NOT LISTED FOR SALE

18707 SE Newport Way Unit 302 Issaquah, WA 98027

Cougar Mountain Neighborhood

Estimated Value: $622,000 - $687,000

2 Beds
1 Bath
1,186 Sq Ft
2.62 Acres

Last Sold February 11, 2021

Last sale price $500,000 $422 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,863/month

229 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Wood Siding
  • Sunset Elementary School Rated A
  • 1 Fireplace

About This Home

As of February 2021

Welcome home to this beautiful and bright 2 bedroom, 1.75 bath condo with large master bedroom with dual custom closets and spacious master bath. Living room with built in book case & gas fireplace. Plus Sitting room/office/den. Open kitchen with Stainless Steel appliances. Easy access to I-90. Private deck with the view of the lake. Short drive to nature, hiking trails and Lake Sammamish State Park.

Last Agent to Sell the Property

Judy Wilde

Windermere R.E. Mill Creek License #126845 Listed on: 05/21/2020

Windermere R.E. Mill Creek

Co-Listed By

Elisha Dukleth

Keller Williams Greater Seattl

Last Buyer's Agent

Arielle Albinger

Real Broker LLC License #110756

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1599449

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 2005

Lot Details

  • 2.62

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite
  • Stone

Interior Spaces

  • 1 Bathroom
  • 4-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 5569800250

Community Details

Overview

  • 47 Units
  • Issaquah Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,505

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Storage Number: 2
  • Estimated Sq Ft: 1186

Exterior Features

  • Exterior: Cement Planked, Stone, Wood, Wood Products
  • Roof: Composition
  • View: Lake, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage, Uncovered
  • Parking Space Number: 34

Utilities

  • Heating And Cooling: Central A/C, Forced Air

Condo/Co-op/Association

  • Numberof Units in Building: 47
  • Numberof Units In Complex: 47
  • HOA Fees: 530
  • Community Name: Issaquah
  • Project: Monohon
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Best Management (425) 553-1297
  • Association Contact: Heather Xiong (425) 553-1297
  • Common Property Features: Cable Tv, Club House, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Master Bath

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 5569800250

Tax Info

  • Tax Amount: 4476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Feb 10, 2021
Sold by
Kang Michael and Kang Scunghee
Bought by
Palermo Jamie
Seller's Agent
Judy Wilde
Windermere R.E. Mill Creek
Buyer's Agent
Arielle Albinger
Real Broker LLC
List Price
$519,950
Sold Price
$500,000
Premium/Discount to List
-$19,950
-3.84%
Current Estimated Value
$631,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,623
Avg. Annual Appreciation
5.78%
Original Mortgage
$400,000
Outstanding Balance
$361,246
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$281,915

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 8, 2018
Sold by
Nikaitani Patricia and Nikaitani Kristin
Bought by
Kang Michael and Kang Seunghee
Seller's Agent
Mary Lavern-Oakes
COMPASS
Buyer's Agent
Cherrie Lee
Realogics Sotheby's Int'l Rlty
List Price
$508,000
Sold Price
$500,000
Premium/Discount to List
-$8,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$200,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2014
Closed on
Oct 29, 2014
Sold by
Patel Akshay J and Sage Tamarah
Bought by
Nikaitani Patricia K and Nikaitani Kristin
Seller's Agent
Albert Clark
Real Residential
Buyer's Agent
Chase Costello
Real Broker LLC
List Price
$365,000
Sold Price
$299,950
Premium/Discount to List
-$65,050
-17.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$239,960
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2014
Closed on
Oct 28, 2014
Sold by
Nikaitani Douglas Y and Nikaitani Patricia K
Bought by
Nikaitani Patricia K
Seller's Agent
Albert Clark
Real Residential
Buyer's Agent
Chase Costello
Real Broker LLC
List Price
$365,000
Sold Price
$299,950
Premium/Discount to List
-$65,050
-17.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,960
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2007
Sold by
Sage Tamarah L
Bought by
Patel Akshay J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 24, 2006
Sold by
Saltaire Builders Llc
Bought by
Singh Nirmal and Singh Neelam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,950
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Palermo Jamie $500,000 First American Title
Kang Michael $500,000 Chicago Title
Nikaitani Patricia K $299,950 First American
Nikaitani Patricia K -- First American
Patel Akshay J -- Rainier Title
Patel Akshay J $435,000 Rainier Title
Singh Nirmal $389,990 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Jamie $76,000
Open Palermo Jamie $400,000
Previous Owner Kang Michael $200,000
Previous Owner Nikaitani Patricia K $238,000
Previous Owner Nikaitani Patricia K $239,960
Previous Owner Patel Akshay J $334,500
Previous Owner Patel Akshay J $87,000
Previous Owner Patel Akshay J $87,000
Previous Owner Patel Akshay J $348,000
Previous Owner Singh Nirmal $311,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $500,000 -3.8% $422 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $519,950 +4.0% $438 / Sq Ft
11/22/2020 11/22/20 Off Market $500,000 -- --
11/08/2020 11/08/20 Price Changed $519,950 -1.9% $438 / Sq Ft
08/09/2020 08/09/20 Price Changed $529,950 -1.9% $447 / Sq Ft
07/19/2020 07/19/20 Price Changed $539,950 0.0% $455 / Sq Ft
07/19/2020 07/19/20 For Sale $539,950 +1.9% $455 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $529,950 +6.0% $447 / Sq Ft
11/16/2018 11/16/18 Sold $500,000 -1.6% $422 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $508,000 +69.4% $428 / Sq Ft
10/30/2014 10/30/14 Sold $299,950 0.0% $253 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
07/08/2014 07/08/14 Price Changed $299,950 -6.1% $253 / Sq Ft
06/17/2014 06/17/14 Price Changed $319,500 -5.9% $269 / Sq Ft
05/21/2014 05/21/14 Price Changed $339,500 -3.0% $286 / Sq Ft
04/10/2014 04/10/14 Price Changed $350,000 -4.1% $295 / Sq Ft
03/25/2014 03/25/14 For Sale $365,000 -- $308 / 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 $4,505 $545,000 $72,900 $472,100
2023 $3,983 $591,000 $72,900 $518,100
2022 $4,556 $523,000 $48,600 $474,400
2021 $4,622 $491,000 $48,600 $442,400
2020 $4,476 $463,000 $48,600 $414,400
2018 $4,005 $432,000 $46,100 $385,900
2017 $3,341 $388,000 $46,100 $341,900
2016 $3,160 $336,000 $43,700 $292,300
2015 $3,172 $312,000 $43,700 $268,300
2014 -- $308,000 $41,300 $266,700
2013 -- $254,000 $41,300 $212,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1599449

Northwest Multiple Listing Service (NWMLS)

APN: 556980-0250