Listed by KW Lake Washington So, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

5505 Lakemont Blvd SE Unit 302 Bellevue, WA 98006

Cougar Mountain Neighborhood

Estimated Value: $836,000 - $928,000

2 Beds
2.5 Baths
1,670 Sq Ft
$530/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $810,000 $485 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,036/month

83 Days on Market

Highlights

  • Property is near public transit
  • Secluded Lot
  • Balcony
  • Cougar Ridge Elementary School Rated A
  • Ground Level Unit
  • 4-minute walk to Lewis Creek Picnic Area

About This Home

As of May 2023

Wonderful townhome in an unbeatable location! Two bedroom, bonus area, 2.5 bath home in the desirable Lakemont area. Close to parks, picnic area, grocery, restaurants and the hiking trails on Cougar Mt. The home features 2 br,, 2.5 bath plus upstairs bonus area, full size washer & dryer, single car garage and 2 parking spaces in the driveway. The kitchen has black and s/s appliances, new range/oven Wi-Fi controls. Center island opens to a large living room and dining area with gas fireplace. Two sliding patio doors lead to a tranquil patio overlooking an open space. Easy access to I90 and nearby Newcastle also offers golf and many other restaurant and shopping opportunities. This development is in the award winning Issaquah School District.

Last Agent to Sell the Property

Stephen Otto

KW Lake Washington So License #23967 Listed on: 01/19/2023

KW Lake Washington So

Co-Listed By

Kurt Nystrand

Keller Williams Rlty Bellevue License #81907

Last Buyer's Agent

Diana Tang

Skyline Properties, Inc. License #113687

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2029183

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 2001

Lot Details

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

HOA Fees

  • $654 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,670 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Cougar Ridge Elementary School
  • Issaquah Mid Middle School
  • Gibson Ek High School

Utilities

  • Water Heater

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 7566000110

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, snow removal, water
  • Satomi Condos
  • Cougar Mountain Subdivision
  • Park Phone (425) 454-6404 | Manager Trestle Community Management

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,342

Year Built

Built in 2001

Lot Details

0

HOA Fees

$654 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2001
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Satomi
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1670
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath,Sprinkler System,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,077

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage
  • WindowCoverings: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Paved, Secluded, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood Products
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Park Manager Name: Trestle Community Management
  • Park Manager Phone: 425-454-6404
  • Senior Community: No
  • Association Fee: 654
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Water

Schools

  • Junior High Dist: Issaquah
  • High School: Gibson Ek
  • Middle Or Junior School: Issaquah Mid

Lot Info

  • Parcel Number: 7566000110
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5342

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Cougar Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
May 5, 2023
Sold by
Maly Leilehua and Maly Crystal
Bought by
Wu Tong
Seller's Agent
Stephen Otto
KW Lake Washington So
Buyer's Agent
Diana Tang
Skyline Properties, Inc.
List Price
$845,000
Sold Price
$810,000
Premium/Discount to List
-$35,000
-4.14%
Views
164
Current Estimated Value
$885,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,310
Avg. Annual Appreciation
3.94%
Original Mortgage
$607,500
Outstanding Balance
$591,699
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$293,611

Purchase Details

Closed on
May 23, 2013
Sold by
Maly Crystal and Mally Leilehua
Bought by
Maly Leilehua and Maly Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Collande Constantin Von Mitschke and Collande Molly Von Mitschke
Bought by
Kaneshiro Crystal and Maly Leilehua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 20, 2004
Sold by
Armfield Stephen A
Bought by
Collande Constantin Von Mitschke and Collande Molly Von Mitschke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2002
Sold by
Satomi Llc
Bought by
Armfield Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,700
Interest Rate
5%
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
Wu Tong $810,000 Stewart Title
Maly Leilehua -- Ticor Title
Kaneshiro Crystal $415,000 Chicago Title
Collande Constantin Von Mitschke $334,000 Chicago Title Insurance Co
Armfield Stephen A $305,900 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Tong $607,500
Previous Owner Maly Leilehua $269,300
Previous Owner Maly Crystal $300,000
Previous Owner Maly Leilehua $305,000
Previous Owner Kaneshiro Crystal $41,500
Previous Owner Kaneshiro Crystal $332,000
Previous Owner Collande Constantin Von Mitschke $267,200
Previous Owner Armfield Stephen A $244,700
Closed Armfield Stephen A $45,850
Closed Collande Constantin Von Mitschke $50,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $810,000 -4.1% $485 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $845,000 -- $506 / 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 $6,695 $785,000 $68,300 $716,700
2023 $5,575 $886,000 $68,300 $817,700
2022 $5,342 $713,000 $68,300 $644,700
2021 $5,768 $577,000 $63,100 $513,900
2020 $5,940 $582,000 $63,100 $518,900
2018 $4,654 $582,000 $58,900 $523,100
2017 $4,083 $455,000 $58,900 $396,100
2016 $3,638 $413,000 $58,900 $354,100
2015 $3,806 $372,000 $58,900 $313,100
2014 -- $384,000 $57,800 $326,200
2013 -- $264,000 $52,600 $211,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2029183

Northwest Multiple Listing Service (NWMLS)

APN: 756600-0110