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516 131st Avenue Northeast

516 131st Avenue Northeast, Bellevue, WA 98005
Property in Wilburton
Sold Sep 13, 2019
$1,833,000
Sold Oct 22, 1999
$740,500
516 131st Avenue Northeast in Bellevue, WA was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1983. 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 are a total of 3 full bathrooms. There are 5 partial bathrooms. 516 131st Avenue Northeast has 5,510 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 1,610 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 14,000 square feet.

Learn more about the property and building on this page. There is a unknown and 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 740 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 516 131st Avenue Northeast was last sold in Aug 28, 2019 for $1,833,000. According to our calculations, that's $293.28 per sqft. Prior to that sales transaction, the property was sold for $740,500 in Oct 18, 1999. Current property owners are expected to pay $20,970 in taxes per year. The property on 516 131st Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,683,000. To break that down further, the land itself was valued at $1,118,000. While improvements to the property were assessed at a total of $1,565,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,610
  • Garage Type: Attached
  • Garage Square Area: 740
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 6,250
  • Gross Building Area: 6,250
  • Building Area: 5,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 5,510
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRWAYS OF BELLEVUE ADD
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRWAYS TO BELLEVUE ADD

Ownership

  • Current Owner : YU MAO
  • Current Owner 2: QIU JIETING
  • Previous Owner : TANG BING Y
  • Previous Owner 2: TANG SANDIA J
  • Owner Before Previous Owner: TAN JING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-3.5

Geography

  • Account Number: 247210004500
  • District: BELLEVUE
  • Parcel: 247210-0045
  • Lot: 9
  • Meridian: SEC 33 TWN 25 RNG 05
  • Municipality: BELLEVUE
  • Latitude: 47.6148
  • Longitude: -122.165

    Address

  • Full Address: 516 131st Ave Ne
  • Address - House Number: 516
  • Street Segment Direction: NE
  • Address - Street Name: 131st
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Bellevue
  • Carrier Code: C077
  • 4-Digit Zip Code: 3343
  • Zip Code: 98005

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $20,970
  • Tax Rate Code Area: 0330

    Appraisal Valuation

  • Standard Deviation: 0.1436
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 3,113,119
  • High Value: 3,560,260
  • Low Value: 2,665,978

    Market Valuation

  • Market Total Value: $2,683,000
  • Market Land Value: $1,118,000
  • Market Improvement Value: $1,565,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,683,000
  • Assessed Land Value: $1,118,000
  • Assessed Improvements Value: $1,565,000

    Sales

  • Current Sale Contract Date: Aug 28, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Transaction ID: 11645089346
  • Current Sale Price: $1,833,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190913000989
  • Previous Sale Recording Date: Oct 22, 1999
  • Previous Sale Contract Date: Oct 18, 1999
  • Previous Sale Amount: $740,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Sep 13, 2019
  • First Mortgage Loan Amount: $1,379,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Wilburton - NE 8th St



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Frequently Asked Questions

What neighborhood is 516 131st Avenue Northeast located in?
The 516 131st Avenue Northeast is a located in the neighborhood of Wilburton in Wilburton - NE 8th St, Bellevue.
What is the average sales price for listings in 516 131st Avenue Northeast?
The average sales price for units in 516 131st Avenue Northeast is $0 currently.

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