Listed by Redfin Corp., Bought with Flyhomes
NOT LISTED FOR SALE

5501 Lakemont Blvd SE Unit 1801 Bellevue, WA 98006

Cougar Mountain Neighborhood

Estimated Value: $935,000 - $1,000,776

3 Beds
4 Baths
2,000 Sq Ft
9.82 Acres

Last Sold August 11, 2017

Last sale price $675,000 $338 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,776/month

12 Days on Market

Highlights

  • Territorial View
  • Bamboo Flooring
  • Open Space
  • Cougar Ridge Elementary School Rated A
  • 1 Fireplace
  • 3-minute walk to Lewis Creek Picnic Area

About This Home

As of August 2017

Rare find 3 B/3.5 bath corner town home next to hiking trails & green space. Excellent location close to Lewis Creek park, Starbucks & newly remodeled Town & Country Market. Very close to Cougar Ridge Elementary. Easy access to I 90. New hardwoods, carpet & interior paint. Spacious, open concept floor plan. 2 bedrooms plus loft-style bonus room on the upper level and one bedroom w/full bath on the lower. Master bedroom w/walk in closet & 5-piece bath. 2 car attached garage.

Last Agent to Sell the Property

Marina Pelzel

Redfin Corp. Listed on: 06/30/2017

Last Buyer's Agent

Tushar Garg

Flyhomes License #121462

Flyhomes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1153294

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,844

Year Built

  • Built in 2001

Lot Details

  • Open Space
  • Street terminates at a dead end

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7566000820

Community Details

Overview

  • Lakemont Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,844

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Entrance Level: Lower
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2000

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage
  • Parking Space Number: 1428

Utilities

  • Heating And Cooling: Forced Air

Condo/Co-op/Association

  • HOA Fees: 451
  • Community Name: Lakemont
  • Project: Satomi
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: James Sipe (206) 388-0180
  • Common Property Features: High Speed Int Avail, Outside Entry, Trails
  • Home Owner Dues Included: Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Master Bath, Vaulted Ceilings, Walk-In Closet

Schools

  • Elementary School: Cougar Ridge Elem
  • Middle School: Issaquah Mid
  • High School: Issaquah High
  • School District: ISS

Lot Info

  • Lot Details: Curbs, Dead End Street, Open Space, Paved Street, Sidewalk
  • Lot Sq Ft: 427743
  • Parcel Number: 7566000820

Tax Info

  • Tax Amount: 4842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Aug 10, 2017
Sold by
Hancock John C and Hancock Nicolette
Bought by
Zhang Yanhan
Seller's Agent
Marina Pelzel
Redfin Corp.
Buyer's Agent
Tushar Garg
Flyhomes
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Current Estimated Value
$966,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,194
Avg. Annual Appreciation
4.48%
Original Mortgage
$538,800
Outstanding Balance
$437,447
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$528,747

Purchase Details

Closed on
Sep 25, 2007
Sold by
Chua Thiam Siew and Lum Choi Yee
Bought by
Hancock John C and Hancock Nicolette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 15, 2003
Sold by
Satomi Llc
Bought by
Chua Thiam Siew and Lum Choi Yee
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhang Yanhan $675,000 First American Title Ins Co
Hancock John C $535,000 Rainier Title
Chua Thiam Siew $399,990 Washington Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yanhan $538,800
Previous Owner Hancock John C $43,000
Previous Owner Hancock John C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $675,000 +3.8% $338 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $650,000 -- $325 / 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 $7,844 $920,000 $75,900 $844,100
2023 $6,448 $1,037,000 $75,900 $961,100
2022 $6,127 $825,000 $75,900 $749,100
2021 $6,786 $662,000 $70,000 $592,000
2020 $6,960 $685,000 $70,000 $615,000
2018 $5,460 $682,000 $65,300 $616,700
2017 $4,842 $534,000 $65,300 $468,700
2016 $4,457 $490,000 $65,300 $424,700
2015 $4,696 $456,000 $65,300 $390,700
2014 -- $474,000 $64,200 $409,800
2013 -- $335,000 $58,300 $276,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1153294

Northwest Multiple Listing Service (NWMLS)

APN: 756600-0820