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

545 Bellevue Way SE Bellevue, WA 98004

Southwest Bellevue Neighborhood
6 Beds
6 Baths
21,469 Sq Ft
0.92 Acres

Last Sold December 24, 2019

Last sale price $8,000,000 $373 Per Sq Ft

14 Days on Market

Highlights

  • 0.92 Acre Lot
  • Wood Siding
  • Wall to Wall Carpet
  • Enatai Elementary School Rated A

About This Home

As of December 2019

Town & Country Apartments is a 23 (one non-confirming) unit apartment building with a unit mix of 1, 2, and 3 bedroom units spread across a large 40,000 SF lot. 6 units have been updated with new appliances, floors, counters, cabinets, and washer/dryers. Recent replacement of the roof, balconies, signage, landscaping, and 6 units total close to $500,000 of improvements within the last year. The property features a private full-size dog par, individual yards for many units, and ample parking.

Last Agent to Sell the Property

Mathew Quackenbush

Westlake Associates, Inc. License #126854 Listed on: 10/14/2019

Co-Listed By

Peter Hiatt

Westlake Associates, Inc. License #3015

Last Buyer's Agent

Curran Hagstrom

Westlake Associates, Inc. License #103072

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1531365

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,664

Year Built

  • Built in 1959

Lot Details

  • 0.92 Acre Lot

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 21,469 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 33 Parking Spaces
  • Open Parking

Community Details

  • Bellevue Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0666000190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$53,664

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 21469
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 9
  • Carport Y N: No
  • Open Parking Spaces: 24
  • Open Parking: Yes
  • Total Parking Spaces: 33
  • ParkingUncoveredSpaces: 24

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 31296

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellevue

Lot Info

  • Parcel Number: 0666000190
  • Lot Size Acres: 0.92
  • Lot Size Sq Ft: 40074
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 34855

Multi Family

  • Gross Scheduled Income: 418265
  • Net Operating Income: 242200
  • Number Of Units Total: 23
  • Insurance Expense: 5948
  • Leasable Area: 20050
  • UnitsInBuildingTotal: 23
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 53664

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
12/24/2019 12/24/19 Sold $8,000,000 +6.7% $373 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $7,500,000 -- $349 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mathew Quackenbush

    Westlake Associates, Inc.

    Section Image
  • Peter Hiatt

    Seller Co-Listing Agent in 2019

    Peter Hiatt

    Westlake Associates, Inc.

    (206) 505-9416

    3 Total Sales

    Peter Hiatt
    Section Image
  • Curran Hagstrom

    Buyer's Agent in 2019

    Curran Hagstrom

    Westlake Associates, Inc.

    (206) 505-9416

    9 Total Sales

    Curran Hagstrom
    Section Image

  • C

    Buyer Co-Listing Agent in 2019

    Collin Hagstrom

    Westlake Associates, Inc.

    (206) 505-9400

    10 Total Sales

    Collin Hagstrom
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1531365

Northwest Multiple Listing Service (NWMLS)
Washington King County Bellevue 98004 Southwest Bellevue

545 Bellevue Way SE, Bellevue, WA

This home is located at 545 Bellevue Way SE, Bellevue, WA 98004 since 14 October 2019. This property was built in 1959. 545 Bellevue Way SE is a home located in King County with nearby schools including Enatai Elementary School, Chinook Middle School, and Bellevue High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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