Listed by Windermere Real Estate/East, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $2,443,000 - $2,584,570

-- Bed
-- Bath
4,774 Sq Ft
$527/Sq Ft Est. Value

Last Sold January 09, 2012

Last sale price $775,000 $162 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $14,924/month

10 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wood Siding
  • Odle Middle School Rated A
  • Ceramic Tile Flooring

About This Home

As of January 2012

Great location and income producing, what more could you want? The building is a great investment & appeals to renters with each unit offering a full size w/d, large bedrooms, fire place, storage closet, very close to bus lines & garage parking. Units 1 & 2 are townhome style; units 3 & 4 are single level with no one above and below. Home Owner’s Association dues cover landscaping and garbage. Extremely low vacancies. Not a short sale, so you can take advantage of today’s low interest rates.

Last Agent to Sell the Property

Sandi Tampa

Windermere Real Estate/East License #1103 Listed on: 10/13/2011

Windermere Real Estate/East

Last Buyer's Agent

George Yang

Kelly Right RE of Seattle LLC License #70825

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 284857

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1970

Lot Details

  • 8,591 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $127 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 4,774 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Stevenson Elementary School
  • Odle Mid Middle School
  • Sammamish Snr High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Stoneridge Condos
  • Bellevue Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 8035700060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,090

Year Built

Built in 1970

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Stoneridge
  • CalculatedSquareFootage: 4774
  • Special Features: None
  • Cumulative Days on Market: 454

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Cedar Shake
  • View: Territorial
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: Allied
  • WaterCompany: City of Bellevue
  • WaterSewerGarbage: 4200

Condo/Co-op/Association

  • Association Fee: 1524
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellevue
  • High School: Sammamish Snr High
  • Middle Or Junior School: Odle Mid

Lot Info

  • Parcel Number: 8035700060
  • Lot Size Acres: 0.1972
  • Lot Size Sq Ft: 8591
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available
  • ZoningClass: Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4875

Multi Family

  • Gross Scheduled Income: 58260
  • Net Operating Income: 43329
  • Number Of Units Total: 4
  • Electric Expense: 240
  • Insurance Expense: 1948
  • Leasable Area: 4774
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2011
  • Tax Annual Amount: 6090

MLS Schools

  • Elementary School: Stevenson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Serge Paxton
Bought by
Castile & Aragon Llc
Current Estimated Value
$2,513,785

Purchase Details

Closed on
May 16, 2019
Sold by
Paxton Nora and Paxton Serge
Bought by
Paxton Serge

Purchase Details

Closed on
Sep 25, 2018
Sold by
Zhang Weihua and Yu Jianyue
Bought by
Paxton Serge

Purchase Details

Closed on
Sep 20, 2018
Sold by
Paxton Nora and Paxton Serge
Bought by
Paxton Serge

Purchase Details

Closed on
Sep 19, 2018
Sold by
Zhang Dennis
Bought by
Zhang Weihua and Yu Jianyue

Purchase Details

Listed on
Oct 13, 2011
Closed on
Dec 6, 2011
Sold by
Lescault Henry J
Bought by
Zhang Weihua and Yu Jianyue
Seller's Agent
Sandi Tampa
Windermere Real Estate/East
Buyer's Agent
George Yang
Kelly Right RE of Seattle LLC
List Price
$780,000
Sold Price
$775,000
Premium/Discount to List
-$5,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$542,500
Interest Rate
3.91%

Purchase Details

Closed on
Jun 22, 2005
Sold by
Lescault Henry
Bought by
Stoneridge Community Owners Assn

Purchase Details

Closed on
May 19, 2004
Sold by
Inter Co Op Usa #16 Associates
Bought by
Lescault Henry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
6.37%
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
Castile & Aragon Llc $313 None Listed On Document
Paxton Serge -- None Available
Paxton Serge $1,600,000 Chicago Title
Paxton Serge -- Chicago Title
Zhang Weihua -- None Available
Zhang Weihua $775,000 Cw Title Co
Stoneridge Community Owners Assn -- --
Lescault Henry J $612,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paxton Serge $400,000
Previous Owner Zhang Weihua $542,500
Previous Owner Lescault Henry J $550,000
Previous Owner Lescault Henry J $120,000
Previous Owner Lescault Henry J $489,600
Closed Lescault Henry J $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2012 01/09/12 Sold $775,000 -0.6% $162 / Sq Ft
10/24/2011 10/24/11 Pending -- -- --
10/13/2011 10/13/11 For Sale $780,000 -- $163 / 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 $12,408 $1,691,000 $292,000 $1,399,000
2023 $12,561 $1,813,000 $292,000 $1,521,000
2022 $13,204 $1,774,000 $274,900 $1,499,100
2021 $14,171 $1,608,000 $257,700 $1,350,300
2020 $12,833 $1,600,000 $257,700 $1,342,300
2018 $9,575 $1,200,000 $257,700 $942,300
2017 $8,384 $1,040,000 $257,700 $782,300
2016 $7,760 $960,000 $257,700 $702,300
2015 -- $882,000 $257,700 $624,300
2014 -- $860,000 $180,400 $679,600
2013 -- $826,500 $154,600 $671,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 284857

Northwest Multiple Listing Service (NWMLS)

APN: 803570-0060