Listed by John L. Scott, Inc., Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $2,850,000 - $4,418,000

5 Beds
3 Baths
2,370 Sq Ft
$1,615/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $602,500 $254 Per Sq Ft

Est. 535% increase in value since last sale

Current estimated payment $22,803/month

6 Days on Market

About This Home

As of October 2013

Investment opportunity in Surrey Downs, just blocks from downtown Bellevue! Main floor w/original hardwoods, vaulted ceilings, wood burning frplc & spacious kitchen! Plus, master with ¾ bth, 2 more bdrms & full bthrm. Huge basement with 2 bdrms, ½ bth, open living area w/potential for kitchenette & dining, fireplace and slider to back patio. Newer gas furnace, 2 car garage, large, level backyard & just a few feet away from Surrey Downs Park! Home is ready for your renovations or custom build!

Last Agent to Sell the Property

Amber Pedersen

John L. Scott, Inc. License #81372 Listed on: 10/09/2013

John L. Scott, Inc.

Last Buyer's Agent

Lan Nguyen

John L. Scott, Inc. License #2999

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM553745

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$23,602

Year Built

1961

Lot Details

0

Listing Details

  • Sq Ft Finished: 2370
  • Form 17: Exempt
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Appliances: Dishwasher
  • Fireplaces: 2
  • Basement: Daylight
  • Features: Bath Off Master, Dining Room, Vaulted Ceilings
  • Fireplaces: 2
  • Floor: Hardwood, Vinyl
  • Water Heater Location: Closet in basement-Electric

Exterior Features

  • Roof: Torch Down
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Curbs
  • Roof: Torch Down
  • Site Features: Partial Fence, Natural Gas Available, Patio
  • Lot Topography: Level

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Source: Public

Schools

  • School District: BE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Oct 24, 2013
Sold by
Spofford Peter O
Bought by
Xiao Lin and Chen Xiaohua
Seller's Agent
Amber Pedersen
John L. Scott, Inc.
Buyer's Agent
Lan Nguyen
John L. Scott, Inc.
List Price
$550,000
Sold Price
$602,500
Premium/Discount to List
$52,500
9.55%
Current Estimated Value
$3,824,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,221,521
Avg. Annual Appreciation
16.30%
Original Mortgage
$170,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
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
Xiao Lin $602,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiao Lin $339,000
Closed Xiao Lin $380,000
Closed Xiao Lin $500,000
Closed Xiao Lin $249,000
Closed Xiao Lin $400,000
Closed Xiao Lin $730,000
Closed Xiao Lin $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $602,500 +9.5% $254 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $550,000 -- $232 / 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 $23,602 $3,219,000 $1,568,000 $1,651,000
2023 $24,240 $3,062,000 $1,490,000 $1,572,000
2022 $20,773 $3,426,000 $1,667,000 $1,759,000
2021 $20,036 $2,531,000 $1,233,000 $1,298,000
2020 $21,331 $2,263,000 $1,087,000 $1,176,000
2018 $19,643 $2,414,000 $699,000 $1,715,000
2017 $16,389 $2,135,000 $612,000 $1,523,000
2016 $4,440 $1,878,000 $539,000 $1,339,000
2015 $4,200 $504,000 $504,000 $0
2014 -- $472,000 $472,000 $0
2013 -- $506,000 $377,000 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM553745

Northwest Multiple Listing Service (NWMLS)

APN: 814610-0525