NOT LISTED FOR SALE

Estimated Value: $5,423,000

1.07 Acres
$5,068,224 Price per Acre
46,609 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $3,400,000 $1,932 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $34,914/month

156 Days on Market

Highlights

  • Level Lot
  • Clyde Hill Elementary School Rated A
  • 2-minute walk to McCormick Park

About This Lot

As of April 2018

Rare opportunity for outstanding new construction project in the heart of Bellevue. Park-like setting on 1+ acre includes two tax parcels, zoned R-4 – great potential for signature 4 lot plat. Recent new construction sales in the surrounding neighborhood support $2M- $3M. Award-winning Bellevue School District & sought after commute w/ easy access to I-405 & 520. Prime location - just blocks from the Bravern Shops, nearby community parks & all of downtown Bellevue’s coveted luxury amenities.

Last Agent to Sell the Property

Bryan Loveless

Windermere R.E. Northeast, Inc License #19983 Listed on: 08/11/2015

Windermere R.E. Northeast, Inc

Last Buyer's Agent

Bryan Loveless

Windermere R.E. Northeast, Inc License #19983 Listed on: 08/11/2015

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM830064

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17

Lot Details

  • Level Lot

Community Details

  • Bellevue Community

Listing and Financial Details

  • Assessor Parcel Number 1266200330

Property Details

Property Type

Land

Est. Annual Taxes

$17

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Level: Mostly

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: East
  • Water Jurisdiction: City of Bellevue

Utilities

  • Electricity: On Property
  • Gas Available: In Street
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Bellevue
  • Project: Burrows' East Side Addition

Schools

  • Elementary School: Clyde Hill Elem
  • Middle School: Chinook Mid
  • High School: Bellevue High
  • School District: BE

Lot Info

  • Lot Number: 2 & 3
  • General Zoning Classification: Residential
  • Improvements: Fenced-Partially
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 156' x 298'
  • Lot Sq Ft: 46455
  • Parcel Number: 1266200330
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R4

Tax Info

  • Tax Amount: 12614

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2015
Closed on
Apr 30, 2018
Sold by
Thorpe Ty A and Thorpe Valrie Thorpe
Bought by
City Of Bellevue
Seller's Agent
Bryan Loveless
Windermere R.E. Northeast, Inc
Buyer's Agent
Bryan Loveless
Windermere R.E. Northeast, Inc
List Price
$3,600,000
Sold Price
$3,400,000
Premium/Discount to List
-$200,000
-5.56%
Current Estimated Value
$5,423,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,023,000
Interest Rate
4.58%

Purchase Details

Closed on
Oct 1, 2015
Sold by
Thorpe Ty N
Bought by
Thorpe Ty N and Thorpe Valrie M

Purchase Details

Closed on
Oct 16, 2001
Sold by
Estate Of Raphael W Thorpe and Thorpe Ty N
Bought by
Thorpe Ty N and Thorpe Valrie M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
City Of Bellevue -- --
Thorpe Ty N -- None Available
Thorpe Ty N -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed City Of Bellevue --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $3,400,000 -5.6% $1,932 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
08/11/2015 08/11/15 For Sale $3,600,000 -- $2,045 / 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
2020 $17 $0 $0 $0
2018 $9,124 $0 $0 $0
2017 $7,172 $991,000 $990,000 $1,000
2016 $7,172 $872,000 $871,000 $1,000
2015 $6,782 $815,000 $814,000 $1,000
2014 -- $763,000 $762,000 $1,000
2013 -- $634,000 $630,000 $4,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM830064

Northwest Multiple Listing Service (NWMLS)

APN: 126620-0331