808 141st Place Southeast

Bellevue, WA 98007

$1,400,000
Last Sold Price
6
Beds
3
Baths
2,470 Sq. Ft.
$567 / Sq. Ft.
2,470
Sq. Ft.
$567
per Sq. Ft.

Description

A rare investment opportunity in the heart of Bellevue! Each unit has 3BR, 1.5 bath, light filled, spacious living room overlooking level private backyard. 1 car garage with plenty of parking spaces. New exterior paint well maintained. Long term tenants always pay rent on time. Unbeatable location in upcoming Lake hills, minutes to downtown Bellevue, I-90, major employers, schools, shops and restaurants, parks, trails, bus lines, and future aquatic center. With $50,000 upgrades you can get premium...A rare investment opportunity in the heart of Bellevue! Each unit has 3BR, 1.5 bath, light filled, spacious living room overlooking level private backyard. 1 car garage with plenty of parking spaces. New exterior paint well maintained. Long term tenants always pay rent on time. Unbeatable location in upcoming Lake hills, minutes to downtown Bellevue, I-90, major employers, schools, shops and restaurants, parks, trails, bus lines, and future aquatic center. With $50,000 upgrades you can get premium rent and reach almost 4% cap rate. Financial info is pro forma, see supplements for current financial due to lower rate to long term tenants. Look pass the cosmetics and own an income producing property in Bellevue!
  1. Listed by Yang Xiao • RE/MAX Northwest Realtors

Property Details for 808 141st Place Southeast

Community Name
Lake Hills
School District
Bellevue
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
2
Entry Date
06-25-2022
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Northwest Realtors

Sold By Keller Williams Rlty Bellevue

Add your commute
LISTING UPDATED: 08/10/2022 03:59 PM

Property Details for 808 141st Place Southeast

StatusSold
MLS #1955738
Days on Market15
Cumulative Days on Market604
Taxes$8,694 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1983
Lot Size0.21 AC / 9,151 SF
CountyKing County

Location

Listing Courtesy of RE/MAX Northwest Realtors

Sold By Keller Williams Rlty Bellevue

Add your commute

Virtual Tour

Building Information for 808 141st Place Southeast

Stories2Residences2Year Built1983Building Size-Lot Size0.21 AC / 9,151 SF

Payment Calculator

$8,365 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$725

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 808 141st Place Southeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, High Speed Internet
  • Area: 530 - Bellevue/East of 405
  • Directions: From Lake Hills Connector, continue east onto SE 8th St. Turn south (right) onto 141st Pl SE and the duplex will be on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Fireplace: No
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Forced Air
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 30
Lot Information
  • Lot Details: Cul-De-Sac, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 4279600070
  • Calculated Square Footage: 2470
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2470.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10534
  • Gross Adjusted Income: 67200
  • Gross Rent Multiplier: 21
  • Gross Scheduled Income: $67,200
  • Insurance Expense: $1,040
  • Net Operating Income: $56,666
  • Other Expenses: $800
  • Total Monthly Income: 4400
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 808
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1235
  • Rent Unit 1: $2,000.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 812
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1235
  • Rent Unit 2: $2,400.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2470.0
  • Leasable Area Units: Square Feet

Property History for 808 141st Place Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 808 141st Place Southeast

Taxable ValueLand$895,000Additions$698,000Total$1,593,000
Tax Record2022$11,281 ($940 / month)
Home Facts
Baths3Total Finished SqFt2,470 SqFtAbove Ground SqFt2,470 SqFtStories2Lot Size9,151 SqFtStyleDuplexYear Built1983ZoningR-10CountyKINGAPN427960-0070Fireplace TypeHas Fireplace

Schools near 808 141st Place Southeast

This home is within Bellevue School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Lake Hills Elementary School
PublicPK to 5

Odle Middle School
Public6 to 8

Sammamish Senior High School
Public9 to 12

International School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Northwest Realtors

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.