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4620 Somerset Place Southeast

4620 Somerset Place Southeast, Bellevue, WA 98006
Property in Somerset
Sold Oct 29, 2021
$2,680,000
$1,608,000 by First Financial Northwest Bank
Mortgage Due Nov 01, 2051
Sold Mar 31, 2015
$1,505,000
4620 Somerset Place Southeast in Bellevue, WA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4620 Somerset Place Southeast has 3,180 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 570 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 9,400 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 690 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 A. The condition of the building has been evaluated as unknown. 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, 4620 Somerset Place Southeast sold most recently in Oct 20, 2021 for a total of $2,680,000. If you work out the math, that's approximately a cost of $692.51 per sqft. Before that, the property was also sold for $1,505,000 in Mar 22, 2015. 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 $19,690 in taxes each year. 4620 Somerset Place Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,519,000. 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 $1,041,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 570
  • Garage Type: Attached
  • Garage Square Area: 690
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,400
  • Total Building Area: 3,870
  • Gross Building Area: 3,870
  • Building Area: 3,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,180
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOMERSET NO. 14
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOMERSET # 14 PLAT BLOCK: 6 PLAT LOT: 27

Ownership

  • Current Owner : LIU RUITONG
  • Previous Owner : WANG XIUYING
  • Previous Owner 2: LI JIANWEN
  • Owner Before Previous Owner: LIAO YUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-3.5

Geography

  • Account Number: 785640030009
  • District: BELLEVUE
  • Parcel: 785640-0300
  • Block: 6
  • Lot: 27
  • Meridian: SEC 15 TWN 24 RNG 05
  • Municipality: BELLEVUE
  • Latitude: 47.5617
  • Longitude: -122.158

    Address

  • Full Address: 4620 Somerset Pl Se
  • Address - House Number: 4620
  • Street Segment Direction: SE
  • Address - Street Name: Somerset
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Bellevue
  • Carrier Code: C079
  • 4-Digit Zip Code: 3023
  • Zip Code: 98006

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $19,690
  • Tax Rate Code Area: 0330

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 2,695,256
  • High Value: 3,126,841
  • Low Value: 2,263,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,608,000
  • First Open Lien Mortgage Lender: FIRST FINANCIAL NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,608,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $2,519,000
  • Market Land Value: $1,478,000
  • Market Improvement Value: $1,041,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,519,000
  • Assessed Land Value: $1,478,000
  • Assessed Improvements Value: $1,041,000

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11862170768
  • Current Sale Price: $2,680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211029001455
  • Previous Sale Recording Date: Mar 31, 2015
  • Previous Sale Contract Date: Mar 22, 2015
  • Previous Sale Amount: $1,505,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL NORTHWEST BANK
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $1,608,000
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 4620 Somerset Place Southeast located in?
The 4620 Somerset Place Southeast is a located in the neighborhood of Somerset in Factoria, Bellevue.
What is the average sales price for listings in 4620 Somerset Place Southeast?
The average sales price for units in 4620 Somerset Place Southeast is $0 currently.

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