NOT LISTED FOR SALE

Estimated Value: $3,073,000 - $4,787,000

2 Beds
1 Bath
1,290 Sq Ft
$3,091/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,525,000 $1,182 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $23,822/month

Highlights

  • Barn
  • Arena
  • 1 Fireplace
  • Cherry Crest Elementary School Rated A
  • Territorial View
  • 2-minute walk to Bridle Trails Corner Park

About This Home

As of March 2021

Calling all Builders and Re-modelers – fantastic land opportunity in Bridle Trails. Quail Hill is a horse Acre – 44,866 sf. lot with views of the Bridle Trials Corner Park and old growth trees. 1st time on the market in 49 years. Original Cinder Block House 1290 sf. includes 2 bedrooms, 1 bath, Large living room, dining room and wood burning fireplace. Private circular drive. Surround by large estate homes. 3 minutes to 520, 10 min to downtown Bellevue. 5 min to Microsoft Main Campus. Great Bellevue schools!

Last Agent to Sell the Property

Kitty Ballard

Windermere Real Estate/East License #6145 Listed on: 01/28/2021

Windermere Real Estate/East

Last Buyer's Agent

Galya Kirstine

Real Residential License #26351

Real Residential

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1719669

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,935

Year Built

  • Built in 1946

Lot Details

  • Partially Fenced Property
  • Sloped Lot
  • Garden
  • Value in Land
  • Property is zoned R1

Home Design

  • Flat Roof Shape
  • Poured Concrete

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Additional Features

  • Patio
  • Barn
  • Septic System

Community Details

  • Bridle Trails Community

Listing and Financial Details

  • Assessor Parcel Number 2225059040

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,935

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Estimated Sq Ft: 1290
  • Square Footage Finished: 1290

Exterior Features

  • Construction Methods: Post And Beam
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: Territorial

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Septic
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Bridle Trails
  • Project: Bridle Trails

Schools

  • Elementary School: Cherry Crest Elem
  • Middle School: Odle Mid
  • High School: Sammamish Snr High
  • School District: BE

Lot Info

  • Lot Details: Paved Street, Sidewalk, Value In Land
  • Lot Dimensions: 177x250x184x207
  • Lot Sq Ft: 44866
  • Lot Topography Vegetation: Equestrian, Garden Space, Partial Slope
  • Parcel Number: 2225059040
  • Zoning Code: R1
  • Zoning Jurisdiction: City
  • Lot Topography: Equestrian, Garden Space, Partial Slope

Tax Info

  • Tax Amount: 2170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 2, 2021
Sold by
Ross Barbara and Exeriede Diane
Bought by
Nie Chen and Zhao Ruiqi
Seller's Agent
Kitty Ballard
Windermere Real Estate/East
Buyer's Agent
Galya Kirstine
Real Residential
List Price
$1,400,000
Sold Price
$1,525,000
Premium/Discount to List
$125,000
8.93%
Current Estimated Value
$3,987,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,462,212
Avg. Annual Appreciation
23.82%
Original Mortgage
$1,200,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Nie Chen $1,525,000 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nie Chen $2,500,000
Closed Nie Chen $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $1,525,000 +8.9% $1,182 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $1,400,000 -- $1,085 / 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 $30,935 $4,220,000 $1,525,000 $2,695,000
2023 $12,731 $2,932,000 $1,492,000 $1,440,000
2022 $10,744 $1,798,000 $1,798,000 $0
2021 $9,854 $1,308,000 $1,307,000 $1,000
2020 $2,168 $748,000 $747,000 $1,000
2018 $8,187 $1,103,000 $1,102,000 $1,000
2017 $6,535 $889,000 $888,000 $1,000
2016 $6,329 $748,000 $747,000 $1,000
2015 $6,329 $719,000 $718,000 $1,000
2014 -- $712,000 $711,000 $1,000
2013 -- $601,000 $600,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1719669

Northwest Multiple Listing Service (NWMLS)

APN: 222505-9040