Listed by Real Residential, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $3,092,000 - $3,435,000

5 Beds
4.5 Baths
4,190 Sq Ft
$782/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $3,350,000 $800 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $19,064/month

Highlights

  • New Construction
  • Solar Power System
  • Engineered Wood Flooring
  • Somerset Elementary School Rated A
  • Two Primary Bedrooms
  • Modern Architecture

About This Home

As of October 2023

MN Custom Homes presents a distinct modern design in the convenient Somerset neighborhood. Entertainment spaces include 2-story great room, chef’s kitchen, outdoor covered living space that overlooks the private backyard. Vaulted, upper-floor bonus room, upper floor primary suite retreat with 5-piece bath & heated floors and main floor guest en-suite. Designated home office and dining room. Smart Home and green features throughout, including solar panels.Convenient access to I-90, DT Bellevue & Seattle. Sought after Bellevue Schools including Newport HS.

Last Agent to Sell the Property

Brad Cahill

Real Residential License #74755 Listed on: 10/31/2023

Co-Listed By

Steven Curran

Real Residential License #25594

Last Buyer's Agent

Jia Ye

Kelly Right RE of Seattle LLC License #117039

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2178164

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,841

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,642 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,190 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Walk-In Closet

Schools

  • Somerset Elementary School
  • Tyee Mid Middle School
  • Newport Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Hot Water Circulator
  • Water Heater
  • High Tech Cabling
  • Cable TV Available

Additional Features

  • Solar Power System
  • Patio

Community Details

  • No Home Owners Association
  • Built by MN Custom Homes
  • Somerset Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number 7856700620

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,841

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2023
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 4190
  • SeniorExemption: false
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Second Primary Bedroom, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 4190
  • Main Level Bedrooms: 1
  • Bathrooms: 4.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 4190
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 3
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Builder Name: MN Custom Homes
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Forced Air, High Efficiency (Unspecified)
  • Cooling Y N: Yes
  • Heating: Forced Air, High Efficiency (Unspecified), Hot Water Recirc Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Bellevue
  • WaterCompany: Bellevue
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Hybrid Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellevue
  • High School: Newport Snr High
  • Middle Or Junior School: Tyee Mid

Lot Info

  • Parcel Number: 7856700620
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1984
  • Lot Size Sq Ft: 8642
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Electric Car Charging,Fenced-Partially,Gas Available,Patio,Sprinkler System
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Builder Plans

Green Features

  • Green Power: Solar
  • Power Production Type: Electric, Natural Gas, Solar PV

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7841

Multi Family

  • EnergySource: Electric,Natural Gas,Solar PV

MLS Schools

  • Elementary School: Somerset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Oct 2, 2023
Sold by
Home Project 384 Llc
Bought by
Zhao Tong and Qi Zhizhi
Seller's Agent
Brad Cahill
Real Residential
Buyer's Agent
Jia Ye
Kelly Right RE of Seattle LLC
List Price
$3,350,000
Sold Price
$3,350,000
Views
4
Current Estimated Value
$3,276,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,305
Avg. Annual Appreciation
-1.12%
Original Mortgage
$708,000
Outstanding Balance
$693,760
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$2,582,935

Purchase Details

Closed on
Jun 10, 2022
Sold by
Lau Tony Y
Bought by
Home Project 384 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,041,600
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 7, 2018
Sold by
Lau Jimmy J S
Bought by
Lau Ashley N and Lau Shannon M

Purchase Details

Closed on
Jun 29, 2009
Sold by
Lau Jimmy J S
Bought by
Lau Jimmy J S and Lau Tony Y

Purchase Details

Closed on
Feb 13, 2009
Sold by
Lau Shek Hung and Lau Mi Song
Bought by
Lau Jimmy Js and Lau Tony Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.92%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Brooks Randall V and Brooks Elizabeth S
Bought by
Lau Shek Hung and Lau Mi Song

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.89%

Purchase Details

Closed on
Oct 12, 1993
Sold by
Smallwood Samuel V and Smallwood Virginia C
Bought by
Brooks Randall and Brooks Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.81%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhao Tong $3,350,000 Chicago Title
Home Project 384 Llc $1,388,800 Chicago Title
Lau Ashley N -- None Available
Lau Jimmy J S -- None Available
Lau Jimmy Js $400,000 Ticor National
Lau Tony Y -- Ticor National
Lau Jimmy Js -- Ticor National
Lau Shek Hung $353,000 Chicago Title
Brooks Randall $178,550 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Tong $708,000
Previous Owner Home Project 384 Llc $1,041,600
Previous Owner Lau Jimmy Js $260,000
Previous Owner Lau Shek Hung $183,000
Previous Owner Brooks Randall $169,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $3,350,000 0.0% $800 / Sq Ft
10/31/2023 10/31/23 For Sale $3,350,000 -- $800 / 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 $20,092 $2,740,000 $1,050,000 $1,690,000
2023 $17,800 $2,277,000 $918,000 $1,359,000
2022 $7,841 $1,343,000 $1,109,000 $234,000
2021 $7,731 $954,000 $776,000 $178,000
2020 $7,392 $872,000 $528,000 $344,000
2018 $6,660 $891,000 $540,000 $351,000
2017 $5,654 $723,000 $454,000 $269,000
2016 $5,239 $647,000 $406,000 $241,000
2015 $4,998 $595,000 $372,000 $223,000
2014 -- $562,000 $348,000 $214,000
2013 -- $499,000 $309,000 $190,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2178164

Northwest Multiple Listing Service (NWMLS)

APN: 785670-0620