Listed by Better Properties Summit, Bought with Regency Realties LLC
NOT LISTED FOR SALE

Estimated Value: $2,092,622 - $2,248,000

-- Bed
-- Bath
4,774 Sq Ft
$458/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $740,000 $155 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $12,743/month

90 Days on Market

Highlights

  • Deck
  • Territorial View
  • Ceramic Tile Flooring
  • Odle Middle School Rated A
  • Patio
  • High Speed Internet

About This Home

As of June 2012

Great Location! Very close to downtown Bellevue and Microsoft. Each unit has its own washer, dryer, fireplace, outside patio and storage unit. One with huge backyard. Landscaping, garbage and outside lights are covered with HOA dues. Bellevue Aquatic Pool very close. Just off NE 8th, close to bus lines. This is a community of very nice 4-plex buildings. A solid investment.

Last Agent to Sell the Property

Kim Anderson

Better Properties Summit License #83173 Listed on: 02/09/2012

Better Properties Summit

Last Buyer's Agent

May Li

Regency Realties LLC License #24789

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 319013

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

HOA Fees

  • $136 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Stoneridge Condos
  • Bellevue Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 8035700190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,090

Year Built

Built in 1970

Lot Details

0

HOA Fees

$136 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

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
  • Amenities: See Remarks

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee: 1632
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 8035700190
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • ZoningClass: Multi-Family
  • LotNumber: 19

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 4750

Multi Family

  • Gross Scheduled Income: 57000
  • Net Operating Income: 45440
  • Number Of Units Total: 4
  • Insurance Expense: 2530
  • 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

Listed on
Feb 9, 2012
Closed on
May 21, 2012
Sold by
Ipanema Investments
Bought by
Solomon Andrew Keith and Cheng Ying
Seller's Agent
Kim Anderson
Better Properties Summit
Buyer's Agent
May Li
Regency Realties LLC
List Price
$780,000
Sold Price
$740,000
Premium/Discount to List
-$40,000
-5.13%
Current Estimated Value
$2,187,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,447,207
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
May 17, 2005
Sold by
Anderson Steven J and Olson David
Bought by
Ipanema Investments Llc

Purchase Details

Closed on
Feb 15, 2005
Sold by
Anderson Steven J and Olson David
Bought by
Stoneridge Community Owners Assn

Purchase Details

Closed on
Aug 16, 2004
Sold by
Anderson Kim Katherine
Bought by
Anderson Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,800
Interest Rate
5.1%

Purchase Details

Closed on
Aug 9, 2004
Sold by
Olson Nollie R Alberto
Bought by
Olson David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,800
Interest Rate
5.1%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Inter Co Op Usa #16 Associates
Bought by
Anderson Steven J and Olson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,800
Interest Rate
5.1%
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
Solomon Andrew Keith $740,000 First American
Ipanema Investments Llc -- --
Stoneridge Community Owners Assn -- --
Anderson Steven J -- Transnation Ti
Olson David W -- Transnation Ti
Anderson Steven J $612,000 Transnation Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Steven J $550,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2012 06/01/12 Sold $740,000 -5.1% $155 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
02/09/2012 02/09/12 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 $12,122 $1,652,000 $334,300 $1,317,700
2023 $12,377 $1,782,000 $334,300 $1,447,700
2022 $12,769 $1,748,000 $314,600 $1,433,400
2021 $13,711 $1,555,000 $295,000 $1,260,000
2020 $12,676 $1,548,000 $295,000 $1,253,000
2018 $9,575 $1,200,000 $295,000 $905,000
2017 $8,384 $1,040,000 $295,000 $745,000
2016 $7,804 $960,000 $295,000 $665,000
2015 -- $887,000 $285,100 $601,900
2014 -- $866,000 $206,500 $659,500
2013 -- $827,500 $177,000 $650,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 319013

Northwest Multiple Listing Service (NWMLS)

APN: 803570-0190