Seller's Agent in 2024
Michael Urquhart
Paragon Real Estate Advisors
(206) 812-9123
1 in this area
87 Total Sales
Listed by Paragon Real Estate Advisors, Bought with Paragon Real Estate Advisors
1301 Bellevue Way SE Bellevue, WA 98004
Southwest Bellevue NeighborhoodEstimated Value: $2,795,000 - $2,999,000
--
Bed
--
Bath
5,782
Sq Ft
$500/Sq Ft
Est. Value
About This Home
As of June 2024This rare opportunity sits on a large 20,897 square foot lot zoned R-10 on a quiet, residential street in one of the most desired cities in the Puget Sound area. The Bellevue Fourplex consists of two large three bedroom two and a half bath townhouse units and two large three bedroom two bath townhouse units ranging in size from 1,339 to 1,552 square feet. One of the four units has just undergone a complete renovation that highlights the upside potential for the other three units. These two-story units have private patios, fireplaces, and in-unit washer and dryer. The zoning presents the opportunity to develop four homes on the property with comparable homes trading around $2.3M each (buyer to verify).
Last Agent to Sell the Property
Paragon Real Estate Advisors License #135356 Listed on: 05/15/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2238299
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,289
Year Built
- Built in 1980
Lot Details
- 0.48
Home Design
- Quadruplex
- Built-Up Roof
- Stucco
Interior Spaces
- 5,782 Sq Ft Home
- 2-Story Property
Parking
- 8 Parking Spaces
- Open Parking
Additional Features
- 0.48 Acre Lot
- Radiant Heating System
Community Details
- No Home Owners Association
- Bellevue Subdivision
Listing and Financial Details
- Assessor Parcel Number 2213000075
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2024
Closed on
Jun 14, 2024
Sold by
Brace Point Properties Ii Llc
Bought by
Kerry Park Residence Llc
Seller's Agent
Michael Urquhart
Paragon Real Estate Advisors
Buyer's Agent
Nick Hemming
Paragon Real Estate Advisors
List Price
$2,550,000
Sold Price
$2,765,000
Premium/Discount to List
$215,000
8.43%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,928
Avg. Annual Appreciation
4.27%
Original Mortgage
$2,073,750
Outstanding Balance
$2,056,600
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$842,328
Purchase Details
Closed on
Apr 27, 2023
Sold by
Brace Point Properties Llc
Bought by
Brace Point Properties Ii Llc
Purchase Details
Closed on
Dec 21, 2004
Sold by
Neckas Christina
Bought by
Brace Point Properties Llc
Purchase Details
Closed on
Sep 24, 1985
Sold by
@ Great Western Savings Bank
Bought by
Christina Neckas
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kerry Park Residence Llc | $2,763,000 | Stewart Title | |
| Brace Point Properties Ii Llc | -- | Chicago Title | |
| Brace Point Properties Llc | -- | -- | |
| Christina Neckas | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kerry Park Residence Llc | $2,073,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $2,765,000 | +8.4% | $478 / Sq Ft |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- |
| 05/15/2024 05/15/24 | For Sale | $2,550,000 | -- | $441 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $13,602 | $1,854,000 | $1,253,800 | $600,200 |
| 2023 | $17,308 | $2,214,000 | $1,253,800 | $960,200 |
| 2022 | $15,738 | $2,225,000 | $1,253,800 | $971,200 |
| 2021 | $16,551 | $1,917,000 | $1,149,300 | $767,700 |
| 2020 | $15,924 | $1,869,000 | $1,149,300 | $719,700 |
| 2018 | $12,775 | $1,580,000 | $940,300 | $639,700 |
| 2017 | $11,523 | $1,388,000 | $835,800 | $552,200 |
| 2016 | $10,896 | $1,320,000 | $835,800 | $484,200 |
| 2015 | -- | $1,239,000 | $626,900 | $612,100 |
| 2014 | -- | $1,144,400 | $626,900 | $517,500 |
| 2013 | -- | $1,022,000 | $626,900 | $395,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Brian Platt
Paragon Real Estate Advisors
(206) 812-9130
1 in this area
56 Total Sales
-
Buyer's Agent in 2024
Nick Hemming
Paragon Real Estate Advisors
(206) 812-9105
1 in this area
44 Total Sales
-
Buyer Co-Listing Agent in 2024
Ryan Iles
Paragon Real Estate Advisors
(206) 812-9115
1 in this area
18 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2238299
APN: 221300-0075
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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