5238 116th Place SE Bellevue, WA 98006
Newport NeighborhoodEstimated Value: $1,075,000 - $1,291,000
3
Beds
2
Baths
1,290
Sq Ft
$938/Sq Ft
Est. Value
About This Home
This home is located at 5238 116th Place SE, Bellevue, WA 98006 and is currently estimated at $1,209,928, approximately $937 per square foot. 5238 116th Place SE is a home located in King County with nearby schools including Newport Heights Elementary School, Tyee Middle School, and Newport High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2020
Sold by
Gerlitz James R and Estate Of Ellen M Gerlitz
Bought by
Hwang David P and Hwang Hyun Mi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,225
Outstanding Balance
$532,564
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$670,170
Purchase Details
Closed on
Mar 14, 1991
Sold by
Gerlitz Elmer R
Bought by
Gerlitz Ellen M
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hwang David P | $575,000 | Chicago Title | |
Gerlitz Ellen M | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hwang David P | $150,000 | |
Open | Hwang David P | $588,225 | |
Closed | Hwang David P | $588,225 |
Source: Public Records
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 | $7,534 | $986,000 | $778,000 | $208,000 |
2023 | $7,387 | $831,000 | $657,000 | $174,000 |
2022 | $6,288 | $1,000,000 | $798,000 | $202,000 |
2021 | $5,907 | $733,000 | $600,000 | $133,000 |
2020 | $5,691 | $638,000 | $389,000 | $249,000 |
2018 | $5,195 | $653,000 | $405,000 | $248,000 |
2017 | $4,254 | $537,000 | $356,000 | $181,000 |
2016 | $4,051 | $460,000 | $318,000 | $142,000 |
2015 | $3,368 | $435,000 | $300,000 | $135,000 |
2014 | -- | $358,000 | $268,000 | $90,000 |
2013 | -- | $310,000 | $240,000 | $70,000 |
Source: Public Records
Map
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