Seller's Agent in 2025
Bob Lee
Better Properties-Metro
(206) 914-6988
1 in this area
86 Total Sales
Listed by Better Properties - Metro
74 Cascade Key Bellevue, WA 98006
Factoria Neighborhood
4
Beds
4
Baths
5,570
Sq Ft
1.45
Acres
Highlights
- 115 Feet of Waterfront
- Docks
- Lake View
- Newport Heights Elementary School Rated A
- Second Kitchen
- 1.45 Acre Lot
About This Home
As of March 2025Welcome to this timeless waterfront home in the coveted Newport Shores neighborhood. This 5,500+ sq ft. residence boasts 115 feet of pristine waterfront with stunning panoramic views. Inside, enjoy a private master suite with garden access, two expansive offices (one with a separate entrance, perfect for professional use or privacy), and two fully-equipped kitchens. Open great room and dining room are perfect for entertaining or everday living. Outside, a luxurious pool, private dock, cabana, and gazebo provide serene waterfront living. Just minutes from DT Bellevue and within the top-rated Bellevue School District. Enjoy the community access to the Newport Shores yacht club. Don't miss this opportunity and schedule a private showing today!
Last Agent to Sell the Property
Better Properties - Metro License #22079 Listed on: 11/14/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2308206
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,144
Year Built
- Built in 1963
Lot Details
- 1.45 Acre Lot
- 115 Feet of Waterfront
- Street terminates at a dead end
- Dog Run
- Gated Home
- Property is Fully Fenced
- Level Lot
- Sprinkler System
- Garden
- Property is in good condition
HOA Fees
- $114 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Lake
- Territorial
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Poured Concrete
- Tile Roof
Interior Spaces
- 5,570 Sq Ft Home
- 2-Story Property
- Skylights
- 5 Fireplaces
- Gas Fireplace
- French Doors
- Dining Room
- Home Security System
Kitchen
- Second Kitchen
- Double Oven
- Stove
- Microwave
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Bulkhead
- Docks
- Patio
- Gazebo
- Outbuilding
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Newport Heights Elementary School
- Tyee Mid Middle School
- Newport Snr High School
Utilities
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Generator Hookup
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Newport Shores Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number 6072800055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
Mar 17, 2025
Sold by
Yang Qiang
Bought by
Li Zhenjie and Wu Moon Yanci
Seller's Agent
Bob Lee
Better Properties - Metro
Buyer's Agent
Boris Lee
Gravity Realty
List Price
$8,900,000
Sold Price
$8,100,000
Premium/Discount to List
-$800,000
-8.99%
Views
239
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,995
Avg. Annual Appreciation
-0.28%
Original Mortgage
$4,050,000
Outstanding Balance
$4,027,214
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$4,060,791
Purchase Details
Closed on
Oct 23, 2024
Sold by
Tianju Estate Llc
Bought by
Yang Qiang
Purchase Details
Closed on
Apr 18, 2024
Sold by
Yang Qiang and Dong Jianguo
Bought by
Yang Qiang and Dong Jianguo
Purchase Details
Listed on
May 1, 2013
Closed on
Jan 9, 2014
Sold by
Ludwig John H and Ludwig Cristi C
Bought by
Yang Qiang and Dong Jianguo
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Bob Lee
Better Properties - Metro
List Price
$3,999,900
Sold Price
$3,550,000
Premium/Discount to List
-$449,900
-11.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$2,300,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 22, 1996
Sold by
Israel Allen D
Bought by
Ludwig John H and Ludwig Cristi C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $8,100,000 | First American Title Insurance | |
| Bargain Sale Deed | $313 | None Listed On Document | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Bargain Sale Deed | $313 | None Listed On Document | |
| Warranty Deed | $3,550,000 | Chicago Title | |
| Warranty Deed | $1,606,724 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,050,000 | New Conventional | |
| Previous Owner | $2,300,000 | Purchase Money Mortgage | |
| Previous Owner | $800,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $8,100,000 | -9.0% | $1,454 / Sq Ft | |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- | |
| 11/14/2024 11/14/24 | For Sale | $8,900,000 | +150.7% | $1,598 / Sq Ft | |
| 01/15/2014 01/15/14 | Sold | $3,550,000 | 0.0% | $637 / Sq Ft | View Prior Sale |
| 12/09/2013 12/09/13 | Pending | -- | -- | -- | |
| 09/03/2013 09/03/13 | Off Market | $3,550,000 | -- | -- | |
| 05/01/2013 05/01/13 | For Sale | $3,999,900 | -- | $718 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $64,086 | $8,745,000 | $4,807,000 | $3,938,000 |
| 2023 | $66,922 | $7,718,000 | $4,236,000 | $3,482,000 |
| 2022 | $52,927 | $9,463,000 | $5,198,000 | $4,265,000 |
| 2021 | $51,626 | $6,452,000 | $3,909,000 | $2,543,000 |
| 2020 | $53,920 | $5,834,000 | $3,840,000 | $1,994,000 |
| 2018 | $48,651 | $5,782,000 | $3,417,000 | $2,365,000 |
| 2017 | $37,239 | $5,290,000 | $3,107,000 | $2,183,000 |
| 2016 | $33,692 | $4,269,000 | $2,508,000 | $1,761,000 |
| 2015 | $34,026 | $3,834,000 | $2,260,000 | $1,574,000 |
| 2014 | -- | $3,834,000 | $2,260,000 | $1,574,000 |
| 2013 | -- | $3,834,000 | $2,260,000 | $1,574,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Lee
-
Keri Lin
K
Seller Co-Listing Agent in 2025
Keri Lin
Better Properties-Metro
(425) 395-6780
3 in this area
12 Total Sales
-
Boris Lee
B
Buyer's Agent in 2025
Boris Lee
Gravity Realty
(206) 669-6111
1 in this area
6 Total Sales
-
Tere Foster
Seller's Agent in 2014
Tere Foster
COMPASS
(425) 637-8373
3 in this area
394 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2308206
APN: 607280-0055
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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