Listed by Windermere Real Estate/East, Bought with HERE
NOT LISTED FOR SALE

Estimated Value: $798,000 - $1,224,000

2 Beds
1 Bath
960 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,200,000 $1,250 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,536/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • Somerset Elementary School Rated A
  • Property is near public transit
  • Walk-In Pantry

About This Home

As of February 2022

Wonderful opportunity to build. Fantastic LOT value & excellent location in Bellevue. Over 10,000 SF lot offers great potential. Newer homes closeby. Home on property is very livable & has been a rental since Sellers ownership. Rent it out while planning a new home. Very clean & rentable home has 2 bedrms & good sized kitchen, 1 full bath. Storage shed at back of property. Excellent Bellevue schools, Newport High, Tyee Middle, & Somerset Elem. Close to Factoria Mall, restaurants, & shopping for convenience. EZ access to 405 & I-90 for commuting. Priced to sell quickly, rare opportunity in a perfect close-in neighborhood. Offer review 01/12/22 is firm, no early offers.

Last Agent to Sell the Property

Mina Peterson

Windermere Real Estate/East License #35330 Listed on: 01/06/2022

Windermere Real Estate/East

Last Buyer's Agent

Grace Liang

HERE License #106277

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1875888

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 1946

Lot Details

  • 10,350 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Sloped Lot
  • Zoning described as R3.5

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Schools

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

Utilities

  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Somerset Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5603500120

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,953

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1946
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Monthaven Div 01
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 960
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,279

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Double Pane/Storm Window, Walk-In Pantry, Water Heater
  • Living Area: 960
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 960
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 241, 246, 989

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Parking, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electricity Available
  • HeatingCoolingType: Baseboard,Wall
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterType: electric

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: 5603500120
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.2376
  • Lot Size Sq Ft: 10350
  • Zoning Description: R3.5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 24

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4953

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Somerset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 9, 2022
Sold by
Williams Earl R
Bought by
Cao Yong and Ye Chunni
Seller's Agent
Mina Peterson
Windermere Real Estate/East
Buyer's Agent
Grace Liang
HERE
List Price
$800,000
Sold Price
$1,200,000
Premium/Discount to List
$400,000
50%
Current Estimated Value
$1,104,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,945
Avg. Annual Appreciation
-2.09%
Original Mortgage
$720,000
Outstanding Balance
$667,037
Interest Rate
2.52%
Mortgage Type
New Conventional
Estimated Equity
$447,608

Purchase Details

Closed on
Oct 13, 1999
Sold by
Stockdale Teena M
Bought by
Williams Earl R
Source: Public Records

Range of Values:

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Average Value
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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
Cao Yong $1,200,000 Chicago Title
Williams Earl R $17,909 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Yong $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,200,000 +50.0% $1,250 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $800,000 -- $833 / 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 $6,254 $851,000 $850,000 $1,000
2023 $7,562 $883,000 $882,000 $1,000
2022 $6,143 $1,067,000 $1,066,000 $1,000
2021 $4,953 $747,000 $746,000 $1,000
2020 $4,736 $558,000 $508,000 $50,000
2018 $3,553 $557,000 $520,000 $37,000
2017 $3,021 $385,000 $376,000 $9,000
2016 $2,797 $345,000 $336,000 $9,000
2015 $2,656 $317,000 $308,000 $9,000
2014 -- $298,000 $289,000 $9,000
2013 -- $266,000 $257,000 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1875888

Northwest Multiple Listing Service (NWMLS)

APN: 560350-0120