$420,000
SOLD JUN 2, 2025

515 Newport Way NW Unit A5 Issaquah, WA 98027

Gilman Neighborhood
2 Beds
2 Baths
800 Sq Ft
$414/mo HOA Fee

Recently Sold

$525 Per Sq Ft

5% Below List Price

61 Days on Market

Highlights

  • Balcony
  • Bathroom on Main Level
  • Forced Air Heating System
  • Issaquah Valley Elementary School Rated A
  • Vinyl Plank Flooring
  • 1 Car Garage

About This Home

As of June 2025

Back on market, buyer did not secure financing. INVESTORS ALERT, RENTAL CAP NOT MET. Welcome to this beautiful Condo nestled against lush green space. SS appliances with induction cooktop and electric convections oven with warming drawer. Unit offers unparalleled privacy and serenity. Just moments away from the vibrant shops and restaurants of Downtown Issaquah. Open layout creates a warm and inviting feeling. You'll appreciate a private one-car garage w/storage and one uncovered parking space. Outdoor folks will love the close proximity to Cougar Mountain, Squak Mountain & Tiger Mountain trail systems. Quick and easy access to I-90 provides convenient and street-free travel to Bellevue and Seattle.

Last Agent to Sell the Property

Farid Mohajerjasbi

Dynasty Realty, Inc. License #648 Listed on: 06/03/2024

Last Buyer's Agent

Farid Mohajerjasbi

Dynasty Realty, Inc. License #648 Listed on: 06/03/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2244353

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 1989

Lot Details

  • East Facing Home
  • Sprinkler System

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

  • Issaquah Vly Elementary School
  • Issaquah High Middle School
  • Issaquah High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include earthquake insurance, lawn service, road maintenance, sewer, snow removal, trash, water
  • 35 Units
  • Farid Mohajerjasbi Association
  • Secondary HOA Phone (425) 736-3259
  • Newport Springs Condos
  • Issaquah Subdivision
  • Park Phone (425) 736-3259 | Manager Farid Mohajerjasbi

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,425

Year Built

Built in 1989

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1989
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Newport Springs
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 800
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 10
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Sprinkler System
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2244353?w=Consumer&agent=46128
  • Special Features: None
  • Cumulative Days on Market: 55

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Vinyl Plank, Carpet
  • Interior Amenities: Concrete, Fireplace, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • StorageNo: in garage 5
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: garage
  • WindowCoverings: blind
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: East
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 5, 33

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterHeaterLocation: bedroom closet
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Cable TV, Fire Sprinklers, High Speed Internet
  • Park Manager Name: Farid Mohajerjasbi
  • Park Manager Phone: 425-736-3259
  • Senior Community: No
  • Association Fee: 414
  • Association Fee Frequency: Monthly
  • Phone: 425-736-3259
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subject to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Farid Mohajerjasbi
  • CommonPropertyFeatures: Cable TV,Fire Sprinklers,High Speed Int Avail

Fee Information

  • Association Fee Includes: Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Trash, Water

Schools

  • Junior High Dist: Issaquah
  • High School: Issaquah High
  • Middle Or Junior School: Issaquah High

Lot Info

  • Parcel Number: 6073050050
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: Below Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3425

Multi Family

  • Number Of Units In Community: 35
  • EnergySource: Electric
  • UnitsInBuildingTotal: 17

MLS Schools

  • Elementary School: Issaquah Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
May 20, 2025
Sold by
Rodrigues Evandro Geraldo
Bought by
Yoshimura Strattyn
Seller's Agent
Farid Mohajerjasbi
Dynasty Realty, Inc.
Buyer's Agent
Farid Mohajerjasbi
Dynasty Realty, Inc.
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%
Total Days on Market
61
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
219.51%
Original Mortgage
$399,000
Outstanding Balance
$399,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$46,116

Purchase Details

Listed on
Jun 3, 2024
Closed on
May 16, 2025
Sold by
Vogel Jeanne and Vogel Jeanine R
Bought by
Yoshimura Strattyn
Seller's Agent
Farid Mohajerjasbi
Dynasty Realty, Inc.
Buyer's Agent
Farid Mohajerjasbi
Dynasty Realty, Inc.
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$399,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$46,116

Purchase Details

Closed on
Apr 10, 2009
Sold by
Mccall Lorraine A and Alice Mccall L
Bought by
Vogel Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.02%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Austin P Crane & Frances L Crane Trust
Bought by
Mccall L Alice and Peterson Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,150
Interest Rate
7.06%

Purchase Details

Closed on
Nov 20, 1992
Sold by
Kenicer Kenicer A and Kenicer Corinne C
Bought by
Crane Frances L and Crane Austin P
Source: Public Records

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Range of Values:

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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
Quit Claim Deed $313 Rainier Title
Warranty Deed $420,000 Rainier Title
Warranty Deed $181,000 Ticor National
Warranty Deed $102,000 First American
Warranty Deed $86,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,000 New Conventional
Previous Owner $86,500 New Conventional
Previous Owner $111,000 No Value Available
Previous Owner $75,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $99,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $420,000 -4.5% $525 / Sq Ft
08/20/2024 08/20/24 For Sale $440,000 0.0% $550 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $440,000 +4.8% $550 / Sq Ft
07/17/2024 07/17/24 Off Market $420,000 -- --
06/25/2024 06/25/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $440,000 -- $550 / 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 $2,966 $358,000 $68,000 $290,000
2023 $3,425 $397,000 $68,000 $329,000
2022 $2,901 $341,000 $68,000 $273,000
2021 $2,712 $312,000 $68,000 $244,000
2020 $2,837 $271,000 $68,000 $203,000
2018 $2,276 $257,000 $55,500 $201,500
2017 $1,895 $220,000 $55,300 $164,700
2016 $1,798 $190,000 $55,300 $134,700
2015 $1,561 $177,000 $55,300 $121,700
2014 -- $151,000 $55,300 $95,700
2013 -- $113,000 $55,300 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2244353

Northwest Multiple Listing Service (NWMLS)

APN: 607305-0050