Listed by Real Residential, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

5557 Lakemont Blvd SE Unit 1202 Bellevue, WA 98006

Cougar Mountain Neighborhood

Estimated Value: $820,000 - $836,391

2 Beds
2.5 Baths
1,460 Sq Ft
$567/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $600,000 $411 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,564/month

3 Days on Market

Highlights

  • 9.82 Acre Lot
  • Contemporary Architecture
  • Vaulted Ceiling
  • Cougar Ridge Elementary School Rated A
  • Territorial View
  • Wood Flooring

About This Home

As of September 2020

Don’t miss this beautifully remodeled, spacious & light-filled 2BR townhome in desirable Lakemont. Highlights include a large island kitchen w/ new quartz counters & stainless steel appliances, private patio fronting to greenbelt, generous master bedroom w/ vaulted ceiling & ample closet space, ensuite bath w/ new quartz counters, plumbing fixtures & tile, plus new carpet & paint throughout. Near parks & trails, w/ easy access to I-90. Award winning schools. No rental cap. Welcome home!

Last Agent to Sell the Property

Jason Foss

Real Residential License #644 Listed on: 08/06/2020

Co-Listed By

Nick Glant

Real Residential License #49843

Last Buyer's Agent

Shahrzad Barouti

Skyline Properties, Inc. License #132070

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1641337

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,745

Year Built

  • Built in 2001

Lot Details

  • 10

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,460 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Insulated Windows
  • Blinds
  • Territorial Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7566000510

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, snow removal, water/sewer
  • 85 Units
  • Satomi Condos
  • Lakemont Subdivision
  • Park Phone (425) 880-3843 | Manager Loralynn Helm

Recreation

  • Sport Court
  • Community Playground
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,745

Year Built

Built in 2001

Lot Details

0

HOA Fees

$472 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2001
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Satomi
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1460
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Skylights,Vaulted Ceilings,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 30

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Lower
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Cooking-Electric, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Stories: 3
  • 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,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garage
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Structure Type: Townhouse
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Natural Gas Connected, Snow Removal, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Outside Entry, Playground, Trail(s)
  • Park Manager Name: Loralynn Helm
  • Park Manager Phone: 425-880-3843
  • Association Fee: 472
  • Association Fee Frequency: Monthly
  • CommonPropertyFeatures: Athletic Court,Cable TV,Outside Entry,Playground,Trails

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 7566000510
  • Lot Size Acres: 9.8196
  • Lot Size Sq Ft: 427743
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Public Records

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5745

Multi Family

  • Number Of Units In Community: 85
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Cougar Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 4, 2020
Sold by
Macwan Mikin Sharad and The Macwan Living Trust
Bought by
Lau Jimmy Tinyue
Seller's Agent
Jason Foss
Real Residential
Buyer's Agent
Shahrzad Barouti
Skyline Properties, Inc.
List Price
$599,950
Sold Price
$600,000
Premium/Discount to List
$50
0.008%
Current Estimated Value
$826,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,728
Avg. Annual Appreciation
7.14%
Original Mortgage
$480,000
Outstanding Balance
$430,776
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$410,288

Purchase Details

Closed on
Mar 15, 2019
Sold by
Macwan Mikin Sharad and Macwan Living Trust
Bought by
Macwan Mikin Sharad and Macwan Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2018
Sold by
Macwan Mikin Sharad and Macwan Mikin
Bought by
Macwan Mikin Sharad and Macwan Living Trust

Purchase Details

Closed on
Aug 16, 2013
Sold by
Chinthamani Neelima
Bought by
Macwan Mikin

Purchase Details

Closed on
Oct 16, 2007
Sold by
Cho Irwin and Cho Victor
Bought by
Macwan Mikin and Chinthamani Neelima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Lau Jimmy Tinyue $600,000 First American
Macwan Mikin Sharad -- None Available
Macwan Mikin Sharad -- None Available
Macwan Mikin -- None Available
Macwan Mikin $395,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Jimmy Tinyue $480,000
Previous Owner Macwan Mikin Sharad $360,000
Previous Owner Macwan Mikin $292,500
Previous Owner Macwan Mikin $296,000
Previous Owner Macwan Mikin $316,000
Previous Owner Macwan Mikin $316,000
Previous Owner Cho Victor $75,000
Previous Owner Cho Irwin $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $600,000 0.0% $411 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $599,950 -- $411 / 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 $6,313 $740,000 $64,200 $675,800
2023 $5,069 $823,000 $64,200 $758,800
2022 $4,909 $648,000 $64,200 $583,800
2021 $5,679 $530,000 $59,200 $470,800
2020 $5,746 $573,000 $59,200 $513,800
2018 $4,368 $551,000 $55,300 $495,700
2017 $3,974 $427,000 $55,300 $371,700
2016 $3,648 $402,000 $55,300 $346,700
2015 $3,885 $373,000 $55,300 $317,700
2014 -- $392,000 $54,300 $337,700
2013 -- $277,000 $49,400 $227,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1641337

Northwest Multiple Listing Service (NWMLS)

APN: 756600-0510