Listed by Redfin, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

7878 120th Ave SE Newcastle, WA 98056

Estimated Value: $1,931,000 - $2,371,000

5 Beds
3 Baths
3,086 Sq Ft
$713/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $2,200,000 $713 Per Sq Ft

Current estimated payment $13,243/month

84 Days on Market

Highlights

  • New Construction
  • Lake View
  • Wooded Lot
  • Hazelwood Elementary School Rated 10
  • Deck
  • 2 Fireplaces

About This Home

As of January 2023

Generous builder incentive to buy-down rate, put towards closing costs and add extras. Unique opportunity for New Construction with amazing sunset views! Lot 2 is now completed and features a light & bright color palette. Located on the edge of Lake Washington Crest, Terrace at View Ridge backs to a green belt for ultimate privacy and enjoys proximity to a much-loved neighborhood close to restaurants, shops, library & golf course. Thoughtfully designed, these smart floorplans include bedroom/bath on main and upper primary suite. Luxurious finishes include Bertazonni & Liebherr appliances, Moen faucets, slab quartz, A/C, EV charger & upgraded windows/garage doors. Great location for commuting & airport. Don’t miss this amazing opportunity!

Last Agent to Sell the Property

Dianne Masaoka

Redfin License #120677 Listed on: 10/21/2022

Redfin

Co-Listed By

Renee Vanous

Windermere Real Estate/East License #95694

Last Buyer's Agent

Lynn Downing

John L. Scott, Inc. License #106971

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2010369

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,177

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • City
  • Mountain
  • Territorial
  • Limited

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 3,086 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Hultquist Homes Inc.
  • Lk Washington Crest Subdivision
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 4104910221

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,177

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Terrace at View Ridge
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3086
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-12-29
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: High Efficiency - 90%+, Central A/C, Forced Air, Heat Pump, Tankless Water Heater, Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, High Tech Cabling, Sprinkler System, Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 3086
  • Main Level Bedrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3086
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Partial, See Remarks, Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Hultquist Homes Inc.
  • Exterior Features: Cement Planked, Wood
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • HeatingCoolingType: 90%+ High Efficiency,Central A/C,Forced Air,Heat Pump,Radiant,Tankless Water Heater
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Coal Creek
  • WaterCompany: Coal Creek
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Renton
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4104910221
  • Topography: Level,PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.2963
  • Lot Size Sq Ft: 12906
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: King County Records
  • MLSSquareFootageSource: Builder Plans
  • ZoningJurisdiction: City
  • LotNumber: 2

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 30, 2023
Sold by
Hultquist Homes Inc
Bought by
Morrison Kevin and Morrison Jayme
Seller's Agent
Dianne Masaoka
Redfin
Buyer's Agent
Lynn Downing
John L. Scott, Inc.
List Price
$2,295,000
Sold Price
$2,200,000
Premium/Discount to List
-$95,000
-4.14%
Views
39
Current Estimated Value
$2,201,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,423
Avg. Annual Appreciation
0.74%
Original Mortgage
$730,000
Outstanding Balance
$706,452
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,536,792

Purchase Details

Closed on
Dec 26, 2019
Sold by
Icap Brislawn Llc
Bought by
Hultquist 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
$958,000
Interest Rate
3.7%
Mortgage Type
Commercial
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
Morrison Kevin $2,200,000 Chicago Title
Hultquist Homes Inc $1,380,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Kevin $730,000
Previous Owner Hultquist Homes Inc $1,205,000
Previous Owner Hultquist Homes Inc $952,500
Previous Owner Hultquist Homes Inc $958,000
Previous Owner Hultquist Homes Inc $958,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $2,200,000 -4.1% $713 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $2,295,000 +4.3% $744 / Sq Ft
12/20/2022 12/20/22 Off Market $2,200,000 -- --
12/02/2022 12/02/22 Price Changed $2,295,000 -8.0% $744 / Sq Ft
10/21/2022 10/21/22 For Sale $2,495,000 -- $808 / 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 $18,177 $1,965,000 $697,000 $1,268,000
2023 $10,724 $1,655,000 $589,000 $1,066,000
2022 $5,526 $1,223,000 $715,000 $508,000
2021 $3,920 $538,000 $538,000 $0
2020 $3,828 $364,000 $364,000 $0
2018 -- $145,400 $145,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2010369

Northwest Multiple Listing Service (NWMLS)

APN: 410491-0221