NOT LISTED FOR SALE

Estimated Value: $1,981,111 - $2,403,000

4 Beds
1 Bath
2,410 Sq Ft
$883/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $1,003,000 $416 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $12,368/month

7 Days on Market

Highlights

  • Views of a Sound
  • Wood Flooring
  • Attached Garage
  • Somerset Elementary School Rated A
  • 2 Fireplaces
  • Patio

About This Home

As of June 2016

This lovingly maintained Somerset view home sits on a level lot on the desirable west side. The same owner for more than 40 years, this tri-level home is located 2.5 blocks to award winning Somerset Elem and minutes to Newport HS. You'll love the panoramic views of Seattle, DT Bellevue, Lk Washington and the Olympic mtns. Newer roof, water heater, ext. paint, and furnace. This blank canvas is ready for your creative designer touches, opportunity knocks once in this coveted Bellevue neighborhood.

Last Agent to Sell the Property

Paul Kim

Coldwell Banker Danforth License #7521 Listed on: 05/03/2016

Coldwell Banker Danforth

Last Buyer's Agent

May Li

Regency Realties LLC License #24789

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM936429

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,382

Year Built

  • Built in 1968

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Somerset Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 7856600020

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,382

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room
  • Floor Covering: Hardwood, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2410
  • Square Footage Finished: 2410

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake, Mountain, Sound, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Heater: Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 6
  • Community Name: Somerset
  • Project: Somerset Highlands
  • Community Features: Ccrs

Schools

  • Elementary School: Somerset Elem
  • Middle School: Tyee Mid
  • High School: Newport Snr High
  • School District: BE

Lot Info

  • Lot Number: 2
  • Lot Details: Curbs, Paved Street
  • Lot Sq Ft: 9825
  • Lot Topography Vegetation: Level
  • Parcel Number: 7856600020
  • Lot Topography: Level

Tax Info

  • Tax Amount: 6979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 14, 2016
Sold by
Koenig Robert W
Bought by
Elia Jie Liu D and Elia Joseph S D
Seller's Agent
Paul Kim
Coldwell Banker Danforth
Buyer's Agent
May Li
Regency Realties LLC
List Price
$825,000
Sold Price
$1,003,000
Premium/Discount to List
$178,000
21.58%
Current Estimated Value
$2,128,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,125,778
Avg. Annual Appreciation
8.39%
Original Mortgage
$700,000
Outstanding Balance
$557,847
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$1,570,931

Purchase Details

Closed on
Jun 4, 2003
Sold by
Koenig Robert W
Bought by
Joy L Koenig Credit Trust
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
Elia Jie Liu D $1,003,000 First American
Joy L Koenig Credit Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elia Jie Liu D $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $1,003,000 +21.6% $416 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $825,000 -- $342 / 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 $13,382 $1,824,000 $1,233,000 $591,000
2023 $11,795 $1,508,000 $1,129,000 $379,000
2022 $10,563 $1,811,000 $1,364,000 $447,000
2021 $10,173 $1,286,000 $954,000 $332,000
2020 $9,725 $1,148,000 $649,000 $499,000
2018 $8,885 $1,172,000 $665,000 $507,000
2017 $7,538 $965,000 $589,000 $376,000
2016 $6,979 $863,000 $526,000 $337,000
2015 $6,648 $793,000 $481,000 $312,000
2014 -- $748,000 $450,000 $298,000
2013 -- $664,000 $400,000 $264,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM936429

Northwest Multiple Listing Service (NWMLS)

APN: 785660-0020