NOT LISTED FOR SALE

Estimated Value: $6,770,000 - $20,986,888

4 Beds
5 Baths
7,112 Sq Ft
$1,951/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $9,500,000 $1,336 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $86,304/month

153 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Bay View
  • Clyde Hill Elementary School Rated A
  • Spa
  • Secluded Lot

About This Home

As of April 2015

World class Hunts Point estate with undisturbed East facing views. Expansive yard space and 100' of waterfront. Deep water moorage with newly built dock and 70' of white sand beach; your entry to Cozy Cove. Lutron Lighting and AMX Home Management take care of entertainment, security and convenience. Interiors graced with hand scraped walnut hardwoods and hand plastered walls. Only natural materials were used in construction. Find privacy near the end of Hunts Point in the gated, secure estate.

Last Listed By

Arthur Whittlesey

Windermere Real Estate/East License #31443 Listed on: 09/18/2014

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM696179

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,889

Year Built

  • Built in 2006

Lot Details

  • Low Bank Waterfront Property
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Garden

Property Views

  • Bay
  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Tile Roof
  • Stucco
  • Stone

Interior Spaces

  • 4 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Docks
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Hunts Point Community

Listing and Financial Details

  • Assessor Parcel Number 3534900275

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,889

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Disabled Access, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Sauna, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 5.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 4
  • Total Half Bathrooms: 2
  • Main Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 4
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Upper
  • Family Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 7112
  • Square Footage Finished: 7112

Exterior Features

  • Exterior: Stone, Stucco
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Bay, Lake, Mountain
  • Waterfront: Bank-Low, Bay, Lake, No Bank
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Hunts Point

Schools

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

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street, Secluded
  • Lot Dimensions: 100x380
  • Lot Sq Ft: 38460
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 3534900275
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 69745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2014
Closed on
Apr 8, 2015
Sold by
Sapp Layne and Sapp Cari
Bought by
Uberstine Gary
Seller's Agent
Arthur Whittlesey
Windermere Real Estate/East
Buyer's Agent
Cynthia Schoonmaker
Windermere Mercer Island
List Price
$9,950,000
Sold Price
$9,500,000
Premium/Discount to List
-$450,000
-4.52%
Total Days on Market
153
Current Estimated Value
$13,878,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,378,444
Avg. Annual Appreciation
4.02%
Original Mortgage
$5,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 14, 2014
Sold by
Sapp Layne and Sapp Cari
Bought by
Sapp Layne and Sapp Cari

Purchase Details

Closed on
Aug 20, 2009
Sold by
Sapp Layne E and Sapp Cari M
Bought by
Sapp Layne and Sapp Cari

Purchase Details

Closed on
Dec 12, 2007
Sold by
Crs Financial V Llc
Bought by
Sapp Layne E and Sapp Cari M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Sapp Layne E and Sapp Cari
Bought by
Crs Financial V Llc

Purchase Details

Closed on
Sep 13, 2005
Sold by
Teng Chia Chi and Teng Hsiu Fang
Bought by
Sapp Layne E and Sapp Cari M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 19, 2002
Sold by
Underhill Robert
Bought by
Teng Chia Chi and Teng Hsiu Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
5.25%

Purchase Details

Closed on
Feb 26, 1999
Sold by
Schairer George S and Schairer Pauline T
Bought by
Underhill Robert and The East End Trust

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
Uberstine Gary $9,500,000 Cw Title Co
Sapp Layne -- None Available
Sapp Layne -- None Available
Sapp Layne E -- Pacific Nw Tit
Crs Financial V Llc -- Pacific Nw Tit
Sapp Layne E $7,700,000 Chicago Title
Teng Chia Chi $3,500,000 Chicago Title
Underhill Robert $2,450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willow Tree Trust $5,000,000
Closed Uberstine Gary $5,000,000
Previous Owner Sapp Layne E $5,000,000
Previous Owner Sapp Layne E $5,000,000
Previous Owner Teng Chia Chi $1,000,000
Previous Owner Teng Chia Chi $2,000,000
Previous Owner Teng Chia Chi $2,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $9,500,000 -4.5% $1,336 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $9,950,000 +4.7% $1,399 / Sq Ft
11/13/2014 11/13/14 Off Market $9,500,000 -- --
09/18/2014 09/18/14 For Sale $9,950,000 -- $1,399 / 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 $107,889 $17,238,000 $12,210,000 $5,028,000
2023 $101,967 $15,846,000 $11,390,000 $4,456,000
2022 $88,876 $16,749,000 $12,698,000 $4,051,000
2021 $84,268 $12,259,000 $9,591,000 $2,668,000
2020 $85,089 $10,735,000 $8,399,000 $2,336,000
2018 $94,924 $13,292,000 $7,306,000 $5,986,000
2017 $82,983 $11,842,000 $6,512,000 $5,330,000
2016 $79,509 $11,200,000 $5,986,000 $5,214,000
2015 -- $10,362,000 $5,538,000 $4,824,000
2014 -- $9,779,000 $5,230,000 $4,549,000
2013 -- $8,454,000 $4,600,000 $3,854,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM696179

Northwest Multiple Listing Service (NWMLS)

APN: 353490-0275