(Bellevue, WA) Somerset Flip 300k Plus Profit❗️

King County, Bellevue, WA, 98006 view full address
For Sale
Listed at: May 21st, 2025
Price
$1,350,000
ARV
$1,850,000
Gross Margin
$500,000
Sq. Footage
2250
Type
Single-Family
Parking
Attached Garage
Year build
1977
Lot size
0.24 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

Attention Flippers - Dont miss this Bellevue renovation opprotunity!

 

We have an assignable contract available to purchase.

Go to foursquaredeals.net to see our other deals/inventory.  You can also view our sold deals for reference.

Discover an exceptional investment opportunity at 4643 147th Pl SE, Bellevue, WA. Nestled in one of the most sought-after neighborhoods, this property offers not only a prime location but also the potential for significant appreciation in value.This stunning residence boasts a spacious layout, featuring modern finishes and ample natural light throughout. With its well-maintained garden and inviting outdoor space, it presents an ideal environment for families and professionals alike.Located just minutes away from top-rated schools, shopping centers, and tech hubs, this property is positioned to attract a diverse range of tenants or homeowners. Enhanced accessibility to major highways and public transportation further increases its appeal, making it a convenient choice for commuters.

 

SUGGESTED STARTING PRICE: 1,350,000 (assignment included)

 

ARV:1,850,000 

  

Perfect For: Fix & Flip

(Purchase Price: 1,350,000) + (Rehab: 150,000) = (Total Investment: 1,500,000)

(ARV: 1,850,000) - (Total Investment: 1,500,000) = (Gross Profit: 350,000)

ARV Comps:

 Buy With Equity (As-Is Comps): 

 

Property Overview:

Bedrooms: 4

Bathrooms: 3

sq. ft. 2250

Lot size: 10,500

Built in: 1977 

 

Property Details:

Exterior: Good

Roof: 10+ Years

Landscape: Maintained

Windows: Some New

Utilities: City water and sewer

Plumbing: good

Electric: Breaker Box

Foundation: No issues

Hot Water Heater: Good

HVAC: No Issues

Kitchen: Needs updates

Bathrooms: Needs updates

Garage: 2 car garage

 

Additional Insights:

Many flips in the area

History: Long term owner (relocating)

Attention Required:  Modernization and updating is needed

Occupancy: Owner Occupied

Vacancy Timing: At Close

Check out the attached deal calculator...

 

PLEASE CALL Tiki TO SCHEDULE SHOWINGS

(206) 409-4355

TENTATIVE CLOSE DATE ON OR BEFORE: 30 DAYS

 

WATCH THE WALK THROUGH VIDEO BELOW

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Tiki Tonga

No reviews

Disposition manager