Listed by Windermere Real Estate/East, Bought with Redfin
NOT LISTED FOR SALE

18505 SE Newport Way Unit C214 Issaquah, WA 98027

Cougar Mountain Neighborhood

Estimated Value: $456,000 - $565,000

2 Beds
2 Baths
1,086 Sq Ft
$706/mo HOA Fee

Last Sold August 15, 2024

Last sale price $470,000 $433 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,726/month

1 Day on Market

Highlights

  • Unit is on the top floor
  • 7.96 Acre Lot
  • Vaulted Ceiling
  • Sunset Elementary School Rated A
  • Territorial View
  • Balcony

About This Home

As of August 2024

Discover this amazing top-floor condo in prime Lakemont, Issaquah. This 1086 sqft unit features 2 beds + office, 2 baths, and huge tandem 2-car garage. Enjoy the sun-filled open concept living/dining area w/ vaulted ceilings, large windows, sunny balcony, and cozy wood-burning fireplace. The spacious office with French doors provides a perfect quiet workspace or flex area. The large kitchen boasts s/s appliances. Primary includes full bath, double sink vanity, and two closets. New water heater, and full-sized washer & dryer. No pet breed or size restrictions. Issaquah schools, easy access to I-90, downtown Bellevue & Issaquah. Close to trails, stores, restaurants & parks. Easy guest parking and no rental cap – great investment opportunity!

Last Agent to Sell the Property

Mike Pavone

Windermere Real Estate/East License #23588 Listed on: 07/09/2024

Windermere Real Estate/East

Co-Listed By

Eric Kinzler

Windermere Real Estate/East License #21002791

Last Buyer's Agent

Gordon Ronstadt

Redfin License #87700

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2261756

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1997

Lot Details

  • 7.96

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,086 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • French Doors
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • Sunset Elementary School
  • Issaquah Mid Middle School
  • Issaquah High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet

Additional Features

  • Sprinkler System
  • Unit is on the top floor

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, snow removal, water
  • 130 Units
  • Morris Management Association
  • Secondary HOA Phone (425) 283-5858
  • Sammamish Hills Condo
  • Lakemont Subdivision
  • Park Phone (425) 283-5858 | Manager Tim Hollingstead

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,650

Year Built

Built in 1997

Lot Details

0

HOA Fees

$706 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1997
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sammamish Hills Condo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1086
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,French Doors,Insulated Windows,Primary Bath,Sprinkler System,Top Floor,Vaulted Ceilings
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2261756?w=Consumer&agent=68606
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Laundry
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Fire Sprinklers, High Speed Int Avail, Outside Entry
  • Park Manager Name: Tim Hollingstead
  • Park Manager Phone: 425-283-5858
  • Senior Community: No
  • Association Fee: 706
  • Association Fee Frequency: Monthly
  • Phone: 425-283-5858
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Morris Management
  • CommonPropertyFeatures: Fire Sprinklers,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Snow Removal, Water

Schools

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

Lot Info

  • Parcel Number: 7525480360
  • Lot Size Acres: 7.96
  • Lot Size Sq Ft: 346738
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4650.36

Multi Family

  • Number Of Units In Community: 130
  • EnergySource: Electric

MLS Schools

  • Elementary School: Sunset Elem

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 9, 2024
Sold by
Zhang Honghui
Bought by
Yanamaddi Naveen and Upperla Bhargavi
Seller's Agent
Mike Pavone
Windermere Real Estate/East
Buyer's Agent
Gordon Ronstadt
Redfin
List Price
$468,000
Sold Price
$470,000
Premium/Discount to List
$2,000
0.43%
Views
2
Current Estimated Value
$506,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,215
Avg. Annual Appreciation
5.70%
Original Mortgage
$376,000
Outstanding Balance
$371,190
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$135,025

Purchase Details

Closed on
Jul 3, 2020
Sold by
Zhang Honghui
Bought by
Zhang Honghui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2014
Closed on
Jun 24, 2014
Sold by
Yang Chunshui and Zhang Honghui
Bought by
Zhang Honghui
Seller's Agent
Alicia Terry
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Robert Wasser
Windermere Real Estate/East
List Price
$269,000
Sold Price
$268,000
Premium/Discount to List
-$1,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$201,000
Interest Rate
4.17%

Purchase Details

Closed on
Jan 16, 2003
Sold by
Preisinger Zachary and Preisinger Ralicia
Bought by
Matthews Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
5.96%

Purchase Details

Closed on
Jul 23, 2001
Sold by
Bentsen Chad and Allen Bentsen Kristen
Bought by
Preisinger Zachary and Preisinger Ralicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.15%

Purchase Details

Closed on
May 16, 1997
Sold by
I & 90 Phase One Ltd Partnership
Bought by
Bentsen Chad and Allen Bentsen Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yanamaddi Naveen $470,000 Cw Title
Zhang Honghui -- Servicelink
Zhang Honghui -- Wfg National T
Zhang Honghui $268,000 Wfg National
Matthews Nicole $187,500 Washington Tit
Preisinger Zachary $187,500 Chicago Title Insurance Co
Bentsen Chad $144,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yanamaddi Naveen $376,000
Previous Owner Zhang Honghui $178,000
Previous Owner Zhang Honghui $201,000
Previous Owner Matthews Nicole $148,400
Previous Owner Preisinger Zachary $150,000
Previous Owner Bentsen Chad $137,700
Closed Matthews Nicole $20,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $470,000 +0.4% $433 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $468,000 +74.6% $431 / Sq Ft
06/27/2014 06/27/14 Sold $268,000 -0.4% $247 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $269,000 -- $248 / 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 $4,316 $522,000 $63,100 $458,900
2023 $4,669 $542,000 $63,100 $478,900
2022 $3,650 $458,000 $63,100 $394,900
2021 $4,066 $393,000 $63,100 $329,900
2020 $4,184 $407,000 $63,100 $343,900
2018 $3,411 $392,000 $56,700 $335,300
2017 $2,819 $330,000 $56,700 $273,300
2016 $2,661 $283,000 $53,600 $229,400
2015 $2,581 $262,000 $53,600 $208,400
2014 -- $250,000 $53,600 $196,400
2013 -- $190,000 $50,400 $139,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Pavone

    Seller's Agent in 2024

    Mike Pavone

    Windermere Corporate

    (206) 669-8482

    3 in this area

    182 Total Sales

    Mike Pavone
    Section Image
  • Eric Kinzler

    Seller Co-Listing Agent in 2024

    Eric Kinzler

    Windermere Corporate

    (425) 837-2173

    1 in this area

    65 Total Sales

    Eric Kinzler
    Section Image
  • Alicia Terry

    Seller's Agent in 2014

    Alicia Terry

    Windermere Corporate

    (425) 246-5007

    61 Total Sales

    Alicia Terry
    Section Image
  • Robert Wasser

    Buyer's Agent in 2014

    Robert Wasser

    Windermere Corporate

    (425) 260-4583

    7 Total Sales

    Robert Wasser
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2261756

Northwest Multiple Listing Service (NWMLS)

APN: 752548-0360

Washington King County Issaquah 98027 Cougar Mountain

18505 SE Newport Way Unit C214, Issaquah, WA

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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