NOT LISTED FOR SALE

5629 Pleasure Point Ln SE Bellevue, WA 98006

Newport Neighborhood

Estimated Value: $1,904,000 - $7,582,000

3 Beds
2 Baths
2,630 Sq Ft
$2,049/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $2,500,000 $951 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $33,906/month

49 Days on Market

Highlights

  • Docks
  • Lake View
  • Wood Flooring
  • Newport Heights Elementary School Rated A
  • Northwest Architecture
  • 3 Fireplaces

About This Home

As of August 2016

Rare, private South & West facing no-bank Lake Washington Waterfront property w/ ample natural light, high ceilings, open floor plan. Manicured grounds w/ abundant color& foliage. Expansive deck, wraparound view. Very substantial dock w/ boat slip, perfect for lakeside enjoyment. Kitchen w/ top of the line appliances. 3BR/4Bth make for versatile living. Huge two-car garage. Excellent close-in location just south of popular Newcastle Beach. Glistening waters of Lake Washington are all yours!

Last Agent to Sell the Property

Betsy Terry

Ewing & Clark, Inc. License #36346 Listed on: 04/21/2016

Co-Listed By

Jane Powers

Ewing & Clark, Inc. License #9948

Last Buyer's Agent

Star Evans

John L. Scott, Inc. License #44842

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM929208

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,935

Year Built

  • Built in 1957

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 3 Fireplaces
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Bellevue Community

Listing and Financial Details

  • Assessor Parcel Number 2024059066

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,935

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wired For Generator, Bath Off Master, Dining Room, Disabled Access, French Doors, Jetted Tub, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 3.50
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2630
  • Square Footage Finished: 2630

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: Lake
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 85

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Bellevue

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • School District: BE

Lot Info

  • Lot Number: Por lot 3& 2nd Cl Shorelands
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 20448
  • Parcel Number: 2024059066
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 14566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2018
Sold by
Jacobsen Michael and Jacobsen Molly
Bought by
Farinas Vicente and Farinas Jennifer R
Total Days on Market
49
Current Estimated Value
$5,387,909

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jul 27, 2016
Sold by
Pleasure Point Lane 2 Llc
Bought by
Jacobsen Michael and Jacobsen Molly
Seller's Agent
Betsy Terry
Ewing & Clark, Inc.
Buyer's Agent
Star Evans
John L. Scott, Inc.
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Aug 19, 2015
Sold by
Legacy Residential Llc
Bought by
Pleasure Point Lane 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,662,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2008
Sold by
Munson H Carl and Munson Roseann
Bought by
Legacy Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 28, 1998
Sold by
Munson H Carl
Bought by
City Of Bellevue
Source: Public Records

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Range of Values:

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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
Farinas Vicente $4,600,000 Chicago Title
Jacobsen Michael $2,500,000 Chicago Title
Pleasure Point Lane 2 Llc $2,375,000 First American
Legacy Residential Llc $2,350,000 Stewart Title
City Of Bellevue -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pleasure Point Lane 2 Llc $1,662,500
Previous Owner Legacy Residential Llc $15,000,000
Previous Owner Legacy Residential Llc $1,000,000
Previous Owner Munson H Carl $400,000
Previous Owner Munson H Carl $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $2,500,000 +0.2% $951 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $2,495,000 -- $949 / 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 $43,935 $5,762,000 $2,479,000 $3,283,000
2023 $41,316 $5,085,000 $2,185,000 $2,900,000
2022 $38,001 $6,234,000 $2,681,000 $3,553,000
2021 $35,650 $4,440,000 $1,764,000 $2,676,000
2020 $37,321 $3,860,000 $1,733,000 $2,127,000
2018 $21,082 $4,216,000 $1,548,000 $2,668,000
2017 $16,675 $2,183,000 $1,408,000 $775,000
2016 $15,554 $1,807,000 $1,249,000 $558,000
2015 $14,566 $1,674,000 $1,157,000 $517,000
2014 -- $1,553,000 $1,082,000 $471,000
2013 -- $1,376,000 $984,000 $392,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM929208

Northwest Multiple Listing Service (NWMLS)

APN: 202405-9066