Listed by Windermere Real Estate/East, Bought with Windermere Bellevue Commons
$1,800,000
SOLD MAR 14, 2025

12939 SE 46th Ln Bellevue, WA 98006

Factoria Neighborhood
3 Beds
3 Baths
1,860 Sq Ft
0.39 Acres

Recently Sold

$968 Per Sq Ft

14% Above List Price

1 Day on Market

Highlights

  • Deck
  • Territorial View
  • Wood Flooring
  • Somerset Elementary School Rated A
  • Vaulted Ceiling
  • No HOA

About This Home

As of March 2025

Lower Somerset Rewards! Available for the first time in over forty-five years, a distinctive offer matches opportunity! Originally constructed in 1948 this charming home, with various updates through the years, invites you to reimagine its future. Bring your creativity to bring renewed grandeur to the home or tear it down build your dream home or potentially divide for two spectacular properties. 16988 sq ft corner lot, with R-5 zoning, allowing for 7200 sq ft lots. The location is ideal, the setting serene, all utilities in place, minutes to shopping, restaurants, entertainment, parks, trails and coveted Somerset Elementary, Tyee Middle and Newport High Schools. What an opportunity, let your imagination wander, possibilities are endless!

Last Agent to Sell the Property

Rick Franz

Windermere Real Estate/East License #1956 Listed on: 03/05/2025

Windermere Real Estate/East

Last Buyer's Agent

Lynn Eng-Lei

Windermere Bellevue Commons License #8927

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2339846

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,647

Year Built

  • Built in 1948

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Somerset Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1624059151

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,647

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1948
  • Inclusions: Dishwasher(s),Dryer(s),LeasedEquipment,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1860
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 49

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Concrete, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater
  • Living Area: 1860
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1860
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: Lower Level
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 1624059151
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988
  • Zoning: R-5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: KCAR
  • MLSSquareFootageSource: KCAR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10646.99

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Somerset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Mar 14, 2025
Sold by
James And Jacqueline Palmquist Living Tr and Boehm Pamela A
Bought by
Lin Sharon Liu and Lin Shih-Li Bruce
Seller's Agent
Rick Franz
Windermere Real Estate/East
Buyer's Agent
Lynn Eng-Lei
Windermere Bellevue Commons
List Price
$1,585,000
Sold Price
$1,800,000
Premium/Discount to List
$215,000
13.56%
Total Days on Market
1
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.43%
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 $1,800,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $1,800,000 +13.6% $968 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $1,585,000 -- $852 / 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 $10,356 $1,411,000 $1,277,000 $134,000
2023 $10,647 $1,361,000 $918,000 $443,000
2022 $9,530 $1,634,000 $1,109,000 $525,000
2021 $9,173 $1,160,000 $776,000 $384,000
2020 $8,767 $1,035,000 $528,000 $507,000
2018 $7,138 $1,033,000 $540,000 $493,000
2017 $6,056 $775,000 $436,000 $339,000
2016 $5,608 $693,000 $390,000 $303,000
2015 $5,167 $637,000 $357,000 $280,000
2014 -- $581,000 $334,000 $247,000
2013 -- $516,000 $297,000 $219,000
Source: Public Records

Agents Affiliated with this Home

  • Rick Franz

    Seller's Agent in 2025

    Rick Franz

    Windermere Corporate

    (206) 999-9718

    1 in this area

    115 Total Sales

    Rick Franz
    Section Image
  • Lynn Eng-Lei

    Buyer's Agent in 2025

    Lynn Eng-Lei

    Windermere Corporate

    (206) 234-5966

    6 in this area

    72 Total Sales

    Lynn Eng-Lei
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2339846

Northwest Multiple Listing Service (NWMLS)

APN: 162405-9151

Washington King County Bellevue 98006 Factoria

12939 SE 46th Ln, Bellevue, WA

This home is located at 12939 SE 46th Ln, Bellevue, WA 98006 and is currently priced at $1,800,000, approximately $967 per square foot. This property was built in 1948. 12939 SE 46th Ln is a home located in King County with nearby schools including Somerset Elementary School, Tyee Middle School, and Newport High School.

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.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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