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

Estimated Value: $1,138,000 - $1,525,822

6 Beds
4 Baths
2,410 Sq Ft
$529/Sq Ft Est. Value

Last Sold November 02, 2016

Last sale price $700,000 $290 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,490/month

16 Days on Market

Highlights

  • Patio
  • Wood Siding
  • 1-Story Property
  • Spiritridge Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of November 2016

Great investment opportunity with this lovely creekside setting near Factoria/Somerset. Rambler style duplex down a private drive with plenty of parking. Each side has 3 bedrooms/1.75 baths/1205 square feet. New carpet and newer appliances. New roof in 2008. Carport with storage shed and electric. Tenants are month to month. Conveniently located with easy access to shopping, Bellevue schools, BCC, I-405, I-90 & Microsoft.

Last Agent to Sell the Property

Cindy Chase

John L. Scott, Inc. License #87866 Listed on: 08/18/2016

John L. Scott, Inc.

Last Buyer's Agent

Shelly Hu

Globenex Realty License #25305

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1015698

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,793

Year Built

  • Built in 1969

Lot Details

  • 0.36 Acre Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,410 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Gardenbrook Div. 2 Condos
  • Somerset Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 2694110070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,793

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gardenbrook Div. 2
  • New Construction: No
  • CalculatedSquareFootage: 2410
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Bellevue

Lot Info

  • Parcel Number: 2694110070
  • Lot Size Acres: 0.3643
  • Lot Size Sq Ft: 15870
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family
  • LotNumber: 19

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2970

Multi Family

  • Gross Scheduled Income: 34440
  • Net Operating Income: 28747
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 2410
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 20, 2016
Sold by
Andresen Debra A and Andresen Henry D
Bought by
Zhu Saiming and Xu Tingting
Seller's Agent
Cindy Chase
John L. Scott, Inc.
Buyer's Agent
Shelly Hu
Globenex Realty
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$1,273,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,706
Avg. Annual Appreciation
6.91%
Original Mortgage
$420,000
Outstanding Balance
$342,352
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$931,354

Purchase Details

Closed on
Oct 20, 2008
Sold by
Smith Marilee
Bought by
Andresen Debra A and Andresen Henry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,800
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Nguyen Amy Marie and Nguyen Amanda V
Bought by
Smith Marilee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Nguyen My Anh Thi
Bought by
Nguyen Amy Marie and Nguyen Amanda

Purchase Details

Closed on
Aug 13, 1999
Sold by
Grunewald Fred
Bought by
Nguyen My Anh Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,575
Interest Rate
6.62%

Purchase Details

Closed on
Feb 6, 1998
Sold by
Lee Harvey and Lee Catherine E
Bought by
Grunewald Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
6.98%

Purchase Details

Closed on
Jul 23, 1993
Sold by
Lee Harvey and Lee Catherine E
Bought by
Lee Harvey and Ttees Catherine E
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
Zhu Saiming $700,000 Rainier Title
Andresen Debra A $541,000 The Talon Group
Smith Marilee $350,000 Pacific Nw Tit
Nguyen Amy Marie -- Pacific Northwest Title
Nguyen My Anh Thi $259,500 Transnation Title Insurance
Grunewald Fred $165,000 Evergreen Title Company Inc
Lee Harvey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Saiming $420,000
Previous Owner Andresen Debra A $432,800
Previous Owner Smith Marilee $280,000
Previous Owner Nguyen My Anh Thi $220,575
Previous Owner Grunewald Fred $107,250
Closed Grunewald Fred $49,500
Closed Smith Marilee $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2016 11/02/16 Sold $700,000 -3.4% $290 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $725,000 -- $301 / 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 $8,840 $1,204,000 $796,000 $408,000
2023 $8,050 $946,000 $678,000 $268,000
2022 $6,873 $1,136,000 $819,000 $317,000
2021 $6,619 $836,000 $573,000 $263,000
2020 $6,332 $746,000 $390,000 $356,000
2018 $6,316 $762,000 $399,000 $363,000
2017 $5,171 $685,000 $275,000 $410,000
2016 $4,793 $591,000 $246,000 $345,000
2015 $4,397 $543,000 $225,000 $318,000
2014 -- $493,000 $211,000 $282,000
2013 -- $425,000 $188,000 $237,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1015698

Northwest Multiple Listing Service (NWMLS)

APN: 269411-0070