Seller's Agent in 2020
James McCarthy
COMPASS
(206) 599-9395
1 in this area
63 Total Sales
Listed by COMPASS, Bought with Keller Williams Rlty Bellevue
4509 Somerset Place SE Bellevue, WA 98006
Somerset NeighborhoodEstimated Value: $2,262,000 - $2,579,000
3
Beds
2.5
Baths
2,787
Sq Ft
$870/Sq Ft
Est. Value
Highlights
- Lake View
- 0.52 Acre Lot
- Deck
- Somerset Elementary School Rated A
- Fruit Trees
- Property is near public transit
About This Home
As of September 2020Feed your soul with magnificent panoramic sunsets, unobstructed views of Seattle, Bellevue, Lake Washington + Olympic Mountains! Perched perfectly near the top of Somerset with vaulted ceilings, wall of windows + wrap around deck maximizes views from every level. Warm hardwoods, fresh carpet/paint throughout. Sleek kitchen that opens to great room upstairs + rec room down. Prime location and easy commute, minutes to coveted Somerset/Tyee/Newport + Somerset Rec Club (tennis & pool facilities)!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1643823
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,234
Year Built
- Built in 1976
Lot Details
- 0.52 Acre Lot
- Open Space
- Brush Vegetation
- Terraced Lot
- Fruit Trees
- Garden
- Property is in very good condition
HOA Fees
- $7 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Slab Foundation
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,787 Sq Ft Home
- 1-Story Property
- Skylights
- 1 Fireplace
- Dining Room
- Storm Windows
- Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Schools
- Somerset Elementary School
- Tyee Mid Middle School
- Newport Snr High School
Utilities
- Water Heater
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Additional Features
- Deck
- Property is near public transit
Community Details
- Somerset Community Association
- Bellevue Subdivision
Listing and Financial Details
- Assessor Parcel Number 7856410010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2020
Closed on
Aug 24, 2020
Sold by
Otten Martin and Otten Carmen
Bought by
Archer Surekha and Archer Kiran
Seller's Agent
James McCarthy
COMPASS
Buyer's Agent
Justin Richards
Keller Williams Rlty Bellevue
List Price
$1,600,000
Sold Price
$1,595,000
Premium/Discount to List
-$5,000
-0.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,549
Avg. Annual Appreciation
8.82%
Original Mortgage
$741,750
Outstanding Balance
$659,747
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,765,802
Purchase Details
Closed on
Jun 16, 2009
Sold by
Hamilton James R and Hamilton Jennifer A
Bought by
Otten Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 1997
Sold by
Ruegg Christoph F and Ruegg Sylvia
Bought by
Hamilton James R and Hamilton Jennifer A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.68%
Purchase Details
Closed on
Sep 15, 1994
Sold by
Brassington Kathryn Lamb
Bought by
Ruegg Christoph F and Ruegg Sylvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,600
Interest Rate
7.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Archer Surekha | $1,595,000 | Chicago Title | |
| Otten Martin | $925,000 | Commonwealth L | |
| Hamilton James R | $375,000 | Chicago Title Ins Co | |
| Ruegg Christoph F | $359,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Archer Surekha A | $195,000 | |
| Open | Archer Surekha | $741,750 | |
| Previous Owner | Otten Martin | $300,000 | |
| Previous Owner | Hamilton James R | $275,000 | |
| Previous Owner | Ruegg Christoph F | $287,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2020 09/11/20 | Sold | $1,595,000 | 0.0% | $572 / Sq Ft |
| 08/13/2020 08/13/20 | Pending | -- | -- | -- |
| 08/10/2020 08/10/20 | Price Changed | $1,595,000 | -0.3% | $572 / Sq Ft |
| 08/10/2020 08/10/20 | For Sale | $1,600,000 | -- | $574 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $14,657 | $1,998,000 | $1,356,000 | $642,000 |
| 2023 | $13,232 | $1,692,000 | $1,377,000 | $315,000 |
| 2022 | $12,999 | $2,229,000 | $1,664,000 | $565,000 |
| 2021 | $12,517 | $1,583,000 | $1,164,000 | $419,000 |
| 2020 | $11,963 | $1,413,000 | $792,000 | $621,000 |
| 2018 | $11,699 | $1,488,000 | $810,000 | $678,000 |
| 2017 | $9,919 | $1,271,000 | $795,000 | $476,000 |
| 2016 | $9,183 | $1,136,000 | $710,000 | $426,000 |
| 2015 | $8,751 | $1,044,000 | $649,000 | $395,000 |
| 2014 | -- | $985,000 | $608,000 | $377,000 |
| 2013 | -- | $874,000 | $540,000 | $334,000 |
Source: Public Records
Agents Affiliated with this Home
-
James McCarthy
-
Justin Richards
Buyer's Agent in 2020
Justin Richards
Keller Williams Realty Bellevue
(425) 765-8088
1 in this area
50 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1643823
APN: 785641-0010
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Based on information submitted to the MLS GRID
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