Listed by Skyline Properties, Inc., Bought with Real Broker LLC
NOT LISTED FOR SALE

12119 Bel Red Rd Unit B304 Bellevue, WA 98005

Wilburton Neighborhood

Estimated Value: $509,301 - $546,000

2 Beds
1 Bath
920 Sq Ft
$553/mo HOA Fee

Last Sold March 12, 2020

Last sale price $385,000 $418 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,669/month

7 Days on Market

Highlights

  • Unit is on the top floor
  • 2.45 Acre Lot
  • Vaulted Ceiling
  • Chinook Middle School Rated A
  • Territorial View
  • Balcony

About This Home

As of March 2020

Tucked between 2 future light rail stations (Wilburton and Spring District-2023 completion), this top floor 2BR/1BTH condo boasts 2 large bedrooms with closets, hallway bath, updated galley kitchen, dining area adjacent to living room with vaulted ceiling. Balcony off living room is facing west/north with territorial view. Washer/dryer inside unit. Recent updates include new carpet, hot water heater and dishwasher. Award winning Bellevue School District. 2 reserved parking spaces. No rental cap.

Last Agent to Sell the Property

Scott Hotes

Skyline Properties, Inc. License #1085 Listed on: 02/25/2020

Skyline Properties, Inc.

Last Buyer's Agent

Jamie Lin

Real Broker LLC License #133803

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1569574

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1978

Lot Details

  • 2.45

HOA Fees

  • $553 Monthly HOA Fees

Property Views

  • Territorial
  • Limited

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 920 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Open Parking

Additional Features

  • Balcony
  • Unit is on the top floor

Community Details

  • Association fees include common area maintenance, garbage, water/sewer
  • 60 Units
  • Cherie Haven Association
  • Secondary HOA Phone (425) 747-5900
  • Midlake Condominium Condos
  • Midlakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5508100240

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,601

Year Built

Built in 1978

Lot Details

0

HOA Fees

$553 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Midlake Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 920
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 15
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Top Floor,Vaulted Ceilings
  • SOCComments: You deserve it!!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Cooking-Electric, Dryer-Electric, Washer
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 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: 3
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
  • StorageLocation: balcony

Exterior Features

  • Roof: Composition
  • View: Partial, Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 15,117

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Community Features: Outside Entry
  • Association Fee: 553
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Common Interest: Condominium
  • AssociationContactName: Cherie Haven
  • CommonPropertyFeatures: Outside Entry

Fee Information

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

Schools

  • Junior High Dist: Bellevue

Lot Info

  • Parcel Number: 5508100240
  • Lot Size Acres: 2.4466
  • Lot Size Sq Ft: 106576
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2601

Multi Family

  • Number Of Units In Community: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 2, 2020
Sold by
Cheng Kai and Lee Elise
Bought by
Cui Wenbo and Du Yang
Seller's Agent
Scott Hotes
Skyline Properties, Inc.
Buyer's Agent
Jamie Lin
Real Broker LLC
List Price
$359,000
Sold Price
$385,000
Premium/Discount to List
$26,000
7.24%
Current Estimated Value
$526,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,825
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Jun 21, 2006
Sold by
Fessler James S
Bought by
Cheng Kai and Lee Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.55%

Purchase Details

Closed on
Aug 6, 2003
Sold by
Taylor Brandon J and Taylor Jessica R
Bought by
Fessler James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
4.37%

Purchase Details

Closed on
Apr 25, 2000
Sold by
Lopez Marlene and Beai Marlene
Bought by
Taylor Brandon J and Juette Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
8.24%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Cui Wenbo $385,000 Old Republic Title Ltd
Cheng Kai $194,950 Commonwealth L
Fessler James S $129,000 Washington Tit
Taylor Brandon J $97,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Kai $146,000
Previous Owner Fessler James S $103,200
Previous Owner Taylor Brandon J $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold $385,000 +7.2% $418 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $359,000 -- $390 / 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 $3,748 $509,000 $95,900 $413,100
2023 $2,691 $383,000 $95,900 $287,100
2022 $3,027 $378,000 $95,900 $282,100
2021 $2,936 $367,000 $86,300 $280,700
2020 $3,238 $330,000 $86,300 $243,700
2018 $2,403 $315,000 $67,100 $247,900
2017 $1,818 $260,000 $57,500 $202,500
2016 $1,682 $207,000 $47,900 $159,100
2015 $1,618 $190,000 $38,300 $151,700
2014 -- $181,000 $38,300 $142,700
2013 -- $135,000 $38,300 $96,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1569574

Northwest Multiple Listing Service (NWMLS)

APN: 550810-0240