NOT LISTED FOR SALE

12840 SE 40th Ct Unit C2 Bellevue, WA 98006

Factoria Neighborhood

Estimated Value: $514,909 - $607,000

2 Beds
1 Bath
1,061 Sq Ft
2.18 Acres

Last Sold March 19, 2020

Last sale price $473,000 $446 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,420/month

4 Days on Market

Highlights

  • 1 Fireplace
  • Woodridge Elementary School Rated A
  • Wood Siding

About This Home

As of March 2020

Fabulous location! Well-kept 2 bedrooms, 2 bath condo with 1,000+ sq. ft. of comfortable living space. Completely remodeled & upgraded in 2017. Vaulted ceiling & spacious floor plan. Filled with sunlight all day long with S facing. 5 minutes walk distance to Factoria mall for food, shopping and entertainment. Top Bellevue schools and easy access to I-90 and I-405.

Last Agent to Sell the Property

Wei Cao

Kelly Right RE of Seattle LLC License #130011 Listed on: 02/17/2020

Kelly Right RE of Seattle LLC

Last Buyer's Agent

Wei Cao

Kelly Right RE of Seattle LLC License #130011 Listed on: 02/17/2020

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1565797

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,594

Year Built

  • Built in 1979

Lot Details

  • 2.18

Parking

  • Carport

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 1530500290

Community Details

Overview

  • Factoria Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,594

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1061

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 480
  • Community Name: Factoria
  • Project: Chateau Ville
  • Cats And Dogs: No Restrictions
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service

Schools

  • Elementary School: Woodridge Elem
  • Middle School: Tyee Mid
  • High School: Newport Snr High
  • School District: BE

Lot Info

  • Parcel Number: 1530500290

Tax Info

  • Tax Amount: 3160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 19, 2020
Sold by
Wang Chenggang and Li Ping
Bought by
Li Ping
Seller's Agent
Wei Cao
Kelly Right RE of Seattle LLC
Buyer's Agent
Wei Cao
Kelly Right RE of Seattle LLC
List Price
$414,999
Sold Price
$473,000
Premium/Discount to List
$58,001
13.98%
Current Estimated Value
$562,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,227
Avg. Annual Appreciation
4.13%
Original Mortgage
$354,750
Outstanding Balance
$257,703
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$328,061

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 18, 2020
Sold by
Wang Hongjian
Bought by
Li Ping
Seller's Agent
Wei Cao
Kelly Right RE of Seattle LLC
Buyer's Agent
Wei Cao
Kelly Right RE of Seattle LLC
List Price
$414,999
Sold Price
$473,000
Premium/Discount to List
$58,001
13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,750
Outstanding Balance
$257,703
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$328,061

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 2, 2017
Sold by
Wang Wei and Zhu Nan
Bought by
Wang Hongjian
Seller's Agent
Tianle Zhuo
Skyline Properties, Inc.
Buyer's Agent
Jianqiang Zhuo
HERE
List Price
$348,000
Sold Price
$373,000
Premium/Discount to List
$25,000
7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Sep 7, 2006
Sold by
Palmer Terry Lynn and Luckenbach Terry Lynn
Bought by
Zhu Nan and Wang Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,400
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1985
Sold by
Gtv Company
Bought by
Luckenbach Terry L
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 Buyer Sale Price Title Company
Li Ping -- Wfg Natl Ttl Co Of Wa Llc
Li Ping $473,000 Wfg Natl Ttl Co Of Wa Llc
Wang Hongjian $373,000 First American
Zhu Nan $260,000 The Talon Grou
Luckenbach Terry L $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Ping $354,750
Previous Owner Wang Wei $235,000
Previous Owner Wang Wei $183,000
Previous Owner Zhu Nan $192,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $473,000 +14.0% $446 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $414,999 +11.3% $391 / Sq Ft
05/05/2017 05/05/17 Sold $373,000 +7.2% $352 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $348,000 -- $328 / 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 $3,594 $488,000 $92,100 $395,900
2023 $3,115 $493,000 $92,100 $400,900
2022 $3,585 $438,000 $92,100 $345,900
2021 $3,476 $435,000 $92,100 $342,900
2020 $3,508 $391,000 $92,100 $298,900
2018 $2,670 $383,000 $90,100 $292,900
2017 $2,236 $289,000 $80,100 $208,900
2016 $2,033 $255,000 $76,100 $178,900
2015 $2,035 $230,000 $68,000 $162,000
2014 -- $228,000 $58,000 $170,000
2013 -- $163,000 $50,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1565797

Northwest Multiple Listing Service (NWMLS)

APN: 153050-0290