NOT LISTED FOR SALE

16324 SE 40th St Bellevue, WA 98006

Eastgate Neighborhood

Estimated Value: $1,269,000

0.72 Acre
$1,762,500 Price per Acre
31,363 Sq Ft Lot

Last Sold April 27, 2021

Last sale price $1,350,000

Est. 6% decrease in value since last sale

Current estimated payment $7,231/month

93 Days on Market

About This Lot

As of April 2021

Development Opportunity to build 4 new homes in Bellevue! 4 approved shortplat lots on aprox. 31000 Square-foot land in Bellevue with easy freeway access and awesome location. (minutes to Downtown Bellevue and Issaquah) Lot sized ranging from 8400 SF to 7200 SF. The preliminary subdivision was approved by the City of Bellevue. Sellers accomplished engineering including: Storm Drainage & Grading Plan, Road Sections, Sanitary Water & Sewer Plan, Tree Retention Plan, Landscape Tree Rep. Plan.

Last Agent to Sell the Property

Janie Lee

John L. Scott, Inc License #72513 Listed on: 11/01/2020

John L. Scott, Inc

Last Buyer's Agent

Kelly Chiou

Keller Williams Rlty Bellevue License #128653

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1684544

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,964

Lot Details

Additional Features

  • Level Lot
  • Sewer in Street

Community Details

  • Eastgate Community

Listing and Financial Details

  • Assessor Parcel Number 4246000520

Property Details

Property Type

Land

Est. Annual Taxes

$5,964

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: South
  • Water Jurisdiction: Bellevue

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: In Street
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Eastgate
  • Project: Eastgate

Schools

  • Elementary School: Sunset Elem
  • Middle School: Pacific Cascade Mid
  • High School: Issaquah High
  • School District: ISS

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 31485
  • Parcel Number: 4246000520
  • Slopeof Property: Gently sloped and level in most area
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: R5

Tax Info

  • Tax Amount: 7468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2020
Closed on
Apr 19, 2021
Sold by
Li Qian and Ma Rui
Bought by
Hiatt Ursa Llc
Seller's Agent
Janie Lee
John L. Scott, Inc
Buyer's Agent
Kelly Chiou
Keller Williams Rlty Bellevue
List Price
$1,499,900
Sold Price
$1,350,000
Premium/Discount to List
-$149,900
-9.99%
Total Days on Market
93
Current Estimated Value
$1,269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,000
Avg. Annual Appreciation
1.93%

Purchase Details

Listed on
May 11, 2016
Closed on
Oct 4, 2016
Sold by
Carp Gabriel
Bought by
Li Qian and Ma Rui
Seller's Agent
Marius Nutu
Group 7 Inc., Real Estate Serv
Buyer's Agent
Su Liew
Skyline Properties, Inc.
List Price
$439,995
Sold Price
$362,500
Premium/Discount to List
-$77,495
-17.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.59%

Purchase Details

Closed on
Jan 11, 2010
Sold by
Carp Ion and Carp Lucretia
Bought by
Carp Gabriel

Purchase Details

Closed on
Jun 26, 1995
Sold by
Scott Robert M and Scott Frances R
Bought by
Carp Ion and Carp Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hiatt Ursa Llc $1,350,000 First American Title
Li Qian $362,500 First American
Carp Gabriel $200,000 The Talon Grou
Carp Gabriel -- The Talon Grou
Carp Ion $60,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carp Ion $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $1,350,000 -10.0% --
02/02/2021 02/02/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $1,499,900 0.0% --
11/08/2020 11/08/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $1,499,900 +313.8% --
10/14/2016 10/14/16 Sold $362,500 -17.6% --
08/30/2016 08/30/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $439,995 -- --
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 $5,964 $696,000 $696,000 --
2023 $6,437 $678,000 $678,000 $0
2022 $5,341 $820,000 $820,000 $0
2021 $3,904 $574,000 $574,000 $0
2020 $3,729 $391,000 $391,000 $0
2018 $2,837 $400,000 $400,000 $0
2017 $2,457 $275,000 $275,000 $0
2016 $2,230 $246,000 $246,000 $0
2015 $2,122 $225,000 $225,000 $0
2014 -- $211,000 $211,000 $0
2013 -- $188,000 $188,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Janie Lee

    Seller's Agent in 2021

    Janie Lee

    John L Scott

    (206) 478-8188

    4 in this area

    149 Total Sales

    Janie Lee
    Section Image
  • Kelly Chiou

    Buyer's Agent in 2021

    Kelly Chiou

    Keller Williams Realty Bellevue

    (425) 269-7456

    1 in this area

    40 Total Sales

    Kelly Chiou
    Section Image

  • M

    Seller's Agent in 2016

    Marius Nutu

    Group 7 Inc., Real Estate Serv

    (360) 357-7779

    4 Total Sales

    Marius Nutu
    Section Image
  • Su Liew

    Buyer's Agent in 2016

    Su Liew

    Skyline Properties, Inc

    (206) 766-0760

    2 in this area

    37 Total Sales

    Su Liew
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1684544

Northwest Multiple Listing Service (NWMLS)

APN: 424600-0520

Washington King County Bellevue 98006 Eastgate

16324 SE 40th St, Bellevue, WA

This home is located at 16324 SE 40th St, Bellevue, WA 98006 since 01 November 2020 and is currently estimated at $1,269,000. 16324 SE 40th St is a home located in King County with nearby schools including Sunset Elementary School, Issaquah Middle School, and Issaquah High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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