Listed by eXp Realty, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $2,291,000 - $2,598,687

-- Bed
-- Bath
5,014 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $1,606,000 $320 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $14,323/month

11 Days on Market

Highlights

  • Deck
  • Territorial View
  • Ceramic Tile Flooring
  • Odle Middle School Rated A
  • Thermal Windows
  • Partially Fenced Property

About This Home

As of October 2018

This heart of Bellevue 4-plex is the Empress of Stoneridge.
Upgrades throughout on windows, fixtures, electrical, carpet, surfaces, appliances and paint.
NEW roof and fence. Larger unit footprint. One of the largest lots.
Lower water bills due to upgrades.
Location, location, location!!!! Near downtown Bellevue. Easy access to 405, 520 and I-90.

Last Agent to Sell the Property

Charlene Little

eXp Realty License #107639 Listed on: 08/16/2018

eXp Realty

Last Buyer's Agent

Chesil Thye

Skyline Properties, Inc. License #27500

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1346993

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,575

Year Built

  • Built in 1970

Lot Details

  • 10,241 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 5,014 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Community Details

  • Bellevue Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8035700280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,575

Year Built

Built in 1970

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5014
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat, Torch Down
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterSewerGarbage: 5200

Condo/Co-op/Association

  • Association Fee: 2100
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 8035700280
  • Lot Size Acres: 0.2351
  • Lot Size Sq Ft: 10241
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 9025

Multi Family

  • Gross Scheduled Income: 108300
  • Net Operating Income: 72875
  • Number Of Units Total: 4
  • Insurance Expense: 1800
  • Leasable Area: 5017
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 9575

MLS Schools

  • Elementary School: Stevenson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Oct 2, 2018
Sold by
Hellman Kay M and Saxvold Robert L
Bought by
Wong Alan S and Wong Kelli D
Seller's Agent
Charlene Little
eXp Realty
Buyer's Agent
Chesil Thye
Skyline Properties, Inc.
List Price
$1,590,000
Sold Price
$1,606,000
Premium/Discount to List
$16,000
1.01%
Current Estimated Value
$2,455,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$849,896
Avg. Annual Appreciation
6.25%
Original Mortgage
$1,120,000
Outstanding Balance
$976,707
Interest Rate
4.5%
Estimated Equity
$1,479,189

Purchase Details

Closed on
Jan 30, 2007
Sold by
Gerchow Andrew J and Gerchow Lee
Bought by
Hellman Kay M and Saxvold Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,500
Interest Rate
7.5%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Gerchow Lee
Bought by
Gerchow Andrew J and Gerchow Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
2%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Gerchow Lee
Bought by
Stoneridge Community Owners Assn

Purchase Details

Closed on
Jul 19, 2004
Sold by
Gerchow Andrew J
Bought by
Gerchow Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.62%

Purchase Details

Closed on
Jul 18, 2004
Sold by
Inter Co Op Usa #16 Associates
Bought by
Gerchow Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.62%
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
Wong Alan S $1,606,000 Wfg National Title
Hellman Kay M $1,130,000 Chicago Title
Hellman Kay M -- Chicago Title
Gerchow Andrew J -- The Talon Grou
Stoneridge Community Owners Assn -- --
Gerchow Lee -- Transnation Ti
Gerchow Lee $615,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Alan S $1,120,000
Previous Owner Hellman Kay M $847,500
Previous Owner Gerchow Andrew J $592,000
Previous Owner Gerchow Lee $492,000
Closed Gerchow Lee $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $1,606,000 +1.0% $320 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $1,590,000 -- $317 / 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 $12,906 $1,759,000 $348,100 $1,410,900
2023 $13,013 $1,877,000 $348,100 $1,528,900
2022 $13,425 $1,838,000 $327,700 $1,510,300
2021 $14,374 $1,635,000 $307,200 $1,327,800
2020 $12,903 $1,623,000 $307,200 $1,315,800
2018 $9,575 $1,200,000 $307,200 $892,800
2017 $8,384 $1,040,000 $307,200 $732,800
2016 $8,024 $960,000 $296,900 $663,100
2015 $7,926 $912,000 $286,700 $625,300
2014 -- $892,000 $215,000 $677,000
2013 -- $867,500 $184,300 $683,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1346993

Northwest Multiple Listing Service (NWMLS)

APN: 803570-0280