NOT LISTED FOR SALE

5465 Pleasure Point Ln SE Bellevue, WA 98006

Estimated Value: $2,651,000 - $3,445,000

4 Beds
1 Bath
2,288 Sq Ft
$1,374/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $2,222,000 $971 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $19,459/month

Highlights

  • Docks
  • Lake View
  • Deck
  • Newport Heights Elementary School Rated A
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of March 2018

Transport yourself to a year round vacation at water’s edge on Lake Washington. Down the private lane of Pleasure Point this park like setting delights with a brilliant western focus, soaring eagles, and artistic sunsets. A portrait of captivating charm, 1930’s craftsman reimagined & reinvented in 2008 to a beachy Malibu attitude w/a sprawling great room, expansive windows & quality finishes. Outdoor living at its best on an entertainment sized deck, sandy shore & 80’ dock w/covered boat lift.

Last Agent to Sell the Property

Rick Franz

Windermere Real Estate/East License #1956 Listed on: 03/27/2018

Windermere Real Estate/East

Last Buyer's Agent

Tony Marrese

Windermere Real Estate/East License #7757

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1264573

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,726

Year Built

  • Built in 1930

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot

Property Views

  • Lake
  • City
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bathroom

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Finished Basement

Community Details

  • Bellevue Community

Listing and Financial Details

  • Assessor Parcel Number 6828700026

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,726

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Basement: Fully Finished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Estimated Sq Ft: 2288
  • Square Footage Finished: 2288

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Lake, Territorial
  • Waterfront: Bulkhead, Lake, No Bank
  • Waterfront Frontage: 50+-

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 1

Utilities

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

Condo/Co-op/Association

  • Community Name: Bellevue
  • Project: Pleasure Point

Schools

  • Elementary School: Newport Heights Elem
  • Middle School: Tyee Mid
  • High School: Newport Snr High
  • School District: BE

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 10347
  • Lot Topography Vegetation: Level
  • Parcel Number: 6828700026
  • Lot Topography: Level

Tax Info

  • Tax Amount: 13669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
Mar 8, 2018
Sold by
Mitchell Dale H and Mitchell Marla M
Bought by
Park James E and Park Christie L
Seller's Agent
Rick Franz
Windermere Real Estate/East
Buyer's Agent
Tony Marrese
Windermere Real Estate/East
List Price
$2,222,000
Sold Price
$2,222,000
Total Days on Market
0
Current Estimated Value
$3,143,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,879
Avg. Annual Appreciation
4.94%
Original Mortgage
$1,500,000
Outstanding Balance
$1,297,497
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,846,382

Purchase Details

Closed on
Aug 25, 2011
Sold by
Mitchell Dale H
Bought by
Mitchell Dale H and Mitchell Marla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2011
Sold by
Mitchell Marla M
Bought by
Mitchell Dale H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Allen Thomas M and Allen Marlene E
Bought by
Lyons Clark R and Lyons Susan L

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
5.35%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Park James E $2,222,000 Chicago Title
Mitchell Dale H -- Chicago Title
Mitchell Dale H -- Chicago Title
Mitchell Dale H $1,285,000 Chicago Title
Lyons Clark R $799,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park James E $1,500,000
Previous Owner Mitchell Dale H $825,000
Previous Owner Mitchell Dale H $885,000
Previous Owner Lyons Susan L $370,000
Previous Owner Lyons Clark R $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $2,222,000 0.0% $971 / Sq Ft
03/27/2018 03/27/18 For Sale $2,222,000 -- $971 / 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 $21,726 $2,848,000 $2,016,000 $832,000
2023 $20,436 $2,514,000 $1,777,000 $737,000
2022 $18,804 $3,083,000 $2,181,000 $902,000
2021 $17,640 $2,196,000 $1,435,000 $761,000
2020 $18,468 $1,909,000 $1,410,000 $499,000
2018 $16,130 $1,948,000 $983,000 $965,000
2017 $13,669 $1,670,000 $894,000 $776,000
2016 $12,751 $1,481,000 $793,000 $688,000
2015 $11,942 $1,372,000 $735,000 $637,000
2014 -- $1,273,000 $687,000 $586,000
2013 -- $1,128,000 $625,000 $503,000
Source: Public Records

Agents Affiliated with this Home

  • Rick Franz

    Seller's Agent in 2018

    Rick Franz

    Windermere Corporate

    (206) 999-9718

    115 Total Sales

    Rick Franz
    Section Image
  • Tony Marrese

    Buyer's Agent in 2018

    Tony Marrese

    Windermere Corporate

    (206) 799-1472

    219 Total Sales

    Tony Marrese
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1264573

Northwest Multiple Listing Service (NWMLS)

APN: 682870-0026

Washington King County Bellevue 98006

5465 Pleasure Point Ln SE, Bellevue, WA

This home is located at 5465 Pleasure Point Ln SE, Bellevue, WA 98006 since 27 March 2018 and is currently estimated at $3,143,879, approximately $1,374 per square foot. This property was built in 1930. 5465 Pleasure Point Ln SE is a home located in King County with nearby schools including Newport Heights Elementary School, Tyee Middle School, and Newport 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) 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. ©2025 NWMLS.

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