Listed by Seattle Works Real Estate, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

5501 Lakemont Blvd SE Unit 104 Bellevue, WA 98006

Cougar Mountain Neighborhood

Estimated Value: $618,000 - $770,000

2 Beds
2.5 Baths
1,370 Sq Ft
$527/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $742,500 $542 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,031/month

127 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Balcony
  • Cougar Ridge Elementary School Rated A
  • Sport Court
  • 3-minute walk to Lewis Creek Picnic Area

About This Home

As of April 2024

Exquisite 2 bed 2.5 bath Lakemont townhome backing to a greenbelt. The level entry reveals open-concept living, connecting seamlessly to a private deck. The kitchen, adorned with maple, granite, and tile, overlooks a chic breakfast bar flowing into a spacious living room. Ascend the open-rail staircase to discover upper-level bedrooms, including a primary suite w/ French doors, vaulted ceiling, walk-in closet, and mountain views. The private bath boasts a skylight, adding a touch of luxury. A brand new roof and interior paint, along w/a one-car garage and an extra parking space, this home effortlessly blends convenience and sophistication. Enjoy proximity to Lakemont amenities, parks, I-90, and the upscale shopping of Bellevue and Issaquah.

Last Agent to Sell the Property

Hilary Holmes

Seattle Works Real Estate License #26755 Listed on: 11/15/2023

Last Buyer's Agent

Jon Bye

John L. Scott, Inc License #25593

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2180035

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 2001

Lot Details

  • Street terminates at a dead end
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Uncovered Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,370 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Insulated Windows
  • French Doors

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, sewer, snow removal, water
  • 86 Units
  • Satomi Condos
  • Lakemont Subdivision

Recreation

  • Sport Court
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,851

Year Built

Built in 2001

Lot Details

0

HOA Fees

$627 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2001
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Satomi
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1370
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,French Doors,Insulated Windows,Primary Bath,Skylights,Sprinkler System,Vaulted Ceilings,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2180035?w=Consumer&agent=90703
  • Special Features: VirtualTour
  • Cumulative Days on Market: 630

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Ice Maker, Washer, Fireplace, Water Heater
  • Stories: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Townhouse
  • ViewFrom: See Remarks

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 104

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Fire Sprinklers, High Speed Int Avail, Outside Entry, Trail(s)
  • Senior Community: No
  • Association Fee: 627
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • CommonPropertyFeatures: Athletic Court,Cable TV,Fire Sprinklers,High Speed Int Avail,Outside Entry,Trails

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Sewer, Snow Removal, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Issaquah
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7566000040
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist buyer to verify

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4851

Multi Family

  • Number Of Units In Community: 86
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Apr 9, 2024
Sold by
Lew Catherine H Y
Bought by
Lakemont Condo Llc
Seller's Agent
Hilary Holmes
Seattle Works Real Estate
Buyer's Agent
Jon Bye
John L. Scott, Inc
List Price
$780,000
Sold Price
$742,500
Premium/Discount to List
-$37,500
-4.81%
Views
312
Current Estimated Value
$721,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,957
Avg. Annual Appreciation
-2.05%

Purchase Details

Closed on
Jan 22, 2018
Sold by
Chan Derek W and Stocker Kelly
Bought by
Lew Catherine H Y

Purchase Details

Closed on
Oct 20, 2009
Sold by
Aardal Stephanie L
Bought by
Chan Derek W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2001
Sold by
Satomi Llc
Bought by
Aardal Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Lakemont Condo Llc $742,500 Fidelity National Title
Lew Catherine H Y $539,500 Ticor Title
Chan Derek W $328,500 Commonwealth L
Aardal Stephanie L $257,900 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Derek W $164,000
Previous Owner Chan Derek W $186,500
Previous Owner Chan Derek W $246,000
Previous Owner Aardal Stephanie L $158,000
Previous Owner Aardal Stephanie $50,000
Previous Owner Aardal Stephanie L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $742,500 -3.4% $542 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $769,000 -1.4% $561 / Sq Ft
11/15/2023 11/15/23 For Sale $780,000 -- $569 / 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 $5,658 $663,000 $62,000 $601,000
2023 $4,851 $754,000 $62,000 $692,000
2022 $4,669 $620,000 $62,000 $558,000
2021 $4,918 $504,000 $57,200 $446,800
2020 $5,105 $496,000 $57,200 $438,800
2018 $3,991 $495,000 $53,400 $441,600
2017 $3,521 $390,000 $53,400 $336,600
2016 $3,053 $356,000 $53,400 $302,600
2015 $3,243 $312,000 $53,400 $258,600
2014 -- $327,000 $52,400 $274,600
2013 -- $222,000 $47,600 $174,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2180035

Northwest Multiple Listing Service (NWMLS)

APN: 756600-0040