Listed by Berkshire Hathaway HS NW, Bought with Pellego, Inc.
NOT LISTED FOR SALE

Estimated Value: $2,710,000 - $3,147,000

0.17 Acre
$17,032,859 Price per Acre
7,590 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $1,050,000 $1,061 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $16,876/month

64 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 4-minute walk to Ivanhoe Park
  • Sherwood Forest Elementary School Rated A-

About This Lot

As of December 2023

Come walk the lot and see new house placement on Sat 5/13 12pm-2pm. Situated on a quiet street, flat lot with no large trees. Building permit application is ready to be submitted. Architect floor plans are available 4044 SFT/ 5BR - 4.5 Bath. Spent $75,000 on topographical survey, title report, soil test, Geo-Tech, structural and civil engineering drainage plans which means you are saving close to 8 months of time/effort in pre-permitting. Build your Luxurious dream home with two-story great room, den, dining room, over sized mud room, guest suite on the main level with media, Primary and two additional bedrooms on the top floor. Current lease is through July 2023 and can be extended. Top rated Bellevue School District

Last Agent to Sell the Property

Martin Ho

Berkshire Hathaway HS NW License #118624 Listed on: 03/23/2023

Berkshire Hathaway HS NW

Last Buyer's Agent

Jehan Dewan

Pellego, Inc. License #110905

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2047599

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,463

Lot Details

  • 7,590 Sq Ft Lot
  • Level Lot

Schools

  • Sherwood Forest Elementary School
  • Highland Mid Middle School
  • Interlake Snr High School

Community Details

  • No Home Owners Association
  • Bellevue Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3298300400

Property Details

Property Type

Land

Est. Annual Taxes

$5,463

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 660

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Lot Features: Curbs
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • WaterJurisdiction: City of Bellevue

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: Available
  • GasStatus: Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellevue
  • High School: Interlake Snr High
  • Middle Or Junior School: Highland Mid

Lot Info

  • Parcel Number: 3298300400
  • Topography: Level
  • Lot Size Acres: 0.1742
  • Lot Size Sq Ft: 7590
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5463

MLS Schools

  • Elementary School: Sherwood Forest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Dec 13, 2023
Sold by
Rathnam Sneha Reddy and Rathnam Madhu
Bought by
Home Project 474 Llc
Seller's Agent
Martin Ho
Berkshire Hathaway HS NW
Buyer's Agent
Jehan Dewan
Pellego, Inc.
List Price
$1,070,000
Sold Price
$1,050,000
Premium/Discount to List
-$20,000
-1.87%
Total Days on Market
64
Views
110
Current Estimated Value
$2,860,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,810,006
Avg. Annual Appreciation
66.98%
Original Mortgage
$1,729,464
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 26, 2021
Sold by
Schulz Patrick and Schulz Alice
Bought by
Rathnam Sneha Reddy and Rebbana Madhu
Seller's Agent
Alison Carter
John L. Scott, Inc.
Buyer's Agent
Pranathi Nandivada
Kelly Right RE of Seattle LLC
List Price
$900,000
Sold Price
$955,000
Premium/Discount to List
$55,000
6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$847,459
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
Sold by
Pearson Victor E
Bought by
Schulz Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1999
Sold by
Sinnett Michael K
Bought by
Pearson Victor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.5%

Purchase Details

Closed on
Jun 5, 1992
Sold by
Clark Joseph A and Clark Tamra W
Bought by
Sinnett Michael K
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
Home Project 474 Llc $1,050,000 Chicago Title
Rathnam Sneha Reddy $955,000 Wfg Natl Ttl Co Of Wa Llc
Schulz Kathryn A $239,000 Transnation Ti
Pearson Victor E $184,450 Chicago Title Insurance Co
Sinnett Michael K $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Chen $2,280,000
Closed Home Project 474 Llc $1,729,464
Previous Owner Rathnam Sneha Reddy $847,459
Previous Owner Schulz Kathryn A $119,200
Previous Owner Schulz Kathryn A $119,000
Previous Owner Pearson Victor E $175,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $1,050,000 -1.9% $1,061 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $1,070,000 +12.0% $1,081 / Sq Ft
10/29/2021 10/29/21 Sold $955,000 +6.1% $965 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $900,000 -- $909 / 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 $14,598 $1,990,000 $874,000 $1,116,000
2023 $5,610 $716,000 $712,000 $4,000
2022 $5,463 $921,000 $895,000 $26,000
2021 $5,157 $664,000 $535,000 $129,000
2020 $5,032 $581,000 $473,000 $108,000
2018 $4,352 $566,000 $463,000 $103,000
2017 $3,553 $472,000 $388,000 $84,000
2016 $3,078 $406,000 $337,000 $69,000
2015 $3,091 $349,000 $295,000 $54,000
2014 -- $347,000 $293,000 $54,000
2013 -- $281,000 $236,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2047599

Northwest Multiple Listing Service (NWMLS)

APN: 329830-0400