NOT LISTED FOR SALE

12509 Bel-Red Rd Unit 203 Bellevue, WA 98005

Wilburton Neighborhood

Estimated Value: $4,600,422

-- Bed
1 Bath
7,686 Sq Ft
$599/Sq Ft Est. Value

About This Home

This home is located at 12509 Bel-Red Rd Unit 203, Bellevue, WA 98005 and is currently estimated at $4,600,422, approximately $598 per square foot. 12509 Bel-Red Rd Unit 203 is a home located in King County with nearby schools including Chinook Middle School, Bellevue High School, and Cedar Park Christian International.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Forum South Building C Llc
Bought by
Forum South Llc
Current Estimated Value
$4,600,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Outstanding Balance
$1,346,413
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 27, 1997
Sold by
Lgh Partnership
Bought by
Forum South Building C Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
7.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 1995
Sold by
12509 Associates Ltd Partnership
Bought by
Lgh Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.58%
Mortgage Type
Commercial
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.

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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.

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First American

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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.

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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
Forum South Llc $3,400,000 Old Republic Title Ltd
Forum South Building C Llc $765,000 First American Title Company
Lgh Partnership $485,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forum South Llc $1,460,000
Previous Owner Forum South Building C Llc $364,500
Previous Owner Lgh Partnership $400,000
Source: Public Records

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 $27,889 $3,804,300 $2,584,800 $1,219,500
2023 $23,247 $3,112,600 $2,584,800 $527,800
2022 $21,288 $3,285,500 $2,441,200 $844,300
2021 $22,962 $2,593,800 $2,010,400 $583,400
2020 $21,095 $2,593,800 $2,010,400 $583,400
2018 $14,322 $2,305,800 $1,579,600 $726,200
2017 $13,583 $1,556,300 $1,436,000 $120,300
2016 $12,968 $1,556,300 $1,292,400 $263,900
2015 $11,387 $1,474,900 $1,148,800 $326,100
2014 -- $1,282,200 $1,148,800 $133,400
2013 -- $1,149,800 $1,148,800 $1,000
Source: Public Records

Map

Washington King County Bellevue 98005 Wilburton

12509 Bel-Red Rd Unit 203, Bellevue, WA

This home is located at 12509 Bel-Red Rd Unit 203, Bellevue, WA 98005 and is currently estimated at $4,600,422, approximately $598 per square foot. 12509 Bel-Red Rd Unit 203 is a home located in King County with nearby schools including Chinook Middle School, Bellevue High School, and Cedar Park Christian International.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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