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4925 123rd Place Southeast

4925 123rd Place Southeast, Bellevue, WA 98006
Property in Newport Hills
Sold Dec 28, 2020
$1,124,000
$776,000 by Residential Wholesale Mortgage
Mortgage Due Jan 01, 2051
4925 123rd Place Southeast in Bellevue, WA was first built in 1973 and is 51 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 4925 123rd Place Southeast has 3,290 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,600 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 9,854 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 530 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4925 123rd Place Southeast sold most recently in Dec 17, 2020 for a total of $1,124,000. If you work out the math, that's approximately a cost of $294.24 per sqft. 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 $9,537 in taxes each year. 4925 123rd Place Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,172,000. If we break it down further, the land itself was valued at $657,000. Improvements to the property, however, were assessed at a total of $515,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,600
  • Garage Type: Attached
  • Garage Square Area: 530
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,854
  • Total Building Area: 3,820
  • Gross Building Area: 3,820
  • Building Area: 3,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,290
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWPORT HILLS NO. 14
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEWPORT HILLS # 14

Ownership

  • Current Owner : GU JIONG
  • Previous Owner : BURKLUND MATTHEW
  • Previous Owner 2: BURKLUND DOUGLAS C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bellevue School District
  • Census Tract: 024701

Zoning

  • Zoning: R-5

Geography

  • Account Number: 607240017006
  • District: BELLEVUE
  • Parcel: 607240-0170
  • Lot: 17
  • Meridian: SEC 21 TWN 24 RNG 05
  • Municipality: BELLEVUE
  • Latitude: 47.5583
  • Longitude: -122.176

    Address

  • Full Address: 4925 123rd Pl Se
  • Address - House Number: 4925
  • Street Segment Direction: SE
  • Address - Street Name: 123rd
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Bellevue
  • Carrier Code: C026
  • 4-Digit Zip Code: 2849
  • Zip Code: 98006

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,537
  • Tax Rate Code Area: 0381

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 83
  • Final Value: 1,442,178
  • High Value: 1,648,007
  • Low Value: 1,236,348

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $776,000
  • First Open Lien Mortgage Lender: RESIDENTIAL WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $776,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $1,172,000
  • Market Land Value: $657,000
  • Market Improvement Value: $515,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,172,000
  • Assessed Land Value: $657,000
  • Assessed Improvements Value: $515,000

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Transaction ID: 11809878259
  • Current Sale Price: $1,124,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201228002116

About Newport Hills



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Frequently Asked Questions

What neighborhood is 4925 123rd Place Southeast located in?
The 4925 123rd Place Southeast is a located in the neighborhood of Newport Hills in Newport Hills, Bellevue.
What is the average sales price for listings in 4925 123rd Place Southeast?
The average sales price for units in 4925 123rd Place Southeast is $0 currently.

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