Listed by Kelly Right RE of Seattle LLC, Bought with COMPASS
$450,000
SOLD JAN 12, 2024

12517 NE 23rd Place Unit B4 Bellevue, WA 98005

Bridle Trails Neighborhood
2 Beds
2 Baths
1,128 Sq Ft
$418/mo HOA Fee

Recently Sold

$399 Per Sq Ft

8% Below List Price

Highlights

  • City View
  • Property is near public transit
  • Forced Air Heating and Cooling System
  • Cherry Crest Elementary School Rated A
  • Wood Flooring
  • North Facing Home

About This Home

As of January 2024

Explore this inviting condo nestled in the heart of Bellevue. This residence presents a unique investment opportunity with consistent cash flow and dependable occupants who honor lease commitments. This spacious unit offers a serene ambiance. Step into the welcoming layout featuring a recently remodeled kitchen, ideal for both functionality and modern aesthetics. The master bedroom provides a tranquil escape, complete with a walk-through closet leading to a private bathroom. Brand new washer and dryer. Reliable tenants consistently meet their payment obligations. With ample space accommodating various needs, whether for dining, a home office, this condo provides versatility suited to different lifestyles and investment goals

Last Agent to Sell the Property

Winston Lee

Kelly Right RE of Seattle LLC License #20111875 Listed on: 10/24/2023

Kelly Right RE of Seattle LLC

Last Buyer's Agent

Jianmei Smith

COMPASS License #118345

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2173839

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1979

HOA Fees

  • $418 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 1,128 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • City Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Cherry Crest Elementary School
  • Odle Mid Middle School
  • Sammamish Snr High School

Additional Features

  • North Facing Home
  • Forced Air Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area maintenance, garbage, lawn service, road maintenance, sewer, water
  • 18 Units
  • Cherry Crest Vista Condos
  • Bellevue Subdivision
  • Park Manager: Dan Crawford

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,910

Year Built

Built in 1979

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1979
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cherry Crest Vista
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1128
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2173839?w=Consumer&agent=87894
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood, Cooking-Electric
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Flat
  • View: City
  • View: Yes
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: See Remarks
  • BusRouteNumber: 249,234,235

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 18, 42

Utilities

  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Park Manager Name: Dan Crawford
  • Senior Community: No
  • Association Fee: 418
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • CoOp: false

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bellevue
  • High School: Sammamish Snr High
  • Middle Or Junior School: Odle Mid

Lot Info

  • Parcel Number: 1547110100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2910.28

Multi Family

  • Number Of Units In Community: 18
  • Total Actual Rent: 2300
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Cherry Crest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Jan 8, 2024
Sold by
U-Boats Investment Llc
Bought by
Williams Shunjun
Seller's Agent
Winston Lee
Kelly Right RE of Seattle LLC
Buyer's Agent
Jianmei Smith
COMPASS
List Price
$488,800
Sold Price
$450,000
Premium/Discount to List
-$38,800
-7.94%
Views
159
Current Estimated Value
$514,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,084
Avg. Annual Appreciation
9.72%

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 24, 2017
Sold by
Srinivasan Ananthakumaran and Krishnamurthy Rajeswari
Bought by
U Boats Investment Llc
Seller's Agent
Teresa Parker
eXp Realty
Buyer's Agent
Xiaoyuan He
AgencyOne
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Jun 27, 2015
Sold by
Mcmaster Andrew J and Thom Mcmaster Kristen M
Bought by
Srinivasan Ananthakumaran and Krishnamurthy Rajeswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Mcmaster Andrew J and Thom Mcmaster Kristen M
Bought by
Mcmaster Andrew J and Thom Mcmaster Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,530
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Mcalister Monica J
Bought by
Mcmaster Andrew J and Thom Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,135
Interest Rate
5.05%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 23, 2000
Sold by
Leach Joseph P
Bought by
Mcalister Monica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
7.89%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Unbedacht Allan and Unbedacht Dolores
Bought by
Leach Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,100
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
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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 $450,000 Chicago Title
Warranty Deed $320,000 Old Republic T
Warranty Deed $275,000 Cw Title Co
Interfamily Deed Transfer -- First American
Warranty Deed $195,672 Fidelity Natio
Warranty Deed $128,000 Pacific Northwest Title
Warranty Deed $94,950 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Unknown
Previous Owner $220,000 New Conventional
Previous Owner $188,530 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $35,000 Credit Line Revolving
Previous Owner $197,900 Unknown
Previous Owner $39,135 Stand Alone Second
Previous Owner $156,537 Fannie Mae Freddie Mac
Previous Owner $108,800 No Value Available
Previous Owner $92,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $450,000 -7.9% $399 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $488,800 +8.6% $433 / Sq Ft
12/16/2023 12/16/23 Off Market $450,000 -- --
11/10/2023 11/10/23 Price Changed $488,800 -2.1% $433 / Sq Ft
11/06/2023 11/06/23 For Sale $499,500 +11.0% $443 / Sq Ft
11/03/2023 11/03/23 Off Market $450,000 -- --
10/24/2023 10/24/23 For Sale $499,500 +56.1% $443 / Sq Ft
05/31/2017 05/31/17 Sold $320,000 -3.0% $284 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
04/27/2017 04/27/17 Price Changed $330,000 -4.3% $293 / Sq Ft
04/20/2017 04/20/17 For Sale $345,000 -- $306 / 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 $3,067 $416,000 $113,800 $302,200
2023 $3,728 $475,000 $113,800 $361,200
2022 $2,888 $409,000 $113,800 $295,200
2021 $3,334 $350,000 $103,500 $246,500
2020 $3,325 $375,000 $103,500 $271,500
2018 $2,762 $339,000 $72,400 $266,600
2017 $2,193 $299,000 $62,100 $236,900
2016 $1,954 $250,000 $51,700 $198,300
2015 $1,317 $221,000 $41,400 $179,600
2014 -- $147,000 $41,400 $105,600
2013 -- $125,000 $41,400 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2173839

Northwest Multiple Listing Service (NWMLS)

APN: 154711-0100