Listed by COMPASS, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $3,245,000 - $4,334,975

5 Beds
5.5 Baths
6,390 Sq Ft
$606/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $2,350,000 $368 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $23,148/month

102 Days on Market

Highlights

  • Newly Remodeled
  • RV Access or Parking
  • 0.8 Acre Lot
  • Cougar Ridge Elementary School Rated A
  • Lake View
  • Fireplace in Primary Bedroom

About This Home

As of February 2020

Don't miss this commanding new construction home located atop Cougar Mountain boasting handsome features with attention to detail rarely found in new homes today. Pick your choice of master bedrooms, multiple living and entertaining areas, and private balconies all accessible by elevator. Room for everyone to spread out, but thoughtful spaces for everyone to come back together. Generous bedroom suites will ensure guests always want to skip the hotel to stay over. Minutes to Open Window School.

Last Agent to Sell the Property

Michael Orbino

COMPASS License #18876 Listed on: 10/15/2019

COMPASS

Co-Listed By

Tere Foster

COMPASS License #7690

Last Buyer's Agent

Greg Rosenwald

COMPASS License #79606

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1531610

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,254

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.8 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Property Views

  • Lake
  • City
  • Mountain
  • Territorial
  • Limited

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 6,390 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Cougar Ridge Elementary School
  • Issaquah Mid Middle School
  • Issaquah High School

Utilities

  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • Cougar Mountain Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2424059023

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,254

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2018
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,SeeRemarks,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Peak Estates
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 6390
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 132

Interior Features

  • Fireplaces: 3
  • Basement: Daylight
  • Appliances: Double Oven, Dryer, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, See Remarks, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Jetted Tub, Water Heater
  • Living Area: 6390
  • Main Level Bedrooms: 1
  • Bathrooms: 5.5
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 6390
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 4
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 4
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,See Remarks,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Partial, Territorial
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Issaquah
  • High School: Issaquah High
  • Middle Or Junior School: Issaquah Mid

Lot Info

  • Parcel Number: 2424059023
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.8021
  • Lot Size Sq Ft: 34939
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Plans/buyer to verify
  • LotNumber: 3

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 22254

MLS Schools

  • Elementary School: Cougar Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Feb 19, 2020
Sold by
Pbretf Peak Llc
Bought by
Franklin Derek and Franklin Carrie E
Seller's Agent
Michael Orbino
COMPASS
Buyer's Agent
Greg Rosenwald
COMPASS
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%
Current Estimated Value
$3,767,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,417,248
Avg. Annual Appreciation
9.00%
Original Mortgage
$425,000
Outstanding Balance
$381,077
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,381,136

Purchase Details

Closed on
Sep 13, 2019
Sold by
The Peak Estate 3 Llc
Bought by
Pbrelf Peak Llc

Purchase Details

Listed on
Nov 23, 2013
Closed on
May 5, 2015
Sold by
Cougar Mountain Peak Estates Llc
Bought by
The Peak Estate #3 Llc
Seller's Agent
Matthew Stapleton
Windermere Real Estate/East
Buyer's Agent
John Kritsonis
Windermere Real Estate/East
List Price
$625,000
Sold Price
$555,000
Premium/Discount to List
-$70,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%
Original Mortgage
$1,423,500
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2013
Sold by
Hanssen Otto and Hanssen Marilee
Bought by
Cougar Mountain Peak Estates Llc

Purchase Details

Closed on
Jul 30, 2008
Sold by
Calvert J Mark and Calvert Norma
Bought by
Hanssen Dr Otto J and Hanssen Marilee K

Purchase Details

Closed on
Jul 26, 2001
Sold by
Lennox W M
Bought by
Hanssen Otto J and Hassen Marilee K

Purchase Details

Closed on
Mar 26, 1991
Sold by
Lennox Joanne W
Bought by
Calvert J Mark
Source: Public Records

Range of Values:

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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
Franklin Derek $2,350,000 Fidelity National Title
Pbrelf Peak Llc $2,488,558 Accommodation
The Peak Estate #3 Llc $555,000 Chicago Title
Cougar Mountain Peak Estates Llc -- None Available
Hanssen Dr Otto J -- Chicago Title
Hanssen Otto J $238,000 Pacific Nw Title
Lennox W M -- Pacific Nw Title
Calvert J Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Derek $425,000
Previous Owner The Peak Estate3 Llc $400,000
Previous Owner Pbrelf I Llc $2,275,000
Previous Owner The Peak Estate #3 Llc $1,876,565
Previous Owner The Peak Estate 3 Llc $300,000
Previous Owner Peak Estate 3 Llc $175,000
Previous Owner The Peak Estate 3 Llc $1,423,500
Previous Owner The Peak Estate #3 Llc $1,423,500
Previous Owner Hanssen Otto J $1,850,000
Previous Owner Hanssen Otto J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $2,350,000 -6.0% $368 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
10/15/2019 10/15/19 For Sale $2,500,000 +350.5% $391 / Sq Ft
05/06/2015 05/06/15 Sold $555,000 -11.2% $94 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
11/23/2013 11/23/13 For Sale $625,000 -- $105 / 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 $29,055 $3,414,000 $766,000 $2,648,000
2023 $25,705 $2,910,000 $655,000 $2,255,000
2022 $24,114 $3,573,000 $807,000 $2,766,000
2021 $23,437 $2,611,000 $723,000 $1,888,000
2020 $23,593 $2,370,000 $618,000 $1,752,000
2018 $5,662 $2,405,000 $634,000 $1,771,000
2017 $5,067 $554,000 $554,000 $0
2016 $3,101 $513,000 $513,000 $0
2015 $2,846 $317,000 $317,000 $0
2014 -- $287,000 $287,000 $0
2013 -- $261,000 $261,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1531610

Northwest Multiple Listing Service (NWMLS)

APN: 242405-9023