Listed by COMPASS, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

5557 Lakemont Blvd SE Unit 1201 Bellevue, WA 98006

Cougar Mountain Neighborhood

Estimated Value: $930,000 - $1,094,000

2 Beds
2.5 Baths
2,000 Sq Ft
$500/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,030,000 $515 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,559/month

Highlights

  • Property is near public transit
  • End Unit
  • Soaking Tub
  • Cougar Ridge Elementary School Rated A
  • Balcony
  • Walk-In Closet

About This Home

As of August 2022

Highly desirable corner townhome surrounded by PNW beauty! Appreciate native scenery through picture windows streaming natural light. 2022 Upgrades w/ Luxury Vinyl Plank Flooring, Sophisticated Bathroom Updates & Full Kitchen Remodel w/ slab quartz, SS appliances, focal backsplash & modern cabinetry. Presented for entertaining, thoughtful layout features Great Room w/ cozy gas fireplace & generously sized Dining leading to private terrace perfect for al fresco gatherings. Retreat to the Primary Suite w/ double door entry, expansive en suite bath and walk-in closet. Upper secondary bedroom, laundry, and office/study loft. Recreation level offers flex space for dedicated office, hobby center, exercise, media room! Individual two car garage.

Last Agent to Sell the Property

Mark von der Burg

COMPASS License #38387 Listed on: 07/13/2022

COMPASS

Co-Listed By

Joseph Meisenheimer

COMPASS License #87153

Last Buyer's Agent

Lucas Wang

Keller Williams Rlty Bellevue License #22020624

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1967237

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,127

Year Built

  • Built in 2001

Lot Details

  • End Unit
  • Street terminates at a dead end

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Split Foyer
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Parking

  • 4 Car Garage
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Cougar Ridge Elementary School
  • Cougarmountainmiddle School
  • Issaquah High School

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7566000500

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, snow removal, water
  • 85 Units
  • Gardenia Banks Association
  • Satomi Condominium Condos
  • Lakemont Subdivision

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,127

Year Built

Built in 2001

Lot Details

0

HOA Fees

$600 per month

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
  • Building Name: Satomi Condominium
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2000
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 8
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Jetted/Soaking Tub,Primary Bath,Walk-in Closet
  • Special Features: None

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
  • Entry Location: Split
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Stories: 3
  • 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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Off Street
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Natural Gas Connected, Common Area Maintenance, Road Maintenance, Snow Removal
  • HeatingCoolingType: Forced Air
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas Tank

Condo/Co-op/Association

  • Community Features: Playground
  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Gardenia Banks
  • CoOp: false
  • CommonPropertyFeatures: Playground

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: Issaquah High
  • Middle Or Junior School: CougarMountainMiddle

Lot Info

  • Parcel Number: 7566000500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: King County

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6127

Multi Family

  • Number Of Units In Community: 85
  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Cougar Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 16, 2022
Sold by
Hsiang Hsu Feng and Hsiang Syan-Jyun
Bought by
Liao Ting and Shi Xiangyang
Seller's Agent
Mark von der Burg
COMPASS
Buyer's Agent
Lucas Wang
Keller Williams Rlty Bellevue
List Price
$988,900
Sold Price
$1,030,000
Premium/Discount to List
$41,100
4.16%
Current Estimated Value
$1,000,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,407
Avg. Annual Appreciation
-0.92%
Original Mortgage
$772,500
Outstanding Balance
$728,748
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$271,845

Purchase Details

Closed on
Sep 4, 2012
Sold by
Greene Ron B and Greene Ronald B
Bought by
Hsu Feng Hsiang and Hsu Syan Jyun Tsou

Purchase Details

Closed on
Apr 5, 2012
Sold by
Green Lisa Mundahl
Bought by
Greene Ronald B

Purchase Details

Closed on
Jan 18, 2008
Sold by
Greene Ron B
Bought by
Greene Ron B and Greene Lisa Mundahl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Satomi Llc
Bought by
Greene Ron B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,950
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Satomi Llc
Bought by
Cho Irwin and Cho Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,950
Interest Rate
6.37%
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
Liao Ting $1,030,000 Chicago Title
Hsu Feng Hsiang $365,000 Wfg National T
Greene Ronald B -- Accommodation
Greene Ronald B -- Accommodation
Greene Ron B -- Accommodation
Greene Ron B $349,990 Washington Tit
Cho Irwin $294,990 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liao Ting $772,500
Previous Owner Greene Ron B $416,000
Previous Owner Greene Ron B $52,000
Previous Owner Greene Ron $364,000
Previous Owner Greene Ronald B $150,000
Previous Owner Greene Ron B $279,950
Previous Owner Cho Irwin $204,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $1,030,000 +4.2% $515 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $988,900 +170.9% $494 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
06/23/2012 06/23/12 Sold $365,000 0.0% $183 / Sq Ft View Prior Sale
06/17/2012 06/17/12 For Sale $365,000 -- $183 / 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 -- $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: 1967237

Northwest Multiple Listing Service (NWMLS)

APN: 756600-0500