576
2016 $1,241,000 $305,000 $1,546,000 $21,404
2015 $1,209,000 $298,000 $1,507,000 $19,161
2014 $879,000 $255,000 $1,134,000 $15,797
2013 $902,000 $262,000 $1,164,000 $16,306
2012 $993,000 $292,000 $1,285,000 $14,815
2011 $1,055,000 $292,000 $1,347,000 $15,926
2010 $1,055,000 $292,000 $1,347,000 $13,999
2009 $1,393,000 $264,000 $1,657,000 $14,142
2007 $596,000 $237,000 $833,000 $2,894

Property facts

Year built
2007
Property type
single_family
Stories
Beds
5
Baths
7
Living area
7,390 sqft
Lot size
216,840 sqft
ZIP code
98045
City
North Bend
Street
398th Ave
Coordinates
47.48640, -121.80824

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
$16,997
Gross rental yield
5.84%
Implied cap rate
3.79%
Trend-extrapolated value

Frequently asked questions

When did 12518 398th Ave last sell?
12518 398th Ave most recently sold on Mar 10, 2022 for $3,495,000.
What is the current tax assessment for 12518 398th Ave?
The most recent total assessment for 12518 398th Ave (year 2025) is $3,497,000 with $31,343 in property tax.
How does 12518 398th Ave's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $3,495,000.
When was 12518 398th Ave built?
12518 398th Ave was built in 2007.
How does 12518 398th Ave compare to others on 398th Ave?
We track 3 other properties on 398th Ave. Browse the list under "Other properties on 398th Ave" to compare beds, baths, and sale history.
What are the property facts for 12518 398th Ave?
12518 398th Ave is a 5 bed, 7 bath, 7,390 sqft, 216,840 sqft lot single_family.
Is 12518 398th Ave a flip candidate?
No — 12518 398th Ave does not appear in our flips dataset.
Is 12518 398th Ave a tax-appeal candidate?
No — 12518 398th Ave 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
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$1.17M
2026 Q4
$1.18M
ZIP 98045 — Median Price History + Forecast

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