NOT LISTED FOR SALE

2500 118th Bldg #16-302 Ave SE Unit 302 Bellevue, WA 98005

Southwest Bellevue Neighborhood

Estimated Value: $478,000 - $526,000

2 Beds
2 Baths
885 Sq Ft
7 Acres

Last Sold May 14, 2015

Last sale price $247,808 $280 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,987/month

82 Days on Market

Highlights

  • Garage
  • Woodridge Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of May 2015

Top Floor Unit - Remodeled kitchen include granite, cabinets and new appliances. New hot water tank. All new windows in the living room. Just minutes from the heart of dtwn Bellevue. Fantastic location with easy access to hwys, downtown, amenities, parks and trails. 2 bdrms and 2 full bath with individual garage plus 2 additional parking with permits.Well managed HOA with ample reserves. NO assessments. No rental cap must have one year of ownership prior to renting. Great place to call home.

Last Agent to Sell the Property

Tammy Miller

Windermere Real Estate/East License #48064 Listed on: 01/17/2015

Windermere Real Estate/East

Last Buyer's Agent

Jon Anderson

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM732860

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1990

Lot Details

  • 7

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Wall to Wall Carpet

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 5452290220

Community Details

Overview

  • Downtown Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,052

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Fireplace Type: Wood
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 885

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: closet-electric

Condo/Co-op/Association

  • HOA Fees: 348
  • Community Name: Downtown
  • Project: Mercer Park
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Property Concept (206) 935-7951
  • Association Contact: Len Gozales
  • Common Property Features: Club House, Exercise Room, Fire Sprinklers, Game/Rec Rm
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service

Schools

  • Elementary School: Woodridge Elem
  • Middle School: Chinook Mid
  • High School: Bellevue High
  • School District: BE

Lot Info

  • Parcel Number: 5452290220

Tax Info

  • Tax Amount: 1503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2017
Sold by
Chan Stephen T and Kwong Catherine P
Bought by
Guan Nan
Current Estimated Value
$501,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$146,843
Interest Rate
3.25%
Estimated Equity
$352,625

Purchase Details

Listed on
Jan 17, 2015
Closed on
May 8, 2015
Sold by
Chan Stephen T and Kwong Catherine P
Bought by
Shi Irene Li
Seller's Agent
Tammy Miller
Windermere Real Estate/East
Buyer's Agent
Jon Anderson
Coldwell Banker Bain
List Price
$247,808
Sold Price
$247,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Apr 1, 2013
Sold by
Latorre Brad
Bought by
Chan Stephen T and Kwong Catherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,800
Interest Rate
3.54%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Mills Gregory A and Mills Dayna M
Bought by
Latorre Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Westmark Keith A
Bought by
Mills Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
7.82%

Purchase Details

Closed on
Dec 9, 1999
Sold by
Mills Meaghan Oleary
Bought by
Mills Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
7.82%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Guan Nan $290,000 First American
Shi Irene Li $247,808 Cw Title Co
Chan Stephen T $203,500 First American
Latorre Brad $159,500 Chicago Title
Mills Gregory A $137,950 Chicago Title Insurance Co
Mills Gregory A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guan Nan $180,000
Previous Owner Chan Stephen T $162,800
Previous Owner Latorre Brad $153,000
Previous Owner Latorre Bradley $15,100
Previous Owner Latorre Brad $130,000
Previous Owner Mills Gregory A $133,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $247,808 0.0% $280 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
04/06/2015 04/06/15 Price Changed $247,808 0.0% $280 / Sq Ft
04/06/2015 04/06/15 For Sale $247,808 -2.0% $280 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
03/13/2015 03/13/15 Price Changed $252,800 -4.6% $286 / Sq Ft
01/22/2015 01/22/15 Price Changed $265,000 -3.6% $299 / Sq Ft
01/17/2015 01/17/15 For Sale $275,000 -- $311 / 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 $3,052 $414,000 $63,400 $350,600
2023 $2,931 $462,000 $63,400 $398,600
2022 $2,994 $412,000 $61,200 $350,800
2021 $3,069 $363,000 $61,200 $301,800
2020 $3,029 $345,000 $61,200 $283,800
2018 $2,468 $322,000 $59,000 $263,000
2017 $2,071 $267,000 $56,800 $210,200
2016 $1,919 $236,000 $54,600 $181,400
2015 $1,849 $217,000 $52,400 $164,600
2014 -- $207,000 $34,900 $172,100
2013 -- $150,000 $30,600 $119,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM732860

Northwest Multiple Listing Service (NWMLS)

APN: 545229-0220