Listed by COMPASS, Bought with Better Properties - Metro
$3,550,000
SOLD JAN 15, 2014

74 Cascade Key Bellevue, WA 98006

Factoria Neighborhood
4 Beds
5 Baths
5,570 Sq Ft
0.69 Acres

Recently Sold

$637 Per Sq Ft

11% Below List Price

222 Days on Market

About This Home

As of March 2025

Past Meets Present. Placed on .69 of an acre w/115ft of waterfront, a storybook setting awaits. Inspired by the classic style of an East Coast traditional, this residence hosts wonderful spaces. Formal living & dining rooms draw in views of the grounds & waterfront. The expansive kitchen adjoins to the family room. The main level master overlooks the pool & grounds. Upstairs find an office with a view, bathroom & guest room pleasantly separated for privacy. Welcome to life in Newport Shores.

Last Agent to Sell the Property

Tere Foster

COMPASS License #7690 Listed on: 05/01/2013

COMPASS

Last Buyer's Agent

Bob Lee

Better Properties - Metro License #22079

Better Properties - Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM480379

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$64,086

Year Built

1963

Lot Details

0

Listing Details

  • Sq Ft Finished: 5570
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 4
  • Features: Wired for Generator, Bath Off Master, Double Pane/Storm Window, Dining Room, Fireplace in Master Bedroom, French Doors, High Tech Cabling, Loft, Security System, Skylights, Walk In Pantry, Walk-in Closet
  • Fireplaces: 4
  • Floor: Ceramic Tile, Hardwood, Slate, Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Tile
  • Community Features: CCRs
  • Exterior: Brick
  • Foundation: Poured Concrete
  • Lot Details: Curbs, Dead End Street, Paved Street, Sidewalk
  • Pool: In-Ground
  • Roof: Tile
  • Site Features: Cabana/Gazebo, Cable TV, Dock, Dog Run, Full Fence, Natural Gas Available, Gated Entry, High Speed Internet, Outbuildings, Patio, Sprinkler System
  • View: Lake, Territorial
  • Waterfront: Low Bank, Bulkhead, Lake
  • Waterfront Frontage: 115
  • Lot Topography: Garden Space, Level

Garage/Parking

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

Utilities

  • Cooling: Central A/C, Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Central A/C, Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: City of Bellevue
  • Water Company: City of Bellevue
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 75
  • HOA Fee Frequency: Annual

Schools

  • School District: BE
  • Elementary School: Newport Heights Elem
  • Middle School: Tyee Mid
  • High School: Newport Snr High

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
$8,323,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,643
Avg. Annual Appreciation
6.76%
Original Mortgage
$4,050,000
Outstanding Balance
$4,046,253
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$4,279,395

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
7.61%
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%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 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 $3,000,000 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $2,160,000 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 Change Sq Ft Price
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
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

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 $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

    Seller's Agent in 2025

    Bob Lee

    Better Properties-Metro

    (206) 914-6988

    1 in this area

    87 Total Sales

    Bob Lee
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Keri Lin

    Better Properties-Metro

    (425) 395-6780

    3 in this area

    11 Total Sales

    Keri Lin
    Section Image

  • B

    Buyer's Agent in 2025

    Boris Lee

    Gravity Realty

    (206) 669-6111

    1 in this area

    6 Total Sales

    Boris Lee
    Section Image
  • Tere Foster

    Seller's Agent in 2014

    Tere Foster

    COMPASS

    (425) 637-8373

    3 in this area

    405 Total Sales

    Tere Foster
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM480379

Northwest Multiple Listing Service (NWMLS)

APN: 607280-0055

Washington King County Bellevue 98006 Factoria

74 Cascade Key, Bellevue, WA

This home is located at 74 Cascade Key, Bellevue, WA 98006 and is currently priced at $3,550,000, approximately $637 per square foot. This property was built in 1963. 74 Cascade Key is a home located in King County with nearby schools including Newport Heights Elementary School, Tyee Middle School, and Newport High School.

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.

Northwest Multiple Listing Service (NWMLS) 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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