Listed by John L. Scott, Inc, Bought with Redfin
NOT LISTED FOR SALE

Estimated Value: $765,000 - $1,108,369

3 Beds
2.5 Baths
1,562 Sq Ft
$626/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $1,240,000 $794 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,095/month

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Territorial View
  • Somerset Elementary School Rated A
  • Secluded Lot
  • Vaulted Ceiling

About This Home

As of March 2022

Move-in ready Somerset Village Resale. Stylish well designed floor plan in a prime location; just minutes from Downtown Bellevue, future light rail, all amenities and easy access to 405/520/I-90. This 1,562 SF home features a spacious living room w/gas fireplace, dining area, 2 generously sized guest bedrooms and high security door locks. Open Kitchen w/gas range, additional eating space and new appliances. Oversized primary suite w/vaulted ceilings, walk-in closet and 5 piece bath. Hardwood floors in kitchen area, lots of natural light, recessed lighting, central A/C and crown molding. Situated in a quiet neighborhood w/private low maintenance backyard, 2 car garage, neighborhood park and within the highly ranked Bellevue school district.

Last Agent to Sell the Property

Jon Bye

John L. Scott, Inc License #25593 Listed on: 02/24/2022

John L. Scott, Inc

Last Buyer's Agent

William Nogueira

Redfin License #21013215

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1876552

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,512

Year Built

  • Built in 2000

Lot Details

  • Open Space
  • End Unit
  • Cul-De-Sac
  • Southeast Facing Home
  • Sprinkler System
  • Private Yard

HOA Fees

  • $386 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Garage
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7856680070

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, sewer, water
  • 14 Units
  • Cm&M Company Association
  • Secondary HOA Phone (206) 784-3573
  • Somerset Village Townhomes Condos
  • Somerset Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,512

Year Built

Built in 2000

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2000
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Somerset Village Townhomes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1562
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Sprinkler System,Vaulted Ceilings,Walk-in Closet,Yard
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Central A/C, Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Cooking-Gas, Dryer-Electric, Washer
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Open Space, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southeast
  • Exterior Features: Cement Planked, Stone, Wood, Wood Products
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 241/989/246

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Central A/C,Forced Air
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer

Condo/Co-op/Association

  • Community Features: Cable TV, High Speed Int Avail, Outside Entry
  • Senior Community: No
  • Association Fee: 386
  • Association Fee Frequency: Monthly
  • Phone: 206-784-3573
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: CM&M Company
  • CommonPropertyFeatures: Cable TV,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 7856680070
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Title

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6512

Multi Family

  • Number Of Units In Community: 14
  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Somerset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 23, 2022
Sold by
James Kraus
Bought by
Tao Simon Young
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
William Nogueira
Redfin
List Price
$1,095,000
Sold Price
$1,240,000
Premium/Discount to List
$145,000
13.24%
Current Estimated Value
$978,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$261,908
Avg. Annual Appreciation
-6.45%
Original Mortgage
$647,200
Outstanding Balance
$606,305
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$371,787

Purchase Details

Closed on
Jun 7, 2004
Sold by
Xie Yong Z and Jiang Hui M
Bought by
Kraus James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.37%

Purchase Details

Closed on
May 24, 2001
Sold by
Far Northwest Development Company Llc
Bought by
Xie Yong Z and Jiang Hui M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,960
Interest Rate
6.57%
Source: Public Records

Range of Values:

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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
Tao Simon Young $1,240,000 Stewart Title
Kraus James $322,500 Transnation Ti
Xie Yong Z $299,950 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Simon Young $647,200
Previous Owner Kraus James $258,000
Previous Owner Xie Yong Z $239,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $1,240,000 +13.2% $794 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,095,000 -- $701 / 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 $6,283 $855,000 $58,900 $796,100
2023 $6,389 $1,033,000 $58,900 $974,100
2022 $6,717 $901,000 $58,900 $842,100
2021 $6,512 $817,000 $58,900 $758,100
2020 $6,749 $734,000 $58,900 $675,100
2018 $5,552 $733,000 $55,900 $677,100
2017 $4,368 $602,000 $53,000 $549,000
2016 $3,956 $499,000 $53,000 $446,000
2015 $3,082 $448,000 $53,000 $395,000
2014 -- $345,000 $45,000 $300,000
2013 -- $268,000 $41,600 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1876552

Northwest Multiple Listing Service (NWMLS)

APN: 785668-0070