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385 Merritt Pl

North Bend, WA 98045

3 bd 2 ba 1,540 sqft Built 1989 Lot 10,929 sqft single_family
Most recent sale
$870,000
Dec 18, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 18, 2023 Sold $870,000 NWMLS
Sep 21, 2023 Listed $850,000 NWMLS
Aug 5, 2014 Sold $324,000 NWMLS
Jul 4, 2014 Listed $325,000 NWMLS
Apr 22, 1997 Sold $175,000 Public Record
May 27, 1992 Sold $156,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $483,000 $325,000 $808,000 $6,788
2024 $407,000 $325,000 $732,000 $6,423
2023 $390,000 $338,000 $728,000 $6,266
2022 $308,000 $257,000 $565,000 $6,118
2021 $258,000 $217,000 $475,000 $5,672
2020 $269,000 $199,000 $468,000 $5,456
2019 $242,000 $182,000 $424,000 $4,804
2018 $236,000 $175,000 $411,000 $5,076
2017 $194,000 $154,000 $348,000 $4,169
2016 $177,000 $137,000 $314,000 $3,937
2015 $172,000 $134,000 $306,000 $3,548
2014 $131,000 $87,000 $218,000 $2,762
2013 $134,000 $90,000 $224,000 $2,859
2012 $148,000 $100,000 $248,000 $2,886
2011 $160,000 $100,000 $260,000 $2,853
2009 $214,000 $119,000 $333,000 $2,857
2007 $183,000 $107,000 $290,000 $2,832

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,540 sqft
Lot size
10,929 sqft
ZIP code
98045
City
North Bend
Street
Merritt Pl
Coordinates
47.49505, -121.77567

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,542
Gross rental yield
4.89%
Implied cap rate
3.18%
Trend-extrapolated value

Frequently asked questions

When did 385 Merritt Pl last sell?
385 Merritt Pl most recently sold on Dec 18, 2023 for $870,000.
What is the current tax assessment for 385 Merritt Pl?
The most recent total assessment for 385 Merritt Pl (year 2025) is $808,000 with $6,788 in property tax.
How does 385 Merritt Pl's assessment compare to its last sale price?
The current assessment is 7.1% below the last sale price of $870,000.
When was 385 Merritt Pl built?
385 Merritt Pl was built in 1989.
How does 385 Merritt Pl compare to others on Merritt Pl?
We track 2 other properties on Merritt Pl. Browse the list under "Other properties on Merritt Pl" to compare beds, baths, and sale history.
What are the property facts for 385 Merritt Pl?
385 Merritt Pl is a 3 bed, 2 bath, 1,540 sqft, 10,929 sqft lot single_family.
Is 385 Merritt Pl a flip candidate?
No — 385 Merritt Pl does not appear in our flips dataset.
Is 385 Merritt Pl a tax-appeal candidate?
No — 385 Merritt Pl 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

Explore nearby

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