NOT LISTED FOR SALE

Estimated Value: $7,056,000 - $7,933,000

7 Beds
2 Baths
9,430 Sq Ft
$791/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $4,000,000 $424 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $44,762/month

400 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Wooded Lot
  • Somerset Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2019

Privacy abounds in this Somerset estate on an immaculately landscaped 3+ acre lot. Unparalleled & unobstructed 180 degree view of Lake WA, Seattle & Bellevue Skylines, Olympic & Cascade Mtns. Western exposure provides breathtaking sunsets! Inviting interior spaces & spa-like amenities throughout. Backyard oasis w/stunning pool, hot tub, sports court, putting green, & cascading waterfall. Easy access to Factoria Mall, DT Bellevue, I-90, I-405. Located within best school district in Washington!

Last Agent to Sell the Property

Bob Moawad

John L. Scott, Inc. License #35175 Listed on: 08/07/2018

John L. Scott, Inc.

Co-Listed By

Andy Sather

John L. Scott, Inc. License #81882

Last Buyer's Agent

Bob Lee

Better Properties - Metro License #22079

Better Properties - Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1341825

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,310

Year Built

  • Built in 1992

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Brush Vegetation
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R 3.5

Parking

  • Attached Garage

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof

Interior Spaces

  • 2 Bathrooms
  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Somerset Community

Listing and Financial Details

  • Assessor Parcel Number 1524059147

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,310

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Wine Cellar, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 7.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 6.00
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Main: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Upper
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 9430
  • Square Footage Finished: 9430

Exterior Features

  • Exterior: Brick
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: City, Lake, Mountain
  • Pool: In-Ground

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Bellevue
  • Water Company: Bellevue
  • Water Heater: 1 Upstairs/2 Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Somerset

Schools

  • Elementary School: Somerset Elem
  • Middle School: Tyee Mid
  • High School: Newport Snr High
  • School District: BE

Lot Info

  • Lot Number: 2
  • Lot Details: Paved Street
  • Lot Sq Ft: 135243
  • Lot Topography Vegetation: Brush, Partial Slope, Wooded
  • Parcel Number: 1524059147
  • Zoning Code: R 3.5
  • Zoning Jurisdiction: County
  • Lot Topography: Brush, Partial Slope, Wooded

Tax Info

  • Tax Amount: 39494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 21, 2019
Sold by
Moger Steven H and Moger Barbara E
Bought by
Tianju Usa Llc
Seller's Agent
Bob Moawad
John L. Scott, Inc.
Buyer's Agent
Bob Lee
Better Properties - Metro
List Price
$6,688,000
Sold Price
$4,000,000
Premium/Discount to List
-$2,688,000
-40.19%
Current Estimated Value
$7,461,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,461,082
Avg. Annual Appreciation
10.27%
Original Mortgage
$2,400,000
Outstanding Balance
$2,130,107
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$4,943,404

Purchase Details

Closed on
Sep 6, 2011
Sold by
Smith Keith
Bought by
Moger Steven H and Moger Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2004
Sold by
Payton Gary
Bought by
Smith Keith L

Purchase Details

Closed on
Jun 10, 1997
Sold by
Payton Gary
Bought by
Gary Payton Living Trust

Purchase Details

Closed on
Feb 21, 1997
Sold by
Cancelosi M L and Cancelosi Leatha
Bought by
Payton Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
7.5%

Purchase Details

Closed on
Dec 19, 1996
Sold by
Quail Ridge Ltd Partnership
Bought by
Cancelosi M L and Cancelosi Leatha

Purchase Details

Closed on
Nov 2, 1995
Sold by
Cancelosi M L and Cancelosi Leatha
Bought by
Quail Ridge Ltd Partnership
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
Tianju Usa Llc $4,000,000 First American Title
Moger Steven H $2,450,000 Rainier Title
Smith Keith L $3,189,000 Pacific Nw Tit
Gary Payton Living Trust -- Evergreen Title Company Inc
Payton Gary $2,200,000 Evergreen Title Company Inc
Cancelosi M L -- --
Quail Ridge Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tianju Usa Llc $2,400,000
Previous Owner Moger Steven H $1,837,500
Previous Owner Smith Keith L $139,400
Previous Owner Smith Keith L $2,250,500
Previous Owner Smith Keith L $1,400,000
Previous Owner Smith Keith L $350,000
Previous Owner Payton Gary $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $4,000,000 -6.9% $424 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/30/2019 08/30/19 Price Changed $4,298,000 -14.0% $456 / Sq Ft
04/12/2019 04/12/19 Price Changed $4,998,000 -16.7% $530 / Sq Ft
10/23/2018 10/23/18 Price Changed $5,998,000 -10.3% $636 / Sq Ft
08/07/2018 08/07/18 For Sale $6,688,000 -- $709 / 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 $49,310 $6,728,000 $2,278,000 $4,450,000
2023 $44,674 $5,064,000 $1,708,000 $3,356,000
2022 $36,790 $6,316,000 $2,063,000 $4,253,000
2021 $35,412 $4,484,000 $1,443,000 $3,041,000
2020 $33,835 $4,001,000 $982,000 $3,019,000
2018 $39,494 $4,210,000 $1,005,000 $3,205,000
2017 $33,481 $4,294,000 $1,019,000 $3,275,000
2016 $29,915 $3,838,000 $910,000 $2,928,000
2015 $28,499 $3,404,000 $832,000 $2,572,000
2014 -- $3,211,000 $779,000 $2,432,000
2013 -- $2,850,000 $692,000 $2,158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1341825

Northwest Multiple Listing Service (NWMLS)

APN: 152405-9147