Listed by COMPASS, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $2,019,820 - $2,135,000

5 Beds
3 Baths
3,155 Sq Ft
$651/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $1,825,000 $578 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,065/month

6 Days on Market

Highlights

  • Spa
  • Mountain View
  • Property is near public transit
  • Somerset Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of March 2023

Stunning mid-century masterpiece with breathtaking views of the Cascades in the coveted neighborhood of Somerset Woods. Original owners have kept this property in pristine condition, and it's now on the market for the first time. Immaculately maintained, this stylish and sophisticated property features high-end finishes throughout including gleaming hardwood floors, updated bathrooms, and a fully-renovated chef's kitchen with Viking appliances. Multiple fireplaces add a cozy touch to the generously sized living spaces, while the exterior provides a private and tranquil retreat with two brand-new decks. Top-rated schools. Pre-inspected, turn-key, and not a single stone unturned. A one-of-a-kind home that is truly a must-see!

Last Agent to Sell the Property

Jason Gibbons

COMPASS License #78689 Listed on: 02/14/2023

COMPASS

Co-Listed By

Scott Gibbons

COMPASS License #16911

Last Buyer's Agent

Cece Chen

Kelly Right RE of Seattle LLC License #22005656

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2035757

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,046

Year Built

  • Built in 1970

Lot Details

  • 9,700 Sq Ft Lot
  • Street terminates at a dead end
  • West Facing Home
  • Sloped Lot
  • Wooded Lot
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,155 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Dining Room
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7856700810

Community Details

Overview

  • No Home Owners Association
  • Built by Lozier
  • Somerset Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,046

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1970
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Somerset Woods
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 3155
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 3
  • Basement: Daylight
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Hot Tub/Spa, Skylight(s), Vaulted Ceiling(s), Water Heater
  • Living Area: 3155
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 3155
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: Lozier
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs, Park, Playground, Trail(s)
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 7856700810
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.2227
  • Lot Size Sq Ft: 9700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Hot Tub/Spa
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Appraisal

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9046

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Somerset Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 10, 2023
Sold by
Olson Judith A
Bought by
Yang Qianyi A and Jiang Fan
Seller's Agent
Jason Gibbons
COMPASS
Buyer's Agent
Cece Chen
Kelly Right RE of Seattle LLC
List Price
$1,799,950
Sold Price
$1,825,000
Premium/Discount to List
$25,050
1.39%
Views
32
Current Estimated Value
$2,052,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,955
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,277,500
Outstanding Balance
$1,232,013
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$852,947
Source: Public Records

Range of Values:

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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
Yang Qianyi A $1,825,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Qianyi A $1,277,500
Previous Owner Olson Judith A $119,000
Previous Owner Olson Arlen J $149,000
Previous Owner Olson Arlen J $270,000
Previous Owner Olson Arlen J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $1,825,000 +1.4% $578 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $1,799,950 -- $571 / 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 $11,580 $1,588,000 $1,050,000 $538,000
2023 $11,318 $1,447,000 $925,000 $522,000
2022 $9,046 $1,550,000 $1,118,000 $432,000
2021 $8,916 $1,101,000 $782,000 $319,000
2020 $8,523 $1,006,000 $532,000 $474,000
2018 $7,810 $1,027,000 $545,000 $482,000
2017 $6,622 $848,000 $446,000 $402,000
2016 $6,135 $758,000 $399,000 $359,000
2015 $5,850 $697,000 $365,000 $332,000
2014 -- $658,000 $342,000 $316,000
2013 -- $584,000 $304,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2035757

Northwest Multiple Listing Service (NWMLS)

APN: 785670-0810