NOT LISTED FOR SALE

Estimated Value: $1,943,000 - $2,503,000

5 Beds
3.5 Baths
4,071 Sq Ft
$565/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $1,938,000 $476 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $13,300/month

25 Days on Market

Highlights

  • Spa
  • Sauna
  • Fireplace in Primary Bedroom
  • Somerset Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of December 2023

Spectacular home in Somerset boasting incredible lake, city skyline, and Olympic Mountain views. Desirable open floorplan bathes the main and upper levels in natural light with vaulted ceilings, skylights, and walls of windows maximizing scenic vistas. Main level is designed to entertain large crowds including a grand kitchen & great room with gas fireplace & balcony. Huge primary suite on the upper level captures unobstructed, stunning views and includes its own fireplace and private balcony. Expansive lower level offers additional entertaining/living space with a sprawling rec room, wet bar & elegant sauna. Great outdoor areas for enjoying evening city lights, newer roof, top Bellevue schools, a fantastic value you don't want to miss!

Last Agent to Sell the Property

Tyler Staples

Windermere Real Estate/East License #106940 Listed on: 09/15/2023

Windermere Real Estate/East

Last Buyer's Agent

Yuan Li

Best Choice Network LLC License #132006

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2160848

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,770

Year Built

  • Built in 1985

Lot Details

  • 7,850 Sq Ft Lot
  • Property is Fully Fenced
  • Brush Vegetation
  • Sloped Lot
  • Garden
  • Property is in good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 4,071 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Sauna
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2600020060

Community Details

Overview

  • No Home Owners Association
  • Somerset Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,770

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 15 - Multi Level
  • Year Built: 1985
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Forest Hill
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 4360
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 567

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Partially Finished
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Upper (2nd Floor)
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), Sauna, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Fireplace, Water Heater
  • Living Area: 4071
  • Main Level Bedrooms: 3
  • Bathrooms: 3.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 4071
  • SquareFootageUnfinished: 289
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Flat
  • View: City, Lake, Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false

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
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: Basement storage room
  • WaterHeaterType: Gas
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs, Trail(s)
  • 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: 2600020060
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.1802
  • Lot Size Sq Ft: 7850
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Hot Tub/Spa,Patio
  • MLSLotSizeSource: Public records
  • MLSSquareFootageSource: Appraiser
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 13770

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Somerset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 21, 2023
Sold by
Kang and Liu
Bought by
Liu Kaiyuan and Li Yuan
Seller's Agent
Tyler Staples
Windermere Real Estate/East
Buyer's Agent
Yuan Li
Best Choice Network LLC
List Price
$1,988,000
Sold Price
$1,938,000
Premium/Discount to List
-$50,000
-2.52%
Total Days on Market
25
Views
29
Current Estimated Value
$2,301,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,933
Avg. Annual Appreciation
12.24%
Original Mortgage
$1,346,700
Outstanding Balance
$1,330,355
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$971,578

Purchase Details

Listed on
Aug 25, 2016
Closed on
Jan 18, 2017
Sold by
Oswald Kenneth R and Oswald Susan Lesh
Bought by
Kang Zhida and Hong Liu
Seller's Agent
Rosie Rourke
KW Mountains to Sound Realty
Buyer's Agent
Ge Tao
Skyline Properties, Inc.
List Price
$1,688,000
Sold Price
$1,373,000
Premium/Discount to List
-$315,000
-18.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$625,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 1996
Sold by
Goldstein Albert S and Goldstein Libby L
Bought by
Oswald Kenneth R and Oswald Sue A Lesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.32%

Purchase Details

Closed on
Feb 28, 1992
Sold by
Myhre Hans J and Myhre Sally L
Bought by
Goldstein Albert S and Goldstein Libby L
Source: Public Records

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Range of Values:

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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
Liu Kaiyuan $1,938,000 Cw Title
Kang Zhida $1,373,000 First American
Oswald Kenneth R $406,000 Chicago Title Insurance Co
Goldstein Albert S $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Kaiyuan $600,000
Open Liu Kaiyuan $1,346,700
Previous Owner Kang Zhida $625,000
Previous Owner Oswald Kenneth R $50,000
Previous Owner Oswald Kenneth R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $1,938,000 -2.5% $476 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,988,000 +44.8% $488 / Sq Ft
01/30/2017 01/30/17 Sold $1,373,000 +1.7% $339 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $1,350,000 -9.7% $333 / Sq Ft
09/19/2016 09/19/16 Price Changed $1,495,000 -11.4% $369 / Sq Ft
08/25/2016 08/25/16 For Sale $1,688,000 -- $417 / 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 $13,001 $1,772,000 $1,102,000 $670,000
2023 $12,669 $1,620,000 $967,000 $653,000
2022 $11,342 $1,945,000 $1,169,000 $776,000
2021 $11,181 $1,381,000 $818,000 $563,000
2020 $10,683 $1,262,000 $557,000 $705,000
2018 $10,954 $1,328,000 $570,000 $758,000
2017 $9,291 $1,190,000 $496,000 $694,000
2016 $8,604 $1,064,000 $443,000 $621,000
2015 $8,201 $978,000 $405,000 $573,000
2014 -- $923,000 $379,000 $544,000
2013 -- $819,000 $337,000 $482,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2160848

Northwest Multiple Listing Service (NWMLS)

APN: 260002-0060