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Least Expensive SFH in Bellevue.

AlanAlan
edited July 2007 in Seattle Real Estate
I thought this might be interesting to track over time.

Price: $399,950
1112 166TH AVE SE
BELLEVUE, WA 98008-6034
Beds: 3
Baths: 1.75
Sq. Ft.*: 1,450
Lot Sq. Ft.*: 8,957
On Redfin: 123 days

http://www.redfin.com/stingray/do/printable-listing?listing-id=305693

Comments

  • EastSiderEastSider
    It's marked as "Sold - Subject to inspection"
  • AlanAlan
    Price: $349,950
    16608 NE 9TH ST
    BELLEVUE, WA 98008-3703
    Beds: 3
    Baths: 1
    Sq. Ft.*: 1,210
    Lot Sq. Ft.*: 7,841
    On Redfin: 2 days
  • AlanAlan
    16608 NE 9th St is no longer on Redfin so we are back to the original house -- still subject to inspection.

    Price: $399,950
    1112 166TH AVE SE
    BELLEVUE, WA 98008-6034
    Beds: 3
    Baths: 1.75
    Sq. Ft.*: 1,450
    Lot Sq. Ft.*: 8,957
    On Redfin: 136 days
  • AlanAlan
    No change in this item. The same house is still on the market and listed as subject to inspection.
  • mike2mike2
    These inspections seem to take longer and longer. Seriously, what's up with a house staying STI for more than a month?

    This one in Matthews Beach (9105 SAND POINT WAY NE, 98115) has been STI for going on 2 months now.
  • deejayohdeejayoh
    I think they show as STI until they close - even if no inspection is required. For these low price places, if they are tear downs (which many are) a RE "investor" will try to get them under contract for as long as possible while they try to figure out if they can make a deal work or not.

    I suspect that's what you have going on here. I have seen a really marginal property in Columbia City go STI 4-5 times. Its a tear down that is zoned L2 - but the city has an easement for access to a neighboring park. It goes under contract, then the would-be Trumps figure out that they can't build on half the lot - and presto it is back on the market.
  • mike2mike2
    I doubt the Matthews Beach property is a teardown @ $520K since it sits level with the beach and is a good 4 blocks from the lake - None of the immediate neighbors seem to have a lake view. Granted, it's an ugly 25+ year old split level so who knows for sure. In other areas those 70's style houses are getting knocked down left and right.
  • deejayohdeejayoh
    Mike - yeah, my comment was meant to be "generally" - not specific to the house you referenced. I didn't look at that link :oops:
  • AlanAlan
    Wow. After months of looking at that same old house (which I am not even sure is actually on the market -- I did a drive by and saw no real-estate signs), we have a new contendor for "Least Expensive House in Bellevue".

    http://www.redfin.com/stingray/do/printable-listing?listing-id=799322

    16437 NE 16th Pl
    Bellevue, WA 98008

    I've seen this house on the market before. It wasn't the cheapest then so that means it has gone through a PRICE REDUCTION!!!!!

    I wonder why they didn't advertise that.

    If our old friend at 1112 166th Ave SE is still on the market, it has been STI since MARCH as Eastsider was so kind to point out.
  • AlanAlan
    Technically, not a SFH, but townhomes show up in my search so I'm counting it.

    229 169th Ave NE
    Bellevue, WA 98008

    1240 sqft for $350k.

    http://www.redfin.com/stingray/do/printable-listing?listing-id=817271

    Imagine that! Living in the heart of Bellevue for only $350k. Folks, it doesn't get much better than this!
  • AlanAlan
    The old places are gone. We have a new leader now.

    16437 NE 16th Pl
    Bellevue, WA 98008

    $395,000

    3 bedroom / 1 bath
    No square feet listed (actually they list the lot size for the house size).

    No pictures.

    Sold AS-IS (in CAPS even).

    I think this one would be scary if I went to look at it.
  • UbersaladUbersalad
    Alan wrote:
    Imagine that! Living in the heart of Bellevue for only $350k. Folks, it doesn't get much better than this!

    You're obviously not familiar with Bellevue to be saying that. That location is on the edge of Bellevue. Look for any West Bellevue property to be under 800k.
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