Listed by Skyline Properties, Inc., Bought with eLink Realty
NOT LISTED FOR SALE

Estimated Value: $1,701,000 - $2,443,000

-- Bed
-- Bath
5,070 Sq Ft
$426/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $1,400,000 $276 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,832/month

39 Days on Market

Highlights

  • Cul-De-Sac
  • Wood Siding
  • Wall to Wall Carpet
  • Odle Middle School Rated A

About This Home

As of May 2018

They don't make these anymore! Updated Bell 4plex, market rent should be $7,000 monthly ($1,750 per unit), some long term tenants, Clean building, units have washer-dryer and one car garage with storage, prime location, Bell schools, Walmart, Starbucks & other amenities. Low maintenance, Near Bellevue College and Microsoft. On major bus line. HOA handles lawn maintenance, tenants pay water-sewr, sale includes 1/19th share of vac lot. No Sign,don't contact tenants, interior view with e/money

Last Agent to Sell the Property

Fred Grunewald

Skyline Properties, Inc. License #121501 Listed on: 03/09/2018

Skyline Properties, Inc.

Last Buyer's Agent

Sam Chui

eLink Realty License #52354

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1254972

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,275

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 8,149 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 5,070 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Sammamish Snr High School

Community Details

  • Fairlake Condos
  • Lake Hills Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 2460300070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,275

Year Built

Built in 1969 | Remodeled

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fairlake
  • New Construction: No
  • CalculatedSquareFootage: 5070
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: do you deserve it?
  • Special Features: None
  • Cumulative Days on Market: 365

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Torch Down
  • Lot Features: Alley, Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Slab
  • Property Condition: Remodeled
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: public
  • SewerCompany: public
  • WaterCompany: public
  • WaterSewerGarbage: 880

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellevue
  • High School: Sammamish Snr High

Lot Info

  • Parcel Number: 2460300070
  • Lot Size Acres: 0.1871
  • Lot Size Sq Ft: 8149
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family
  • LotNumber: 7

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 6635

Multi Family

  • Gross Scheduled Income: 79620
  • Net Operating Income: 67585
  • Number Of Units Total: 4
  • Insurance Expense: 1880
  • Leasable Area: 4150
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 8275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
May 8, 2018
Sold by
Kaba Investments Llc
Bought by
Wang Yining and Wang Qian Dong
Seller's Agent
Fred Grunewald
Skyline Properties, Inc.
Buyer's Agent
Sam Chui
eLink Realty
List Price
$1,399,950
Sold Price
$1,400,000
Premium/Discount to List
$50
0.004%
Current Estimated Value
$2,160,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,796
Avg. Annual Appreciation
8.75%
Original Mortgage
$1,120,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 2013
Sold by
Hsiao Wei Ting
Bought by
Kaba Investments Llc

Purchase Details

Listed on
Jan 27, 2013
Closed on
May 10, 2013
Sold by
Wu Jimmy and Hsiao Wei Ting
Bought by
Hsiao Wei Ting
Buyer's Agent
Quan To
AgencyOne
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$503,750
Interest Rate
3.5%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Wang Janice Yu
Bought by
Wang Xue Zhong and Feng Xue Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2006
Sold by
Compton James D
Bought by
Wang Janice Yu and Wang Xue Zhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
6.29%

Purchase Details

Closed on
May 12, 2000
Sold by
Paterson Donald B and Paterson Bonnie A
Bought by
Compton James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Interest Rate
8.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wang Yining $1,400,000 Chicago Title
Kaba Investments Llc -- None Available
Hsiao Wei Ting -- Rainier Title
Hsiao Wei Ting $775,000 Rainier Title
Wang Xue Zhong -- None Available
Wang Janice Yu $725,000 Fidelity Natio
Compton James D $474,500 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Qian Dong $1,023,750
Closed Wang Yining $1,120,000
Previous Owner Hsiao Wei Ting $503,750
Previous Owner Wang Xue Zhong $535,000
Previous Owner Wang Xue Zhong $546,000
Previous Owner Wang Xue Z $542,000
Previous Owner Wang Janice Yu $543,750
Previous Owner Compton James D $203,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $1,400,000 0.0% $276 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $1,399,950 0.0% $276 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $1,399,950 0.0% $276 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $1,399,950 +80.6% $276 / Sq Ft
05/15/2013 05/15/13 Sold $775,000 -8.7% $187 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
01/27/2013 01/27/13 For Sale $849,000 -- $205 / 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 $11,030 $1,503,000 $317,800 $1,185,200
2023 $11,239 $1,623,000 $293,300 $1,329,700
2022 $12,105 $1,587,000 $285,200 $1,301,800
2021 $12,950 $1,474,000 $268,900 $1,205,100
2020 $11,379 $1,462,000 $268,900 $1,193,100
2018 $8,288 $1,060,000 $260,700 $799,300
2017 $7,337 $900,000 $260,700 $639,300
2016 $7,058 $840,000 $260,700 $579,300
2015 -- $802,000 $244,400 $557,600
2014 -- $764,000 $171,100 $592,900
2013 -- $689,000 $146,600 $542,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1254972

Northwest Multiple Listing Service (NWMLS)

APN: 246030-0070