Owner
$1,003,474
6 LAKE BELLEVUE DR APT 206, BELLEVUE, WA
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
2
baths
2
sq. ft.
1,558
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Average Condition
Living Area
Garage
3 Stories
Pool (Yes)
Wood
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1979
Building Size
1,558 sq ft
Lot Size
226,253 sq ft
Lot Size (Acres)
5.19 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
398690-0420
County
King County, Washington
Metro Area
Seattle-Tacoma-Bellevue, WA
Zoning
BR-R
Neighborhood/Subdivision
LAKE BELLEVUE VILLAGE
Lot Number
—
School District
Bellevue School District
Legal Description
LAKE BELLEVUE VILLAGE CONDOMINIUM PCT OF VALUE 1.7941
Tax & Value Information
Market Value (Total)
$771,000
Building Value
$557,900
Land Value
$213,100
Annual Property Tax
$5,668
Tax Assessment Year
2025
Assessed Value
$771,000
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
10/6/2022
Recording Date
10/7/2022
Sales Document #
2022.578
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$38,829
Return on Investment
15.60%
After Repair Value
$1,103,821
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$903,127
Renovation Cost
$50,174
Closing Costs (buying)
$18,063
Holding Costs
$27,400
Selling Costs
$66,229
Total Investment
$248,862
After Repair Value (ARV)
$1,103,821
Total Costs
$1,064,992
Estimated Profit
$38,829
Cash Invested
$230,799
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area