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4501 140th Avenue Southeast

4501 140th Avenue Southeast, Bellevue, WA 98006
Property in Somerset
Sold Oct 22, 2020
$2,000,000
$1,197,245 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2050
Sold Mar 31, 2014
$1,135,000
4501 140th Avenue Southeast has been categorized by the local assessors in Bellevue, WA as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4501 140th Avenue Southeast has 2,940 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 1,020 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,050 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 700 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 4501 140th Avenue Southeast sold most recently in Oct 15, 2020 for a total of $2,000,000. If you work out the math, that's approximately a cost of $549.45 per sqft. Before that, the property was also sold for $1,135,000 in Mar 25, 2014. 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 $16,886 in taxes each year. 4501 140th Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,160,000. If we break it down further, the land itself was valued at $1,478,000. Improvements to the property, however, were assessed at a total of $682,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,020
  • Garage Type: Attached
  • Garage Square Area: 700
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,050
  • Total Building Area: 3,640
  • Gross Building Area: 3,640
  • Building Area: 2,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,940
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOMERSET NO. 04
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOMERSET # 4

Ownership

  • Current Owner : JHANWAR MONTU K
  • Current Owner 2: JHANWAR RAJ
  • Previous Owner : WANG YUFENG
  • Previous Owner 2: ZHANG YE
  • Owner Before Previous Owner: COMIN JAMES DALE
  • Owner Before Previous Owner 2: COMIN DANA MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bellevue School District
  • Census Tract: 024901

Zoning

  • Zoning: R-3.5

Geography

  • Account Number: 785540064009
  • District: BELLEVUE
  • Parcel: 785540-0640
  • Lot: 136
  • Meridian: SEC 15 TWN 24 RNG 05
  • Municipality: BELLEVUE
  • Latitude: 47.565
  • Longitude: -122.155

    Address

  • Full Address: 4501 140th Ave Se
  • Address - House Number: 4501
  • Street Segment Direction: SE
  • Address - Street Name: 140th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Bellevue
  • Carrier Code: C068
  • 4-Digit Zip Code: 2339
  • Zip Code: 98006

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $16,886
  • Tax Rate Code Area: 0330

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 83
  • Final Value: 2,640,714
  • High Value: 3,017,600
  • Low Value: 2,263,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,197,245
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,197,245
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $2,160,000
  • Market Land Value: $1,478,000
  • Market Improvement Value: $682,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,160,000
  • Assessed Land Value: $1,478,000
  • Assessed Improvements Value: $682,000

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11794721778
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201022001913
  • Previous Sale Recording Date: Mar 31, 2014
  • Previous Sale Contract Date: Mar 25, 2014
  • Previous Sale Amount: $1,135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $1,197,245
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Factoria



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4206 144th Lane Southeast, Bellevue, WA 98006

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Frequently Asked Questions

What neighborhood is 4501 140th Avenue Southeast located in?
The 4501 140th Avenue Southeast is a located in the neighborhood of Somerset in Factoria, Bellevue.
What is the average sales price for listings in 4501 140th Avenue Southeast?
The average sales price for units in 4501 140th Avenue Southeast is $0 currently.

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