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12408 Southeast 4th Place

12408 Southeast 4th Place, Bellevue, WA 98005
Property in Wilburton
Sold May 29, 2020
$1,000,000
$800,000 by Pnc Bank Na
Mortgage Due Jun 01, 2050
Sold Apr 30, 2001
$299,950
$239,950 by Loan City.com
Mortgage Due May 01, 2031
Local assessors in Bellevue, WA have categorized 12408 Southeast 4th Place as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 7,934 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12408 Southeast 4th Place has a total of 1,680 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 500 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12408 Southeast 4th Place sold most recently in May 23, 2020 for a total of $1,000,000. If you work out the math, that's approximately a cost of $448.43 per sqft. Before that, the property was also sold for $299,950 in Apr 18, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,640 in taxes each year. 12408 Southeast 4th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,104,000. If we break it down further, the land itself was valued at $923,000. Improvements to the property, however, were assessed at a total of $181,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 500
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,934
  • Total Building Area: 2,230
  • Gross Building Area: 2,230
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERITAGE LANE NO. 02
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERITAGE LANE # 2 LESS ST PLAT BLOCK: 1 PLAT LOT: 20

Ownership

  • Current Owner : SHANKER MATTHEW T
  • Current Owner 2: SHANKER LEAH M
  • Previous Owner : PIETROMONACO JONNA L
  • Owner Before Previous Owner: LOWELL GREGORY H
  • Owner Before Previous Owner 2: LOWELL CARLYE ANN

Neighborhood

  • School District Name: Bellevue School District
  • Census Tract: 023601

Zoning

  • Zoning: R-4

Geography

  • Account Number: 326010020005
  • District: BELLEVUE
  • Parcel: 326010-0200
  • Block: 1
  • Lot: 20
  • Meridian: SEC 33 TWN 25 RNG 05
  • Municipality: BELLEVUE
  • Latitude: 47.6062
  • Longitude: -122.174

    Address

  • Full Address: 12408 Se 4th Pl
  • Address - House Number: 12408
  • Street Direction: SE
  • Address - Street Name: 4th
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Bellevue
  • Carrier Code: C092
  • 4-Digit Zip Code: 3504
  • Zip Code: 98005

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,640
  • Tax Rate Code Area: 0330

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 1,431,412
  • High Value: 1,661,429
  • Low Value: 1,201,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: May 29, 2020
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $1,104,000
  • Market Land Value: $923,000
  • Market Improvement Value: $181,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,104,000
  • Assessed Land Value: $923,000
  • Assessed Improvements Value: $181,000

    Sales

  • Current Sale Contract Date: May 23, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Transaction ID: 11763021600
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200529001292
  • Previous Sale Recording Date: Apr 30, 2001
  • Previous Sale Contract Date: Apr 18, 2001
  • Previous Sale Amount: $299,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: May 29, 2020
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LOAN CITY.COM
  • Previous Mortgage Transaction Date: Apr 30, 2001
  • Previous Mortgage Loan Amount: $239,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: May 01, 2031

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Frequently Asked Questions

What neighborhood is 12408 Southeast 4th Place located in?
The 12408 Southeast 4th Place is a located in the neighborhood of Wilburton in Wilburton - NE 8th St, Bellevue.
What is the average sales price for listings in 12408 Southeast 4th Place?
The average sales price for units in 12408 Southeast 4th Place is $0 currently.

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