Listed by Windermere Mercer Island, Bought with COMPASS
NOT LISTED FOR SALE

7717 120th Place SE Newcastle, WA 98056

Estimated Value: $1,782,000 - $2,007,000

4 Beds
3.5 Baths
3,908 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $1,753,000 $449 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,813/month

5 Days on Market

Highlights

  • Lake View
  • 0.6 Acre Lot
  • Wood Burning Stove
  • Hazelwood Elementary School Rated 9+
  • Deck
  • Contemporary Architecture

About This Home

As of October 2023

Perched elegantly overlooking Lake Washington, this 4000sf home offers three levels of luxurious living. Expansive windows frame mesmerizing lake views, infusing each room with natural light. A timeless, formal design connects living, dining, and kitchen spaces while casual rooms offer relaxation and fun. The Chef's kitchen offers gas cooking, massive center working island & window seat. Multiple outdoor areas, including the spacious deck and gardens, amplify the connection to nature. The upper level features a primary suite with new bath. An ideal room count for multi-generational living, work from home or MIL with elevator to age in place. A comfortable & private abode tucked perfectly in Lake Washington Crest. Pre-inspected for you!

Last Agent to Sell the Property

Trish Coy

Windermere Mercer Island License #23018037 Listed on: 09/21/2023

Windermere Mercer Island

Co-Listed By

Rachel Adler

Windermere Mercer Island License #26506

Last Buyer's Agent

Jeff Harrison

COMPASS License #21033800

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2158586

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,642

Year Built

  • Built in 1989

Lot Details

  • 0.6 Acre Lot
  • East Facing Home
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,908 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Hazelwood Elementary School
  • Risdon Middle School
  • Hazen Snr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Mark Schuetz Association
  • Secondary HOA Phone (425) 277-4690
  • Newcastle Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 4104900360

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,642

Year Built

Built in 1989

Lot Details

0

HOA Fees

$6 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1989
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Lake Washington Crest Div
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3908
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 668

Interior Features

  • Fireplaces: 3
  • Basement: Daylight, Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Fireplace, Water Heater
  • Living Area: 3908
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • SquareFootageFinished: 3908
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 1
  • BedroomsUpper: 3
  • FireplacesLower: 1
  • FireplacesUpper: 2
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

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: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Stove/Free Standing, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Coal Creek Utility District
  • WaterCompany: Coal Creek Utility District
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Phone: 425-277-4690
  • Association: Yes
  • AssociationContactName: Mark Schuetz

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Renton
  • High School: Hazen Snr High
  • Middle Or Junior School: Risdon Middle School

Lot Info

  • Parcel Number: 4104900360
  • Topography: Level,PartialSlope,Sloped,SteepSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.6028
  • Lot Size Sq Ft: 26256
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Patio,Sprinkler System
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Architect
  • ZoningJurisdiction: City
  • LotNumber: 36

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 15642

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Hazelwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 23, 2023
Sold by
Qiu Fengheng
Bought by
Wang Mike and Wang Rachel
Seller's Agent
Trish Coy
Windermere Mercer Island
Buyer's Agent
Jeff Harrison
COMPASS
List Price
$1,725,000
Sold Price
$1,753,000
Premium/Discount to List
$28,000
1.62%
Views
64
Current Estimated Value
$1,916,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,312
Avg. Annual Appreciation
4.57%
Original Mortgage
$1,402,400
Outstanding Balance
$1,382,383
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$519,209

Purchase Details

Listed on
Jun 16, 2016
Closed on
Oct 5, 2016
Sold by
Kasper James R and Kasper Sharon L
Bought by
Qiu Fengheng
Seller's Agent
Matthew Winder
Skyline Properties, Inc.
Buyer's Agent
Doron Weisbarth
Weisbarth & Associates
List Price
$1,099,000
Sold Price
$900,000
Premium/Discount to List
-$199,000
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
May 31, 1989
Sold by
Fairchild Oil Corporation
Bought by
Kasper James R and Kasper Sharon L
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
Wang Mike $1,753,000 Cw Title
Qiu Fengheng $900,000 Fidelity Natio
Kasper James R $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Mike $872,379
Open Wang Mike $1,402,400
Previous Owner Kasper James R $35,000
Previous Owner Kasper James R $304,000
Previous Owner Kasper James R $306,225
Previous Owner Kasper Sharon L $300,000
Previous Owner Kasper Sharon L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $1,753,000 +1.6% $449 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,725,000 +91.7% $441 / Sq Ft
10/07/2016 10/07/16 Sold $900,000 -5.2% $230 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
08/03/2016 08/03/16 Price Changed $949,000 -5.1% $243 / Sq Ft
07/11/2016 07/11/16 Price Changed $999,900 -9.0% $256 / Sq Ft
06/16/2016 06/16/16 For Sale $1,099,000 -- $281 / 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 $16,376 $1,727,000 $849,000 $878,000
2023 $14,553 $1,449,000 $717,000 $732,000
2022 $13,412 $1,742,000 $871,000 $871,000
2021 $12,875 $1,276,000 $655,000 $621,000
2020 $12,546 $1,172,000 $461,000 $711,000
2018 $13,404 $1,241,000 $479,000 $762,000
2017 $11,247 $1,089,000 $421,000 $668,000
2016 $10,858 $932,000 $376,000 $556,000
2015 $10,441 $860,000 $355,000 $505,000
2014 -- $867,000 $380,000 $487,000
2013 -- $750,000 $340,000 $410,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2158586

Northwest Multiple Listing Service (NWMLS)

APN: 410490-0360