Listed by Windermere Real Estate/East, Bought with Lake & Company
$469,000
SOLD MAY 26, 2023

12388 SE 41st Ln Unit 2 Bellevue, WA 98006

Factoria Neighborhood
2 Beds
1 Bath
897 Sq Ft
$472/mo HOA Fee

Recently Sold

$523 Per Sq Ft

5% Above List Price

2 Days on Market

Highlights

  • Bamboo Flooring
  • Ground Level Unit
  • Balcony
  • Newport Heights Elementary School Rated A
  • Community Garden
  • Patio

About This Home

As of May 2023

Enjoy the best of city living while tucked away within beautiful gardens in this stunning ground floor condo! Almost all aspects of this home have been remodeled within the last 6 years, including the kitchen, bathroom, flooring... wow! Circular floorplan with 3/4 bath + extra sink for primary bedroom. Tranquil views of mature landscaping greet you from all rooms + easy indoor-outdoor access to private patio from living room & primary bedroom. Spacious kitchen w/ quartz counters & bamboo flooring, wood-burning fireplace, 1 year old washer/dryer. Well-managed HOA: roofs just replaced, individual siding & windows on the slate. Storage off patio, 1 car individual garage, close proximity to retail, transit, excellent BSD schools. Welcome home!

Last Agent to Sell the Property

Marion Holder

Windermere Real Estate/East License #114001 Listed on: 05/05/2023

Windermere Real Estate/East

Co-Listed By

Laurie Hope

Windermere Real Estate/East License #15316

Last Buyer's Agent

Sarah Nickel Smith

Lake & Company License #121670

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2063217

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1982

Lot Details

  • Open Space
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 897 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

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

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit

Schools

  • Newport Heights Elementary School
  • Tyee Mid Middle School
  • Newport Snr High School

Utilities

  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 1735000020

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, snow removal, water
  • 64 Units
  • Michelle Weaver Association
  • Secondary HOA Phone (425) 553-1297
  • Concord Hill Condos
  • Factoria Subdivision
  • Park Phone (425) 553-1297 | Manager Michelle Weaver with Best Mgmt Co.

Amenities

  • Community Garden

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,150

Year Built

Built in 1982

Lot Details

0

HOA Fees

$472 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1982
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Concord Hill
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 897
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 3
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows
  • Special Features: None
  • Cumulative Days on Market: 797

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Vinyl Plank, Carpet
  • Interior Amenities: Bamboo/Cork, Wall to Wall Carpet, Balcony/Deck/Patio, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • 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: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: On Patio

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: Garage #88

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterHeaterLocation: Bathroom Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Garden Space, Outside Entry
  • Park Manager Name: Michelle Weaver with Best Mgmt Co.
  • Park Manager Phone: 425-553-1297
  • Senior Community: No
  • Association Fee: 472
  • Association Fee Frequency: Monthly
  • Phone: 425-553-1297
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Michelle Weaver
  • CoOp: false
  • CommonPropertyFeatures: Garden Space,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Sewer, Snow Removal, Water

Schools

  • Junior High Dist: Bellevue
  • High School: Newport Snr High
  • Middle Or Junior School: Tyee Mid

Lot Info

  • Parcel Number: 1735000020
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3150

Multi Family

  • Number Of Units In Community: 64
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Newport Heights Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
May 17, 2023
Sold by
Sharp Jodie Lou
Bought by
Reichenbach Connor
Seller's Agent
Marion Holder
Windermere Real Estate/East
Buyer's Agent
Sarah Nickel Smith
Lake & Company
List Price
$445,000
Sold Price
$469,000
Premium/Discount to List
$24,000
5.39%
Views
25
Current Estimated Value
$484,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,592
Avg. Annual Appreciation
1.51%
Original Mortgage
$375,200
Outstanding Balance
$366,557
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$118,035

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 2, 2017
Sold by
Mcdill Dawn Dufford
Bought by
Sharp Jodie Lou
Seller's Agent
Peggy Hill
Windermere Real Estate Central
Buyer's Agent
Jina Yotty
Jina J Real Estate
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$245,000
Interest Rate
3.85%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Mcdill Paul L
Bought by
Mcdill Dawn Dufford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.87%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $469,000 Cw Title
Warranty Deed $350,000 Cw Title & Escrow
Warranty Deed -- Stewart Title
Warranty Deed $169,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,200 New Conventional
Previous Owner $236,500 New Conventional
Previous Owner $245,000 No Value Available
Previous Owner $109,500 No Value Available
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $469,000 +5.4% $523 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $445,000 +27.1% $496 / Sq Ft
11/09/2017 11/09/17 Sold $350,000 +2.9% $390 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $340,000 -- $379 / 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 $2,964 $402,000 $79,000 $323,000
2023 $3,115 $493,000 $79,000 $414,000
2022 $3,115 $438,000 $76,200 $361,800
2021 $3,007 $382,000 $76,200 $305,800
2020 $3,029 $338,000 $76,200 $261,800
2018 $2,578 $325,000 $73,500 $251,500
2017 $2,079 $279,000 $70,800 $208,200
2016 $1,884 $237,000 $68,100 $168,900
2015 $1,876 $213,000 $65,300 $147,700
2014 -- $210,000 $59,900 $150,100
2013 -- $138,000 $54,400 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2063217

Northwest Multiple Listing Service (NWMLS)

APN: 173500-0020