Listed by Coldwell Banker Bain, Bought with Real Broker LLC
NOT LISTED FOR SALE

12117 NE Bel Red Rd Unit B-102 Bellevue, WA 98005

Wilburton Neighborhood

Estimated Value: $518,179 - $545,000

2 Beds
1 Bath
936 Sq Ft
$471/mo HOA Fee

Last Sold March 28, 2024

Last sale price $510,000 $545 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,599/month

6 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Balcony
  • Chinook Middle School Rated A
  • Ground Level Unit
  • Walk-In Closet

About This Home

As of March 2024

Beautifully refreshed inside and out, this ground floor condo has a superb location (Quiet 2-lane section of Bel Red), just 3 blocks from the new Wilburton light rail station, opening in April! Imagine a car-less commute to downtown Bellevue, the Spring District tech center, Microsoft, and eventually to Seattle and SeaTac. Entire complex building envelope new in 2022 (siding, windows, roofs). All brand new carpet, vinyl and interior paint in 2024. Updated appliances in cheerful white kitchen, cozy brick fireplace in living room. Private deck with attached storage closet, 2 assigned parking spaces. No rental cap. Completely move-in ready, quality affordable living in the heart of all that Bellevue has to offer!

Last Agent to Sell the Property

John McCaughey

Coldwell Banker Bain License #26138 Listed on: 02/28/2024

Coldwell Banker Bain

Co-Listed By

Paul Hart

Coldwell Banker Bain License #105235

Last Buyer's Agent

Tyler Morgan

Real Broker LLC License #25003868

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2203228

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 1978

Lot Details

  • South Facing Home

HOA Fees

  • $471 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 936 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 60 Units
  • Nui Keu Association
  • Secondary HOA Phone (425) 747-5900
  • Midlakes Condos
  • Bellevue Subdivision
  • Park Phone (425) 747-5900 | Manager Nui Keu

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,916

Year Built

Built in 1978

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Midlakes
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 936
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 4
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2203228?w=Consumer&agent=93647
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: Balcony
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Rear Deck
  • WindowCoverings: Yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: Yes

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 19 & 85

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: 50 Gallon Water Heater

Condo/Co-op/Association

  • Park Manager Name: Nui Keu
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 471
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Nui Keu
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Bellevue
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5508100140
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2916.07

Multi Family

  • Number Of Units In Community: 60
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 20, 2024
Sold by
Faraz Hassan and Faraz Inger
Bought by
Moses Igor and Xia Yizhao
Seller's Agent
John McCaughey
Coldwell Banker Bain
Buyer's Agent
Tyler Morgan
Real Broker LLC
List Price
$490,000
Sold Price
$510,000
Premium/Discount to List
$20,000
4.08%
Views
30
Current Estimated Value
$531,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,045
Avg. Annual Appreciation
2.68%
Original Mortgage
$400,000
Outstanding Balance
$393,520
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$137,525

Purchase Details

Closed on
Nov 28, 1989
Sold by
Renming Dave
Bought by
Faraz Hassan and Faraz Inger
Source: Public Records

Range of Values:

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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
Moses Igor $510,000 Chicago Title Company
Faraz Hassan $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Igor $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $510,000 +4.1% $545 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $490,000 -- $524 / 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 $3,616 $491,000 $88,500 $402,500
2023 $2,557 $371,000 $88,500 $282,500
2022 $2,707 $359,000 $88,500 $270,500
2021 $2,866 $328,000 $79,600 $248,400
2020 $3,134 $322,000 $79,600 $242,400
2018 $2,385 $306,000 $61,900 $244,100
2017 $1,809 $258,000 $53,100 $204,900
2016 $1,603 $206,000 $44,200 $161,800
2015 -- $181,000 $35,400 $145,600
2014 -- $173,000 $35,400 $137,600
2013 -- $126,000 $35,400 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2203228

Northwest Multiple Listing Service (NWMLS)

APN: 550810-0140