Listed by COMPASS, Bought with COMPASS
NOT LISTED FOR SALE

4048 W Lake Sammamish Pkwy SE Bellevue, WA 98008

West Lake Sammamish Neighborhood

Estimated Value: $4,069,000 - $5,237,626

5 Beds
3 Baths
3,890 Sq Ft
$1,183/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $4,050,000 $1,041 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $27,727/month

13 Days on Market

Highlights

  • 55 Feet of Waterfront
  • Docks
  • Deck
  • Sunset Elementary School Rated A
  • Lake View
  • Contemporary Architecture

About This Home

As of May 2021

Stunning NW Contemporary daylight rambler welcomes you to the very best that West Lake Sammamish has to offer! 5 bed 2.75 bath, conveniently located 2 min from I90 for easy commute only to be welcomed home by the relaxed resort-like vibe of your private lakeside gated retreat. Expansive decks w/ commanding lake views provide the perfect backdrop for entertaining. Chef's kitchen w/ Viking range. Watch the morning sunrise from main floor master W/ 5 piece ensuite bath. Private guest wing w/full bath, Extensive gran & hrdwds. Generous downstairs rec room. Private dock w/ boat & Jetski lifts. Wakesurf, paddleboard, cocktail cruise & beach fires all at your beckoning call. Award winning Issaquah schools. Do not let lake life slip away!!

Last Agent to Sell the Property

Sean Meade

COMPASS License #120319 Listed on: 04/08/2021

COMPASS

Last Buyer's Agent

Margo Allan

COMPASS License #100621

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1754700

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,875

Year Built

  • Built in 1973

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 95x227x55x197
  • 55 Feet of Waterfront
  • Lake Front
  • Open Space
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Drought Tolerant Landscaping
  • Property is in very good condition
  • Zoning described as R5

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,890 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 4 Fireplaces
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Travertine

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Docks
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Water Heater
  • High Speed Internet

Community Details

  • Lake Sammamish Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 4406600030

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,875

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1973
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Lorraine Estates
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3890
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 970

Interior Features

  • Fireplaces: 4
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Travertine, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 3890
  • Main Level Bedrooms: 3
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 3890
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • FireplacesLower: 2

Exterior Features

  • Roof: Metal
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Curbs, Drought Res Landscape, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • WaterfrontFootage: 55
  • BusRouteNumber: 271

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • HeatingCoolingType: Forced Air,High Efficiency (Unspecified),Radiant
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 4406600030
  • Topography: Level,PartialSlope,Rolling,Terraces
  • Lot Size Acres: 0.3544
  • Lot Size: 95x227x55x197
  • Lot Size Sq Ft: 15436
  • Zoning Description: R5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Moorage,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 3

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 25875

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Sunset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 3, 2021
Sold by
Meade Sean
Bought by
Stewart Malcolm A H and Stewart Michele D
Seller's Agent
Sean Meade
COMPASS
Buyer's Agent
Margo Allan
COMPASS
List Price
$4,150,000
Sold Price
$4,050,000
Premium/Discount to List
-$100,000
-2.41%
Current Estimated Value
$4,603,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,657
Avg. Annual Appreciation
3.51%
Original Mortgage
$1,500,000
Outstanding Balance
$1,356,613
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$3,342,609

Purchase Details

Closed on
Jan 17, 2018
Sold by
Meade Megan
Bought by
Meade Sean

Purchase Details

Listed on
Mar 5, 2013
Closed on
Jul 16, 2013
Sold by
Maimone Tim J and Maimone Jessica L
Bought by
Meade Sean Michael and Meade Megan Paige
Seller's Agent
Doris Ong
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Tamara Dean
Windermere Real Estate/East
List Price
$2,198,000
Sold Price
$2,025,000
Premium/Discount to List
-$173,000
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,500,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 9, 2005
Sold by
Rumberger George H and Rumberger Kathleen
Bought by
Maimone Tim J and Maimone Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1998
Sold by
Fomo Victor E and Fomo Anne E G
Bought by
Rumberger George H and Rumberger Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7%
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
Stewart Malcolm A H $4,050,000 Wfg Natl Ttl Co Of Wa Llc
Meade Sean -- None Available
Meade Sean Michael $2,025,000 Old Republic Title
Maimone Tim J $1,365,000 Chicago Title
Rumberger George H $890,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Malcolm A H $1,500,000
Previous Owner Meade Sean Michael $1,380,000
Previous Owner Meade Sean Michael $1,500,000
Previous Owner Maimone Tim J $1,000,000
Previous Owner Rumberger George H $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $4,050,000 -2.4% $1,041 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $4,150,000 +104.9% $1,067 / Sq Ft
08/02/2013 08/02/13 Sold $2,025,000 -7.9% $521 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $2,198,000 -- $565 / 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 $34,047 $4,001,000 $2,463,000 $1,538,000
2023 $32,193 $3,645,000 $2,065,000 $1,580,000
2022 $27,445 $4,335,000 $2,215,000 $2,120,000
2021 $25,739 $2,972,000 $1,528,000 $1,444,000
2020 $25,875 $2,603,000 $1,340,000 $1,263,000
2018 $25,568 $2,860,000 $1,308,000 $1,552,000
2017 $22,258 $2,505,000 $1,155,000 $1,350,000
2016 $21,335 $2,257,000 $1,186,000 $1,071,000
2015 $20,709 $2,187,000 $1,158,000 $1,029,000
2014 -- $2,094,000 $1,108,000 $986,000
2013 -- $1,785,000 $939,000 $846,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1754700

Northwest Multiple Listing Service (NWMLS)

APN: 440660-0030