Listed by Marketplace Sotheby's Intl Rty, Bought with Windermere Real Estate/East
$2,068,000
SOLD OCT 3, 2024
4 Beds
3 Baths
2,175 Sq Ft
8,800 Sq Ft Lot

Recently Sold

$951 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Lake View
  • Deck
  • Engineered Wood Flooring
  • Somerset Elementary School Rated A
  • Property is near public transit
  • 2 Fireplaces

About This Home

As of October 2024

Beautifully updated home (2022) in a quiet & peaceful part of Somerset has both views & a prime location. Short distance to Rec Club/Pool & highly desired Bellevue Schools incl. Somerset Elem, Tyee MS & Newport HS. This well maintained 4 bed/2.5bath home offers 3 bed/1.75 bath on upper level & 1 bed /.75 bath on lower level –ideal for guests, teens, generational living or home office. Mature landscaping, views of Dntwn Seattle & Bellevue, Olympic Mts & Lake WA. Incredible sunsets and 4th of July fireworks can be enjoyed from the open floorplan & oversized windows which bathe the home in natural light & warmth. 5 min from I-90 & I-405 highways and centrally located to Dntwn, Bellevue, Seattle, Se-Tac Airport, Snoqualmie Pass and many Trails.

Last Agent to Sell the Property

Tanya Franzen-Garrett

Marketplace Sotheby's Intl Rty License #101909 Listed on: 09/05/2024

Marketplace Sotheby's Intl Rty

Co-Listed By

Teng Stella Hu

Marketplace Sotheby's Intl Rty License #129086

Last Buyer's Agent

Steven Lieu

Windermere Real Estate/East License #80612

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2282892

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,854

Year Built

  • Built in 1963

Lot Details

  • 8,800 Sq Ft Lot
  • Northwest Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Split Foyer
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,175 Sq Ft Home
  • Multi-Level Property
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows
  • Washer
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 7855600700

Community Details

Overview

  • Somerset Community Association
  • Somerset Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,854

Year Built

Built in 1963

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2175
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 295

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Split
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Skylight(s), Wall to Wall Carpet, Water Heater
  • Living Area: 2175
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 2175
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 1
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northwest
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 246

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: Utililty Room
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs, Park
  • Senior Community: No
  • Association Fee: 80
  • Association Fee Frequency: Annually
  • Association: Yes
  • AssociationContactName: Somerset Community Association

Schools

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

Lot Info

  • Parcel Number: 7855600700
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.202
  • Lot Size Sq Ft: 8800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Appraisal

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 11854

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Somerset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 2, 2024
Sold by
Cheng Huang Family Trust and Cheng Jianping
Bought by
Fraser Benjamin M and Fraser Alice C
Seller's Agent
Tanya Franzen-Garrett
Marketplace Sotheby's Intl Rty
Buyer's Agent
Steven Lieu
Windermere Real Estate/East
List Price
$2,000,000
Sold Price
$2,068,000
Premium/Discount to List
$68,000
3.4%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$1,654,400
Outstanding Balance
$1,645,234
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$444,513

Purchase Details

Closed on
Jul 30, 2021
Sold by
Huang Vera H and Cheng Jianping
Bought by
Huang Vera H and Cheng Jianping

Purchase Details

Closed on
Feb 16, 2007
Sold by
Wittman Alan R and Wittman Kelly L
Bought by
Cheng Jianping and Huang Vera H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1998
Sold by
Edwards Leslie S
Bought by
Wittman Alan R and Wittman Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,650
Interest Rate
6.67%

Purchase Details

Closed on
Jan 17, 1996
Sold by
Farage Richard M
Bought by
Edwards Leslie S
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 Type Sale Price Title Company
Warranty Deed $2,068,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $807,000 Commonwealth L
Warranty Deed $350,000 Transnation Title Insurance
Warranty Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,654,400 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $315,000 Credit Line Revolving
Previous Owner $321,600 Unknown
Previous Owner $126,400 Credit Line Revolving
Previous Owner $314,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $2,108,000 -2.0% $969 / Sq Ft
05/01/2025 05/01/25 For Sale $2,150,000 +4.0% $989 / Sq Ft
10/03/2024 10/03/24 Sold $2,068,000 +3.4% $951 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $2,000,000 -- $920 / 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 $12,217 $1,665,000 $1,292,000 $373,000
2023 $10,905 $1,394,000 $1,189,000 $205,000
2022 $9,768 $1,674,000 $1,437,000 $237,000
2021 $9,403 $1,189,000 $1,005,000 $184,000
2020 $8,985 $1,061,000 $684,000 $377,000
2018 $8,426 $1,083,000 $700,000 $383,000
2017 $7,146 $915,000 $631,000 $284,000
2016 $6,618 $818,000 $564,000 $254,000
2015 $6,311 $752,000 $516,000 $236,000
2014 -- $710,000 $483,000 $227,000
2013 -- $630,000 $429,000 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2282892

Northwest Multiple Listing Service (NWMLS)

APN: 785560-0700