NOT LISTED FOR SALE

Estimated Value: $2,614,000 - $3,012,000

4 Beds
3 Baths
4,160 Sq Ft
$656/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $955,000 $230 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $16,117/month

18 Days on Market

Highlights

  • Lake View
  • Clubhouse
  • Wood Flooring
  • Spiritridge Elementary School Rated A
  • Deck
  • 3 Fireplaces

About This Home

As of November 2018

Truly an incredible opportunity w/ equally stunning views. No, a 1 is not missing in front of the price… you read it right! Not finding what you’re looking for?...This is your “almost blank canvas” to create the home you envisioned. Located in the middle of The Summit neighborhood in Bellevue w/ panoramic views of Lake Washington, the Olympics & New Castle Golf Course from almost every room. The Summit community offers 24/7 security patrol, a clubhouse w/ banquet room, pool & tennis courts.

Last Agent to Sell the Property

Grant Weaver

Keller Williams Realty Bothell License #23045 Listed on: 09/13/2018

Keller Williams Realty Bothell

Co-Listed By

Chelsea Hoover

COMPASS License #113278

Last Buyer's Agent

Fengling Cheng

Skyline Properties, Inc. License #122962

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1358421

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,887

Year Built

  • Built in 1990

Lot Details

  • 10,019

Parking

  • Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Wood Siding

Flooring

  • Wood
  • Ceramic Tile

Additional Features

  • 3 Fireplaces
  • Deck
  • Garden
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 8081000190

Community Details

Overview

  • The Summit Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,887

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood
  • Bedrooms: 4.00
  • Lower Level Bedroom: 3
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 4160
  • Square Footage Finished: 4160

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • View: Lake, Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Heater: Basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 276
  • Community Name: The Summit
  • Community Features: CCRs, Clubhouse, Tennis Courts

Schools

  • School District: BE

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 9840
  • Lot Topography Vegetation: Garden Space
  • Parcel Number: 8081000190
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space

Tax Info

  • Tax Amount: 7148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 13, 2018
Sold by
Nrz Req X Llc
Bought by
Zhao Xing and Yan Yan
Seller's Agent
Grant Weaver
Keller Williams Realty Bothell
Buyer's Agent
Fengling Cheng
Skyline Properties, Inc.
List Price
$825,000
Sold Price
$955,000
Premium/Discount to List
$130,000
15.76%
Current Estimated Value
$2,730,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,775,557
Avg. Annual Appreciation
16.39%

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 5, 2018
Sold by
U S Bank National Association
Bought by
Nrz Reo X Llc
Seller's Agent
Grant Weaver
Keller Williams Realty Bothell
Buyer's Agent
Fengling Cheng
Skyline Properties, Inc.
List Price
$825,000
Sold Price
$955,000
Premium/Discount to List
$130,000
15.76%

Purchase Details

Closed on
May 21, 2018
Sold by
Lee Tae S and Lee Mi H
Bought by
U S Bank National Association and Nrz Pass Through Trust X

Purchase Details

Closed on
Mar 6, 2017
Sold by
Lee Tae S
Bought by
Lee Mike and Park Sung Y

Purchase Details

Closed on
Mar 2, 2006
Sold by
Palmer Brent A and Palmer Karen T
Bought by
Lee Tae S and Lee Mi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,500
Interest Rate
5.75%

Purchase Details

Closed on
Dec 2, 2003
Sold by
Chan Keith W and Chan Teresa S
Bought by
Palmer Brent A and Palmer Karen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.87%

Purchase Details

Closed on
Dec 11, 1998
Sold by
Moore Gary S and Moore Margaret S
Bought by
Chan Keith W and Chan Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Zhao Xing $1,000,999 Fidelity National Title Comp
Nrz Reo X Llc $1,000,999 Fidelity National Title
U S Bank National Association $1,565,054 None Available
Lee Mike -- None Available
Lee Tae S $1,195,000 Chicago Title
Palmer Brent A $775,000 Chicago Title
Chan Keith W $700,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Tae S $836,500
Previous Owner Palmer Brent A $620,000
Previous Owner Chan Keith W $400,000
Closed Palmer Brent A $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $955,000 +15.8% $230 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $825,000 -- $198 / 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 $21,887 $2,985,000 $1,391,000 $1,594,000
2023 $19,016 $2,154,000 $1,096,000 $1,058,000
2022 $15,664 $2,687,000 $1,324,000 $1,363,000
2021 $15,082 $1,908,000 $926,000 $982,000
2020 $7,139 $1,703,000 $630,000 $1,073,000
2018 $7,148 $851,000 $645,000 $206,000
2017 $11,654 $776,000 $621,000 $155,000
2016 $10,413 $1,335,000 $555,000 $780,000
2015 $9,922 $1,184,000 $508,000 $676,000
2014 -- $1,117,000 $476,000 $641,000
2013 -- $992,000 $423,000 $569,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1358421

Northwest Multiple Listing Service (NWMLS)

APN: 808100-0190