Listed by COMPASS, Bought with Creek and Ocean Real Estate
NOT LISTED FOR SALE

2630 118th Ave SE Unit 6-302 Bellevue, WA 98005

Southwest Bellevue Neighborhood

Estimated Value: $470,859 - $499,000

2 Beds
2 Baths
885 Sq Ft
$499/mo HOA Fee

Last Sold February 03, 2022

Last sale price $505,000 $571 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,302/month

5 Days on Market

Highlights

  • Unit is on the top floor
  • Clubhouse
  • Territorial View
  • Woodridge Elementary School Rated A
  • Property is near public transit
  • Traditional Architecture

About This Home

As of February 2022

Conveniently located near 405 and I-90, this serene condo feels worlds away from everything! You'll be impressed at this tasteful remodel with thoughtful touches. The open modern kitchen provides for easy entertaining. The generous living area is practically centered around the wood-burning fireplace. New countertops, new fixtures, fresh paint, and designer wallpaper. Enjoy coffee on the lovely deck just off the living area w/ verdant treetop views. Generous bedrooms with thoughtful storage. The primary bedroom is light-filled with an updated en-suite bath and French doors to a generous deck! Great WFH space. Moments to trails, Mercer Slough, shopping + restaurants. Additional storage in the attached tall garage + attic. Don't miss it!

Last Agent to Sell the Property

Robin Sheridan

COMPASS License #111859 Listed on: 01/13/2022

COMPASS

Last Buyer's Agent

Airong Wang

Creek and Ocean Real Estate License #137886

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1878170

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1990

Lot Details

  • East Facing Home

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 885 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • French Doors
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Woodridge Elementary School
  • Chinook Mid Middle School
  • Bellevue High School

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5452290420

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • Property Concepts, Inc. Association
  • Secondary HOA Phone (206) 935-7951
  • Mercer Park Condos
  • Bellevue Subdivision
  • Park Phone (206) 935-7951 | Manager Len Gonzales

Amenities

  • Clubhouse

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,149

Year Built

Built in 1990

Lot Details

0

HOA Fees

$499 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Mercer Park
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 885
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,French Doors,Insulated Windows,Primary Bath,Top Floor
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Water Heater
  • 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,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 550

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Baseboard,Forced Air
  • ApplianceHookups: Cooking-Electric,Dryer-Electric
  • WaterHeaterLocation: Main
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House, High Speed Int Avail, Outside Entry
  • Park Manager Name: Len Gonzales
  • Park Manager Phone: 206-935-7951
  • Senior Community: No
  • Association Fee: 499
  • Association Fee Frequency: Monthly
  • Phone: 206-935-7951
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Property Concepts, Inc.
  • CoOp: false
  • CommonPropertyFeatures: Club Houses,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Bellevue
  • High School: Bellevue High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 5452290420
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3149

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Woodridge Elem

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 21, 2022
Sold by
Donald Jackson Benjamin and Donald Nicole
Bought by
Shi Lewis L
Seller's Agent
Robin Sheridan
COMPASS
Buyer's Agent
Airong Wang
Creek and Ocean Real Estate
List Price
$450,000
Sold Price
$505,000
Premium/Discount to List
$55,000
12.22%
Current Estimated Value
$482,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,285
Avg. Annual Appreciation
-1.17%
Original Mortgage
$300,000
Outstanding Balance
$277,695
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$205,020

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 13, 2018
Sold by
Lyle Sara K
Bought by
Jackson Benjamin and Jackson Nicole
Seller's Agent
Cara Erdman
Windermere Real Estate/East
Buyer's Agent
Robin Sheridan
COMPASS
List Price
$396,500
Sold Price
$430,000
Premium/Discount to List
$33,500
8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$417,100
Interest Rate
4.5%

Purchase Details

Closed on
Oct 16, 2006
Sold by
Ward Michael B and Ward Theresa N
Bought by
Lyle Sara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,950
Interest Rate
6.46%

Purchase Details

Closed on
Aug 20, 2003
Sold by
Bailey Cheryl H
Bought by
Ward Michael B and Ward Theresa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,200
Interest Rate
6.12%

Purchase Details

Closed on
May 20, 1998
Sold by
Hansen Cristine H and Nelson Christine H
Bought by
Bailey Cheryl H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shi Lewis L $505,000 None Listed On Document
Jackson Benjamin $430,000 Wfg National Title
Lyle Sara K $269,950 Ticor National
Ward Michael B $178,000 Chicago Title
Bailey Cheryl H $123,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Lewis L $300,000
Previous Owner Jackson Benjamin $417,100
Previous Owner Lyle Sara K $249,950
Previous Owner Ward Michael B $160,200
Previous Owner Bailey Cheryl H $116,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2022 02/03/22 Sold $505,000 +12.2% $571 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $450,000 +4.7% $508 / Sq Ft
06/19/2018 06/19/18 Sold $430,000 +8.4% $486 / Sq Ft View Prior Sale
05/22/2018 05/22/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $396,500 -- $448 / 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 $3,162 $429,000 $63,400 $365,600
2023 $3,016 $472,000 $63,400 $408,600
2022 $3,183 $424,000 $61,200 $362,800
2021 $3,149 $386,000 $61,200 $324,800
2020 $3,108 $354,000 $61,200 $292,800
2018 $2,495 $330,000 $59,000 $271,000
2017 $2,088 $270,000 $56,800 $213,200
2016 $1,980 $238,000 $54,600 $183,400
2015 $1,920 $224,000 $52,400 $171,600
2014 -- $215,000 $34,900 $180,100
2013 -- $157,000 $30,600 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1878170

Northwest Multiple Listing Service (NWMLS)

APN: 545229-0420