What’s Selling South of I-90?

We are officially past spring and into summer, so how did the Bellevue real estate market fare during the last month of spring home shopping? From the nearly 200 homes currently still for sale South of I-90 from Factoria to Lakemont Park, five homes sold in June. More than 50 homes sold in the same area from March to May this year. Any commonalities with the June hotties? Besides, a roof, pleasant neighborhoods and Bellevue zip codes, not really. Sale prices ranged from high $400’s to $1.2 million. 

One four bedroom, three bathroom home had the same owner for 25 years! It was built in 1985 and sold the same year for $173, 537. That was a lot in 1985. On June 5, 2008, the home sold for $742,000—a 6.6 percent year to year appreciation rate.   

Own real estate in south Bellevue and interested in how your neighbors’ homes are selling? Check below for the most recent sales.   

13801 SE Allen Rd #13815
Sold for $480,000 

16119 SE 42nd St
Sold for $560,000 

15611 SE 45th Pl
Sold for $742,000
Note: The home’s direct facing to a protected park had to have helped the sale. Comparable homes nearby don’t have the luxury of a view and have significantly lower sale prices.  

14810 SE 50th St
Sold for $825,000 

4735 134th Pl SE
Sold for $1,228,800
Note: Better have a fat pre-approved loan before strolling into this pricey Somerset neighborhood – homes nearby don’t dip below $700,000.