$390,000
SOLD JUL 20, 2021
1 Bed
1 Bath
900 Sq Ft
$361/mo HOA Fee

Recently Sold

$433 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • City View
  • Property is near public transit
  • 1-Story Property
  • Woodridge Elementary School Rated A
  • Community Pool
  • Garage

About This Home

As of July 2021

Location, Location! This popular Condo in the heart of FACTORIA. This Gem has an updated Gourment Kitchen w/SS appliances, Quartz countertop, New Cabinets, Updated Bathroom and Dining Room. Master bedroom and A Bonus Room with a Walk-In Closet (2nd Bedroom!!) Huge Car Garage, New Roof, Siding AND Window. Enjoy An Outdoor Swimming Pool and Hot Tub. Award-winning Bellevue schools. Walking Distance to Malls (New Amazon Shop), Restaurants. Minutes to I-90, 405. T-Mobile HQ! Well-managed HOA with lower dues.

Last Agent to Sell the Property

Eddy Pang

TEC Real Estate Inc. License #91643 Listed on: 06/09/2021

Last Buyer's Agent

Eddy Pang

TEC Real Estate Inc. License #91643 Listed on: 06/09/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1788709

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1981

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • Garage

Property Views

  • City
  • Territorial

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Laminate Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Schools

  • Woodridge Elementary School
  • Tyee Mid Middle School
  • Newport Snr High School

Additional Features

  • Property is near public transit
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, sewer, snow removal, water
  • 12 Units
  • Joseph Rivera Association
  • Somerset Estate Condos
  • Factoria Subdivision
  • Park Phone (425) 688-2004 | Manager Joseph Rivera

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,090

Year Built

Built in 1981

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1981
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Somerset Estate
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 900
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 6
  • RemodeledUpdated: true
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1788709?w=Consumer&agent=58326
  • Special Features: VirtualTour
  • Cumulative Days on Market: 628

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Laminate, Cooking-Electric, Dryer-Electric, Fireplace, Water Heater
  • Main Level Bedrooms: 1
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • ParkingSpaceNumbers: A-6

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Pool
  • Park Manager Name: Joseph Rivera
  • Park Manager Phone: 425-688-2004
  • Senior Community: No
  • Association Fee: 361
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Joseph Rivera
  • CoOp: false
  • CommonPropertyFeatures: Pool-Outdoor

Fee Information

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

Schools

  • Junior High Dist: Bellevue
  • High School: Newport Snr High
  • Middle Or Junior School: Tyee Mid

Lot Info

  • Parcel Number: 7856590060
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: KC
  • MLSSquareFootageSource: KC

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: Below Rental Cap (See Remarks)

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3090

Multi Family

  • Number Of Units In Community: 12
  • EnergySource: Electric

MLS Schools

  • Elementary School: Woodridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 18, 2021
Sold by
Chin Chan Kiu
Bought by
Lu Bin and Lu Hui
Seller's Agent
Eddy Pang
TEC Real Estate Inc.
Buyer's Agent
Eddy Pang
TEC Real Estate Inc.
List Price
$419,000
Sold Price
$390,000
Premium/Discount to List
-$29,000
-6.92%
Current Estimated Value
$461,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,090
Avg. Annual Appreciation
4.24%

Purchase Details

Listed on
Sep 11, 2018
Closed on
Dec 11, 2018
Sold by
Chow Ngai Pan
Bought by
Chan Kiu Chin
Seller's Agent
Shihong Ni
AgencyOne
Buyer's Agent
Eddy Pang
TEC Real Estate Inc.
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$256,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2005
Sold by
Altchech Steven E and Altchech Diana R
Bought by
Chow Ngai Pan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,350
Interest Rate
5.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 8, 1990
Sold by
Cain Elizabeth A
Bought by
Altchech Steven E and Altchech Diana R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Wfg National Title Company Of
Warranty Deed $320,000 Wfg National Title Company O
Warranty Deed $168,200 Chicago Title
Warranty Deed $78,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,100 New Conventional
Previous Owner $256,000 New Conventional
Previous Owner $25,350 Stand Alone Second
Previous Owner $135,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $390,000 -2.5% $433 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $399,900 -4.6% $444 / Sq Ft
06/09/2021 06/09/21 For Sale $419,000 +30.9% $466 / Sq Ft
12/17/2018 12/17/18 Sold $320,000 -5.9% $356 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/30/2018 10/30/18 Price Changed $340,000 -2.9% $378 / Sq Ft
09/28/2018 09/28/18 Price Changed $350,000 -6.7% $389 / Sq Ft
09/11/2018 09/11/18 For Sale $375,000 -- $417 / 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 $3,147 $427,000 $67,900 $359,100
2023 $3,101 $487,000 $63,500 $423,500
2022 $3,068 $436,000 $61,300 $374,700
2021 $3,069 $372,000 $61,300 $310,700
2020 $3,090 $345,000 $61,300 $283,700
2018 $2,477 $319,000 $59,100 $259,900
2017 $1,983 $268,000 $56,900 $211,100
2016 $1,963 $226,000 $54,700 $171,300
2015 $1,902 $222,000 $52,500 $169,500
2014 -- $213,000 $48,100 $164,900
2013 -- $143,000 $43,800 $99,200
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1788709

Northwest Multiple Listing Service (NWMLS)

APN: 785659-0060