Score
0Issaquah, WA
13625 229th Dr SE
1.3M
4 beds
3 baths
2,750 sqft
4 bd • 3 ba • 2,750 sf
Educational Use Only — NOT an appraisal or professional advice. — NOT professional advice. See terms
AI Property Analysis
0:000:00 / 0:00
List Price
$1,251,000
Price/Sq.Ft
$455
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Desirable Location: Situated in Issaquah, WA, the property benefits from the city's reputation for good schools, access to outdoor recreation, and a family-friendly environment.
• Spacious Size: With 4 bedrooms and 3 bathrooms spread across 2,750 square feet, the house offers ample living space for families or those who desire extra room for guests or hobbies.
• Competitive Price per Square Foot: At $454.91 per square foot, the property's price is reasonable, making it an attractive option compared to other homes in the area.
• High Median Income: The area's high median income of $128,556 suggests a strong local economy and a stable housing market.
• Rental Income Potential: With estimated rental rates of $4,000 for a 4-bedroom home, the property presents an opportunity for generating rental income, either as a primary residence with tenants or as an investment property.
The Bad
• Lack of Specific Property Details: The absence of a detailed property description, room details, and utility information makes it difficult to fully assess the home's features, layout, and condition. This lack of transparency may deter some buyers.
• Unknown Year Built: The missing year built is a significant drawback. It makes it difficult to assess the property's age, potential maintenance needs, and compliance with current building codes. This uncertainty can raise concerns about potential hidden issues.
• Limited Public Transportation: Issaquah is largely car-dependent, which may be a disadvantage for those who prefer to rely on public transportation. This lack of convenient public transit options can increase transportation costs and limit accessibility for some residents.
• High Housing Costs: Issaquah's affluent nature and limited inventory can lead to intense bidding wars and potentially inflated prices. This high cost of entry may be a barrier for some buyers.
The Ugly
• Missing Property Description: The complete lack of a property description is highly unusual and raises concerns about the seller's transparency. It makes it difficult to assess the property's unique features, condition, and overall appeal.
• Unknown Year Built: The absence of a year built is a major red flag. It suggests potential issues with the property's age, maintenance history, and compliance with building codes. This lack of information could deter many buyers.
• Potential for Intense Competition: The local market context indicates high housing costs, limited inventory, and competition from tech companies. This competitive environment may lead to bidding wars and potentially inflated prices.
• Car Dependency: Issaquah's limited public transportation options mean residents are largely car-dependent. This can increase transportation costs and limit accessibility for those who prefer to rely on public transit.
• Unlisted Property Features: The absence of listed property features makes it challenging to compare this home to others in the area. Buyers must rely solely on the limited information provided, which creates uncertainty about the property's amenities and overall value.
Who is this property for?
These details are presented solely for educational purposes and are not meant to steer or limit any prospective buyer.
Best For
• Established families seeking a home in the highly-regarded Issaquah School District. The 4-bedroom layout provides ample space, and proximity to schools is a significant advantage.
• Buyers who value a larger home with a traditional layout. The 2,750 square feet provides comfortable living space, and the presence of 3 bathrooms adds convenience.
• Individuals or families who desire a suburban setting with access to outdoor recreation. Issaquah's location offers access to parks and trails, appealing to those with an active lifestyle.
• Buyers seeking a property with potential for customization or updates. The house may benefit from cosmetic improvements, allowing new owners to personalize the space to their taste.
• Those who can comfortably afford the estimated monthly housing costs, including mortgage, property taxes, and insurance, based on a median income of $128,556.
Not For
• Buyers who are on a strict budget or seeking more affordable housing options. Issaquah's high housing costs and property taxes may make this property unaffordable for some.
• Individuals or families who require minimal commute times to Seattle or other employment centers. Traffic congestion on I-90 can significantly impact commute times, making this property less appealing for those who prioritize a shorter commute.
• Buyers who prefer a low-maintenance property or are not interested in potential renovation projects. This property may require updates or repairs, which could be a deterrent for those seeking a move-in-ready home.
• Those who prioritize access to extensive public transportation options. Issaquah is largely car-dependent, which may not be suitable for those who prefer to rely on public transit.
• Individuals who are sensitive to noise or disruption from construction activity. Issaquah's rapid growth may result in construction noise and traffic congestion in certain areas.
Demographics
Area Median Income
$128,556
Property History
Price History
Ownership Timeline
$574,000Financed
Jul 26, 2013Charles M Gingrich, Judith E GingrichDaniel C Herselman, Jacqui L Herselman
Warranty Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
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Sunlight Analysis
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Financials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$2,120
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$1,251,000
Price/sqft
$455
Layout
4 bd•3 ba
Stats in the Area
Based on 2 comparable properties nearby
Average Price
$1,012,500
23.6%
Your price is 23.6% above average
Median Price
$1,585,000
21.1%
Based on 2 recent sales
Price per Sq.Ft
$433
5.1%
Your price is 5.1% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 12815 Issaquah Hobart Road SE, Issaquah, WA 98027 | $1,585,000 | 2,360 | 4 | 3 | $67247.6% | 1/16/2025 |
| 23505 SE 137th Street, Issaquah, WA 98027 | $440,000 | 2,260 | 3 | 2 | $19557.2% | 9/6/2024 |
12815 Issaquah Hobart Road SE, Issaquah, WA 98027
Price: $1,585,000
Sq.Ft: 2,360
Beds/Baths: 4/3
$/Sq.Ft:
$67247.6%
Sale Date: 1/16/2025
23505 SE 137th Street, Issaquah, WA 98027
Price: $440,000
Sq.Ft: 2,260
Beds/Baths: 3/2
$/Sq.Ft:
$19557.2%
Sale Date: 9/6/2024
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