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

16505 SE Newport Way Bellevue, WA 98006

Eastgate Neighborhood

Estimated Value: $1,435,000 - $2,141,000

4 Beds
4 Baths
4,200 Sq Ft
$459/Sq Ft Est. Value

Last Sold July 16, 2014

Last sale price $580,000 $138 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $11,598/month

3 Days on Market

About This Home

As of July 2014

Home needs repair. Rehab loan or cash only. 3 bed rooms with bonus room that could be 4th bedroom and 3.5 baths. Play area and studio in the back. Close to I-90, you cant beat the location. Home is approximately 4200 sqft. Buyer to verify.

Last Agent to Sell the Property

Peter Kim

Real Broker LLC License #112064 Listed on: 02/03/2014

Real Broker LLC

Co-Listed By

Anton Stetner

KW North Sound License #24133

Last Buyer's Agent

Caelyn gillaspie

Kelly Right RE of Seattle LLC License #109778

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM588260

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$13,763

Year Built

1996

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 4200
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, Skylights
  • Floor: Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Stucco, Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Partial Fence, Natural Gas Available, Patio, RV Parking
  • View: Lake
  • Lot Topography: Garden Space, Level, Partial Slope

Garage/Parking

  • Parking Type: Carport-Detached
  • Total Covered Spaces: 4

Utilities

  • Heating: None
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Issaquah
  • Water Company: City of Issaquah
  • Water Source: Public

Schools

  • School District: ISS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2017
Sold by
Liu Wen Xin and Chen Dan Feng
Bought by
Csee Usa Llc
Current Estimated Value
$1,918,136

Purchase Details

Listed on
Feb 3, 2014
Closed on
Jul 14, 2014
Sold by
Nelson Erick H
Bought by
Liu Wen Xin and Chen Dan Feng
Seller's Agent
Peter Kim
Real Broker LLC
Buyer's Agent
Caelyn gillaspie
Kelly Right RE of Seattle LLC
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Nelson Kelly M
Bought by
Nelson Erick H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 21, 2004
Sold by
Nelson Erick H and Nelson Kellie M
Bought by
Nelson Erick H and Nelson Kellie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1994
Sold by
Nelson Milton C
Bought by
Nelson Erick H and Nelson Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Csee Usa Llc -- None Available
Liu Wen Xin $580,000 Chicago Title
Nelson Erick H -- First American
Nelson Erick H -- First American Title Ins Co
Nelson Erick H $225,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Erick H $480,000
Previous Owner Nelson Erick H $355,000
Previous Owner Nelson Erick H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $580,000 -3.3% $138 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $600,000 -- $143 / 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 $13,763 $1,609,000 $563,000 $1,046,000
2023 $12,186 $1,372,000 $482,000 $890,000
2022 $11,064 $1,685,000 $594,000 $1,091,000
2021 $9,944 $1,191,000 $487,000 $704,000
2020 $10,016 $999,000 $417,000 $582,000
2018 $9,180 $1,015,000 $428,000 $587,000
2017 $7,945 $893,000 $374,000 $519,000
2016 $7,394 $799,000 $347,000 $452,000
2015 $6,802 $751,000 $276,000 $475,000
2014 -- $681,000 $250,000 $431,000
2013 -- $584,000 $228,000 $356,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Peter Kim

    Real Broker LLC

    (425) 345-1167

    104 Total Sales

    Section Image
  • Anton Stetner

    Seller Co-Listing Agent in 2014

    Anton Stetner

    KW North Sound

    (425) 361-8141

    305 Total Sales

    Section Image
  • Caelyn gillaspie

    Buyer's Agent in 2014

    Caelyn gillaspie

    Kelly Right RE of Seattle LLC

    (253) 468-4842

    1 in this area

    165 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM588260

Northwest Multiple Listing Service (NWMLS)

APN: 942950-0146

Washington King County Bellevue 98006 Eastgate

16505 SE Newport Way, Bellevue, WA

This home is located at 16505 SE Newport Way, Bellevue, WA 98006 since 03 February 2014 and is currently estimated at $1,928,814, approximately $459 per square foot. This property was built in 1996. 16505 SE Newport Way 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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