518 Reed Way
Sedro Woolley, WA 98284
3 bd 3 ba 1,889 sqft Built 2005 Lot 18,165 sqft single_family
Most recent sale
$605,000
Jun 20, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Listed | $715,000 | NWMLS |
| Jun 20, 2023 | Sold | $605,000 | NWMLS |
| Feb 2, 2018 | Sold | $365,000 | NWMLS |
| Jan 10, 2018 | Relisted | $365,000 | NWMLS |
| Jan 9, 2018 | Listing removed | $365,000 | NWMLS |
| Oct 12, 2017 | Listed | $365,000 | NWMLS |
| Jun 3, 2013 | Sold | $260,000 | Public Record |
| Apr 18, 2013 | Listing removed | $270,000 | NWMLS |
| Apr 6, 2013 | Listed | $270,000 | NWMLS |
| Dec 8, 2008 | Sold | $338,500 | Public Record |
| May 8, 2006 | Sold | $290,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $488,998 | $165,000 | $653,998 | $5,063 |
| 2025 | $488,998 | $165,000 | $653,998 | $3,953 |
| 2024 | $543,355 | $151,775 | $695,130 | $4,654 |
| 2023 | $478,722 | $133,721 | $612,443 | $4,778 |
| 2022 | $379,941 | $106,129 | $486,070 | $4,355 |
| 2021 | $299,165 | $83,566 | $382,731 | $3,862 |
| 2020 | $290,875 | $81,250 | $372,125 | $3,803 |
| 2019 | $296,921 | $68,250 | $365,171 | $3,438 |
| 2018 | $259,325 | $59,630 | $318,955 | $3,870 |
| 2017 | $223,011 | $51,130 | $274,141 | $3,123 |
| 2016 | $210,835 | $49,500 | $260,335 | $2,995 |
| 2015 | $210,835 | $49,500 | $260,335 | $3,095 |
| 2014 | $213,612 | $50,000 | $263,612 | $3,113 |
| 2013 | $160,591 | $48,790 | $209,381 | $2,573 |
| 2012 | $176,507 | $49,980 | $226,487 | $2,575 |
| 2011 | $181,081 | $52,360 | $233,441 | $2,567 |
| 2010 | $190,610 | $59,500 | $250,110 | $2,543 |
| 2009 | $190,610 | $59,500 | $250,110 | $2,553 |
| 2008 | $200,395 | $32,500 | $232,895 | $2,489 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,889 sqft
Lot size
18,165 sqft
ZIP code
98284
City
Sedro Woolley
Street
Reed Way
Coordinates
48.65962, -122.32654
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,345
Gross rental yield
8.62%
Implied cap rate
5.60%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Reed Way last sell?
518 Reed Way most recently sold on Jun 20, 2023 for $605,000.
What is the current tax assessment for 518 Reed Way?
The most recent total assessment for 518 Reed Way (year 2026) is $653,998 with $5,063 in property tax.
How does 518 Reed Way's assessment compare to its last sale price?
The current assessment is 8.1% above the last sale price of $605,000.
When was 518 Reed Way built?
518 Reed Way was built in 2005.
How does 518 Reed Way compare to others on Reed Way?
We track 7 other properties on Reed Way. Browse the list under "Other properties on Reed Way" to compare beds, baths, and sale history.
What are the property facts for 518 Reed Way?
518 Reed Way is a 3 bed, 3 bath, 1,889 sqft, 18,165 sqft lot single_family.
Is 518 Reed Way a flip candidate?
No — 518 Reed Way does not appear in our flips dataset.
Is 518 Reed Way a tax-appeal candidate?
No — 518 Reed Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.3%
2026 Q3
$501.4K
2026 Q4
$497.1K
ZIP 98284 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Reed Way