Neighborhood
1848 140th Ave SE, Bellevue, WA 98005
2 beds · 2 baths · 1,650 sq ft · Lot: 16,896 sq ft · Single Family Home · Last Sold: $470K in 2006 · Built: 1968
Est. Value:
$1.65M
Est. Rent:
$3K/month

1848 140th Ave SE Bellevue, WA 98005

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2 beds · 2 baths · 1,650 sq ft · Lot Size: 16,896 sq ft · Single Family Home · Lake Hills
Est. Property Value: $1,646,881

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1848 140th Ave SE is in the Lake Hills neighborhood of Bellevue, WA. It is located in King County and ZIP code 98005. This Single Family Home was built in 1968 and is approximately 57 years old. The single family home spans 1650 sq ft with 2 bedrooms and 2 bathrooms and sits on a 16896 sq ft lot. According to public records, it was last sold in 2006 for $469,500 and has a tax-assessed value of $1,045,000, which is $998 per sq ft. The Lake Hills area of Bellevue has 72 residential homes with an average size of 1705 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1848 140th Ave SE Bellevue, WA 98005 with Property Intel by Whitepages.

Investment Potential for 1848 140th Ave SE

The property has a current estimated value of $1,646,881, which is 32% above the neighborhood median, based on public records. It last sold on July 28, 2006 for $470K. Projected long-term
is $36,600 annually ($3,050 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$36,600 per year($3,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 98005 zip code
 
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Owners & Occupancy for 1848 140th Ave SE

This property is owned by Charles H Thulin. Owner contact information includes 8 phone numbers and 6 email addresses.

Property Owners

OccupationAttorney, Ekman Thulin, P.S.
Cell Phone(918) ***-****View Cell Phone
Residence************
Landline(425) 454-2584
Distance from Property**********
Email Address**************@roadrunner.comView Email

Property Ownership Information

Purchase DateJuly 28, 2006
Property Tax Amount$8,179 in 2024
Purchase Price$469,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 75

Property Details for 1848 140th Ave SE

Property Details

Property Sq Ft

Living Area

1,650 sq ft

3% below market

Lot Size

16,896 sq ft

148% above market

Price Per Sq Ft

Living Area

$998 / sq ft

44% above market

Lot Size Area

$97 / sq ft

50% below market

Property condition, age, exterior, etc. for 1848 140th…
Longitude: -122.152993 Latitude: 47.593311 Parcel Number (APN): 883890-0117…
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Market Benchmarks

Compare data for 1848 140th Ave SE in King County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$1,646,881
$462,840
$1,184,040 (256%)
$570,096
$1,327,563 (233%)
YoY Price Change
2.75%
209%
Year Built
1968
1961
7 years
Living Space
1,650 sq ft
1,188 sq ft
462 (39%)
$ Per Living Sq Ft
$998
$365
$633 (173%)
Lot Size
16,896 sq ft
8,712 sq ft
8184 (94%)
$ Per Lot Sq Ft
$97
$57
$40 (71%)

Net Operating Income
$23,390
-$11,735 (-50%)
Annual Revenue
$36,600
$33,000
$3,600 (11%)
$9,506
$15,439 (162%)
Net Operating Income
$23,390
-$11,735 (-50%)
Cap Rate
4.57%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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