Listed by Associates Network, Inc., Bought with Redfin
NOT LISTED FOR SALE

508 W Lake Sammamish Pkwy SE Bellevue, WA 98008

West Lake Sammamish Neighborhood

Estimated Value: $2,525,978 - $3,950,000

3 Beds
4 Baths
2,480 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $1,125,000 $454 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $17,832/month

182 Days on Market

About This Home

As of March 2014

Rare opportunity to own prime 50ft.of Lake Sammamish low bank waterfront with dock, boat lift & private boat launch! Huge $340,000 price reduction gives buyer the opportunity to put finishing touches on 2,480+ sq. ft. A-frame cabin or build their deluxe custom "dream home". Lakeside living at its finest with sweeping breathtaking views, 2 patios + RV parking & lots of parking for guests. Fantastic location close to schools, shops, Microsoft & many parks! Hurry!!!

Last Agent to Sell the Property

Sharon Butler

Associates Network, Inc. Listed on: 08/22/2013

Co-Listed By

Michelle Hogg

RE/MAX Eastside Brokers, Inc. License #24036

Last Buyer's Agent

Andrew Maglalang-Weakley

Redfin License #111616

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM534949

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$19,734

Year Built

1969

Lot Details

0

Listing Details

  • Condition: Remodeled
  • Sq Ft Finished: 2480
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Basement: Partially Finished
  • Features: Bath Off Master, Double Pane/Storm Window, Fireplace in Master Bedroom, French Doors, Skylights, Vaulted Ceilings
  • Fireplaces: 2
  • Floor: Hardwood, Wall to Wall Carpet
  • Water Heater Location: basement-gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Poured Concrete
  • Lot Details: Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Dock, RV Parking
  • View: Lake, Mountain
  • Waterfront: Low Bank, Lake
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Source: Public

Schools

  • School District: BE
  • Elementary School: Bennett Elem
  • Middle School: Highland Mid
  • High School: Interlake Snr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Mar 17, 2014
Sold by
Layton Doug B
Bought by
Miller Craig Aird and Ma Xiaolin Linda
Seller's Agent
Sharon Butler
Associates Network, Inc.
Buyer's Agent
Andrew Maglalang-Weakley
Redfin
List Price
$1,465,000
Sold Price
$1,125,000
Premium/Discount to List
-$340,000
-23.21%
Current Estimated Value
$3,038,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,913,245
Original Mortgage
$900,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2008
Sold by
Layton Doug B and Layton Judy A
Bought by
Layton Doug B

Purchase Details

Closed on
Aug 13, 2007
Sold by
Mathewson Sundi and Mathewson Michael
Bought by
Layton Douglas B and Layton Judy A

Purchase Details

Closed on
Oct 10, 2003
Sold by
Crinzi Richard A and Crinzi Debra
Bought by
Steele Sundi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1992
Sold by
Crinzi Richard A
Bought by
Crinzi Richard A and Crinzi Debra
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 Buyer Sale Price Title Company
Miller Craig Aird $1,125,000 First American
Layton Doug B -- Chicago Title
Layton Douglas B $1,300,000 Transnation Ti
Steele Sundi $725,000 Transnation Ti
Crinzi Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Craig Aird $1,000,000
Open Miller Craig Aird $2,000,000
Closed Miller Craig A $417,000
Closed Miller Craig Aird $900,000
Previous Owner Layton Douglas B $938,250
Previous Owner Steele Sundi $573,931
Previous Owner Steele Sundi $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $1,125,000 0.0% $454 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/07/2014 02/07/14 Price Changed $1,125,000 -23.2% $454 / Sq Ft
08/22/2013 08/22/13 For Sale $1,465,000 -- $591 / 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 $19,734 $2,691,000 $2,208,000 $483,000
2023 $19,166 $2,452,000 $1,851,000 $601,000
2022 $12,482 $2,217,000 $1,964,000 $253,000
2021 $11,800 $1,520,000 $1,355,000 $165,000
2020 $11,475 $1,332,000 $1,188,000 $144,000
2018 $11,395 $1,413,000 $1,160,000 $253,000
2017 $9,622 $1,238,000 $1,024,000 $214,000
2016 $9,394 $1,102,000 $1,057,000 $45,000
2015 $9,088 $1,068,000 $1,032,000 $36,000
2014 -- $1,023,000 $987,000 $36,000
2013 -- $872,000 $837,000 $35,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM534949

Northwest Multiple Listing Service (NWMLS)

APN: 752490-0015