Listed by Windermere Real Estate/East, Bought with Skyline Properties, Inc.
$6,900,000
SOLD FEB 10, 2020
13 Acres
$539,062 Price per Acre
557,568 Sq Ft Lot

Recently Sold

$2,097 Per Sq Ft

3% Below List Price

223 Days on Market

Highlights

  • Level Lot
  • Cherry Crest Elementary School Rated A
  • 4-minute walk to Bridle Trails Valley Creek Park

About This Lot

As of February 2020

Spectacular 12.8 acres located in the heart of Bridle Trails close to Microsoft, Nintendo, Bellevue Golf Course, Overlake Transit Center & Hwy 520. The plat, received preliminary approval in Q3 2019 from the City of Bellevue, is comprised of 8 beautiful single family estate sized homesites averaging over 25,000 sf each & 1 existing 3,290 sf impeccably maintained mid-century family home. Buyer to determine whether to keep existing home for grandfathered buffers or to develop as 9 new homesites

Last Agent to Sell the Property

Carmen Halstrom

Windermere Real Estate/East License #9469 Listed on: 06/04/2019

Windermere Real Estate/East

Co-Listed By

Scott Cameron

Land Advisors Organization WA License #12312

Last Buyer's Agent

Hui Wang

Skyline Properties, Inc. License #121007

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1468083

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60,105

Lot Details

  • Level Lot

Community Details

  • Bridle Trails Community

Listing and Financial Details

  • Assessor Parcel Number 1525059070

Property Details

Property Type

Land

Est. Annual Taxes

$60,105

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Corners Flagged, Evergreens, Garden/Fruit Trees, Heavily Forested, Pond, Stream/Creek
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: Available
  • Water: In Street, On Property

Condo/Co-op/Association

  • Community Name: Bridle Trails

Schools

  • School District: BE

Lot Info

  • General Zoning Classification: Residential
  • Improvements: Cable Tv Available, Dock, Dwelling, Fenced-Partially, Outbuilding(s)
  • Lot Sq Ft: 557535
  • Parcel Number: 1525059070
  • Topography: Level
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 35120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Bluesun Land Llc
Bought by
Murray Franklyn Homes Llc
Current Estimated Value
$8,684,531

Purchase Details

Listed on
Jun 4, 2019
Closed on
Feb 5, 2020
Sold by
Perry Karen and The Robert L Perry Irrevocable
Bought by
Bluesun Land Llc
Seller's Agent
Carmen Halstrom
Windermere Real Estate/East
Buyer's Agent
Hui Wang
Skyline Properties, Inc.
List Price
$7,125,000
Sold Price
$6,900,000
Premium/Discount to List
-$225,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Dec 21, 2004
Sold by
Perry Lillian K
Bought by
Perry Karen and Perry Michael

Purchase Details

Closed on
Feb 4, 1998
Sold by
Perry Lillian Irene and Perry Robert Lockwood
Bought by
Perry Lillian Irene
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 Type Sale Price Title Company
Warranty Deed $14,500,000 Chicago Title
Warranty Deed $6,900,000 Chicago Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $6,900,000 -3.2% $2,097 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
11/04/2019 11/04/19 Price Changed $7,125,000 0.0% $2,166 / Sq Ft
11/04/2019 11/04/19 For Sale $7,125,000 -10.1% $2,166 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $7,925,000 0.0% $2,409 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $7,925,000 -- $2,409 / 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 $60,105 $8,201,000 $8,200,000 $1,000
2023 $63,138 $7,409,000 $7,408,000 $1,000
2022 $53,227 $8,927,000 $8,926,000 $1,000
2021 $48,791 $6,488,000 $6,487,000 $1,000
2020 $48,265 $5,513,000 $5,512,000 $1,000
2018 $35,120 $5,465,000 $5,464,000 $1,000
2017 $27,998 $3,818,000 $3,817,000 $1,000
2016 $27,097 $3,209,000 $3,208,000 $1,000
2015 $27,073 $3,083,000 $3,082,000 $1,000
2014 -- $3,050,000 $3,049,000 $1,000
2013 -- $2,574,000 $2,573,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1468083

Northwest Multiple Listing Service (NWMLS)

APN: 152505-9070