NOT LISTED FOR SALE

Estimated Value: $2,444,000 - $3,176,000

5 Beds
3.5 Baths
5,210 Sq Ft
$542/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $2,498,000 $479 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $17,407/month

13 Days on Market

Highlights

  • Mountain View
  • Deck
  • Traditional Architecture
  • Cougar Ridge Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of July 2022

Welcome home to Lakemont! Perched high on Cougar Mountain, this highly desirable, open floor plan features a gorgeous spiral staircase that acts as the centerpiece to light and bright spaces that boast all the amenities and convenience of luxurious living! Spacious great room with expansive ceilings, Brazilian cherry hardwood floors, custom chef’s kitchen with premium SS appliances, 3 car tandem garage, whole house audio, A/C and more...this home literally has it all! Borders private greenbelt with trail to Lakemont Village, award winning public and private schools, hiking trails, world class golf, and westerly views of the Olympics! Minutes to Downtown Bellevue, Seattle, and Issaquah! If lifestyle is what you are looking for, this is it!

Last Listed By

Nate Short

Coldwell Banker Bain License #25228 Listed on: 05/24/2022

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1939287

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,344

Year Built

  • Built in 2007

Lot Details

  • 9,693 Sq Ft Lot
  • Street terminates at a dead end
  • East Facing Home
  • Dog Run
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition
  • Zoning described as R3.5

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 5,210 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 3 Fireplaces
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2424059162

Community Details

Overview

  • No Home Owners Association
  • Built by TEC
  • Lakemont Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,344

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2007
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 5210
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,084

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Central A/C, Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, High Tech Cabling, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Pantry, Water Heater
  • Living Area: 5210
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 5210
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: TEC
  • Direction Faces: East
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Central A/C,Forced Air
  • PowerCompany: PSE
  • SewerCompany: City of Bellevue
  • WaterCompany: City of Bellevue
  • WaterHeaterLocation: Lower Level
  • WaterHeaterType: Tankless-Gas
  • CableConnected: xFinity
  • InternetConnected: XFinity

Condo/Co-op/Association

  • Community Features: Trail(s)
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 2424059162
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2225
  • Lot Size Sq Ft: 9693
  • Zoning Description: R3.5
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 15344

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Cougar Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 29, 2022
Sold by
Prescott and Krista
Bought by
Phung Hong and Phung Shirley
Seller's Agent
Nate Short
Coldwell Banker Bain
Buyer's Agent
Christopher Spang
Rennie Group
List Price
$2,498,000
Sold Price
$2,498,000
Total Days on Market
13
Current Estimated Value
$2,822,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,733
Avg. Annual Appreciation
2.71%
Original Mortgage
$1,523,780
Outstanding Balance
$1,460,144
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$1,236,460

Purchase Details

Closed on
Nov 15, 2007
Sold by
Tec Homes Inc
Bought by
Prescott John and Prescott Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,250
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Mull Development Co
Bought by
Tec Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
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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
Phung Hong $2,498,000 Ticor Title
Prescott John $1,247,000 Stewart Title
Tec Homes Inc $3,500,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phung Hong $1,523,780
Previous Owner Prescott John $939,000
Previous Owner Prescott John $935,250
Previous Owner Tec Homes Inc $990,000
Previous Owner Mull Development Co $153,800
Previous Owner Mull Development Co $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $2,498,000 0.0% $479 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $2,498,000 -- $479 / 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 $19,283 $2,265,000 $615,000 $1,650,000
2023 $17,064 $1,931,000 $526,000 $1,405,000
2022 $17,090 $2,371,000 $648,000 $1,723,000
2021 $15,344 $1,850,000 $569,000 $1,281,000
2020 $15,446 $1,551,000 $487,000 $1,064,000
2018 $14,141 $1,574,000 $500,000 $1,074,000
2017 $12,223 $1,385,000 $437,000 $948,000
2016 $10,938 $1,239,000 $405,000 $834,000
2015 $10,060 $1,121,000 $309,000 $812,000
2014 -- $1,017,000 $280,000 $737,000
2013 -- $872,000 $255,000 $617,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1939287

Northwest Multiple Listing Service (NWMLS)

APN: 242405-9162