Listed by TEC Real Estate Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,137,000 - $2,011,000

0.18 Acre
$7,816,083 Price per Acre
7,841 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $770,000

Est. 81% increase in value since last sale

Current estimated payment $8,148/month

About This Lot

As of November 2020

Build your dream home on this rare opportunity in Lower Somerset - utilities available! This sought after lot is ready to build and on a dead end street. Located in a desirable neighborhood with close proximity to Factoria Mall, entertainment, restaurants, easy access to I-405 and I-90, and in the award-winning Bellevue school district.

Last Agent to Sell the Property

Ann Yeh

TEC Real Estate Inc. License #135473 Listed on: 10/23/2020

Last Buyer's Agent

Vincent Chunhua Chen

Skyline Properties, Inc. License #118898

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1680638

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,656

Lot Details

  • Street terminates at a dead end
  • Corner Lot
  • Level Lot

Utilities

  • Sewer in Street

Community Details

  • Somerset Community

Listing and Financial Details

  • Assessor Parcel Number 1624059153

Property Details

Property Type

Land

Est. Annual Taxes

$6,656

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: West

Utilities

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

Condo/Co-op/Association

  • Community Name: Somerset

Schools

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

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Corner Lot, Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 7954
  • Parcel Number: 1624059153
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R-5

Tax Info

  • Tax Amount: 4483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Oct 29, 2020
Sold by
Lakemount Llc
Bought by
Xu Mingmei and Shi Yifan
Seller's Agent
Ann Yeh
TEC Real Estate Inc.
Buyer's Agent
Vincent Chunhua Chen
Skyline Properties, Inc.
List Price
$738,000
Sold Price
$770,000
Premium/Discount to List
$32,000
4.34%
Current Estimated Value
$1,393,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,505
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Oct 12, 2012
Sold by
Unique Homes Llc
Bought by
Lakemount Llc

Purchase Details

Closed on
Aug 5, 2005
Sold by
Hsi Ching W
Bought by
Unique Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.56%

Purchase Details

Closed on
Mar 16, 2004
Sold by
Chen Shao
Bought by
Hsi Ching W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.25%

Purchase Details

Closed on
Mar 13, 2004
Sold by
Wu Wen Chung Stewart and Wu Cheng Yuan Tourisa
Bought by
Hsi Ching W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.25%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Chen Joe
Bought by
Hsi Ching W

Purchase Details

Closed on
Aug 4, 1994
Sold by
Chen Shao Min
Bought by
Chen Shao Min and Chen Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
6.62%

Purchase Details

Closed on
Jan 16, 1992
Sold by
Chen Joe
Bought by
Chen Shao Min
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
Xu Mingmei $770,000 Cw Title
Lakemount Llc -- None Available
Sophia & Ellen Investment Llc -- None Available
Unique Homes Llc $1,100,000 Fidelity Natio
Hsi Ching W $25,288 --
Hsi Ching W $165,000 --
Hsi Ching W -- --
Chen Shao Min -- First American Title Ins Co
Chen Shao Min -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Unique Homes Llc $550,000
Previous Owner Hsi Ching W $300,000
Previous Owner Chen Shao Min $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $770,000 +4.3% --
10/23/2020 10/23/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $738,000 -- --
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 $6,656 $906,000 $906,000 --
2023 $7,859 $918,000 $918,000 $0
2022 $6,381 $1,109,000 $1,109,000 $0
2021 $4,688 $776,000 $776,000 $0
2020 $4,483 $528,000 $528,000 $0
2018 $3,790 $540,000 $540,000 $0
2017 $3,211 $411,000 $411,000 $0
2016 $2,962 $367,000 $367,000 $0
2015 $2,805 $336,000 $336,000 $0
2014 -- $315,000 $315,000 $0
2013 -- $280,000 $280,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1680638

Northwest Multiple Listing Service (NWMLS)

APN: 162405-9153